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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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          <isin value="US74442EKL38"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <title>Public Finance Authority</title>
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          <isin value="US74446EAC03"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <isin value="US71781XCC56"/>
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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>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp.</title>
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          <isin value="US34061WBK99"/>
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        <curCd>USD</curCd>
        <valUSD>604275.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery County Industrial Development Authority PA</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority</title>
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          <isin value="US61360PCM05"/>
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        <curCd>USD</curCd>
        <valUSD>1840940.37000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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          <isin value="US20775DVQ23"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Mississippi Home Corp.</name>
        <lei>549300FFY35B829JR607</lei>
        <title>Mississippi Home Corp.</title>
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          <isin value="US60535QRN24"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>332010.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <title>New York City Housing Development Corp.</title>
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          <isin value="US64972E5H85"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>823620.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Southwest Independent School District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>13243885.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Conroe Local Government Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Metropolitan Government Nashville &amp; Davidson County Sports Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Development Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Doylestown Hospital Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kentucky Higher Education Student Loan Corp.</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Redevelopment Authority of The County of Washington</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Armstrong School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Pollution Control Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington Health Care Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Educational Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Orange County Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Commonwealth University Health System Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Arkansas Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US04052FFZ36"/>
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        <curCd>USD</curCd>
        <valUSD>1810622.98000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Albany Capital Resource Corp.</name>
        <lei>N/A</lei>
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        <cusip>012432EU0</cusip>
        <identifiers>
          <isin value="US012432EU03"/>
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        <balance>3175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3336887.22000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46245FAU8</cusip>
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          <isin value="US46245FAU84"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>613701.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Port of Beaumont Navigation District</name>
        <lei>549300G8PKBXALUKJY33</lei>
        <title>Port of Beaumont Navigation District, Series 2024 B</title>
        <cusip>73360CAS3</cusip>
        <identifiers>
          <isin value="US73360CAS35"/>
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        <balance>9375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9382973.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland Community Development Administration</name>
        <lei>N/A</lei>
        <title>Maryland Community Development Administration, Series 2018 B</title>
        <cusip>57419R3B9</cusip>
        <identifiers>
          <isin value="US57419R3B94"/>
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        <balance>1955000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1975125.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Antonio Water System</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System, Series 2022B</title>
        <cusip>79642GPP1</cusip>
        <identifiers>
          <isin value="US79642GPP18"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15584064.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Jersey Higher Education Student Assistance Authority</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Student Assistance Authority, Series 2024 B</title>
        <cusip>646080YB1</cusip>
        <identifiers>
          <isin value="US646080YB10"/>
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        <balance>12265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12115485.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Galveston TX Wharves &amp; Terminal Revenue</name>
        <lei>N/A</lei>
        <title>City of Galveston, Series 2024 A</title>
        <cusip>364568JY2</cusip>
        <identifiers>
          <isin value="US364568JY21"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>239190.03000000</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>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina Student Loan Corp.</name>
        <lei>549300PIO3ZMSROGFF38</lei>
        <title>South Carolina Student Loan Corp.</title>
        <cusip>83715AAT6</cusip>
        <identifiers>
          <isin value="US83715AAT60"/>
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        <balance>6285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6231530.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.64100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>North Carolina Housing Finance Agency, Series 60</title>
        <cusip>65820BEQ5</cusip>
        <identifiers>
          <isin value="US65820BEQ59"/>
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        <balance>1875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2132195.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2023</title>
        <cusip>51265KFJ2</cusip>
        <identifiers>
          <isin value="US51265KFJ25"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1568707.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712D4C7</cusip>
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          <isin value="US97712D4C76"/>
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        <balance>1445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1336241.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Broome County Local Development Corp.</name>
        <lei>N/A</lei>
        <title>Broome County Local Development Corp.</title>
        <cusip>114731AP7</cusip>
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          <isin value="US114731AP71"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1067147.40000000</valUSD>
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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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        <name>Palm Beach County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Palm Beach County Health Facilities Authority, Series 2025B</title>
        <cusip>69650MBB4</cusip>
        <identifiers>
          <isin value="US69650MBB46"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2924453.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maine Health &amp; Higher Educational Facilities Authority</title>
        <cusip>56042RYF3</cusip>
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          <isin value="US56042RYF36"/>
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        <balance>1220000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645RA43</cusip>
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          <isin value="US19645RA435"/>
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        <balance>805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>805312.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charlotte County Industrial Development Authority/FL</name>
        <lei>N/A</lei>
        <title>Charlotte County Industrial Development Authority, Series 2025</title>
        <cusip>16080TAL9</cusip>
        <identifiers>
          <isin value="US16080TAL98"/>
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        <balance>3875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3963381.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2026 SUB F-1</title>
        <cusip>64972JD21</cusip>
        <identifiers>
          <isin value="US64972JD214"/>
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        <fairValLevel>2</fairValLevel>
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        <name>West Virginia Hospital Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Structured Pass-Through Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana Public Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Housing Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Saginaw Hospital Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Duluth Economic Development Authority</name>
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          <isin value="US26444CHA36"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Denver Convention Center Hotel Authority</name>
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          <isin value="US249189DS76"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Shallowater Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hamilton County &amp; Chattanooga Sports Authority</name>
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        <name>Florida Higher Educational Facilities Financing Authority</name>
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        <name>Wisconsin Housing &amp; Economic Development Authority Home Ownership Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Western Illinois Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Municipal Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Housing Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Chambers County Justice Center Public Facilities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Beach Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Public Finance Authority</name>
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          <isin value="US88277PAY16"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Providence Public Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US74381MDL63"/>
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        <valUSD>595779.51000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Public Finance Authority</name>
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          <isin value="US88277PBB04"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Jefferson County Civic Facility Development Corp.</name>
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          <isin value="US47325RAQ20"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Norwalk City School District</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Westchester County Local Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
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      <invstOrSec>
        <name>San Antonio Housing Trust Public Facility Corp.</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
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      <invstOrSec>
        <name>Maryland Economic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <title>Florida Development Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 15</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.20000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>St Louis Municipal Finance Corp.</name>
        <lei>549300CR13DAYKUKQN03</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>California Municipal Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>El Paso County Hospital District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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          <isin value="US45506ENJ81"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-15</maturityDt>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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          <isin value="US72177MUB17"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon State Facilities Authority</name>
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          <isin value="US68607MAA36"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990KFX63"/>
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        <curCd>USD</curCd>
        <valUSD>4984605.32000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Allegheny County Airport Authority</name>
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          <isin value="US01728LHD73"/>
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        <valUSD>3322624.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority Parking System</title>
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          <isin value="US70870ECB39"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Oceanside Unified School District/CA</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <title>Tender Option Bond Trust Receipts</title>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.30099865</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74443CAC73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina State Education Assistance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Patriots Energy Group Financing Agency</name>
        <lei>5493008X0DFBVFH4HL19</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
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        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency, Series M TEBS 2023A</title>
        <cusip>708797BB0</cusip>
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          <isin value="US708797BB01"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Summit County Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sales Tax Securitization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakewood Ranch Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arkansas Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Los Angeles Department of Airports</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana Public Facilities Authority</name>
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          <isin value="US5463988B71"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Peninsula Town Center Community Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>St Johns County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Albany Hospital Facility Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kansas City Land Clearance Redevelopment Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>East Baton Rouge Sewerage Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Medical Care Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eco Maine</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Newark Higher Education Finance Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-15</maturityDt>
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      <invstOrSec>
        <name>City of Grand Forks ND</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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        <name>Montebello Public Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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      <invstOrSec>
        <name>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Authority for Colorado Energy</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Educational Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alaska Railroad Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Memphis Arena Public Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakewood Ranch Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cherokee County Water &amp; Sewer Authority/GA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Houston Higher Education Finance Corp.</name>
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        <name>Kalamazoo Economic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>Arizona Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US56042TED63"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Chester County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vancouver Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <name>Fredericksburg Independent School District</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Small Business Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Economic Development Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
        <lei>254900N9FNYNPO539444</lei>
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        <cusip>76221SGK1</cusip>
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          <isin value="US76221SGK15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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          <isin value="US79766DVW63"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US452031AQ06"/>
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        <curCd>USD</curCd>
        <valUSD>2029484.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Belgrade MT Water System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US07782AAX46"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
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          <isin value="US65821DYB18"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US70870EDW66"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Savannah Georgia Convention Center Authority</name>
        <lei>N/A</lei>
        <title>Savannah Georgia Convention Center Authority, Series 2025A</title>
        <cusip>804828AB7</cusip>
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          <isin value="US804828AB77"/>
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        <balance>1125000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Washington Health Care Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US04052BET70"/>
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        <fairValLevel>2</fairValLevel>
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        <name>California Municipal Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lehigh County General Purpose Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Syracuse Industrial Development Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Overland Park Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Broward FL Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Municipal Gas Authority of Georgia</name>
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          <isin value="US373295LY85"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston TX Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Lyon Community Schools</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Central Florida Tourism Oversight District Utility Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Medford Hospital Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Norwalk City School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Duluth Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Escondido Union High School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Housing &amp; Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>New York City Housing Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Housing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Multifamily ML Certificates</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.63293720</annualizedRt>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
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          <isin value="US010869MG72"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Missouri Development Finance Board</name>
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          <isin value="US60636SHQ03"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hastings Campus Housing Finance Authority</name>
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        <cusip>418338AB5</cusip>
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          <isin value="US418338AB53"/>
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        <curCd>USD</curCd>
        <valUSD>5940986.79000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Berks County Municipal Authority (The)</name>
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          <isin value="US084538JH15"/>
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        <curCd>USD</curCd>
        <valUSD>18315498.74000000</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>2039-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>St. Clair County Community Unit School District No. 187 Cahokia</name>
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          <isin value="US788550MM04"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Series 2023 A</title>
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          <isin value="US63607YBJ82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Michigan State Housing Development Authority</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>Michigan State Housing Development Authority, Series 2024D</title>
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          <isin value="US594654ZT58"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Michigan Finance Authority</name>
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        <title>Michigan Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.20000000</annualizedRt>
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        <name>New Memphis Arena Public Building Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Finance Authority of Maine</name>
        <lei>N/A</lei>
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          <isin value="US56042TCF30"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority, Series 2025A</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>EP Essential Housing WF PFC</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Tobacco Settlement Financing Corp.</name>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-15</maturityDt>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts</title>
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          <isin value="US88035JNJ78"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Housing and Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-11-01</maturityDt>
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        <name>Kaufman County Fresh Water Supply District No. 4A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palm Beach County Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Everett Housing Authority/WA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Air Quality Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Agency, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Housing Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Jersey Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Peaster Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TSASC, Inc. NY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yamhill County Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Henrico County Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vancouver Housing Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Brazos Higher Education Authority, Inc.</name>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>East Montgomery Municipal Utility District No. 3</name>
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        <name>Pennsylvania Higher Education Assistance Agency</name>
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        <name>New York City Industrial Development Agency</name>
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        <name>Doylestown Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Love Field Airport Modernization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of South Miami Health Facilities Authority, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Miami-Dade Seaport Department</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Beach Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>West Contra Costa Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Orange County Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Statewide Communities Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Student Loan Authority</name>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Charles City County Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Student Loan Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Florida Higher Educational Facilities Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Hillsborough FL Solid Waste &amp; Resource Recovery Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
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      <invstOrSec>
        <name>Texas State Technical College</name>
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          <isin value="US88276RFK32"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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          <isin value="US74443DKY66"/>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Wichita KS</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lexington County Health Services District, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Syracuse Industrial Development Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Center District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Housing Trust Public Facility Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Tallahassee FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>King County Public Hospital District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Syracuse Industrial Development Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Topeka KS</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Student Loan Corp.</name>
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          <isin value="US83715AAV17"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Student Loan Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago O'Hare International Airport</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Adams &amp; Arapahoe Counties Joint School District 28J Aurora</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Student Loan Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fishers Town Hall Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Reno-Tahoe Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tarrant County Hospital District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Center District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 16</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Springfield GA Water and Sewer Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Educational Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cumberland Valley School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Montgomery County Municipal Utility District No. 139</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Southeast A Cooperative District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Local Government Finance Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Savannah Georgia Convention Center Authority</name>
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        <name>Connecticut State Higher Education Supplement Loan Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Community Choice Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlanta Development Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cedar Port Navigation &amp; Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Diego County Regional Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Texas Department of Housing &amp; Community Affairs</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
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          <isin value="US56682HCC16"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Massachusetts Development Finance Agency</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584X8P92"/>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FHLMC Multifamily ML Certificates</name>
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        <cusip>3137HC2E1</cusip>
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          <isin value="US3137HC2E14"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.61468880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Idaho Housing &amp; Finance Association</name>
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          <isin value="US45129GLR47"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>416502.51000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Housing Development Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Beaver County Economic Development Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Power Authority</name>
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        <name>Westfield-Washington Multi-School Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Alabama State University</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hastings Campus Housing Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Whispering Pines Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
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          <isin value="US93978UAA43"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Schenectady County Capital Resource Corp.</name>
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          <isin value="US806418BF57"/>
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        <balance>555000.00000000</balance>
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        <valUSD>567178.98000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port of Greater Cincinnati Development Authority</name>
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          <isin value="US734195FA36"/>
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        <curCd>USD</curCd>
        <valUSD>278596.91000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Reno NV</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63610FBL94"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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          <isin value="US19645UPU24"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
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          <isin value="US04109KGB70"/>
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        <curCd>USD</curCd>
        <valUSD>38221.33000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>EP Cimarron Ventanas PFC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Halifax Hospital Medical Center</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alaska Municipal Bond Bank Authority</name>
        <lei>N/A</lei>
        <title>Alaska Municipal Bond Bank Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Unified School District No. 60 Higley</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Turnpike Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <name>Lee County Industrial Development Authority/FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Idaho Housing &amp; Finance Association</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Sales Tax Securitization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Berks County Municipal Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Allentown City School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Ports Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Arkansas Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Maxatawny Township Municipal Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Love Field Airport Modernization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Cuyahoga Metropolitan Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Eco Maine</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan State Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Area Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Ports Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Port Authority</name>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Southeast A Cooperative District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Housing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tennergy Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>South Carolina State Housing Finance &amp; Development Authority</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Public Finance Authority</name>
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          <isin value="US88277PBA21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts</title>
        <cusip>88035RQ98</cusip>
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          <isin value="US88035RQ985"/>
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        <curCd>USD</curCd>
        <valUSD>3020315.27000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.48799910</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Higher Educational Facilities Authority</title>
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          <isin value="US70917S4F77"/>
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        <curCd>USD</curCd>
        <valUSD>205651.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
        <lei>N/A</lei>
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        <cusip>882667CM8</cusip>
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          <isin value="US882667CM80"/>
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        <balance>2010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2093912.07000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Tampa FL</name>
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          <isin value="US875146AX01"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351178.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</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>Michigan Strategic Fund</name>
        <lei>N/A</lei>
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        <cusip>594698QV7</cusip>
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          <isin value="US594698QV79"/>
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        <balance>3935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3825873.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
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          <isin value="US658207ZW82"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>488465.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Norman Regional Hospital Authority</name>
        <lei>N/A</lei>
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        <cusip>656178EJ5</cusip>
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          <isin value="US656178EJ59"/>
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        <balance>2715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2143830.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts</title>
        <cusip>88035JMC3</cusip>
        <identifiers>
          <isin value="US88035JMC35"/>
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        <balance>5490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6061207.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.52599925</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
        <lei>N/A</lei>
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        <cusip>70870EDX4</cusip>
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          <isin value="US70870EDX40"/>
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        <balance>2865000.00000000</balance>
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        <valUSD>1012226.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westchester County Local Development Corp.</name>
        <lei>549300KOSU8OC75V9238</lei>
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        <cusip>95737TFP6</cusip>
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          <isin value="US95737TFP66"/>
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        <balance>590000.00000000</balance>
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        <valUSD>591797.97000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sweetwater Independent School District</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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          <isin value="US462467H616"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
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          <isin value="US837032CF65"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Oklahoma Municipal Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Center District</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fishers Town Hall Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Small Business Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Belgrade MT Water System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Galveston TX Wharves &amp; Terminal Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Connecticut State Higher Education Supplement Loan Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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          <isin value="US650116GZ30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>White Settlement Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Municipal Electric Authority of Georgia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yamhill County Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Liberty Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Charter School Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kalamazoo Economic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Denver Health &amp; Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Northeastern Illinois University</name>
        <lei>N/A</lei>
        <title>Northeastern Illinois University</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Charleston County Airport District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Harris County Municipal Utility District No. 460</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Colorado</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Saginaw Hospital Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Memphis-Shelby County Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Charter School Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Health and Education Facilities Authority Act</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Delaware State Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tobacco Settlement Financing Corp.</name>
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          <isin value="US888808HH89"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Housing Trust Public Facility Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Cooper Green Mercy Health Services Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Guam Government Waterworks Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education Dedicated Capital Improvement Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Reno-Tahoe Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Orange County Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Riverside County Transportation Commission Sales Tax Revenue</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Orange County Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Public Service Authority</name>
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        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <name>Austin Convention Enterprises, Inc.</name>
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        <name>Arizona Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Eco Maine</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Maryland Economic Development Corp.</name>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Finance Authority of Maine</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Austin Affordable PFC, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Memphis-Shelby County Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Steel Point Infrastructure Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Center District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Housing Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oceanside Unified School District/CA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Metrocare Services</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Air Quality Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Multifamily VRD Certificates</name>
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          <isin value="US31350ACE64"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74439YGV74"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Norwalk City School District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iowa Higher Education Loan Authority</name>
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          <isin value="US46247DAG25"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
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          <isin value="US010869MH55"/>
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        <curCd>USD</curCd>
        <valUSD>1675241.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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        <title>Austin Convention Enterprises, Inc.</title>
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          <isin value="US052409DN65"/>
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        <curCd>USD</curCd>
        <valUSD>833613.24000000</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>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan State Housing Development Authority</name>
        <lei>549300NSWW1HVXE93T03</lei>
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          <isin value="US59465PFN33"/>
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        <balance>6635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6434595.80000000</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>2054-10-01</maturityDt>
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          <annualizedRt>4.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Niagara Area Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Government Nashville &amp; Davidson County Sports Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Knox County Health Educational &amp; Housing Facility Board</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FHLMC Multifamily ML Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Houston Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vancouver Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <name>Lee County Industrial Development Authority/FL</name>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Park Creek Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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          <isin value="US650110AE94"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority A Cooperative District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakes Fresh Water Supply District of Denton County</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allegheny County Hospital Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Transportation Commission State Highway 249 System</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Utah Housing Corp.</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Norwalk Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Patriots Energy Group Financing Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arkansas Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <name>Omaha Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Housing Finance Agency</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Multifamily ML Certificates</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Toll Road Investors Partnership II LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Galveston TX Wharves &amp; Terminal Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Redmond OR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Muscatine Power and Water Electric Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Raleigh Durham Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lancaster Municipal Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston TX Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Brazos Higher Education Authority, Inc.</name>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>California School Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FW Ramble Public Facility Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Housing and Finance Authority</name>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>Vermont Student Assistance Corp.</name>
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          <maturityDt>2043-02-15</maturityDt>
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      <invstOrSec>
        <name>Mississippi Home Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>San Mateo County Community College District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp.</title>
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          <isin value="US34061WAW47"/>
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        <curCd>USD</curCd>
        <valUSD>562499.53000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts</title>
        <cusip>88035MFB6</cusip>
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          <isin value="US88035MFB63"/>
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        <valUSD>1576048.14000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>-3.36000020</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts</title>
        <cusip>88035JFV9</cusip>
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          <isin value="US88035JFV98"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3789877.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.27000065</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palm Beach County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Palm Beach County Health Facilities Authority</title>
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          <isin value="US69651ABM53"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St Johns County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>St Johns County Industrial Development Authority</title>
        <cusip>79041LAM0</cusip>
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          <isin value="US79041LAM00"/>
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        <curCd>USD</curCd>
        <valUSD>353592.49000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Series 2024A-1</title>
        <cusip>34062AAD3</cusip>
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          <isin value="US34062AAD37"/>
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        <curCd>USD</curCd>
        <valUSD>1019841.66000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rhode Island Student Loan Authority</name>
        <lei>N/A</lei>
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          <isin value="US762323DD23"/>
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        <balance>6075000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Pompano Beach FL</name>
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        <valUSD>2447348.51000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Ector County Hospital District</name>
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        <cusip>279251AH5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Carolina Medical Care Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Arizona Board of Regents</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland Department of Housing &amp; Community Development</name>
        <lei>549300Q5BSL77YR7NP93</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>Maine State Housing Authority</name>
        <lei>549300SO05LH6D240016</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. III</name>
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        <cusip>88256HBG2</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Economic Development Financing Authority Parking System Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Public Finance Authority</name>
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          <isin value="US88277PAZ80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Ector County Hospital District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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          <isin value="US19648FRS55"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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          <isin value="US882667CL08"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-30</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>East Montgomery Municipal Utility District No. 3</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Statewide Communities Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Homewood Educational Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stamford Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Medical Care Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <debtSec>
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        <name>Ohio Air Quality Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-01</maturityDt>
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      <invstOrSec>
        <name>Wisconsin Center District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Chicago IL</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>South Jersey Transportation Authority</name>
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        <curCd>USD</curCd>
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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>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63608TAK60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery County Industrial Development Authority PA</name>
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        <title>Montgomery County Industrial Development Authority</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Galveston County Municipal Utility District No. 45</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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        <name>State of Connecticut Bradley International Airport CFC Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia College Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 15</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rum River Special Education Cooperative</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Clark-Pleasant Community School Building Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Modesto Elementary School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Municipal Power, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State Board of Higher Education of the State of North Dakota</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa Finance Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <name>County of Pasco FL Solid Waste Disposal &amp; Resource Recovery System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.90000000</annualizedRt>
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        <name>Public Finance Authority</name>
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          <isin value="US74439YDX67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Greene County Port Authority</name>
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          <isin value="US39465WAB19"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BSU97"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
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        <name>New Hampshire Business Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Highway 380 Municipal Management District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rum River Special Education Cooperative</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Ports Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma Development Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>City of Galveston TX Wharves &amp; Terminal Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Medical University Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Erie Higher Education Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Connecticut State Higher Education Supplement Loan Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>St Louis County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tennessee Energy Acquisition Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas State Technical College</name>
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        <fairValLevel>2</fairValLevel>
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        <name>St Johns County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education Dedicated Capital Improvement Tax</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Lyon County Unified School District No. 253 Emporia</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>River Islands Public Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Dallas Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Municipal Power, Inc.</name>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana Public Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Berks County Municipal Authority (The)</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Massachusetts Educational Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Air Quality Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan Strategic Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland Economic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Wichita KS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204FT889"/>
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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>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
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          <isin value="US650116HX72"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-31</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>St Johns County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US79041LAP31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <title>New Hope Cultural Education Facilities Finance Corp., Series 2025</title>
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          <isin value="US64542UHA51"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63608TAD28"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Kansas City Land Clearance Redevelopment Authority</name>
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          <isin value="US48504MAC55"/>
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        <curCd>USD</curCd>
        <valUSD>160504.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>DeKalb County Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maxatawny Township Municipal Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington Higher Education Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Chicago IL Wastewater Transmission Revenue</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Matching Fund Special Purpose Securitization Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Crowley Independent School District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EP La Privada PFC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Texas Department of Housing &amp; Community Affairs</name>
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          <isin value="US88275FWX31"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Central Plains Energy Project</name>
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          <isin value="US154871CK13"/>
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        <curCd>USD</curCd>
        <valUSD>700821.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Alachua County Health Facilities Authority</name>
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          <isin value="US010684BL14"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Authority</name>
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          <isin value="US14054WBW47"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Steel Point Infrastructure Improvement District</name>
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          <isin value="US85814YAC66"/>
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        <balance>275000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Tampa FL</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>City of Baltimore MD</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Municipal Power, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cumberland County Municipal Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Berks County Municipal Authority (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Housing Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Government Nashville &amp; Davidson County Sports Authority</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Clifton Higher Education Finance Corp.</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sterling Hill Community Development District</name>
        <lei>N/A</lei>
        <title>Sterling Hill Community Development District</title>
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          <isin value="US85933TAB52"/>
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        <curCd>USD</curCd>
        <valUSD>17532.21000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2019-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Municipal Power Agency</name>
        <lei>N/A</lei>
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          <isin value="US882555C868"/>
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        <curCd>USD</curCd>
        <valUSD>958944.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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          <isin value="US19645UDE10"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern Indiana Commuter Transportation District</name>
        <lei>N/A</lei>
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          <isin value="US66528PCL04"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3144317.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cumberland County Municipal Authority</name>
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        <title>Cumberland County Municipal Authority, Series 2026 A</title>
        <cusip>230614UA5</cusip>
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          <isin value="US230614UA54"/>
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        <curCd>USD</curCd>
        <valUSD>1076558.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>455059AJ4</cusip>
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          <isin value="US455059AJ47"/>
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        <balance>2260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2260000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US70869PPE15"/>
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        <curCd>USD</curCd>
        <valUSD>952195.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alaska Municipal Bond Bank Authority</name>
        <lei>N/A</lei>
        <title>Alaska Municipal Bond Bank Authority</title>
        <cusip>01179R4H3</cusip>
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          <isin value="US01179R4H37"/>
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        <balance>1580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1614981.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Warren OH</name>
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          <isin value="US935158BE42"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1931326.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Higher Education Loan Authority</name>
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        <balance>620000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Public Service Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048RAF4</cusip>
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          <isin value="US13048RAF47"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>3.44999880</annualizedRt>
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        <name>Gahanna-Jefferson City School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Middleburg Heights OH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
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        <name>Doylestown Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Harris County Municipal Utility District No. 460</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oceanside Unified School District/CA</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Build NYC Resource Corp.</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Babcock Ranch Community Independent Special District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Indianapolis Department of Public Utilities Water System Revenue</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
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          <isin value="US68450LGM19"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Doylestown Hospital Authority</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>5.80000000</annualizedRt>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Los Angeles Department of Airports</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Knoxville Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Tempe Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Port of Greater Cincinnati Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Liberty Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Columbus Metropolitan Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Housing Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. VI</name>
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        <curCd>USD</curCd>
        <valUSD>10617753.00000000</valUSD>
        <pctVal>0.152853617102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645R7C9</cusip>
        <identifiers>
          <isin value="US19645R7C96"/>
        </identifiers>
        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>291427.41000000</valUSD>
        <pctVal>0.004195401206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-04-01</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>George L Smith II Congress Center Authority</name>
        <lei>N/A</lei>
        <title>George L Smith II Congress Center Authority, Series 2021B</title>
        <cusip>37255MAF2</cusip>
        <identifiers>
          <isin value="US37255MAF23"/>
        </identifiers>
        <balance>2595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2389381.28000000</valUSD>
        <pctVal>0.034397633028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority</title>
        <cusip>165588DQ4</cusip>
        <identifiers>
          <isin value="US165588DQ40"/>
        </identifiers>
        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395702.41000000</valUSD>
        <pctVal>0.005696548475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Glynn-Brunswick Memorial Hospital Authority</name>
        <lei>N/A</lei>
        <title>Glynn-Brunswick Memorial Hospital Authority</title>
        <cusip>380037HA2</cusip>
        <identifiers>
          <isin value="US380037HA20"/>
        </identifiers>
        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155509.20000000</valUSD>
        <pctVal>0.002238716959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3T2</cusip>
        <identifiers>
          <isin value="US74514L3T29"/>
        </identifiers>
        <balance>5621909.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3766679.65000000</valUSD>
        <pctVal>0.054225278076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Variable</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>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FGC3</cusip>
        <identifiers>
          <isin value="US45204FGC32"/>
        </identifiers>
        <balance>2525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2105572.25000000</valUSD>
        <pctVal>0.030311906340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>State of Colorado</name>
        <lei>N/A</lei>
        <title>State of Colorado</title>
        <cusip>19668QNY7</cusip>
        <identifiers>
          <isin value="US19668QNY79"/>
        </identifiers>
        <balance>12145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11426932.95000000</valUSD>
        <pctVal>0.164502605569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-15</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>
      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
        <cusip>018444BF5</cusip>
        <identifiers>
          <isin value="US018444BF57"/>
        </identifiers>
        <balance>1260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1268833.99000000</valUSD>
        <pctVal>0.018266187287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3J4</cusip>
        <identifiers>
          <isin value="US74514L3J47"/>
        </identifiers>
        <balance>2704937.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2953147.97000000</valUSD>
        <pctVal>0.042513641921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74447GAA8</cusip>
        <identifiers>
          <isin value="US74447GAA85"/>
        </identifiers>
        <balance>7495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6552345.61000000</valUSD>
        <pctVal>0.094327841963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</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>City of Santa Fe NM</name>
        <lei>N/A</lei>
        <title>City of Santa Fe</title>
        <cusip>802170AM2</cusip>
        <identifiers>
          <isin value="US802170AM23"/>
        </identifiers>
        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431410.74000000</valUSD>
        <pctVal>0.006210607090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brazos Higher Education Authority, Inc.</name>
        <lei>N/A</lei>
        <title>Brazos Higher Education Authority, Inc.</title>
        <cusip>10623ABU6</cusip>
        <identifiers>
          <isin value="US10623ABU60"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24760.95000000</valUSD>
        <pctVal>0.000356459673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.35000000</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>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio</title>
        <cusip>67756CEX2</cusip>
        <identifiers>
          <isin value="US67756CEX20"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>485314.05000000</valUSD>
        <pctVal>0.006986601399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</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>
      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road</title>
        <cusip>592643DM9</cusip>
        <identifiers>
          <isin value="US592643DM91"/>
        </identifiers>
        <balance>1455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1272885.36000000</valUSD>
        <pctVal>0.018324510980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="All applicable monthly total returns are reported excluding any sales loads or redemption fees for Item B.5." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>MFS Municipal Series Trust</ncom:nameOfApplicant>
      <ncom:signature>James Byrne</ncom:signature>
      <ncom:signerName>James Byrne</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
