<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><headerData><submissionType>NPORT-P</submissionType><isConfidential>false</isConfidential><filerInfo><filer><issuerCredentials><cik>0001082744</cik><ccc>XXXXXXXX</ccc></issuerCredentials></filer><seriesClassInfo><seriesId>S000058946</seriesId><classId>C000193251</classId><classId>C000193250</classId></seriesClassInfo></filerInfo></headerData><formData><genInfo><regName>Viking Mutual Funds</regName><regFileNumber>811-09277
</regFileNumber><regCik>0001082744</regCik><regLei>549300PSJICOHN07DD76</regLei><regStreet1>1 Main Street North</regStreet1><regCity>Minot</regCity><regStateConditional regCountry="US" regState="US-ND"/><regZipOrPostalCode>58703</regZipOrPostalCode><regPhone>701-857-5292</regPhone><seriesName>Oklahoma Municipal Fund</seriesName><seriesId>S000058946</seriesId><seriesLei>549300TDI40QPCJ2K131</seriesLei><repPdEnd>2026-07-31</repPdEnd><repPdDate>2026-07-31</repPdDate><isFinalFiling>N</isFinalFiling></genInfo><fundInfo><totAssets>39297490.41</totAssets><totLiabs>347660.92</totLiabs><netAssets>38949829.49</netAssets><assetsAttrMiscSec>0</assetsAttrMiscSec><assetsInvested>0</assetsInvested><amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr><amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp><amtPayOneYrOthAffil>0</amtPayOneYrOthAffil><amtPayOneYrOther>0</amtPayOneYrOther><amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr><amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp><amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil><amtPayAftOneYrOther>0</amtPayAftOneYrOther><delayDeliv>247757.5</delayDeliv><standByCommit>0</standByCommit><liquidPref>0</liquidPref><cshNotRptdInCorD>1291690.82</cshNotRptdInCorD><curMetrics><curMetric><curCd>USD</curCd><intrstRtRiskdv01 period10Yr="-16297.43" period1Yr="-182.63" period30Yr="-18265.54" period3Mon="-6.35" period5Yr="-48.42"/><intrstRtRiskdv100 period10Yr="-1531369.14" period1Yr="-17655.05" period30Yr="-1705850.77" period3Mon="-539.75" period5Yr="-4700.5"/></curMetric></curMetrics><creditSprdRiskInvstGrade period10Yr="-16297.43" period1Yr="-182.63" period30Yr="-18265.54" period3Mon="-6.35" period5Yr="-48.42"/><creditSprdRiskNonInvstGrade period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/><isNonCashCollateral>N</isNonCashCollateral><returnInfo><monthlyTotReturns><monthlyTotReturn classId="C000193251" rtn1="-2.22" rtn2="-1.77" rtn3="-4.14"/><monthlyTotReturn classId="C000193250" rtn1="0.29" rtn2="0.75" rtn3="-1.68"/></monthlyTotReturns><othMon1 netRealizedGain="0" netUnrealizedAppr="2246.76"/><othMon2 netRealizedGain="-4082.09" netUnrealizedAppr="181860.07"/><othMon3 netRealizedGain="-0.01" netUnrealizedAppr="-783853.19"/></returnInfo><mon1Flow redemption="185903.57" reinvestment="95165.78" sales="385200.28"/><mon2Flow redemption="794034.14" reinvestment="98959.5" sales="298990.3"/><mon3Flow redemption="351148.55" reinvestment="191396.78" sales="380148.34"/></fundInfo><invstOrSecs><invstOrSec><name>City of Broken Arrow OK  4.000%  12/1/2038</name><lei>N/A</lei><title>City of Broken Arrow OK  4.000%  12/1/2038</title><cusip>112097B74</cusip><identifiers><isin value="US112097B741"/></identifiers><balance>610000</balance><units>PA</units><curCd>USD</curCd><valUSD>610463.6</valUSD><pctVal>1.63</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bryan County School Finance Authority  5.000%  12/1/2033</name><lei>N/A</lei><title>Bryan County School Finance Authority  5.000%  12/1/2033</title><cusip>117510CP0</cusip><identifiers><isin value="US117510CP04"/></identifiers><balance>800000</balance><units>PA</units><curCd>USD</curCd><valUSD>826872</valUSD><pctVal>2.21</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bryan County School Finance Authority  4.125%  12/1/2037</name><lei>N/A</lei><title>Bryan County School Finance Authority  4.125%  12/1/2037</title><cusip>117510CQ8</cusip><identifiers><isin value="US117510CQ86"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>969220</valUSD><pctVal>2.59</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Caddo County Educational Facilities Authority  5.000%  9/1/2033</name><lei>N/A</lei><title>Caddo County Educational Facilities Authority  5.000%  9/1/2033</title><cusip>127218DV4</cusip><identifiers><isin value="US127218DV41"/></identifiers><balance>645000</balance><units>PA</units><curCd>USD</curCd><valUSD>676334.1</valUSD><pctVal>1.81</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Caddo County Educational Facilities Authority  5.000%  9/1/2034</name><lei>N/A</lei><title>Caddo County Educational Facilities Authority  5.000%  9/1/2034</title><cusip>127218DW2</cusip><identifiers><isin value="US127218DW24"/></identifiers><balance>735000</balance><units>PA</units><curCd>USD</curCd><valUSD>772470.3</valUSD><pctVal>2.06</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Caddo County Governmental Building Authority  5.000%  9/1/2040</name><lei>N/A</lei><title>Caddo County Governmental Building Authority  5.000%  9/1/2040</title><cusip>12721YBB3</cusip><identifiers><isin value="US12721YBB39"/></identifiers><balance>1010000</balance><units>PA</units><curCd>USD</curCd><valUSD>1025200.5</valUSD><pctVal>2.74</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2040-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Chouteau Educational Facilities Authority  4.000%  9/1/2032</name><lei>N/A</lei><title>Chouteau Educational Facilities Authority  4.000%  9/1/2032</title><cusip>170446AL2</cusip><identifiers><isin value="US170446AL24"/></identifiers><balance>350000</balance><units>PA</units><curCd>USD</curCd><valUSD>348068</valUSD><pctVal>0.93</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2032-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Chouteau Educational Facilities Authority  4.000%  9/1/2034</name><lei>N/A</lei><title>Chouteau Educational Facilities Authority  4.000%  9/1/2034</title><cusip>170446AM0</cusip><identifiers><isin value="US170446AM07"/></identifiers><balance>240000</balance><units>PA</units><curCd>USD</curCd><valUSD>234516</valUSD><pctVal>0.63</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cleveland County Home Loan Authority  4.600%  7/1/2049</name><lei>N/A</lei><title>Cleveland County Home Loan Authority  4.600%  7/1/2049</title><cusip>186047JG2</cusip><identifiers><isin value="US186047JG21"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>484440</valUSD><pctVal>1.29</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-07-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.6</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cleveland County Home Loan Authority  4.700%  7/1/2045</name><lei>N/A</lei><title>Cleveland County Home Loan Authority  4.700%  7/1/2045</title><cusip>186047KE5</cusip><identifiers><isin value="US186047KE53"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>497750</valUSD><pctVal>1.33</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2045-07-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.7</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Clinton Public Works Authority  4.000%  12/1/2039</name><lei>N/A</lei><title>Clinton Public Works Authority  4.000%  12/1/2039</title><cusip>188408AP3</cusip><identifiers><isin value="US188408AP36"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>500205</valUSD><pctVal>1.34</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Creek County Educational Facilities Authority  4.125%  9/1/2048</name><lei>N/A</lei><title>Creek County Educational Facilities Authority  4.125%  9/1/2048</title><cusip>225472BV0</cusip><identifiers><isin value="US225472BV04"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>463110</valUSD><pctVal>1.24</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2048-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Creek County Public Facilities Authority  5.000%  8/1/2048</name><lei>N/A</lei><title>Creek County Public Facilities Authority  5.000%  8/1/2048</title><cusip>22552AAC7</cusip><identifiers><isin value="US22552AAC71"/></identifiers><balance>1750000</balance><units>PA</units><curCd>USD</curCd><valUSD>1758085</valUSD><pctVal>4.69</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2048-08-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Delaware County Educational Facilities Authority  4.250%  9/1/2033</name><lei>N/A</lei><title>Delaware County Educational Facilities Authority  4.250%  9/1/2033</title><cusip>24588QBH4</cusip><identifiers><isin value="US24588QBH48"/></identifiers><balance>150000</balance><units>PA</units><curCd>USD</curCd><valUSD>149184</valUSD><pctVal>0.4</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Delaware County Educational Facilities Authority  4.375%  9/1/2034</name><lei>N/A</lei><title>Delaware County Educational Facilities Authority  4.375%  9/1/2034</title><cusip>24588QBJ0</cusip><identifiers><isin value="US24588QBJ04"/></identifiers><balance>125000</balance><units>PA</units><curCd>USD</curCd><valUSD>124888.75</valUSD><pctVal>0.33</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.375</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Delaware County Educational Facilities Authority  4.625%  9/1/2036</name><lei>N/A</lei><title>Delaware County Educational Facilities Authority  4.625%  9/1/2036</title><cusip>24588QBL5</cusip><identifiers><isin value="US24588QBL59"/></identifiers><balance>200000</balance><units>PA</units><curCd>USD</curCd><valUSD>200824</valUSD><pctVal>0.54</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.625</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Ellis County Educational Facilities Authority  5.000%  9/1/2040</name><lei>N/A</lei><title>Ellis County Educational Facilities Authority  5.000%  9/1/2040</title><cusip>28869RBR1</cusip><identifiers><isin value="US28869RBR12"/></identifiers><balance>715000</balance><units>PA</units><curCd>USD</curCd><valUSD>749255.65</valUSD><pctVal>2</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2040-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Ellis County Educational Facilities Authority  5.000%  9/1/2045</name><lei>N/A</lei><title>Ellis County Educational Facilities Authority  5.000%  9/1/2045</title><cusip>28869RBS9</cusip><identifiers><isin value="US28869RBS94"/></identifiers><balance>250000</balance><units>PA</units><curCd>USD</curCd><valUSD>257357.5</valUSD><pctVal>0.69</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2045-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Grady County School Finance Authority  5.125%  12/1/2039</name><lei>N/A</lei><title>Grady County School Finance Authority  5.125%  12/1/2039</title><cusip>384201KE8</cusip><identifiers><isin value="US384201KE80"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>532455</valUSD><pctVal>1.42</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Grady County School Finance Authority  5.125%  12/1/2040</name><lei>N/A</lei><title>Grady County School Finance Authority  5.125%  12/1/2040</title><cusip>384201KF5</cusip><identifiers><isin value="US384201KF55"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>529825</valUSD><pctVal>1.41</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2040-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hobart Educational Facilities Authority  5.000%  9/1/2026</name><lei>N/A</lei><title>Hobart Educational Facilities Authority  5.000%  9/1/2026</title><cusip>433817AN3</cusip><identifiers><isin value="US433817AN33"/></identifiers><balance>635000</balance><units>PA</units><curCd>USD</curCd><valUSD>635666.75</valUSD><pctVal>1.7</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hobart Educational Facilities Authority  4.500%  9/1/2027</name><lei>N/A</lei><title>Hobart Educational Facilities Authority  4.500%  9/1/2027</title><cusip>433817AP8</cusip><identifiers><isin value="US433817AP80"/></identifiers><balance>340000</balance><units>PA</units><curCd>USD</curCd><valUSD>342777.8</valUSD><pctVal>0.92</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hobart Educational Facilities Authority  4.500%  9/1/2028</name><lei>N/A</lei><title>Hobart Educational Facilities Authority  4.500%  9/1/2028</title><cusip>433817AQ6</cusip><identifiers><isin value="US433817AQ63"/></identifiers><balance>365000</balance><units>PA</units><curCd>USD</curCd><valUSD>369336.2</valUSD><pctVal>0.99</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Jackson County Educational Facilities Authority  4.250%  9/1/2031</name><lei>N/A</lei><title>Jackson County Educational Facilities Authority  4.250%  9/1/2031</title><cusip>467629AM3</cusip><identifiers><isin value="US467629AM30"/></identifiers><balance>320000</balance><units>PA</units><curCd>USD</curCd><valUSD>312537.6</valUSD><pctVal>0.83</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Kiowa County Public Facilities Authority  4.500%  12/1/2033</name><lei>N/A</lei><title>Kiowa County Public Facilities Authority  4.500%  12/1/2033</title><cusip>49725BAK2</cusip><identifiers><isin value="US49725BAK26"/></identifiers><balance>1130000</balance><units>PA</units><curCd>USD</curCd><valUSD>1168182.7</valUSD><pctVal>3.12</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Kiowa County Public Facilities Authority  5.000%  12/1/2038</name><lei>N/A</lei><title>Kiowa County Public Facilities Authority  5.000%  12/1/2038</title><cusip>49725BAL0</cusip><identifiers><isin value="US49725BAL09"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>1030480</valUSD><pctVal>2.75</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Kiowa County Public Facilities Authority  5.125%  12/1/2043</name><lei>N/A</lei><title>Kiowa County Public Facilities Authority  5.125%  12/1/2043</title><cusip>49725BAM8</cusip><identifiers><isin value="US49725BAM81"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>1036910</valUSD><pctVal>2.77</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>5.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Leflore County Public Facility Authority  4.250%  9/1/2033</name><lei>N/A</lei><title>Leflore County Public Facility Authority  4.250%  9/1/2033</title><cusip>52464GBE3</cusip><identifiers><isin value="US52464GBE35"/></identifiers><balance>525000</balance><units>PA</units><curCd>USD</curCd><valUSD>513996</valUSD><pctVal>1.37</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Leflore County Public Facility Authority  4.500%  9/1/2036</name><lei>N/A</lei><title>Leflore County Public Facility Authority  4.500%  9/1/2036</title><cusip>52464GBH6</cusip><identifiers><isin value="US52464GBH65"/></identifiers><balance>690000</balance><units>PA</units><curCd>USD</curCd><valUSD>676896.9</valUSD><pctVal>1.81</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Leflore County Public Facility Authority  5.000%  9/1/2038</name><lei>N/A</lei><title>Leflore County Public Facility Authority  5.000%  9/1/2038</title><cusip>52464GBK9</cusip><identifiers><isin value="US52464GBK94"/></identifiers><balance>250000</balance><units>PA</units><curCd>USD</curCd><valUSD>247310</valUSD><pctVal>0.66</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Love County Educational Facilities Authority  4.750%  9/1/2037</name><lei>N/A</lei><title>Love County Educational Facilities Authority  4.750%  9/1/2037</title><cusip>54713PBT5</cusip><identifiers><isin value="US54713PBT57"/></identifiers><balance>250000</balance><units>PA</units><curCd>USD</curCd><valUSD>245167.5</valUSD><pctVal>0.65</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Marshall County Educational Facilities Authority  5.000%  9/1/2044</name><lei>N/A</lei><title>Marshall County Educational Facilities Authority  5.000%  9/1/2044</title><cusip>572225BX7</cusip><identifiers><isin value="US572225BX72"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>512600</valUSD><pctVal>1.37</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2044-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Mcintosh County Educational Facilities Authority  5.000%  9/1/2036</name><lei>N/A</lei><title>Mcintosh County Educational Facilities Authority  5.000%  9/1/2036</title><cusip>581191AZ6</cusip><identifiers><isin value="US581191AZ64"/></identifiers><balance>400000</balance><units>PA</units><curCd>USD</curCd><valUSD>424608</valUSD><pctVal>1.13</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Murray County Educational Facilities Authority  4.750%  9/1/2043</name><lei>N/A</lei><title>Murray County Educational Facilities Authority  4.750%  9/1/2043</title><cusip>627035BE7</cusip><identifiers><isin value="US627035BE77"/></identifiers><balance>600000</balance><units>PA</units><curCd>USD</curCd><valUSD>589854</valUSD><pctVal>1.57</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>4.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma City Public Property Authority  5.000%  10/1/2036</name><lei>N/A</lei><title>Oklahoma City Public Property Authority  5.000%  10/1/2036</title><cusip>678595EW5</cusip><identifiers><isin value="US678595EW51"/></identifiers><balance>230000</balance><units>PA</units><curCd>USD</curCd><valUSD>223435.8</valUSD><pctVal>0.6</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-10-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma City Public Property Authority  5.000%  10/1/2039</name><lei>N/A</lei><title>Oklahoma City Public Property Authority  5.000%  10/1/2039</title><cusip>678595EZ8</cusip><identifiers><isin value="US678595EZ82"/></identifiers><balance>835000</balance><units>PA</units><curCd>USD</curCd><valUSD>824228.5</valUSD><pctVal>2.2</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-10-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma County Finance Authority  5.000%  9/1/2028</name><lei>N/A</lei><title>Oklahoma County Finance Authority  5.000%  9/1/2028</title><cusip>67868UKL6</cusip><identifiers><isin value="US67868UKL60"/></identifiers><balance>200000</balance><units>PA</units><curCd>USD</curCd><valUSD>204964</valUSD><pctVal>0.55</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma County Finance Authority  4.000%  4/1/2041</name><lei>N/A</lei><title>Oklahoma County Finance Authority  4.000%  4/1/2041</title><cusip>67868VCV1</cusip><identifiers><isin value="US67868VCV18"/></identifiers><balance>250000</balance><units>PA</units><curCd>USD</curCd><valUSD>246795</valUSD><pctVal>0.66</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>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Development Finance Authority  5.000%  6/1/2039</name><lei>N/A</lei><title>Oklahoma Development Finance Authority  5.000%  6/1/2039</title><cusip>67884FSV9</cusip><identifiers><isin value="US67884FSV93"/></identifiers><balance>19000</balance><units>PA</units><curCd>USD</curCd><valUSD>18380.6</valUSD><pctVal>0.05</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>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Development Finance Authority  5.000%  12/1/2043</name><lei>N/A</lei><title>Oklahoma Development Finance Authority  5.000%  12/1/2043</title><cusip>67884GTC8</cusip><identifiers><isin value="US67884GTC86"/></identifiers><balance>1630000</balance><units>PA</units><curCd>USD</curCd><valUSD>1694059</valUSD><pctVal>4.52</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>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Development Finance Authority  4.000%  8/15/2038</name><lei>N/A</lei><title>Oklahoma Development Finance Authority  4.000%  8/15/2038</title><cusip>67884XBR7</cusip><identifiers><isin value="US67884XBR70"/></identifiers><balance>250000</balance><units>PA</units><curCd>USD</curCd><valUSD>232872.5</valUSD><pctVal>0.62</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-08-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Housing Finance Agency  4.450%  9/1/2044</name><lei>N/A</lei><title>Oklahoma Housing Finance Agency  4.450%  9/1/2044</title><cusip>67886MG78</cusip><identifiers><isin value="US67886MG780"/></identifiers><balance>2000000</balance><units>PA</units><curCd>USD</curCd><valUSD>2013260</valUSD><pctVal>5.37</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2044-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.45</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Housing Finance Agency  4.400%  9/1/2044</name><lei>N/A</lei><title>Oklahoma Housing Finance Agency  4.400%  9/1/2044</title><cusip>67886MP60</cusip><identifiers><isin value="US67886MP609"/></identifiers><balance>870000</balance><units>PA</units><curCd>USD</curCd><valUSD>870748.2</valUSD><pctVal>2.32</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2044-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Housing Finance Agency  4.600%  9/1/2049</name><lei>N/A</lei><title>Oklahoma Housing Finance Agency  4.600%  9/1/2049</title><cusip>67886MP78</cusip><identifiers><isin value="US67886MP781"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>984540</valUSD><pctVal>2.63</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.6</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Turnpike Authority  5.250%  1/1/2048</name><lei>N/A</lei><title>Oklahoma Turnpike Authority  5.250%  1/1/2048</title><cusip>679111C85</cusip><identifiers><isin value="US679111C859"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>522875</valUSD><pctVal>1.4</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2048-01-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oklahoma Water Resources Board  5.000%  10/1/2045</name><lei>N/A</lei><title>Oklahoma Water Resources Board  5.000%  10/1/2045</title><cusip>67920Q6Y9</cusip><identifiers><isin value="US67920Q6Y91"/></identifiers><balance>280000</balance><units>PA</units><curCd>USD</curCd><valUSD>291625.6</valUSD><pctVal>0.78</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</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Payne County Economic Development Authority  4.250%  9/1/2034</name><lei>N/A</lei><title>Payne County Economic Development Authority  4.250%  9/1/2034</title><cusip>70438LBC1</cusip><identifiers><isin value="US70438LBC19"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>484415</valUSD><pctVal>1.29</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pontotoc County Educational Facilities Authority  4.000%  9/1/2034</name><lei>N/A</lei><title>Pontotoc County Educational Facilities Authority  4.000%  9/1/2034</title><cusip>732692CY2</cusip><identifiers><isin value="US732692CY25"/></identifiers><balance>625000</balance><units>PA</units><curCd>USD</curCd><valUSD>622087.5</valUSD><pctVal>1.66</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pontotoc County Educational Facilities Authority  4.000%  9/1/2040</name><lei>N/A</lei><title>Pontotoc County Educational Facilities Authority  4.000%  9/1/2040</title><cusip>732692DE5</cusip><identifiers><isin value="US732692DE51"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>940650</valUSD><pctVal>2.51</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2040-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pontotoc County Educational Facilities Authority  4.000%  9/1/2042</name><lei>N/A</lei><title>Pontotoc County Educational Facilities Authority  4.000%  9/1/2042</title><cusip>732692EG9</cusip><identifiers><isin value="US732692EG90"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>970470</valUSD><pctVal>2.59</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Rogers County Educational Facilities Authority  4.125%  9/1/2036</name><lei>N/A</lei><title>Rogers County Educational Facilities Authority  4.125%  9/1/2036</title><cusip>77514RBX4</cusip><identifiers><isin value="US77514RBX44"/></identifiers><balance>750000</balance><units>PA</units><curCd>USD</curCd><valUSD>720982.5</valUSD><pctVal>1.92</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Rogers County Educational Facilities Authority  4.250%  9/1/2038</name><lei>N/A</lei><title>Rogers County Educational Facilities Authority  4.250%  9/1/2038</title><cusip>77514RBY2</cusip><identifiers><isin value="US77514RBY27"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>978890</valUSD><pctVal>2.61</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Rogers County Educational Facilities Authority  5.000%  9/1/2027</name><lei>N/A</lei><title>Rogers County Educational Facilities Authority  5.000%  9/1/2027</title><cusip>77514RBZ9</cusip><identifiers><isin value="US77514RBZ91"/></identifiers><balance>315000</balance><units>PA</units><curCd>USD</curCd><valUSD>319702.95</valUSD><pctVal>0.85</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Stephens County Educational Facilities Authority  5.000%  9/1/2027</name><lei>N/A</lei><title>Stephens County Educational Facilities Authority  5.000%  9/1/2027</title><cusip>858761BD0</cusip><identifiers><isin value="US858761BD04"/></identifiers><balance>400000</balance><units>PA</units><curCd>USD</curCd><valUSD>407632</valUSD><pctVal>1.09</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Stephens County Educational Facilities Authority  4.000%  9/1/2032</name><lei>N/A</lei><title>Stephens County Educational Facilities Authority  4.000%  9/1/2032</title><cusip>858761BY4</cusip><identifiers><isin value="US858761BY41"/></identifiers><balance>665000</balance><units>PA</units><curCd>USD</curCd><valUSD>654798.9</valUSD><pctVal>1.75</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2032-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tulsa County Home Finance Authority  4.550%  7/1/2049</name><lei>N/A</lei><title>Tulsa County Home Finance Authority  4.550%  7/1/2049</title><cusip>899517HT6</cusip><identifiers><isin value="US899517HT68"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>484370</valUSD><pctVal>1.29</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-07-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.55</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tulsa Airports Improvement Trust  4.000%  6/1/2035</name><lei>N/A</lei><title>Tulsa Airports Improvement Trust  4.000%  6/1/2035</title><cusip>899647SH5</cusip><identifiers><isin value="US899647SH54"/></identifiers><balance>1355000</balance><units>PA</units><curCd>USD</curCd><valUSD>1347764.3</valUSD><pctVal>3.6</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2035-06-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tulsa Airports Improvement Trust  4.000%  6/1/2036</name><lei>N/A</lei><title>Tulsa Airports Improvement Trust  4.000%  6/1/2036</title><cusip>899647SJ1</cusip><identifiers><isin value="US899647SJ11"/></identifiers><balance>145000</balance><units>PA</units><curCd>USD</curCd><valUSD>141702.7</valUSD><pctVal>0.38</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</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tulsa Stadium Trust  4.000%  12/1/2038</name><lei>N/A</lei><title>Tulsa Stadium Trust  4.000%  12/1/2038</title><cusip>89967QBW5</cusip><identifiers><isin value="US89967QBW50"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>474680</valUSD><pctVal>1.27</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>University of Oklahoma/The  4.000%  7/1/2040</name><lei>N/A</lei><title>University of Oklahoma/The  4.000%  7/1/2040</title><cusip>91476PNP9</cusip><identifiers><isin value="US91476PNP98"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>500070</valUSD><pctVal>1.33</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2040-07-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Washington County Educational Facilities  5.000%  9/1/2031</name><lei>N/A</lei><title>Washington County Educational Facilities  5.000%  9/1/2031</title><cusip>938176AK0</cusip><identifiers><isin value="US938176AK05"/></identifiers><balance>445000</balance><units>PA</units><curCd>USD</curCd><valUSD>466115.25</valUSD><pctVal>1.24</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>MUN</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><signature><dateSigned xmlns="http://www.sec.gov/edgar/nportcommon">2026-09-24</dateSigned><nameOfApplicant xmlns="http://www.sec.gov/edgar/nportcommon">Viking Mutual Funds</nameOfApplicant><signature xmlns="http://www.sec.gov/edgar/nportcommon">Shelly Nahrstedt</signature><signerName xmlns="http://www.sec.gov/edgar/nportcommon">Shelly Nahrstedt</signerName><title xmlns="http://www.sec.gov/edgar/nportcommon">Treasurer </title></signature></formData></edgarSubmission>
