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        <name>AZ ST INDL DEV AUTH-A</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARLINGTON HGR EDU-A</name>
        <lei>N/A</lei>
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          <isin value="US041807QP69"/>
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        <valUSD>216234.880000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARLINGTON HGR EDU FIN</name>
        <lei>N/A</lei>
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          <isin value="US041806RQ50"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARLINGTON HGR EDU-A</name>
        <lei>N/A</lei>
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          <isin value="US041806E638"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ATLANTA GA ARPT REV SR C AMT</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US04780MZT97"/>
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        <curCd>USD</curCd>
        <valUSD>930256.430000</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>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTA-REV-B-1-AMT AMT</name>
        <lei>N/A</lei>
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        <cusip>04780M2Y4</cusip>
        <identifiers>
          <isin value="US04780M2Y49"/>
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        <curCd>USD</curCd>
        <valUSD>106433.380000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.2500000000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTA DEV AUTH-A 144A</name>
        <lei>N/A</lei>
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        <cusip>04777LDT0</cusip>
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          <isin value="US04777LDT08"/>
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        <balance>300000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303611.580000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.2500000000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTA GA WTR &amp; WASTEWTR REV SUB LIEN</name>
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        <cusip>047870TA8</cusip>
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          <isin value="US047870TA88"/>
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        <curCd>USD</curCd>
        <valUSD>551146.150000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>AUSTIN CONV CNT 1ST TIER SER A</name>
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        <identifiers>
          <isin value="US052409DJ53"/>
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        <curCd>USD</curCd>
        <valUSD>35106.310000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <name>AUSTIN CONV CNT 1ST TIER SER A</name>
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          <isin value="US052409DK27"/>
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        <valUSD>215588.300000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <name>AUSTIN CONV CNT 1ST TIER SER A</name>
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          <isin value="US052409DQ96"/>
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        <valUSD>150131.540000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AUSTIN CONV CNT 1ST TIER SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AUSTIN-REV-REF-AMT AMT</name>
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          <isin value="US052398JQ85"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AVE MARIA STEWARDSHIP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BALTIMORE CO MD OAK CREST VLLGE INC REF</name>
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          <isin value="US059151CD06"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>BALTIMORE CO MD RIDERWOOD VLLGE INC PROJ</name>
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          <isin value="US059151DD96"/>
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        <curCd>USD</curCd>
        <valUSD>109899.320000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BALTIMORE CO-REF</name>
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          <isin value="US059151BX78"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.6250000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CO MD OAK CREST VLLGE INC REF</name>
        <lei>N/A</lei>
        <title>BALTIMORE CNTY MD REVENUE BALGEN 01/40 FIXED 4</title>
        <cusip>059151CK4</cusip>
        <identifiers>
          <isin value="US059151CK49"/>
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        <balance>330000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316411.820000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>BALTIMORE MD CONVENTION CENTER HTL</name>
        <lei>N/A</lei>
        <title>BALTIMORE MD CONVENTION CENTER BALFAC 09/31 FIXED 5</title>
        <cusip>05921PBX6</cusip>
        <identifiers>
          <isin value="US05921PBX69"/>
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        <balance>75000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75458.300000</valUSD>
        <pctVal>0.0397854207</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>5.0000000000</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>BARTOW CO GA DEV PWR CO PLT BOWEN PROJ</name>
        <lei>5493006KLI0V8YELKW50</lei>
        <title>BARTOW CNTY GA DEV AUTH BTWPOL 12/32 ADJUSTABLE VAR</title>
        <cusip>069643BN3</cusip>
        <identifiers>
          <isin value="US069643BN34"/>
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        <balance>15000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15196.050000</valUSD>
        <pctVal>0.0080121238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.9500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLACK BELT ENERGY-C</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 06/35 FIXED 5</title>
        <cusip>09182TJV0</cusip>
        <identifiers>
          <isin value="US09182TJV08"/>
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        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517852.750000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 06/36 FIXED 5</title>
        <cusip>09182TJC2</cusip>
        <identifiers>
          <isin value="US09182TJC27"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020684.200000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>BLACK BELT ENERGY GAS DST SPLY REV</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 06/51 ADJUSTABLE VAR</title>
        <cusip>09182NBR0</cusip>
        <identifiers>
          <isin value="US09182NBR08"/>
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        <balance>1095000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1099831.470000</valUSD>
        <pctVal>0.5798866090</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>Variable</couponKind>
          <annualizedRt>4.0000000000</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>BLACK BELT ENERGY-I</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 10/33 FIXED 5</title>
        <cusip>09182TJD0</cusip>
        <identifiers>
          <isin value="US09182TJD00"/>
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        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523219.450000</valUSD>
        <pctVal>0.2758676769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>BLACK BELT ENERGY-J</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 11/36 FIXED 5</title>
        <cusip>09182TKW6</cusip>
        <identifiers>
          <isin value="US09182TKW61"/>
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        <balance>1090000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1124692.960000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>BLACK BELT-H-2-1</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 12/31 FIXED 5</title>
        <cusip>09182TKK2</cusip>
        <identifiers>
          <isin value="US09182TKK24"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1039704.400000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY-A</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 12/34 FIXED 5</title>
        <cusip>09182THS9</cusip>
        <identifiers>
          <isin value="US09182THS96"/>
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        <balance>500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>516820.400000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 12/35 FIXED 5</title>
        <cusip>09182TGW1</cusip>
        <identifiers>
          <isin value="US09182TGW18"/>
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        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519113.350000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>BLACK BELT-D-REF</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 12/55 ADJUSTABLE VAR</title>
        <cusip>09182TFT9</cusip>
        <identifiers>
          <isin value="US09182TFT97"/>
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        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519713.150000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CO ACADEMIC CHT SCH P</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>BUILD NYC RESOURCE CORP NY REV BUIGEN 06/36 FIXED 4</title>
        <cusip>12008ERP3</cusip>
        <identifiers>
          <isin value="US12008ERP33"/>
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        <balance>400000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373398.480000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE-B 144A</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>BUILD NYC RESOURCE CORP NY REV BUIGEN 06/36 FIXED 5</title>
        <cusip>12008EYD2</cusip>
        <identifiers>
          <isin value="US12008EYD20"/>
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        <balance>300000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307611.360000</valUSD>
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        <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>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BURKE CO GA PWR PLANT VOGTLE 1ST SER 201 PUTBOND</name>
        <lei>N/A</lei>
        <title>BURKE CNTY GA DEV AUTH POLL CO BURPOL 11/53 ADJUSTABLE VAR</title>
        <cusip>121342QL6</cusip>
        <identifiers>
          <isin value="US121342QL65"/>
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        <balance>95000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95150.100000</valUSD>
        <pctVal>0.0501679306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.3750000000</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>BURKE CO GA PWR CO PLANT VOGTLE 2ND SER</name>
        <lei>N/A</lei>
        <title>BURKE CNTY GA DEV AUTH POLL CO BURPOL 12/49 ADJUSTABLE VAR</title>
        <cusip>121342QN2</cusip>
        <identifiers>
          <isin value="US121342QN22"/>
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        <balance>220000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220501.090000</valUSD>
        <pctVal>0.1162592932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.3000000000</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>CA CMTY CHOICE AUTH CLEAN ENGY PJ SR E-1</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55 ADJUSTABLE VAR</title>
        <cusip>13013JEP7</cusip>
        <identifiers>
          <isin value="US13013JEP75"/>
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        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523347.250000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CENTRAL PLAINS ENERGY NE PROJ 5 SER 1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CENTRL VLY CA ENERGY COMMODITY SPLY REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHANDLER AZ INDL CORP PROJ  REMK AMT</name>
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        <identifiers>
          <isin value="US158862CE05"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CHANDLER AZ INDL CORP PROJ  REMK AMT SR</name>
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        <identifiers>
          <isin value="US158862CA82"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CHANDLER AZ INDL CORP PROJ AMT SR 2022-2</name>
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          <isin value="US158862CB65"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CHARLESTON WTR-A-REF</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO O'HARE ARPT-D AMT</name>
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        <cusip>167593F49</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU-A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU-A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU-A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU FIN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU FIN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON HGR EDU-A-REF</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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      <invstOrSec>
        <name>DE ST HLTH FACS AUTH REV BEEBE MED CNTR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DELAWARE HLTH AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENTON TX ISD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV SER A AMT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DENVER CITY &amp; CO ARPT AMT</name>
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          <isin value="US249182LH76"/>
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        <curCd>USD</curCd>
        <valUSD>500127.950000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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      <invstOrSec>
        <name>DENVER CO CITY ARPT REV SUB SYS AMT SR A</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV SER A AMT</name>
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        <cusip>249182LR5</cusip>
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          <isin value="US249182LR58"/>
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        <curCd>USD</curCd>
        <valUSD>46268.680000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.0000000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV SER A AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV SER A AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER CO CONVENTION CTR HOTEL SENIOR</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>DIST OF COLUMBIA REV INGLESIDE RC SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DIST OF COLUMBIA REV INGLESIDE RC SER A</name>
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        <name>DIST OF COLUMBIA REF GEORGETOWN UNI</name>
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        <name>DIST OF COLUMBIA REF GEORGETOWN UNIV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DC WTR &amp; SWR AUTH SUB LIEN SER A</name>
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        <cusip>254845UE8</cusip>
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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>ENERGY NW WA ELEC COLUMBIA GEN SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>S E ENERGY-B-REV</name>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FULTON CO GA ST DEV AUTH HOSP REV SER A</name>
        <lei>549300533NJL38F4K144</lei>
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        <cusip>36005GAV5</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GAINESVILLE &amp; HALL CO HOSP GA SER A</name>
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        <valUSD>50370.620000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GAITHERSBURG MD ECON ASBURY SER A</name>
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        <valUSD>60461.470000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GAITHERSBURG-ECO DEV</name>
        <lei>549300UFHDHDCHDE0F65</lei>
        <title>GAITHERSBURG MD ECON DEV REVEN GAIDEV 01/37 FIXED 5</title>
        <cusip>363128CW7</cusip>
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          <isin value="US363128CW74"/>
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        <curCd>USD</curCd>
        <valUSD>213170.870000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>GEO SMITH II GA CONV CTR AUTH HTL SER A</name>
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          <isin value="US37255MAA36"/>
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        <curCd>USD</curCd>
        <valUSD>125566.500000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.3750000000</annualizedRt>
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      <invstOrSec>
        <name>GEORGETOWN ISD-REF</name>
        <lei>N/A</lei>
        <title>GEORGETOWN TX INDEP SCH DIST GGTSCD 02/38 FIXED 5.5</title>
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          <isin value="US373046G964"/>
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        <curCd>USD</curCd>
        <valUSD>566475.600000</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>5.5000000000</annualizedRt>
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      <invstOrSec>
        <name>GEORGIA ST HSG &amp; FIN</name>
        <lei>549300I628IMF9PWV724</lei>
        <title>GEORGIA ST HSG   FIN AUTH REVE GASHSG 12/40 FIXED 3.05</title>
        <cusip>37353PFE4</cusip>
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          <isin value="US37353PFE43"/>
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        <curCd>USD</curCd>
        <valUSD>128682.620000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.0500000000</annualizedRt>
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      <invstOrSec>
        <name>GREAT LAKES WTR SWR DISP SEN LIEN SER A</name>
        <lei>N/A</lei>
        <title>GREAT LAKES MI WTR AUTH SEWAGE GRTWTR 07/37 FIXED 5</title>
        <cusip>39081HEQ1</cusip>
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          <isin value="US39081HEQ11"/>
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        <curCd>USD</curCd>
        <valUSD>747155.050000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AU SENIOR LIEN SER A</name>
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        <cusip>39081JFU7</cusip>
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          <isin value="US39081JFU79"/>
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        <valUSD>1086155.400000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <name>GREAT LAKES AUTH-B</name>
        <lei>N/A</lei>
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        <cusip>39081JLQ9</cusip>
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          <isin value="US39081JLQ93"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <name>GREAT LAKES AUTH-A</name>
        <lei>N/A</lei>
        <title>GREAT LAKES MI WTR AUTH WTR SP GRTWTR 07/46 FIXED 5</title>
        <cusip>39081JLD8</cusip>
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          <isin value="US39081JLD80"/>
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        <valUSD>474146.010000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <name>GREENEVILLE TN HLTH &amp; ED BALLAD SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GRIFFIN SPALDING CO GA WELLSTAR SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HALIFAX CO IDA VA ELEC &amp; PWR CO SER A PUTBOND</name>
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          <isin value="US40579PAE16"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HALIFAX FL HOSP MED CTR REF</name>
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        <title>HALIFAX FL HOSP MED CTR HALMED 06/36 FIXED 5</title>
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        <fairValLevel>2</fairValLevel>
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        <name>HARRIS CO CULTURAL -B</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>HARRIS CNTY TX CU-BAM</name>
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      <invstOrSec>
        <name>HARRIS CO HOSP DT-REF</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HI ARPTS SYS REV SER A AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HENRICO CNTY-REF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HENRICO CNTY VA WESTMINSTER CANTERBURY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HENRICO CO EDA-C</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HIDALGO CO TX MOB TOLL &amp; VEH REGIS SER A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HILLSBORO CO AVI TAMPA FL INTL SER B AMT</name>
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        <cusip>432308V84</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON-B-REV-REF AMT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOUSTON TX UNITED AIR TERM SER B AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ID ST HLTH FAC ST LUKES HLTH SYS SR A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>IL ST FIN AUTH NW MEM HLTHCARE SR B DLY</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>IN ST FIN AUTH METHODIST HOSP SER A</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA ST FIN AUTH HOSP REVEN INSFIN 09/26 FIXED 5</title>
        <cusip>45471AUH3</cusip>
        <identifiers>
          <isin value="US45471AUH30"/>
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        <balance>250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250299.050000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANA FIN AUTH-A1</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA ST FIN AUTH REVENUE INSFIN 11/38 FIXED 5</title>
        <cusip>45506EQP1</cusip>
        <identifiers>
          <isin value="US45506EQP15"/>
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        <balance>450000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>482604.080000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANA FIN AUTH-A1</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA ST FIN AUTH REVENUE INSFIN 11/42 FIXED 5</title>
        <cusip>45506EQS5</cusip>
        <identifiers>
          <isin value="US45506EQS53"/>
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        <balance>1500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1576986.300000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>IA ST AUTH REV UNI POINT HLTH SR F DLY</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IOWA ST FIN AUTH REVENUE IASGEN 07/41 ADJUSTABLE VAR</title>
        <cusip>46246K5E8</cusip>
        <identifiers>
          <isin value="US46246K5E87"/>
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        <balance>1820000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1820000.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.0500000000</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>KENT STDNT HSG-A</name>
        <lei>N/A</lei>
        <title>KENT CNTY DE STUDENT HSG   DIN KENHSG 07/30 FIXED 5</title>
        <cusip>490237AJ3</cusip>
        <identifiers>
          <isin value="US490237AJ31"/>
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        <balance>600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>604837.740000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>KENT CO DE STDNT HSG REV DOVER UNIV SER</name>
        <lei>N/A</lei>
        <title>KENT CNTY DE STUDENT HSG   DIN KENHSG 07/32 FIXED 5</title>
        <cusip>490237AL8</cusip>
        <identifiers>
          <isin value="US490237AL86"/>
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        <balance>375000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376862.360000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>KY BOND DEV CORP-A</name>
        <lei>N/A</lei>
        <title>KENTUCKY BOND DEV CORP REVENUE KYSGEN 10/42 FIXED 5</title>
        <cusip>49121EAZ3</cusip>
        <identifiers>
          <isin value="US49121EAZ34"/>
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        <balance>225000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237296.630000</valUSD>
        <pctVal>0.1251147488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>KY ST ECON OWENSBORO MED HLTH SER A</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST ECON DEV FIN AUTH KYSDEV 06/31 FIXED 5</title>
        <cusip>49126KJZ5</cusip>
        <identifiers>
          <isin value="US49126KJZ57"/>
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        <balance>30000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30170.500000</valUSD>
        <pctVal>0.0159074089</pctVal>
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        <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>5.0000000000</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>KY ST ECON OWENSBORO MED HLTH SER A</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST ECON DEV FIN AUTH KYSDEV 06/37 FIXED 5</title>
        <cusip>49126KKC4</cusip>
        <identifiers>
          <isin value="US49126KKC44"/>
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        <balance>120000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120024.910000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>KY ST ECON OWENSBORO MED HLTH SER A</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST ECON DEV FIN AUTH KYSDEV 06/41 FIXED 5.25</title>
        <cusip>49126KKE0</cusip>
        <identifiers>
          <isin value="US49126KKE00"/>
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        <balance>400000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400529.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.2500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KY ST ECON OWENSBORO MED HLTH SER A</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST ECON DEV FIN AUTH KYSDEV 06/45 FIXED 5</title>
        <cusip>49126KKF7</cusip>
        <identifiers>
          <isin value="US49126KKF74"/>
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        <balance>215000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212927.790000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>KY ST PUB ENERGY GAS SPLY REV SER A-1</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/55 ADJUSTABLE VAR</title>
        <cusip>74440DEL4</cusip>
        <identifiers>
          <isin value="US74440DEL47"/>
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        <balance>100000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103612.830000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>KY ST PUB ENERGY GAS SPLY REV SER A-1</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 08/52 ADJUSTABLE VAR</title>
        <cusip>74440DDS0</cusip>
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          <isin value="US74440DDS09"/>
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        <balance>510000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512485.280000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>LEE COUNTY-A-2-AMT AMT</name>
        <lei>N/A</lei>
        <title>LEE CNTY FL ARPT REVENUE LEEAPT 10/56 ADJUSTABLE VAR</title>
        <cusip>523470JS2</cusip>
        <identifiers>
          <isin value="US523470JS27"/>
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        <balance>400000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423041.920000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
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      <invstOrSec>
        <name>LEXINGTON INDL DEV-A</name>
        <lei>N/A</lei>
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          <isin value="US52976BCB09"/>
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        <balance>80000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73626.510000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</annualizedRt>
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        <name>LINCOLN CO-REV</name>
        <lei>549300USXDZ5FGJLUV88</lei>
        <title>LINCOLN CNTY SD ECON DEV REVEN LINDEV 08/38 FIXED 5.25</title>
        <cusip>53340EAT4</cusip>
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          <isin value="US53340EAT47"/>
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        <balance>375000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>383555.510000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.2500000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOMPOC VLY MED CTR</name>
        <lei>N/A</lei>
        <title>LOMPOC VLY CA MED CENTER REVEN LPCMED 02/31 FIXED 5</title>
        <cusip>54178QBX2</cusip>
        <identifiers>
          <isin value="US54178QBX25"/>
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        <balance>300000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308771.940000</valUSD>
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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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        <name>MD H&amp;H ED FACS ADVENTIST HLTHCRE SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MD ST HHE DOCTORS CMNTY HOSPITAL SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARYLAND HLTH HGR-REF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARYLAND ST HLTH &amp;HGR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MD HLTH &amp; HGR EDU-A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MD HLTH &amp; HGR ED JOHNS HOPKINS UNI SR B</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MA HSG FIN-198-AMT AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MED UNIV HOSP AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MET NASHVILLE ARPT-B AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MET WASH DC ARPTS SER A AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MET WASHINGTON DC ARPT SYS REV AMT REF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MET WASHINGTON ARPT AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>DC METRO AIRPTS DUL TOL RD 1ST SR LIEN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DC ARPT DULLES TOLL RD SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MIAMI DADE CO FL AVIATION REV REF</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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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NY ST TRANS DEV FAC TERM FOUR AMT SR A</name>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NY ST TRANS DEV FAC TERM FOUR AMT SR A</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NORFOLK REDEV &amp; HSG-A</name>
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        <valUSD>71165.440000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NC ST MED CARE COM HLTH CARE COMM SER C</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <title>PORT OF PORTLAND OR ARPT REVEN PTPAPT 07/42 FIXED 5.25</title>
        <cusip>7352404C4</cusip>
        <identifiers>
          <isin value="US7352404C46"/>
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        <balance>250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265050.400000</valUSD>
        <pctVal>0.1397479358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.2500000000</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>PORT OF SEATTLE WA REV INTER SER A AMT</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>PORT OF SEATTLE WA REVENUE PTSGEN 05/33 FIXED 5</title>
        <cusip>735389D47</cusip>
        <identifiers>
          <isin value="US735389D471"/>
        </identifiers>
        <balance>285000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>288521.150000</valUSD>
        <pctVal>0.1521228987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PORT OF SEATTLE-C AMT</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>PORT OF SEATTLE WA REVENUE PTSGEN 05/42 FIXED 5</title>
        <cusip>735389A24</cusip>
        <identifiers>
          <isin value="US735389A246"/>
        </identifiers>
        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502799.000000</valUSD>
        <pctVal>0.2651009860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PORT SEATTLE WA ST INTER LIEN SER B AMT</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>PORT OF SEATTLE WA REVENUE PTSGEN 07/36 FIXED 5</title>
        <cusip>7353892H0</cusip>
        <identifiers>
          <isin value="US7353892H06"/>
        </identifiers>
        <balance>200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>214497.120000</valUSD>
        <pctVal>0.1130936975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PORT OF SEATTLE WA RE AMT</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>PORT OF SEATTLE WA REVENUE PTSGEN 08/26 FIXED 5</title>
        <cusip>735389T81</cusip>
        <identifiers>
          <isin value="US735389T816"/>
        </identifiers>
        <balance>100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100000.000000</valUSD>
        <pctVal>0.0527250424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PORT OF SEATTLE-B-REF AMT</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>PORT OF SEATTLE WA REVENUE PTSGEN 10/30 FIXED 5</title>
        <cusip>735389XJ2</cusip>
        <identifiers>
          <isin value="US735389XJ20"/>
        </identifiers>
        <balance>95000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95204.050000</valUSD>
        <pctVal>0.0501963757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PRATTVILLE AL INDL DE</name>
        <lei>N/A</lei>
        <title>PRATTVILLE AL INDL DEV BRD ENV PRADEV 11/33 ADJUSTABLE VAR</title>
        <cusip>740032AG2</cusip>
        <identifiers>
          <isin value="US740032AG21"/>
        </identifiers>
        <balance>20000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19865.800000</valUSD>
        <pctVal>0.0104742515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.4500000000</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>PRINCE WILLIAM CO VA WESTMNSTER LK RDGE</name>
        <lei>N/A</lei>
        <title>PRINCE WILLIAM CNTY VA INDL DE PRIDEV 01/31 FIXED 5</title>
        <cusip>741756CA6</cusip>
        <identifiers>
          <isin value="US741756CA68"/>
        </identifiers>
        <balance>200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200377.460000</valUSD>
        <pctVal>0.1056491008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PRINCE WILLIAM CO-REF</name>
        <lei>N/A</lei>
        <title>PRINCE WILLIAM CNTY VA INDL DE PRIDEV 01/37 FIXED OID 4.125</title>
        <cusip>741756CE8</cusip>
        <identifiers>
          <isin value="US741756CE80"/>
        </identifiers>
        <balance>20000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18567.510000</valUSD>
        <pctVal>0.0097897275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.1250000000</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>PRIV CLGS &amp; UNIVS-B</name>
        <lei>N/A</lei>
        <title>PRIV CLGS   UNIVS AUTH GA PRIHGR 10/36 FIXED 4</title>
        <cusip>74265LM47</cusip>
        <identifiers>
          <isin value="US74265LM473"/>
        </identifiers>
        <balance>95000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92908.330000</valUSD>
        <pctVal>0.0489859564</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>4.0000000000</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>PUB FIN AUTH-A 144A</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI CHRT SCH RE PUBEDU 06/35 FIXED 6</title>
        <cusip>744396KP6</cusip>
        <identifiers>
          <isin value="US744396KP61"/>
        </identifiers>
        <balance>100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101813.650000</valUSD>
        <pctVal>0.0536812901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.0000000000</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>PUB FIN AUTH -A 144A</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI EDU REVENUE PUBEDU 07/33 FIXED OID 4</title>
        <cusip>74442ENV8</cusip>
        <identifiers>
          <isin value="US74442ENV82"/>
        </identifiers>
        <balance>100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98200.330000</valUSD>
        <pctVal>0.0517761656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>PUB FIN AUTH-1</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI MUNI CTFS PUBGEN 06/63 ADJUST OID VAR</title>
        <cusip>74449EAA1</cusip>
        <identifiers>
          <isin value="US74449EAA10"/>
        </identifiers>
        <balance>125000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123836.490000</valUSD>
        <pctVal>0.0652928419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.6250000000</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>PFA WI REV SEARSTONE CCRC PROJ SER A 144A</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 06/37 FIXED 5</title>
        <cusip>74442PTP0</cusip>
        <identifiers>
          <isin value="US74442PTP08"/>
        </identifiers>
        <balance>200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201069.020000</valUSD>
        <pctVal>0.1060137261</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>5.0000000000</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>PUB FIN AUTH-REF</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 11/38 FIXED 5</title>
        <cusip>74442PJ97</cusip>
        <identifiers>
          <isin value="US74442PJ970"/>
        </identifiers>
        <balance>175000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>184012.970000</valUSD>
        <pctVal>0.0970209165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PUB FIN AUTH WI REV KAHALA NUI PROJ</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 11/40 FIXED 5</title>
        <cusip>74442PK38</cusip>
        <identifiers>
          <isin value="US74442PK382"/>
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        <balance>40000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41623.370000</valUSD>
        <pctVal>0.0219459395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>PUBLC FIN AUTH WI MARYS WOODS SER A 144A</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI SENIOR LIVI PUBFIN 05/30 FIXED 5</title>
        <cusip>74443UAW3</cusip>
        <identifiers>
          <isin value="US74443UAW36"/>
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        <balance>100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100471.810000</valUSD>
        <pctVal>0.0529738044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PR COMWLTH PUBLIC IMPT SER A1</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>PR COMWLTH PUBLIC IMPT SER A1</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PR COMWLTH PUBLIC IMPT SER A1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PR COMWLTH PUBLIC IMPT CABS SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PR COMWLTH PUB IMPT CVI-SUBSER CW NT</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PR SALES TAX FING SALES TAX REV SER A1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PR SALES TAX FING SALES TAX REV SER A1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PR SALES TAX FING SALES TAX REV SER A1</name>
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        <cusip>74529JQE8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>PR SALES TAX FING SALES TAX REV SER A1</name>
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        <cusip>74529JQF5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PR SALES TAX FING SALES TAX REV SER A1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.5000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX RESTRUCT SER A-2</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX RESTRUCT SER A-2</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX RESTRUCT SER A-2A</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PR SALES TAX FING SALES TAX REV SER A1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>RENO NV SPL ASSMNT DIST NO#1 144A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ROCKINGHAM CO VA FACS REV SENTARA SER A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ROCKINGHAM CNTY EDA SUNNYSIDE PRESB SR A</name>
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        <fairValLevel>2</fairValLevel>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ROCKVILLE MD INGLSDE AT KING SER A2</name>
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        <cusip>774223BM2</cusip>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ROCKVILLE MD INGLSDE AT KING SER A1</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ROCKVILLE MD INGLSDE AT KING SER A2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>S E ALABAMA ST GAS SPLY DIST REV SER B</name>
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        <fairValLevel>2</fairValLevel>
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        <name>S MIAMI HLTH BAPTIST SOUTH FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ST JOHN THE BAPTIST OIL MARATHON SER C</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ST PAUL HSG-A-REF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TX ST GAS ACQ &amp; SPLY CORP V GAS SPLY REV</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TX ST PRIV ACT NTE MANAGE LANE PROJ SR A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TX ST TRANS COMM TRNPKE RV 1ST TIER SR A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>TULSA OK SR LIVING CMNTY MONTEREAU INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNIV OF CA REGENTS-CH</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UNIV KS HOSP AUTH-A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNIV TX SYS BRD-A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UT CITY W PUB DT#1 144A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>VA ST CBA 21ST CENTURY COLL &amp; EQUIP SR A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VA SMALL BFA NATIONAL SNR CAMPUSES</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VA SMALL BUS FIN-A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VA ST SMALL BUS AUTH ELIZABETH RVR AMT</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <name>VA BUS REV SNR LIEN 95 EXPRESS PROJ AMT</name>
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        <fairValLevel>2</fairValLevel>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WISCONSIN ST-A-REF</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH   EDUCTNL FA WISMED 11/35 FIXED 4</title>
        <cusip>97712DQP4</cusip>
        <identifiers>
          <isin value="US97712DQP41"/>
        </identifiers>
        <balance>875000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>876334.030000</valUSD>
        <pctVal>0.4620474889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.0000000000</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>WI HLTH EDUCTNL FACS 144A</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH   EDUCTNL FA WISMED 11/36 FIXED 6.5</title>
        <cusip>97712JSD6</cusip>
        <identifiers>
          <isin value="US97712JSD62"/>
        </identifiers>
        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>508967.900000</valUSD>
        <pctVal>0.2683535411</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>6.5000000000</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>WI ST H&amp;E ASCENSION HLTH CRED GRP SER A</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH   EDUCTNL FA WISMED 11/39 FIXED 5</title>
        <cusip>97712DQV1</cusip>
        <identifiers>
          <isin value="US97712DQV19"/>
        </identifiers>
        <balance>685000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>686005.240000</valUSD>
        <pctVal>0.3616965537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>WI HSG &amp; ECO DEV-D</name>
        <lei>N/A</lei>
        <title>WISCONSIN ST HSG   ECON DEV AU WISGEN 03/35 FIXED 3.6</title>
        <cusip>97689QE44</cusip>
        <identifiers>
          <isin value="US97689QE440"/>
        </identifiers>
        <balance>395000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>381585.370000</valUSD>
        <pctVal>0.2011910482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.6000000000</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>WI ST HSG &amp; ECON DEV HOME REV BND SR A</name>
        <lei>N/A</lei>
        <title>WISCONSIN ST HSG   ECON DEV AU WISGEN 09/26 FIXED 3.25</title>
        <cusip>97689QSU1</cusip>
        <identifiers>
          <isin value="US97689QSU12"/>
        </identifiers>
        <balance>120000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120014.800000</valUSD>
        <pctVal>0.0632778542</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>3.2500000000</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>WISCONSIN ST REF SER 2025-2</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>WISCONSIN ST WIS 05/38 FIXED 5</title>
        <cusip>97705MM85</cusip>
        <identifiers>
          <isin value="US97705MM859"/>
        </identifiers>
        <balance>500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>549513.100000</valUSD>
        <pctVal>0.2897310150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0000000000</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>WISE CO VA IDA ELEC &amp; PWR CO PROJ SER A PUTBOND</name>
        <lei>N/A</lei>
        <title>WISE CNTY VA INDL DEV AUTH SOL WISUTL 11/40 ADJUSTABLE VAR</title>
        <cusip>977228AF2</cusip>
        <identifiers>
          <isin value="US977228AF24"/>
        </identifiers>
        <balance>70000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70451.670000</valUSD>
        <pctVal>0.0371456729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.8000000000</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>YORK CO ECO DEV AUTH PCR SER A</name>
        <lei>N/A</lei>
        <title>YORK CNTY VA ECON DEV AUTH POL YORPCR 05/33 ADJUSTABLE VAR</title>
        <cusip>98659AAC9</cusip>
        <identifiers>
          <isin value="US98659AAC99"/>
        </identifiers>
        <balance>100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100724.870000</valUSD>
        <pctVal>0.0531072304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.6500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-02</ncom:dateSigned>
      <ncom:nameOfApplicant>T. Rowe Price Exchange-Traded Funds, Inc.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
