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        <name>MATAGORDA COUNTY NAVIGATION DISTRICT N.1 (TX)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2065-10-15</maturityDt>
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        <name>MOBILE INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.3</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION (WA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ST. JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
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          <annualizedRt>4</annualizedRt>
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        <name>MONROEVILLE FINANCE AUTHORITY (PA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO ILL</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>MIAMI-DADE (FL), COUNTY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>HAYS CONSOLIDATED INDEPENDENT SCHOOL DISTRICT (TX)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>GUAM GOVT WTRWKS AUTH</name>
        <lei>N/A</lei>
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          <isin value="US40065FFA75"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALABAMA STATE PORT AUTHORITY (AL)</name>
        <lei>N/A</lei>
        <title>STATE OF ALABAMA DOCKS DEPARTMENT</title>
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          <isin value="US010604BY16"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>COLLIER CNTY FLA INDL DEV AUTH</name>
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          <isin value="US194641BD75"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>JEA FLA WATER &amp; SEWER SYSTEM REV</name>
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          <isin value="US46615SHD36"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-10-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO CITY BOARD OF EDUCATION (IL)</name>
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        <title>Chicago Board of Education Dedicated Capital Improvement Tax</title>
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        <identifiers>
          <isin value="US167510BA31"/>
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        <balance>300000</balance>
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        <curCd>USD</curCd>
        <valUSD>320167.74</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATLANTIC BEACH (FL), CITY OF</name>
        <lei>N/A</lei>
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          <isin value="US048251AX06"/>
          <ticker value="ATLMED"/>
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        <balance>315000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMN</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
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        <identifiers>
          <isin value="US939783Z746"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1003065.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
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          <annualizedRt>4.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FINANCING AUTHORITY (VA)</name>
        <lei>N/A</lei>
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        <cusip>928106AQ6</cusip>
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          <isin value="US928106AQ62"/>
          <ticker value="VASDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00L076HJ3"/>
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        <balance>130000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC (GA)</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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          <isin value="US56035DEE85"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>775362.23</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452153FD65"/>
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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>2037-05-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>ATLANTA DEVELOPMENT AUTHORITY (THE) (GA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAVANNAH-GEORGIA CONVENTION CTR AUTH</name>
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        <title>Savannah Georgia Convention Center Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PIMA CNTY ARIZ INDL DEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER (CO), CITY AND COUNTY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENTON INDEPENDENT SCHOOL DISTRICT (TX)</name>
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        <title>Denton Independent School District</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORANGE COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJ)</name>
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        <title>New Jersey Economic Development Authority</title>
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        <balance>450000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <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>PUBLIC PWR GENERATION AGY NEB</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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        <title>New Jersey Transportation Trust Fund Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT (CT), STATE OF</name>
        <lei>N/A</lei>
        <title>State of Connecticut</title>
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          <isin value="US20772KPV51"/>
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        <curCd>USD</curCd>
        <valUSD>1253352</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>2038-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC (GA)</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DFT4</cusip>
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          <isin value="US56035DFT46"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>778991.7</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax Revenue</title>
        <cusip>2077582P7</cusip>
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          <isin value="US2077582P76"/>
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        <balance>265000</balance>
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        <curCd>USD</curCd>
        <valUSD>285946.87</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>2030-07-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK STATE URBAN DEVELOPMENT CORP (NY)</name>
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        <title>Empire State Development Corp</title>
        <cusip>650036DJ2</cusip>
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          <isin value="US650036DJ22"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1376939.25</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOWER ALABAMA GAS DISTRICT (THE) (AL)</name>
        <lei>549300YTI1NTDG2OVU42</lei>
        <title>Lower Alabama Gas District/The</title>
        <cusip>547804AD6</cusip>
        <identifiers>
          <isin value="US547804AD60"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>2598339.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY UTAH</name>
        <lei>N/A</lei>
        <title>University of Utah/The</title>
        <cusip>9151834J3</cusip>
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          <isin value="US9151834J35"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2134441.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORLANDO FLA CMNTY REDEV AGY</name>
        <lei>N/A</lei>
        <title>FL ORLDEV 5 09/01/2041</title>
        <cusip>686430GT0</cusip>
        <identifiers>
          <isin value="US686430GT07"/>
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        <balance>1200000</balance>
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        <curCd>USD</curCd>
        <valUSD>1237841.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AL)</name>
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        <title>Baldwin County Industrial Development Authority</title>
        <cusip>05786PAA1</cusip>
        <identifiers>
          <isin value="US05786PAA12"/>
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        <curCd>USD</curCd>
        <valUSD>681786.06</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP III (TX)</name>
        <lei>0UDITKOYW0YKG3BBP242</lei>
        <title>Texas Municipal Gas Acquisition &amp; Supply Corp III</title>
        <cusip>88256HBH0</cusip>
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          <isin value="US88256HBH03"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1048995.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMONWEALTH TRANSPORTATION BOARD (VA)</name>
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        <title>Virginia Commonwealth Transportation Board</title>
        <cusip>927793E62</cusip>
        <identifiers>
          <isin value="US927793E629"/>
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        <balance>1675000</balance>
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        <curCd>USD</curCd>
        <valUSD>1678004.62</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION (WA)</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783C87</cusip>
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          <isin value="US939783C877"/>
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        <balance>785000</balance>
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        <curCd>USD</curCd>
        <valUSD>795525.44</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>2032-01-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
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        <title>Arizona Industrial Development Authority</title>
        <cusip>04052FAW5</cusip>
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          <isin value="US04052FAW59"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1008111.5</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152Q61</cusip>
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          <isin value="US452152Q617"/>
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        <balance>550000</balance>
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        <curCd>USD</curCd>
        <valUSD>552000.13</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>INDIANA FINANCE AUTHORITY (IN)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506EDH3</cusip>
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          <isin value="US45506EDH36"/>
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        <balance>395000</balance>
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        <curCd>USD</curCd>
        <valUSD>394253.73</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BLACK BELT ENERGY GAS DISTRICT (THE) (AL)</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>AL BBEUTL 5.25 06/01/2036</title>
        <cusip>09182TJX6</cusip>
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          <isin value="US09182TJX63"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1058322.9</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25</annualizedRt>
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        <name>STAMFORD CONN HSG AUTH</name>
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        <title>Stamford Housing Authority</title>
        <cusip>852640AE1</cusip>
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          <isin value="US852640AE12"/>
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        <valUSD>1027635.1</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
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        <name>PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY)</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
        <cusip>74440DDT8</cusip>
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          <isin value="US74440DDT81"/>
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        <balance>350000</balance>
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        <curCd>USD</curCd>
        <valUSD>352316.27</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.6388</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>GREAT LAKES WTR AUTH MICH</name>
        <lei>N/A</lei>
        <title>MI GRTWTR 5.25 07/01/2051</title>
        <cusip>39081JMP0</cusip>
        <identifiers>
          <isin value="US39081JMP02"/>
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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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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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        <curCd>USD</curCd>
        <valUSD>1325608.13</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>MONTANA FAC FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BLACK BELT ENERGY GAS DISTRICT (THE) (AL)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</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>AUSTIN TEX</name>
        <lei>IW10PQVTU7HKS3JMW253</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ENERGY SOUTHEAST A COOPERATIVE DISTRICT (AL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BROWARD (FL), COUNTY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DELAWARE ECONOMIC DEVELOPMENT AUTHORITY (DE)</name>
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        <title>Delaware State Economic Development Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO CITY BOARD OF EDUCATION (IL)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MAIN STREET NATURAL GAS INC (GA)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LIBERTY HILL TEX INDPT SCH DIST</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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        <curCd>USD</curCd>
        <valUSD>1048772.9</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ANNE ARUNDEL (MD), COUNTY OF</name>
        <lei>549300L8Q6EFVTZGWW41</lei>
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        <cusip>03588HVR4</cusip>
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          <isin value="US03588HVR47"/>
          <ticker value="AAR"/>
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        <curCd>USD</curCd>
        <valUSD>509328</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRUSTEES OF PURDUE UNIVERSITY (THE) (IN)</name>
        <lei>N/A</lei>
        <title>Purdue University</title>
        <cusip>746189G52</cusip>
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          <isin value="US746189G525"/>
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        <curCd>USD</curCd>
        <valUSD>553695.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116GQ3</cusip>
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          <isin value="US650116GQ31"/>
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        <balance>250000</balance>
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        <curCd>USD</curCd>
        <valUSD>261566.88</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA DEVELOPMENT FINANCE CORP (FL)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
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          <isin value="US34061XAG79"/>
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        <balance>335000</balance>
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        <curCd>USD</curCd>
        <valUSD>334452.17</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.375</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461366E6</cusip>
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          <isin value="US6461366E65"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>524855.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153HM4</cusip>
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          <isin value="US452153HM47"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1025551</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EAGLE MTN &amp; SAGINAW TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>Eagle Mountain &amp; Saginaw Independent School District</title>
        <cusip>269696SZ4</cusip>
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          <isin value="US269696SZ41"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>800196.08</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO HEALTH FACILITIES AUTHORITY (CO)</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FYD04"/>
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        <balance>700000</balance>
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        <curCd>USD</curCd>
        <valUSD>739127.55</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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        <title>Lakewood Ranch Stewardship District</title>
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          <isin value="US51265KFH68"/>
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        <balance>235000</balance>
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        <curCd>USD</curCd>
        <valUSD>249606.07</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>2043-05-01</maturityDt>
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          <annualizedRt>6.125</annualizedRt>
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        <name>METROPOLITAN TRANSPORTATION AUTHORITY (NY)</name>
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          <isin value="US59261A6D40"/>
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        <balance>400000</balance>
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        <curCd>USD</curCd>
        <valUSD>414948.76</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>MIAMI-DADE CNTY FLA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>510864.65</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY (NY)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-15</maturityDt>
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          <annualizedRt>4</annualizedRt>
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        <name>MASSACHUSETTS SCHOOL BUILDING AUTHORITY (MA)</name>
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          <isin value="US576000G495"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>LOWER COLO RIV AUTH TEX</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-15</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>JEFFERSON (AL), COUNTY OF</name>
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        <title>County of Jefferson AL Sewer Revenue</title>
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        <fairValLevel>2</fairValLevel>
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        <name>MICHIGAN STATE HOSPITAL FINANCE AUTHORITY (MI)</name>
        <lei>54930011MIBQ2P7ZNM19</lei>
        <title>MICHIGAN STATE HOSPITAL FINANCE AUTHORITY</title>
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          <isin value="US59465HUR55"/>
          <ticker value="MISMED"/>
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        <balance>500000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>DORMITORY AUTHORITY OF THE STATE OF NEW YORK (NY)</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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        <balance>2175000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <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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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS STATE TOLL HIGHWAY AUTHORITY (THE) (IL)</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
        <cusip>452252KQ1</cusip>
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          <isin value="US452252KQ14"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1501900.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEBRASKA PUBLIC POWER DISTRICT (NE)</name>
        <lei>5493001J0BLQRMOJKP23</lei>
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        <cusip>63968CAZ4</cusip>
        <identifiers>
          <isin value="US63968CAZ41"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1015647.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK (IN)</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528U6V8</cusip>
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          <isin value="US45528U6V86"/>
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        <balance>1630000</balance>
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        <curCd>USD</curCd>
        <valUSD>1710743.84</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116GN0</cusip>
        <identifiers>
          <isin value="US650116GN00"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>822924.53</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JP MORGAN CHASE PUTTERS</name>
        <lei>N/A</lei>
        <title>JPMorgan Chase Putters/Drivers Trust</title>
        <cusip>46640KYX6</cusip>
        <identifiers>
          <isin value="US46640KYX61"/>
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        <balance>400000</balance>
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        <curCd>USD</curCd>
        <valUSD>400000</valUSD>
        <pctVal>0.2058392676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.4199989</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>TEXAS ST</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas</title>
        <cusip>882724YS0</cusip>
        <identifiers>
          <isin value="US882724YS06"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1064629.3</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PORT SEATTLE WASH</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
        <cusip>7353893V8</cusip>
        <identifiers>
          <isin value="US7353893V80"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1057764</valUSD>
        <pctVal>0.5443234175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153EJ4</cusip>
        <identifiers>
          <isin value="US452153EJ45"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1041685.7</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT (CT), STATE OF</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax Revenue</title>
        <cusip>207758YH0</cusip>
        <identifiers>
          <isin value="US207758YH08"/>
          <ticker value="CTSGEN"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>779604.15</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>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>GEORGIA PORTS AUTHORITY</name>
        <lei>N/A</lei>
        <title>Georgia Ports Authority</title>
        <cusip>373586HK5</cusip>
        <identifiers>
          <isin value="US373586HK51"/>
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        <balance>1500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1619399.7</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY COUNTY HOSPITAL DEVELOPMENT AUTHORITY (PA)</name>
        <lei>54930046B973R604OG22</lei>
        <title>Allegheny County Hospital Development Authority</title>
        <cusip>01728A3Y0</cusip>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1437971.7</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FAIRFAX (VA), COUNTY OF</name>
        <lei>N/A</lei>
        <title>County of Fairfax VA</title>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2014106.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <name>OHIO STATE UNIVERSITY (THE) (OH)</name>
        <lei>JFC10ZULKO4X2E3HBY86</lei>
        <title>Ohio State University/The</title>
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          <isin value="US677632ZK08"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1068477.2</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>DISTRICT OF COLUMBIA WATER AND SEWER AUTHORITY (DC)</name>
        <lei>549300OT2FIJQJ5PSH71</lei>
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        <cusip>254845TM2</cusip>
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        <curCd>USD</curCd>
        <valUSD>769668.15</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>DALLAS-FORT WORTH TEX INTL ARPT</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport</title>
        <cusip>23503CBF3</cusip>
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        <curCd>USD</curCd>
        <valUSD>1067999.4</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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        <identifiers>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1955226.4</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.329</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BTG9</cusip>
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          <isin value="US04052BTG94"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1038601.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MISSOURI STATE HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (MO)</name>
        <lei>549300IWTBCMX5JB3277</lei>
        <title>Health &amp; Educational Facilities Authority of the State of Missouri</title>
        <cusip>60637ATD4</cusip>
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          <isin value="US60637ATD45"/>
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        <balance>1020000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TENNESSEE ENERGY ACQUISITION CORP (TN)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>1.25</annualizedRt>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>WASHINGTON HEALTH CARE FACILITIES AUTHORITY (WA)</name>
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        <title>Washington Health Care Facilities Authority</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>KILLEEN INDEPENDENT SCHOOL DISTRICT (TX)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN AIRLINES INC</name>
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        <title>New York Transportation Development Corp</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>UTILITY DEBT SECURITIZATION AUTHORITY (NY)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLIFTON TEX HIGHER ED FIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL FIN AUTH N H</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK (NY), CITY OF</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>BLACK BELT ENERGY GAS DISTRICT (THE) (AL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OKLAHOMA CITY PUBLIC PROPERTY AUTHORITY (OK)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ENERGY SOUTHEAST A COOPERATIVE DISTRICT (AL)</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
        <title>AL ESDPWR 5.25 11/01/2037</title>
        <cusip>292723DZ3</cusip>
        <identifiers>
          <isin value="US292723DZ39"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1052961.6</valUSD>
        <pctVal>0.5418521113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KING (WA), COUNTY OF</name>
        <lei>N/A</lei>
        <title>County of King WA</title>
        <cusip>49474FVK3</cusip>
        <identifiers>
          <isin value="US49474FVK38"/>
        </identifiers>
        <balance>1155000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1206066.94</valUSD>
        <pctVal>0.6206398389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>64613CEB0</cusip>
        <identifiers>
          <isin value="US64613CEB00"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1058409.8</valUSD>
        <pctVal>0.5446557450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS STATE TOLL HIGHWAY AUTHORITY (THE) (IL)</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
        <cusip>452252NG0</cusip>
        <identifiers>
          <isin value="US452252NG05"/>
        </identifiers>
        <balance>750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>784254.6</valUSD>
        <pctVal>0.4035759811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY T 5 7/37</title>
        <cusip>64972HS37</cusip>
        <identifiers>
          <isin value="US64972HS372"/>
          <ticker value="NYCFAC"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00LG6VQF4"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>514280.85</valUSD>
        <pctVal>0.2646479837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS TRANSN COMMN ST HWY FD</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System</title>
        <cusip>88283KCA4</cusip>
        <identifiers>
          <isin value="US88283KCA43"/>
        </identifiers>
        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2169180.8</valUSD>
        <pctVal>1.1162564677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-10-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Federated Hermes Intermediate Municipal Trust</ncom:nameOfApplicant>
      <ncom:signature>Stephen Van Meter</ncom:signature>
      <ncom:signerName>Federated Hermes Intermediate Municipal Trust</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
