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        <name>Arizona Industrial Development Authority</name>
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      </invstOrSec>
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        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BTE47"/>
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        <name>Arkansas Development Finance Authority</name>
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          <isin value="US04108VBJ26"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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          <isin value="US041806E976"/>
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        <curCd>USD</curCd>
        <valUSD>313112.28000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <cusip>041806F70</cusip>
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          <isin value="US041806F700"/>
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        <balance>3130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2946384.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <title>Arlington Higher Education Finance Corp., Series 2016 A</title>
        <cusip>041806HK9</cusip>
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          <isin value="US041806HK90"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Atlanta Development Authority (The)</name>
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          <isin value="US04780NMW47"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Atlanta Development Authority (The)</name>
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        <cusip>04780NMX2</cusip>
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          <isin value="US04780NMX20"/>
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        <balance>1510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1543639.78000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Atlantic City NJ</name>
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          <isin value="US048339TX35"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9949.08000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Austin TX Airport System Revenue</name>
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          <isin value="US052398FT60"/>
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        <balance>2985000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2999056.07000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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        <title>Austin Convention Enterprises, Inc., Series A</title>
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          <isin value="US052409DK27"/>
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        <curCd>USD</curCd>
        <valUSD>20100.79000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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          <isin value="US052409DR79"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Austin Convention Enterprises, Inc.</name>
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          <isin value="US052409EF23"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Avenir Community Development District</name>
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          <isin value="US05357JAK25"/>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>N/A</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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          <isin value="US05616KAD28"/>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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          <maturityDt>2031-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Bexar County Health Facilities Development Corp.</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Black Belt Energy Gas District</name>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182TGG67"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182TGJ07"/>
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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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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District, Series 2025 C</title>
        <cusip>09182TGK7</cusip>
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          <isin value="US09182TGK79"/>
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        <curCd>USD</curCd>
        <valUSD>3741446.52000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District, Series 2025 C</title>
        <cusip>09182TGL5</cusip>
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          <isin value="US09182TGL52"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42354856.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brightline East LLC</name>
        <lei>N/A</lei>
        <title>Brightline East LLC</title>
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          <isin value="US093536AA89"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1081389.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Boone MO</name>
        <lei>N/A</lei>
        <title>County of Boone, Series 2016</title>
        <cusip>098867FR0</cusip>
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          <isin value="US098867FR00"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24899.05000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Boone MO</name>
        <lei>N/A</lei>
        <title>County of Boone, Series 2016</title>
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          <isin value="US098867FT65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Boone MO</name>
        <lei>N/A</lei>
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          <isin value="US098867FU39"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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      <invstOrSec>
        <name>County of Boone MO</name>
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          <isin value="US098867FV12"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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      <invstOrSec>
        <name>County of Boone MO</name>
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          <isin value="US098867FY50"/>
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          <maturityDt>2033-08-01</maturityDt>
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        <name>County of Boone MO</name>
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          <isin value="US098867FZ26"/>
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          <maturityDt>2034-08-01</maturityDt>
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      <invstOrSec>
        <name>County of Boone MO</name>
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          <isin value="US098867GB49"/>
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          <maturityDt>2038-08-01</maturityDt>
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      <invstOrSec>
        <name>Village of Bridgeview IL</name>
        <lei>N/A</lei>
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          <isin value="US108555HV89"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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      <invstOrSec>
        <name>Village of Bridgeview IL</name>
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        <balance>2175000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Bridle Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Bridle Creek Community Development District, Series 2025</title>
        <cusip>108860AB3</cusip>
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          <isin value="US108860AB31"/>
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        <balance>1790000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
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      <invstOrSec>
        <name>Bucks County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Bucks County Industrial Development Authority, Series 2021</title>
        <cusip>11861MAV8</cusip>
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          <isin value="US11861MAV81"/>
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        <name>Capital Projects Finance Authority/FL</name>
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        <name>Capital Trust Authority</name>
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        <name>City of Celina TX</name>
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        <name>Charlotte County Industrial Development Authority/FL</name>
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        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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        <name>Chelsea Park Cooperative District</name>
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        <name>Delaware County Memorial Hospital/IA</name>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2020</title>
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          <isin value="US263804CB07"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2021</title>
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          <isin value="US263804CS32"/>
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        <curCd>USD</curCd>
        <valUSD>152629.61000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2021</title>
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          <isin value="US263804CT15"/>
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        <curCd>USD</curCd>
        <valUSD>10180.06000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US263804CU87"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127119.55000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2021</title>
        <cusip>263804CV6</cusip>
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          <isin value="US263804CV60"/>
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        <curCd>USD</curCd>
        <valUSD>30404.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2021</title>
        <cusip>263804CW4</cusip>
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          <isin value="US263804CW44"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>590782.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2021</title>
        <cusip>263804CX2</cusip>
        <identifiers>
          <isin value="US263804CX27"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>341935.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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        <cusip>263804CY0</cusip>
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          <isin value="US263804CY00"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30037.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2021</title>
        <cusip>263804CZ7</cusip>
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          <isin value="US263804CZ74"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309771.75000000</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>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dutchess County Local Development Corp.</name>
        <lei>N/A</lei>
        <title>Dutchess County Local Development Corp., Series 2016 B</title>
        <cusip>267045GN6</cusip>
        <identifiers>
          <isin value="US267045GN66"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146245.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eagle County Airport Terminal Corp.</name>
        <lei>N/A</lei>
        <title>Eagle County Airport Terminal Corp., Series B</title>
        <cusip>26947EBQ2</cusip>
        <identifiers>
          <isin value="US26947EBQ26"/>
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        <balance>5450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5492517.09000000</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>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Eagle County Airport Terminal Corp.</name>
        <lei>N/A</lei>
        <title>Eagle County Airport Terminal Corp., Series B</title>
        <cusip>26947EBR0</cusip>
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          <isin value="US26947EBR09"/>
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        <curCd>USD</curCd>
        <valUSD>1004070.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Central Vermont Telecommunications District</name>
        <lei>549300UHVQS0JED3EZ33</lei>
        <title>East Central Vermont Telecommunications District, Series 2016 A</title>
        <cusip>271524AE0</cusip>
        <identifiers>
          <isin value="US271524AE08"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167886.58000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Central Vermont Telecommunications District</name>
        <lei>549300UHVQS0JED3EZ33</lei>
        <title>East Central Vermont Telecommunications District, Series 2017 A</title>
        <cusip>271524AH3</cusip>
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          <isin value="US271524AH39"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55034.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>East Central Vermont Telecommunications District</name>
        <lei>549300UHVQS0JED3EZ33</lei>
        <title>East Central Vermont Telecommunications District, Series 2017 A</title>
        <cusip>271524AJ9</cusip>
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          <isin value="US271524AJ94"/>
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        <balance>235000.00000000</balance>
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        <valUSD>235195.12000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of East Chicago IN</name>
        <lei>N/A</lei>
        <title>City of East Chicago, Series 2025</title>
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        <identifiers>
          <isin value="US271592AH02"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>518697.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>East Nassau Stewardship District</name>
        <lei>N/A</lei>
        <title>East Nassau Stewardship District, Series 2024</title>
        <cusip>273794AJ6</cusip>
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          <isin value="US273794AJ69"/>
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        <balance>840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>847748.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of East Providence RI</name>
        <lei>N/A</lei>
        <title>City of East Providence, Series 2016</title>
        <cusip>274632AB4</cusip>
        <identifiers>
          <isin value="US274632AB46"/>
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        <balance>9650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9861741.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <name>George L Smith II Congress Center Authority</name>
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      <invstOrSec>
        <name>George L Smith II Congress Center Authority</name>
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      <invstOrSec>
        <name>City of Glens Falls NY</name>
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        <name>Golden Gem Community Development District</name>
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        <name>Gracewater Sarasota Community Development District</name>
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      <invstOrSec>
        <name>City of Great Falls MT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</name>
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        <name>Greater Texas Cultural Education Facilities Finance Corp.</name>
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        <name>Greenbriar Community Development District</name>
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        <name>City of Hackberry TX</name>
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          <maturityDt>2046-09-01</maturityDt>
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        <name>County of Hardin OH</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>County of Hardin OH</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Harmony Community Development District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Harrison County Utility Authority</name>
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        <name>Harvest Hills South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Harvey IL</name>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Hawaii Department of Budget &amp; Finance</name>
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          <isin value="US419800PU50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Horace ND</name>
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          <isin value="US440365FX78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Airport System Revenue</name>
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          <isin value="US4423487W28"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Houston TX Airport System Revenue</name>
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          <isin value="US442349DG86"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Houston TX Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-15</maturityDt>
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        <name>City of Huber Heights OH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Huntington WV</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>City of Huntsville TX</name>
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        <name>City of Hutchinson KS</name>
        <lei>549300TUCDL8L0PET640</lei>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>City of Hutchinson KS</name>
        <lei>549300TUCDL8L0PET640</lei>
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        <name>Illinois Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2015 A</title>
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        <name>Jefferson County Civic Facility Development Corp.</name>
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        <name>Kalamazoo Economic Development Corp.</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lakefront Estates Community Development District</name>
        <lei>N/A</lei>
        <title>Lakefront Estates Community Development District, Series 2025</title>
        <cusip>51152CAB8</cusip>
        <identifiers>
          <isin value="US51152CAB81"/>
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        <balance>2325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2363791.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakes of Sarasota Community Development District 2</name>
        <lei>N/A</lei>
        <title>Lakes of Sarasota Community Development District 2, Series B</title>
        <cusip>51207BAJ8</cusip>
        <identifiers>
          <isin value="US51207BAJ89"/>
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        <balance>3025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3087602.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakeside Preserve Community Development District</name>
        <lei>N/A</lei>
        <title>Lakeside Preserve Community Development District, Series 2019</title>
        <cusip>51218WAC4</cusip>
        <identifiers>
          <isin value="US51218WAC47"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414971.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2016</title>
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          <isin value="US51265KAV08"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>730493.85000000</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>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2019</title>
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          <isin value="US51265KCS50"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>529186.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2020 A</title>
        <cusip>51265KED6</cusip>
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          <isin value="US51265KED63"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>490112.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2020</title>
        <cusip>51265KEH7</cusip>
        <identifiers>
          <isin value="US51265KEH77"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>971785.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2021</title>
        <cusip>51265KFD5</cusip>
        <identifiers>
          <isin value="US51265KFD54"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>572839.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2024</title>
        <cusip>51265KFY9</cusip>
        <identifiers>
          <isin value="US51265KFY91"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>599846.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2025</title>
        <cusip>51265KGE2</cusip>
        <identifiers>
          <isin value="US51265KGE29"/>
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        <balance>1710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1798882.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2025</title>
        <cusip>51265KGF9</cusip>
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          <isin value="US51265KGF93"/>
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        <balance>2795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2971069.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Lancaster County Hospital Authority, Series 2017</title>
        <cusip>514045R62</cusip>
        <identifiers>
          <isin value="US514045R625"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39797.52000000</valUSD>
        <pctVal>0.002088650411</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Lancaster County Hospital Authority, Series 2017</title>
        <cusip>514045S46</cusip>
        <identifiers>
          <isin value="US514045S466"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100049.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Lancaster County Hospital Authority, Series 2019 A</title>
        <cusip>51404PAA7</cusip>
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          <isin value="US51404PAA75"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250784.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
        <lei>N/A</lei>
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        <cusip>51404PAC3</cusip>
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          <isin value="US51404PAC32"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256200.57000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Landfall Village MN</name>
        <lei>N/A</lei>
        <title>City of Landfall Village, Series 2024</title>
        <cusip>514895AE1</cusip>
        <identifiers>
          <isin value="US514895AE10"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205674.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Landfall Village MN</name>
        <lei>N/A</lei>
        <title>City of Landfall Village, Series 2024</title>
        <cusip>514895AF8</cusip>
        <identifiers>
          <isin value="US514895AF84"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215804.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Landfall Village MN</name>
        <lei>N/A</lei>
        <title>City of Landfall Village, Series 2024</title>
        <cusip>514895AG6</cusip>
        <identifiers>
          <isin value="US514895AG67"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>225466.36000000</valUSD>
        <pctVal>0.011832908323</pctVal>
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        <assetCat>DBT</assetCat>
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        <name>City of Las Vegas NV Special Improvement District No. 812</name>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lees Summit Industrial Development Authority</name>
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        <name>Village of Lincolnwood Il</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>Louisiana Public Facilities Authority</name>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Miami-Dade County Industrial Development Authority</name>
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      <invstOrSec>
        <name>Miami-Dade County Expressway Authority</name>
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      <invstOrSec>
        <name>Miami Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US594479GN19"/>
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          <isin value="US594479HH32"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan State Building Authority</name>
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          <isin value="US594615KQ80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-04-15</maturityDt>
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        <name>Michigan Strategic Fund</name>
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          <isin value="US594698SK96"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Midtown Miami Community Development District</name>
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        <name>Mission Economic Development Corp.</name>
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        <name>Mississippi Business Finance Corp.</name>
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        <name>Mississippi Development Bank</name>
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        <name>Mississippi Development Bank</name>
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        <name>Mississippi Development Bank</name>
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        <name>Monroe County Industrial Development Corp.</name>
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        <name>Monroe County Industrial Development Corp.</name>
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        <name>Montgomery County Higher Education and Health Authority</name>
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        <name>MTA Hudson Rail Yards Trust Obligations</name>
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        <name>MTA Hudson Rail Yards Trust Obligations</name>
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        <name>Natchez-Adams School District</name>
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      <invstOrSec>
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        <name>Natchez-Adams School District</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Onondaga Civic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Onondaga Civic Development Corp.</name>
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        <name>Onondaga Civic Development Corp.</name>
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          <isin value="US682832KM19"/>
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        <name>Onondaga Civic Development Corp.</name>
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          <isin value="US682832KN91"/>
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        <name>Onondaga Civic Development Corp.</name>
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        <name>Onondaga Civic Development Corp.</name>
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        <name>Oregon State Facilities Authority</name>
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        <name>Osceola Chain Lakes Community Development District</name>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <name>Palm Beach County Health Facilities Authority</name>
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          <maturityDt>2028-05-15</maturityDt>
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      <invstOrSec>
        <name>Palm Beach County Health Facilities Authority</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp., Series 2016 B</title>
        <cusip>762244HJ3</cusip>
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          <isin value="US762244HJ37"/>
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        <balance>5250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5249636.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp.</name>
        <lei>N/A</lei>
        <title>Rhode Island Health and Educational Building Corp.</title>
        <cusip>762244PG0</cusip>
        <identifiers>
          <isin value="US762244PG06"/>
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        <balance>1915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1935228.91000000</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>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Richmond Hospital Authority</name>
        <lei>N/A</lei>
        <title>Richmond Hospital Authority, Series 2015 A</title>
        <cusip>764791AY5</cusip>
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          <isin value="US764791AY53"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>801692.64000000</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>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Richmond Hospital Authority</name>
        <lei>N/A</lei>
        <title>Richmond Hospital Authority, Series 2015 A</title>
        <cusip>764791BB4</cusip>
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          <isin value="US764791BB42"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000063.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rockland County Economic Assistance Corp.</name>
        <lei>N/A</lei>
        <title>Rockland County Economic Assistance Corp., Series 2025</title>
        <cusip>77356HAC4</cusip>
        <identifiers>
          <isin value="US77356HAC43"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3593579.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Village of Romeoville IL</name>
        <lei>N/A</lei>
        <title>Village of Romeoville, Series 2018 B</title>
        <cusip>77615NAX2</cusip>
        <identifiers>
          <isin value="US77615NAX21"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505058.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Village of Romeoville IL</name>
        <lei>N/A</lei>
        <title>Village of Romeoville, Series 2018 B</title>
        <cusip>77615NAY0</cusip>
        <identifiers>
          <isin value="US77615NAY04"/>
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        <balance>4665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4664771.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>St Louis County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>St Louis County Industrial Development Authority, Series 2013 A</title>
        <cusip>791524BT7</cusip>
        <identifiers>
          <isin value="US791524BT72"/>
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        <balance>915000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>916189.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City, Series 2017 A</title>
        <cusip>795576FX0</cusip>
        <identifiers>
          <isin value="US795576FX05"/>
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        <balance>7390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7404784.43000000</valUSD>
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        <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>Saltleaf Community Development District</name>
        <lei>N/A</lei>
        <title>Saltleaf Community Development District, Series 2024</title>
        <cusip>79575MAC4</cusip>
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          <isin value="US79575MAC47"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1011729.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Commission-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Commission-San Francisco International Airport,, Series 2016 B</title>
        <cusip>79766DGF0</cusip>
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          <isin value="US79766DGF06"/>
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        <balance>13340000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-01</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; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport</title>
        <cusip>79766DSA8</cusip>
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          <isin value="US79766DSA80"/>
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        <balance>20640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20611838.78999999</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport</title>
        <cusip>79766DXZ7</cusip>
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          <isin value="US79766DXZ76"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>San Gorgonio Memorial Health Care District</name>
        <lei>N/A</lei>
        <title>San Gorgonio Memorial Health Care District, Series 2014</title>
        <cusip>79781REP0</cusip>
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          <isin value="US79781REP01"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10000.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Gorgonio Memorial Health Care District</name>
        <lei>N/A</lei>
        <title>San Gorgonio Memorial Health Care District, Series 2015</title>
        <cusip>79781RFM6</cusip>
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          <isin value="US79781RFM60"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>925866.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>San Gorgonio Memorial Health Care District</name>
        <lei>N/A</lei>
        <title>San Gorgonio Memorial Health Care District, Series 2020</title>
        <cusip>79781RGC7</cusip>
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          <isin value="US79781RGC79"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44073.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sarasota County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Sarasota County Health Facilities Authority, Series 2016</title>
        <cusip>80329UAX7</cusip>
        <identifiers>
          <isin value="US80329UAX72"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25117.57000000</valUSD>
        <pctVal>0.001318218394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sarasota County Health Facilities Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority</name>
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          <isin value="US82706TAA97"/>
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        <name>Silverlake Community Development District</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>St Mary Hospital Authority</name>
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        <name>Suffolk Regional Off-Track Betting Corp.</name>
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        <name>City of Sugar Land TX</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Sullivan NY</name>
        <lei>N/A</lei>
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          <isin value="US865273AJ54"/>
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        <curCd>USD</curCd>
        <valUSD>100570.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sunrise Community Development District</name>
        <lei>N/A</lei>
        <title>Sunrise Community Development District, Series 2025</title>
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          <isin value="US86771UAB52"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>866398.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Superstition Vistas Community Facilities District No. 1</name>
        <lei>N/A</lei>
        <title>Superstition Vistas Community Facilities District No. 1, Series 2024</title>
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        <identifiers>
          <isin value="US86852AAT25"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121150.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Susquehanna Area Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>Susquehanna Area Regional Airport Authority, Series 2017</title>
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        <identifiers>
          <isin value="US86909RBH30"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004962.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Syracuse Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>Syracuse Regional Airport Authority, Series 2021</title>
        <cusip>871740AE6</cusip>
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          <isin value="US871740AE60"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001928.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp., Series 2015</title>
        <cusip>87638RFM4</cusip>
        <identifiers>
          <isin value="US87638RFM43"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10005.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp., Series 2015</title>
        <cusip>87638RFN2</cusip>
        <identifiers>
          <isin value="US87638RFN26"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160065.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp., Series 2015</title>
        <cusip>87638RFS1</cusip>
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          <isin value="US87638RFS13"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1080652.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tempe Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>87972MBR2</cusip>
        <identifiers>
          <isin value="US87972MBR25"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>240123.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terra Lago Community Development District</name>
        <lei>N/A</lei>
        <title>Terra Lago Community Development District, Series 2025</title>
        <cusip>88104DAA9</cusip>
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          <isin value="US88104DAA90"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>657961.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terreno Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US88145KAD81"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380596.28000000</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>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>Tom Green County Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>Tom Green County Cultural Education Facilities Finance Corp., Series 2013 A</title>
        <cusip>889691AC5</cusip>
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          <isin value="US889691AC55"/>
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        <balance>5640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5641923.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Trophy Club TX Public Improvement District No. 1</name>
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          <isin value="US89706PAX24"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tuckers Pointe Community Development District</name>
        <lei>N/A</lei>
        <title>Tuckers Pointe Community Development District, Series 2022</title>
        <cusip>898691AE0</cusip>
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          <isin value="US898691AE05"/>
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        <balance>4500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Tulsa Authority for Economic Opportunity</name>
        <lei>N/A</lei>
        <title>Tulsa Authority for Economic Opportunity, Series 2021</title>
        <cusip>899650AB1</cusip>
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          <isin value="US899650AB13"/>
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        <balance>2325000.00000000</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>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Tulsa Municipal Airport Trust</name>
        <lei>N/A</lei>
        <title>Tulsa Municipal Airport Trust, Series 2001 B</title>
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          <isin value="US899661EK49"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>County of Tunica MS</name>
        <lei>N/A</lei>
        <title>County of Tunica, Series 2019</title>
        <cusip>899759AA2</cusip>
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          <isin value="US899759AA22"/>
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        <balance>7020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7215781.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Utah Charter School Finance Authority</name>
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      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
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          <isin value="US91754TS533"/>
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        <name>Utah Charter School Finance Authority</name>
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          <isin value="US91754TUV33"/>
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      <invstOrSec>
        <name>City of Valparaiso IN</name>
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          <isin value="US92031PAB04"/>
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        <valUSD>4052468.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Verandah East Community Development District</name>
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          <isin value="US92337YAA47"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Villages of Westport Community Development District</name>
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          <isin value="US927139AA30"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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        <name>Virgin Islands Hotel Development Financing Corp.</name>
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          <isin value="US92766AAD00"/>
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        <invCountry>VI</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Virgin Islands Hotel Development Financing Corp.</name>
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          <isin value="US92766AAJ79"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Virgin Islands Public Finance Authority</name>
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        <name>Virgin Islands Public Finance Authority</name>
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        <title>Virgin Islands Public Finance Authority, Series 2024 A</title>
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        <name>Virginia College Building Authority</name>
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        <name>Wagoner County Development Authority/OK</name>
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          <isin value="US93054CAA18"/>
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        <name>Wagoner County Development Authority/OK</name>
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      <invstOrSec>
        <name>Wagoner County Development Authority/OK</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US97712JJF12"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712JSD62"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wood Ranch Public Infrastructure District</name>
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          <maturityDt>2053-12-01</maturityDt>
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        <name>Woodland Crossing Community Development District</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Wyandotte County-Kansas City Unified Government</name>
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          <isin value="US98267VDC46"/>
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      <invstOrSec>
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        <name>Yamhill County Hospital Authority</name>
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        <name>Yarborough Lane Community Development District</name>
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          <isin value="US984853AA92"/>
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        <name>Atlanta Development Authority (The)</name>
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    <signature>
      <ncom:dateSigned>2026-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>First Eagle Funds</ncom:nameOfApplicant>
      <ncom:signature>Shuang Wu</ncom:signature>
      <ncom:signerName>Shuang Wu</ncom:signerName>
      <ncom:title> Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
