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        <name>Iowa Finance Authority</name>
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        <name>Burbank Unified School District</name>
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        <name>Will County Community Unit School District No 365-U Valley View</name>
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          <maturityDt>2036-02-15</maturityDt>
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          <annualizedRt>3.20000000</annualizedRt>
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        <name>United Independent School District/TX</name>
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          <maturityDt>2037-02-15</maturityDt>
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        <name>Marquette Board of Light &amp; Power</name>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>Belding Area Schools</name>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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          <isin value="US64579F8H90"/>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>City of Romulus MI</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>County of Cattaraugus NY</name>
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        <name>Main Street Natural Gas Inc</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vermont Municipal Bond Bank</name>
        <lei>54930081EMY8D1GYM846</lei>
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          <isin value="US924214V300"/>
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        <curCd>USD</curCd>
        <valUSD>61572.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon State Facilities Authority</name>
        <lei>N/A</lei>
        <title>OREGON ST FACS AUTH REVENUE</title>
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          <isin value="US68608JWC16"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>702226.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>Multnomah County School District No 40</name>
        <lei>N/A</lei>
        <title>MULTNOMAH CNTY OR SCH DIST #40</title>
        <cusip>625693HZ2</cusip>
        <identifiers>
          <isin value="US625693HZ24"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499760.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hamburg Municipal Authority of Berks County</name>
        <lei>N/A</lei>
        <title>HAMBURG PA MUNI AUTH</title>
        <cusip>406666FK8</cusip>
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          <isin value="US406666FK88"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245897.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>NEW YORK NY CITY TRANSITIONAL FIN AUTH REV</title>
        <cusip>64972JAP3</cusip>
        <identifiers>
          <isin value="US64972JAP30"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5241350.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Forney Independent School District</name>
        <lei>N/A</lei>
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        <cusip>346425JF9</cusip>
        <identifiers>
          <isin value="US346425JF99"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>137687.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>Cypress-Fairbanks Independent School District</name>
        <lei>N/A</lei>
        <title>CYPRESS-FAIRBANKS TX INDEP SCH DIST</title>
        <cusip>232769LG2</cusip>
        <identifiers>
          <isin value="US232769LG25"/>
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        <balance>2235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2400702.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE</title>
        <cusip>64971WS27</cusip>
        <identifiers>
          <isin value="US64971WS274"/>
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        <balance>1995000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1850182.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE</title>
        <cusip>45203HR87</cusip>
        <identifiers>
          <isin value="US45203HR873"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Vermont Educational &amp; Health Buildings Financing Agency</name>
        <lei>549300ZC1ZW1EUIIV708</lei>
        <title>VERMONT ST EDUCTNL &amp; HLTH BLDGS FING AGY REVENUE</title>
        <cusip>924166HF1</cusip>
        <identifiers>
          <isin value="US924166HF15"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>324345.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE</title>
        <cusip>939783Q58</cusip>
        <identifiers>
          <isin value="US939783Q588"/>
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        <balance>1580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1544560.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Loudoun VA</name>
        <lei>N/A</lei>
        <title>LOUDOUN CNTY VA</title>
        <cusip>54589TGZ9</cusip>
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          <isin value="US54589TGZ93"/>
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        <balance>910000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Harrisburg School District No 41-2</name>
        <lei>N/A</lei>
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          <isin value="US414834VL21"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US377856JS97"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Nevada</name>
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      <invstOrSec>
        <name>City of Garland TX Electric Utility System Revenue</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK</title>
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          <isin value="US45528UT278"/>
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        <balance>10855000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10425467.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tahoe-Truckee Unified School District</name>
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        <curCd>USD</curCd>
        <valUSD>185808.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Racine WI</name>
        <lei>N/A</lei>
        <title>RACINE CNTY WI</title>
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        <curCd>USD</curCd>
        <valUSD>417556.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Newport News VA</name>
        <lei>N/A</lei>
        <title>NEWPORT NEWS VA</title>
        <cusip>652233NP8</cusip>
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          <isin value="US652233NP86"/>
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        <balance>2340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1861750.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>20282EAK2</cusip>
        <identifiers>
          <isin value="US20282EAK29"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3085800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Housing &amp; Community Development Authority</name>
        <lei>549300QRKDYVNHT1OE86</lei>
        <title>INDIANA ST HSG &amp; CMNTY DEV AUTH SF MTGE REVENUE</title>
        <cusip>45505TYA3</cusip>
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          <isin value="US45505TYA32"/>
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        <balance>3035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2810288.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Philadelphia Energy Authority/The</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA ENERGY AUTH</title>
        <cusip>71780UAR1</cusip>
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          <isin value="US71780UAR14"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>747907.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vineyard Redevelopment Agency</name>
        <lei>N/A</lei>
        <title>VINEYARD REDEV AGY UT TAX INCR REVENUE</title>
        <cusip>92743FBY0</cusip>
        <identifiers>
          <isin value="US92743FBY07"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128660.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Housing Development Authority</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>ILLINOIS ST HSG DEV AUTH REVENUE</title>
        <cusip>45203MSE2</cusip>
        <identifiers>
          <isin value="US45203MSE20"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3707970.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Worthington City School District</name>
        <lei>N/A</lei>
        <title>WORTHINGTON OH CITY SCH DIST</title>
        <cusip>982038TC5</cusip>
        <identifiers>
          <isin value="US982038TC59"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clermont County Port Authority</name>
        <lei>N/A</lei>
        <title>CLERMONT CNTY OH PORT AUTH LEASE REVENUE</title>
        <cusip>18571QAL7</cusip>
        <identifiers>
          <isin value="US18571QAL77"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101891.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
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        <balance>10000.00000000</balance>
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        <valUSD>9748.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Newport Mesa Unified School District</name>
        <lei>N/A</lei>
        <title>NEWPORT MESA CA UNIF SCH DIST</title>
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          <isin value="US652113WM91"/>
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        <balance>3435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2057255.85000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GA</title>
        <cusip>62620HGZ9</cusip>
        <identifiers>
          <isin value="US62620HGZ91"/>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>492825.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Brownsville TX Utilities System Revenue</name>
        <lei>549300ZLUVMJ8K0OEK50</lei>
        <title>BROWNSVILLE TX UTILITY SYS REVENUE</title>
        <cusip>116475S62</cusip>
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          <isin value="US116475S624"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1016670.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Round Rock TX</name>
        <lei>549300VJM2Z2IGVYF523</lei>
        <title>ROUND ROCK TX</title>
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          <isin value="US779223FQ47"/>
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        <balance>725000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Miami-Dade FL</name>
        <lei>549300QG0NBD9HULR263</lei>
        <title>MIAMI-DADE CNTY FL SPL OBLIG</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Clark NV</name>
        <lei>N/A</lei>
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        <cusip>180848YY3</cusip>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-12-01</maturityDt>
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      <invstOrSec>
        <name>Cedar Port Navigation &amp; Improvement District</name>
        <lei>N/A</lei>
        <title>CHAMBERS CNTY TX IMPT DIST #1</title>
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          <isin value="US157792QQ85"/>
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        <balance>1100000.00000000</balance>
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        <name>GRAND FORKS CNTY N D</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE</title>
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          <isin value="US64971XXR42"/>
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        <curCd>USD</curCd>
        <valUSD>283398.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE</title>
        <cusip>167593SP8</cusip>
        <identifiers>
          <isin value="US167593SP84"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149967.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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        <cusip>13068XBM0</cusip>
        <identifiers>
          <isin value="US13068XBM02"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>301538.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mill Valley School District/CA</name>
        <lei>N/A</lei>
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        <cusip>600038LV3</cusip>
        <identifiers>
          <isin value="US600038LV37"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1322220.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
        <lei>N/A</lei>
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        <cusip>762494SF0</cusip>
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          <isin value="US762494SF01"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270040.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Monrovia Unified School District/CA</name>
        <lei>N/A</lei>
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          <isin value="US611594JX16"/>
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        <balance>3550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2216229.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Miami-Dade FL</name>
        <lei>549300QG0NBD9HULR263</lei>
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          <isin value="US59333NA941"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>916667.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lee County School Board/The</name>
        <lei>54930014H67DITNA1Q29</lei>
        <title>LEE CNTY FL SCH BRD COPS</title>
        <cusip>523494PT3</cusip>
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          <isin value="US523494PT38"/>
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        <balance>1495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1519697.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Bexar TX</name>
        <lei>N/A</lei>
        <title>BEXAR CNTY TX</title>
        <cusip>088281VW7</cusip>
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          <isin value="US088281VW77"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5519340.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chaffey Joint Union High School District</name>
        <lei>N/A</lei>
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          <isin value="US157411VN66"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>460887.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bethel Park School District</name>
        <lei>N/A</lei>
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          <isin value="US087059MY45"/>
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        <curCd>USD</curCd>
        <valUSD>622453.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cedar Port Navigation &amp; Improvement District</name>
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          <isin value="US157792QS42"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cobb County Kennestone Hospital Authority</name>
        <lei>549300TB04LETJYNFR44</lei>
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          <isin value="US190813RU19"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Pasadena TX</name>
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          <isin value="US7023167T17"/>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Portland ME General Airport Revenue</name>
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          <isin value="US736564EE15"/>
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      <invstOrSec>
        <name>University of Kansas Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US914367CY15"/>
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        <balance>1555000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE</title>
        <cusip>13013JBJ4</cusip>
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          <isin value="US13013JBJ43"/>
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        <balance>5300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>64579F8C0</cusip>
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          <isin value="US64579F8C04"/>
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        <balance>700000.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Contra Costa Community College District</name>
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      <invstOrSec>
        <name>County of Knox TN</name>
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          <maturityDt>2034-06-01</maturityDt>
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      <invstOrSec>
        <name>Allegheny County Higher Education Building Authority</name>
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      <invstOrSec>
        <name>City of Memphis TN Sanitary Sewerage System Revenue</name>
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          <maturityDt>2032-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX</name>
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        <curCd>USD</curCd>
        <valUSD>1596980.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chaffey Joint Union High School District</name>
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          <isin value="US157411RY77"/>
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        <valUSD>570640.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Channelview Independent School District</name>
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        <valUSD>385660.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-08-15</maturityDt>
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          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>United Independent School District/TX</name>
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          <maturityDt>2033-02-15</maturityDt>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
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        <name>Wayne County Airport Authority</name>
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      <invstOrSec>
        <name>Southside Independent School District</name>
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        <name>Cedar Port Navigation &amp; Improvement District</name>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
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      <invstOrSec>
        <name>County of Travis TX</name>
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        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Wichita Falls Independent School District</name>
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      <invstOrSec>
        <name>Medina Valley Independent School District</name>
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        <name>Milpitas Unified School District/CA</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Town of Lexington MA</name>
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        <name>City of Santa Maria CA Water &amp; Wastewater Revenue</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>Mill Valley School District/CA</name>
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        <name>Glen Rose Independent School District</name>
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        <name>Virginia Resources Authority</name>
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        <name>State of California</name>
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        <name>County of Knox TN</name>
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        <name>Public Finance Authority</name>
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        <name>State of Washington</name>
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        <name>New Orleans Aviation Board</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Coconino County Unified School District No 1-Flagstaff/AZ</name>
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          <isin value="US191810JB70"/>
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          <maturityDt>2034-07-01</maturityDt>
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      <invstOrSec>
        <name>City of McKinney TX</name>
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        <curCd>USD</curCd>
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          <maturityDt>2035-08-15</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>Monrovia Unified School District/CA</name>
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          <maturityDt>2036-08-01</maturityDt>
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      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Brookline MA</name>
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          <isin value="US1137454G59"/>
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        <balance>1770000.00000000</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>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>Yosemite Community College District</name>
        <lei>N/A</lei>
        <title>YOSEMITE CA CMNTY CLG DIST</title>
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          <isin value="US987388DP73"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85441.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pasadena Independent School District</name>
        <lei>549300QY114RR4MXVU24</lei>
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          <isin value="US702334GA59"/>
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        <curCd>USD</curCd>
        <valUSD>3275844.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Philadelphia Energy Authority/The</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Crowley Independent School District</name>
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          <maturityDt>2029-02-01</maturityDt>
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      <invstOrSec>
        <name>Downtown Smyrna Development Authority</name>
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          <isin value="US261174FN14"/>
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          <maturityDt>2035-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Ohio State University/The</name>
        <lei>JFC10ZULKO4X2E3HBY86</lei>
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          <maturityDt>2038-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>El Paso Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US283770JY27"/>
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          <maturityDt>2034-08-15</maturityDt>
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      <invstOrSec>
        <name>City of Vestavia Hills AL</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New Hampshire Health and Education Facilities Authority Act</name>
        <lei>549300CNCK7OT82W5653</lei>
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        <name>City of Irving TX</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-09-15</maturityDt>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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          <isin value="US62620HHF29"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI LEASE DEV REVENUE</title>
        <cusip>74444YAM6</cusip>
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          <isin value="US74444YAM66"/>
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        <curCd>USD</curCd>
        <valUSD>507755.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Tukwila WA</name>
        <lei>N/A</lei>
        <title>TUKWILA WA</title>
        <cusip>899052MA9</cusip>
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          <isin value="US899052MA97"/>
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        <curCd>USD</curCd>
        <valUSD>486085.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grosse Pointe Public School System</name>
        <lei>N/A</lei>
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        <cusip>399100LQ7</cusip>
        <identifiers>
          <isin value="US399100LQ77"/>
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        <balance>1580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1266654.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vermont Educational &amp; Health Buildings Financing Agency</name>
        <lei>549300ZC1ZW1EUIIV708</lei>
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        <cusip>924166HC8</cusip>
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          <isin value="US924166HC83"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288591.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>CELINA TX</title>
        <cusip>151141XP8</cusip>
        <identifiers>
          <isin value="US151141XP88"/>
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        <balance>3280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2253360.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas Inc</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE</title>
        <cusip>56035DGB2</cusip>
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          <isin value="US56035DGB29"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1489530.00000000</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>2053-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Umatilla County School District No 16R Pendleton</name>
        <lei>N/A</lei>
        <title>UMATILLA CNTY OR SCH DIST #16 R PENDLETON</title>
        <cusip>904139CN0</cusip>
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          <isin value="US904139CN08"/>
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        <balance>890000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>754061.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
        <title>LOUISVILLE &amp; JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE</title>
        <cusip>54659LBN3</cusip>
        <identifiers>
          <isin value="US54659LBN38"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2013020.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153DJ53"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2062300.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mildred Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US599198FT05"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>356031.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Poway Unified School District</name>
        <lei>N/A</lei>
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        <valUSD>592780.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Richmond VA</name>
        <lei>N/A</lei>
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          <isin value="US76541VVT15"/>
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        <balance>8055000.00000000</balance>
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        <valUSD>5919458.40000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-07-15</maturityDt>
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          <annualizedRt>2.65000000</annualizedRt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <cusip>97712DXE1</cusip>
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          <isin value="US97712DXE11"/>
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        <balance>400000.00000000</balance>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Somerville MA</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-10-15</maturityDt>
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          <annualizedRt>1.75000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE</title>
        <cusip>414009SA9</cusip>
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        <balance>10000000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-10-01</maturityDt>
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      <invstOrSec>
        <name>County of Fairfax VA</name>
        <lei>N/A</lei>
        <title>FAIRFAX CNTY VA</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2036-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Frenship Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US357866B842"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Maine Municipal Bond Bank</name>
        <lei>N/A</lei>
        <title>MAINE ST MUNI BOND BANK</title>
        <cusip>56045R4B2</cusip>
        <identifiers>
          <isin value="US56045R4B22"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>928090.00000000</valUSD>
        <pctVal>0.144134246732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp</name>
        <lei>N/A</lei>
        <title>BUFFALO &amp; ERIE CNTY NY INDL LAND DEV CORP REVENUE</title>
        <cusip>11943KCN0</cusip>
        <identifiers>
          <isin value="US11943KCN00"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50075.50000000</valUSD>
        <pctVal>0.007776826032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Coconino County Unified School District No 1-Flagstaff/AZ</name>
        <lei>N/A</lei>
        <title>COCONINO CNTY AZ UNIF SCH DIST #1 FLAGSTAFF</title>
        <cusip>191810HZ6</cusip>
        <identifiers>
          <isin value="US191810HZ66"/>
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        <balance>1745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1267655.25000000</valUSD>
        <pctVal>0.196869414146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLLWAY AUTH REVENUE</title>
        <cusip>66285WJ49</cusip>
        <identifiers>
          <isin value="US66285WJ490"/>
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        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1411182.00000000</valUSD>
        <pctVal>0.219159407571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Auburn School District No 408 of King &amp; Pierce Counties</name>
        <lei>N/A</lei>
        <title>KING &amp; PIERCE CNTY WA SCH DIST #408 AUBURN</title>
        <cusip>494619DY2</cusip>
        <identifiers>
          <isin value="US494619DY21"/>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>729391.25000000</valUSD>
        <pctVal>0.113275930558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Colorado Department of Transportation</name>
        <lei>N/A</lei>
        <title>COLORADO ST DEPT OF TRANSPRTN HEADQUARTERS FACS LEASE PURCHA</title>
        <cusip>19645TAM9</cusip>
        <identifiers>
          <isin value="US19645TAM99"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>357399.00000000</valUSD>
        <pctVal>0.055504784717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST</title>
        <cusip>57582RSF4</cusip>
        <identifiers>
          <isin value="US57582RSF46"/>
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        <balance>5050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4934759.00000000</valUSD>
        <pctVal>0.766378014279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Portland OR Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>PORTLAND OR SWR SYS REVENUE</title>
        <cusip>736742C62</cusip>
        <identifiers>
          <isin value="US736742C621"/>
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        <balance>710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>564549.40000000</valUSD>
        <pctVal>0.087675659162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Hampshire Municipal Bond Bank</name>
        <lei>N/A</lei>
        <title>NEW HAMPSHIRE ST MUNI BOND BANK</title>
        <cusip>64465QGB6</cusip>
        <identifiers>
          <isin value="US64465QGB68"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1684320.00000000</valUSD>
        <pctVal>0.261578289235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>CELINA TX</title>
        <cusip>151141XM5</cusip>
        <identifiers>
          <isin value="US151141XM57"/>
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        <balance>3170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2301293.20000000</valUSD>
        <pctVal>0.357395470151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pearland Independent School District</name>
        <lei>549300UU8ZB6DL6OXQ09</lei>
        <title>PEARLAND TX INDEP SCH DIST</title>
        <cusip>704880AC7</cusip>
        <identifiers>
          <isin value="US704880AC73"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>239722.50000000</valUSD>
        <pctVal>0.037229387195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT</title>
        <cusip>64990GTH5</cusip>
        <identifiers>
          <isin value="US64990GTH55"/>
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        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>407707.15000000</valUSD>
        <pctVal>0.063317741762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE</title>
        <cusip>64579F8D8</cusip>
        <identifiers>
          <isin value="US64579F8D86"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614880.00000000</valUSD>
        <pctVal>0.095492102739</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
        <title>LOS ANGELES CA CMNTY CLG DIST</title>
        <cusip>54438CXW7</cusip>
        <identifiers>
          <isin value="US54438CXW71"/>
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        <balance>1690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1695931.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Colorado Department of Transportation</name>
        <lei>N/A</lei>
        <title>COLORADO ST DEPT OF TRANSPRTN HEADQUARTERS FACS LEASE PURCHA</title>
        <cusip>19645TAN7</cusip>
        <identifiers>
          <isin value="US19645TAN72"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>315781.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Housing and Finance Authority</name>
        <lei>5493005GIROYQAWBMC18</lei>
        <title>COLORADO ST HSG &amp; FIN AUTH SF MTGE REVENUE</title>
        <cusip>19648GAV4</cusip>
        <identifiers>
          <isin value="US19648GAV41"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5131200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Independent School District/TX</name>
        <lei>N/A</lei>
        <title>UNITED TX INDEP SCH DIST</title>
        <cusip>9106782F7</cusip>
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          <isin value="US9106782F76"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>545107.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
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          <isin value="US19648A5X93"/>
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        <valUSD>151953.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mill Valley School District/CA</name>
        <lei>N/A</lei>
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          <isin value="US600038LW10"/>
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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>2033-08-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Philadelphia Energy Authority/The</name>
        <lei>N/A</lei>
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          <isin value="US71780UAL44"/>
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        <curCd>USD</curCd>
        <valUSD>868232.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Comal TX</name>
        <lei>N/A</lei>
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          <isin value="US199795PV13"/>
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        <curCd>USD</curCd>
        <valUSD>5503219.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Romeo Community School District</name>
        <lei>N/A</lei>
        <title>ROMEO MI CMNTY SCH DIST</title>
        <cusip>776134NN4</cusip>
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          <isin value="US776134NN44"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>716751.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Housing Development Corp</name>
        <lei>549300SQWVHKBRF8D702</lei>
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        <cusip>64972CT29</cusip>
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          <isin value="US64972CT298"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55441.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Charles County Francis Howell R-III School District</name>
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        <title>SAINT CHARLES CNTY MO FRANCIS HOWELL R-III SCH DIST</title>
        <cusip>7876425L7</cusip>
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          <isin value="US7876425L71"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5589870.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Urban Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV CORP REVENUE</title>
        <cusip>650036CZ7</cusip>
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          <isin value="US650036CZ72"/>
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        <balance>2885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2778110.75000000</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>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST SPL TAX OBLIG REVENUE</title>
        <cusip>207758Q22</cusip>
        <identifiers>
          <isin value="US207758Q221"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3146670.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power Inc</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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        <cusip>02765UQR8</cusip>
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          <isin value="US02765UQR85"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>925440.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa City Community School District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>West Lafayette School Building Corp</name>
        <lei>N/A</lei>
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        <cusip>95370PBH8</cusip>
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          <isin value="US95370PBH82"/>
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        <balance>2800000.00000000</balance>
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          <maturityDt>2035-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US64613CCC01"/>
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        <valUSD>5439367.50000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Chaffey Joint Union High School District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT</title>
        <cusip>65000BQY7</cusip>
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          <isin value="US65000BQY73"/>
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        <balance>800000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>College Station Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US194475UA50"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>United Independent School District/TX</name>
        <lei>N/A</lei>
        <title>UNITED TX INDEP SCH DIST</title>
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          <isin value="US9106782D29"/>
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        <balance>535000.00000000</balance>
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        <valUSD>521742.70000000</valUSD>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Cleveland Independent School District</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Krum Independent School District</name>
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          <isin value="US501098RV12"/>
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        <curCd>USD</curCd>
        <valUSD>691164.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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        <cusip>167593XN7</cusip>
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          <isin value="US167593XN71"/>
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        <curCd>USD</curCd>
        <valUSD>2627175.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Montgomery County Municipal Utility District No 46</name>
        <lei>N/A</lei>
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          <isin value="US613910TY40"/>
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        <curCd>USD</curCd>
        <valUSD>1241995.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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        <cusip>544495DM3</cusip>
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          <isin value="US544495DM34"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
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        <cusip>373385AQ6</cusip>
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          <isin value="US373385AQ63"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1034780.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Conroe TX</name>
        <lei>N/A</lei>
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          <isin value="US208400AS03"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1670044.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Center-Grimes Community School District</name>
        <lei>N/A</lei>
        <title>DALLAS CENTER IA GRIMES CMNTY SCH DIST</title>
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          <isin value="US234554JD68"/>
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        <balance>910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>736353.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Worthington City School District</name>
        <lei>N/A</lei>
        <title>WORTHINGTON OH CITY SCH DIST</title>
        <cusip>982038TB7</cusip>
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          <isin value="US982038TB76"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97958.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Orleans Aviation Board</name>
        <lei>N/A</lei>
        <title>NEW ORLEANS LA AVIATION BRD</title>
        <cusip>64763HGA7</cusip>
        <identifiers>
          <isin value="US64763HGA77"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>153927.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Racine WI</name>
        <lei>N/A</lei>
        <title>RACINE CNTY WI</title>
        <cusip>749845B36</cusip>
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          <isin value="US749845B363"/>
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        <balance>860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>422741.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>County of Wake NC</name>
        <lei>5493007XQJHO082P1H29</lei>
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        <cusip>930864EA7</cusip>
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          <isin value="US930864EA72"/>
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        <balance>1880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1539268.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amarillo Independent School District</name>
        <lei>N/A</lei>
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        <cusip>023051WH4</cusip>
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          <isin value="US023051WH47"/>
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        <balance>2725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2532642.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New Braunfels TX Utility System Revenue</name>
        <lei>N/A</lei>
        <title>NEW BRAUNFELS TX UTILITY REVENUE</title>
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          <isin value="US642577VL10"/>
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        <balance>770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>753968.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Housing Development Corp</name>
        <lei>549300SQWVHKBRF8D702</lei>
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        <cusip>64972CT60</cusip>
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          <isin value="US64972CT603"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18109.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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      <invstOrSec>
        <name>Highlands County School Board</name>
        <lei>N/A</lei>
        <title>HIGHLANDS CNTY FL SCH BRD</title>
        <cusip>43102DDY1</cusip>
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          <isin value="US43102DDY13"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177306.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clarke County Hospital Authority</name>
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          <isin value="US181685JD14"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>339991.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
        <title>BALTIMORE CNTY MD REVENUE</title>
        <cusip>059151CZ1</cusip>
        <identifiers>
          <isin value="US059151CZ18"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>326795.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
        <lei>N/A</lei>
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        <name>New York State Housing Finance Agency</name>
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        <name>City of Irving TX</name>
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          <maturityDt>2036-09-15</maturityDt>
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      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
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          <isin value="US795576HW04"/>
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        <valUSD>616848.00000000</valUSD>
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          <maturityDt>2033-07-01</maturityDt>
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      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp</name>
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          <isin value="US11943KCQ31"/>
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          <maturityDt>2030-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Umatilla County School District No 6R Umatilla</name>
        <lei>N/A</lei>
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          <isin value="US904115FF45"/>
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        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Grant &amp; Douglas Counties School District No 144-101 Quincy</name>
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        <name>Louisville and Jefferson County Metropolitan Sewer District</name>
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        <name>New Brunswick Parking Authority</name>
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        <name>Pasadena Independent School District</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>City of Rapid City SD Water Revenue</name>
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        <name>Minnesota Housing Finance Agency</name>
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        <name>Multnomah-Clackamas Counties Centennial School District No 28JT/OR</name>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
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      <invstOrSec>
        <name>City of Santa Maria CA Water &amp; Wastewater Revenue</name>
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      <invstOrSec>
        <name>Pennsylvania Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-10-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
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      <invstOrSec>
        <name>County of Hennepin MN</name>
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        <name>City of Knoxville TN</name>
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          <maturityDt>2039-05-01</maturityDt>
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        <name>County of Orange NC</name>
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        <name>City of Sugar Land TX</name>
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          <maturityDt>2036-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <name>Colonial School District</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>King County School District No 414 Lake Washington</name>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>Louisiana Public Facilities Authority</name>
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      </invstOrSec>
      <invstOrSec>
        <name>University of Mississippi Educational Building Corp</name>
        <lei>N/A</lei>
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        <cusip>914476VZ6</cusip>
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          <isin value="US914476VZ68"/>
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        <curCd>USD</curCd>
        <valUSD>1405126.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Main Street Natural Gas Inc</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <cusip>56035DFC1</cusip>
        <identifiers>
          <isin value="US56035DFC11"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2484900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Marathon WI</name>
        <lei>N/A</lei>
        <title>MARATHON CNTY WI</title>
        <cusip>565777PT0</cusip>
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          <isin value="US565777PT03"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1075018.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Glynn-Brunswick Memorial Hospital Authority</name>
        <lei>N/A</lei>
        <title>GLYNN-BRUNSWICK GA MEMORIAL HOSP AUTH</title>
        <cusip>380037GY1</cusip>
        <identifiers>
          <isin value="US380037GY15"/>
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        <balance>950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>859892.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <cusip>62620HHD7</cusip>
        <identifiers>
          <isin value="US62620HHD70"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>520035.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Rapids School District</name>
        <lei>N/A</lei>
        <title>WISCONSIN RAPIDS WI SCH DIST</title>
        <cusip>976891GZ8</cusip>
        <identifiers>
          <isin value="US976891GZ89"/>
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        <balance>1030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>761417.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Health and Education Facilities Authority Act</name>
        <lei>549300CNCK7OT82W5653</lei>
        <title>NEW HAMPSHIRE ST HLTH &amp; EDU FACS AUTH REVENUE</title>
        <cusip>64461XFG5</cusip>
        <identifiers>
          <isin value="US64461XFG51"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>510940.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Falls City Independent School District</name>
        <lei>N/A</lei>
        <title>FALLS CITY TX INDEP SCH DIST</title>
        <cusip>306573DR4</cusip>
        <identifiers>
          <isin value="US306573DR46"/>
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        <balance>430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>430640.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lane County School District No 40 Creswell</name>
        <lei>N/A</lei>
        <title>LANE CNTY OR SCH DIST #40 CRESWELL</title>
        <cusip>515354ER5</cusip>
        <identifiers>
          <isin value="US515354ER53"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>470920.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Minneapolis MN</name>
        <lei>54930069TEI1INHRHS55</lei>
        <title>MINNEAPOLIS MN HLTH CARE SYS REVENUE</title>
        <cusip>60374VER0</cusip>
        <identifiers>
          <isin value="US60374VER06"/>
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        <balance>1990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1828491.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Colorado Springs CO Utilities System Revenue</name>
        <lei>N/A</lei>
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        <cusip>196632GW7</cusip>
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          <isin value="US196632GW73"/>
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        <balance>3200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3200000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.09000000</annualizedRt>
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      <invstOrSec>
        <name>City of College Station TX</name>
        <lei>N/A</lei>
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          <isin value="US194469HJ49"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-02-15</maturityDt>
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          <annualizedRt>3.35000000</annualizedRt>
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      <invstOrSec>
        <name>Malakoff Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US561059KE52"/>
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      <invstOrSec>
        <name>City of Kansas City MO</name>
        <lei>549300EGAE3I3XU7XE19</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-02-01</maturityDt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59261AL963"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Harrisburg School District No 41-2</name>
        <lei>N/A</lei>
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        <cusip>414834VK4</cusip>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-08-01</maturityDt>
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      <invstOrSec>
        <name>Del Valle Independent School District TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>OHIO ST HGR EDUCTNL FAC COMMISSION</title>
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      <invstOrSec>
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          <maturityDt>2035-02-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>County of Orange NC</name>
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        <valUSD>2926123.75000000</valUSD>
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          <maturityDt>2037-08-01</maturityDt>
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          <annualizedRt>3.30000000</annualizedRt>
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        <name>Township of Upper St Clair PA</name>
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          <isin value="US916456JB38"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>787176.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Hamburg Municipal Authority of Berks County</name>
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        <valUSD>21771.00000000</valUSD>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>General Authority of Southcentral Pennsylvania</name>
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          <isin value="US84129NKK45"/>
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        <valUSD>148203.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Multnomah County School District No 40</name>
        <lei>N/A</lei>
        <title>MULTNOMAH CNTY OR SCH DIST #40</title>
        <cusip>625693HT6</cusip>
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        <balance>525000.00000000</balance>
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        <valUSD>371385.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Chandler AZ</name>
        <lei>N/A</lei>
        <title>CHANDLER AZ</title>
        <cusip>158843XR8</cusip>
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          <isin value="US158843XR82"/>
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        <balance>1925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1657771.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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        <name>Metropolitan Utilities District of Omaha Water System Revenue</name>
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          <isin value="US592642EH15"/>
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        <balance>1720000.00000000</balance>
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        <valUSD>1536476.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063DMR6</cusip>
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          <isin value="US13063DMR60"/>
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        <balance>1985000.00000000</balance>
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          <maturityDt>2032-12-01</maturityDt>
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          <annualizedRt>2.85000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
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          <maturityDt>2031-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Homewood AL</name>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Adams &amp; Weld Counties School District No 27J Brighton/CO</name>
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        <name>County of Guilford NC</name>
        <lei>549300OUKUGQGH8RCL96</lei>
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        <name>East Hempfield Township Industrial Development Authority</name>
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          <maturityDt>2031-12-01</maturityDt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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      <invstOrSec>
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          <isin value="US62620HHE53"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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      <invstOrSec>
        <name>Fort Bend County Municipal Utility District No 58</name>
        <lei>N/A</lei>
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          <isin value="US346806RV64"/>
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        <curCd>USD</curCd>
        <valUSD>9600.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Burlington VT</name>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74911.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West St Paul-Mendota Heights-Eagan Independent School District No 197</name>
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        <cusip>955686TD2</cusip>
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          <isin value="US955686TD26"/>
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        <curCd>USD</curCd>
        <valUSD>6880685.55000000</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>2036-02-01</maturityDt>
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          <annualizedRt>3.55000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US574218UY73"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>880363.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mill Valley School District/CA</name>
        <lei>N/A</lei>
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        <cusip>600038LU5</cusip>
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          <isin value="US600038LU53"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>578345.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
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          <isin value="US92778VEG95"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>990030.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
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          <isin value="US20772KHX00"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2962710.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Beverly Hills Unified School District CA</name>
        <lei>N/A</lei>
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          <isin value="US088023PA82"/>
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        <curCd>USD</curCd>
        <valUSD>748301.40000000</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>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Hempstead NY</name>
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          <maturityDt>2034-06-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
        <lei>N/A</lei>
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        <valUSD>378090.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>GRAND FORKS CNTY N D</name>
        <lei>N/A</lei>
        <title>GRAND FORKS CNTY N D</title>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IOWA ST FIN AUTH SF MTGE REVENUE</title>
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          <isin value="US462467G626"/>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>1.50000000</annualizedRt>
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        <name>State of Maryland Department of Transportation</name>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Celina Independent School District</name>
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      <invstOrSec>
        <name>Tyler Independent School District</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US207758K364"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1088790.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45203HR956"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
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          <isin value="US67756DC791"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Village of Dobbs Ferry NY</name>
        <lei>N/A</lei>
        <title>DOBBS FERRY NY</title>
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          <isin value="US256039HC51"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>385345.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Village of Dobbs Ferry NY</name>
        <lei>N/A</lei>
        <title>DOBBS FERRY NY</title>
        <cusip>256039HB7</cusip>
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          <isin value="US256039HB78"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>366386.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
        <title>ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE</title>
        <cusip>018444BU2</cusip>
        <identifiers>
          <isin value="US018444BU25"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>723564.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US795576HX86"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>461038.50000000</valUSD>
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        <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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nebo School District</name>
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        <title>NEBO UT SCH DIST</title>
        <cusip>639557VZ7</cusip>
        <identifiers>
          <isin value="US639557VZ71"/>
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        <balance>4515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3448647.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <cusip>62620HAP7</cusip>
        <identifiers>
          <isin value="US62620HAP73"/>
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        <balance>435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>409700.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chisholm Independent School District No 695</name>
        <lei>N/A</lei>
        <title>CHISHOLM MN INDEP SCH DIST #695</title>
        <cusip>170142FU2</cusip>
        <identifiers>
          <isin value="US170142FU25"/>
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        <balance>820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>393083.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>940420.00000000</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>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Mesa AZ Utility System Revenue</name>
        <lei>N/A</lei>
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        <cusip>590545WA3</cusip>
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          <isin value="US590545WA38"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514830.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harlandale Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US412707HK02"/>
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        <balance>845000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990GTJ1</cusip>
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          <isin value="US64990GTJ12"/>
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        <balance>840000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Department of Housing &amp; Community Affairs</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TEXAS ST DEPT OF HSG &amp; CMNTY AFFAIRS RESDL MTG REVENUE</title>
        <cusip>882750VB5</cusip>
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          <isin value="US882750VB54"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5238600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley &amp; Co. LLC</name>
        <lei>549300BI6Y5SI6BYPB26</lei>
        <title>Morgan Stanley Institutional Liquidity Funds - Government Portfolio</title>
        <cusip>61747C707</cusip>
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          <isin value="US61747C7074"/>
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        <balance>368902.52000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fountain Valley Public Financing Authority</name>
        <lei>N/A</lei>
        <title>FOUNTAIN VLY CA PUBLIC FING AUTH LEASE REVENUE</title>
        <cusip>350807AN3</cusip>
        <identifiers>
          <isin value="US350807AN31"/>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>650050.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH SALES TAX REVENUE</title>
        <cusip>64990AEA9</cusip>
        <identifiers>
          <isin value="US64990AEA97"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1812528.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chaffey Joint Union High School District</name>
        <lei>N/A</lei>
        <title>CHAFFEY CA JT UNION HIGH SCH DIST</title>
        <cusip>157411VK2</cusip>
        <identifiers>
          <isin value="US157411VK28"/>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Vermont Educational &amp; Health Buildings Financing Agency</name>
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        <name>Oklahoma State University</name>
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      <invstOrSec>
        <name>Hays Consolidated Independent School District</name>
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      <invstOrSec>
        <name>Kane McHenry Cook &amp; De Kalb Counties Unit School District No 300/IL</name>
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          <isin value="US484080TM85"/>
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        <curCd>USD</curCd>
        <valUSD>2423751.60000000</valUSD>
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      <invstOrSec>
        <name>County of Henrico VA</name>
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        <curCd>USD</curCd>
        <valUSD>4319228.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>New Orleans Aviation Board</name>
        <lei>N/A</lei>
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          <isin value="US64763XAT72"/>
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        <curCd>USD</curCd>
        <valUSD>2307442.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aldine Independent School District</name>
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          <isin value="US014393XK39"/>
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        <curCd>USD</curCd>
        <valUSD>289557.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Antonio Independent School District/TX</name>
        <lei>N/A</lei>
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          <isin value="US796269WU80"/>
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        <curCd>USD</curCd>
        <valUSD>483805.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Romulus MI</name>
        <lei>N/A</lei>
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          <isin value="US776195GF07"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249525.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chaffey Joint Union High School District</name>
        <lei>N/A</lei>
        <title>CHAFFEY CA JT UNION HIGH SCH DIST</title>
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        <identifiers>
          <isin value="US157411VL01"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>332713.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Winston-Salem NC Water &amp; Sewer System Revenue</name>
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        <cusip>975700QZ1</cusip>
        <identifiers>
          <isin value="US975700QZ15"/>
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        <balance>2185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1542894.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Frisco Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US35880CRB27"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>394908.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Virginia Public School Authority</name>
        <lei>N/A</lei>
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          <isin value="US92817TKB16"/>
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          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
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        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of Travis TX</name>
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          <isin value="US89453PF796"/>
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          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>Ysleta Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US98816PCP53"/>
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        <name>County of Westchester NY</name>
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      <invstOrSec>
        <name>City of Longview TX</name>
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      <invstOrSec>
        <name>Lone Star College System</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-02-15</maturityDt>
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      <invstOrSec>
        <name>City of Pasadena TX</name>
        <lei>N/A</lei>
        <title>PASADENA TX</title>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Hamilton IN</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-31</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Marin Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US567820AQ89"/>
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        <curCd>USD</curCd>
        <valUSD>578059.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <cusip>64990G2D3</cusip>
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          <isin value="US64990G2D30"/>
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        <curCd>USD</curCd>
        <valUSD>150268.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Willis Independent School District</name>
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          <isin value="US970667B676"/>
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        <curCd>USD</curCd>
        <valUSD>1467476.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <cusip>60637AKV3</cusip>
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          <isin value="US60637AKV34"/>
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        <curCd>USD</curCd>
        <valUSD>1010190.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan County School District</name>
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          <isin value="US617307DY65"/>
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        <curCd>USD</curCd>
        <valUSD>1161745.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
        <lei>N/A</lei>
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        <cusip>377856JW0</cusip>
        <identifiers>
          <isin value="US377856JW00"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>996925.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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        <cusip>60635HZ36</cusip>
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          <isin value="US60635HZ366"/>
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        <curCd>USD</curCd>
        <valUSD>929050.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tuloso-Midway Independent School District/TX</name>
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        <cusip>899474TT7</cusip>
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          <isin value="US899474TT73"/>
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        <balance>545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>542536.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Minnesota Housing Finance Agency</name>
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        <curCd>USD</curCd>
        <valUSD>415588.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Municipal Power Agency</name>
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        <curCd>USD</curCd>
        <valUSD>1542307.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chisholm Independent School District No 695</name>
        <lei>N/A</lei>
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          <isin value="US170142FT51"/>
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        <balance>615000.00000000</balance>
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        <valUSD>319467.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WJ649"/>
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          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Fort Bend County Municipal Utility District No 58</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-04-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Richardson Independent School District</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Lake Oswego OR</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2033-06-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cook County School District No 25 Arlington Heights</name>
        <lei>N/A</lei>
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        <balance>630000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2032-12-15</maturityDt>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
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      <invstOrSec>
        <name>County of Cape May NJ</name>
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      <invstOrSec>
        <name>County of Union NC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Battery Park City Authority</name>
        <lei>549300RF3SFDOWRHVM56</lei>
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          <isin value="US07133AJC71"/>
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        <curCd>USD</curCd>
        <valUSD>2100000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US018444BR95"/>
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          <maturityDt>2029-05-01</maturityDt>
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      <invstOrSec>
        <name>Duneland School Building Corp</name>
        <lei>N/A</lei>
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          <isin value="US265404FE83"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-15</maturityDt>
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      <invstOrSec>
        <name>Worthington City School District</name>
        <lei>N/A</lei>
        <title>WORTHINGTON OH CITY SCH DIST</title>
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          <isin value="US982038TN15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Ravenswood City School District/CA</name>
        <lei>N/A</lei>
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          <isin value="US754405FN35"/>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Commonwealth Financing Authority</name>
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        <name>Multnomah County School District No 40</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <name>Trust for Cultural Resources of The City of New York/The</name>
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        <name>City of Chandler AZ</name>
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        <name>St Charles School District</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.28000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Multnomah County School District No 40</name>
        <lei>N/A</lei>
        <title>MULTNOMAH CNTY OR SCH DIST #40</title>
        <cusip>625693HY5</cusip>
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          <isin value="US625693HY58"/>
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        <curCd>USD</curCd>
        <valUSD>906701.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Kane Cook &amp; DuPage Counties School District No U-46 Elgin</name>
        <lei>N/A</lei>
        <title>KANE COOK &amp; DU PAGE CNTYS IL SCH DIST #46 ELGIN</title>
        <cusip>483836TQ5</cusip>
        <identifiers>
          <isin value="US483836TQ56"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>999960.00000000</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>2029-01-01</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>
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      <invstOrSec>
        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>MINNESOTA ST HSG FIN AGY</title>
        <cusip>60416ST26</cusip>
        <identifiers>
          <isin value="US60416ST262"/>
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        <balance>1375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1061898.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Greater Greenspoint Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>NORTH HOUSTON DEV CORP TX TAX INCR CONTRACT REV</title>
        <cusip>660027AS2</cusip>
        <identifiers>
          <isin value="US660027AS24"/>
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        <balance>880000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>678356.80000000</valUSD>
        <pctVal>0.105350177659</pctVal>
        <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>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Beverly Hills Unified School District CA</name>
        <lei>N/A</lei>
        <title>BEVERLY HILLS CA UNIF SCH DIST</title>
        <cusip>088023JC1</cusip>
        <identifiers>
          <isin value="US088023JC13"/>
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        <balance>755000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>506197.30000000</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>2033-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>MICHIGAN ST FIN AUTH REVENUE</title>
        <cusip>59447TD67</cusip>
        <identifiers>
          <isin value="US59447TD676"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1250805.00000000</valUSD>
        <pctVal>0.194252536375</pctVal>
        <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>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH &amp; EDUCTNL FACS AUTH REVENUE</title>
        <cusip>97712JBN2</cusip>
        <identifiers>
          <isin value="US97712JBN28"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>401999.00000000</valUSD>
        <pctVal>0.062431254568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Umatilla County School District No 6R Umatilla</name>
        <lei>N/A</lei>
        <title>UMATILLA CNTY OR SCH DIST #6 R UMATILLA</title>
        <cusip>904115FG2</cusip>
        <identifiers>
          <isin value="US904115FG28"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80470.50000000</valUSD>
        <pctVal>0.012497230766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT</title>
        <cusip>65000BQW1</cusip>
        <identifiers>
          <isin value="US65000BQW18"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>522095.00000000</valUSD>
        <pctVal>0.081082405314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>MINNESOTA ST HSG FIN AGY</title>
        <cusip>60416SY20</cusip>
        <identifiers>
          <isin value="US60416SY205"/>
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        <balance>295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>283020.05000000</valUSD>
        <pctVal>0.043953583938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA FIN AUTH IN WSTWTR UTIL REVENUE</title>
        <cusip>45505MKP0</cusip>
        <identifiers>
          <isin value="US45505MKP04"/>
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        <balance>1475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1374537.75000000</valUSD>
        <pctVal>0.213468481722</pctVal>
        <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>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>North Carolina Municipal Power Agency No 1</name>
        <lei>549300N3Q65G1ODRFX75</lei>
        <title>NORTH CAROLINA ST MUNI PWR AGY #1 CATAWBA ELEC REVENUE</title>
        <cusip>6582034M3</cusip>
        <identifiers>
          <isin value="US6582034M37"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508900.00000000</valUSD>
        <pctVal>0.079033195231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Worthington City School District</name>
        <lei>N/A</lei>
        <title>WORTHINGTON OH CITY SCH DIST</title>
        <cusip>982038TP6</cusip>
        <identifiers>
          <isin value="US982038TP62"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198004.00000000</valUSD>
        <pctVal>0.030750420099</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Multnomah County School District No 40</name>
        <lei>N/A</lei>
        <title>MULTNOMAH CNTY OR SCH DIST #40</title>
        <cusip>625693JA5</cusip>
        <identifiers>
          <isin value="US625693JA54"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>348195.00000000</valUSD>
        <pctVal>0.054075384974</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Arlington Independent School District/TX</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX INDEP SCH DIST</title>
        <cusip>041826S82</cusip>
        <identifiers>
          <isin value="US041826S826"/>
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        <balance>2050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1945101.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GA</title>
        <cusip>62620HHC9</cusip>
        <identifiers>
          <isin value="US62620HHC97"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>326656.30000000</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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE</title>
        <cusip>167593RG9</cusip>
        <identifiers>
          <isin value="US167593RG94"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499985.00000000</valUSD>
        <pctVal>0.077648677771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Noblesville Multi School Building Corp</name>
        <lei>N/A</lei>
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        <cusip>655162KK0</cusip>
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          <isin value="US655162KK09"/>
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        <curCd>USD</curCd>
        <valUSD>240770.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Hays TX</name>
        <lei>N/A</lei>
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          <isin value="US421020P772"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1351822.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cumberland County Municipal Authority</name>
        <lei>N/A</lei>
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          <isin value="US230614KY41"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1031636.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>River Falls School District</name>
        <lei>N/A</lei>
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        <cusip>768190JJ0</cusip>
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          <isin value="US768190JJ02"/>
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        <balance>2735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2410437.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tennergy Corp/TN</name>
        <lei>5493008K3JJFBSC4C235</lei>
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        <cusip>880397BW3</cusip>
        <identifiers>
          <isin value="US880397BW31"/>
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        <balance>6150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5800741.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Goodyear AZ</name>
        <lei>N/A</lei>
        <title>GOODYEAR AZ</title>
        <cusip>382505NB7</cusip>
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          <isin value="US382505NB79"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>831891.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE</title>
        <cusip>64971WNA4</cusip>
        <identifiers>
          <isin value="US64971WNA44"/>
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        <balance>1190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1190523.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Glen Rose Independent School District</name>
        <lei>N/A</lei>
        <title>GLEN ROSE TX INDEP SCH DIST</title>
        <cusip>377856JT7</cusip>
        <identifiers>
          <isin value="US377856JT70"/>
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        <balance>795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>841976.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
        <title>ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE</title>
        <cusip>018444BQ1</cusip>
        <identifiers>
          <isin value="US018444BQ13"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Fort Bend Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US346843RP26"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Fort Bend TX Toll Road Revenue</name>
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          <isin value="US346817CF43"/>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Stamford CT</name>
        <lei>N/A</lei>
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          <isin value="US852634TJ30"/>
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          <maturityDt>2033-08-15</maturityDt>
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      <invstOrSec>
        <name>Palo Alto Unified School District</name>
        <lei>N/A</lei>
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        <balance>520000.00000000</balance>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990FPQ1</cusip>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aspen Fire Protection District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Troy University</name>
        <lei>N/A</lei>
        <title>TROY UNIV AL FACS REVENUE</title>
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          <isin value="US897745CW33"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>481601.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Pasadena TX</name>
        <lei>N/A</lei>
        <title>PASADENA TX</title>
        <cusip>7023167U8</cusip>
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          <isin value="US7023167U89"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434570.40000000</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>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
        <title>BALTIMORE CNTY MD REVENUE</title>
        <cusip>059151DB3</cusip>
        <identifiers>
          <isin value="US059151DB31"/>
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        <balance>685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>628925.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
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        <cusip>059151DC1</cusip>
        <identifiers>
          <isin value="US059151DC14"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>556433.55000000</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>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gulf Coast Authority</name>
        <lei>N/A</lei>
        <title>GULF COAST TX WST DISP AUTH</title>
        <cusip>401905FF6</cusip>
        <identifiers>
          <isin value="US401905FF61"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254750.00000000</valUSD>
        <pctVal>0.039563188220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>CONNECTICUT ST</title>
        <cusip>20772KHY8</cusip>
        <identifiers>
          <isin value="US20772KHY82"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2932500.00000000</valUSD>
        <pctVal>0.455423157822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO ST HLTH FACS AUTH REVENUE</title>
        <cusip>19648FKE3</cusip>
        <identifiers>
          <isin value="US19648FKE33"/>
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        <balance>7035000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7217417.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Miami-Dade FL</name>
        <lei>549300QG0NBD9HULR263</lei>
        <title>MIAMI-DADE CNTY FL SPL OBLIG</title>
        <cusip>59333NB28</cusip>
        <identifiers>
          <isin value="US59333NB287"/>
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        <balance>735000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>752625.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>CENTRL TX REGL MOBILITY AUTH REVENUE</title>
        <cusip>155498HS0</cusip>
        <identifiers>
          <isin value="US155498HS02"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67955.30000000</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>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
        <title>SALT LAKE CITY UT ARPT REVENUE</title>
        <cusip>795576HV2</cusip>
        <identifiers>
          <isin value="US795576HV21"/>
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        <balance>660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>681568.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Independence School District/MO</name>
        <lei>N/A</lei>
        <title>INDEPENDENCE MO SCH DIST</title>
        <cusip>453722PJ3</cusip>
        <identifiers>
          <isin value="US453722PJ34"/>
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        <balance>3455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2774883.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mauston School District</name>
        <lei>N/A</lei>
        <title>MAUSTON WI JT SCH DIST #1</title>
        <cusip>577662FP9</cusip>
        <identifiers>
          <isin value="US577662FP93"/>
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        <balance>2565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1752895.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.60000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Red Oak Independent School District</name>
        <lei>N/A</lei>
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        <cusip>756843C55</cusip>
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          <isin value="US756843C556"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>338534.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <cusip>882854P97</cusip>
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          <isin value="US882854P974"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>665413.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Municipal Power Inc</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
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        <cusip>02765UQQ0</cusip>
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          <isin value="US02765UQQ03"/>
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        <balance>5690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5366523.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Hempstead NY</name>
        <lei>N/A</lei>
        <title>HEMPSTEAD TOWN NY</title>
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          <isin value="US424672H303"/>
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        <balance>6070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4797485.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Mortgage Finance Authority</name>
        <lei>N/A</lei>
        <title>NEW MEXICO ST MTGE FIN AUTH</title>
        <cusip>647201YR7</cusip>
        <identifiers>
          <isin value="US647201YR71"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3109140.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Georgia Municipal Association Inc</name>
        <lei>N/A</lei>
        <title>GEORGIA ST MUNI ASSN INC COPS</title>
        <cusip>373283CN8</cusip>
        <identifiers>
          <isin value="US373283CN83"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167923.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arlington Independent School District/TX</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX INDEP SCH DIST</title>
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        <valUSD>957210.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK NY</title>
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          <isin value="US64966QK588"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2110940.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mountain View Los Altos Union High School District/CA</name>
        <lei>N/A</lei>
        <title>MOUNTAIN VIEW LOS ALTOS CA UNION HIGH SCH DIST</title>
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          <isin value="US624454KR47"/>
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        <curCd>USD</curCd>
        <valUSD>150309.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
        <title>SALT LAKE CITY UT ARPT REVENUE</title>
        <cusip>795576HU4</cusip>
        <identifiers>
          <isin value="US795576HU48"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>310497.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <cusip>62620HAQ5</cusip>
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          <isin value="US62620HAQ56"/>
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        <balance>470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>440446.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of New York Mortgage Agency Homeowner Mortgage Revenue</name>
        <lei>549300ZQWNLLIG564027</lei>
        <title>NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE</title>
        <cusip>64988YDR5</cusip>
        <identifiers>
          <isin value="US64988YDR53"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>852770.00000000</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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
        <title>ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE</title>
        <cusip>018444BT5</cusip>
        <identifiers>
          <isin value="US018444BT51"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>574499.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of Denver CO Airport System Revenue</name>
        <lei>N/A</lei>
        <title>DENVER CITY &amp; CNTY CO ARPT REVENUE</title>
        <cusip>249182JY3</cusip>
        <identifiers>
          <isin value="US249182JY38"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1488207.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kitsap County School District No 303 Bainbridge Island</name>
        <lei>N/A</lei>
        <title>KITSAP CNTY WA SCH DIST #303 BAINBRIDGE ISLAND</title>
        <cusip>498062PU6</cusip>
        <identifiers>
          <isin value="US498062PU65"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375452.00000000</valUSD>
        <pctVal>0.058308451986</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Vermont Educational &amp; Health Buildings Financing Agency</name>
        <lei>549300ZC1ZW1EUIIV708</lei>
        <title>VERMONT ST EDUCTNL &amp; HLTH BLDGS FING AGY REVENUE</title>
        <cusip>924166HH7</cusip>
        <identifiers>
          <isin value="US924166HH70"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303426.00000000</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>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Euless TX</name>
        <lei>N/A</lei>
        <title>EULESS TX</title>
        <cusip>2982635E0</cusip>
        <identifiers>
          <isin value="US2982635E02"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132843.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pecos Barstow Toyah Independent School District</name>
        <lei>N/A</lei>
        <title>PECOS BARSTOW TOYAH TX INDEP SCH DIST</title>
        <cusip>705227HN9</cusip>
        <identifiers>
          <isin value="US705227HN98"/>
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        <balance>1575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1584213.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Center-Grimes Community School District</name>
        <lei>N/A</lei>
        <title>DALLAS CENTER IA GRIMES CMNTY SCH DIST</title>
        <cusip>234554JC8</cusip>
        <identifiers>
          <isin value="US234554JC85"/>
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        <curCd>USD</curCd>
        <valUSD>892368.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Salt Lake City UT Airport Revenue</name>
        <lei>N/A</lei>
        <title>SALT LAKE CITY UT ARPT REVENUE</title>
        <cusip>795576GF8</cusip>
        <identifiers>
          <isin value="US795576GF89"/>
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        <balance>1370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1416648.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Georgia Housing &amp; Finance Authority</name>
        <lei>549300I628IMF9PWV724</lei>
        <title>GEORGIA ST HSG &amp; FIN AUTH REVENUE</title>
        <cusip>3735396Q3</cusip>
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          <isin value="US3735396Q32"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171752.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clark County Public Utility District No 1 Electric Revenue</name>
        <lei>549300YCT5BMOWZSMQ97</lei>
        <title>CLARK CNTY WA PUBLIC UTILITY DIST #1 ELEC REVENUE</title>
        <cusip>181108D32</cusip>
        <identifiers>
          <isin value="US181108D326"/>
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        <balance>505000.00000000</balance>
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        <valUSD>529103.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fort Bend Independent School District</name>
        <lei>N/A</lei>
        <title>FORT BEND TX INDEP SCH DIST</title>
        <cusip>346843RN7</cusip>
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          <isin value="US346843RN77"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>336000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cupertino Union School District</name>
        <lei>N/A</lei>
        <title>CUPERTINO CA UNION SCH DIST</title>
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        <identifiers>
          <isin value="US231237H274"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>576694.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rialto Unified School District</name>
        <lei>N/A</lei>
        <title>RIALTO CA UNIF SCH DIST</title>
        <cusip>762494SH6</cusip>
        <identifiers>
          <isin value="US762494SH66"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>235740.00000000</valUSD>
        <pctVal>0.036610896922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>County of Cattaraugus NY</name>
        <lei>N/A</lei>
        <title>CATTARAUGUS CNTY NY</title>
        <cusip>149465S23</cusip>
        <identifiers>
          <isin value="US149465S238"/>
        </identifiers>
        <balance>730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>696704.70000000</valUSD>
        <pctVal>0.108199643493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-11-30</ncom:dateSigned>
      <ncom:nameOfApplicant>EATON VANCE MUNICIPALS TRUST II</ncom:nameOfApplicant>
      <ncom:signature>James Kirchner</ncom:signature>
      <ncom:signerName>James Kirchner</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
