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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Anna TX</name>
        <lei>N/A</lei>
        <title>City of Anna, Series 2026</title>
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          <isin value="US035713BQ86"/>
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        <curCd>USD</curCd>
        <valUSD>1208707.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Anna TX</name>
        <lei>N/A</lei>
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          <isin value="US035713BT26"/>
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        <balance>2030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1971615.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Antillia Community Development District</name>
        <lei>N/A</lei>
        <title>Antillia Community Development District, Series 2024</title>
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        <identifiers>
          <isin value="US03706FAB31"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>494099.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</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>Antillia Community Development District</name>
        <lei>N/A</lei>
        <title>Antillia Community Development District, Series 2024</title>
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          <isin value="US03706FAC14"/>
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        <balance>1015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021445.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026C</title>
        <cusip>03843TBB6</cusip>
        <identifiers>
          <isin value="US03843TBB61"/>
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        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308821.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026C</title>
        <cusip>03843TBC4</cusip>
        <identifiers>
          <isin value="US03843TBC45"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297261.45000000</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>2048-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026C</title>
        <cusip>03843TBD2</cusip>
        <identifiers>
          <isin value="US03843TBD28"/>
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        <balance>3075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>951008.63000000</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>2049-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026C</title>
        <cusip>03843TBE0</cusip>
        <identifiers>
          <isin value="US03843TBE01"/>
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        <balance>3035000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>887666.48000000</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>2050-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026C</title>
        <cusip>03843TBF7</cusip>
        <identifiers>
          <isin value="US03843TBF75"/>
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        <balance>2870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>792820.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026C</title>
        <cusip>03843TBG5</cusip>
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          <isin value="US03843TBG58"/>
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        <balance>2725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>711541.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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        <cusip>03843TBH3</cusip>
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          <isin value="US03843TBH32"/>
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        <curCd>USD</curCd>
        <valUSD>534866.00000000</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>None</couponKind>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TBJ97"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TBK60"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TCD19"/>
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        <curCd>USD</curCd>
        <valUSD>1509807.35000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TCE91"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-01</maturityDt>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TCF66"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TCG40"/>
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        <valUSD>1049348.78000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TCH23"/>
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        <balance>5750000.00000000</balance>
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        <curCd>USD</curCd>
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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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      <invstOrSec>
        <name>Bellehaven Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Village of Bellwood IL</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bellwood Municipal Housing Corp.</name>
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          <isin value="US08003AAA51"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Berks County Industrial Development Authority</name>
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          <isin value="US08451PAW14"/>
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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>Berks County Municipal Authority (The)</name>
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          <isin value="US084538JH15"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Berks County Municipal Authority (The)</name>
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          <isin value="US084538JK44"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-30</maturityDt>
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        <name>Berry Bay Community Development District</name>
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          <isin value="US08577CAD11"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Berry Bay II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Bethel MN Housing and Health Care Facilities Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Bethel MN Housing and Health Care Facilities Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bexar County Health Facilities Development Corp.</name>
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          <isin value="US088354FK65"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Blackwell Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
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        <name>Blackwell Community Development District</name>
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        <name>Blanchard Valley Port Authority</name>
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        <name>Brightline East LLC</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>Buffalo &amp; Erie County Industrial Land Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Center Lake Ranch West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
        <title>DuBois Hospital Authority, Series 2018</title>
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          <isin value="US263804BQ84"/>
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        <curCd>USD</curCd>
        <valUSD>1698811.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US263804CH76"/>
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        <curCd>USD</curCd>
        <valUSD>275034.03000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US263804CJ33"/>
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        <curCd>USD</curCd>
        <valUSD>5554854.18000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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        <cusip>263804CZ7</cusip>
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          <isin value="US263804CZ74"/>
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        <curCd>USD</curCd>
        <valUSD>145836.21000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US263804DC70"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>189424.22000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DuBois Hospital Authority</name>
        <lei>N/A</lei>
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        <cusip>263804DD5</cusip>
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          <isin value="US263804DD53"/>
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        <curCd>USD</curCd>
        <valUSD>1629789.33000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of East Chicago IN</name>
        <lei>N/A</lei>
        <title>City of East Chicago, Series 2025</title>
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          <isin value="US271592AH02"/>
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        <balance>7220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7466778.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>East Nassau Stewardship District</name>
        <lei>N/A</lei>
        <title>East Nassau Stewardship District, Series 2021</title>
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          <isin value="US273794AH04"/>
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        <curCd>USD</curCd>
        <valUSD>1230709.39000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>East Nassau Stewardship District</name>
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          <isin value="US273794AK33"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>East Nassau Stewardship District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1550487.14000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>East Palm Drive Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US27425AAB35"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</annualizedRt>
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        <name>East Palm Drive Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US27425AAG22"/>
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        <valUSD>808008.22000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-06-15</maturityDt>
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          <annualizedRt>5.70000000</annualizedRt>
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        <name>East Ridge Community Development District</name>
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          <isin value="US274692AC67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
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        <name>East Ridge Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-05-01</maturityDt>
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      <invstOrSec>
        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2021</title>
        <cusip>280286AD7</cusip>
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          <isin value="US280286AD73"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2022</title>
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          <isin value="US280286AH87"/>
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        <valUSD>8067308.31000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2025</title>
        <cusip>280286AK1</cusip>
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          <isin value="US280286AK17"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>954185.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.10000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Edgewater West Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US28035BAB18"/>
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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>Edgewater West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Edinburg Economic Development Corp.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Elmendorf TX</name>
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          <isin value="US28938TAF12"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>City of Elmendorf TX</name>
        <lei>N/A</lei>
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          <isin value="US28938TAG94"/>
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        <valUSD>3019027.73000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Enclave at Lake Geneva Community Development District</name>
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          <isin value="US29254HAD61"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-05-01</maturityDt>
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        <name>Entrada Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US29384HAJ68"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Epperson North Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Epperson North Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.30000000</annualizedRt>
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        <name>Epperson North Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.60000000</annualizedRt>
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        <name>Estrella Mountain Ranch Community Facilities District</name>
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          <isin value="US29758RCS04"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Estrella Mountain Ranch Community Facilities District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Everlands Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-15</maturityDt>
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        <name>Everlands Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Everlands II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Fairfield OH</name>
        <lei>N/A</lei>
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        <cusip>304286BC0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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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>Golden State Tobacco Securitization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>Governors Park South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Grand Rapids Economic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</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>Greater Texas Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Texas Cultural Education Facilities Finance Corp.</name>
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        <name>Greater Texas Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greenbriar Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Groves at Lake Marion Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Inland Empire Tobacco Securitization Corp.</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>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Live Oak Lake Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <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>Moonlight Village Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Counties Tobacco Trust IV</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>
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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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          <isin value="US656178EH93"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Normandy Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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          <isin value="US65725AAP93"/>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US65725AAR59"/>
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        <valUSD>770994.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>North AR-1 Pasco Community Development District</name>
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          <isin value="US65725AAS33"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Capital Facilities Finance Agency</name>
        <lei>549300PWNPSB7G58A235</lei>
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          <isin value="US65818PMH90"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
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          <isin value="US65820BFS07"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
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          <isin value="US65820BFT89"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-07-01</maturityDt>
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          <annualizedRt>4.85000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission, Series 2026 A</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Dakota Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Municipal Water District</name>
        <lei>N/A</lei>
        <title>North Texas Municipal Water District, Series 2019</title>
        <cusip>662902FK6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>2.75000000</annualizedRt>
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        <name>North Texas Municipal Water District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Municipal Water District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Texas Municipal Water District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Northeastern Pennsylvania Hospital and Education Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Northlake Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-05-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>Northridge Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Northwestern Regional Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Norwood OH</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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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Oklahoma County Finance Authority</name>
        <lei>549300KPR05JUN0F1289</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-06-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Oklahoma Development Finance Authority</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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          <isin value="US67884XCG07"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US67884XCN57"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-08-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Old Town Floridian Community Development District</name>
        <lei>N/A</lei>
        <title>Old Town Floridian Community Development District, Series 2026</title>
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          <isin value="US680325AC11"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Old Town Floridian Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-05-01</maturityDt>
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      <invstOrSec>
        <name>Olney Hamilton Hospital District</name>
        <lei>N/A</lei>
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          <isin value="US681280AA14"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-15</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Olney Hamilton Hospital District</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-09-15</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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        <name>Olympia Public Infrastructure District No. 1</name>
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          <isin value="US681483AA19"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-03-01</maturityDt>
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        <name>Olympia Public Infrastructure District No. 1</name>
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          <isin value="US681484AA91"/>
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        <valUSD>2015773.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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        <name>Oneida Indian Nation of New York</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Onondaga Civic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Onondaga Civic Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Orange Branch Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Oregon State Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oregon State Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oregon State Facilities Authority</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>
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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>Parrish Lakes Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Pilot Point TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Pine View Public Infrastructure District No. 1</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>Pinon Pines Metropolitan District No. 3</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Poitras East Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Port Isabel TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <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>Ridges Estates Infrastructure Financing District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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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>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US768269AS14"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority, Series 2019 A</title>
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          <isin value="US76827QDY61"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62976.01000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>River Landing Community Development District</name>
        <lei>N/A</lei>
        <title>River Landing Community Development District, Series 2025</title>
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        <identifiers>
          <isin value="US76828JAM09"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>853584.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
        <title>Rivers Edge III Community Development District, Series 2024</title>
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          <isin value="US76882NAF96"/>
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        <balance>1665000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
        <title>Rivers Edge III Community Development District, Series 2024</title>
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          <isin value="US76882NAG79"/>
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        <balance>2215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2214148.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
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      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
        <title>Rivers Edge III Community Development District, Series 2025</title>
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          <isin value="US76882NAK81"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
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      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Riverwalk Community Development District</name>
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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>Rockland County Economic Assistance Corp.</name>
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          <isin value="US77356HAE09"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rocky Mountain Rail Park Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rolla Industrial Development Authority</name>
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          <isin value="US775557AC59"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Village of Romeoville IL</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Village of Romeoville IL</name>
        <lei>N/A</lei>
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        <cusip>77615NBA1</cusip>
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          <isin value="US77615NBA19"/>
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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>St Louis County Industrial Development Authority</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>South Carolina Jobs-Economic Development Authority</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>Southeastern Ohio Port Authority</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>Southern Groves Community Development District No. 5</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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        <name>Spring Valley Community Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spring Valley Community Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Spring Valley Community Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spring Valley Community Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Spring Valley Community Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Spring Valley Community Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Spring Valley Community Infrastructure District No. 1, Series 2024</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Spring Valley Community Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Spring Valley Community Infrastructure District No. 1, Series 2025</title>
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          <isin value="US850072AC31"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>St Mary Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US85230MBH60"/>
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        <assetCat>STIV</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>St Vrain Lakes Metropolitan District No. 2</name>
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          <isin value="US85236GBA85"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Industrial Development Authority of the City of St Louis Missouri (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>St Vrain Lakes Metropolitan District No. 4</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stamford Housing Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Stamford Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stamford Housing Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Stamford Housing Authority</name>
        <lei>N/A</lei>
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          <isin value="US852640AL54"/>
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        <balance>3100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>STC Metropolitan District No. 2</name>
        <lei>N/A</lei>
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          <isin value="US85780TBD46"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STC Metropolitan District No. 2</name>
        <lei>N/A</lei>
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          <isin value="US85780TBE29"/>
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        <valUSD>1860240.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sterling Ranch Community Authority Board</name>
        <lei>N/A</lei>
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          <isin value="US85950NCD03"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stonegate Preserve Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US86182EAF51"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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        <name>Stonegate Preserve Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US86182EAG35"/>
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        <curCd>USD</curCd>
        <valUSD>1261199.63000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Suffolk Regional Off-Track Betting Corp.</name>
        <lei>N/A</lei>
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        <cusip>86480TAC8</cusip>
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          <isin value="US86480TAC80"/>
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        <curCd>USD</curCd>
        <valUSD>11183466.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sugarloaf Community Development District</name>
        <lei>N/A</lei>
        <title>Sugarloaf Community Development District, Series 2026</title>
        <cusip>865037AB1</cusip>
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          <isin value="US865037AB18"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>589169.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Sugarloaf Community Development District</name>
        <lei>N/A</lei>
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        <cusip>865037AC9</cusip>
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          <isin value="US865037AC90"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>777046.08000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-15</maturityDt>
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      <invstOrSec>
        <name>Summit County Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Summit County Development Finance Authority, Series 2023</title>
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          <isin value="US86607JAB08"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <lei>N/A</lei>
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        <balance>1400000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Summit View Community Development District</name>
        <lei>N/A</lei>
        <title>Summit View Community Development District, Series 2024</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Summit View Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunrise Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunrise Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunstone Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Superstition Vistas Community Facilities District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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      <invstOrSec>
        <name>Superstition Vistas Community Facilities District No. 1</name>
        <lei>N/A</lei>
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        <balance>75000.00000000</balance>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
        <lei>25490004PSQYQLFJGI76</lei>
        <title>Tennessee Housing Development Agency</title>
        <cusip>88046KQS8</cusip>
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          <isin value="US88046KQS86"/>
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        <curCd>USD</curCd>
        <valUSD>3782600.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Housing Development Agency</name>
        <lei>25490004PSQYQLFJGI76</lei>
        <title>Tennessee Housing Development Agency</title>
        <cusip>88046KQT6</cusip>
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          <isin value="US88046KQT69"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2267469.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tern Bay Community Development District</name>
        <lei>N/A</lei>
        <title>Tern Bay Community Development District, Series 2022</title>
        <cusip>88088EAD1</cusip>
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          <isin value="US88088EAD13"/>
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        <balance>9260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7459412.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terra Lago Community Development District</name>
        <lei>N/A</lei>
        <title>Terra Lago Community Development District, Series 2025</title>
        <cusip>88104DAB7</cusip>
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          <isin value="US88104DAB73"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1053471.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terra Lago Community Development District</name>
        <lei>N/A</lei>
        <title>Terra Lago Community Development District, Series 2025</title>
        <cusip>88104DAC5</cusip>
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          <isin value="US88104DAC56"/>
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        <balance>1525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1515969.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terrebonne Parish Hospital Service District No. 1</name>
        <lei>N/A</lei>
        <title>Terrebonne Parish Hospital Service District No. 1, Series 2026</title>
        <cusip>881221FX8</cusip>
        <identifiers>
          <isin value="US881221FX85"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5205965.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Terrebonne Parish Hospital Service District No. 1</name>
        <lei>N/A</lei>
        <title>Terrebonne Parish Hospital Service District No. 1, Series 2026</title>
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          <isin value="US881221FY68"/>
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        <balance>7975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8257215.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Terrell TX</name>
        <lei>N/A</lei>
        <title>City of Terrell, Series 2025</title>
        <cusip>881435AB7</cusip>
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          <isin value="US881435AB70"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Terrell TX</name>
        <lei>N/A</lei>
        <title>City of Terrell, Series 2025</title>
        <cusip>881435AC5</cusip>
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          <isin value="US881435AC53"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terreno Community Development District</name>
        <lei>N/A</lei>
        <title>Terreno Community Development District, Series 2025</title>
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          <isin value="US88145KAE64"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>886142.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.40000000</annualizedRt>
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      <invstOrSec>
        <name>Terreno Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
        <lei>N/A</lei>
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          <isin value="US882667AN81"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US88285AKD99"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Tierra Del Oro Public Improvement District</name>
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          <isin value="US886517AB70"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Timber Creek Southwest Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US88707RAG65"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-15</maturityDt>
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          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Tipton Academy</name>
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          <isin value="US888014AA59"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2007 A</title>
        <cusip>888809AH3</cusip>
        <identifiers>
          <isin value="US888809AH36"/>
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        <balance>194340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26035554.89000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Toledo-Lucas County Port Authority</name>
        <lei>549300H1LURZO4MT2Q75</lei>
        <title>Toledo-Lucas County Port Authority, Series 2021</title>
        <cusip>889259AJ6</cusip>
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          <isin value="US889259AJ60"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>910607.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>V-Dana Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US91822RAN52"/>
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        <curCd>USD</curCd>
        <valUSD>960172.85000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>V-Dana Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US91822RAP01"/>
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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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      </invstOrSec>
      <invstOrSec>
        <name>Vail Home Partners Corp.</name>
        <lei>N/A</lei>
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          <isin value="US91879VAB45"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>City of Valparaiso IN</name>
        <lei>N/A</lei>
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          <isin value="US92031PAA21"/>
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        <curCd>USD</curCd>
        <valUSD>2362070.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Valparaiso IN</name>
        <lei>N/A</lei>
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          <isin value="US92031PAB04"/>
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        <curCd>USD</curCd>
        <valUSD>7975439.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Venus TX</name>
        <lei>N/A</lei>
        <title>City of Venus, Series 2021</title>
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          <isin value="US92334AAD37"/>
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        <balance>162000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130408.82000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Verano No. 2 Community Development District</name>
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        <title>Verano No. 2 Community Development District, Series 2024</title>
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          <isin value="US92337JBC27"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Verano No. 2 Community Development District</name>
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          <isin value="US92337JBE82"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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        <name>Verano No. 2 Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Verano No. 4 Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verano No. 4 Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Veranda Community Development District II</name>
        <lei>N/A</lei>
        <title>Veranda Community Development District II, Series 2021</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Veranda Community Development District II</name>
        <lei>N/A</lei>
        <title>Veranda Community Development District II, Series 2024</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 15</name>
        <lei>N/A</lei>
        <title>Village Community Development District No. 15, Series 2024</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>Villages of Westport Community Development District</name>
        <lei>N/A</lei>
        <title>Villages of Westport Community Development District, Series 2005 A</title>
        <cusip>927139AA3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>Villamar Community Development District</name>
        <lei>N/A</lei>
        <title>Villamar Community Development District, Series 2024</title>
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          <isin value="US92715KAW80"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atlanta Development Authority (The)</name>
        <lei>N/A</lei>
        <title>Atlanta Development Authority (The), Series 2024-1, Class A</title>
        <cusip>04780NMY0</cusip>
        <identifiers>
          <isin value="US04780NMY03"/>
        </identifiers>
        <balance>132920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121766058.08000000</valUSD>
        <pctVal>1.653234840626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>First Eagle Funds</ncom:nameOfApplicant>
      <ncom:signature>Shuang Wu</ncom:signature>
      <ncom:signerName>Shuang Wu</ncom:signerName>
      <ncom:title> Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
