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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048VZ92</cusip>
        <identifiers>
          <isin value="US13048VZ924"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>5480915.3800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CMNTY HOSPS CTRL CA GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048VZJ0</cusip>
        <identifiers>
          <isin value="US13048VZJ06"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1747140.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALOMAR HEALTH OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 11/01/2052</title>
        <cusip>130493CL1</cusip>
        <identifiers>
          <isin value="US130493CL10"/>
          <ticker value="CASMED"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2353359.6400000000</valUSD>
        <pctVal>0.1434768871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.33% 11/20/2040</title>
        <cusip>13050WAD3</cusip>
        <identifiers>
          <isin value="US13050WAD39"/>
          <ticker value="CASGEN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2926812.4800000000</valUSD>
        <pctVal>0.1784384913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.326500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.05% 07/20/2041</title>
        <cusip>13050WAG6</cusip>
        <identifiers>
          <isin value="US13050WAG69"/>
          <ticker value="CASGEN"/>
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        <balance>4991316.7000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4931157.8600000000</valUSD>
        <pctVal>0.3006370839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 09/01/2043</title>
        <cusip>13051AAS7</cusip>
        <identifiers>
          <isin value="US13051AAS78"/>
          <ticker value="CASGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>967510.8000000000</valUSD>
        <pctVal>0.0589860706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 09/01/2050</title>
        <cusip>13051AAT5</cusip>
        <identifiers>
          <isin value="US13051AAT51"/>
          <ticker value="CASGEN"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1326480.0000000000</valUSD>
        <pctVal>0.0808712863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2055</title>
        <cusip>13051APA0</cusip>
        <identifiers>
          <isin value="US13051APA06"/>
          <ticker value="CASGEN"/>
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        <balance>1100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1107999.3100000000</valUSD>
        <pctVal>0.0675512103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2051</title>
        <cusip>13051AQH4</cusip>
        <identifiers>
          <isin value="US13051AQH40"/>
          <ticker value="CASGEN"/>
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        <balance>625000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>626987.5000000000</valUSD>
        <pctVal>0.0382254430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2056</title>
        <cusip>13051AQJ0</cusip>
        <identifiers>
          <isin value="US13051AQJ06"/>
          <ticker value="CASGEN"/>
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        <balance>850000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838881.8300000000</valUSD>
        <pctVal>0.0511439695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/01/2034</title>
        <cusip>13051BAA4</cusip>
        <identifiers>
          <isin value="US13051BAA44"/>
          <ticker value="CASFAC"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259183.7000000000</valUSD>
        <pctVal>0.0158016097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 05/01/2044</title>
        <cusip>13051BAB2</cusip>
        <identifiers>
          <isin value="US13051BAB27"/>
          <ticker value="CASFAC"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>357742.3200000000</valUSD>
        <pctVal>0.0218104167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.500000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.75% 05/01/2054</title>
        <cusip>13051BAC0</cusip>
        <identifiers>
          <isin value="US13051BAC00"/>
          <ticker value="CASFAC"/>
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        <balance>1095000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1103939.9100000000</valUSD>
        <pctVal>0.0673037215</pctVal>
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        <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>5.750000000000000</annualizedRt>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.88% 05/01/2059</title>
        <cusip>13051BAD8</cusip>
        <identifiers>
          <isin value="US13051BAD82"/>
          <ticker value="CASFAC"/>
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        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1214220.9600000000</valUSD>
        <pctVal>0.0740272080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.65% 05/01/2030</title>
        <cusip>13051BAE6</cusip>
        <identifiers>
          <isin value="US13051BAE65"/>
          <ticker value="CASFAC"/>
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        <balance>390000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>398640.4100000000</valUSD>
        <pctVal>0.0243038438</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ASCENT 613</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 01/01/2055</title>
        <cusip>13051EAJ9</cusip>
        <identifiers>
          <isin value="US13051EAJ91"/>
          <ticker value="CASHSG"/>
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        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1809698.7600000000</valUSD>
        <pctVal>0.1103316043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Diego County Water Authority</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority 5.00% 11/21/2045</title>
        <cusip>13054WAQ0</cusip>
        <identifiers>
          <isin value="US13054WAQ06"/>
          <ticker value="CASPOL"/>
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        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2546099.5000000000</valUSD>
        <pctVal>0.1552276262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>HAZELDEN BETTY FORD FNDTN</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/01/2054</title>
        <cusip>13056HAB4</cusip>
        <identifiers>
          <isin value="US13056HAB42"/>
          <ticker value="CASGEN"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2024188.4000000000</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>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2036</title>
        <cusip>13057GAA7</cusip>
        <identifiers>
          <isin value="US13057GAA76"/>
          <ticker value="CASMED"/>
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        <balance>1160000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1174887.4400000000</valUSD>
        <pctVal>0.0716291678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2046</title>
        <cusip>13057GAB5</cusip>
        <identifiers>
          <isin value="US13057GAB59"/>
          <ticker value="CASMED"/>
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        <balance>1545000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1466921.8800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2051</title>
        <cusip>13057GAC3</cusip>
        <identifiers>
          <isin value="US13057GAC33"/>
          <ticker value="CASMED"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1134741.3800000000</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>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2056</title>
        <cusip>13057GAD1</cusip>
        <identifiers>
          <isin value="US13057GAD16"/>
          <ticker value="CASMED"/>
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        <balance>1260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1120792.4300000000</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>2056-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CROSSROADS CHRISTIAN SCHS</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 01/01/2056</title>
        <cusip>13057KAH3</cusip>
        <identifiers>
          <isin value="US13057KAH32"/>
          <ticker value="CASEDU"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3529904.8000000000</valUSD>
        <pctVal>0.2152071208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2045</title>
        <cusip>13058TCK4</cusip>
        <identifiers>
          <isin value="US13058TCK43"/>
          <ticker value="CASSCD"/>
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        <balance>1100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1080095.1700000000</valUSD>
        <pctVal>0.0658499832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TGD6</cusip>
        <identifiers>
          <isin value="US13058TGD63"/>
          <ticker value="CASSCD"/>
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        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1802209.5000000000</valUSD>
        <pctVal>0.1098750079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2047</title>
        <cusip>13058TGE4</cusip>
        <identifiers>
          <isin value="US13058TGE47"/>
          <ticker value="CASSCD"/>
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        <balance>3130000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2954908.7400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2030</title>
        <cusip>13058TGN4</cusip>
        <identifiers>
          <isin value="US13058TGN46"/>
          <ticker value="CASSCD"/>
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        <balance>600000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>604479.0600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TGP9</cusip>
        <identifiers>
          <isin value="US13058TGP93"/>
          <ticker value="CASSCD"/>
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        <balance>430000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>429900.9300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LARCHMONT SCHOOLS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 6.25% 06/01/2065</title>
        <cusip>13058TWC0</cusip>
        <identifiers>
          <isin value="US13058TWC07"/>
          <ticker value="CASSCD"/>
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        <balance>1350000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1412868.0200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
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      <invstOrSec>
        <name>ALLIANCE FOR CLG READY OB</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2045</title>
        <cusip>13059TBU2</cusip>
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          <isin value="US13059TBU25"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>5000346.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>KIPP SOCAL PUB SCHS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2045</title>
        <cusip>13059TBZ1</cusip>
        <identifiers>
          <isin value="US13059TBZ12"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1650127.3800000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2045</title>
        <cusip>13059TCD9</cusip>
        <identifiers>
          <isin value="US13059TCD90"/>
          <ticker value="CASSCD"/>
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        <balance>3500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3495876.6500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLIANCE FOR CLG READY OB</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2031</title>
        <cusip>13059TDC0</cusip>
        <identifiers>
          <isin value="US13059TDC09"/>
          <ticker value="CASSCD"/>
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        <balance>4000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3971974.0000000000</valUSD>
        <pctVal>0.2421586805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>
      <invstOrSec>
        <name>KIPP SOCAL PUB SCHS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2037</title>
        <cusip>13059TEV7</cusip>
        <identifiers>
          <isin value="US13059TEV70"/>
          <ticker value="CASSCD"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GREEN DOT PUBLIC SCHS OBG</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KIPP SOCAL PUB SCHS OBL</name>
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          <isin value="US13059TFU88"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
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          <isin value="US13059THG76"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
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          <isin value="US13059THH59"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VALUE SCHOOLS</name>
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          <isin value="US13059THL61"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Irvine CA</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Irvine Facilities Financing Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <ticker value="LKEGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Alameda County Fire Department</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DESERTXPRESS ENTERPRISES</name>
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        <cusip>13034A7E4</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA SCIENCE CTR</name>
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          <isin value="US13034AV232"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SV HSG PRESERVATION LP</name>
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          <isin value="US13034DAM65"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ANTELOPE VLY HLTHCR DT OB</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <ticker value="CCEDEV"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chabot-Las Positas Community College District</name>
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          <ticker value="CBTHGR"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <ticker value="CHIGEN"/>
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        <invCountry>PR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>549300X8VKJ215S2R571</lei>
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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>EQUITABLE SCH REVOLV OBL</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>5493000UQOV6R4ZWS346</lei>
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          <isin value="US130483GN40"/>
          <ticker value="CASMFH"/>
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        <curCd>USD</curCd>
        <valUSD>5375679.5000000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WITMER MANOR CMNTY PARTNE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130483HW3</cusip>
        <identifiers>
          <isin value="US130483HW30"/>
          <ticker value="CASMFH"/>
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        <curCd>USD</curCd>
        <valUSD>1492059.4300000000</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>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MAISON'S SIERRA PHASE 2</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130483JT8</cusip>
        <identifiers>
          <isin value="US130483JT82"/>
          <ticker value="CASMFH"/>
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        <curCd>USD</curCd>
        <valUSD>2223840.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Dublin CA</name>
        <lei>N/A</lei>
        <title>City of Dublin CA 5.50% 09/01/2051</title>
        <cusip>26362DBG2</cusip>
        <identifiers>
          <isin value="US26362DBG25"/>
          <ticker value="DUB"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3151980.8300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Dublin CA</name>
        <lei>N/A</lei>
        <title>City of Dublin CA 5.38% 09/01/2051</title>
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        <identifiers>
          <isin value="US26362DBU19"/>
          <ticker value="DUB"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1287018.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VILLAGE GREEN TAX CREDIT</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.13% 11/01/2041</title>
        <cusip>130483JV3</cusip>
        <identifiers>
          <isin value="US130483JV39"/>
          <ticker value="CASMFH"/>
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        <balance>6290000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6215228.8800000000</valUSD>
        <pctVal>0.3789228289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</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>707 BY VINTAGE LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.40% 12/01/2043</title>
        <cusip>130483MB3</cusip>
        <identifiers>
          <isin value="US130483MB38"/>
          <ticker value="CASMFH"/>
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        <balance>3930000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3956256.3300000000</valUSD>
        <pctVal>0.2412004239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000000</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>City of Dublin CA Community Facilities District No 2015-1</name>
        <lei>N/A</lei>
        <title>City of Dublin CA Community Facilities District No 2015-1 5.00% 09/01/2037</title>
        <cusip>26362PAB7</cusip>
        <identifiers>
          <isin value="US26362PAB76"/>
          <ticker value="DUBFAC"/>
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        <balance>1150000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1167312.7900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>City of Dublin CA Community Facilities District No 2015-1</name>
        <lei>N/A</lei>
        <title>City of Dublin CA Community Facilities District No 2015-1 5.00% 09/01/2047</title>
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          <isin value="US26362PAC59"/>
          <ticker value="DUBFAC"/>
          <other otherDesc="SEDOL" value="BGN6CZ5"/>
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        <balance>2840000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2854127.8600000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>SANTA ROSA ACADEMY LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 07/01/2045</title>
        <cusip>130486AT0</cusip>
        <identifiers>
          <isin value="US130486AT05"/>
          <ticker value="CASFIN"/>
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        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1376186.1400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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      <invstOrSec>
        <name>RIVER CHARTER SCHOOLS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 06/01/2048</title>
        <cusip>13048DCF3</cusip>
        <identifiers>
          <isin value="US13048DCF33"/>
          <ticker value="CASFIN"/>
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        <balance>2265000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2205758.7000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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      <invstOrSec>
        <name>PALMDALE AEROSPACE ACDMY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2049</title>
        <cusip>13048DCQ9</cusip>
        <identifiers>
          <isin value="US13048DCQ97"/>
          <ticker value="CASFIN"/>
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        <balance>5100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4816661.8500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EMERSON COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 01/01/2042</title>
        <cusip>13048T6J7</cusip>
        <identifiers>
          <isin value="US13048T6J73"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>5286485.4000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Dublin CA Community Facilities District No 2015-1</name>
        <lei>N/A</lei>
        <title>City of Dublin CA Community Facilities District No 2015-1 5.00% 09/01/2044</title>
        <cusip>26362RAL1</cusip>
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          <ticker value="DUBFAC"/>
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        <curCd>USD</curCd>
        <valUSD>2243748.5400000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>East Bay Municipal Utility District Wastewater System Revenue</name>
        <lei>N/A</lei>
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        <cusip>271012JK3</cusip>
        <identifiers>
          <isin value="US271012JK34"/>
          <ticker value="EBYUTL"/>
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        <curCd>USD</curCd>
        <valUSD>2992083.0800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>East Garrison Public Finance Authority</name>
        <lei>N/A</lei>
        <title>East Garrison Public Finance Authority 5.00% 09/01/2046</title>
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          <isin value="US272272AX31"/>
          <ticker value="EGAGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1150799.4800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eastern Municipal Water District Community Facilities District</name>
        <lei>549300ZCFVRFDIRWK089</lei>
        <title>Eastern Municipal Water District Community Facilities District 5.00% 09/01/2054</title>
        <cusip>27627M5T0</cusip>
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          <ticker value="EASWTR"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>569995.5600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>CREATIVE CTR OF LOS ALTOS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 11/01/2036</title>
        <cusip>13048TA29</cusip>
        <identifiers>
          <isin value="US13048TA293"/>
          <ticker value="CASFIN"/>
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        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1382838.1000000000</valUSD>
        <pctVal>0.0843072612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CREATIVE CTR OF LOS ALTOS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.50% 11/01/2046</title>
        <cusip>13048TA37</cusip>
        <identifiers>
          <isin value="US13048TA376"/>
          <ticker value="CASFIN"/>
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        <balance>5300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5010685.7200000000</valUSD>
        <pctVal>0.3054856457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of El Dorado CA</name>
        <lei>254900YWTZGSOPTH2R20</lei>
        <title>County of El Dorado CA 4.00% 09/01/2046</title>
        <cusip>283113JG4</cusip>
        <identifiers>
          <isin value="US283113JG41"/>
          <ticker value="EDRGEN"/>
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        <balance>2350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2127790.1100000000</valUSD>
        <pctVal>0.1297246269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/01/2046</title>
        <cusip>13048TG23</cusip>
        <identifiers>
          <isin value="US13048TG233"/>
          <ticker value="CASFIN"/>
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        <balance>8325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8130274.9200000000</valUSD>
        <pctVal>0.4956771234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Chevron Corp</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 1.00% 11/01/2035</title>
        <cusip>13048TGU1</cusip>
        <identifiers>
          <isin value="US13048TGU16"/>
          <ticker value="CASFIN"/>
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        <balance>5250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5250000.0000000000</valUSD>
        <pctVal>0.3200758798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.000000000000000</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>AZUSA PACIFIC UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2041</title>
        <cusip>13048TTS2</cusip>
        <identifiers>
          <isin value="US13048TTS23"/>
          <ticker value="CASFIN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>486983.0000000000</valUSD>
        <pctVal>0.0296898118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 11/01/2045</title>
        <cusip>13048TWM1</cusip>
        <identifiers>
          <isin value="US13048TWM16"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3999635.2000000000</valUSD>
        <pctVal>0.2438450963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>CREATIVE CTR OF LOS ALTOS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 11/01/2026</title>
        <cusip>13048TZZ9</cusip>
        <identifiers>
          <isin value="US13048TZZ91"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100013.2100000000</valUSD>
        <pctVal>0.0060974888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2044</title>
        <cusip>13048V2S6</cusip>
        <identifiers>
          <isin value="US13048V2S64"/>
          <ticker value="CASFIN"/>
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        <balance>1165000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1220307.2100000000</valUSD>
        <pctVal>0.0743982674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2049</title>
        <cusip>13048V2T4</cusip>
        <identifiers>
          <isin value="US13048V2T48"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1320881.5100000000</valUSD>
        <pctVal>0.0805299641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>HUMANGOOD CA OBLIG GROUP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 10/01/2045</title>
        <cusip>13048V3Y2</cusip>
        <identifiers>
          <isin value="US13048V3Y24"/>
          <ticker value="CASFIN"/>
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        <balance>1120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1170853.9400000000</valUSD>
        <pctVal>0.0713832581</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>5.250000000000000</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>CMNTY HLTH CTRS CTL COAST</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.75% 12/01/2055</title>
        <cusip>13048V4L9</cusip>
        <identifiers>
          <isin value="US13048V4L93"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1052288.3000000000</valUSD>
        <pctVal>0.0641546864</pctVal>
        <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>5.750000000000000</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>GRACELIGHT CMNTY HLTH OBL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 06/01/2056</title>
        <cusip>13048V5D6</cusip>
        <identifiers>
          <isin value="US13048V5D68"/>
          <ticker value="CASFIN"/>
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        <balance>1955000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1946442.7700000000</valUSD>
        <pctVal>0.1186684537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</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>GATEWAYS HOSP &amp; MENTAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 09/01/2055</title>
        <cusip>13048V5M6</cusip>
        <identifiers>
          <isin value="US13048V5M67"/>
          <ticker value="CASFIN"/>
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        <balance>1875000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1910541.7500000000</valUSD>
        <pctVal>0.1164796822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>PRG - POTRERO PROPERTIES</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 09/01/2056</title>
        <cusip>13048V6R4</cusip>
        <identifiers>
          <isin value="US13048V6R46"/>
          <ticker value="CASFIN"/>
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        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1296273.7200000000</valUSD>
        <pctVal>0.0790297050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>SAMUEL MERRITT UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 06/01/2053</title>
        <cusip>13048VF37</cusip>
        <identifiers>
          <isin value="US13048VF371"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4131700.8000000000</valUSD>
        <pctVal>0.2518967178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>WILLIAM JESSUP UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US13048VMZ84"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Temescal Valley Water District</name>
        <lei>N/A</lei>
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          <isin value="US87975CAV37"/>
          <ticker value="LEEWTR"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SACRAMENTO COUNTY TOBACCO</name>
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        <identifiers>
          <isin value="US888794BX16"/>
          <ticker value="TOBGEN"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US888794CA04"/>
          <ticker value="TOBGEN"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US888804BB69"/>
          <ticker value="TOBGEN"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <ticker value="CASFIN"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <ticker value="CASFIN"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>5493000UQOV6R4ZWS346</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 09/01/2050</title>
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          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 09/01/2055</title>
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          <ticker value="CASGEN"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>REAL JOURNEY ACAD OBLIG</name>
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          <isin value="US13069ABD90"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PROVIDENT GROUP-POMONA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>California State University</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>California Statewide</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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        <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>ALAMEDA CNTY TOBACCO SEC</name>
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        <debtSec>
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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>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
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          <isin value="US13016NEZ33"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>674231.8500000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CNTY SECURITI</name>
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          <isin value="US13016NFC39"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>837821.4300000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTA CLARA UNIVERSITY</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 04/01/2044</title>
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          <isin value="US130179WD25"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
        <valUSD>1397333.0600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTA CLARA UNIVERSITY</name>
        <lei>N/A</lei>
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          <isin value="US130179WE08"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
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          <isin value="US130179XP46"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
        <valUSD>4162680.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US130179YE89"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
        <valUSD>4219379.2000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>STANFORD HEALTH CARE OBL</name>
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        <cusip>13032U3Y2</cusip>
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          <isin value="US13032U3Y20"/>
          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CEDARS-SINAI MED CTR OBLG</name>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCRIPPS HLTH OBLIG GRP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>549300KTNI2GCJNX2U48</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCRIPPS HLTH OBLIG GRP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>COMMONSPIRIT HLTH OBLIG</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 04/01/2049</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHF-IRVINE LLC</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 05/15/2029</title>
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          <isin value="US13078RGB06"/>
          <ticker value="CASDEV"/>
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        <curCd>USD</curCd>
        <valUSD>1251734.3800000000</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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
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      <invstOrSec>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <isin value="US13080SNN08"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REDLANDS CMNTY HOSP OBLIG</name>
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        <cusip>13080SPL2</cusip>
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          <isin value="US13080SPL24"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
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        <cusip>13080SSG0</cusip>
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          <isin value="US13080SSG02"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
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        <cusip>13080SSH8</cusip>
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          <isin value="US13080SSH84"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SANFORD BURNHAM PREBYS</name>
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        <cusip>79743AAX1</cusip>
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          <isin value="US79743AAX19"/>
          <ticker value="SDGGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
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        <cusip>79766DVG1</cusip>
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          <isin value="US79766DVG14"/>
          <ticker value="SFOAPT"/>
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        <curCd>USD</curCd>
        <valUSD>4343232.0000000000</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>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <cusip>79766DXD6</cusip>
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          <isin value="US79766DXD64"/>
          <ticker value="SFOAPT"/>
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        <curCd>USD</curCd>
        <valUSD>1056770.3000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
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        <cusip>79766DZF9</cusip>
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          <isin value="US79766DZF94"/>
          <ticker value="SFOAPT"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 06/01/2051</title>
        <cusip>13080SWP5</cusip>
        <identifiers>
          <isin value="US13080SWP54"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EMANATE HLTH OBLIG GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13080SX58</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CORE 700 HOTEL VENTURE LL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/02/2035</title>
        <cusip>13080TAY8</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CORE 700 HOTEL VENTURE LL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/02/2040</title>
        <cusip>13080TAZ5</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
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          <ticker value="SFRDEV"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
        <lei>5493001TPOZL3UK8DX25</lei>
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          <ticker value="SFRDEV"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
        <lei>N/A</lei>
        <title>City of San Francisco CA Public Utilities Commission Water Revenue 5.25% 11/01/2052</title>
        <cusip>79771FDP9</cusip>
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          <isin value="US79771FDP99"/>
          <ticker value="SFOWTR"/>
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        <curCd>USD</curCd>
        <valUSD>7100698.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>City &amp; County of San Francisco CA Community Facilities District No 2016-1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</name>
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          <isin value="US79773NAN84"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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          <isin value="US798111DD98"/>
          <ticker value="SJHTRN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Washington Township Health Care District</name>
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          <isin value="US940204GX22"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US940204GY05"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CORE 700 HOTEL VENTURE LL</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 2.65% 12/01/2046</title>
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          <isin value="US126292AQ42"/>
          <ticker value="CDAHSG"/>
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        <curCd>USD</curCd>
        <valUSD>1222716.7100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000000</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>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 4.00% 02/01/2057</title>
        <cusip>126292AX9</cusip>
        <identifiers>
          <isin value="US126292AX92"/>
          <ticker value="CDAHSG"/>
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        <balance>4000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3045712.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 4.00% 09/01/2046</title>
        <cusip>126292AZ4</cusip>
        <identifiers>
          <isin value="US126292AZ41"/>
          <ticker value="CDAHSG"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1646701.7900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 3.00% 03/01/2057</title>
        <cusip>126292BB6</cusip>
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          <isin value="US126292BB63"/>
          <ticker value="CDAHSG"/>
          <other otherDesc="SEDOL" value="BM9R9Q4"/>
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        <curCd>USD</curCd>
        <valUSD>6237319.5000000000</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>2057-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000000</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>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 4.00% 03/01/2057</title>
        <cusip>126292BC4</cusip>
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          <isin value="US126292BC47"/>
          <ticker value="CDAHSG"/>
          <other otherDesc="SEDOL" value="BMW4KY7"/>
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        <curCd>USD</curCd>
        <valUSD>2420730.1200000000</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>2057-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 3.25% 04/01/2057</title>
        <cusip>126292BG5</cusip>
        <identifiers>
          <isin value="US126292BG50"/>
          <ticker value="CDAHSG"/>
          <other otherDesc="SEDOL" value="BMW4LK0"/>
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        <balance>9635000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7064797.2700000000</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>2057-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</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>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 4.00% 04/01/2057</title>
        <cusip>126292BH3</cusip>
        <identifiers>
          <isin value="US126292BH34"/>
          <ticker value="CDAHSG"/>
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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2247625.8000000000</valUSD>
        <pctVal>0.1370306296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority 3.13% 06/01/2057</title>
        <cusip>126292CB5</cusip>
        <identifiers>
          <isin value="US126292CB54"/>
          <ticker value="CDAHSG"/>
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        <balance>5385000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3288627.5800000000</valUSD>
        <pctVal>0.2004972125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>P3 CLAREMONT HOLDINGS LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2052</title>
        <cusip>13049YER8</cusip>
        <identifiers>
          <isin value="US13049YER80"/>
          <ticker value="CASFIN"/>
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        <balance>2075000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1890657.0000000000</valUSD>
        <pctVal>0.1152673719</pctVal>
        <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>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHF-DAVIS II LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 05/15/2041</title>
        <cusip>13049YFN6</cusip>
        <identifiers>
          <isin value="US13049YFN67"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1005847.0000000000</valUSD>
        <pctVal>0.0613233073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Airlines Inc</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 07/15/2029</title>
        <cusip>13050RAA0</cusip>
        <identifiers>
          <isin value="US13050RAA05"/>
          <ticker value="CASFIN"/>
          <other otherDesc="SEDOL" value="BKBNXX1"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2622559.9400000000</valUSD>
        <pctVal>0.1598891771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.54% 02/20/2041</title>
        <cusip>13050WAA9</cusip>
        <identifiers>
          <isin value="US13050WAA99"/>
          <ticker value="CASMFH"/>
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        <balance>2951215.7300000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2761587.4300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-20</maturityDt>
          <couponKind>None</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VALUE SCHOOLS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.25% 07/01/2048</title>
        <cusip>13059THM4</cusip>
        <identifiers>
          <isin value="US13059THM45"/>
          <ticker value="CASSCD"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>706509.7900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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      <invstOrSec>
        <name>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2064</title>
        <cusip>13059TJS9</cusip>
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          <isin value="US13059TJS96"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1907212.1200000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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        <cusip>13063D5F1</cusip>
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          <isin value="US13063D5F14"/>
          <ticker value="CAS"/>
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        <curCd>USD</curCd>
        <valUSD>5335476.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
        <title>State of California 5.25% 08/01/2044</title>
        <cusip>13063ECN4</cusip>
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          <isin value="US13063ECN40"/>
          <ticker value="CAS"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1192691.0200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.50% 09/01/2053</title>
        <cusip>13077EQD5</cusip>
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          <isin value="US13077EQD57"/>
          <ticker value="CASGEN"/>
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        <balance>1700000.0000000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Moreno Valley Unified School District Community Facilities District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US68304NFZ78"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONGREGATINAL HOMES OBLIG</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CARITAS CORP CMFA MOBILE</name>
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        <invCountry>US</invCountry>
        
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOWLES HALL FOUNDATION</name>
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          <isin value="US13049YAK73"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13049YBN0</cusip>
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          <isin value="US13049YBN04"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>6727595.2900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isin value="US13049YCT64"/>
          <ticker value="CASFIN"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHF-DAVIS I LLC</name>
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          <isin value="US13049YCX76"/>
          <ticker value="CASFIN"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>California Municipal Finance Authority</name>
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          <isin value="US13051AKF48"/>
          <ticker value="CASGEN"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2039</title>
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          <isin value="US13051AKS68"/>
          <ticker value="CASGEN"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>P3 CLAREMONT HOLDINGS LLC</name>
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          <isin value="US13049YEQ08"/>
          <ticker value="CASFIN"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ROCKETSHIP EDU OBLIG GRP</name>
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        <name>ROCKETSHIP EDU OBLIG GRP</name>
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      <invstOrSec>
        <name>DOWNTOWN CLG PREP OBLG GR</name>
        <lei>N/A</lei>
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        <balance>970000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>582000.0000000000</valUSD>
        <pctVal>0.0354826975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOWNTOWN CLG PREP OBLG GR</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.50% 06/01/2031</title>
        <cusip>13058TDN7</cusip>
        <identifiers>
          <isin value="US13058TDN72"/>
          <ticker value="CASSCD"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>900000.0000000000</valUSD>
        <pctVal>0.0548701508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DOWNTOWN CLG PREP OBLG GR</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.75% 06/01/2036</title>
        <cusip>13058TDP2</cusip>
        <identifiers>
          <isin value="US13058TDP21"/>
          <ticker value="CASSCD"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>900000.0000000000</valUSD>
        <pctVal>0.0548701508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2055</title>
        <cusip>13051AMF2</cusip>
        <identifiers>
          <isin value="US13051AMF20"/>
          <ticker value="CASGEN"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1255756.1300000000</valUSD>
        <pctVal>0.0765594758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 09/01/2050</title>
        <cusip>13051AMK1</cusip>
        <identifiers>
          <isin value="US13051AMK15"/>
          <ticker value="CASGEN"/>
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        <balance>765000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>779466.5300000000</valUSD>
        <pctVal>0.0475216067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</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>KEPLER EDUCATION INC</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.75% 05/01/2037</title>
        <cusip>13058TEY2</cusip>
        <identifiers>
          <isin value="US13058TEY29"/>
          <ticker value="CASSCD"/>
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        <balance>1050000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1056221.3600000000</valUSD>
        <pctVal>0.0643944726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</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>KEPLER EDUCATION INC</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.88% 05/01/2047</title>
        <cusip>13058TEZ9</cusip>
        <identifiers>
          <isin value="US13058TEZ93"/>
          <ticker value="CASSCD"/>
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        <balance>2425000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2429637.3300000000</valUSD>
        <pctVal>0.1481272964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</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>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TFY1</cusip>
        <identifiers>
          <isin value="US13058TFY10"/>
          <ticker value="CASSCD"/>
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        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>360784.1200000000</valUSD>
        <pctVal>0.0219958656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2053</title>
        <cusip>13058TGA2</cusip>
        <identifiers>
          <isin value="US13058TGA25"/>
          <ticker value="CASSCD"/>
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        <balance>2265000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2077785.0700000000</valUSD>
        <pctVal>0.1266759779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2055</title>
        <cusip>75211RSP3</cusip>
        <identifiers>
          <isin value="US75211RSP37"/>
          <ticker value="RCRFAC"/>
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        <balance>645000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>647784.5300000000</valUSD>
        <pctVal>0.0394933721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Riverside County Community Facilities Districts</name>
        <lei>N/A</lei>
        <title>Riverside County Community Facilities Districts 5.00% 09/01/2044</title>
        <cusip>76911FTK0</cusip>
        <identifiers>
          <isin value="US76911FTK02"/>
          <ticker value="RIVFAC"/>
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        <balance>2735000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2735630.6900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 09/01/2055</title>
        <cusip>13051AML9</cusip>
        <identifiers>
          <isin value="US13051AML97"/>
          <ticker value="CASGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012316.1000000000</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>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2040</title>
        <cusip>13051ANR5</cusip>
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          <isin value="US13051ANR58"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>548346.4900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Riverside County Community Facilities Districts</name>
        <lei>N/A</lei>
        <title>Riverside County Community Facilities Districts 5.00% 09/01/2042</title>
        <cusip>76911FUH5</cusip>
        <identifiers>
          <isin value="US76911FUH53"/>
          <ticker value="RIVFAC"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1118646.1200000000</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>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riverside County Community Facilities Districts</name>
        <lei>N/A</lei>
        <title>Riverside County Community Facilities Districts 5.00% 09/01/2045</title>
        <cusip>76911FUJ1</cusip>
        <identifiers>
          <isin value="US76911FUJ10"/>
          <ticker value="RIVFAC"/>
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        <balance>540000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>543410.9100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
        <title>Riverside County Transportation Commission 0.00% 06/01/2041</title>
        <cusip>76912DAR9</cusip>
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          <isin value="US76912DAR98"/>
          <ticker value="RIVTRN"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1059808.0000000000</valUSD>
        <pctVal>0.0646131387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
        <title>Riverside County Transportation Commission 0.00% 06/01/2042</title>
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          <isin value="US76912DAS71"/>
          <ticker value="RIVTRN"/>
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        <balance>3320000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1657918.3600000000</valUSD>
        <pctVal>0.1010780338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Riverside County Transportation Commission</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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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>REAL JOURNEY ACAD OBLIG</name>
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        <fairValLevel>2</fairValLevel>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2055</title>
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        <identifiers>
          <isin value="US776192YA86"/>
          <ticker value="ROMMEL"/>
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        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1816794.7200000000</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>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2059</title>
        <cusip>13058TJW1</cusip>
        <identifiers>
          <isin value="US13058TJW18"/>
          <ticker value="CASSCD"/>
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        <balance>3915000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3689515.1800000000</valUSD>
        <pctVal>0.2249380604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 08/01/2051</title>
        <cusip>13058TNA4</cusip>
        <identifiers>
          <isin value="US13058TNA42"/>
          <ticker value="CASSCD"/>
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        <balance>1300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1042047.6300000000</valUSD>
        <pctVal>0.0635303451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2051</title>
        <cusip>776192ZZ2</cusip>
        <identifiers>
          <isin value="US776192ZZ29"/>
          <ticker value="ROMMEL"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508409.2500000000</valUSD>
        <pctVal>0.0309961025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2055</title>
        <cusip>77786AAM7</cusip>
        <identifiers>
          <isin value="US77786AAM71"/>
          <ticker value="ROSGEN"/>
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        <balance>1375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1362315.9000000000</valUSD>
        <pctVal>0.0830560877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 2.00% 06/01/2027</title>
        <cusip>13058TNS5</cusip>
        <identifiers>
          <isin value="US13058TNS59"/>
          <ticker value="CASSCD"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68659.9300000000</valUSD>
        <pctVal>0.0041859786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</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>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2039</title>
        <cusip>13058TNT3</cusip>
        <identifiers>
          <isin value="US13058TNT33"/>
          <ticker value="CASSCD"/>
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        <balance>1085000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1026065.0800000000</valUSD>
        <pctVal>0.0625559397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2053</title>
        <cusip>7778705C6</cusip>
        <identifiers>
          <isin value="US7778705C63"/>
          <ticker value="ROSGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1010397.2000000000</valUSD>
        <pctVal>0.0616007186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2043</title>
        <cusip>7778705F9</cusip>
        <identifiers>
          <isin value="US7778705F94"/>
          <ticker value="ROSGEN"/>
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        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>490981.9900000000</valUSD>
        <pctVal>0.0299336176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2051</title>
        <cusip>13058TNU0</cusip>
        <identifiers>
          <isin value="US13058TNU06"/>
          <ticker value="CASSCD"/>
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        <balance>1730000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1439414.1500000000</valUSD>
        <pctVal>0.0877565239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2061</title>
        <cusip>13058TNV8</cusip>
        <identifiers>
          <isin value="US13058TNV88"/>
          <ticker value="CASSCD"/>
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        <balance>2220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1738029.3400000000</valUSD>
        <pctVal>0.1059621467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2061</title>
        <cusip>13058TPW4</cusip>
        <identifiers>
          <isin value="US13058TPW44"/>
          <ticker value="CASSCD"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3704808.4000000000</valUSD>
        <pctVal>0.2258704396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>LIGHTHOUSE CMNTY PUB SCHS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 6.38% 06/01/2052</title>
        <cusip>13058TRM4</cusip>
        <identifiers>
          <isin value="US13058TRM44"/>
          <ticker value="CASSCD"/>
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        <balance>1225000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1260267.0200000000</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>2052-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2044</title>
        <cusip>7778707B6</cusip>
        <identifiers>
          <isin value="US7778707B62"/>
          <ticker value="ROSGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1027466.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2053</title>
        <cusip>842469CM8</cusip>
        <identifiers>
          <isin value="US842469CM84"/>
          <ticker value="STNPWR"/>
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        <balance>10000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10241933.0000000000</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>5.000000000000000</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>LIGHTHOUSE CMNTY PUB SCHS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 6.50% 06/01/2062</title>
        <cusip>13058TRN2</cusip>
        <identifiers>
          <isin value="US13058TRN27"/>
          <ticker value="CASSCD"/>
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        <balance>2125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2185125.1800000000</valUSD>
        <pctVal>0.1332201646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000000</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>ORANGE CNTY EDU ARTS ACAD</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.63% 06/01/2043</title>
        <cusip>13058TSA9</cusip>
        <identifiers>
          <isin value="US13058TSA96"/>
          <ticker value="CASSCD"/>
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        <balance>560000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>571770.5800000000</valUSD>
        <pctVal>0.0348590422</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
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        <title>Southern California Public Power Authority 5.00% 11/01/2033</title>
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          <isin value="US842471AY05"/>
          <ticker value="STNPWR"/>
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        <curCd>USD</curCd>
        <valUSD>4011914.4700000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Southern Mono Health Care District</name>
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          <isin value="US843387AX98"/>
          <ticker value="SMOMED"/>
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        <curCd>USD</curCd>
        <valUSD>1790965.0800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stockton Community Facilities District</name>
        <lei>N/A</lei>
        <title>Stockton Community Facilities District 4.00% 09/01/2045</title>
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          <isin value="US861341QX63"/>
          <ticker value="STOFAC"/>
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        <curCd>USD</curCd>
        <valUSD>994512.7700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Stockton Community Facilities District</name>
        <lei>N/A</lei>
        <title>Stockton Community Facilities District 4.00% 09/01/2050</title>
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          <isin value="US861341QY47"/>
          <ticker value="STOFAC"/>
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        <balance>1500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1269193.0500000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stockton Community Facilities District</name>
        <lei>N/A</lei>
        <title>Stockton Community Facilities District 5.00% 09/01/2045</title>
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          <isin value="US861341TW53"/>
          <ticker value="STOFAC"/>
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        <curCd>USD</curCd>
        <valUSD>1249038.0700000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stockton Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Stockton Public Financing Authority 5.00% 09/01/2037</title>
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          <isin value="US861395HT16"/>
          <ticker value="STOGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <lei>N/A</lei>
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          <isin value="US861395HU88"/>
          <ticker value="STOGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sulphur Springs Union School District</name>
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          <ticker value="SULEDU"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORANGE CNTY EDU ARTS ACAD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>North Lake Tahoe Public Financing Authority</name>
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          <ticker value="NLTGEN"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Northern Inyo County Local Hospital District</name>
        <lei>N/A</lei>
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          <ticker value="NINMED"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Northern Inyo County Local Hospital District</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Norwalk-La Mirada Unified School District</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ojai Unified School District</name>
        <lei>N/A</lei>
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          <ticker value="OJASCD"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 28</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>City of Ontario CA Community Facilities District No 28</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Lake Elsinore Unified School District Community Facilities District</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CFC-FR LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles Housing Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Los Angeles Unified School District/CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>City of Rancho Cordova CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Vista Unified School District</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Palmdale Water District Public Financing Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
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  <documents>XXXX</documents>
</edgarSubmission>
