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        <name>Goodyear, Arizona, Water and Sewer Revenue Obligations, Subordinate Lien Series 2025</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Queen Creek, Arizona, Excise Tax &amp; State Shared Revenue Obligation Bonds, Refunding Series 2016</name>
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        <name>Maricopa County Special Health Care District, Arizona, General Obligation Bonds, Series 2018C</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Board of Regents, Arizona State University System Revenue Bonds, Series 2026A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Festival Ranch Community Facilities District, Buckeye, Arizona, General Obligation Bonds, Series 2018</name>
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        <fairValLevel>2</fairValLevel>
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        <name>McAllister Academic Village LLC, Arizona, Revenue Bonds, Arizona State University Hassayampa Academic Village Project, Refunding Series 2016</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Goodyear, Arizona, Water and Sewer Revenue Obligations, Subordinate Lien Series 2020</name>
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        <title>Goodyear, Arizona, Water and Sewer Revenue Obligations, Subordinate Lien Series 2020</title>
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          <isin value="US382900EB06"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Salt River Project Agricultural Improvement and Power District, Arizona, Electric System Revenue Bonds, Series 2023B</name>
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          <isin value="US79574CFQ15"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Phoenix and Maricopa County Industrial Development Authority, Arizona, Single Family Mortgage Revenue Bonds, Series 2023A</name>
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        <cusip>566736EH3</cusip>
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          <isin value="US566736EH32"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, GreatHearts Arizona Projects, Series 2021A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2020A</name>
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        <title>Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Refunding Senior Lien Series 2020A</title>
        <cusip>745160SJ1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Legacy Traditional Schools Projects, Series 2015</name>
        <lei>549300A62PWFBDWB8332</lei>
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        <cusip>71885FDU8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority, Arizona, Economic Development Revenue Bonds, Linder Village Project in Meridian, Ada County, Idaho, Series 2</name>
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        <title>Arizona Industrial Development Authority, Arizona, Economic Development Revenue Bonds, Linder Village Project in Meridian, Ada County, Idaho, Series 2</title>
        <cusip>040523AJ1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Vistancia North Community Facilities District, Peoria, Arizona, General Obligation Bonds, Series 2024</name>
        <lei>N/A</lei>
        <title>Vistancia North Community Facilities District, Peoria, Arizona, General Obligation Bonds, Series 2024</title>
        <cusip>92841AAM9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Series 2016</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Goodyear Community Facilities Utilities District 1, Arizona, General Obligation Bonds, Refunding Series 2016</name>
        <lei>N/A</lei>
        <title>Goodyear Community Facilities Utilities District 1, Arizona, General Obligation Bonds, Refunding Series 2016</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority, Multifamily Housing Revenue Bonds, Bridgewater Avondale Project, Series 2017</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Board of Regents, Arizona State University System Revenue Bonds, Series 2026A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yuma County, Arizona, Pledge Revenue Obligations, Series 2022</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sundance Community Facilities District, Buckeye, Arizona, General Obligation Bonds, Refunding Series 2018</name>
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        <name>Maricopa County School District 14 Creighton Elementary, Arizona, General Obligation Bonds, School Improvement Series 2021C</name>
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        <name>Eastmark Community Facilities District 1, Mesa, Arizona, General Obligation Bonds, Series 2017</name>
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        <name>Queen Creek, Arizona, Excise Tax &amp; State Shared Revenue Obligation Bonds, Refunding Series 2016</name>
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        <name>Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Senior Lien Series 2018</name>
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        <name>Phoenix Civic Improvement Corporation, Arizona, Wastewater System Revenue Bonds, Junior Lien Series 2023</name>
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      <invstOrSec>
        <name>Yavapai County Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yavapai Regional Medical Center, Series 2019</name>
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        <title>Yavapai County Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yavapai Regional Medical Center, Series 2019</title>
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        <name>Goodyear Community Facilities Utilities District 1, Arizona, General Obligation Bonds, Refunding Series 2016</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Great Hearts Academies Projects, Series 2017C</name>
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        <name>Arizona Industrial Development Authority, Arizona, Lease Revenue Bonds, Children's National Prince County Regional Medical Center, Series 2020A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Refunding Series 2016A</name>
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        <title>Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Refunding Series 2016A</title>
        <cusip>56682HBZ1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Merrill Ranch Community Facilities District 2, Florence, Arizona, General Obligation Bonds, Series 2017</name>
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        <cusip>590206CC0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Festival Ranch Community Facilities District, Buckeye, Arizona, General Obligation Bonds, Series 2017</name>
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        <cusip>315598DJ8</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Superstition Vistas Community Facilities District 1, Apache Junction, Arizona, Special Assessment Revenue Bonds, Series 2023</name>
        <lei>N/A</lei>
        <title>Superstition Vistas Community Facilities District 1, Apache Junction, Arizona, Special Assessment Revenue Bonds, Series 2023</title>
        <cusip>86852AAM7</cusip>
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          <isin value="US86852AAM71"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007</name>
        <lei>549300VEWOZY6TQOIF03</lei>
        <title>Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007</title>
        <cusip>79575EAQ1</cusip>
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          <isin value="US79575EAQ17"/>
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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>Industrial Development Authority, Pima County, Arizona, Education Revenue Bonds, Center for Academic Success Project, Refunding Series 2019</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Industrial Development Authority, Pima County, Arizona, Education Revenue Bonds, Center for Academic Success Project, Refunding Series 2019</title>
        <cusip>72177MSN8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Tartesso West Community Facility District, Buckeye, Arizona, General Obligation Bonds, Series 2024</name>
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        <title>Tartesso West Community Facility District, Buckeye, Arizona, General Obligation Bonds, Series 2024</title>
        <cusip>876498CT1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Cadence Community Facilities District, Mesa, Arizona, Special Assessment Revenue Bonds, Assessment District 3, Series 2020</name>
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        <title>Cadence Community Facilities District, Mesa, Arizona, Special Assessment Revenue Bonds, Assessment District 3, Series 2020</title>
        <cusip>12738CAU1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A</name>
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        <title>Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A</title>
        <cusip>988514DE2</cusip>
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          <isin value="US988514DE22"/>
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        <name>Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Senior Lien Series 2017A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Merrill Ranch Community Facilities District 2, Florence, Arizona, General Obligation Bonds, Series 2016</name>
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        <title>Merrill Ranch Community Facilities District 2, Florence, Arizona, General Obligation Bonds, Series 2016</title>
        <cusip>590206BZ0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Chandler Industrial Development Authority, Arizona, Industrial Development Revenue Bonds, Intel Corporation Project, Series 2007</name>
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        <cusip>158862CD2</cusip>
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        <invCountry>US</invCountry>
        
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tucson and Pima County Industrial Development Authority, Arizona, Joint Single Family Mortgage Revenue Bonds, Series 2024A</name>
        <lei>N/A</lei>
        <title>Tucson and Pima County Industrial Development Authority, Arizona, Joint Single Family Mortgage Revenue Bonds, Series 2024A</title>
        <cusip>898700HN2</cusip>
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          <isin value="US898700HN22"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Guam Government, Limited Obligation Section 30 Revenue Bonds, Series 2016A</name>
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      <ncom:signature>Gina Spunder</ncom:signature>
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      <ncom:title>Director, Fund Financial Reporting</ncom:title>
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</edgarSubmission>
