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        <curCd>USD</curCd>
        <valUSD>1001340</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>2048-12-01</maturityDt>
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          <annualizedRt>5.75</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NASSAU CNTY NY INDL DEV AGY CC</name>
        <lei>N/A</lei>
        <title>Nassau County Industrial Development Agency</title>
        <cusip>631ESCAA8</cusip>
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          <isin value="US631ESCAA82"/>
          <other otherDesc="INTERNAL" value="631ESCAA8"/>
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        <balance>1365028</balance>
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        <curCd>USD</curCd>
        <valUSD>136.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2058-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.01</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN ATLANTA RAPID TRAN AUTHORITY (GA)</name>
        <lei>5493006NVWO3NVLK0F49</lei>
        <title>Metropolitan Atlanta Rapid Transit Authority</title>
        <cusip>591746CA8</cusip>
        <identifiers>
          <isin value="US591746CA86"/>
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        <balance>3000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3131412.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13058TSQ4</cusip>
        <identifiers>
          <isin value="US13058TSQ49"/>
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        <balance>580000</balance>
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        <curCd>USD</curCd>
        <valUSD>592045.09</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY (WV)</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority</title>
        <cusip>95648VBV0</cusip>
        <identifiers>
          <isin value="US95648VBV09"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1025267.3</valUSD>
        <pctVal>0.2233192425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.625</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 SALES TAX FINANCING CORP</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
        <cusip>74529JPW9</cusip>
        <identifiers>
          <isin value="US74529JPW98"/>
          <other otherDesc="SEDOL" value="BJHMV08"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1923121.4</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>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</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 INFRASTRUCTURE ECONOMIC DEVELOPMENT BANK (CA)</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank</title>
        <cusip>13034A7E4</cusip>
        <identifiers>
          <isin value="US13034A7E44"/>
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        <balance>1445000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>809200</valUSD>
        <pctVal>0.1762564075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12</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>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (SC)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
        <cusip>83704EAE4</cusip>
        <identifiers>
          <isin value="US83704EAE41"/>
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        <balance>400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400134.04</valUSD>
        <pctVal>0.0871554479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</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>FLORIDA LOC GOVT FIN COMMN</name>
        <lei>N/A</lei>
        <title>Florida Local Government Finance Commission</title>
        <cusip>34077KAA0</cusip>
        <identifiers>
          <isin value="US34077KAA07"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1048571.5</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>2030-12-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11</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>KALAMAZOO ECONOMIC DEVELOPMENT CORP (THE) (MI)</name>
        <lei>N/A</lei>
        <title>Kalamazoo Economic Development Corp</title>
        <cusip>483228EG3</cusip>
        <identifiers>
          <isin value="US483228EG36"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1025143.7</valUSD>
        <pctVal>0.2232923205</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEWARK N J</name>
        <lei>N/A</lei>
        <title>City of Newark NJ Mass Transit Access Tax Revenue</title>
        <cusip>650360AD2</cusip>
        <identifiers>
          <isin value="US650360AD27"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1097392</valUSD>
        <pctVal>0.2390291294</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ORANGE COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>ORANGE COUNTY HEALTH FACILITIES AUTHORITY</title>
        <cusip>68450LJQ9</cusip>
        <identifiers>
          <isin value="US68450LJQ95"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1039401.9</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>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>IOWA FINANCE AUTHORITY (IA)</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAU9</cusip>
        <identifiers>
          <isin value="US46246SAU96"/>
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        <balance>2930000</balance>
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        <curCd>USD</curCd>
        <valUSD>3317286.52</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOBILE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (AL)</name>
        <lei>N/A</lei>
        <title>Mobile County Industrial Development Authority</title>
        <cusip>60733UAB7</cusip>
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          <isin value="US60733UAB70"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>940957.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NIAGARA AREA DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>NIAGARA AREA DEVELOPMENT CORP</title>
        <cusip>653542AC4</cusip>
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          <isin value="US653542AC49"/>
          <ticker value="NIAPOL"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00LVGKWD6"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>904026.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFE0</cusip>
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          <isin value="US74526YFE05"/>
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        <balance>310000</balance>
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        <curCd>USD</curCd>
        <valUSD>229400</valUSD>
        <pctVal>0.0499669054</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461364F5</cusip>
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          <isin value="US6461364F58"/>
          <ticker value="NJSTRN"/>
          <other otherDesc="SEDOL" value="BGHFFD7"/>
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        <balance>575000</balance>
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        <curCd>USD</curCd>
        <valUSD>600756.09</valUSD>
        <pctVal>0.1308540660</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
        <lei>N/A</lei>
        <title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>04052BCS1</cusip>
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          <isin value="US04052BCS16"/>
          <ticker value="AZSEDU"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00HMS5M93"/>
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        <balance>650000</balance>
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        <curCd>USD</curCd>
        <valUSD>601186.89</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>GUAM GOVERNMENT WATERWORKS AUTHORITY</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FFK5</cusip>
        <identifiers>
          <isin value="US40065FFK57"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1040927.2</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>KING CNTY WASH PUB HOSP DIST NO 4</name>
        <lei>N/A</lei>
        <title>King County Public Hospital District No 4</title>
        <cusip>494796AH8</cusip>
        <identifiers>
          <isin value="US494796AH87"/>
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        <balance>3000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3039680.7</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>2060-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667BX5</cusip>
        <identifiers>
          <isin value="US882667BX54"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2067723.2</valUSD>
        <pctVal>0.4503824307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TALAVERA COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>TALAVERA CDD 4.5 5/50</title>
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        <identifiers>
          <isin value="US87410PAH82"/>
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        <balance>770000</balance>
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        <curCd>USD</curCd>
        <valUSD>698756.29</valUSD>
        <pctVal>0.1522000413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645UGH1</cusip>
        <identifiers>
          <isin value="US19645UGH14"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>389300.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WINDWARD AT LAKEWOOD RANCH CMNTY DEV DIST FLA</name>
        <lei>N/A</lei>
        <title>Windward at Lakewood Ranch Community Development District</title>
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          <isin value="US97382EAK91"/>
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        <balance>1330000</balance>
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        <curCd>USD</curCd>
        <valUSD>1129492.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PANORAMA PUB INFRASTRUCTURE DIST NO 1 UTAH</name>
        <lei>N/A</lei>
        <title>Panorama Public Infrastructure District No 1</title>
        <cusip>69862YAA5</cusip>
        <identifiers>
          <isin value="US69862YAA55"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2024836.8</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>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLUMBIA (DC), DISTRICT OF</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>DISTRICT OF COLUMBIA</title>
        <cusip>25483VSG0</cusip>
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          <isin value="US25483VSG04"/>
          <ticker value="DISREV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00HBV7S66"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>924920.9</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>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT LAKE CITY UTAH</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
        <cusip>795576NB9</cusip>
        <identifiers>
          <isin value="US795576NB92"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1581535.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LT RANCH CMNTY DEB DIST FLA</name>
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        <title>LT Ranch Community Development District</title>
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          <isin value="US54912EAM57"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021306</valUSD>
        <pctVal>0.2224564094</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7</annualizedRt>
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      <invstOrSec>
        <name>DESERTXPRESS ENTERPRISES LLC</name>
        <lei>254900UTS074X7B9VE11</lei>
        <title>DesertXpress Enterprises LLC</title>
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          <ticker value="2610965D"/>
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        <valUSD>48056</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA)</name>
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        <title>City of Los Angeles Department of Airports</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PUERTO RICO, COMMONWEALTH OF</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-01</maturityDt>
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          <annualizedRt>0.01</annualizedRt>
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        <name>KALAMAZOO MICH ECONOMIC DEV CORP</name>
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        <title>Kalamazoo Economic Development Corp</title>
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          <isin value="US483228EJ74"/>
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        <balance>610000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON TEX</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
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          <isin value="US442349JU17"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MOBILE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (AL)</name>
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        <title>Mobile County Industrial Development Authority</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT (PA)</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT</title>
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          <ticker value="PHIDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG000ZK1GK7"/>
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        <balance>590000</balance>
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        <curCd>USD</curCd>
        <valUSD>590799.98</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>
          <annualizedRt>5.625</annualizedRt>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</title>
        <cusip>63607WAN4</cusip>
        <identifiers>
          <isin value="US63607WAN48"/>
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        <curCd>USD</curCd>
        <valUSD>932615.39</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.875</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116JQ0</cusip>
        <identifiers>
          <isin value="US650116JQ04"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2107343.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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>PUERTO RICO ELEC PWR AUTH</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFF7</cusip>
        <identifiers>
          <isin value="US74526YFF79"/>
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        <balance>195000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144300</valUSD>
        <pctVal>0.0314307954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
          <isDefault>Y</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER HEALTH AND HOSPITAL AUTHORITY (CO)</name>
        <lei>549300WFV5S7GIR4OS67</lei>
        <title>Denver Health &amp; Hospital Authority</title>
        <cusip>24918EEP1</cusip>
        <identifiers>
          <isin value="US24918EEP16"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>798522.9</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>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645RY54</cusip>
        <identifiers>
          <isin value="US19645RY542"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000509.2</valUSD>
        <pctVal>0.2179265414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)</name>
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        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
        <cusip>64971XQM3</cusip>
        <identifiers>
          <isin value="US64971XQM38"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>480576</valUSD>
        <pctVal>0.1046769640</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>PUBLIC AUTHORITY FOR COLORADO ENERGY (CO)</name>
        <lei>549300C6IJKXQOMRAB11</lei>
        <title>PUBLIC AUTHORITY FOR COLORADO ENERGY</title>
        <cusip>744387AC5</cusip>
        <identifiers>
          <isin value="US744387AC51"/>
          <ticker value="PUBUTL"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00119T610"/>
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        <balance>1305000</balance>
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        <curCd>USD</curCd>
        <valUSD>1360482.21</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>6.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA INDL DEV AUTH</name>
        <lei>549300RM19LZY32DAU30</lei>
        <title>FL MIA 5.25 06/15/2056</title>
        <cusip>59334GAY3</cusip>
        <identifiers>
          <isin value="US59334GAY35"/>
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        <balance>1725000</balance>
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        <curCd>USD</curCd>
        <valUSD>1725350.87</valUSD>
        <pctVal>0.3758083861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEE1</cusip>
        <identifiers>
          <isin value="US74526YEE14"/>
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        <balance>4000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2940000</valUSD>
        <pctVal>0.6403779511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>Y</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>BIRMINGHAM SPECIAL CARE FACILITIES FINANCING (AL)</name>
        <lei>N/A</lei>
        <title>Alabama Special Care Facilities Financing Authority-Birmingham AL</title>
        <cusip>090929HA1</cusip>
        <identifiers>
          <isin value="US090929HA18"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2089894.8</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>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>CAPITAL PROJS FIN AUTH FLA</name>
        <lei>N/A</lei>
        <title>Capital Projects Finance Authority/FL</title>
        <cusip>14043HAE2</cusip>
        <identifiers>
          <isin value="US14043HAE27"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1562170.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125</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>NORTH TEX TWY AUTH</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WR32</cusip>
        <identifiers>
          <isin value="US66285WR329"/>
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        <balance>1500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1635715.5</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LT RANCH CMNTY DEB DIST FLA</name>
        <lei>N/A</lei>
        <title>LT Ranch Community Development District</title>
        <cusip>54912EAQ6</cusip>
        <identifiers>
          <isin value="US54912EAQ61"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>516375.35</valUSD>
        <pctVal>0.1124746220</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85</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>WEST VIRGINIA HOSPITAL FINANCE AUTHORITY (WV)</name>
        <lei>N/A</lei>
        <title>West Virginia Hospital Finance Authority</title>
        <cusip>956622X25</cusip>
        <identifiers>
          <isin value="US956622X251"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1065032.8</valUSD>
        <pctVal>0.2319807899</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VIRGINIA BEACH CITY DEVELOPMENT AUTHORITY (VA)</name>
        <lei>N/A</lei>
        <title>Virginia Beach Development Authority</title>
        <cusip>92774NBC3</cusip>
        <identifiers>
          <isin value="US92774NBC39"/>
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        <balance>1365000</balance>
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        <curCd>USD</curCd>
        <valUSD>1489045.74</valUSD>
        <pctVal>0.3243374354</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</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>SIOUX FALLS (SD), CITY OF</name>
        <lei>N/A</lei>
        <title>CITY OF SIOUX FALLS SD</title>
        <cusip>829566CS5</cusip>
        <identifiers>
          <isin value="US829566CS53"/>
          <ticker value="SIOMED"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00GNDXF91"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>916245.1</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125</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>NORTH CAROLINA MEDICAL CARE COMMISSION (NC)</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65820YTP1</cusip>
        <identifiers>
          <isin value="US65820YTP15"/>
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        <balance>1665000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1674654.67</valUSD>
        <pctVal>0.3647659614</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>5.5</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>WINONA PORT AUTHORITY (MN)</name>
        <lei>N/A</lei>
        <title>WINONA PORT AUTHORITY</title>
        <cusip>975243AC0</cusip>
        <identifiers>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW MEMPHIS ARENA PUBLIC BUILDING AUTHORITY OF MEMPHIS AND SHELBY COUNTY (TN)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (SC)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>COLUMBIA TOWN INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA DEVELOPMENT FINANCE CORP (FL)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061QCU9</cusip>
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          <isin value="US34061QCU94"/>
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        <curCd>USD</curCd>
        <valUSD>1023258.9</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638RKH9</cusip>
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          <isin value="US87638RKH92"/>
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        <curCd>USD</curCd>
        <valUSD>1427201.7</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISIANA PUBLIC FACILITIES AUTHORITY (LA)</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399SX5</cusip>
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          <isin value="US546399SX51"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1022300.7</valUSD>
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        <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>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH JERSEY PORT CORP (NJ)</name>
        <lei>N/A</lei>
        <title>SOUTH JERSEY PORT CORP</title>
        <cusip>838530RH8</cusip>
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          <isin value="US838530RH87"/>
          <ticker value="SJPTRN"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>500714.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
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        <title>New York Transportation Development Corp</title>
        <cusip>650116GY6</cusip>
        <identifiers>
          <isin value="US650116GY64"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>521010.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY METRO GOVT</name>
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        <cusip>54659LCZ5</cusip>
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          <isin value="US54659LCZ58"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1065757.6</valUSD>
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        <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>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY METRO GOVT</name>
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        <title>Louisville/Jefferson County Metropolitan Government</title>
        <cusip>54659LCY8</cusip>
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          <isin value="US54659LCY83"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1069280.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO CITY BOARD OF EDUCATION (IL)</name>
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        <title>Chicago Board of Education</title>
        <cusip>167505ZG4</cusip>
        <identifiers>
          <isin value="US167505ZG42"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2052786.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NORTH RANGE METTROPOLITAN DISTRICT N.2 (CO)</name>
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        <title>NORTH RANGE METROPOLITAN DISTRICT NO 2</title>
        <cusip>66176MAF7</cusip>
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          <isin value="US66176MAF77"/>
          <ticker value="NRTGEN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00GP279G8"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>2500335.5</valUSD>
        <pctVal>0.5446121512</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA)</name>
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        <title>Massachusetts Development Finance Agency</title>
        <cusip>57585BEX2</cusip>
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        <curCd>USD</curCd>
        <valUSD>1027060.1</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>VIRGIN ISLANDS HOTEL DEV FING CORP</name>
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        <title>Virgin Islands Hotel Development Financing Corp</title>
        <cusip>92766AAN8</cusip>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2014093.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 613</name>
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        <title>City of Las Vegas NV Special Improvement District No 613</title>
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        <curCd>USD</curCd>
        <valUSD>507909.35</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-12-01</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KBT43"/>
          <ticker value="LKRGEN"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-01</maturityDt>
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          <annualizedRt>5.45</annualizedRt>
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        <name>ST PAUL MINN HSG &amp; REDEV AUTH</name>
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        <title>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</title>
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        <valUSD>992808.2</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.875</annualizedRt>
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        <name>DELAWARE HEALTH FACILITIES AUTHORITY (DE)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>COLORADO EDUCATIONAL &amp; CULTURAL FACILITIES AUTHORITY</title>
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          <isin value="US19645RB425"/>
          <ticker value="COSEDU"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG0089793C8"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>RESIDENTIAL CARE FACILITIES FOR THE ELDERLY AUTHORITY OF FULTON COUNTY (GA)</name>
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        <title>FULTON COUNTY RESIDENTIAL CARE FACILITIES FOR THE ELDERLY AUTHORITY</title>
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          <isin value="US360059AM10"/>
          <ticker value="FULMED"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00DZH21C7"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000154.9</valUSD>
        <pctVal>0.2178493693</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ST. CLOUD (MN), CITY OF</name>
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          <isin value="US788326AD85"/>
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        <curCd>USD</curCd>
        <valUSD>1680609.4</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <securityLending>
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        <name>VALPARAISO (IN), CITY OF</name>
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        <curCd>USD</curCd>
        <valUSD>733770</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
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          <isin value="US70868YAY59"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2115711.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HENDERSON (KY), CITY OF</name>
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          <isin value="US425099AB40"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354719.78</valUSD>
        <pctVal>0.0772635122</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.7</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST CENT OHIO PORT AUTH</name>
        <lei>N/A</lei>
        <title>West Central Ohio Port Authority</title>
        <cusip>95184BAE3</cusip>
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          <isin value="US95184BAE39"/>
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        <curCd>USD</curCd>
        <valUSD>1696144.97</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2062-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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      <invstOrSec>
        <name>SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION (CA)</name>
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        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport</title>
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          <isin value="US79766DWW54"/>
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        <balance>600000</balance>
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        <curCd>USD</curCd>
        <valUSD>647015.16</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74442PTG09"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1223346.75</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NORTH RIV RANCH IMPT STEWARDSHIP DIST FLA</name>
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          <isin value="US66200PAF09"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1042073.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.8</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>FLORIDA LOC GOVT FIN COMMN</name>
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          <isin value="US34077UAJ97"/>
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        <curCd>USD</curCd>
        <valUSD>1835010.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608TAC45"/>
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        <balance>700000</balance>
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        <curCd>USD</curCd>
        <valUSD>700083.65</valUSD>
        <pctVal>0.1524891610</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO ILL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2016955.4</valUSD>
        <pctVal>0.4393244104</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW ORLEANS LA AVIATION BRD</name>
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        <title>New Orleans Aviation Board</title>
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          <isin value="US64763HMS12"/>
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        <balance>1700000</balance>
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        <curCd>USD</curCd>
        <valUSD>1784975.86</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>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>UNITED AIRLINES INC</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
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          <isin value="US442349HZ22"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1594627.35</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>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LT RANCH COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <title>LT RANCH CDD FL CA 4 5/50</title>
        <cusip>54912EAD5</cusip>
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          <isin value="US54912EAD58"/>
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        <curCd>USD</curCd>
        <valUSD>685507.81</valUSD>
        <pctVal>0.1493143153</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
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        <cusip>165588DQ4</cusip>
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          <isin value="US165588DQ40"/>
          <ticker value="CHEDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00GM6LHH7"/>
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        <balance>1200000</balance>
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        <curCd>USD</curCd>
        <valUSD>1157779.2</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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        <title>Lakewood Ranch Stewardship District</title>
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          <isin value="US51265KEN46"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>634049.18</valUSD>
        <pctVal>0.1381058214</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>NEW YORK N Y CITY MUN WTR FIN AUTH</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GH98</cusip>
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          <isin value="US64972GH989"/>
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        <balance>4000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4198066.4</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>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116HV1</cusip>
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          <isin value="US650116HV17"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2045073</valUSD>
        <pctVal>0.4454488631</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>VERMONT ECONOMIC DEV AUTH</name>
        <lei>N/A</lei>
        <title>VERMONT ECONOMIC DEVELOPMENT AUTHORITY</title>
        <cusip>924157AA8</cusip>
        <identifiers>
          <isin value="US924157AA83"/>
          <ticker value="VTSPOL"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG004D22MH3"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1014258.5</valUSD>
        <pctVal>0.2209213538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.625</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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
        <lei>N/A</lei>
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        <cusip>70870JJY5</cusip>
        <identifiers>
          <isin value="US70870JJY55"/>
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        <balance>1750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1661397.5</valUSD>
        <pctVal>0.3618783425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</title>
        <cusip>70869PJY4</cusip>
        <identifiers>
          <isin value="US70869PJY43"/>
          <ticker value="PASDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG0086BGDD1"/>
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        <balance>1250000</balance>
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        <curCd>USD</curCd>
        <valUSD>1250404.5</valUSD>
        <pctVal>0.2723576435</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FINANCING AUTHORITY (VA)</name>
        <lei>N/A</lei>
        <title>VIRGINIA SMALL BUSINESS FINANCING AUTHORITY</title>
        <cusip>928106AQ6</cusip>
        <identifiers>
          <isin value="US928106AQ62"/>
          <ticker value="VASDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00L076HJ3"/>
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        <balance>370000</balance>
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        <curCd>USD</curCd>
        <valUSD>360169.25</valUSD>
        <pctVal>0.0784504920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</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>SAINT JAMES (LA), PARISH OF</name>
        <lei>N/A</lei>
        <title>Parish of St James LA</title>
        <cusip>790103AU9</cusip>
        <identifiers>
          <isin value="US790103AU97"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1099383</valUSD>
        <pctVal>0.2394628004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.1</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>POLK COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
        <lei>549300UTRO4TAORRAL04</lei>
        <title>Polk County Industrial Development Authority</title>
        <cusip>731120NQ0</cusip>
        <identifiers>
          <isin value="US731120NQ00"/>
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        <balance>1750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332500</valUSD>
        <pctVal>0.0724236969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875</annualizedRt>
          <isDefault>Y</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>GLEN COVE LOCAL ECONOMIC ASSISTANCE CORP (NY)</name>
        <lei>N/A</lei>
        <title>GLEN COVE LOCAL ECONOMIC ASSISTANCE CORP</title>
        <cusip>377450AE1</cusip>
        <identifiers>
          <isin value="US377450AE19"/>
          <ticker value="GLCDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00F13J5W1"/>
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        <balance>4455000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1401200.41</valUSD>
        <pctVal>0.3052033496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMENT AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
        <cusip>018444CC1</cusip>
        <identifiers>
          <isin value="US018444CC18"/>
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        <balance>800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>832071.36</valUSD>
        <pctVal>0.1812381472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHICAGO (IL), CITY OF</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
        <cusip>167486U72</cusip>
        <identifiers>
          <isin value="US167486U724"/>
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        <balance>3250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3417648.65</valUSD>
        <pctVal>0.7444172926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY (OH)</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority</title>
        <cusip>118217CZ9</cusip>
        <identifiers>
          <isin value="US118217CZ97"/>
          <other otherDesc="SEDOL" value="BLP4RX5"/>
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        <balance>7600000</balance>
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        <curCd>USD</curCd>
        <valUSD>6066754.72</valUSD>
        <pctVal>1.3214339992</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>SOUTHERN GROVE COMMNUNITY DEVELOPMENT DISTRICT N.5 (FL)</name>
        <lei>N/A</lei>
        <title>Southern Groves Community Development District No 5</title>
        <cusip>843021AD8</cusip>
        <identifiers>
          <isin value="US843021AD86"/>
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        <balance>585000</balance>
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        <curCd>USD</curCd>
        <valUSD>537536.84</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HACIENDA NORTH CMNTY DEV DIST FLA</name>
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        <title>Hacienda North Community Development District</title>
        <cusip>404511AC1</cusip>
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          <isin value="US404511AC10"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>540916.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.3</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO, COMMONWEALTH OF</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3N5</cusip>
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          <isin value="US74514L3N58"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>951608.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO AIR QUALITY DEVELOPMENT AUTHORITY (OH)</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</title>
        <cusip>67754AAE4</cusip>
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          <isin value="US67754AAE47"/>
          <ticker value="OHSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00J7S5X56"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>945167.1</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP N Y</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>NY BUIGEN 7 12/15/2055</title>
        <cusip>12008EXR2</cusip>
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          <isin value="US12008EXR25"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1512389.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</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>BUILD NYC RESOURCE CORP (NY)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
        <cusip>12008ETZ9</cusip>
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          <isin value="US12008ETZ96"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005695.6</valUSD>
        <pctVal>0.2190562203</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DUPAGE (IL), COUNTY OF</name>
        <lei>N/A</lei>
        <title>DU PAGE COUNTY SPECIAL SERVICE AREA NO 31</title>
        <cusip>26350TAB3</cusip>
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          <isin value="US26350TAB35"/>
          <ticker value="DUPFAC"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00105RR97"/>
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        <balance>313000</balance>
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        <curCd>USD</curCd>
        <valUSD>313243.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IDAHO HEALTH FACILITIES AUTHORITY (ID)</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
        <cusip>451295B24</cusip>
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          <isin value="US451295B245"/>
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        <balance>490000</balance>
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        <curCd>USD</curCd>
        <valUSD>484731.96</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>8</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ALTA LAKES COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Alta Lakes Community Development District</title>
        <cusip>021304AD2</cusip>
        <identifiers>
          <isin value="US021304AD20"/>
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        <balance>1245000</balance>
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        <curCd>USD</curCd>
        <valUSD>1164516.35</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY (AZ)</name>
        <lei>N/A</lei>
        <title>Chandler Industrial Development Authority</title>
        <cusip>158862CB6</cusip>
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          <isin value="US158862CB65"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1012297.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442ELV0</cusip>
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          <isin value="US74442ELV01"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1358724.3</valUSD>
        <pctVal>0.2959513889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>HACIENDA NORTH CMNTY DEV DIST FLA</name>
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        <title>Hacienda North Community Development District</title>
        <cusip>404511AD9</cusip>
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          <isin value="US404511AD92"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1060068.2</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.5</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>PUERTO RICO AQUEDUCT AND SEWER AUTHORITY</name>
        <lei>N/A</lei>
        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
        <cusip>745160TH4</cusip>
        <identifiers>
          <isin value="US745160TH48"/>
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        <balance>4000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3835700</valUSD>
        <pctVal>0.8354754106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELTA AIR LINES INC</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116CM6</cusip>
        <identifiers>
          <isin value="US650116CM62"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021757.7</valUSD>
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        <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>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153DA4</cusip>
        <identifiers>
          <isin value="US452153DA45"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1075705.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>XENIA RURAL WATER DISTRICT (IA)</name>
        <lei>N/A</lei>
        <title>XENIA RURAL WATER DISTRICT</title>
        <cusip>98410ADE2</cusip>
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          <isin value="US98410ADE29"/>
          <ticker value="XENWTR"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00DGZJZH0"/>
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        <balance>10000</balance>
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        <curCd>USD</curCd>
        <valUSD>10117.92</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13058TTB6</cusip>
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          <isin value="US13058TTB60"/>
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        <balance>520000</balance>
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        <curCd>USD</curCd>
        <valUSD>470648.62</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>Seminole County Industrial Development Authority</title>
        <cusip>81669TAD0</cusip>
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          <isin value="US81669TAD00"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TSASC INC</name>
        <lei>N/A</lei>
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          <isin value="US898526FF00"/>
          <ticker value="TSA"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00FQXHG10"/>
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        <balance>1000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YCZ6</cusip>
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          <isin value="US74526YCZ60"/>
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        <balance>995000</balance>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>PA DELAPT 09/01/2045</title>
        <cusip>245903AB5</cusip>
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          <isin value="US245903AB55"/>
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        <balance>3150000</balance>
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        <curCd>USD</curCd>
        <valUSD>3150000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHERN CALIF PUB PWR AUTH</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>CA STNPWR 5 11/01/2033</title>
        <cusip>84247PPF2</cusip>
        <identifiers>
          <isin value="US84247PPF26"/>
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        <balance>3000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3197133</valUSD>
        <pctVal>0.6963855374</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDEN STATE TOBACCO SECURITIZATION CORP (CA)</name>
        <lei>N/A</lei>
        <title>CA GLDGEN 0 06/01/2066</title>
        <cusip>38122NB84</cusip>
        <identifiers>
          <isin value="US38122NB843"/>
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        <balance>20000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1992170</valUSD>
        <pctVal>0.4339257629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (SC)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</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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        <valUSD>1576834.05</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL FLORIDA EXPRESSWAY AUTHORITY (FL)</name>
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        <title>Central Florida Expressway Authority</title>
        <cusip>153476JH0</cusip>
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          <isin value="US153476JH04"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2075758.4</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY (KY)</name>
        <lei>N/A</lei>
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          <isin value="US49126PFH82"/>
          <ticker value="KYSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00F383G60"/>
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        <curCd>USD</curCd>
        <valUSD>1607356</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>LOUISIANA STADIUM AND EXPOSITION DISTRICT (LA)</name>
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        <cusip>546410CY5</cusip>
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          <isin value="US546410CY53"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2062603.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IDAHO HEALTH FACILITIES AUTHORITY (ID)</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
        <cusip>451295A90</cusip>
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          <isin value="US451295A908"/>
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        <balance>3000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2615568.3</valUSD>
        <pctVal>0.5697116561</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55</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>MASSACHUSETTS BAY TRANSPORTATION AUTHORITY (MA)</name>
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        <cusip>575579Q75</cusip>
        <identifiers>
          <isin value="US575579Q753"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1895160</valUSD>
        <pctVal>0.4127954687</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>N/A</lei>
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        <cusip>64542UDW1</cusip>
        <identifiers>
          <isin value="US64542UDW18"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2001980.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY (PA)</name>
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        <title>Pennsylvania Higher Educational Facilities Authority</title>
        <cusip>70917TRX1</cusip>
        <identifiers>
          <isin value="US70917TRX18"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1020406.5</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AL)</name>
        <lei>N/A</lei>
        <title>Baldwin County Industrial Development Authority</title>
        <cusip>05786PAA1</cusip>
        <identifiers>
          <isin value="US05786PAA12"/>
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        <balance>1335000</balance>
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        <curCd>USD</curCd>
        <valUSD>1366688.36</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>COLUMBIA (DC), DISTRICT OF</name>
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        <title>District of Columbia</title>
        <cusip>25483VWB6</cusip>
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          <isin value="US25483VWB60"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>953870.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>ARIZONA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BTH7</cusip>
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          <isin value="US04052BTH77"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>757358.48</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
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          <isin value="US69651ACZ57"/>
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        <balance>2500000</balance>
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        <valUSD>2515711.5</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KAW80"/>
          <ticker value="LKRGEN"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.125</annualizedRt>
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        <name>COLUMBIA (DC), DISTRICT OF</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25</annualizedRt>
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        <name>WILSONVILLE INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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          <isin value="US97247RAB50"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ORANGE COUNTY COMMUNITY FACILITIES DISTRICT (CA)</name>
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          <isin value="US68423PA910"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PIMA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
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        <cusip>72178AAJ1</cusip>
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          <isin value="US72178AAJ16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7</annualizedRt>
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        <name>FLORIDA DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
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          <isin value="US34061WBN39"/>
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        <valUSD>744266.1</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER COLO CITY &amp; CNTY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MOBILE INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>2.85</annualizedRt>
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      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA AVIATION AUTH</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <valUSD>234449.48</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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          <isin value="US60375CAW47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION (WA)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
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          <isin value="US165588DR23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP V (TX)</name>
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        <cusip>88256RAV8</cusip>
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        <valUSD>1755479.93</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>ATLANTA DEVELOPMENT AUTHORITY (THE) (GA)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REDSTONE (AL), VILLAGE OF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>OHIO STATE HIGHER EDUCATIONAL FACILITY COMMISSION (OH)</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>LEE CNTY FLA INDL DEV AUTH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MILLSBORO (DE), TOWN OF</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.125</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (DC)</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-07-15</maturityDt>
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      <invstOrSec>
        <name>ILLINOIS (IL), STATE OF</name>
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          <isin value="US452152Q203"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isin value="US345856AJ78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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          <annualizedRt>5.75</annualizedRt>
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        <name>PORT OF PORTLAND THE (OR)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
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          <annualizedRt>5.25</annualizedRt>
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        <name>GRAND RAPIDS CITY ECONOMIC DEVELOPMENT CORP (MI)</name>
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          <isin value="US386246HK14"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-11-01</maturityDt>
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          <annualizedRt>6.125</annualizedRt>
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          <isin value="US74448UAC27"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PLYMOUTH EDUCATIONAL CENTER CHARTER SCHOOL (MI)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>OREGON (OR), STATE OF</name>
        <lei>549300R5SUGZRD8KP359</lei>
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        <valUSD>1070696.2</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25</annualizedRt>
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        <name>BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
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          <isin value="US118612MC10"/>
          <ticker value="BUCDEV"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1944021.6</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6</annualizedRt>
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        <name>DETROIT (MI), CITY OF</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NEVADA STATE DEPARTMENT OF BUSINESS AND INDUSTRY (NV)</name>
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          <ticker value="NBI"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LEE CNTY FLA</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>STAMFORD CONN HSG AUTH</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>JEFFERSON (AL), COUNTY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL FIN AUTH N H</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LT RANCH CMNTY DEB DIST FLA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MUSKINGUM COUNTY HOSPITAL FACILITIES (OH)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NATIONAL FINANCE AUTHORITY (NH)</name>
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          <isin value="US63607WAQ78"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.25</annualizedRt>
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        <name>SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)</name>
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        <title>San Diego County Regional Airport Authority</title>
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          <isin value="US79739GTD87"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY (NC)</name>
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          <isin value="US160853UN58"/>
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        <curCd>USD</curCd>
        <valUSD>3100000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-01-15</maturityDt>
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      <invstOrSec>
        <name>COMMERCIAL METALS COMPANY</name>
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        <title>Maricopa County Industrial Development Authority</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>CAPITALSOUTH BANCORP</name>
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        <curCd>USD</curCd>
        <valUSD>1228663.5</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CALIF DEPT ARPTS</name>
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        <title>City of Los Angeles Department of Airports</title>
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        <curCd>USD</curCd>
        <valUSD>1099331.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.25</annualizedRt>
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        <name>BAYTOWN (MN), TOWNSHIP OF</name>
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          <isin value="US073225AY06"/>
          <ticker value="BYTGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RIVERS EDGE III CMNTY DEV DIST FLA</name>
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        <title>Rivers Edge III Community Development District</title>
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        <balance>900000</balance>
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        <curCd>USD</curCd>
        <valUSD>757228.05</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <name>PUERTO RICO, COMMONWEALTH OF</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2164907.4</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6</annualizedRt>
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        <name>CHICAGO (IL), CITY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>12</annualizedRt>
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        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA)</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13048VBY39"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>TEXAS WATER DEVELOPMENT BOARD (TX)</name>
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        <title>Texas Water Development Board</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TSASC INC</name>
        <lei>N/A</lei>
        <title>TSASC Inc/NY</title>
        <cusip>898526FR4</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>N/A</lei>
        <title>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP</title>
        <cusip>64542UCZ5</cusip>
        <identifiers>
          <isin value="US64542UCZ57"/>
          <ticker value="NHPFAC"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00F1607Z7"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>913923.1</valUSD>
        <pctVal>0.1990667355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QSD2</cusip>
        <identifiers>
          <isin value="US87638QSD24"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1063741</valUSD>
        <pctVal>0.2316994157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>TOBACCO SETTLEMENT AUTHORITY (IA)</name>
        <lei>N/A</lei>
        <title>Iowa Tobacco Settlement Authority</title>
        <cusip>888805CF3</cusip>
        <identifiers>
          <isin value="US888805CF30"/>
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        <balance>2930000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2556499.72</valUSD>
        <pctVal>0.5568455962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>SHADOWLAWN CMNTY DEV DIST FLA</name>
        <lei>N/A</lei>
        <title>Shadowlawn Community Development District</title>
        <cusip>818820AC6</cusip>
        <identifiers>
          <isin value="US818820AC66"/>
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        <balance>900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>896796.36</valUSD>
        <pctVal>0.1953362638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85</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>FLORIDA DEVELOPMENT FINANCE CORP (FL)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061XAG7</cusip>
        <identifiers>
          <isin value="US34061XAG79"/>
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        <balance>665000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>670101.61</valUSD>
        <pctVal>0.1459586041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.375</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>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK (IN)</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528U6Y2</cusip>
        <identifiers>
          <isin value="US45528U6Y26"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1043433.8</valUSD>
        <pctVal>0.2272761901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125</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>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667AN8</cusip>
        <identifiers>
          <isin value="US882667AN81"/>
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        <balance>3000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2981859</valUSD>
        <pctVal>0.6494954956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>BAYTOWN (MN), TOWNSHIP OF</name>
        <lei>N/A</lei>
        <title>TOWNSHIP OF BAYTOWN MN</title>
        <cusip>073225AX2</cusip>
        <identifiers>
          <isin value="US073225AX23"/>
          <ticker value="BYTGEN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00DPDKT45"/>
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        <balance>750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667554.23</valUSD>
        <pctVal>0.1454037449</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>4</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>SAVANNAH-GEORGIA CONVENTION CTR AUTH</name>
        <lei>N/A</lei>
        <title>Savannah Georgia Convention Center Authority</title>
        <cusip>804828AF8</cusip>
        <identifiers>
          <isin value="US804828AF81"/>
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        <balance>1800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1832429.52</valUSD>
        <pctVal>0.3991317897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</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>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>744396FN7</cusip>
        <identifiers>
          <isin value="US744396FN78"/>
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        <balance>1375000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1270982.21</valUSD>
        <pctVal>0.2768397903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>ILLINOIS FINANCE AUTHORITY (IL)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45203PAD6</cusip>
        <identifiers>
          <isin value="US45203PAD69"/>
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        <balance>2625000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2713177.16</valUSD>
        <pctVal>0.5909723914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.8</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>DELAWARE ECONOMIC DEVELOPMENT AUTHORITY (DE)</name>
        <lei>N/A</lei>
        <title>Delaware State Economic Development Authority</title>
        <cusip>246372AY2</cusip>
        <identifiers>
          <isin value="US246372AY25"/>
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        <balance>1600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1476669.28</valUSD>
        <pctVal>0.3216416490</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</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>COLUMBIA TOWN INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
        <lei>N/A</lei>
        <title>Columbia Industrial Development Board</title>
        <cusip>197210AX5</cusip>
        <identifiers>
          <isin value="US197210AX50"/>
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        <balance>250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250000</valUSD>
        <pctVal>0.0544539074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.88</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>PUERTO RICO, COMMONWEALTH OF</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3P0</cusip>
        <identifiers>
          <isin value="US74514L3P07"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>885441.1</valUSD>
        <pctVal>0.1928629107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>LOUISIANA STADIUM AND EXPOSITION DISTRICT (LA)</name>
        <lei>5493000QEHWDGVGH7J62</lei>
        <title>Louisiana Stadium &amp; Exposition District</title>
        <cusip>546410CX7</cusip>
        <identifiers>
          <isin value="US546410CX70"/>
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        <balance>600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>616901.88</valUSD>
        <pctVal>0.1343708714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FINANCE AUTHORITY</title>
        <cusip>74443QAF9</cusip>
        <identifiers>
          <isin value="US74443QAF90"/>
          <ticker value="PUBFIN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00CXCZMX7"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>968204.6</valUSD>
        <pctVal>0.2108900946</pctVal>
        <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>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645UNR1</cusip>
        <identifiers>
          <isin value="US19645UNR13"/>
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        <balance>1750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1662727.15</valUSD>
        <pctVal>0.3621679611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>
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        <name>MICHIGAN FINANCE AUTHORITY (MI)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>WEST JEFFERSON INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON CITY COMBINED UTILITY SYSTEM (TX)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MISSISSIPPI BUSINESS FINANCE CORP (MS)</name>
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        <title>Mississippi Business Finance Corp</title>
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        <curCd>USD</curCd>
        <valUSD>1004895.5</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MIDWAY AIRPORT (IL)</name>
        <lei>N/A</lei>
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          <isin value="US167562SG33"/>
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        <curCd>USD</curCd>
        <valUSD>1064329.1</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MASSACHUSETTS (MA), COMMONWEALTH OF</name>
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          <isin value="US57582R8A79"/>
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        <curCd>USD</curCd>
        <valUSD>1590865.58</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO O'HARE INTERNATIONAL AIRPORT (IL)</name>
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        <title>Chicago O'Hare International Airport</title>
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          <isin value="US1675934T61"/>
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        <curCd>USD</curCd>
        <valUSD>1292984.88</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP</name>
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        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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          <isin value="US882667CJ51"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1053965</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-30</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KFZ66"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BASE VILLAGE METROPOLITAN DISTRICT N.2 (CO)</name>
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          <isin value="US069781AB80"/>
          <ticker value="BSEFAC"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00FJVWSD6"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO TRANSIT AUTHORITY (IL)</name>
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        <title>Chicago Transit Authority Sales Tax Receipts Fund</title>
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          <isin value="US16772PEP71"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OKLAHOMA DEVELOPMENT FINANCE AUTHORITY (THE) (OK)</name>
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        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884XCN5</cusip>
        <identifiers>
          <isin value="US67884XCN57"/>
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        <balance>2315000</balance>
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        <curCd>USD</curCd>
        <valUSD>2319136.21</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TALAVERA COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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          <isin value="US87410PAG00"/>
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        <balance>495000</balance>
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        <curCd>USD</curCd>
        <valUSD>481794.49</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>KENTON COUNTY AIRPORT BOARD (KY)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>NORTH RIV RANCH IMPT STEWARDSHIP DIST FLA</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6</annualizedRt>
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        <name>LOUISIANA PUBLIC FACILITIES AUTHORITY (LA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GREATER ORLANDO AVIATION AUTHORITY (FL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FREDERICK (MD), COUNTY OF</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANA FINANCE AUTHORITY (IN)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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          <isin value="US45471AUT77"/>
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        <fairValLevel>2</fairValLevel>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KBB35"/>
          <ticker value="LKRGEN"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>ILLINOIS FINANCE AUTHORITY (IL)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS FINANCE AUTHORITY</title>
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          <isin value="US45204EC300"/>
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        <balance>2000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-15</maturityDt>
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          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LAS VEGAS (NV), CITY OF</name>
        <lei>N/A</lei>
        <title>City of Las Vegas NV Special Improvement District No 814</title>
        <cusip>51778UAT3</cusip>
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          <isin value="US51778UAT34"/>
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        <balance>1125000</balance>
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        <curCd>USD</curCd>
        <valUSD>968751.68</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KFJ2</cusip>
        <identifiers>
          <isin value="US51265KFJ25"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1058666</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.3</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>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74444VAH3</cusip>
        <identifiers>
          <isin value="US74444VAH33"/>
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        <balance>3000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2804448.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
        <lei>N/A</lei>
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        <cusip>708686DZ0</cusip>
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          <isin value="US708686DZ05"/>
          <ticker value="PASDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG007KJR2G9"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2001243.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA FINANCE AUTHORITY (IN)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506EAC7</cusip>
        <identifiers>
          <isin value="US45506EAC75"/>
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        <balance>915000</balance>
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        <curCd>USD</curCd>
        <valUSD>818943.94</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116EV4</cusip>
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          <isin value="US650116EV44"/>
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        <balance>1800000</balance>
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        <curCd>USD</curCd>
        <valUSD>1753039.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAD2</cusip>
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          <isin value="US63608TAD28"/>
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        <balance>600000</balance>
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        <curCd>USD</curCd>
        <valUSD>600470.16</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>M-S-R ENERGY AUTHORITY (CA)</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R ENERGY AUTHORITY</title>
        <cusip>55374SAB6</cusip>
        <identifiers>
          <isin value="US55374SAB60"/>
          <ticker value="MSRPWR"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG0011Y30J7"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>3009399.75</valUSD>
        <pctVal>0.6554943014</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK (IN)</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528U7L9</cusip>
        <identifiers>
          <isin value="US45528U7L95"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1094774.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REDSTONE (AL), VILLAGE OF</name>
        <lei>N/A</lei>
        <title>Huntsville-Redstone Village Special Care Facilities Financing Authority</title>
        <cusip>447297BB7</cusip>
        <identifiers>
          <isin value="US447297BB76"/>
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        <balance>467098</balance>
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        <curCd>USD</curCd>
        <valUSD>24688.51</valUSD>
        <pctVal>0.0053775434</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEMPE CITY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
        <lei>N/A</lei>
        <title>Tempe Industrial Development Authority</title>
        <cusip>87972MAX0</cusip>
        <identifiers>
          <isin value="US87972MAX02"/>
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        <balance>400000</balance>
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        <curCd>USD</curCd>
        <valUSD>316952.28</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KCP1</cusip>
        <identifiers>
          <isin value="US51265KCP12"/>
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        <balance>555000</balance>
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        <curCd>USD</curCd>
        <valUSD>473924.71</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOARD MANAGERS JT GUADALUPE CN</name>
        <lei>N/A</lei>
        <title>BOARD OF MANAGERS JOINT GUADALUPE COUNTY-CITY OF SEGUIN HOSPITAL</title>
        <cusip>09659MAT3</cusip>
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          <isin value="US09659MAT36"/>
          <ticker value="BORMED"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00BCR0NS1"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>946095.5</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>SUFFOLK REGL OFF-TRACK BETTING CORP N Y</name>
        <lei>N/A</lei>
        <title>Suffolk Regional Off-Track Betting Co</title>
        <cusip>86480TAC8</cusip>
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          <isin value="US86480TAC80"/>
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        <balance>2100000</balance>
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        <curCd>USD</curCd>
        <valUSD>2146941.09</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP (NY)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>BUILD NYC RESOURCE CORP</title>
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          <isin value="US12008ELT19"/>
          <ticker value="BUIGEN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00BW36V71"/>
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        <balance>800000</balance>
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        <curCd>USD</curCd>
        <valUSD>799960.72</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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      <invstOrSec>
        <name>LAKES OF SARASOTA CMNTY DEV DIST FLA</name>
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        <title>Lakes of Sarasota Community Development District</title>
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        <balance>15000</balance>
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        <curCd>USD</curCd>
        <valUSD>15047.41</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJ)</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY</title>
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          <ticker value="NJSDEV"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTH LAS VEGAS (NV), CITY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>STEEL PT INFRASTRUCTURE IMPT DIST CONN</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>A.B. WON PAT INTERNATIONAL AIRPORT AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-10-31</maturityDt>
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        <name>IDAHO HEALTH FACS AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <ticker value="BALGEN"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>NEW YORK (NY), CITY OF</name>
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        <valUSD>2697268.2</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK (IN)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>HAWAII (HI), STATE OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJ)</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FAYETTE COUNTY DEVELOPMENT AUTHORITY (GA)</name>
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        <cusip>31222PAX9</cusip>
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          <isin value="US31222PAX96"/>
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        <balance>1985000</balance>
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        <curCd>USD</curCd>
        <valUSD>2012961.31</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION (WA)</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783Z58</cusip>
        <identifiers>
          <isin value="US939783Z589"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021285.1</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>2061-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</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>SALT LAKE CITY (UT), CITY OF</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
        <cusip>795576FX0</cusip>
        <identifiers>
          <isin value="US795576FX05"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1009582.1</valUSD>
        <pctVal>0.2199027608</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS &amp; FORT WORTH CITIES TEXAS INTERNATIONAL AIRPORT (TX)</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport</title>
        <cusip>23503CDD6</cusip>
        <identifiers>
          <isin value="US23503CDD65"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1042331</valUSD>
        <pctVal>0.2270359831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE (FL), COUNTY OF</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade FL Aviation Revenue</title>
        <cusip>593340AB8</cusip>
        <identifiers>
          <isin value="US593340AB83"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1575997.8</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>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PB53</cusip>
        <identifiers>
          <isin value="US74442PB530"/>
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        <balance>700000</balance>
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        <curCd>USD</curCd>
        <valUSD>737663.29</valUSD>
        <pctVal>0.1606745940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9</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>BANNING LEWIS RANCH REGIONAL METROPOLITAN DISTRICT (CO)</name>
        <lei>N/A</lei>
        <title>BANNING LEWIS 5.375 12/48</title>
        <cusip>066639AA3</cusip>
        <identifiers>
          <isin value="US066639AA32"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>987195.2</valUSD>
        <pctVal>0.2150265441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375</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>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PYS8</cusip>
        <identifiers>
          <isin value="US74442PYS81"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2091919.8</valUSD>
        <pctVal>0.4556528284</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.5</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>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY (NY)</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GCM4</cusip>
        <identifiers>
          <isin value="US64972GCM42"/>
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        <balance>975000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>975000</valUSD>
        <pctVal>0.2123702389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85</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>MAYOR AND COMMON COUNCIL OF WESTMINSTER (MD)</name>
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        <title>CITY OF WESTMINSTER MD</title>
        <cusip>960735AS7</cusip>
        <identifiers>
          <isin value="US960735AS70"/>
          <ticker value="WESGEN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG0071D0L25"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000464.4</valUSD>
        <pctVal>0.2179167832</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</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>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CA)</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13080SMK7</cusip>
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          <isin value="US13080SMK77"/>
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        <balance>2250000</balance>
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        <curCd>USD</curCd>
        <valUSD>2250086.63</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>VERANDHA WEST COMMUNITY DEVELOPMENT DISTRICT</name>
        <lei>N/A</lei>
        <title>VERANDAH WEST COMMUNITY DEVELOPMENT DISTRICT</title>
        <cusip>922947AD8</cusip>
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          <isin value="US922947AD89"/>
          <ticker value="VRNDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG0046W5NR9"/>
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        <balance>735000</balance>
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        <curCd>USD</curCd>
        <valUSD>735512</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT SEATTLE INDUSTRIAL DEVELOPMENT CORP (WA)</name>
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        <title>PORT OF SEATTLE INDUSTRIAL DEVELOPMENT CORP</title>
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          <isin value="US735385AC02"/>
          <ticker value="PTSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG003DKXCG4"/>
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        <curCd>USD</curCd>
        <valUSD>1001106.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>EAGLE (CO), COUNTY OF</name>
        <lei>N/A</lei>
        <title>EAGLE COUNTY AIRPORT TERMINAL CORP</title>
        <cusip>26947EAS9</cusip>
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          <isin value="US26947EAS90"/>
          <ticker value="EAGTRN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG001S0F1W2"/>
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        <balance>170000</balance>
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        <curCd>USD</curCd>
        <valUSD>170316.29</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 613</name>
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        <title>City of Las Vegas NV Special Improvement District No 613</title>
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          <isin value="US51779CAN56"/>
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        <curCd>USD</curCd>
        <valUSD>454777.47</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP</title>
        <cusip>87638RJE8</cusip>
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          <isin value="US87638RJE80"/>
          <ticker value="TAREDU"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00GSR5KW9"/>
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        <balance>2655000</balance>
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        <curCd>USD</curCd>
        <valUSD>2668486.07</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75</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>DELTA AIR LINES INC</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116DA1</cusip>
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          <isin value="US650116DA16"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1434215.25</valUSD>
        <pctVal>0.3123944977</pctVal>
        <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>4.375</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>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAR1</cusip>
        <identifiers>
          <isin value="US63608TAR14"/>
        </identifiers>
        <balance>800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800384.48</valUSD>
        <pctVal>0.1743362495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>TRIBOROUGH BRDG &amp; TUNL AUTH N Y</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>TRIBOROUGH BRIDGE &amp; TUNNEL AUTHORITY</title>
        <cusip>896032BD0</cusip>
        <identifiers>
          <isin value="US896032BD07"/>
        </identifiers>
        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2148668.8</valUSD>
        <pctVal>0.4680136476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>2026-07-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Federated Hermes Municipal Securities Income Trust</ncom:nameOfApplicant>
      <ncom:signature>Stephen Van Meter</ncom:signature>
      <ncom:signerName>Federated Hermes Municipal Securities Income Trust</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
