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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
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          <isin value="US13034A5A40"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
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        <cusip>13032US74</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>REPUBLIC SERVICES INC (MPT) 3.875% 03-01-54</title>
        <cusip>13048RAP2</cusip>
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          <isin value="US13048RAP29"/>
          <other otherDesc="CG Symbol" value="FXC161176"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2024A 5.0% 09-01-44</title>
        <cusip>13051AGR3</cusip>
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          <isin value="US13051AGR32"/>
          <other otherDesc="CG Symbol" value="FXC161388"/>
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        <curCd>USD</curCd>
        <valUSD>642388.13</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2024A 5.0% 09-01-48</title>
        <cusip>13051AGS1</cusip>
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          <isin value="US13051AGS15"/>
          <other otherDesc="CG Symbol" value="FXC161389"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2024A 4.25% 09-01-34</title>
        <cusip>13051AGP7</cusip>
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          <isin value="US13051AGP75"/>
          <other otherDesc="CG Symbol" value="FXC161390"/>
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        <curCd>USD</curCd>
        <valUSD>257445.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2024A 5.125% 09-01-54</title>
        <cusip>13051AGT9</cusip>
        <identifiers>
          <isin value="US13051AGT97"/>
          <other otherDesc="CG Symbol" value="FXC161391"/>
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        <balance>2250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2276847.00</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>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2024A 5.0% 09-01-39</title>
        <cusip>13051AGQ5</cusip>
        <identifiers>
          <isin value="US13051AGQ58"/>
          <other otherDesc="CG Symbol" value="FXC161392"/>
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        <balance>275000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>286968.28</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.0% 09-01-43</title>
        <cusip>13063EBL9</cusip>
        <identifiers>
          <isin value="US13063EBL92"/>
          <other otherDesc="CG Symbol" value="FXC161477"/>
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        <balance>2950000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3251855.80</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.0% 09-01-35</title>
        <cusip>13063EBG0</cusip>
        <identifiers>
          <isin value="US13063EBG08"/>
          <other otherDesc="CG Symbol" value="FXC161620"/>
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        <balance>3000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3422103.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
        <lei>N/A</lei>
        <title>STATE OF CALIFORNIA 5.0% 04-01-49</title>
        <cusip>13068XLF4</cusip>
        <identifiers>
          <isin value="US13068XLF41"/>
          <other otherDesc="CG Symbol" value="FXC161746"/>
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        <balance>950000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999229.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 4.0% 09-01-47</title>
        <cusip>13063ECD6</cusip>
        <identifiers>
          <isin value="US13063ECD67"/>
          <other otherDesc="CG Symbol" value="FXC162256"/>
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        <balance>3165000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3110179.04</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>ON LOK SENIOR HEALTH SERVICES OBLIGATED GROUP 3.0% 08-01-26</title>
        <cusip>13032UYC6</cusip>
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          <isin value="US13032UYC60"/>
          <other otherDesc="CG Symbol" value="FXC162885"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144842.10</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>ST MARY AND ALL ANGELS CHRISTIAN CHURCH 5.75% 05-01-54</title>
        <cusip>13051BAC0</cusip>
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          <isin value="US13051BAC00"/>
          <other otherDesc="CG Symbol" value="FXC163143"/>
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        <balance>345000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346960.98</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CENTINELA VALLEY CALIF UN HIGH SCH</name>
        <lei>N/A</lei>
        <title>CENTINELA VALLEY UNION HIGH SCHOOL DISTRICT AG 4.0% 08-01-33</title>
        <cusip>152339RE9</cusip>
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          <isin value="US152339RE97"/>
          <other otherDesc="CG Symbol" value="FXC19573"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2509075.00</valUSD>
        <pctVal>0.0692451294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE 5.0% 05-15-33</title>
        <cusip>13034AQA1</cusip>
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          <isin value="US13034AQA15"/>
          <other otherDesc="CG Symbol" value="FXC19668"/>
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        <balance>1105000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1107047.57</valUSD>
        <pctVal>0.0305521566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
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        <cusip>13013JHG4</cusip>
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          <isin value="US13013JHG40"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>FOOTHILL FAMILY PRESERVATION LP (MPT) 2.75% 05-01-44</title>
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          <isin value="US13034DBF06"/>
          <other otherDesc="CG Symbol" value="FXC203610"/>
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        <balance>4000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3990776.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DIST NO 2023-11 IMPT AREA NO 5.25% 09-01-60</title>
        <cusip>13051APB8</cusip>
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          <isin value="US13051APB88"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
        <lei>N/A</lei>
        <title>STATE OF CALIFORNIA 5.0% 11-01-50</title>
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          <isin value="US13068XRR25"/>
          <other otherDesc="CG Symbol" value="FXC204790"/>
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        <curCd>USD</curCd>
        <valUSD>1055174.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
        <lei>N/A</lei>
        <title>STATE OF CALIFORNIA 5.0% 11-01-42</title>
        <cusip>13068XRK7</cusip>
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          <isin value="US13068XRK71"/>
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        <curCd>USD</curCd>
        <valUSD>5317478.94</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>SECOND STREET FAMILY LP (MPT) 2.93% 12-01-45</title>
        <cusip>130483JX9</cusip>
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          <isin value="US130483JX94"/>
          <other otherDesc="CG Symbol" value="FXC205527"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.930000000000</annualizedRt>
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        <name>COLTON CALIF JT UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>COLTON JOINT UNIFIED SCHOOL DISTRICT BAM 0.0% 08-01-37</title>
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          <isin value="US197036RD08"/>
          <other otherDesc="CG Symbol" value="FXC205550"/>
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        <curCd>USD</curCd>
        <valUSD>332872.50</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>COLTON CALIF JT UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>COLTON JOINT UNIFIED SCHOOL DISTRICT BAM 0.0% 08-01-35</title>
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          <isin value="US197036RB42"/>
          <other otherDesc="CG Symbol" value="FXC205551"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CHF-RIVERSIDE II LLC 5.0% 05-15-39</title>
        <cusip>13049YDV0</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.0% 09-01-45</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.0% 09-01-55</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MATCHING FUND SPECIAL PURPOSE SECURITIZATION CORPORATION</name>
        <lei>N/A</lei>
        <title>UNITED STATES VIRGIN ISLANDS FEDERAL EXCISE TAX 5.0% 10-01-32</title>
        <cusip>57665NAF2</cusip>
        <identifiers>
          <isin value="US57665NAF24"/>
          <other otherDesc="CG Symbol" value="FXM135712"/>
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        <balance>1740000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1810967.64</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>VI</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>MONROVIA CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>MONROVIA UNIFIED SCHOOL DISTRICT NATL 0.0% 08-01-32</title>
        <cusip>611594GC0</cusip>
        <identifiers>
          <isin value="US611594GC06"/>
          <other otherDesc="CG Symbol" value="FXM143375"/>
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        <balance>2150000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1780821.35</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTEBELLO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>MONTEBELLO UNIFIED SCHOOL DISTRICT AG 5.0% 08-01-50</title>
        <cusip>612289UT3</cusip>
        <identifiers>
          <isin value="US612289UT31"/>
          <other otherDesc="CG Symbol" value="FXM143418"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1036029.00</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>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>M-S-R ENERGY AUTHORITY CALIFORNIA</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R ENERGY AUTHORITY 6.5% 11-01-39</title>
        <cusip>55374SAF7</cusip>
        <identifiers>
          <isin value="US55374SAF74"/>
          <other otherDesc="CG Symbol" value="FXM1471"/>
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        <balance>2110000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2556866.35</valUSD>
        <pctVal>0.0705640689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORENO VY CALIF UNI SCH DIST FING AUTH</name>
        <lei>N/A</lei>
        <title>MORENO VALLEY UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY AG 5.0% 09-01-40</title>
        <cusip>61687LCN3</cusip>
        <identifiers>
          <isin value="US61687LCN38"/>
          <other otherDesc="CG Symbol" value="FXM160084"/>
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        <balance>600000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>662829.60</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>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 5.0% 09-01-35</title>
        <cusip>287254FT8</cusip>
        <identifiers>
          <isin value="US287254FT81"/>
          <other otherDesc="CG Symbol" value="FXE91362"/>
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        <balance>1150000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1153454.60</valUSD>
        <pctVal>0.0318328918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 2013-64 5.0% 09-01-45</title>
        <cusip>27627MSD0</cusip>
        <identifiers>
          <isin value="US27627MSD01"/>
          <other otherDesc="CG Symbol" value="FXE98881"/>
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        <balance>850000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>858355.50</valUSD>
        <pctVal>0.0236887848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY PASS THROUGH CERTIFICATES</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MULTIFAMILY ML CERTIFICATES 3.35% 11-25-33</title>
        <cusip>30309HAA5</cusip>
        <identifiers>
          <isin value="US30309HAA59"/>
          <other otherDesc="CG Symbol" value="FXF100097"/>
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        <balance>7599657.31</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7389541.98</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FOLSOM CA COMMUNITY FACILITIES DISTRICT NO 23 IMPROVEMENT AREA NO 3 4.25% 09-01-37</title>
        <cusip>344414FG7</cusip>
        <identifiers>
          <isin value="US344414FG74"/>
          <other otherDesc="CG Symbol" value="FXF139968"/>
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        <balance>670000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>686613.32</valUSD>
        <pctVal>0.0189490662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FOLSOM CA COMMUNITY FACILITIES DISTRICT NO 23 IMPROVEMENT AREA NO 3 4.5% 09-01-42</title>
        <cusip>344414FH5</cusip>
        <identifiers>
          <isin value="US344414FH57"/>
          <other otherDesc="CG Symbol" value="FXF139969"/>
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        <balance>1305000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1316190.38</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FOLSOM CA COMMUNITY FACILITIES DISTRICT NO 23 IMPROVEMENT AREA NO 3 5.0% 09-01-52</title>
        <cusip>344414FJ1</cusip>
        <identifiers>
          <isin value="US344414FJ14"/>
          <other otherDesc="CG Symbol" value="FXF139970"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2517462.50</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FRESNO CALIF UNI SCH DIST</name>
        <lei>549300WL4QIP65TFU882</lei>
        <title>FRESNO UNIFIED SCHOOL DISTRICT 4.0% 08-01-55</title>
        <cusip>358233DB7</cusip>
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          <isin value="US358233DB70"/>
          <other otherDesc="CG Symbol" value="FXF140810"/>
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        <balance>6535000.00</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRVINE CALIF UNI SCH DIST</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>IRVINE UNIFIED SCHOOL DISTRICT 4.0% 09-01-44</title>
        <cusip>463612NS6</cusip>
        <identifiers>
          <isin value="US463612NS60"/>
          <other otherDesc="CG Symbol" value="FXI110008"/>
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        <balance>995000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>922878.42</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRVINE CALIF UNI SCH DIST</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>IRVINE UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 09-1 4.0% 09-01-37</title>
        <cusip>463612MV0</cusip>
        <identifiers>
          <isin value="US463612MV09"/>
          <other otherDesc="CG Symbol" value="FXI110122"/>
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        <balance>565000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>564723.15</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDEPENDENT CITIES CALIF LEASE FIN AUTH</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>CITY OF COMPTON CA SALES TAX REVENUE AG 4.0% 06-01-51</title>
        <cusip>45384PAP0</cusip>
        <identifiers>
          <isin value="US45384PAP09"/>
          <other otherDesc="CG Symbol" value="FXI120599"/>
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        <balance>1075000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>994985.60</valUSD>
        <pctVal>0.0274594847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDEPENDENT CITIES CALIF LEASE FIN AUTH</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>CITY OF COMPTON CA SALES TAX REVENUE AG 4.0% 06-01-46</title>
        <cusip>45384PAN5</cusip>
        <identifiers>
          <isin value="US45384PAN50"/>
          <other otherDesc="CG Symbol" value="FXI120600"/>
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        <balance>2690000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2597517.80</valUSD>
        <pctVal>0.0716859624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INDEPENDENT CITIES CALIF LEASE FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>INDIAN WELLS REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>INGLEWOOD CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>INGLEWOOD CALIF UNI SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
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          <isin value="US5868102X01"/>
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        <valUSD>448415.38</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
        <lei>N/A</lei>
        <title>MENIFEE UNION SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2011-1 AREA NO 6 4.0% 09-01-50</title>
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          <isin value="US5868103A98"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MURRIETA VY CALIF UNI SCH DIST</name>
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        <cusip>62719HQ98</cusip>
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          <isin value="US62719HQ985"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
        <lei>N/A</lei>
        <title>MENIFEE UNION SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2011-1 AREA NO 3 4.0% 09-01-33</title>
        <cusip>586810D75</cusip>
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          <isin value="US586810D757"/>
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        <curCd>USD</curCd>
        <valUSD>471961.31</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
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        <cusip>586810D67</cusip>
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          <isin value="US586810D674"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORENO VY CALIF UNI SCH DIST FING AUTH</name>
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        <title>MORENO VALLEY UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY 5.0% 09-01-35</title>
        <cusip>61687LBT1</cusip>
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          <isin value="US61687LBT17"/>
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        <balance>925000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>952168.18</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORENO VY CALIF UNI SCH DIST FING AUTH</name>
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        <title>MORENO VALLEY UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY 5.0% 09-01-34</title>
        <cusip>61687LBS3</cusip>
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          <isin value="US61687LBS34"/>
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        <balance>1720000.00</balance>
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        <valUSD>1772755.84</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>MORENO VY CALIF UNI SCH DIST FING AUTH</name>
        <lei>N/A</lei>
        <title>MORENO VALLEY UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY 5.0% 09-01-32</title>
        <cusip>61687LBQ7</cusip>
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          <isin value="US61687LBQ77"/>
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        <balance>1480000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1525459.68</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORENO VY CALIF UNI SCH DIST FING AUTH</name>
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        <cusip>61687LBL8</cusip>
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          <isin value="US61687LBL80"/>
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        <balance>1090000.00</balance>
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        <valUSD>1123778.01</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NORTH ORANGE COUNTY COMMUNITY COLLEGE DISTRICT/CA</name>
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        <curCd>USD</curCd>
        <valUSD>4994245.00</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NEW HAVEN CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>645002G67</cusip>
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          <isin value="US645002G670"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NORWALK LA MIRADA CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NORTHERN CALIF ENERGY AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NORTHERN CALIFORNIA TRANSMISSION AGENCY</name>
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        <valUSD>1001846.00</valUSD>
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        <invCountry>US</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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        <name>NATOMAS UN SCH DIST CALIF</name>
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        <name>NEW HAVEN CALIF UNI SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OAKLAND CALIF UNI SCH DIST</name>
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          <isin value="US672325H752"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>OAKLAND CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RANCHO CORDOVA CMNTY FACS DIST CALIF</name>
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        <valUSD>552547.05</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ROMOLAND SCH DIST CALIF</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROMOLAND SCH DIST CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RANCHO CORDOVA CMNTY FACS DIST CALIF</name>
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        <curCd>USD</curCd>
        <valUSD>3002484.00</valUSD>
        <pctVal>0.0828621675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEMECULA VY CALIF UNI SCH DIST CMNTY FACS DIST</name>
        <lei>N/A</lei>
        <title>TEMECULA VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2017-1 4.25% 09-01-43</title>
        <cusip>87970HQY4</cusip>
        <identifiers>
          <isin value="US87970HQY44"/>
          <other otherDesc="CG Symbol" value="FXT136162"/>
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        <balance>700000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>680307.60</valUSD>
        <pctVal>0.0187750417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEMECULA VY CALIF UNI SCH DIST CMNTY FACS DIST</name>
        <lei>N/A</lei>
        <title>TEMECULA VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2017-1 4.375% 09-01-52</title>
        <cusip>87970HQZ1</cusip>
        <identifiers>
          <isin value="US87970HQZ19"/>
          <other otherDesc="CG Symbol" value="FXT136163"/>
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        <balance>1600000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1467692.80</valUSD>
        <pctVal>0.0405051973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>TRANSBAY JOINT POWERS AUTHORITY</name>
        <lei>549300WC0UP8WU8GYU95</lei>
        <title>TRANSBAY JOINT POWERS AUTHORITY TRANSBAY REDEVELOPMENT PROJECT TAX INCREMENT 5.0% 10-01-29</title>
        <cusip>89356CBE5</cusip>
        <identifiers>
          <isin value="US89356CBE57"/>
          <other otherDesc="CG Symbol" value="FXT150892"/>
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        <balance>1280000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1332784.64</valUSD>
        <pctVal>0.0367820192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEJON RANCH PUB FACS FIN AUTH CALIFORIA</name>
        <lei>N/A</lei>
        <title>TEJON RANCH PUBLIC FACILITIES FINANCE AUTHORITY CMNTYY FACS DISTRICT NO 2008-1 5.0% 09-01-54</title>
        <cusip>879083FP3</cusip>
        <identifiers>
          <isin value="US879083FP37"/>
          <other otherDesc="CG Symbol" value="FXT166814"/>
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        <balance>1240000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1240081.84</valUSD>
        <pctVal>0.0342236192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEJON RANCH PUB FACS FIN AUTH CALIFORIA</name>
        <lei>N/A</lei>
        <title>TEJON RANCH PUBLIC FACILITIES FINANCE AUTHORITY CMNTYY FACS DISTRICT NO 2008-1 5.0% 09-01-38</title>
        <cusip>879083FM0</cusip>
        <identifiers>
          <isin value="US879083FM06"/>
          <other otherDesc="CG Symbol" value="FXT166816"/>
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        <balance>1250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1345563.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEMECULA VALLEY UNIFIED SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>TEMECULA VALLEY UNIFIED SCHOOL DISTRICT AG 4.0% 08-01-45</title>
        <cusip>87970GNS2</cusip>
        <identifiers>
          <isin value="US87970GNS20"/>
          <other otherDesc="CG Symbol" value="FXT17914"/>
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        <balance>1400000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1379880.60</valUSD>
        <pctVal>0.0380817675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEMECULA PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>TEMECULA PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO 20-01 5.0% 09-01-44</title>
        <cusip>87972YHQ2</cusip>
        <identifiers>
          <isin value="US87972YHQ26"/>
          <other otherDesc="CG Symbol" value="FXT185389"/>
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        <balance>920000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>947330.44</valUSD>
        <pctVal>0.0261443037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURLOCK IRRIGATION DISTRICT</name>
        <lei>5493001J7IGC81HEQJ12</lei>
        <title>TURLOCK IRRIGATION DISTRICT 5.0% 01-01-36</title>
        <cusip>900190HW2</cusip>
        <identifiers>
          <isin value="US900190HW22"/>
          <other otherDesc="CG Symbol" value="FXT19608"/>
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        <balance>600000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>608452.20</valUSD>
        <pctVal>0.0167919856</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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TWIN RIVERS CALIF UNI SCH</name>
        <lei>N/A</lei>
        <title>TWIN RIVERS UNIFIED SCHOOL DISTRICT AG 0.0% 08-01-41</title>
        <cusip>90171TDG2</cusip>
        <identifiers>
          <isin value="US90171TDG22"/>
          <other otherDesc="CG Symbol" value="FXT19965"/>
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        <balance>7000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3551835.00</valUSD>
        <pctVal>0.0980230858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITY OF THOUSAND OAKS CA COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>CITY OF THOUSAND OAKS CA COMMUNITY FACILITIES DISTRICT NO 1994-1 5.375% 09-01-31</title>
        <cusip>885474BH8</cusip>
        <identifiers>
          <isin value="US885474BH84"/>
          <other otherDesc="CG Symbol" value="FXT490"/>
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        <balance>1895000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1898727.47</valUSD>
        <pctVal>0.0524008367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEMECULA VY CALIF UNI SCH DIST CMNTY FACS DIST</name>
        <lei>N/A</lei>
        <title>TEMECULA VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2014-1 5.0% 09-01-50</title>
        <cusip>87970HMP7</cusip>
        <identifiers>
          <isin value="US87970HMP72"/>
          <other otherDesc="CG Symbol" value="FXT92746"/>
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        <balance>2100000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2105040.00</valUSD>
        <pctVal>0.0580946234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNIVERSITY OF PUERTO RICO</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF PUERTO RICO 5.0% 06-01-26</title>
        <cusip>914811NT7</cusip>
        <identifiers>
          <isin value="US914811NT78"/>
          <other otherDesc="CG Symbol" value="FXU10850"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1499530.50</valUSD>
        <pctVal>0.0413838500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EL CAMINO HOSPITAL LP 5.0% 02-01-42</title>
        <cusip>13032UMH8</cusip>
        <identifiers>
          <isin value="US13032UMH85"/>
          <other otherDesc="CG Symbol" value="FXC73930"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2536317.50</valUSD>
        <pctVal>0.0699969644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>BIOLA UNIVERSITY INC 5.0% 10-01-39</title>
        <cusip>13048TX32</cusip>
        <identifiers>
          <isin value="US13048TX329"/>
          <other otherDesc="CG Symbol" value="FXC74110"/>
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        <balance>615000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>622381.23</valUSD>
        <pctVal>0.0171763972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>BIOLA UNIVERSITY INC 5.0% 10-01-34</title>
        <cusip>13048TW74</cusip>
        <identifiers>
          <isin value="US13048TW743"/>
          <other otherDesc="CG Symbol" value="FXC74113"/>
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        <balance>440000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>447826.72</valUSD>
        <pctVal>0.0123590643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>BIOLA UNIVERSITY INC 5.0% 10-01-33</title>
        <cusip>13048TW66</cusip>
        <identifiers>
          <isin value="US13048TW669"/>
          <other otherDesc="CG Symbol" value="FXC74114"/>
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        <balance>500000.00</balance>
        <units>PA</units>
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        <valUSD>509598.00</valUSD>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FRESNO CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FOOTHILL EASTERN TRANSN CORRIDOR AGY CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GLENDALE COMMUNITY COLLEGE DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GILROY CALIF PUB FACS FING AUTH</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GARDEN GROVE CALIF AGY</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GROSSMONT CALIF UN HIGH SCH DIST</name>
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        <cusip>399262EH3</cusip>
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          <isin value="US399262EH30"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-38</title>
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        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-42</title>
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        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
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        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>JURUPA CALIF CMNTY SVCS DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>JURUPA CALIF CMNTY SVCS DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHAFFEY CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
        <title>CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT 3.0% 08-01-39</title>
        <cusip>157411TD1</cusip>
        <identifiers>
          <isin value="US157411TD13"/>
          <other otherDesc="CG Symbol" value="FXC213897"/>
        </identifiers>
        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>461411.50</valUSD>
        <pctVal>0.0127339753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>MUSEUM ASSOCIATES 3.25% 06-01-33</title>
        <cusip>13034SAL5</cusip>
        <identifiers>
          <isin value="US13034SAL51"/>
          <other otherDesc="CG Symbol" value="FXC213923"/>
        </identifiers>
        <balance>4575000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4562304.38</valUSD>
        <pctVal>0.1259098899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEPARTMENT OF VETERANS AFFAIRS VETERAN'S FARM &amp; HOME PURCHASE PROGRAM</name>
        <lei>N/A</lei>
        <title>DEPARTMENT OF VETERANS AFFAIRS VETERAN'S FARM &amp; HOME PURCHASE PROGRAM 6.25% 12-01-56</title>
        <cusip>130658VF1</cusip>
        <identifiers>
          <isin value="US130658VF16"/>
          <other otherDesc="CG Symbol" value="FXC213971"/>
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        <balance>2280000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2592857.04</valUSD>
        <pctVal>0.0715573353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CARMEL VALLEY MANOR OBLIGATED GROUP CA MTG INS 5.0% 05-15-26</title>
        <cusip>13048VE20</cusip>
        <identifiers>
          <isin value="US13048VE200"/>
          <other otherDesc="CG Symbol" value="FXC214150"/>
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        <balance>110000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110101.42</valUSD>
        <pctVal>0.0030385648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>PILGRIM PLACE IN CLAREMONT CA MTG INS 4.125% 05-15-39</title>
        <cusip>13049RAS5</cusip>
        <identifiers>
          <isin value="US13049RAS58"/>
          <other otherDesc="CG Symbol" value="FXC214317"/>
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        <balance>125000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125419.50</valUSD>
        <pctVal>0.0034613112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CLAY LACY SANTA ANA LLC 6.0% 01-01-55</title>
        <cusip>13048V6W3</cusip>
        <identifiers>
          <isin value="US13048V6W31"/>
          <other otherDesc="CG Symbol" value="FXC214537"/>
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        <balance>1035000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1040961.60</valUSD>
        <pctVal>0.0287283244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT AUTHORITY PACE ASSESSMENTS 5.0% 09-02-40</title>
        <cusip>13080TAZ5</cusip>
        <identifiers>
          <isin value="US13080TAZ57"/>
          <other otherDesc="CG Symbol" value="FXC214542"/>
        </identifiers>
        <balance>265000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>266699.98</valUSD>
        <pctVal>0.0073603518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT AUTHORITY PACE ASSESSMENTS 5.25% 09-02-61</title>
        <cusip>13080TBB7</cusip>
        <identifiers>
          <isin value="US13080TBB70"/>
          <other otherDesc="CG Symbol" value="FXC214543"/>
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        <balance>290000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>288489.68</valUSD>
        <pctVal>0.0079617011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CORE 700 HOTEL VENTURE LLC 6.25% 09-02-61</title>
        <cusip>13081LAD0</cusip>
        <identifiers>
          <isin value="US13081LAD01"/>
          <other otherDesc="CG Symbol" value="FXC214544"/>
        </identifiers>
        <balance>275000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279528.70</valUSD>
        <pctVal>0.0077143971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>ADVENTIST HEALTH SYSTEM 3.0% 03-01-39</title>
        <cusip>13032UGK8</cusip>
        <identifiers>
          <isin value="US13032UGK88"/>
          <other otherDesc="CG Symbol" value="FXC67588"/>
        </identifiers>
        <balance>275000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>235020.78</valUSD>
        <pctVal>0.0064860733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>LANCER EDUCATIONAL HOUSING LLC 4.0% 06-01-26</title>
        <cusip>13080SNL4</cusip>
        <identifiers>
          <isin value="US13080SNL42"/>
          <other otherDesc="CG Symbol" value="FXC69818"/>
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        <balance>740000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>740042.18</valUSD>
        <pctVal>0.0204235890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>SAN JOSE WATER CO 4.75% 11-01-46</title>
        <cusip>13053CAD4</cusip>
        <identifiers>
          <isin value="US13053CAD48"/>
          <other otherDesc="CG Symbol" value="FXC70179"/>
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        <balance>11475000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11451682.80</valUSD>
        <pctVal>0.3160420701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH</name>
        <lei>N/A</lei>
        <title>HENRY MAYO NEWHALL HOSPITAL OBLIGATED GROUP 5.0% 10-15-47</title>
        <cusip>13057EAL8</cusip>
        <identifiers>
          <isin value="US13057EAL83"/>
          <other otherDesc="CG Symbol" value="FXC71228"/>
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        <balance>4025000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4013073.93</valUSD>
        <pctVal>0.1107522985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH</name>
        <lei>N/A</lei>
        <title>HENRY MAYO NEWHALL HOSPITAL OBLIGATED GROUP 5.0% 10-15-37</title>
        <cusip>13057EAK0</cusip>
        <identifiers>
          <isin value="US13057EAK01"/>
          <other otherDesc="CG Symbol" value="FXC71229"/>
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        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2005496.00</valUSD>
        <pctVal>0.0553474209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>EISENHOWER MEDICAL CENTER 5.0% 07-01-42</title>
        <cusip>13048T5G4</cusip>
        <identifiers>
          <isin value="US13048T5G44"/>
          <other otherDesc="CG Symbol" value="FXC75853"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006321.00</valUSD>
        <pctVal>0.0277723176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>HIGH TECH HIGH 5.0% 07-01-37</title>
        <cusip>13059TEE5</cusip>
        <identifiers>
          <isin value="US13059TEE55"/>
          <other otherDesc="CG Symbol" value="FXC75916"/>
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        <balance>1455000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1463695.08</valUSD>
        <pctVal>0.0403948687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
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          <isin value="US344630QX94"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FOOTHILL EASTERN TRANSN CORRIDOR AGY CALIF</name>
        <lei>N/A</lei>
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        <cusip>345105GT1</cusip>
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          <isin value="US345105GT12"/>
          <other otherDesc="CG Symbol" value="FXF78277"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 31 5.0% 09-01-34</title>
        <cusip>344630UK2</cusip>
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          <isin value="US344630UK28"/>
          <other otherDesc="CG Symbol" value="FXF91350"/>
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        <curCd>USD</curCd>
        <valUSD>1285594.39</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>FAIRFIELD-SUISUN CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>FAIRFIELD-SUISUN UNIFIED SCHOOL DISTRICT 4.0% 08-01-41</title>
        <cusip>304747HF8</cusip>
        <identifiers>
          <isin value="US304747HF83"/>
          <other otherDesc="CG Symbol" value="FXF93232"/>
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        <balance>5760000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5779457.28</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOLSOM CORDOVA CALIF UNI SCH DIST SCH FACS IMPT DIST NO 1</name>
        <lei>N/A</lei>
        <title>FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT SCHOOL FACILITIES IMPT DIST NO 1 NATL 0.0% 10-01-26</title>
        <cusip>34440NDV5</cusip>
        <identifiers>
          <isin value="US34440NDV55"/>
          <other otherDesc="CG Symbol" value="FXF97256"/>
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        <curCd>USD</curCd>
        <valUSD>989559.00</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>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FHLMC MULTIFAMILY VRD CERTIFICATES</name>
        <lei>N/A</lei>
        <title>FHLMC MULTIFAMILY VRD CERTIFICATES 3.05% 04-15-34</title>
        <cusip>31350ACJ5</cusip>
        <identifiers>
          <isin value="US31350ACJ51"/>
          <other otherDesc="CG Symbol" value="FXF98860"/>
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        <balance>1750000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1587687.50</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.050000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GUAM (TERRITORY OF)</name>
        <lei>N/A</lei>
        <title>TERRITORY OF GUAM 5.0% 11-15-31</title>
        <cusip>40065BCQ4</cusip>
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          <isin value="US40065BCQ41"/>
          <other otherDesc="CG Symbol" value="FXG102043"/>
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        <balance>1695000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1770719.04</valUSD>
        <pctVal>0.0488680765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DISTRICT NO 2017-1 AREA NO 1 5.0% 09-01-31</title>
        <cusip>38130TAM1</cusip>
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          <isin value="US38130TAM18"/>
          <other otherDesc="CG Symbol" value="FXG103833"/>
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        <curCd>USD</curCd>
        <valUSD>155054.85</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DISTRICT NO 2017-1 AREA NO 1 5.0% 09-01-49</title>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DISTRICT NO 2017-1 AREA NO 1 5.0% 09-01-44</title>
        <cusip>38130TAW9</cusip>
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          <other otherDesc="CG Symbol" value="FXG103835"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DISTRICT NO 2017-1 AREA NO 1 5.0% 09-01-32</title>
        <cusip>38130TAN9</cusip>
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          <other otherDesc="CG Symbol" value="FXG103854"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GUAM (TERRITORY OF)</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GUAM (TERRITORY OF)</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GUAM (TERRITORY OF)</name>
        <lei>N/A</lei>
        <title>TERRITORY OF GUAM 5.0% 01-01-29</title>
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          <isin value="US40065NCM74"/>
          <other otherDesc="CG Symbol" value="FXG123235"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2087640.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN VY UNI SCH DIST FING AUTH</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2017-1 4.0% 09-01-56</title>
        <cusip>38131AAY5</cusip>
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        <valUSD>841614.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MOUNTAIN VIEW CALIF SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US624403GY12"/>
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        <curCd>USD</curCd>
        <valUSD>2700622.40</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORENO VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITY OF EL PASO ROBLES CA</name>
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          <isin value="US70262AAN37"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CITY OF EL PASO ROBLES CA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP 0.0% 08-01-36</title>
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          <isin value="US69753RDD35"/>
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        <curCd>USD</curCd>
        <valUSD>5821.43</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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          <isin value="US74529JQG30"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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          <isin value="US74529JPW98"/>
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        <curCd>USD</curCd>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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          <isin value="US74529JQH13"/>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
        <lei>N/A</lei>
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          <isin value="US76827QEM15"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ROMOLAND SCH DIST CALIF</name>
        <lei>N/A</lei>
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        <valUSD>544946.05</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROMOLAND SCH DIST CALIF</name>
        <lei>N/A</lei>
        <title>ROMOLAND SCHOOL DISTRICT 4.0% 09-01-45</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF REDDING CA WASTEWATER SYSTEM REVENUE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <title>ODD FELLOWS HOME OF CALIFORNIA CA MTG INS 5.0% 04-01-38</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>ODD FELLOWS HOME OF CALIFORNIA CA MTG INS 5.0% 04-01-37</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF REDDING CA WASTEWATER SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>CITY OF REDDING CA WASTEWATER SYSTEM REVENUE 5.0% 06-01-33</title>
        <cusip>757313AN1</cusip>
        <identifiers>
          <isin value="US757313AN18"/>
          <other otherDesc="CG Symbol" value="FXR116728"/>
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        <balance>465000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511548.83</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>RIVERSIDE CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>RIVERSIDE UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 33 4.0% 09-01-45</title>
        <cusip>769069Q32</cusip>
        <identifiers>
          <isin value="US769069Q322"/>
          <other otherDesc="CG Symbol" value="FXR120528"/>
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        <balance>375000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346445.25</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>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>ODD FELLOWS HOME OF CALIFORNIA CA MTG INS 4.125% 04-01-53</title>
        <cusip>13080SP99</cusip>
        <identifiers>
          <isin value="US13080SP999"/>
          <other otherDesc="CG Symbol" value="FXC152384"/>
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        <balance>700000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>656903.10</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>2053-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 02-01-54</title>
        <cusip>13013JDB9</cusip>
        <identifiers>
          <isin value="US13013JDB98"/>
          <other otherDesc="CG Symbol" value="FXC152973"/>
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        <balance>8305000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8774988.26</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>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (MPT) 3.7% 08-01-40</title>
        <cusip>13055JAC9</cusip>
        <identifiers>
          <isin value="US13055JAC99"/>
          <other otherDesc="CG Symbol" value="FXC152977"/>
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        <balance>4490000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4560439.12</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>PIH HEALTH INC OBLIGATED GROUP BAM-TCRS 3.0% 06-01-47</title>
        <cusip>13032UE53</cusip>
        <identifiers>
          <isin value="US13032UE537"/>
          <other otherDesc="CG Symbol" value="FXC154015"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2632266.18</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 4.0% 09-01-43</title>
        <cusip>13063D5S3</cusip>
        <identifiers>
          <isin value="US13063D5S35"/>
          <other otherDesc="CG Symbol" value="FXC154062"/>
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        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2015772.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>REPUBLIC SERVICES INC (MPT) 4.375% 09-01-53</title>
        <cusip>13048RAM9</cusip>
        <identifiers>
          <isin value="US13048RAM97"/>
          <other otherDesc="CG Symbol" value="FXC154340"/>
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        <balance>15020000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15629196.18</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>ST MARY'S COLLEGE OF CALIFORNIA 5.25% 10-01-44</title>
        <cusip>130179VH4</cusip>
        <identifiers>
          <isin value="US130179VH48"/>
          <other otherDesc="CG Symbol" value="FXC156600"/>
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        <balance>520000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524142.32</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>ST MARY'S COLLEGE OF CALIFORNIA 5.5% 10-01-53</title>
        <cusip>130179VJ0</cusip>
        <identifiers>
          <isin value="US130179VJ04"/>
          <other otherDesc="CG Symbol" value="FXC156603"/>
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        <balance>5815000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5718308.18</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.0% 09-01-31</title>
        <cusip>13063D7Q5</cusip>
        <identifiers>
          <isin value="US13063D7Q50"/>
          <other otherDesc="CG Symbol" value="FXC156739"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1115428.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUERTO RICO COMMONWEALTH OF (GOVERNMENT)</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51</title>
        <cusip>74514L4C8</cusip>
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          <isin value="US74514L4C84"/>
          <other otherDesc="CG Symbol" value="FXC157054"/>
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        <balance>22782631.81</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15805450.82</valUSD>
        <pctVal>0.4361968004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.25% 11-01-54</title>
        <cusip>13013JDG8</cusip>
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          <isin value="US13013JDG85"/>
          <other otherDesc="CG Symbol" value="FXC157607"/>
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        <balance>8965000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9496328.66</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2023C 5.0% 09-01-43</title>
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          <other otherDesc="CG Symbol" value="FXC157935"/>
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        <curCd>USD</curCd>
        <valUSD>1816033.12</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RIVERSIDE CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>RIVERSIDE UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 33 4.0% 09-01-50</title>
        <cusip>769069Q40</cusip>
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          <isin value="US769069Q405"/>
          <other otherDesc="CG Symbol" value="FXR120529"/>
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        <balance>600000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524714.40</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RANCHO MIRAGE COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>CITY OF RANCHO MIRAGE CA COMMUNITY FACILITIES DISTRICT NO 4B 4.0% 09-01-51</title>
        <cusip>75213WBV5</cusip>
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          <isin value="US75213WBV54"/>
          <other otherDesc="CG Symbol" value="FXR121901"/>
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        <balance>550000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>468926.70</valUSD>
        <pctVal>0.0129413788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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          <isin value="US130179PJ77"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROSEVILLE CALIF</name>
        <lei>549300OH100KESVPND17</lei>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ROSEVILLE CALIF</name>
        <lei>549300OH100KESVPND17</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>LARCHMONT SCHOOLS 5.0% 06-01-55</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>ADVENTIST HEALTH SYSTEM 5.0% 03-01-35</title>
        <cusip>13080SWE0</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>ADVENTIST HEALTH SYSTEM 3.5% 03-01-38</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>LOMA LINDA UNIVERSITY MEDICAL CENTER OBLIGATED GROUP 5.25% 12-01-44</title>
        <cusip>13080SEW0</cusip>
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          <other otherDesc="CG Symbol" value="FXC9412"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMPTON COMMUNITY COLLEGE DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US13058TGZ75"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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          <isin value="US13049YCJ82"/>
          <other otherDesc="CG Symbol" value="FXC96130"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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          <other otherDesc="CG Symbol" value="FXC96131"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROSEVILLE CALIF</name>
        <lei>549300OH100KESVPND17</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>549300OH100KESVPND17</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CNTY CA FACS INC LEASE REVENUE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PERRIS CALIF UN HIGH SCH DIST</name>
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        <invCountry>US</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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        <isRestrictedSec>N</isRestrictedSec>
        
        <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>SAN DIEGO CALIF HSG AUTH</name>
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        <name>STOCKTON CALIF UNI SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COUNTY OF SAN DIEGO CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COUNTY OF SAN DIEGO CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COUNTY OF SAN DIEGO CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COUNTY OF SAN DIEGO CA</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>STOCKTON CALIF PUB FING AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SACRAMENTO CNTY CALIF ARPT SYS REV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SANTA MONICA REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <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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          <isin value="US919259CP40"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VAL VERDE UNIFIED SCHOOL DISTRICT</name>
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          <isin value="US91882RJS22"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VAL VERDE UNIFIED SCHOOL DISTRICT</name>
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          <isin value="US91882RJR49"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VICTOR VALLEY CALIF UN HIGH SCH DIST</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>VAL VERDE UNIFIED SCHOOL DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VENTURA CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>VENTURA UNIFIED SCHOOL DISTRICT 5.25% 08-01-55</title>
        <cusip>923004UL7</cusip>
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          <isin value="US923004UL75"/>
          <other otherDesc="CG Symbol" value="FXV196602"/>
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        <balance>5000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5299390.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF VACAVILLE CA</name>
        <lei>N/A</lei>
        <title>CITY OF VACAVILLE CA-COMMUNITY FACILITIES DISTRICT NO 13 IMPROVEMENT AREA 1 5.25% 09-01-55</title>
        <cusip>918581CH0</cusip>
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          <isin value="US918581CH09"/>
          <other otherDesc="CG Symbol" value="FXV197818"/>
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        <balance>1475000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1487943.13</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF VACAVILLE CA</name>
        <lei>N/A</lei>
        <title>CITY OF VACAVILLE CA-COMMUNITY FACILITIES DISTRICT NO 13 IMPROVEMENT AREA 1 5.0% 09-01-45</title>
        <cusip>918581CF4</cusip>
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          <isin value="US918581CF43"/>
          <other otherDesc="CG Symbol" value="FXV197820"/>
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        <curCd>USD</curCd>
        <valUSD>820293.48</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF VACAVILLE CA</name>
        <lei>N/A</lei>
        <title>CITY OF VACAVILLE CA-COMMUNITY FACILITIES DISTRICT NO 13 IMPROVEMENT AREA 1 5.125% 09-01-50</title>
        <cusip>918581CG2</cusip>
        <identifiers>
          <isin value="US918581CG26"/>
          <other otherDesc="CG Symbol" value="FXV197822"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1252500.00</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>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEST SACRAMENTO CALIF FING AUTH</name>
        <lei>N/A</lei>
        <title>WEST SACRAMENTO FINANCING AUTHORITY AG 5.0% 09-01-26</title>
        <cusip>955641DC6</cusip>
        <identifiers>
          <isin value="US955641DC60"/>
          <other otherDesc="CG Symbol" value="FXW105310"/>
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        <balance>80000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80424.48</valUSD>
        <pctVal>0.0022195445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WEST CONTRA COSTA CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT AG 4.0% 08-01-49</title>
        <cusip>9523474L3</cusip>
        <identifiers>
          <isin value="US9523474L36"/>
          <other otherDesc="CG Symbol" value="FXW111280"/>
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        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1906958.00</valUSD>
        <pctVal>0.0526279818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EL RANCHO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>EL RANCHO UNIFIED SCHOOL DISTRICT BAM 5.75% 08-01-48</title>
        <cusip>283839F60</cusip>
        <identifiers>
          <isin value="US283839F609"/>
          <other otherDesc="CG Symbol" value="FXE156654"/>
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        <balance>850000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>945013.85</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>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST BAY MUNICIPAL UTILITY DISTRICT WASTEWATER SYSTEM</name>
        <lei>N/A</lei>
        <title>EAST BAY MUNICIPAL UTILITY DISTRICT WASTEWATER SYSTEM REVENUE 5.0% 06-01-54</title>
        <cusip>271012HG4</cusip>
        <identifiers>
          <isin value="US271012HG40"/>
          <other otherDesc="CG Symbol" value="FXE160107"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1576660.50</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>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ESCONDIDO CALIF UNION HIGH SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>ESCONDIDO UNION HIGH SCHOOL DISTRICT AG 0.0% 08-01-27</title>
        <cusip>296353KS3</cusip>
        <identifiers>
          <isin value="US296353KS37"/>
          <other otherDesc="CG Symbol" value="FXE160968"/>
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        <balance>5385000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5217122.63</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>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 5.0% 09-01-39</title>
        <cusip>287254HT6</cusip>
        <identifiers>
          <isin value="US287254HT63"/>
          <other otherDesc="CG Symbol" value="FXE184277"/>
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        <balance>1055000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1109163.70</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 5.0% 09-01-51</title>
        <cusip>287254HV1</cusip>
        <identifiers>
          <isin value="US287254HV10"/>
          <other otherDesc="CG Symbol" value="FXE184280"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2016700.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 5.0% 09-01-44</title>
        <cusip>287254HU3</cusip>
        <identifiers>
          <isin value="US287254HU37"/>
          <other otherDesc="CG Symbol" value="FXE184281"/>
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        <balance>1195000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1237028.15</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERN MUN WTR DIST CALIF</name>
        <lei>549300ZCFVRFDIRWK089</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT FRN 07-01-46</title>
        <cusip>27627TCH3</cusip>
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          <isin value="US27627TCH32"/>
          <other otherDesc="CG Symbol" value="FXE187908"/>
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        <curCd>USD</curCd>
        <valUSD>1300000.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 4.0% 09-01-32</title>
        <cusip>287254DX1</cusip>
        <identifiers>
          <isin value="US287254DX12"/>
          <other otherDesc="CG Symbol" value="FXE18912"/>
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        <balance>2500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2500240.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>EL RANCHO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>EL RANCHO UNIFIED SCHOOL DISTRICT 0.0% 08-01-28</title>
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          <isin value="US283839F781"/>
          <other otherDesc="CG Symbol" value="FXE190357"/>
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        <balance>3000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2821290.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 2018-80 5.0% 09-01-45</title>
        <cusip>27627M5R4</cusip>
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          <isin value="US27627M5R41"/>
          <other otherDesc="CG Symbol" value="FXE191765"/>
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        <balance>1135000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1160668.03</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 2018-80 5.0% 09-01-54</title>
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          <other otherDesc="CG Symbol" value="FXE191768"/>
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        <curCd>USD</curCd>
        <valUSD>1307127.90</valUSD>
        <pctVal>0.0360739478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY CMNTY FACS DIST NO 2021- 5.0% 09-01-52</title>
        <cusip>13077EMT4</cusip>
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          <isin value="US13077EMT46"/>
          <other otherDesc="CG Symbol" value="FXC139966"/>
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        <curCd>USD</curCd>
        <valUSD>502951.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 2018-80 5.0% 09-01-50</title>
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          <other otherDesc="CG Symbol" value="FXE191770"/>
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        <curCd>USD</curCd>
        <valUSD>509528.34</valUSD>
        <pctVal>0.0140618976</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>EL MONTE CALIF CITY SCH DIST</name>
        <lei>N/A</lei>
        <title>EL MONTE CITY SCHOOL DISTRICT AG 4.125% 08-01-55</title>
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        <identifiers>
          <isin value="US283309QU97"/>
          <other otherDesc="CG Symbol" value="FXE210942"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1960652.00</valUSD>
        <pctVal>0.0541098219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY CMNTY FACS DIST NO 2021- 4.25% 09-01-37</title>
        <cusip>13077EMR8</cusip>
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          <isin value="US13077EMR89"/>
          <other otherDesc="CG Symbol" value="FXC139967"/>
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        <curCd>USD</curCd>
        <valUSD>1262743.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA BAPTIST UNIVERSITY 5.375% 11-01-40</title>
        <cusip>13048TWL3</cusip>
        <identifiers>
          <isin value="US13048TWL33"/>
          <other otherDesc="CG Symbol" value="FXC14097"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2336230.55</valUSD>
        <pctVal>0.0644749905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EL MONTE CALIF CITY SCH DIST</name>
        <lei>N/A</lei>
        <title>EL MONTE CITY SCHOOL DISTRICT AG 5.0% 08-01-46</title>
        <cusip>283309RQ7</cusip>
        <identifiers>
          <isin value="US283309RQ76"/>
          <other otherDesc="CG Symbol" value="FXE210946"/>
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        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>546996.50</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST BAY MUNICIPAL UTILITY DISTRICT WATER SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>EAST BAY MUNICIPAL UTILITY DISTRICT WATER SYSTEM REVENUE 5.0% 06-01-51</title>
        <cusip>271014X80</cusip>
        <identifiers>
          <isin value="US271014X804"/>
          <other otherDesc="CG Symbol" value="FXE213341"/>
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        <balance>2535000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2724656.03</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA BAPTIST UNIVERSITY 5.5% 11-01-45</title>
        <cusip>13048TWM1</cusip>
        <identifiers>
          <isin value="US13048TWM16"/>
          <other otherDesc="CG Symbol" value="FXC14098"/>
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        <balance>2800000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2800453.60</valUSD>
        <pctVal>0.0772865585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF REDLANDS 5.0% 10-01-52</title>
        <cusip>130179UR3</cusip>
        <identifiers>
          <isin value="US130179UR39"/>
          <other otherDesc="CG Symbol" value="FXC141192"/>
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        <balance>4210000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4131555.07</valUSD>
        <pctVal>0.1140221258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF REDLANDS 5.0% 10-01-44</title>
        <cusip>130179UQ5</cusip>
        <identifiers>
          <isin value="US130179UQ55"/>
          <other otherDesc="CG Symbol" value="FXC141193"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1520590.50</valUSD>
        <pctVal>0.0419650612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>DEL HARBOR FOUNDATION 5.0% 11-01-32</title>
        <cusip>13048TYA5</cusip>
        <identifiers>
          <isin value="US13048TYA59"/>
          <other otherDesc="CG Symbol" value="FXC14194"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1502199.00</valUSD>
        <pctVal>0.0414574949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>DEL HARBOR FOUNDATION 5.0% 11-01-39</title>
        <cusip>13048TYB3</cusip>
        <identifiers>
          <isin value="US13048TYB33"/>
          <other otherDesc="CG Symbol" value="FXC14195"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001136.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.5% 12-01-52</title>
        <cusip>13063DZ43</cusip>
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          <isin value="US13063DZ434"/>
          <other otherDesc="CG Symbol" value="FXC142617"/>
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        <balance>4115000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4312482.97</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41</title>
        <cusip>13048RAL1</cusip>
        <identifiers>
          <isin value="US13048RAL15"/>
          <other otherDesc="CG Symbol" value="FXC142656"/>
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        <balance>8460000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8511352.20</valUSD>
        <pctVal>0.2348952041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DEPARTMENT OF VETERANS AFFAIRS VETERAN'S FARM &amp; HOME PURCHASE PROGRAM</name>
        <lei>N/A</lei>
        <title>DEPARTMENT OF VETERANS AFFAIRS VETERAN'S FARM &amp; HOME PURCHASE PROGRAM 5.5% 12-01-52</title>
        <cusip>130658ST5</cusip>
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          <isin value="US130658ST56"/>
          <other otherDesc="CG Symbol" value="FXC143116"/>
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        <balance>2475000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2613733.65</valUSD>
        <pctVal>0.0721334853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP AG 5.25% 11-01-36</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING 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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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <cusip>13080SV35</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>EL CAMINO CALIF HEALTHCARE DIS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 5.0% 09-01-33</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 5.0% 09-02-44</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 95 4.5% 09-01-42</title>
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        <valUSD>1005822.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
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        <cusip>344630A73</cusip>
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          <isin value="US344630A733"/>
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        <curCd>USD</curCd>
        <valUSD>176098.30</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
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          <isin value="US344630B640"/>
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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>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>INGLEWOOD CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>INGLEWOOD UNIFIED SCHOOL DISTRICT BAM 5.0% 08-01-29</title>
        <cusip>457110KZ6</cusip>
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          <isin value="US457110KZ63"/>
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        <curCd>USD</curCd>
        <valUSD>231521.22</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>PATTERSON JOINT UNIFIED SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>PATTERSON JOINT UNIFIED SCHOOL DISTRICT BAM 5.0% 08-01-55</title>
        <cusip>703373JJ0</cusip>
        <identifiers>
          <isin value="US703373JJ08"/>
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        <balance>3500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3638313.00</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>2055-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INGLEWOOD CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>INGLEWOOD UNIFIED SCHOOL DISTRICT BAM 5.0% 08-01-38</title>
        <cusip>457110LJ1</cusip>
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          <isin value="US457110LJ13"/>
          <other otherDesc="CG Symbol" value="FXI93012"/>
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        <balance>650000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>652757.30</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INGLEWOOD CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>INGLEWOOD UNIFIED SCHOOL DISTRICT BAM 5.0% 08-01-36</title>
        <cusip>457110LG7</cusip>
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          <isin value="US457110LG73"/>
          <other otherDesc="CG Symbol" value="FXI93013"/>
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        <balance>800000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>803756.80</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITY OF EL PASO ROBLES CA</name>
        <lei>N/A</lei>
        <title>CITY OF PASO ROBLES CA COMMUNITY FACILITIES DISTRICT NO 2022-1N IMPT AREA NO 1 5.0% 09-01-60</title>
        <cusip>70262AAH6</cusip>
        <identifiers>
          <isin value="US70262AAH68"/>
          <other otherDesc="CG Symbol" value="FXP207601"/>
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        <balance>2330000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2243978.73</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>2060-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITY OF EL PASO ROBLES CA</name>
        <lei>N/A</lei>
        <title>CITY OF PASO ROBLES CA COMMUNITY FACILITIES DISTRICT NO 2022-1N IMPT AREA NO 1 5.0% 09-01-46</title>
        <cusip>70262AAE3</cusip>
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          <isin value="US70262AAE38"/>
          <other otherDesc="CG Symbol" value="FXP207602"/>
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        <balance>1530000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1543759.29</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP 5.0% 11-01-42</title>
        <cusip>697528AU1</cusip>
        <identifiers>
          <isin value="US697528AU18"/>
          <other otherDesc="CG Symbol" value="FXP82487"/>
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        <balance>135000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>129825.45</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PERRIS CA JOINT POWERS AUTHORITY</name>
        <lei>549300YM04SQ63RR8P86</lei>
        <title>PERRIS JOINT POWERS AUTHORITY 5.0% 09-01-37</title>
        <cusip>714376NV8</cusip>
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          <isin value="US714376NV83"/>
          <other otherDesc="CG Symbol" value="FXP88676"/>
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        <balance>1325000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1343947.50</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 08-01-55</title>
        <cusip>13013JEB8</cusip>
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          <isin value="US13013JEB89"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2022-8 5.0% 09-01-49</title>
        <cusip>13051AJQ2</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2022-8 5.0% 09-01-54</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <cusip>13051AJP4</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PENINSULA CORRIDOR JT PWRS BRD CALIF</name>
        <lei>549300EWZ3063STMF882</lei>
        <title>PENINSULA CORRIDOR JOINT POWERS BOARD 5.0% 10-01-49</title>
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        <curCd>USD</curCd>
        <valUSD>8060045.10</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROMOLAND SCH DIST CALIF</name>
        <lei>N/A</lei>
        <title>ROMOLAND SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 91-1 5.0% 09-01-27</title>
        <cusip>776192QC3</cusip>
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        <balance>250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>257141.00</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROMOLAND SCH DIST CALIF</name>
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        <cusip>776192PR1</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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          <isin value="US13013JHJ88"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2025D 5.0% 09-01-40</title>
        <cusip>13051APZ5</cusip>
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          <isin value="US13051APZ56"/>
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        <curCd>USD</curCd>
        <valUSD>570508.95</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ROSEVILLE CALIF</name>
        <lei>549300OH100KESVPND17</lei>
        <title>CITY OF ROSEVILLE CA FOUNTAINS COMMUNITY FACILITIES DISTRICT NO 1 5.0% 09-01-38</title>
        <cusip>777870XD3</cusip>
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          <isin value="US777870XD32"/>
          <other otherDesc="CG Symbol" value="FXR97639"/>
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        <curCd>USD</curCd>
        <valUSD>1654999.50</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
        <lei>N/A</lei>
        <title>RIVER ISLANDS PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2003- 5.0% 09-01-43</title>
        <cusip>76827QDV2</cusip>
        <identifiers>
          <isin value="US76827QDV23"/>
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        <curCd>USD</curCd>
        <valUSD>3078977.15</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2025D 5.0% 09-01-50</title>
        <cusip>13051AQB7</cusip>
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          <isin value="US13051AQB79"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>WASTE MANAGEMENT INC (MPT) 3.45% 12-01-44</title>
        <cusip>13048RAF4</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>ROCKETSHIP EDUCATION OBLIGATED GROUP 5.0% 06-01-47</title>
        <cusip>13058TFZ8</cusip>
        <identifiers>
          <isin value="US13058TFZ84"/>
          <other otherDesc="CG Symbol" value="FXC82033"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>ROCKETSHIP EDUCATION OBLIGATED GROUP 5.0% 06-01-30</title>
        <cusip>13058TFX3</cusip>
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          <isin value="US13058TFX37"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
        <lei>N/A</lei>
        <title>RIVER ISLANDS PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2003- 5.0% 09-01-48</title>
        <cusip>76827QDX8</cusip>
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          <isin value="US76827QDX88"/>
          <other otherDesc="CG Symbol" value="FXR98027"/>
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        <balance>6000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5992344.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN JACINTO CALIF FING AUTH</name>
        <lei>N/A</lei>
        <title>SAN JACINTO UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2003-2 5.0% 09-01-31</title>
        <cusip>797860BH5</cusip>
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          <isin value="US797860BH59"/>
          <other otherDesc="CG Symbol" value="FXS100111"/>
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        <balance>550000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>568723.65</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>COTATI-ROHNERT PK CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>COTATI-ROHNERT PARK UNIFIED SCHOOL DISTRICT BAM 4.0% 08-01-43</title>
        <cusip>221623YJ4</cusip>
        <identifiers>
          <isin value="US221623YJ42"/>
          <other otherDesc="CG Symbol" value="FXC82166"/>
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        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2001236.00</valUSD>
        <pctVal>0.0552298539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>RIVER SPRINGS CHARTER SCHOOL INC 5.0% 07-01-47</title>
        <cusip>130591BB5</cusip>
        <identifiers>
          <isin value="US130591BB55"/>
          <other otherDesc="CG Symbol" value="FXC82394"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>953008.00</valUSD>
        <pctVal>0.0263009923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
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        <name>SAN JACINTO CALIF FING AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US130591BA72"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US130591AZ33"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN JACINTO CALIF FING AUTH</name>
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        <cusip>797860BK8</cusip>
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          <isin value="US797860BK88"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
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        <title>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1 5.0% 09-01-49</title>
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          <isin value="US802835AV03"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>CLASSICAL ACADEMY OBLIGATED GROUP 5.0% 10-01-44</title>
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          <isin value="US13058TGL89"/>
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        <balance>3805000.00</balance>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
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          <isin value="US13058TGK07"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
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          <isin value="US802835AN86"/>
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        <curCd>USD</curCd>
        <valUSD>361823.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
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          <isin value="US802835AJ74"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LONG BEACH CALIF CMNTY COLLEGE DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA SCH FIN AUTH</name>
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      <invstOrSec>
        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
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        <title>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1 5.0% 09-01-27</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AIRPORT COMMISSION OF THE CITY AND COUNTY OF SAN FRANCISCO</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>SANTA MONICA-MALIBU UNI SCH DIST CALIF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN DIEGO REG AIRPORT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN DIEGO REG AIRPORT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN FRANCISCO CALIF CITY &amp; CNTY PUB UTILS COMMN</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <fairValLevel>2</fairValLevel>
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        <name>SANTA ANA CALIF UNI SCH DIST</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>MOORPARK CALIF UNI SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SACRAMENTO CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNIVERSITY OF CALIFORNIA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF MENIFEE CALIFORNIA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNIVERSITY OF CALIFORNIA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WEST PATTERSON CALIF FING AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WEST PATTERSON CALIF FING AUTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH</name>
        <lei>N/A</lei>
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          <isin value="US62719TCA43"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WHITTIER CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US966782SQ89"/>
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        <curCd>USD</curCd>
        <valUSD>1639844.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WASHINGTON TWP CALIF HEALTH CARE DIST</name>
        <lei>N/A</lei>
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        <cusip>940642GF2</cusip>
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          <isin value="US940642GF24"/>
          <other otherDesc="CG Symbol" value="FXW153930"/>
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        <curCd>USD</curCd>
        <valUSD>538394.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH</name>
        <lei>N/A</lei>
        <title>MURRIETA VALLEY UNIFIED SCHOOL DISTRICT PUBLIC FINANCING AUTHORITY 5.0% 09-01-27</title>
        <cusip>62719TBY3</cusip>
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          <isin value="US62719TBY38"/>
          <other otherDesc="CG Symbol" value="FXM18191"/>
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        <curCd>USD</curCd>
        <valUSD>301885.50</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>MURRIETA VY CALIF UNI SCH DIST PUB FING AUTH</name>
        <lei>N/A</lei>
        <title>MURRIETA VALLEY UNIFIED SCHOOL DISTRICT PUBLIC FINANCING AUTHORITY 5.0% 09-01-26</title>
        <cusip>62719TBX5</cusip>
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          <isin value="US62719TBX54"/>
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        <curCd>USD</curCd>
        <valUSD>402510.40</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WASHINGTON TWP CALIF HEALTH CARE DIST</name>
        <lei>N/A</lei>
        <title>WASHINGTON TOWNSHIP HEALTH CARE DISTRICT 5.25% 08-01-48</title>
        <cusip>940642GE5</cusip>
        <identifiers>
          <isin value="US940642GE58"/>
          <other otherDesc="CG Symbol" value="FXW153931"/>
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        <curCd>USD</curCd>
        <valUSD>1221517.13</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WHITTIER CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
        <title>WHITTIER UNION HIGH SCHOOL DISTRICT 3.0% 08-01-46</title>
        <cusip>966782TF1</cusip>
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          <isin value="US966782TF16"/>
          <other otherDesc="CG Symbol" value="FXW161044"/>
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        <balance>6900000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5524533.30</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>WESTERN RIVERSIDE WTR &amp; WASTEWATER FING AUTH CALIF</name>
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        <cusip>95942TFG7</cusip>
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          <isin value="US95942TFG76"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>WESTERN RIVERSIDE WTR &amp; WASTEWATER FING AUTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WEST CONTRA COSTA CALIF UNI SCH DIST</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WESTMINSTER CALIF REDEV AGY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WILLIAM S HART CALIF UN HIGH SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WESTERN RIVERSIDE WTR &amp; WASTEWATER FING AUTH CALIF</name>
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        <title>WESTERN RIVERSIDE WATER &amp; WASTEWATER FINANCING AUTHORITY 5.0% 09-01-42</title>
        <cusip>95942TGM3</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITY OF LINCOLN CA</name>
        <lei>N/A</lei>
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        <valUSD>491734.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isin value="US544532FP42"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LAMMERSVILLE JOINT UNIFIED SCHOOL DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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          <isin value="US544532RM82"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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          <isin value="US544532RT36"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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          <isin value="US544532RH97"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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          <isin value="US544532FR08"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
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          <isin value="US69753RCV42"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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          <isin value="US544532RN65"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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          <isin value="US544532RK27"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PASADENA CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
        <lei>N/A</lei>
        <title>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS 5.0% 05-15-33</title>
        <cusip>544445P94</cusip>
        <identifiers>
          <isin value="US544445P948"/>
          <other otherDesc="CG Symbol" value="FXL210025"/>
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        <balance>530000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>584716.67</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALMDALE CALIF CMNTY REDEV AGY</name>
        <lei>N/A</lei>
        <title>PALMDALE CA REDEV AGY TAL NATL 16B 5.0% 09-01-32</title>
        <cusip>69672FBL1</cusip>
        <identifiers>
          <isin value="US69672FBL13"/>
          <other otherDesc="CG Symbol" value="FXP17741"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1007006.00</valUSD>
        <pctVal>0.0277912222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>POWAY CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>POWAY UNIFIED SCHOOL DISTRICT FACILITIES IMPROVEMENT DISTRICT NO 2007-1 0.0% 08-01-35</title>
        <cusip>738850RA6</cusip>
        <identifiers>
          <isin value="US738850RA62"/>
          <other otherDesc="CG Symbol" value="FXP17819"/>
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        <balance>3500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2608305.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PASADENA PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CITY OF PASADENA CA 0.0% 06-01-41</title>
        <cusip>702274DL2</cusip>
        <identifiers>
          <isin value="US702274DL28"/>
          <other otherDesc="CG Symbol" value="FXP185594"/>
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        <balance>625000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>335031.88</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</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>PASADENA PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CITY OF PASADENA CA 0.0% 06-01-42</title>
        <cusip>702274DM0</cusip>
        <identifiers>
          <isin value="US702274DM01"/>
          <other otherDesc="CG Symbol" value="FXP185595"/>
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        <balance>985000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>498531.16</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTEBELLO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>MONTEBELLO CA USD 16A 5.0% 08-01-34</title>
        <cusip>612289SZ2</cusip>
        <identifiers>
          <isin value="US612289SZ29"/>
          <other otherDesc="CG Symbol" value="FXM70137"/>
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        <balance>1095000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1101550.29</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MONTEBELLO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>MONTEBELLO UNIFIED SCHOOL DISTRICT 5.0% 08-01-33</title>
        <cusip>612289RN0</cusip>
        <identifiers>
          <isin value="US612289RN08"/>
          <other otherDesc="CG Symbol" value="FXM84014"/>
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        <balance>2505000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2509887.26</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PASADENA PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CITY OF PASADENA CA 0.0% 06-01-47</title>
        <cusip>702274DS7</cusip>
        <identifiers>
          <isin value="US702274DS70"/>
          <other otherDesc="CG Symbol" value="FXP185596"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>469753.75</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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      <invstOrSec>
        <name>PASADENA PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CITY OF PASADENA CA 0.0% 06-01-46</title>
        <cusip>702274DR9</cusip>
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          <isin value="US702274DR97"/>
          <other otherDesc="CG Symbol" value="FXP185600"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>502447.50</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
        <lei>N/A</lei>
        <title>MENIFEE UNION SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2011-1 AREA NO 3 4.0% 09-01-34</title>
        <cusip>586810D83</cusip>
        <identifiers>
          <isin value="US586810D831"/>
          <other otherDesc="CG Symbol" value="FXM88039"/>
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        <balance>515000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>516687.66</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ORANGE CNTY CALIF CMNTY FACS DIST</name>
        <lei>N/A</lei>
        <title>COUNTY OF ORANGE CA COMMUNITY FACILITIES DISTRICT NO 2017-1 AREA NO 2 4.0% 08-15-50</title>
        <cusip>68423PYU8</cusip>
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          <isin value="US68423PYU82"/>
          <other otherDesc="CG Symbol" value="FXO113855"/>
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        <curCd>USD</curCd>
        <valUSD>868223.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ONTARIO CALIF</name>
        <lei>254900FN91TH1F225693</lei>
        <title>CITY OF ONTARIO CA COMMUNITY FACILITIES DISTRICT NO 46 4.0% 09-01-45</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ONTARIO CALIF</name>
        <lei>254900FN91TH1F225693</lei>
        <title>CITY OF ONTARIO CA COMMUNITY FACILITIES DISTRICT NO 46 4.0% 09-01-51</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ONTARIO CALIF</name>
        <lei>254900FN91TH1F225693</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONTARIO CALIF</name>
        <lei>254900FN91TH1F225693</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
        <lei>N/A</lei>
        <title>RIVER ISLANDS PUBLIC FINANCING AUTHORITY COMMUNITY FACILITIES DISTRICT 2021-1 4.0% 09-01-51</title>
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          <isin value="US76827QFG38"/>
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        <curCd>USD</curCd>
        <valUSD>1133737.62</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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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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        <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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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BEAUMONT UNIFIED SCHOOL DISTRICT CFD 2018-1</name>
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          <isin value="US074443AP76"/>
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        <curCd>USD</curCd>
        <valUSD>899927.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US074443AQ59"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BAY AREA TOLL AUTHORITY</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BURBANK-GLENDALE-PASADENA AIRPORT AUTHORITY BRICK CAMPAIGN</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>RANCHO CORDOVA CMNTY FACS DIST CALIF</name>
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        <curCd>USD</curCd>
        <valUSD>645456.02</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIALTO CALIF</name>
        <lei>N/A</lei>
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          <isin value="US762485FL90"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US762485FM73"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
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        <cusip>768269AK8</cusip>
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          <isin value="US768269AK87"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
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        <cusip>768269AH5</cusip>
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          <isin value="US768269AH58"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RIVER ISLANDS PUB FING AUTH CALIF</name>
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          <isin value="US768269AS14"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COUNTY OF SAN DIEGO CA</name>
        <lei>254900MKIGRAYVDUZ926</lei>
        <title>COUNTY OF SAN DIEGO CA COMMUNITY FACILITIES DISTRICT NO 2008-01 AREA NO 2 4.0% 09-01-40</title>
        <cusip>79743ABT9</cusip>
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          <isin value="US79743ABT97"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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        <title>ART CENTER COLLEGE OF DESIGN 5.0% 12-01-33</title>
        <cusip>130179PD0</cusip>
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          <isin value="US130179PD08"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COUNTY OF SAN DIEGO CA</name>
        <lei>254900MKIGRAYVDUZ926</lei>
        <title>COUNTY OF SAN DIEGO CA COMMUNITY FACILITIES DISTRICT NO 2008-01 AREA NO 2 4.0% 09-01-45</title>
        <cusip>79743ABU6</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COUNTY OF SAN DIEGO CA</name>
        <lei>254900MKIGRAYVDUZ926</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>CALIFORNIA HOUSING FINANCE AGENCY 4.0% 03-20-33</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>INLAND CHRISTIAN HOME INC CA MTG INS 4.0% 12-01-30</title>
        <cusip>13048VPR3</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BAY AREA TOLL AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BAY AREA TOLL AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAY AREA TOLL AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BAY AREA TOLL AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BAY AREA TOLL AUTHORITY</name>
        <lei>5493001FUZGUQMIP5D78</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN DIEGO COUNTY REGIONAL TRANSPORTATION COMMISSION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
        <lei>N/A</lei>
        <title>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1 3.0% 09-01-36</title>
        <cusip>802835AQ1</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BANNING CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BEAUMONT CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
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        <name>CITY OF SANTEE CA COMMUNITY FACILITIES DISTRICT NO 2017-1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CHF-IRVINE LLC BAM 4.0% 05-15-46</title>
        <cusip>13078RJC5</cusip>
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        <curCd>USD</curCd>
        <valUSD>7090958.71</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13080SH64</cusip>
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        <curCd>USD</curCd>
        <valUSD>1155010.84</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>MONTAGE HEALTH OBLIGATED GROUP 4.0% 06-01-40</title>
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          <isin value="US13080SH566"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
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          <isin value="US13068XDA46"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
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          <isin value="US13068XDB29"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>ASPIRE PUBLIC SCHOOLS OBLIGATED GROUP 4.0% 08-01-51</title>
        <cusip>13058TNA4</cusip>
        <identifiers>
          <isin value="US13058TNA42"/>
          <other otherDesc="CG Symbol" value="FXC131577"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
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        <title>ASPIRE PUBLIC SCHOOLS OBLIGATED GROUP 4.0% 08-01-61</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY CMNTY FACS DIST NO 2021- 4.0% 09-01-41</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CONGREGATIONAL HOMES INC OBLIGATED GROUP 4.0% 11-15-56</title>
        <cusip>13049RBS4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>CALIFORNIA HOUSING FINANCE AGENCY FHLMC COLL 3.75% 03-25-35</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST ENTERPRISE DEV AUTH</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>ROCKETSHIP EDUCATION OBLIGATED GROUP 4.0% 06-01-42</title>
        <cusip>13069AAT5</cusip>
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        <balance>3665000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>3315688.85</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUGUS CALIF UN SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US804230TE00"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUGUS CALIF UN SCH DIST FING AUTH</name>
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        <cusip>804238AU7</cusip>
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          <isin value="US804238AU78"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAUGUS CALIF UN SCH DIST FING AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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          <isin value="US13013JFR23"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>FRONT PORCH COMMUNITIES &amp; SERVICES OBLIGATED GROUP 5.0% 04-01-32</title>
        <cusip>13080SB45</cusip>
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          <isin value="US13080SB452"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUGUS CALIF UN SCH DIST FING AUTH</name>
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        <cusip>804238AQ6</cusip>
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          <isin value="US804238AQ66"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SULPHUR SPRINGS CALIF UN SCH DIST</name>
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        <cusip>865483GM7</cusip>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BEAUMONT CALIF</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PLACENTIA-YORBA LINDA CALIF UNI SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PLACENTIA-YORBA LINDA CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>HUMANGOOD CALIFORNIA OBLIGATED GROUP 4.0% 10-01-44</title>
        <cusip>13048VLA4</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COMPTON CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>COMPTON UNIFIED SCHOOL DISTRICT BAM 0.0% 06-01-39</title>
        <cusip>204736FL1</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>FRONT PORCH COMMUNITIES &amp; SERVICES OBLIGATED GROUP 5.0% 04-01-34</title>
        <cusip>13080SB60</cusip>
        <identifiers>
          <isin value="US13080SB601"/>
          <other otherDesc="CG Symbol" value="FXC185535"/>
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        <balance>1565000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1663335.21</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-54</title>
        <cusip>13051AKC1</cusip>
        <identifiers>
          <isin value="US13051AKC17"/>
          <other otherDesc="CG Symbol" value="FXC185603"/>
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        <balance>1375000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1378808.75</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>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP BAM-TCRS 4.0% 08-01-36</title>
        <cusip>697527BG3</cusip>
        <identifiers>
          <isin value="US697527BG32"/>
          <other otherDesc="CG Symbol" value="FXP211023"/>
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        <balance>10000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10000.98</valUSD>
        <pctVal>0.0002760058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELECTRIC POWER AUTHORITY AG 5.0% 07-01-26</title>
        <cusip>74526QLV2</cusip>
        <identifiers>
          <isin value="US74526QLV22"/>
          <other otherDesc="CG Symbol" value="FXP25887"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1004089.00</valUSD>
        <pctVal>0.0277107192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SULPHUR SPRINGS CALIF UN SCH DIST</name>
        <lei>N/A</lei>
        <title>SULPHUR SPRINGS UNION SCHOOL DISTRICT 0.0% 09-01-41</title>
        <cusip>865483GL9</cusip>
        <identifiers>
          <isin value="US865483GL92"/>
          <other otherDesc="CG Symbol" value="FXS120925"/>
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        <balance>200000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96481.60</valUSD>
        <pctVal>0.0026626868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SACRAMENTO CALIF CITY UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SACRAMENTO CITY UNIFIED SCHOOL DISTRICT AG 4.0% 08-01-49</title>
        <cusip>785870B88</cusip>
        <identifiers>
          <isin value="US785870B887"/>
          <other otherDesc="CG Symbol" value="FXS125179"/>
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        <balance>3690000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3528783.90</valUSD>
        <pctVal>0.0973869245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALO ALTO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>PALO ALTO UNIFIED SCHOOL DISTRICT 0.0% 08-01-32</title>
        <cusip>697379TL9</cusip>
        <identifiers>
          <isin value="US697379TL91"/>
          <other otherDesc="CG Symbol" value="FXP35669"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2117170.00</valUSD>
        <pctVal>0.0584293856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CORPORACION PARA EL FINANCIAMIENTO PUBLICO DE PUERTO RICO</name>
        <lei>N/A</lei>
        <title>PUERTO RICO PUBLIC FINANCE CORP 6.0% 08-01-26</title>
        <cusip>745291SW5</cusip>
        <identifiers>
          <isin value="US745291SW59"/>
          <other otherDesc="CG Symbol" value="FXP380"/>
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        <balance>170000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>171275.17</valUSD>
        <pctVal>0.0047268301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CORPORACION PARA EL FINANCIAMIENTO PUBLICO DE PUERTO RICO</name>
        <lei>N/A</lei>
        <title>PUERTO RICO PUBLIC FINANCE CORP 6.0% 08-01-26</title>
        <cusip>745291SY1</cusip>
        <identifiers>
          <isin value="US745291SY16"/>
          <other otherDesc="CG Symbol" value="FXP381"/>
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        <balance>1830000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1843726.83</valUSD>
        <pctVal>0.0508829361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP 5.0% 11-01-30</title>
        <cusip>697528AP2</cusip>
        <identifiers>
          <isin value="US697528AP23"/>
          <other otherDesc="CG Symbol" value="FXP40318"/>
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        <balance>700000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>700905.80</valUSD>
        <pctVal>0.0193435082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-44</title>
        <cusip>13051AKA5</cusip>
        <identifiers>
          <isin value="US13051AKA50"/>
          <other otherDesc="CG Symbol" value="FXC185605"/>
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        <balance>2605000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2689300.41</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-49</title>
        <cusip>13051AKB3</cusip>
        <identifiers>
          <isin value="US13051AKB34"/>
          <other otherDesc="CG Symbol" value="FXC185615"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1011308.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>WASTE MANAGEMENT INC (MPT) 2.875% 11-01-46</title>
        <cusip>13048RAR8</cusip>
        <identifiers>
          <isin value="US13048RAR84"/>
          <other otherDesc="CG Symbol" value="FXC185640"/>
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        <balance>5000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4997780.00</valUSD>
        <pctVal>0.1379280901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH</name>
        <lei>N/A</lei>
        <title>P3 IRVINE SL HOLDINGS LLC OBLIGATED GROUP 6.375% 06-01-59</title>
        <cusip>13057GAQ2</cusip>
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          <isin value="US13057GAQ29"/>
          <other otherDesc="CG Symbol" value="FXC185657"/>
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        <balance>725000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671903.90</valUSD>
        <pctVal>0.0185431175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SACRAMENTO CALIF CITY UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SACRAMENTO CITY UNIFIED SCHOOL DISTRICT AG 4.0% 08-01-44</title>
        <cusip>785870B70</cusip>
        <identifiers>
          <isin value="US785870B705"/>
          <other otherDesc="CG Symbol" value="FXS125181"/>
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        <balance>815000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>816419.73</valUSD>
        <pctVal>0.0225314468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp; CNTY CMNTY FACS DIST NO 2016-1</name>
        <lei>N/A</lei>
        <title>CITY &amp; COUNTY OF SAN FRANCISCO COMMUNITY FACILITIES DISTRICT NO 2016-1 AREA 1 4.0% 09-01-51</title>
        <cusip>79773JBJ5</cusip>
        <identifiers>
          <isin value="US79773JBJ51"/>
          <other otherDesc="CG Symbol" value="FXS126935"/>
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        <balance>1035000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>859133.84</valUSD>
        <pctVal>0.0237102653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>COMPTON CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COMPTON CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN FRANCISCO CALIF CITY &amp; CNTY CMNTY FACS DIST NO 2016-1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMPTON CALIF UNI SCH DIST</name>
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          <isin value="US204736FT43"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA CMNTYS HSG FIN AGY</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
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        <title>PALOMAR HEALTH OBLIGATED GROUP 4.0% 08-01-34</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN FRANCISCO CALIF CITY &amp; CNTY</name>
        <lei>549300RA28ZEFOB6M782</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STOCKTON CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHAFFEY COMMUNITY COLLEGE DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA SCH FIN AUTH</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP 4.0% 08-01-37</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALMDALE CALIF ELEM SCH DIST</name>
        <lei>549300YBE1L2RGBY7L18</lei>
        <title>PALMDALE ELEMENTARY SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 90-1 AG 5.0% 08-01-41</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>STOCKTON CALIF UNI SCH DIST</name>
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        <name>PALMDALE CALIF ELEM SCH DIST</name>
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      <invstOrSec>
        <name>SAN DIEGO REG AIRPORT</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp; CNTY DEV SPL TAX DIST NO 2020-1</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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          <isin value="US544532NH34"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALMDALE CALIF ELEM SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PALMDALE CALIF ELEM SCH DIST</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CORONA-NORCO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PERRIS CA JOINT POWERS AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROMOLAND SCH DIST CALIF</name>
        <lei>N/A</lei>
        <title>ROMOLAND SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 91-1 5.0% 09-01-35</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ROMOLAND SCH DIST CALIF</name>
        <lei>N/A</lei>
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        <name>ROMOLAND SCH DIST CALIF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AIRPORT COMMISSION OF THE CITY AND COUNTY OF SAN FRANCISCO</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN FRANCISCO CALIF CITY &amp; CNTY CMNTY FACS DIST NO 2016-1</name>
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        <title>CITY &amp; COUNTY OF SAN FRANCISCO COMMUNITY FACILITIES DISTRICT NO 2016-1 AREA 2 4.0% 09-01-52</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
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        <fairValLevel>2</fairValLevel>
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        <name>CITY OF MENIFEE CALIFORNIA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
        <title>CITY OF SACRAMENTO CA DELTA SHORES COMMUNITY FACS DISTRICT NO 2019-01 AREA NO 2 5.75% 09-01-52</title>
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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>CALIFORNIA HOUSING FINANCE AGENCY</name>
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      <invstOrSec>
        <name>CHULA VISTA CALIF CMNTY FACS DIST</name>
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          <isin value="US171312KZ33"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>STOCKTON CALIF CMNTY FACS DIST</name>
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        <name>STOCKTON CALIF CMNTY FACS DIST</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <name>CMFA SPECIAL FINANCE AGENCY XII</name>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <curCd>USD</curCd>
        <valUSD>1049755.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SACRAMENTO CALIF CITY UNI SCH DIST</name>
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        <curCd>USD</curCd>
        <valUSD>2086701.75</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US785870S980"/>
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        <curCd>USD</curCd>
        <valUSD>2180369.16</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <cusip>785870T22</cusip>
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          <isin value="US785870T228"/>
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        <balance>7000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>7242291.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SAN FRANCISCO CA CITY CNTY INFRASTRUCTURE REVITALIZATION</name>
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        <cusip>79773NAM0</cusip>
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          <isin value="US79773NAM02"/>
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        <curCd>USD</curCd>
        <valUSD>1594225.60</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <title>CITY &amp; COUNTY SAN FRANCISCO CA INFRASTRUCTURE &amp; REVITALIZATION FING DIST 1 FACS 5.0% 09-01-55</title>
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          <isin value="US79773NAN84"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF CALIFORNIA 4.0% 05-15-38</title>
        <cusip>91412HKP7</cusip>
        <identifiers>
          <isin value="US91412HKP72"/>
          <other otherDesc="CG Symbol" value="FXU120220"/>
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        <curCd>USD</curCd>
        <valUSD>1247226.66</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2022-27 5.0% 09-01-54</title>
        <cusip>13051AHK7</cusip>
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          <isin value="US13051AHK79"/>
          <other otherDesc="CG Symbol" value="FXC163712"/>
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        <balance>1830000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1835069.10</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2023-11 AREA A 5.0% 09-01-44</title>
        <cusip>13051AHP6</cusip>
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          <isin value="US13051AHP66"/>
          <other otherDesc="CG Symbol" value="FXC163876"/>
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        <balance>455000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>471002.35</valUSD>
        <pctVal>0.0129986623</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF CALIFORNIA 5.0% 05-15-35</title>
        <cusip>91412HRQ8</cusip>
        <identifiers>
          <isin value="US91412HRQ82"/>
          <other otherDesc="CG Symbol" value="FXU160770"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1432802.50</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <name>UPPER SANTA CLARA VY CA JT PWRS AUTH</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF CALIFORNIA 5.0% 05-15-36</title>
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          <isin value="US91412HVK66"/>
          <other otherDesc="CG Symbol" value="FXU190509"/>
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        <valUSD>2305616.00</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF CALIFORNIA 4.0% 05-15-55</title>
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          <isin value="US91412HVZ36"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF CALIFORNIA 5.25% 05-15-55</title>
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          <other otherDesc="CG Symbol" value="FXU190518"/>
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        <valUSD>8404788.60</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WEST PATTERSON CALIF FING AUTH</name>
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        <curCd>USD</curCd>
        <valUSD>249180.25</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WEST PATTERSON CALIF FING AUTH</name>
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        <curCd>USD</curCd>
        <valUSD>356327.63</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SANTA MONICA-MALIBU UNI SCH DIST CALIF</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 5.0% 09-02-49</title>
        <cusip>13078YVV4</cusip>
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          <isin value="US13078YVV46"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <cusip>13032UDR6</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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        <cusip>13013JFW1</cusip>
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          <isin value="US13013JFW18"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp; CNTY REDEV AGY</name>
        <lei>5493001TPOZL3UK8DX25</lei>
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          <isin value="US79770GAW69"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SACRAMENTO CNTY CALIF</name>
        <lei>549300OXI5MD45L13R20</lei>
        <title>COUNTY OF SACRAMENTO CA COMMUNITY FACILITIES DISTRICT NO 2005-2 5.0% 09-01-40</title>
        <cusip>786153NT9</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CENTRAL VALLEY ENERGY AUTH CALIF</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
        <title>CENTRAL VALLEY ENERGY AUTHORITY (MPT) 5.0% 12-01-55</title>
        <cusip>15569DAA0</cusip>
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          <isin value="US15569DAA00"/>
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        <balance>12540000.00</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>SOUTHERN CALIFORNIA EDISON CO 1.45% 04-01-28</title>
        <cusip>13078HAZ5</cusip>
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          <isin value="US13078HAZ55"/>
          <other otherDesc="CG Symbol" value="FXC187691"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.450000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 5.0% 09-01-55</title>
        <cusip>13051ALK2</cusip>
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          <isin value="US13051ALK24"/>
          <other otherDesc="CG Symbol" value="FXC189048"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 5.0% 09-01-50</title>
        <cusip>13051ALJ5</cusip>
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          <other otherDesc="CG Symbol" value="FXC189049"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 5.0% 09-01-45</title>
        <cusip>13051ALH9</cusip>
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          <isin value="US13051ALH94"/>
          <other otherDesc="CG Symbol" value="FXC189050"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 4.25% 09-01-40</title>
        <cusip>13051ALG1</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>COMMUNITY HOSPITALS OF CENTRAL CALIFORNIA OBLIGATED GROUP AG-CR 4.0% 02-01-51</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-45</title>
        <cusip>13051ALP1</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 4.25% 09-01-40</title>
        <cusip>13051ALN6</cusip>
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          <other otherDesc="CG Symbol" value="FXC189238"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-55</title>
        <cusip>13051ALR7</cusip>
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          <isin value="US13051ALR76"/>
          <other otherDesc="CG Symbol" value="FXC189239"/>
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        <balance>1945000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1947559.62</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>SOUTHERN CALIFORNIA EDISON CO 4.5% 11-01-33</title>
        <cusip>13078HBA9</cusip>
        <identifiers>
          <isin value="US13078HBA95"/>
          <other otherDesc="CG Symbol" value="FXC190009"/>
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        <balance>5650000.00</balance>
        <units>PA</units>
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        <valUSD>5843631.15</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY MUNICIPAL CERTIFICATES SERIES 2025-1 FRN 02-20-41</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SACRAMENTO CNTY CALIF</name>
        <lei>549300OXI5MD45L13R20</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SANTA MARGARITA CALIF WTR DIST</name>
        <lei>N/A</lei>
        <title>SANTA MARGARITA WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 99-1 5.0% 09-01-26</title>
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        <curCd>USD</curCd>
        <valUSD>836256.68</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEL MAR UN SCH DIST</name>
        <lei>N/A</lei>
        <title>DEL MAR UNION SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 99-1 4.0% 09-01-31</title>
        <cusip>245157DY5</cusip>
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          <isin value="US245157DY58"/>
          <other otherDesc="CG Symbol" value="FXD105332"/>
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        <curCd>USD</curCd>
        <valUSD>269682.29</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALAMEDA CORRIDOR TRANSN AUTH CALIF</name>
        <lei>N/A</lei>
        <title>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY AG 0.0% 10-01-52</title>
        <cusip>010869JU0</cusip>
        <identifiers>
          <isin value="US010869JU04"/>
          <other otherDesc="CG Symbol" value="FXA139152"/>
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        <balance>7470000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4332390.84</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN JACINTO CALIF FING AUTH</name>
        <lei>N/A</lei>
        <title>SAN JACINTO UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY 5.0% 09-01-34</title>
        <cusip>797860AS2</cusip>
        <identifiers>
          <isin value="US797860AS24"/>
          <other otherDesc="CG Symbol" value="FXS78199"/>
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        <balance>735000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>745505.36</valUSD>
        <pctVal>0.0205743611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN JACINTO CALIF FING AUTH</name>
        <lei>N/A</lei>
        <title>SAN JACINTO UNIFIED SCHOOL DISTRICT FINANCING AUTHORITY 5.0% 09-01-35</title>
        <cusip>797860AT0</cusip>
        <identifiers>
          <isin value="US797860AT07"/>
          <other otherDesc="CG Symbol" value="FXS78200"/>
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        <balance>190000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>192669.12</valUSD>
        <pctVal>0.0053172576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALAMEDA CORRIDOR TRANSN AUTH CALIF</name>
        <lei>N/A</lei>
        <title>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY 0.0% 10-01-49</title>
        <cusip>010869JP1</cusip>
        <identifiers>
          <isin value="US010869JP19"/>
          <other otherDesc="CG Symbol" value="FXA139153"/>
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        <balance>2635000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1539295.86</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>2049-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALAMEDA CORRIDOR TRANSN AUTH CALIF</name>
        <lei>N/A</lei>
        <title>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY 0.0% 10-01-50</title>
        <cusip>010869JQ9</cusip>
        <identifiers>
          <isin value="US010869JQ91"/>
          <other otherDesc="CG Symbol" value="FXA139154"/>
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        <balance>9190000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5313115.79</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN BERNARDINO CALIF CITY UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN BERNARDINO CITY UNIFIED SCHOOL DISTRICT AG 4.0% 08-01-42</title>
        <cusip>796711C31</cusip>
        <identifiers>
          <isin value="US796711C318"/>
          <other otherDesc="CG Symbol" value="FXS80143"/>
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        <balance>1175000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1176492.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SACRAMENTO CALIF CITY UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SACRAMENTO CITY UNIFIED SCHOOL DISTRICT AG 0.0% 07-01-28</title>
        <cusip>785870RM0</cusip>
        <identifiers>
          <isin value="US785870RM08"/>
          <other otherDesc="CG Symbol" value="FXS80285"/>
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        <balance>4575000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4300779.08</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DAVIS CALIF JT UNI SCH DIST YOLO CNTY</name>
        <lei>N/A</lei>
        <title>DAVIS JOINT UNIFIED SCHOOL DISTRICT BAM 3.0% 08-01-34</title>
        <cusip>238848DW2</cusip>
        <identifiers>
          <isin value="US238848DW27"/>
          <other otherDesc="CG Symbol" value="FXD147504"/>
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        <balance>1925000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1890028.53</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DUBLIN CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF DUBLIN CA COMMUNITY FACILITIES DISTRICT NO 2015-1 IMPROVEMENT AREA NO 5 5.375% 09-01-51</title>
        <cusip>26362DBU1</cusip>
        <identifiers>
          <isin value="US26362DBU19"/>
          <other otherDesc="CG Symbol" value="FXD157228"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1283556.25</valUSD>
        <pctVal>0.0354234204</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANTELOPE VLY CA CCD</name>
        <lei>N/A</lei>
        <title>ANTELOPE VALLEY COMMUNITY COLLEGE DISTRICT 0.0% 08-01-42</title>
        <cusip>03667PJR4</cusip>
        <identifiers>
          <isin value="US03667PJR47"/>
          <other otherDesc="CG Symbol" value="FXA144033"/>
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        <balance>4515000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2057760.92</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANTELOPE VLY CA CCD</name>
        <lei>N/A</lei>
        <title>ANTELOPE VALLEY COMMUNITY COLLEGE DISTRICT 0.0% 08-01-37</title>
        <cusip>03667PJL7</cusip>
        <identifiers>
          <isin value="US03667PJL76"/>
          <other otherDesc="CG Symbol" value="FXA144034"/>
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        <balance>1150000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>713525.55</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SAN DIEGO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO UNIFIED SCHOOL DISTRICT 4.0% 07-01-47</title>
        <cusip>7973555X8</cusip>
        <identifiers>
          <isin value="US7973555X82"/>
          <other otherDesc="CG Symbol" value="FXS80824"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1938032.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>SACRAMENTO CNTY CALIF ARPT SYS REV</name>
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        <title>COUNTY OF SACRAMENTO CA AIRPORT SYSTEM REVENUE 5.0% 07-01-33</title>
        <cusip>786107RS3</cusip>
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          <isin value="US786107RS39"/>
          <other otherDesc="CG Symbol" value="FXS88015"/>
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        <curCd>USD</curCd>
        <valUSD>3100143.00</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ANTELOPE VLY CA CCD</name>
        <lei>N/A</lei>
        <title>ANTELOPE VALLEY COMMUNITY COLLEGE DISTRICT 0.0% 08-01-36</title>
        <cusip>03667PJK9</cusip>
        <identifiers>
          <isin value="US03667PJK93"/>
          <other otherDesc="CG Symbol" value="FXA144035"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>657884.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALVORD CALIF UNI SCH DIST</name>
        <lei>549300Q9J0UCO75DL276</lei>
        <title>ALVORD UNIFIED SCHOOL DISTRICT BAM 5.0% 08-01-52</title>
        <cusip>022555XZ4</cusip>
        <identifiers>
          <isin value="US022555XZ47"/>
          <other otherDesc="CG Symbol" value="FXA150770"/>
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        <balance>1075000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1120511.20</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ADELANTO CALIF ELEM SCH DIST</name>
        <lei>N/A</lei>
        <title>ADELANTO ELEMENTARY SCHOOL DISTRICT CMNTY FACS DISTRICT NO 4 SERIES B NET TAXES 5.75% 09-01-47</title>
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          <isin value="US006792CD51"/>
          <other otherDesc="CG Symbol" value="FXA155896"/>
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        <balance>965000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1018443.63</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ADELANTO CALIF ELEM SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US006792BZ72"/>
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        <curCd>USD</curCd>
        <valUSD>918182.34</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DUBLIN CALIF</name>
        <lei>N/A</lei>
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        <cusip>26362DBT4</cusip>
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          <isin value="US26362DBT46"/>
          <other otherDesc="CG Symbol" value="FXD157229"/>
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        <curCd>USD</curCd>
        <valUSD>1318348.85</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ETIWANDA CALIF SCH DIST</name>
        <lei>N/A</lei>
        <title>ETIWANDA SCHOOL DISTRICT 4.0% 08-01-45</title>
        <cusip>297667BN6</cusip>
        <identifiers>
          <isin value="US297667BN65"/>
          <other otherDesc="CG Symbol" value="FXE110392"/>
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        <curCd>USD</curCd>
        <valUSD>1421593.05</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ADELANTO CALIF ELEM SCH DIST</name>
        <lei>N/A</lei>
        <title>ADELANTO ELEMENTARY SCHOOL DISTRICT CMNTY FACS DISTRICT NO 4 SERIES B NET TAXES 5.75% 09-01-53</title>
        <cusip>006792CE3</cusip>
        <identifiers>
          <isin value="US006792CE35"/>
          <other otherDesc="CG Symbol" value="FXA155898"/>
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        <balance>2245000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2342531.78</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>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALAMEDA CORRIDOR TRANSN AUTH CALIF</name>
        <lei>N/A</lei>
        <title>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY AG 0.0% 10-01-53</title>
        <cusip>010869MJ1</cusip>
        <identifiers>
          <isin value="US010869MJ12"/>
          <other otherDesc="CG Symbol" value="FXA159185"/>
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        <balance>6500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1749215.00</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>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ETIWANDA CALIF SCH DIST</name>
        <lei>N/A</lei>
        <title>ETIWANDA SCHOOL DISTRICT 0.0% 08-01-32</title>
        <cusip>297667BQ9</cusip>
        <identifiers>
          <isin value="US297667BQ96"/>
          <other otherDesc="CG Symbol" value="FXE110398"/>
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        <balance>1315000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1081850.50</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ETIWANDA CALIF SCH DIST</name>
        <lei>N/A</lei>
        <title>ETIWANDA SCHOOL DISTRICT 0.0% 08-01-36</title>
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        <identifiers>
          <isin value="US297667BU09"/>
          <other otherDesc="CG Symbol" value="FXE110403"/>
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        <balance>2430000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1692711.27</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ETIWANDA CALIF SCH DIST</name>
        <lei>N/A</lei>
        <title>ETIWANDA SCHOOL DISTRICT 0.0% 08-01-37</title>
        <cusip>297667BV8</cusip>
        <identifiers>
          <isin value="US297667BV81"/>
          <other otherDesc="CG Symbol" value="FXE110404"/>
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        <balance>1575000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1048154.63</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>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 2013-64 4.0% 09-01-50</title>
        <cusip>27627MWT0</cusip>
        <identifiers>
          <isin value="US27627MWT07"/>
          <other otherDesc="CG Symbol" value="FXE115480"/>
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        <balance>1550000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1331791.00</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>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALHAMBRA CALIF</name>
        <lei>N/A</lei>
        <title>ATHERTON BAPTIST HOMES CA MTG INS 3.25% 01-01-33</title>
        <cusip>016021BH9</cusip>
        <identifiers>
          <isin value="US016021BH92"/>
          <other otherDesc="CG Symbol" value="FXA164799"/>
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        <balance>100000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99861.40</valUSD>
        <pctVal>0.0027559621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>WASTE MANAGEMENT INC (MPT) 4.2% 11-01-38</title>
        <cusip>130536LT0</cusip>
        <identifiers>
          <isin value="US130536LT02"/>
          <other otherDesc="CG Symbol" value="FXC1110"/>
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        <balance>7000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7214529.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 4.0% 09-01-50</title>
        <cusip>287254GS9</cusip>
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          <isin value="US287254GS99"/>
          <other otherDesc="CG Symbol" value="FXE115621"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>857961.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>EASTERN MUN WTR DIST CALIF</name>
        <lei>549300ZCFVRFDIRWK089</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT FRN 07-01-46</title>
        <cusip>27627TBV3</cusip>
        <identifiers>
          <isin value="US27627TBV35"/>
          <other otherDesc="CG Symbol" value="FXE117616"/>
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        <balance>5400000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5400000.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>2.950000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SACRAMENTO CNTY CALIF ARPT SYS REV</name>
        <lei>N/A</lei>
        <title>COUNTY OF SACRAMENTO CA AIRPORT SYSTEM REVENUE 5.0% 07-01-34</title>
        <cusip>786107RT1</cusip>
        <identifiers>
          <isin value="US786107RT12"/>
          <other otherDesc="CG Symbol" value="FXS88016"/>
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        <curCd>USD</curCd>
        <valUSD>3095187.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SACRAMENTO CNTY CALIF ARPT SYS REV</name>
        <lei>N/A</lei>
        <title>COUNTY OF SACRAMENTO CA AIRPORT SYSTEM REVENUE 5.0% 07-01-35</title>
        <cusip>786107RU8</cusip>
        <identifiers>
          <isin value="US786107RU84"/>
          <other otherDesc="CG Symbol" value="FXS88017"/>
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        <balance>4000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4119220.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CALIF TOB SEC</name>
        <lei>N/A</lei>
        <title>LOS ANGELES COUNTY SECURITIZATION CORP 5.0% 06-01-27</title>
        <cusip>13016NEK6</cusip>
        <identifiers>
          <isin value="US13016NEK63"/>
          <other otherDesc="CG Symbol" value="FXC111268"/>
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        <balance>600000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>613716.00</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>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CALIF TOB SEC</name>
        <lei>N/A</lei>
        <title>LOS ANGELES COUNTY SECURITIZATION CORP 5.0% 06-01-28</title>
        <cusip>13016NEL4</cusip>
        <identifiers>
          <isin value="US13016NEL47"/>
          <other otherDesc="CG Symbol" value="FXC111269"/>
        </identifiers>
        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>521273.00</valUSD>
        <pctVal>0.0143860253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT NO 2015-71 4.0% 09-01-51</title>
        <cusip>27627MH67</cusip>
        <identifiers>
          <isin value="US27627MH678"/>
          <other otherDesc="CG Symbol" value="FXE126136"/>
        </identifiers>
        <balance>525000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>444946.95</valUSD>
        <pctVal>0.0122795887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>GLENDALE COMMUNITY COLLEGE DISTRICT</name>
        <lei>N/A</lei>
        <title>GLENDALE COMMUNITY COLLEGE DISTRICT 0.0% 02-01-45</title>
        <cusip>378394JQ4</cusip>
        <identifiers>
          <isin value="US378394JQ47"/>
          <other otherDesc="CG Symbol" value="FXG202476"/>
        </identifiers>
        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>862400.00</valUSD>
        <pctVal>0.0238004044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</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>SACRAMENTO CNTY CALIF ARPT SYS REV</name>
        <lei>N/A</lei>
        <title>COUNTY OF SACRAMENTO CA AIRPORT SYSTEM REVENUE 5.0% 07-01-28</title>
        <cusip>786107RM6</cusip>
        <identifiers>
          <isin value="US786107RM68"/>
          <other otherDesc="CG Symbol" value="FXS88317"/>
        </identifiers>
        <balance>1455000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1519175.69</valUSD>
        <pctVal>0.0419260154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF SAN BERNARDINO CA</name>
        <lei>254900RTS8DDNPA7MX91</lei>
        <title>COUNTY OF SAN BERNARDINO CA COMMUNITY FACILITIES DISTRICT NO 2006-1 AREA NO 6 5.0% 09-01-43</title>
        <cusip>796844TE8</cusip>
        <identifiers>
          <isin value="US796844TE89"/>
          <other otherDesc="CG Symbol" value="FXS93490"/>
        </identifiers>
        <balance>1860000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1885420.62</valUSD>
        <pctVal>0.0520335960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DIST NO 2017-1 IMPT AREA NO 3 5.0% 09-01-45</title>
        <cusip>38130TBB4</cusip>
        <identifiers>
          <isin value="US38130TBB44"/>
          <other otherDesc="CG Symbol" value="FXG207086"/>
        </identifiers>
        <balance>725000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>733126.53</valUSD>
        <pctVal>0.0202327318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DIST NO 2017-1 IMPT AREA NO 3 5.0% 09-01-40</title>
        <cusip>38130TBA6</cusip>
        <identifiers>
          <isin value="US38130TBA60"/>
          <other otherDesc="CG Symbol" value="FXG207087"/>
        </identifiers>
        <balance>1135000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1167732.27</valUSD>
        <pctVal>0.0322269251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DIST NO 2017-1 IMPT AREA NO 3 5.0% 09-01-55</title>
        <cusip>38130TBD0</cusip>
        <identifiers>
          <isin value="US38130TBD00"/>
          <other otherDesc="CG Symbol" value="FXG207089"/>
        </identifiers>
        <balance>790000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>767514.23</valUSD>
        <pctVal>0.0211817591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>GOLDEN VALLEY UNIFIED SCHOOL DISTRICT CMNTY FACS DIST NO 2017-1 IMPT AREA NO 3 5.0% 09-01-50</title>
        <cusip>38130TBC2</cusip>
        <identifiers>
          <isin value="US38130TBC27"/>
          <other otherDesc="CG Symbol" value="FXG207090"/>
        </identifiers>
        <balance>615000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>606706.11</valUSD>
        <pctVal>0.0167437972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-30</title>
        <cusip>40064REZ8</cusip>
        <identifiers>
          <isin value="US40064REZ82"/>
          <other otherDesc="CG Symbol" value="FXG208133"/>
        </identifiers>
        <balance>750000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>794687.25</valUSD>
        <pctVal>0.0219316766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN STATE TOBACCO SECURITIZATION CORP</name>
        <lei>N/A</lei>
        <title>GOLDEN STATE TOBACCO SECURITIZATION CORP AMBAC ST APPROP 0.0% 06-01-27</title>
        <cusip>38122NGL0</cusip>
        <identifiers>
          <isin value="US38122NGL01"/>
          <other otherDesc="CG Symbol" value="FXG29884"/>
        </identifiers>
        <balance>2730000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2659358.52</valUSD>
        <pctVal>0.0733926346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF SAN BERNARDINO CA</name>
        <lei>254900RTS8DDNPA7MX91</lei>
        <title>COUNTY OF SAN BERNARDINO CA COMMUNITY FACILITIES DISTRICT NO 2006-1 AREA NO 6 5.0% 09-01-48</title>
        <cusip>796844TF5</cusip>
        <identifiers>
          <isin value="US796844TF54"/>
          <other otherDesc="CG Symbol" value="FXS93491"/>
        </identifiers>
        <balance>1775000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1783058.50</valUSD>
        <pctVal>0.0492086193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</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>AIRPORT COMMISSION OF THE CITY AND COUNTY OF SAN FRANCISCO</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>SAN FRANCISCO CITY &amp; COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT 5.0% 05-01-49</title>
        <cusip>79766DMB2</cusip>
        <identifiers>
          <isin value="US79766DMB28"/>
          <other otherDesc="CG Symbol" value="FXS96762"/>
        </identifiers>
        <balance>4000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4005232.00</valUSD>
        <pctVal>0.1105358780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUAM (TERRITORY OF)</name>
        <lei>N/A</lei>
        <title>TERRITORY OF GUAM SECTION 30 REVENUE 5.0% 12-01-46</title>
        <cusip>40065HDV9</cusip>
        <identifiers>
          <isin value="US40065HDV96"/>
          <other otherDesc="CG Symbol" value="FXG45841"/>
        </identifiers>
        <balance>3000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3015042.00</valUSD>
        <pctVal>0.0832087416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PORT AUTHORITY OF GUAM</name>
        <lei>N/A</lei>
        <title>PORT AUTHORITY OF GUAM 5.0% 07-01-37</title>
        <cusip>400652AP8</cusip>
        <identifiers>
          <isin value="US400652AP87"/>
          <other otherDesc="CG Symbol" value="FXG91573"/>
        </identifiers>
        <balance>400000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406429.20</valUSD>
        <pctVal>0.0112165808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>REPUBLIC SERVICES INC (MPT) 2.95% 11-01-42</title>
        <cusip>130536RL1</cusip>
        <identifiers>
          <isin value="US130536RL12"/>
          <other otherDesc="CG Symbol" value="FXC113087"/>
        </identifiers>
        <balance>4150000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4148182.30</valUSD>
        <pctVal>0.1144810020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000</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>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
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        <name>HEMET CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN LEANDRO UNIFIED SCHOOL DISTRICT</name>
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          <isin value="US798458SZ96"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
        <title>HEMET UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2005-6 4.0% 09-01-36</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
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        <fairValLevel>2</fairValLevel>
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        <lei>54930041KL801EWMW566</lei>
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        <lei>54930041KL801EWMW566</lei>
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        <name>HEMET CALIF UNI SCH DIST</name>
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        <name>HAYWARD UNIFIED SCHOOL DISTRICT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CALIF HBR DEPT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US13035ABQ13"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TULARE CA SWR REV</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TULARE CA SWR REV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CALIF HBR DEPT</name>
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        <title>PORT OF LOS ANGELES 5.0% 08-01-28</title>
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          <isin value="US544552B768"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF HBR DEPT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF HBR DEPT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CATHEDRAL CITY CALIF REDEV AGY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TOBACCO SECURITIZATION AUTH SOUTHN CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CATHEDRAL CITY CALIF REDEV AGY</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CATHEDRAL CITY CALIF REDEV AGY</name>
        <lei>N/A</lei>
        <title>CATHEDRAL CITY REDEVELOPMENT AGENCY SUCCESSOR AGENCY BAM 4.0% 08-01-26</title>
        <cusip>14916YDP1</cusip>
        <identifiers>
          <isin value="US14916YDP16"/>
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        <balance>275000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275700.70</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>ROCKETSHIP EDUCATION OBLIGATED GROUP 5.25% 06-01-52</title>
        <cusip>13058TEV8</cusip>
        <identifiers>
          <isin value="US13058TEV89"/>
          <other otherDesc="CG Symbol" value="FXC72229"/>
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        <balance>460000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>431425.72</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP 5.0% 11-01-27</title>
        <cusip>130493BZ1</cusip>
        <identifiers>
          <isin value="US130493BZ15"/>
          <other otherDesc="CG Symbol" value="FXC118491"/>
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        <balance>220000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218531.72</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>WASTE MANAGEMENT INC (MPT) 2.875% 10-01-45</title>
        <cusip>13048RAH0</cusip>
        <identifiers>
          <isin value="US13048RAH03"/>
          <other otherDesc="CG Symbol" value="FXC118636"/>
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        <balance>2705000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2703798.98</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>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>ROCKETSHIP EDUCATION OBLIGATED GROUP 5.0% 06-01-34</title>
        <cusip>13058TET3</cusip>
        <identifiers>
          <isin value="US13058TET34"/>
          <other otherDesc="CG Symbol" value="FXC72231"/>
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        <balance>750000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750393.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EL CAMINO HOSPITAL LP 5.0% 02-01-47</title>
        <cusip>13032UMJ4</cusip>
        <identifiers>
          <isin value="US13032UMJ42"/>
          <other otherDesc="CG Symbol" value="FXC73608"/>
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        <balance>4695000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4741410.08</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>2047-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH SOUTHN CALIF</name>
        <lei>N/A</lei>
        <title>SAN DIEGO COUNTY TOBACCO ASSET SECURITIZATION CORP 5.0% 06-01-33</title>
        <cusip>888804CJ8</cusip>
        <identifiers>
          <isin value="US888804CJ86"/>
          <other otherDesc="CG Symbol" value="FXT105101"/>
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        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2133394.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRACY COMMUNITY FACILITIES DISTRICT/CA</name>
        <lei>N/A</lei>
        <title>CITY OF TRACY CA COMMUNITY FACILITIES DISTRICT NO 2016-02 IMPROVEMENT AREA NO 1 5.0% 09-01-44</title>
        <cusip>892376SD7</cusip>
        <identifiers>
          <isin value="US892376SD76"/>
          <other otherDesc="CG Symbol" value="FXT106516"/>
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        <balance>870000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>878216.28</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>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>LOS ANGELES DEPARTMENT OF WATER &amp; POWER POWER SYSTEM REVENUE 5.0% 07-01-33</title>
        <cusip>544532NR1</cusip>
        <identifiers>
          <isin value="US544532NR16"/>
          <other otherDesc="CG Symbol" value="FXL185670"/>
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        <balance>990000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1106847.72</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>LOS ANGELES DEPARTMENT OF WATER &amp; POWER POWER SYSTEM REVENUE 5.0% 07-01-48</title>
        <cusip>544532NW0</cusip>
        <identifiers>
          <isin value="US544532NW01"/>
          <other otherDesc="CG Symbol" value="FXL185675"/>
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        <balance>1750000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1810466.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>EISENHOWER MEDICAL CENTER 5.0% 07-01-47</title>
        <cusip>13048T5J8</cusip>
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          <isin value="US13048T5J82"/>
          <other otherDesc="CG Symbol" value="FXC76056"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4012309.76</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CHILDREN'S HOSPITAL LOS ANGELES OBLIGATED GROUP 5.0% 08-15-47</title>
        <cusip>13032UNG9</cusip>
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          <isin value="US13032UNG93"/>
          <other otherDesc="CG Symbol" value="FXC76199"/>
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        <curCd>USD</curCd>
        <valUSD>4655766.03</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>COMMUNITY HEALTH CENTERS OF THE CENTRAL COAST INC 5.0% 12-01-46</title>
        <cusip>13048VUZ9</cusip>
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          <isin value="US13048VUZ92"/>
          <other otherDesc="CG Symbol" value="FXC118703"/>
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        <valUSD>171878.67</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>COMMUNITY HEALTH CENTERS OF THE CENTRAL COAST INC 5.0% 12-01-54</title>
        <cusip>13048VVB1</cusip>
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          <isin value="US13048VVB16"/>
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        <balance>170000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>167751.41</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>TRANSBAY JOINT POWERS AUTHORITY</name>
        <lei>549300WC0UP8WU8GYU95</lei>
        <title>TRANSBAY JOINT POWERS AUTHORITY TRANSBAY REDEVELOPMENT PROJECT TAX INCREMENT 5.0% 10-01-49</title>
        <cusip>89356CAU0</cusip>
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          <isin value="US89356CAU09"/>
          <other otherDesc="CG Symbol" value="FXT111853"/>
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        <balance>2135000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2143751.37</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTHORITY OF NORTHERN CALIFORNIA</name>
        <lei>N/A</lei>
        <title>SACRAMENTO COUNTY TOBACCO SECURITIZATION CORP 4.0% 06-01-34</title>
        <cusip>888794BQ6</cusip>
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          <isin value="US888794BQ64"/>
          <other otherDesc="CG Symbol" value="FXT119786"/>
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        <balance>670000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>681091.85</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isin value="US544532GU28"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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          <isin value="US13032UNE46"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <cusip>13080SSE5</cusip>
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          <isin value="US13080SSE53"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LODI CALIF UNI SCH DIST</name>
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          <isin value="US540261MV32"/>
          <other otherDesc="CG Symbol" value="FXL188692"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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          <isin value="US5444452P31"/>
          <other otherDesc="CG Symbol" value="FXL191600"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
        <lei>N/A</lei>
        <title>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS 5.0% 05-15-30</title>
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          <isin value="US5444452K44"/>
          <other otherDesc="CG Symbol" value="FXL191603"/>
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        <balance>1810000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1952933.89</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>LOS ANGELES CALIF WASTEWTR SYS</name>
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        <cusip>53945CMC1</cusip>
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          <isin value="US53945CMC19"/>
          <other otherDesc="CG Symbol" value="FXL194055"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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          <isin value="US126292AD39"/>
          <other otherDesc="CG Symbol" value="FXC118928"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH</name>
        <lei>N/A</lei>
        <title>HENRY MAYO NEWHALL HOSPITAL OBLIGATED GROUP (MPT) 4.0% 10-15-51</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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          <other otherDesc="CG Symbol" value="FXC120593"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TRACY COMMUNITY FACILITIES DISTRICT/CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UPLAND COMMUNITY FACILITIES DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.0% 12-01-32</title>
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          <other otherDesc="CG Symbol" value="FXC120594"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.25% 11-15-48</title>
        <cusip>13032UK98</cusip>
        <identifiers>
          <isin value="US13032UK989"/>
          <other otherDesc="CG Symbol" value="FXC158917"/>
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        <curCd>USD</curCd>
        <valUSD>566574.80</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>UPLAND COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>CITY OF UPLAND CA COMMUNITY FACILITIES DISTRICT NO 2016-1 IMPROVEMENT AREA NO 2 4.0% 09-01-40</title>
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        <identifiers>
          <isin value="US91535NDY58"/>
          <other otherDesc="CG Symbol" value="FXU119766"/>
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        <balance>260000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>251291.04</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF CALIFORNIA 4.0% 05-15-40</title>
        <cusip>91412HKR3</cusip>
        <identifiers>
          <isin value="US91412HKR39"/>
          <other otherDesc="CG Symbol" value="FXU120219"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CHF-DAVIS II LLC BAM 3.0% 05-15-54</title>
        <cusip>13049YFR7</cusip>
        <identifiers>
          <isin value="US13049YFR71"/>
          <other otherDesc="CG Symbol" value="FXC123226"/>
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        <curCd>USD</curCd>
        <valUSD>1852294.09</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CSCDA COMMUNITY IMPROVEMENT AUTHORITY UNION SOUTH BAY 4.0% 07-01-56</title>
        <cusip>126292AP6</cusip>
        <identifiers>
          <isin value="US126292AP68"/>
          <other otherDesc="CG Symbol" value="FXC123731"/>
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        <balance>12345000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>10178612.99</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.0% 11-15-30</title>
        <cusip>13032UK31</cusip>
        <identifiers>
          <isin value="US13032UK310"/>
          <other otherDesc="CG Symbol" value="FXC158918"/>
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        <balance>115000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>123136.48</valUSD>
        <pctVal>0.0033983047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.0% 11-15-28</title>
        <cusip>13032UJ90</cusip>
        <identifiers>
          <isin value="US13032UJ908"/>
          <other otherDesc="CG Symbol" value="FXC158919"/>
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        <balance>125000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>130280.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.25% 11-15-58</title>
        <cusip>13032UL30</cusip>
        <identifiers>
          <isin value="US13032UL300"/>
          <other otherDesc="CG Symbol" value="FXC158920"/>
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        <balance>1100000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1118299.60</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.25% 11-15-53</title>
        <cusip>13032UL22</cusip>
        <identifiers>
          <isin value="US13032UL227"/>
          <other otherDesc="CG Symbol" value="FXC158921"/>
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        <balance>710000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>724464.12</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>2053-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CA STWD FRONT PORCH COMM SVCS 17A 5.0% 04-01-29</title>
        <cusip>13080SRT3</cusip>
        <identifiers>
          <isin value="US13080SRT32"/>
          <other otherDesc="CG Symbol" value="FXC78093"/>
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        <balance>405000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411186.78</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>KIPP SOCAL PUBLIC SCHOOLS OBLIGATED GROUP 5.0% 07-01-37</title>
        <cusip>13059TEV7</cusip>
        <identifiers>
          <isin value="US13059TEV70"/>
          <other otherDesc="CG Symbol" value="FXC78117"/>
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        <balance>860000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>868374.68</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.0% 11-15-43</title>
        <cusip>13032UK80</cusip>
        <identifiers>
          <isin value="US13032UK807"/>
          <other otherDesc="CG Symbol" value="FXC158923"/>
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        <balance>490000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>511083.72</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>EPISCOPAL COMMUNITIES &amp; SERVICES FOR SENIORS OBLIGATED GROUP 5.0% 11-15-32</title>
        <cusip>13032UK56</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>ST MARY AND ALL ANGELS CHRISTIAN CHURCH 5.0% 05-01-34</title>
        <cusip>13051BAA4</cusip>
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          <isin value="US13051BAA44"/>
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        <valUSD>413309.20</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>ST MARY AND ALL ANGELS CHRISTIAN CHURCH 5.5% 05-01-44</title>
        <cusip>13051BAB2</cusip>
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          <isin value="US13051BAB27"/>
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        <balance>465000.00</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>ST MARY AND ALL ANGELS CHRISTIAN CHURCH 5.875% 05-01-59</title>
        <cusip>13051BAD8</cusip>
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        <balance>360000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>363607.20</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <cusip>13080SSD7</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <cusip>13080SSC9</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2021A 4.0% 09-01-46</title>
        <cusip>13051ABJ6</cusip>
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          <isin value="US13051ABJ60"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2021A 4.0% 09-01-36</title>
        <cusip>13051ABG2</cusip>
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          <isin value="US13051ABG22"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FREMONT CALIF CMNTY FACS DIST NO 1</name>
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        <cusip>357129CB9</cusip>
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          <isin value="US357129CB96"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY PASS THROUGH CERTIFICATES</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MULTIFAMILY ML CERTIFICATES 2.75% 11-25-35</title>
        <cusip>3137HAA97</cusip>
        <identifiers>
          <isin value="US3137HAA973"/>
          <other otherDesc="CG Symbol" value="FXF150997"/>
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        <balance>7426391.15</balance>
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        <curCd>USD</curCd>
        <valUSD>6762865.38</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2021A 4.0% 09-01-41</title>
        <cusip>13051ABH0</cusip>
        <identifiers>
          <isin value="US13051ABH05"/>
          <other otherDesc="CG Symbol" value="FXC123745"/>
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        <balance>1315000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1260825.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2021A 4.0% 09-01-51</title>
        <cusip>13051ABK3</cusip>
        <identifiers>
          <isin value="US13051ABK34"/>
          <other otherDesc="CG Symbol" value="FXC123746"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 03-01-56</title>
        <cusip>13013JGF7</cusip>
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          <isin value="US13013JGF75"/>
          <other otherDesc="CG Symbol" value="FXC196947"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2021-9 AREA NO 1 5.25% 09-01-55</title>
        <cusip>13051AMZ8</cusip>
        <identifiers>
          <isin value="US13051AMZ83"/>
          <other otherDesc="CG Symbol" value="FXC197261"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2021-9 AREA NO 1 5.0% 09-01-40</title>
        <cusip>13051AMW5</cusip>
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          <isin value="US13051AMW52"/>
          <other otherDesc="CG Symbol" value="FXC197262"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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        <title>LOYOLA MARYMOUNT UNIVERSITY NATL 0.0% 10-01-33</title>
        <cusip>130175SH6</cusip>
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          <isin value="US130175SH62"/>
          <other otherDesc="CG Symbol" value="FXC19769"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 10-01-55</title>
        <cusip>13013JGR1</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 5.0% 10-01-35</title>
        <cusip>13080S2X1</cusip>
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          <other otherDesc="CG Symbol" value="FXC199966"/>
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        <curCd>USD</curCd>
        <valUSD>29480908.10</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CSCDA COMMUNITY IMPROVEMENT AUTHORITY UNION SOUTH BAY 3.1% 07-01-45</title>
        <cusip>126292AN1</cusip>
        <identifiers>
          <isin value="US126292AN11"/>
          <other otherDesc="CG Symbol" value="FXC123935"/>
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        <balance>1650000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1436636.85</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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          <isin value="US126292AQ42"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
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          <isin value="US126292AS08"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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          <isin value="US13080S2W34"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
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          <isin value="US126292AU53"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
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          <isin value="US13034AQ869"/>
          <other otherDesc="CG Symbol" value="FXC124665"/>
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        <curCd>USD</curCd>
        <valUSD>477919.94</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 109 5.0% 09-01-49</title>
        <cusip>344630M96</cusip>
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          <isin value="US344630M969"/>
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        <curCd>USD</curCd>
        <valUSD>1366190.55</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 109 5.0% 09-01-54</title>
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          <isin value="US344630N207"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 109 5.0% 09-01-44</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 109 5.0% 09-01-39</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FOLSOM RANCH FING AUTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2022-27 5.0% 09-01-40</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>REPUBLIC SERVICES INC (MPT) 3.25% 07-01-51</title>
        <cusip>13048RAK3</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY SPECIAL FINANCE AGENCY I</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <cusip>13080SC69</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CHF-IRVINE LLC 5.0% 05-15-35</title>
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          <isin value="US13078RGH75"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
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          <isin value="US344414HQ39"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
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          <isin value="US344414HS94"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
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        <cusip>344414HT7</cusip>
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          <isin value="US344414HT77"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOLSOM RANCH FING AUTH CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>COLLEGE OF THE SEQUOIAS VISALIA AREA IMPROVEMENT DISTRICT NO 2</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CONGREGATIONAL HOMES INC OBLIGATED GROUP 4.0% 11-15-26</title>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA BAPTIST UNIVERSITY 5.0% 11-01-36</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-49</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 4.7% 09-01-54</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-39</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY 5.0% 09-01-54</title>
        <cusip>13051AJX7</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 12-01-55</title>
        <cusip>13013JHD1</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>WASTE MANAGEMENT INC (MPT) 3.375% 09-01-50</title>
        <cusip>13048RAS6</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>994290.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
        <lei>N/A</lei>
        <title>STATE OF CALIFORNIA 5.0% 11-01-38</title>
        <cusip>13068XMW6</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST ENTERPRISE DEV AUTH</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>ROCKLIN ACADEMY OBLIGATED GROUP 5.0% 06-01-44</title>
        <cusip>13069AAY4</cusip>
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        <name>CALIFORNIA ST ENTERPRISE DEV AUTH</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>ROCKLIN ACADEMY OBLIGATED GROUP 5.0% 06-01-64</title>
        <cusip>13069ABA5</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
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        <name>CALIFORNIA ST ENTERPRISE DEV AUTH</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>ROCKLIN ACADEMY OBLIGATED GROUP 5.0% 06-01-54</title>
        <cusip>13069AAZ1</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DEPARTMENT OF VETERANS AFFAIRS VETERAN'S FARM &amp; HOME PURCHASE PROGRAM</name>
        <lei>N/A</lei>
        <title>DEPARTMENT OF VETERANS AFFAIRS VETERAN'S FARM &amp; HOME PURCHASE PROGRAM 4.0% 12-01-49</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>CALIFORNIA HOUSING FINANCE AGENCY FHA 542(C) (MPT) 3.25% 08-01-64</title>
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          <other otherDesc="CG Symbol" value="FXC184645"/>
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        <curCd>USD</curCd>
        <valUSD>1687734.72</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>COMMONSPIRIT HEALTH OBLIGATED GROUP 4.0% 04-01-49</title>
        <cusip>13032UY44</cusip>
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          <isin value="US13032UY444"/>
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        <curCd>USD</curCd>
        <valUSD>876500.73</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 02-01-55</title>
        <cusip>13013JFD3</cusip>
        <identifiers>
          <isin value="US13013JFD37"/>
          <other otherDesc="CG Symbol" value="FXC185106"/>
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        <curCd>USD</curCd>
        <valUSD>6468624.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY BOLD PROGRAM SERIES 2025D 5.0% 09-01-45</title>
        <cusip>13051AQA9</cusip>
        <identifiers>
          <isin value="US13051AQA96"/>
          <other otherDesc="CG Symbol" value="FXC207123"/>
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        <curCd>USD</curCd>
        <valUSD>971390.20</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE &amp; ECONOMIC DEVELOPMENT BANK</name>
        <lei>549300C1OG9RDIM8ET06</lei>
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        <cusip>13034A7F1</cusip>
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          <isin value="US13034A7F19"/>
          <other otherDesc="CG Symbol" value="FXC207458"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3999212.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>COMMONSPIRIT HEALTH OBLIGATED GROUP 4.0% 04-01-49</title>
        <cusip>13032UY36</cusip>
        <identifiers>
          <isin value="US13032UY360"/>
          <other otherDesc="CG Symbol" value="FXC185159"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31764.96</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.0% 09-01-50</title>
        <cusip>13051APV4</cusip>
        <identifiers>
          <isin value="US13051APV43"/>
          <other otherDesc="CG Symbol" value="FXC206662"/>
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        <balance>2960000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2991302.00</valUSD>
        <pctVal>0.0825535681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>6033 DE SOTO LP (MPT) 2.95% 01-01-56</title>
        <cusip>130483KP4</cusip>
        <identifiers>
          <isin value="US130483KP42"/>
          <other otherDesc="CG Symbol" value="FXC207609"/>
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        <balance>3070000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3069689.93</valUSD>
        <pctVal>0.0847169082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 4.25% 09-02-41</title>
        <cusip>13078YYJ8</cusip>
        <identifiers>
          <isin value="US13078YYJ80"/>
          <other otherDesc="CG Symbol" value="FXC208993"/>
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        <balance>235000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231574.17</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.0% 09-01-50</title>
        <cusip>13051APN2</cusip>
        <identifiers>
          <isin value="US13051APN27"/>
          <other otherDesc="CG Symbol" value="FXC206668"/>
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        <balance>1410000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1424910.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.0% 09-01-45</title>
        <cusip>13051APM4</cusip>
        <identifiers>
          <isin value="US13051APM44"/>
          <other otherDesc="CG Symbol" value="FXC206669"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>953219.41</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 4.25% 09-02-40</title>
        <cusip>13078YYH2</cusip>
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          <isin value="US13078YYH25"/>
          <other otherDesc="CG Symbol" value="FXC208994"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213261.08</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 4.25% 09-02-39</title>
        <cusip>13078YYG4</cusip>
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          <isin value="US13078YYG42"/>
          <other otherDesc="CG Symbol" value="FXC208995"/>
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        <balance>390000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>387971.61</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.125% 09-01-55</title>
        <cusip>13051APQ5</cusip>
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          <isin value="US13051APQ57"/>
          <other otherDesc="CG Symbol" value="FXC206670"/>
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        <curCd>USD</curCd>
        <valUSD>352959.95</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY CMNTY FACS DISTRICT NO 2025-9 IMPT AREA 5.0% 09-01-55</title>
        <cusip>13051APP7</cusip>
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          <isin value="US13051APP74"/>
          <other otherDesc="CG Symbol" value="FXC206683"/>
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        <curCd>USD</curCd>
        <valUSD>1502710.90</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST ENTERPRISE DEV AUTH</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>MILKEN COMMUNITY SCHOOL 5.0% 07-01-33</title>
        <cusip>13067RGD9</cusip>
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          <isin value="US13067RGD98"/>
          <other otherDesc="CG Symbol" value="FXC212622"/>
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        <balance>3990000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4442250.54</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>ODD FELLOWS HOME OF CALIFORNIA CA MTG INS 2.85% 10-01-32</title>
        <cusip>13080S3Q5</cusip>
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          <isin value="US13080S3Q56"/>
          <other otherDesc="CG Symbol" value="FXC212688"/>
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        <balance>1500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1488606.00</valUSD>
        <pctVal>0.0410823571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <cusip>13078YYK5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <title>ODD FELLOWS HOME OF CALIFORNIA CA MTG INS 5.0% 04-01-56</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <cusip>13051AJU3</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CENTRAL VALLEY ENERGY AUTH CALIF</name>
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        <cusip>15569DAG7</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130483KW9</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATE PUBLIC WORKS BOARD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY MUNICIPAL CERTIFICATES SERIES 2026-1 4.05% 07-20-41</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GUAM INTL ARPT AUTH</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GUAM (TERRITORY OF)</name>
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          <other otherDesc="CG Symbol" value="FXG199893"/>
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        <curCd>USD</curCd>
        <valUSD>402339.11</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>LARCHMONT SCHOOLS 6.0% 06-01-56</title>
        <cusip>13058TWB2</cusip>
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          <isin value="US13058TWB24"/>
          <other otherDesc="CG Symbol" value="FXC213373"/>
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        <curCd>USD</curCd>
        <valUSD>309465.30</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH</name>
        <lei>N/A</lei>
        <title>LARCHMONT SCHOOLS 6.25% 06-01-65</title>
        <cusip>13058TWC0</cusip>
        <identifiers>
          <isin value="US13058TWC07"/>
          <other otherDesc="CG Symbol" value="FXC213374"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.250000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CHAFFEY CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
        <title>CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT 0.0% 08-01-32</title>
        <cusip>157411QB8</cusip>
        <identifiers>
          <isin value="US157411QB83"/>
          <other otherDesc="CG Symbol" value="FXC211087"/>
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        <balance>535000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>407783.42</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>REPUBLIC SERVICES INC (MPT) 2.8% 03-01-56</title>
        <cusip>13048RAT4</cusip>
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          <isin value="US13048RAT41"/>
          <other otherDesc="CG Symbol" value="FXC211264"/>
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        <balance>2480000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2478363.20</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.800000000000</annualizedRt>
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      <invstOrSec>
        <name>GUAM (TERRITORY OF)</name>
        <lei>N/A</lei>
        <title>TERRITORY OF GUAM 5.0% 01-01-35</title>
        <cusip>40065NDB0</cusip>
        <identifiers>
          <isin value="US40065NDB01"/>
          <other otherDesc="CG Symbol" value="FXG199895"/>
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        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>547416.50</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
        <title>HEMET UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2020-2 5.0% 09-01-56</title>
        <cusip>423540QK2</cusip>
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          <isin value="US423540QK25"/>
          <other otherDesc="CG Symbol" value="FXH210950"/>
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        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503221.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY 5.0% 02-01-31</title>
        <cusip>13013JHN9</cusip>
        <identifiers>
          <isin value="US13013JHN90"/>
          <other otherDesc="CG Symbol" value="FXC212149"/>
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        <balance>5000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5316270.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY 5.25% 02-01-36</title>
        <cusip>13013JHW9</cusip>
        <identifiers>
          <isin value="US13013JHW99"/>
          <other otherDesc="CG Symbol" value="FXC212209"/>
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        <balance>4420000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4764348.94</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>PRG - POTRERO PROPERTIES LLC 5.5% 09-01-56</title>
        <cusip>13048V6R4</cusip>
        <identifiers>
          <isin value="US13048V6R46"/>
          <other otherDesc="CG Symbol" value="FXC213588"/>
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        <balance>2515000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2704168.24</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>PRG - POTRERO PROPERTIES LLC 5.25% 09-01-51</title>
        <cusip>13048V6Q6</cusip>
        <identifiers>
          <isin value="US13048V6Q62"/>
          <other otherDesc="CG Symbol" value="FXC213590"/>
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        <balance>2380000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2524877.74</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>SANTA MONICA TOWERS LP HUD SECT 8 (MPT) 2.6% 10-01-47</title>
        <cusip>13034DBU7</cusip>
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          <isin value="US13034DBU72"/>
          <other otherDesc="CG Symbol" value="FXC212211"/>
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        <balance>1420000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1400472.16</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.25% 10-01-51</title>
        <cusip>13063ESR8</cusip>
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          <isin value="US13063ESR89"/>
          <other otherDesc="CG Symbol" value="FXC212430"/>
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        <balance>3685000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>4009818.01</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>PRG - POTRERO PROPERTIES LLC 5.0% 06-30-32</title>
        <cusip>13048V6U7</cusip>
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          <isin value="US13048V6U74"/>
          <other otherDesc="CG Symbol" value="FXC213593"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA (STATE OF)</name>
        <lei>9845007J7054602FF597</lei>
        <title>STATE OF CALIFORNIA 5.0% 10-01-46</title>
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        <curCd>USD</curCd>
        <valUSD>1045781.35</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
        <title>HEMET UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2020-2 5.0% 09-01-51</title>
        <cusip>423540QJ5</cusip>
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          <other otherDesc="CG Symbol" value="FXH210951"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1041736.85</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>HARTNELL CALIF CMNTY COLLEGE DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHABOT-LAS POSITAS CMNTY COLLEGE DIST</name>
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        <cusip>15722THN4</cusip>
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          <isin value="US15722THN46"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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          <isin value="US13078RGL87"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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          <isin value="US130179KL78"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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          <isin value="US544532DP69"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ALAMEDA CALIF CMNTY FACS DIST</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF AMERICAN CANYON CA</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF AMERICAN CANYON CA</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF AMERICAN CANYON CA</name>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LAMMERSVILLE JOINT UNIFIED SCHOOL DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>AS</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>CHAFFEY CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
        <title>CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT 0.0% 08-01-27</title>
        <cusip>157411RS0</cusip>
        <identifiers>
          <isin value="US157411RS00"/>
          <other otherDesc="CG Symbol" value="FXC100238"/>
        </identifiers>
        <balance>895000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>864535.10</valUSD>
        <pctVal>0.0238593286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</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>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>ALDERSLY CA MTG INS 3.75% 11-15-28</title>
        <cusip>13048VL89</cusip>
        <identifiers>
          <isin value="US13048VL890"/>
          <other otherDesc="CG Symbol" value="FXC150185"/>
        </identifiers>
        <balance>580000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>580119.48</valUSD>
        <pctVal>0.0160100629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</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>CARSON PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CITY OF CARSON CA REASSESSMENT DISTRICT NO 2001-1 5.0% 09-02-27</title>
        <cusip>14601GBT4</cusip>
        <identifiers>
          <isin value="US14601GBT40"/>
          <other otherDesc="CG Symbol" value="FXC100872"/>
        </identifiers>
        <balance>1525000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1567035.10</valUSD>
        <pctVal>0.0432468333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>CORONA COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>CITY OF CORONA CA COMMUNITY FACILITIES DISTRICT NO 2018-1 IMPROVEMENT AREA NO 1 5.0% 09-01-34</title>
        <cusip>219680EJ0</cusip>
        <identifiers>
          <isin value="US219680EJ08"/>
          <other otherDesc="CG Symbol" value="FXC100924"/>
        </identifiers>
        <balance>800000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>811731.20</valUSD>
        <pctVal>0.0224020533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>ALDERSLY CA MTG INS 4.0% 11-15-28</title>
        <cusip>13048VL71</cusip>
        <identifiers>
          <isin value="US13048VL718"/>
          <other otherDesc="CG Symbol" value="FXC150186"/>
        </identifiers>
        <balance>250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250156.25</valUSD>
        <pctVal>0.0069037800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>REPUBLIC SERVICES INC (MPT) 2.875% 07-01-43</title>
        <cusip>130536RN7</cusip>
        <identifiers>
          <isin value="US130536RN77"/>
          <other otherDesc="CG Symbol" value="FXC151452"/>
        </identifiers>
        <balance>7190000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7178913.02</valUSD>
        <pctVal>0.1981227189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</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>COAST CMNTY COLLEGE DIST CALIF</name>
        <lei>N/A</lei>
        <title>COAST COMMUNITY COLLEGE DISTRICT 0.0% 08-01-42</title>
        <cusip>190335KA6</cusip>
        <identifiers>
          <isin value="US190335KA68"/>
          <other otherDesc="CG Symbol" value="FXC106048"/>
        </identifiers>
        <balance>3070000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1575892.40</valUSD>
        <pctVal>0.0434912759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</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>COAST CMNTY COLLEGE DIST CALIF</name>
        <lei>N/A</lei>
        <title>COAST COMMUNITY COLLEGE DISTRICT 3.0% 08-01-38</title>
        <cusip>190335JW0</cusip>
        <identifiers>
          <isin value="US190335JW08"/>
          <other otherDesc="CG Symbol" value="FXC106206"/>
        </identifiers>
        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2327775.00</valUSD>
        <pctVal>0.0642416353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01</name>
        <lei>N/A</lei>
        <title>COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01 AREA NO 1 5.0% 09-01-47</title>
        <cusip>54531MAS5</cusip>
        <identifiers>
          <isin value="US54531MAS52"/>
          <other otherDesc="CG Symbol" value="FXL139069"/>
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        <balance>905000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>923016.74</valUSD>
        <pctVal>0.0254732974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01</name>
        <lei>N/A</lei>
        <title>COUNTY OF LOS ANGELES CA COMMUNITY FACILITIES DISTRICT NO 2021-01 AREA NO 1 5.0% 09-01-52</title>
        <cusip>54531MAT3</cusip>
        <identifiers>
          <isin value="US54531MAT36"/>
          <other otherDesc="CG Symbol" value="FXL139077"/>
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        <balance>1610000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1626489.62</valUSD>
        <pctVal>0.0448876515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALM DESERT CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF PALM DESERT CA SECTION 29 ASSESSMENT DISTRICT NO 2004-02 4.0% 09-02-31</title>
        <cusip>696618JF5</cusip>
        <identifiers>
          <isin value="US696618JF52"/>
          <other otherDesc="CG Symbol" value="FXP125234"/>
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        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1022460.00</valUSD>
        <pctVal>0.0282177197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PALM DESERT CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF PALM DESERT CA COMMUNITY FACILITIES DISTRICT NO 2021-1 4.0% 09-01-51</title>
        <cusip>696627ES3</cusip>
        <identifiers>
          <isin value="US696627ES36"/>
          <other otherDesc="CG Symbol" value="FXP126289"/>
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        <balance>1525000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1290540.40</valUSD>
        <pctVal>0.0356161681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>HEALTHRIGHT 360 5.0% 11-01-49</title>
        <cusip>13048VNA2</cusip>
        <identifiers>
          <isin value="US13048VNA25"/>
          <other otherDesc="CG Symbol" value="FXC106582"/>
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        <balance>575000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>543665.38</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>HEALTHRIGHT 360 5.0% 11-01-39</title>
        <cusip>13048VMZ8</cusip>
        <identifiers>
          <isin value="US13048VMZ84"/>
          <other otherDesc="CG Symbol" value="FXC106583"/>
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        <balance>1250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1265092.50</valUSD>
        <pctVal>0.0349138602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
        <lei>N/A</lei>
        <title>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS 5.5% 05-15-47</title>
        <cusip>544445F46</cusip>
        <identifiers>
          <isin value="US544445F469"/>
          <other otherDesc="CG Symbol" value="FXL140478"/>
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        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>527205.00</valUSD>
        <pctVal>0.0145497358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</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>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
        <lei>N/A</lei>
        <title>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS 5.0% 05-15-47</title>
        <cusip>544445C64</cusip>
        <identifiers>
          <isin value="US544445C649"/>
          <other otherDesc="CG Symbol" value="FXL140481"/>
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        <balance>3000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3075342.00</valUSD>
        <pctVal>0.0848728933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <cusip>544525Q35</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PORT OAKLAND CALIF</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PORT OAKLAND CALIF</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
        <lei>N/A</lei>
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        <cusip>544525T40</cusip>
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          <isin value="US544525T402"/>
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        <curCd>USD</curCd>
        <valUSD>258992.50</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>LYNWOOD CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LYNWOOD UNIFIED SCHOOL DISTRICT BAM 3.0% 08-01-48</title>
        <cusip>551800KM6</cusip>
        <identifiers>
          <isin value="US551800KM63"/>
          <other otherDesc="CG Symbol" value="FXL150395"/>
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        <balance>3260000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2558584.92</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>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP 5.0% 08-01-33</title>
        <cusip>697527AS8</cusip>
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          <isin value="US697527AS88"/>
          <other otherDesc="CG Symbol" value="FXP163163"/>
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        <balance>530000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>529219.84</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PORT OAKLAND CALIF</name>
        <lei>N/A</lei>
        <title>PORT OF OAKLAND 5.0% 11-01-28</title>
        <cusip>735000UT6</cusip>
        <identifiers>
          <isin value="US735000UT61"/>
          <other otherDesc="CG Symbol" value="FXP164079"/>
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        <balance>10000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>10352.41</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2021-13 5.0% 09-01-55</title>
        <cusip>13051AMF2</cusip>
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          <isin value="US13051AMF20"/>
          <other otherDesc="CG Symbol" value="FXC191462"/>
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        <curCd>USD</curCd>
        <valUSD>1351776.60</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2021-13 5.0% 09-01-45</title>
        <cusip>13051AMD7</cusip>
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          <isin value="US13051AMD71"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELECTRIC POWER AUTHORITY 5.0% 07-01-31</title>
        <cusip>74526QZM7</cusip>
        <identifiers>
          <isin value="US74526QZM76"/>
          <other otherDesc="CG Symbol" value="FXP165193"/>
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        <balance>2000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1410000.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PALOMAR HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR HEALTH OBLIGATED GROUP AG 0.0% 08-01-29</title>
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        <identifiers>
          <isin value="US69753RCT95"/>
          <other otherDesc="CG Symbol" value="FXP16759"/>
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        <balance>6550000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5828379.95</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2021-13 5.0% 09-01-50</title>
        <cusip>13051AME5</cusip>
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          <isin value="US13051AME54"/>
          <other otherDesc="CG Symbol" value="FXC191464"/>
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        <balance>1250000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1262061.25</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2021-13 5.0% 09-01-40</title>
        <cusip>13051AMC9</cusip>
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          <isin value="US13051AMC98"/>
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        <curCd>USD</curCd>
        <valUSD>622928.40</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY CNTY INFRASTRUCTURE REVITALIZATION</name>
        <lei>N/A</lei>
        <title>CITY &amp; COUNTY SAN FRANCISCO CA INFRASTRUCTURE &amp; REVITALIZATION FING DIST 1 FACS 5.5% 09-01-53</title>
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          <isin value="US79773NAJ72"/>
          <other otherDesc="CG Symbol" value="FXS158314"/>
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        <curCd>USD</curCd>
        <valUSD>1522821.24</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN DIEGO CALIF CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO COMMUNITY COLLEGE DISTRICT 4.0% 08-01-41</title>
        <cusip>797272SQ5</cusip>
        <identifiers>
          <isin value="US797272SQ51"/>
          <other otherDesc="CG Symbol" value="FXS159780"/>
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        <balance>1000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1020524.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>LATHROP CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF LATHROP CA CROSSROADS ASSESSMENT DISTRICT 5.0% 09-02-40</title>
        <cusip>518252EU1</cusip>
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          <isin value="US518252EU14"/>
          <other otherDesc="CG Symbol" value="FXL155565"/>
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        <balance>2030000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2033073.42</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>LOS ANGELES DEPARTMENT OF WATER &amp; POWER POWER SYSTEM REVENUE 5.0% 07-01-41</title>
        <cusip>544532HR8</cusip>
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          <isin value="US544532HR89"/>
          <other otherDesc="CG Symbol" value="FXL155705"/>
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        <balance>500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>537273.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
        <lei>549300EIUFISISP8X671</lei>
        <title>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE 4.329% 07-01-40</title>
        <cusip>74529JRJ6</cusip>
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          <isin value="US74529JRJ69"/>
          <other otherDesc="CG Symbol" value="FXP101811"/>
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        <balance>2468000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>2446187.82</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PERRIS CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
        <title>PERRIS UNION HIGH SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 92-1 5.0% 09-01-31</title>
        <cusip>71440PBQ5</cusip>
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          <other otherDesc="CG Symbol" value="FXP10886"/>
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        <balance>1325000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>1326794.05</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>POMONA CALIF UNI SCH DIST</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SWEETWATER CALIF UN HIGH SCH DIST</name>
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          <isin value="US870462UE64"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SWEETWATER CALIF UN HIGH SCH DIST</name>
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          <isin value="US870462VG04"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF FREMONT CA COMMUNITY FACILITIES DISTRICT NO 2</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITY OF FREMONT CA COMMUNITY FACILITIES DISTRICT NO 2</name>
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        <cusip>357130AX1</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FOLSOM CORDOVA CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FOLSOM CORDOVA CALIF UNI SCH DIST SCH FACS IMPT DIST NO 4</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FOOTHILL EASTERN TRANSN CORRIDOR AGY CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FONTANA CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF FONTANA CA COMMUNITY FACILITIES DISTRICT NO 86 4.0% 09-01-45</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isin value="US544525Z680"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY SALES TAX REVENUE</name>
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          <isin value="US54466HRA67"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY SALES TAX REVENUE</name>
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          <isin value="US54466HQW96"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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          <isin value="US544445BX67"/>
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        <valUSD>500705.50</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
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          <isin value="US544445BT55"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MOUNTAIN HOUSE COMMUNITY FACILITIES DISTRICT</name>
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          <isin value="US62412KAR86"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN DIEGO PUBLIC FACILITIES FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAN DIEGO REG AIRPORT</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITY OF MANTECA CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MOUNTAIN HOUSE COMMUNITY FACILITIES DISTRICT</name>
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        <cusip>62412KAH0</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN LEANDRO UNIFIED SCHOOL DISTRICT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MOUNTAIN HOUSE COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>CITY OF MOUNTAIN HOUSE CA COMMUNITY FACILITIES DISTRICT NO 2024-1 IMPT AREA 6 5.25% 09-01-50</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <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>SAN DIEGO CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <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>SAN MATEO CNTY CALIF CMNTY COLLEGE DIST</name>
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          <isin value="US799038GK45"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SACRAMENTO CNTY CALIF</name>
        <lei>549300OXI5MD45L13R20</lei>
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          <isin value="US786153RA65"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SACRAMENTO CNTY CALIF</name>
        <lei>549300OXI5MD45L13R20</lei>
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          <isin value="US786153QZ26"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SWEETWATER CALIF UN HIGH SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SWEETWATER CALIF UN HIGH SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MENIFEE CALIF UN SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US5868103Z40"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORENO VALLEY CALIF</name>
        <lei>N/A</lei>
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          <isin value="US616865GA33"/>
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        <curCd>USD</curCd>
        <valUSD>740214.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TULARE CALIF LOC HEALTH CARE DIST</name>
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          <isin value="US89910NDH17"/>
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        <curCd>USD</curCd>
        <valUSD>1853812.85</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TRANSBAY JOINT POWERS AUTHORITY</name>
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          <isin value="US89356CBM73"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ONTARIO CALIF</name>
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        <title>CITY OF ONTARIO CA COMMUNITY FACILITIES DISTRICT NO 53 4.0% 09-01-36</title>
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          <isin value="US68304NCC11"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONTARIO CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ONTARIO CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ONTARIO CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>254900FN91TH1F225693</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ORINDA CALIF UN SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>254900FN91TH1F225693</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TRANSBAY JOINT POWERS AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
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        <fairValLevel>2</fairValLevel>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT</name>
        <lei>N/A</lei>
        <title>EASTERN MUNICIPAL WATER DISTRICT COMMUNITY FACILITIES DISTRICT 2016-74 AREA A 4.0% 09-01-40</title>
        <cusip>27627ML88</cusip>
        <identifiers>
          <isin value="US27627ML886"/>
          <other otherDesc="CG Symbol" value="FXE129721"/>
        </identifiers>
        <balance>1075000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1040108.73</valUSD>
        <pctVal>0.0287047871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 4.0% 09-01-51</title>
        <cusip>287254HG4</cusip>
        <identifiers>
          <isin value="US287254HG43"/>
          <other otherDesc="CG Symbol" value="FXE130774"/>
        </identifiers>
        <balance>1785000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1519607.99</valUSD>
        <pctVal>0.0419379460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 4.0% 09-01-46</title>
        <cusip>287254HF6</cusip>
        <identifiers>
          <isin value="US287254HF69"/>
          <other otherDesc="CG Symbol" value="FXE130775"/>
        </identifiers>
        <balance>1280000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1149765.12</valUSD>
        <pctVal>0.0317310700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITY OF TRACY COMMUNITY FACILITIES DISTRICT NO 2006-01</name>
        <lei>N/A</lei>
        <title>CITY OF TRACY CA COMMUNITY FACILITIES DISTRICT NO 2006-01 5.0% 09-01-30</title>
        <cusip>892375AY2</cusip>
        <identifiers>
          <isin value="US892375AY23"/>
          <other otherDesc="CG Symbol" value="FXT101679"/>
        </identifiers>
        <balance>535000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>562193.52</valUSD>
        <pctVal>0.0155153445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 4.0% 09-01-41</title>
        <cusip>287254HE9</cusip>
        <identifiers>
          <isin value="US287254HE94"/>
          <other otherDesc="CG Symbol" value="FXE130776"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>950207.00</valUSD>
        <pctVal>0.0262236907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>ELK GROVE CALIF FIN AUTH</name>
        <lei>N/A</lei>
        <title>CITY OF ELK GROVE CA COMMUNITY FACILITIES DISTRICT NO 2005-1 LAGUNA RIDGE 4.0% 09-01-36</title>
        <cusip>287254HD1</cusip>
        <identifiers>
          <isin value="US287254HD12"/>
          <other otherDesc="CG Symbol" value="FXE130777"/>
        </identifiers>
        <balance>440000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>440271.92</valUSD>
        <pctVal>0.0121505679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH SOUTHN CALIF</name>
        <lei>N/A</lei>
        <title>SAN DIEGO COUNTY TOBACCO ASSET SECURITIZATION CORP 5.0% 06-01-32</title>
        <cusip>888804CH2</cusip>
        <identifiers>
          <isin value="US888804CH21"/>
          <other otherDesc="CG Symbol" value="FXT105098"/>
        </identifiers>
        <balance>2400000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2567421.60</valUSD>
        <pctVal>0.0708553713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>ESCONDIDO CALIF</name>
        <lei>N/A</lei>
        <title>CITY OF ESCONDIDO CA COMMUNITY FACILITIES DISTRICT NO 2020-2 5.0% 09-01-42</title>
        <cusip>29634SDM0</cusip>
        <identifiers>
          <isin value="US29634SDM08"/>
          <other otherDesc="CG Symbol" value="FXE139104"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1032083.00</valUSD>
        <pctVal>0.0284832940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.0% 10-01-32</title>
        <cusip>40064RFN4</cusip>
        <identifiers>
          <isin value="US40064RFN44"/>
          <other otherDesc="CG Symbol" value="FXG182644"/>
        </identifiers>
        <balance>350000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>371965.65</valUSD>
        <pctVal>0.0102654602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-41</title>
        <cusip>40064RFX2</cusip>
        <identifiers>
          <isin value="US40064RFX26"/>
          <other otherDesc="CG Symbol" value="FXG182646"/>
        </identifiers>
        <balance>400000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>421157.20</valUSD>
        <pctVal>0.0116230423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</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>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-39</title>
        <cusip>40064RFV6</cusip>
        <identifiers>
          <isin value="US40064RFV69"/>
          <other otherDesc="CG Symbol" value="FXG182648"/>
        </identifiers>
        <balance>450000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>480847.05</valUSD>
        <pctVal>0.0132703551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-40</title>
        <cusip>40064RFW4</cusip>
        <identifiers>
          <isin value="US40064RFW43"/>
          <other otherDesc="CG Symbol" value="FXG182649"/>
        </identifiers>
        <balance>660000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>701631.48</valUSD>
        <pctVal>0.0193635354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GUAM INTL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>ANTONIO B WON PAT INTERNATIONAL AIRPORT AUTHORITY 5.25% 10-01-37</title>
        <cusip>40064RFT1</cusip>
        <identifiers>
          <isin value="US40064RFT14"/>
          <other otherDesc="CG Symbol" value="FXG182651"/>
        </identifiers>
        <balance>250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>269986.50</valUSD>
        <pctVal>0.0074510527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAYWARD UNIFIED SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>HAYWARD UNIFIED SCHOOL DISTRICT AG 0.0% 08-01-34</title>
        <cusip>421290Z75</cusip>
        <identifiers>
          <isin value="US421290Z754"/>
          <other otherDesc="CG Symbol" value="FXH208984"/>
        </identifiers>
        <balance>1120000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>861398.72</valUSD>
        <pctVal>0.0237727712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
        <title>HEMET UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2020-2 5.0% 09-01-56</title>
        <cusip>423540PV9</cusip>
        <identifiers>
          <isin value="US423540PV98"/>
          <other otherDesc="CG Symbol" value="FXH210947"/>
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        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503221.00</valUSD>
        <pctVal>0.0138878285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEMET CALIF UNI SCH DIST</name>
        <lei>54930041KL801EWMW566</lei>
        <title>HEMET UNIFIED SCHOOL DISTRICT COMMUNITY FACILITIES DISTRICT NO 2020-2 5.0% 09-01-51</title>
        <cusip>423540PU1</cusip>
        <identifiers>
          <isin value="US423540PU16"/>
          <other otherDesc="CG Symbol" value="FXH210948"/>
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        <balance>780000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>788888.10</valUSD>
        <pctVal>0.0217716324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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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 HOUSING FINANCE AGENCY CAHFA_21-1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CMFA SPECIAL FINANCE AGENCY I</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER WATER SYSTEM REVENUE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA CMNTYS HSG FIN AGY</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13080SC85</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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        <title>CSCDA COMMUNITY IMPROVEMENT AUTHORITY MILLENNIUM SOUTH BAY-HAWTHORNE 3.25% 07-01-56</title>
        <cusip>126292BT7</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CSCDA COMMUNITY IMPROVEMENT AUTHORITY MILLENNIUM SOUTH BAY-HAWTHORNE 3.375% 07-01-43</title>
        <cusip>126292BS9</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
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          <isin value="US126292CK53"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATE UNIVERSITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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          <isin value="US13049AAF03"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COACHELLA VALLEY CALIF UNI SCH DIST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHULA VISTA REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHULA VISTA REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHULA VISTA REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LAKE ELSINORE CALIF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LAKE ELSINORE CALIF</name>
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        <name>LAKE ELSINORE CALIF</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CALIF DEPARTMENT OF WATER &amp; POWER</name>
        <lei>549300S8NXV6YU61GG95</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LODI CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>540261MW1</cusip>
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        <curCd>USD</curCd>
        <valUSD>1595964.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF AIRPORTS LOS ANGELES INTERNATIONAL AIR</name>
        <lei>N/A</lei>
        <title>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS 5.0% 05-15-28</title>
        <cusip>544445UK3</cusip>
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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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        <isRestrictedSec>N</isRestrictedSec>
        
        <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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        <fairValLevel>2</fairValLevel>
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        <name>RNR SCH FING AUTH CALIF</name>
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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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      <invstOrSec>
        <name>CATHEDRAL CITY CALIF REDEV AGY</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CATHEDRAL CITY CALIF REDEV AGY</name>
        <lei>N/A</lei>
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          <isin value="US14916YCS63"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA CMNTYS HSG FIN AGY</name>
        <lei>N/A</lei>
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        <cusip>13013FAM6</cusip>
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          <isin value="US13013FAM68"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHULA VISTA CALIF CMNTY FACS DIST</name>
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          <isin value="US171312KX84"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <cusip>171312KY6</cusip>
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          <isin value="US171312KY67"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>FRONT PORCH COMMUNITIES &amp; SERVICES OBLIGATED GROUP 4.0% 04-01-39</title>
        <cusip>13080SC36</cusip>
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          <isin value="US13080SC369"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH</name>
        <lei>N/A</lei>
        <title>O'CONNOR WOODS HOUSING CORP CA MTG INS 4.0% 01-01-43</title>
        <cusip>13057EEW0</cusip>
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          <isin value="US13057EEW03"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA PUB FIN AUTH</name>
        <lei>N/A</lei>
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        <cusip>13057EEU4</cusip>
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          <isin value="US13057EEU47"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA CMNTYS HSG FIN AGY</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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          <isin value="US126292BC47"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA CMNTYS HSG FIN AGY</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSCDA CMNTY IMPT AUTH CALIF</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY CAHFA_21-1</name>
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        <title>CALIFORNIA HOUSING FINANCE AGENCY FHLMC COLL IO FRN 03-25-35</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 4.0% 09-01-51</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.000000000000</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>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 4.0% 09-01-40</title>
        <cusip>13051ACN6</cusip>
        <identifiers>
          <isin value="US13051ACN63"/>
          <other otherDesc="CG Symbol" value="FXC129723"/>
        </identifiers>
        <balance>1045000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012170.28</valUSD>
        <pctVal>0.0279337453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>CALIFORNIA ST MUNI FIN AUTH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY COMMUNITY FACILITIES DISTRICT NO 2020-6 4.0% 09-01-46</title>
        <cusip>13051ACP1</cusip>
        <identifiers>
          <isin value="US13051ACP12"/>
          <other otherDesc="CG Symbol" value="FXC129724"/>
        </identifiers>
        <balance>1305000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1183278.74</valUSD>
        <pctVal>0.0326559746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>CALIFORNIA CMNTYS HSG FIN AGY</name>
        <lei>N/A</lei>
        <title>CALIFORNIA COMMUNITY HOUSING AGENCY K STREET FLATS 3.0% 02-01-57</title>
        <cusip>13013FBE3</cusip>
        <identifiers>
          <isin value="US13013FBE34"/>
          <other otherDesc="CG Symbol" value="FXC129820"/>
        </identifiers>
        <balance>500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>340667.50</valUSD>
        <pctVal>0.0094016979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CSCDA COMMUNITY IMPROVEMENT AUTHORITY ACACIA ON SANTA ROSA CREEK 4.0% 10-01-46</title>
        <cusip>126292BE0</cusip>
        <identifiers>
          <isin value="US126292BE03"/>
          <other otherDesc="CG Symbol" value="FXC130053"/>
        </identifiers>
        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2057722.50</valUSD>
        <pctVal>0.0567887611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>CSCDA CMNTY IMPT AUTH CALIF</name>
        <lei>N/A</lei>
        <title>CSCDA COMMUNITY IMPROVEMENT AUTHORITY 1818 PLATINUM TRIANGLE-ANAHEIM 3.25% 04-01-57</title>
        <cusip>126292BG5</cusip>
        <identifiers>
          <isin value="US126292BG50"/>
          <other otherDesc="CG Symbol" value="FXC130170"/>
        </identifiers>
        <balance>1215000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>881754.66</valUSD>
        <pctVal>0.0243345518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</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>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>FRONT PORCH COMMUNITIES &amp; SERVICES OBLIGATED GROUP 3.5% 04-01-35</title>
        <cusip>13080SRZ9</cusip>
        <identifiers>
          <isin value="US13080SRZ91"/>
          <other otherDesc="CG Symbol" value="FXC164956"/>
        </identifiers>
        <balance>250000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246747.50</valUSD>
        <pctVal>0.0068097058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</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>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CHF-IRVINE LLC 5.0% 05-15-29</title>
        <cusip>13078RGB0</cusip>
        <identifiers>
          <isin value="US13078RGB06"/>
          <other otherDesc="CG Symbol" value="FXC16564"/>
        </identifiers>
        <balance>1000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001454.00</valUSD>
        <pctVal>0.0276379988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-06-22</ncom:dateSigned>
      <ncom:nameOfApplicant>American Funds Tax Exempt Series II / CA</ncom:nameOfApplicant>
      <ncom:signature>Scott Lewis</ncom:signature>
      <ncom:signerName>Scott Lewis</ncom:signerName>
      <ncom:title>Compliance Specialist Senior</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
