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        <fairValLevel>2</fairValLevel>
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        <name>TRIBOROUGH BRDG &amp; TUNL AUTH N Y</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <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>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION (CA)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>WEST CENT OHIO PORT AUTH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6</annualizedRt>
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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>NEW YORK (NY), CITY OF</name>
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        <curCd>USD</curCd>
        <valUSD>3100000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.1</annualizedRt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ST. CLOUD (MN), CITY OF</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MICHIGAN ST STRATEGIC FD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RESIDENTIAL CARE FACILITIES FOR THE ELDERLY AUTHORITY OF FULTON COUNTY (GA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DELAWARE HEALTH FACILITIES AUTHORITY (DE)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ST PAUL MINN HSG &amp; REDEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIRGIN ISLANDS HOTEL DEV FING CORP</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6</annualizedRt>
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      <invstOrSec>
        <name>LAS VEGAS NEV SPL IMPT DIST NO 613</name>
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        <title>City of Las Vegas NV Special Improvement District No 613</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-12-01</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
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          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH RANGE METTROPOLITAN DISTRICT N.2 (CO)</name>
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          <isin value="US66176MAF77"/>
          <ticker value="NRTGEN"/>
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        <curCd>USD</curCd>
        <valUSD>2499897.25</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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      <invstOrSec>
        <name>CHICAGO CITY BOARD OF EDUCATION (IL)</name>
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        <title>Chicago Board of Education</title>
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          <isin value="US167505ZG42"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2025802</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY METRO GOVT</name>
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          <isin value="US54659LCZ58"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1028293.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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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          <isin value="US64578CCF68"/>
          <ticker value="NJSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00JKZ9TH7"/>
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        <curCd>USD</curCd>
        <valUSD>1325980.87</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>2047-10-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>FAYETTE COUNTY DEVELOPMENT AUTHORITY (GA)</name>
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        <balance>1985000</balance>
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        <curCd>USD</curCd>
        <valUSD>1995480.4</valUSD>
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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>5.25</annualizedRt>
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        <name>HAWAII (HI), STATE OF</name>
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        <title>State of Hawaii Airports System Revenue</title>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>777621.6</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <name>FOREST LAKE (MN), CITY OF</name>
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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>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375</annualizedRt>
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        <name>THREE RIVS CMNTY DEV DIST FLA</name>
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        <title>Three Rivers Community Development District</title>
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          <isin value="US88563MAJ45"/>
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        <balance>400000</balance>
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        <curCd>USD</curCd>
        <valUSD>404512.76</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55</annualizedRt>
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        <name>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638RKH9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>LOUISIANA PUBLIC FACILITIES AUTHORITY (LA)</name>
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        <title>Louisiana Public Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTH JERSEY PORT CORP (NJ)</name>
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          <ticker value="SJPTRN"/>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA DEVELOPMENT FINANCE CORP (FL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
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        <title>Palm Beach County Health Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ARIZONA INDL DEV AUTH</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052BTH77"/>
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        <balance>750000</balance>
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        <valUSD>732732.68</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AL)</name>
        <lei>N/A</lei>
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        <cusip>05786PAA1</cusip>
        <identifiers>
          <isin value="US05786PAA12"/>
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        <balance>1335000</balance>
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        <curCd>USD</curCd>
        <valUSD>1368698.34</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542UDW1</cusip>
        <identifiers>
          <isin value="US64542UDW18"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1958127</valUSD>
        <pctVal>0.4350718918</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>Pennsylvania Higher Educational Facilities Authority</title>
        <cusip>70917TRX1</cusip>
        <identifiers>
          <isin value="US70917TRX18"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>984364.1</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</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>
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      <invstOrSec>
        <name>IDAHO HEALTH FACILITIES AUTHORITY (ID)</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
        <cusip>451295A90</cusip>
        <identifiers>
          <isin value="US451295A908"/>
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        <balance>2500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2135524</valUSD>
        <pctVal>0.4744873374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55</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>MASSACHUSETTS BAY TRANSPORTATION AUTHORITY (MA)</name>
        <lei>549300D2U0XBUXGX8P68</lei>
        <title>MA MASTRN 4 07/01/2048</title>
        <cusip>575579Q75</cusip>
        <identifiers>
          <isin value="US575579Q753"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1806744</valUSD>
        <pctVal>0.4014364390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>LOUISIANA STADIUM AND EXPOSITION DISTRICT (LA)</name>
        <lei>5493000QEHWDGVGH7J62</lei>
        <title>Louisiana Stadium &amp; Exposition District</title>
        <cusip>546410CY5</cusip>
        <identifiers>
          <isin value="US546410CY53"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2027075.4</valUSD>
        <pctVal>0.4503913837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY (KY)</name>
        <lei>N/A</lei>
        <title>KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY</title>
        <cusip>49126PFH8</cusip>
        <identifiers>
          <isin value="US49126PFH82"/>
          <ticker value="KYSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00F383G60"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1589728.6</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>2051-05-15</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>
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      <invstOrSec>
        <name>CENTRAL FLORIDA EXPRESSWAY AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>Central Florida Expressway Authority</title>
        <cusip>153476JH0</cusip>
        <identifiers>
          <isin value="US153476JH04"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2028579.4</valUSD>
        <pctVal>0.4507255541</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>64578TAA2</cusip>
        <identifiers>
          <isin value="US64578TAA25"/>
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        <balance>1500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1575557.25</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FINANCING CORP (VA)</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp/NJ</title>
        <cusip>888808HT2</cusip>
        <identifiers>
          <isin value="US888808HT28"/>
          <ticker value="TOBGEN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00KHZ59F8"/>
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        <balance>3650000</balance>
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        <curCd>USD</curCd>
        <valUSD>3524860.85</valUSD>
        <pctVal>0.7831810083</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</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>AMERICAN AIRLINES INC</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116EZ5</cusip>
        <identifiers>
          <isin value="US650116EZ57"/>
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        <balance>665000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>637976.73</valUSD>
        <pctVal>0.1417506335</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BERKELEY (SC), COUNTY OF</name>
        <lei>N/A</lei>
        <title>County of Berkeley SC</title>
        <cusip>084220AB8</cusip>
        <identifiers>
          <isin value="US084220AB88"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>929854.7</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</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>HARBOR BAY COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Harbor Bay Community Development District</title>
        <cusip>411466AG0</cusip>
        <identifiers>
          <isin value="US411466AG08"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>857186</valUSD>
        <pctVal>0.1904562547</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.1</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>AVE MARIA STEWARDSHIP COMMUNITY DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Ave Maria Stewardship Community District</title>
        <cusip>05355ACB1</cusip>
        <identifiers>
          <isin value="US05355ACB17"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>952713.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.6</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607YCZ1</cusip>
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          <isin value="US63607YCZ16"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1028040.7</valUSD>
        <pctVal>0.2284180812</pctVal>
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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>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KGH5</cusip>
        <identifiers>
          <isin value="US51265KGH59"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1028441.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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>COLUMBIA TOWN INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
        <lei>N/A</lei>
        <title>Columbia Industrial Development Board</title>
        <cusip>197210AT4</cusip>
        <identifiers>
          <isin value="US197210AT49"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200000</valUSD>
        <pctVal>0.0444375561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.18</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>A.B. WON PAT INTERNATIONAL AIRPORT AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>THREE RIVS CMNTY DEV DIST FLA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
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          <isin value="US63607YEZ97"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-08-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAD2</cusip>
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          <isin value="US63608TAD28"/>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANA FINANCE AUTHORITY (IN)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <balance>2000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
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          <isin value="US708686DZ05"/>
          <ticker value="PASDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG007KJR2G9"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KFJ25"/>
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        <fairValLevel>2</fairValLevel>
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        <name>LAS VEGAS (NV), CITY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTH CAROLINA MED CARE COMMN RETIREMENT FACS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KBB35"/>
          <ticker value="LKRGEN"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS FINANCE AUTHORITY (IL)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GREATER ORLANDO AVIATION AUTHORITY (FL)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANA FINANCE AUTHORITY (IN)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45471AUT7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>LOUISIANA PUBLIC FACILITIES AUTHORITY (LA)</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>ARIZONA INDL DEV AUTH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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        <curCd>USD</curCd>
        <valUSD>456374.22</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-01</maturityDt>
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          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>NORTH TEX TWY AUTH</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>CAPITAL PROJS FIN AUTH FLA</name>
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        <curCd>USD</curCd>
        <valUSD>1567240.5</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIRMINGHAM SPECIAL CARE FACILITIES FINANCING (AL)</name>
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        <cusip>090929HA1</cusip>
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          <isin value="US090929HA18"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2030539.6</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
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        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YEE1</cusip>
        <identifiers>
          <isin value="US74526YEE14"/>
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        <balance>4000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2960000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GEORGIA MUNICIPAL ELECTRIC AUTHORITY (GA)</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <cusip>62620HAX0</cusip>
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          <isin value="US62620HAX08"/>
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        <balance>475000</balance>
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        <curCd>USD</curCd>
        <valUSD>467516</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEVADA STATE DEPARTMENT OF BUSINESS AND INDUSTRY (NV)</name>
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          <isin value="US641454AD56"/>
          <ticker value="NBI"/>
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        <balance>905000</balance>
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        <curCd>USD</curCd>
        <valUSD>813379.07</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>2047-07-15</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526YFG52"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
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        <balance>2250000</balance>
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        <curCd>USD</curCd>
        <valUSD>2468773.58</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>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <name>BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
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          <isin value="US118612MC10"/>
          <ticker value="BUCDEV"/>
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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>5.125</annualizedRt>
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        <name>DETROIT (MI), 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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        <name>PLYMOUTH EDUCATIONAL CENTER CHARTER SCHOOL (MI)</name>
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        <fairValLevel>3</fairValLevel>
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        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GRAND RAPIDS CITY ECONOMIC DEVELOPMENT CORP (MI)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MIAMI-DADE CNTY FLA INDL DEV AUTH</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOREST LAKE (MN), CITY OF</name>
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          <isin value="US345856AJ78"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC AUTHORITY FOR COLORADO ENERGY (CO)</name>
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          <isin value="US744387AC51"/>
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        <fairValLevel>2</fairValLevel>
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        <name>DENVER HEALTH AND HOSPITAL AUTHORITY (CO)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
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        <name>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>7</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isin value="US650116JQ04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT (PA)</name>
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          <isin value="US717824AL08"/>
          <ticker value="PHIDEV"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KALAMAZOO MICH ECONOMIC DEV CORP</name>
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          <isin value="US483228EJ74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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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        <name>DESERTXPRESS ENTERPRISES LLC</name>
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        <fairValLevel>3</fairValLevel>
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        <name>LT RANCH CMNTY DEB DIST FLA</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>PANORAMA PUB INFRASTRUCTURE DIST NO 1 UTAH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WINDWARD AT LAKEWOOD RANCH CMNTY DEV DIST FLA</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>TALAVERA COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>TALAVERA CDD 4.5 5/50</title>
        <cusip>87410PAH8</cusip>
        <identifiers>
          <isin value="US87410PAH82"/>
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        <balance>770000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>672581.29</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645UGH1</cusip>
        <identifiers>
          <isin value="US19645UGH14"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372531.8</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>2061-05-01</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>
      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667BX5</cusip>
        <identifiers>
          <isin value="US882667BX54"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2041800.2</valUSD>
        <pctVal>0.4536630543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152Q20</cusip>
        <identifiers>
          <isin value="US452152Q203"/>
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        <balance>8000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8189236</valUSD>
        <pctVal>1.8195481695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>MONTGOMERY CNTY OHIO</name>
        <lei>N/A</lei>
        <title>County of Montgomery OH</title>
        <cusip>613518DJ5</cusip>
        <identifiers>
          <isin value="US613518DJ50"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>486590.4</valUSD>
        <pctVal>0.1081144409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (DC)</name>
        <lei>N/A</lei>
        <title>Washington Metropolitan Area Transit Authority Dedicated Revenue</title>
        <cusip>93878YDY2</cusip>
        <identifiers>
          <isin value="US93878YDY23"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1842543.8</valUSD>
        <pctVal>0.4093907171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375</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>MILLSBORO (DE), TOWN OF</name>
        <lei>N/A</lei>
        <title>MILLSBORO SPL 5.125 7/38</title>
        <cusip>601266AC3</cusip>
        <identifiers>
          <isin value="US601266AC34"/>
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        <balance>3000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3004539.3</valUSD>
        <pctVal>0.6675719180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>FL LEIMED 04/01/2065</title>
        <cusip>52350LBD1</cusip>
        <identifiers>
          <isin value="US52350LBD10"/>
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        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300000</valUSD>
        <pctVal>0.0666563341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</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>KING CNTY WASH PUB HOSP DIST NO 4</name>
        <lei>N/A</lei>
        <title>King County Public Hospital District No 4</title>
        <cusip>494796AH8</cusip>
        <identifiers>
          <isin value="US494796AH87"/>
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        <balance>3000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3023209.8</valUSD>
        <pctVal>0.6717202750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GUAM GOVERNMENT WATERWORKS AUTHORITY</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FFK5</cusip>
        <identifiers>
          <isin value="US40065FFK57"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1019707.7</valUSD>
        <pctVal>0.2265665905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
        <lei>N/A</lei>
        <title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>04052BCS1</cusip>
        <identifiers>
          <isin value="US04052BCS16"/>
          <ticker value="AZSEDU"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00HMS5M93"/>
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        <balance>650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>585486.85</valUSD>
        <pctVal>0.1300880236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</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>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY (NJ)</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461364F5</cusip>
        <identifiers>
          <isin value="US6461364F58"/>
          <ticker value="NJSTRN"/>
          <other otherDesc="SEDOL" value="BGHFFD7"/>
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        <balance>575000</balance>
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        <curCd>USD</curCd>
        <valUSD>594457.94</valUSD>
        <pctVal>0.1320812902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NIAGARA AREA DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>NIAGARA AREA DEVELOPMENT CORP</title>
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          <isin value="US653542AC49"/>
          <ticker value="NIAPOL"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00LVGKWD6"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>875320.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YFE0</cusip>
        <identifiers>
          <isin value="US74526YFE05"/>
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        <balance>310000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>232887.5</valUSD>
        <pctVal>0.0517447567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ORANGE COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>ORANGE COUNTY HEALTH FACILITIES AUTHORITY</title>
        <cusip>68450LJQ9</cusip>
        <identifiers>
          <isin value="US68450LJQ95"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012661.7</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOBILE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (AL)</name>
        <lei>N/A</lei>
        <title>Mobile County Industrial Development Authority</title>
        <cusip>60733UAB7</cusip>
        <identifiers>
          <isin value="US60733UAB70"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>919480.1</valUSD>
        <pctVal>0.2042972425</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</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>IOWA FINANCE AUTHORITY (IA)</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAU9</cusip>
        <identifiers>
          <isin value="US46246SAU96"/>
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        <balance>2930000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3249600.88</valUSD>
        <pctVal>0.7220216065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</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>
      <invstOrSec>
        <name>NEWARK N J</name>
        <lei>N/A</lei>
        <title>City of Newark NJ Mass Transit Access Tax Revenue</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE ECONOMIC DEVELOPMENT BANK (CA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KALAMAZOO ECONOMIC DEVELOPMENT CORP (THE) (MI)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.25</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUNBRIDGE STEWARDSHIP DIST FLA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLUMBIA TOWN INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
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          <annualizedRt>3.15</annualizedRt>
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        <name>DELAWARE ECONOMIC DEVELOPMENT AUTHORITY (DE)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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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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        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS FINANCE AUTHORITY (IL)</name>
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        <title>Illinois Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.8</annualizedRt>
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        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP</name>
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        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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        <fairValLevel>2</fairValLevel>
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          <ticker value="BYTGEN"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TOBACCO SETTLEMENT AUTHORITY (IA)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK (IN)</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SHADOWLAWN CMNTY DEV DIST FLA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MUSKINGUM COUNTY HOSPITAL FACILITIES (OH)</name>
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          <ticker value="MUSMED"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PORT SEATTLE WASH</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</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>2050-10-01</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
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        <title>Lee County Industrial Development Authority/FL</title>
        <cusip>52349EEL0</cusip>
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          <isin value="US52349EEL02"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>912853.7</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UTAH TRANSIT AUTHORITY (UT)</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority</title>
        <cusip>91754TUW1</cusip>
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          <isin value="US91754TUW16"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1836656</valUSD>
        <pctVal>0.4080825199</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTANA FAC FIN AUTH</name>
        <lei>N/A</lei>
        <title>MT MTSFIN 6.12 11/15/2061</title>
        <cusip>61204KPZ8</cusip>
        <identifiers>
          <isin value="US61204KPZ83"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>742731.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIVER LANDING CMNTY DEV DIST FLA</name>
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        <title>River Landing Community Development District</title>
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          <isin value="US76828JAD00"/>
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        <balance>1115000</balance>
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        <curCd>USD</curCd>
        <valUSD>938663.87</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP (NY)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
        <cusip>12008QAG4</cusip>
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          <isin value="US12008QAG47"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1019569</valUSD>
        <pctVal>0.2265357730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>LT RANCH CMNTY DEB DIST FLA</name>
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        <title>LT Ranch Community Development District</title>
        <cusip>54912EAP8</cusip>
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          <isin value="US54912EAP88"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>511576.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>NH NFAGEN 0 12/15/2039</title>
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          <isin value="US63608TBL35"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1041683.75</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HENRICO (VA), COUNTY OF</name>
        <lei>N/A</lei>
        <title>Henrico County Economic Development Authority</title>
        <cusip>42605XAB4</cusip>
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          <isin value="US42605XAB47"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>756012.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REUNION EAST COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>REUNION EAST COMMUNITY DEVELOPMENT DISTRICT</title>
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          <isin value="US761311AL30"/>
          <ticker value="REUDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG002DMFSL1"/>
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        <balance>145000</balance>
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        <curCd>USD</curCd>
        <valUSD>1.45</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS COUNTY HOSPITAL DISTRICT (TX)</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US41415UCE47"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1022979.4</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WASHINGTON HEALTH CARE FACILITIES AUTHORITY (WA)</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority</title>
        <cusip>93978HF75</cusip>
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          <isin value="US93978HF751"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>2581948</valUSD>
        <pctVal>0.5736772951</pctVal>
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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>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIOUX FALLS (SD), CITY OF</name>
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          <isin value="US829566CR70"/>
          <ticker value="SIOMED"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1003808.7</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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          <isCashCollateral>N</isCashCollateral>
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        <name>JEFFERSON (AL), COUNTY OF</name>
        <lei>N/A</lei>
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          <isin value="US472682ZS54"/>
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        <valUSD>2056933.4</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607WBD5</cusip>
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          <isin value="US63607WBD56"/>
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        <balance>493230.41</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
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        <title>New York Transportation Development Corp</title>
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          <isin value="US650116HQ22"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004278.5</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>PIMA CNTY ARIZ INDL DEV AUTH</name>
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          <isin value="US72178AAF93"/>
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        <curCd>USD</curCd>
        <valUSD>1070798.4</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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          <isCashCollateral>N</isCashCollateral>
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        <name>WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY (WV)</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority</title>
        <cusip>95648VBU2</cusip>
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          <isin value="US95648VBU26"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1071047.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.45</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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        <cusip>74529JQG3</cusip>
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          <isin value="US74529JQG30"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>N/A</lei>
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        <cusip>414189AK6</cusip>
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          <isin value="US414189AK69"/>
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        <curCd>USD</curCd>
        <valUSD>2971779.48</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.05</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (SC)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
        <cusip>83704EAC8</cusip>
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          <isin value="US83704EAC84"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1073409.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-15</maturityDt>
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          <annualizedRt>7.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP</name>
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        <cusip>74529JQH1</cusip>
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          <isin value="US74529JQH13"/>
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        <curCd>USD</curCd>
        <valUSD>1764034.29</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW MEMPHIS ARENA PUBLIC BUILDING AUTHORITY OF MEMPHIS AND SHELBY COUNTY (TN)</name>
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          <isin value="US64542UFR05"/>
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        <balance>943989.18</balance>
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        <curCd>USD</curCd>
        <valUSD>4719.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARKANSAS DEVELOPMENT FINANCE AUTHORITY (AR)</name>
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        <title>Arkansas Development Finance Authority</title>
        <cusip>04110FAA3</cusip>
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          <isin value="US04110FAA30"/>
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        <balance>1250000</balance>
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        <curCd>USD</curCd>
        <valUSD>1261030.63</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
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          <annualizedRt>5.45</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROCKDALE COUNTY DEVELOPMENT AUTHORITY (GA)</name>
        <lei>N/A</lei>
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          <isin value="US773008AR86"/>
          <ticker value="ROCDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00KXMYQ78"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>476289.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
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          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NORTHAMPTON COUNTY GENERAL PURPOSE AUTHORITY (PA)</name>
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        <title>Northampton County General Purpose Authority</title>
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          <isin value="US66353RDJ05"/>
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        <curCd>USD</curCd>
        <valUSD>100000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
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          <annualizedRt>2.9</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN ATLANTA RAPID TRAN AUTHORITY (GA)</name>
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        <title>Metropolitan Atlanta Rapid Transit Authority</title>
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          <isin value="US591746CA86"/>
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        <balance>3000000</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
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        <title>California School Finance Authority</title>
        <cusip>13058TSQ4</cusip>
        <identifiers>
          <isin value="US13058TSQ49"/>
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        <balance>580000</balance>
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        <curCd>USD</curCd>
        <valUSD>589170.21</valUSD>
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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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      <invstOrSec>
        <name>NASSAU CNTY NY INDL DEV AGY CC</name>
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        <title>Nassau County Industrial Development Agency</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2058-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.01</annualizedRt>
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      <invstOrSec>
        <name>LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
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        <balance>355000</balance>
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        <valUSD>356519.33</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>2061-10-01</maturityDt>
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        <name>OHIO STATE HIGHER EDUCATIONAL FACILITY COMMISSION (OH)</name>
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        <cusip>67756DBD7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO, COMMONWEALTH OF</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TOLOMATO COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <title>Tolomato Community Development District</title>
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          <isin value="US889560DX30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO CITY BOARD OF EDUCATION (IL)</name>
        <lei>54930099NR6T9V7LVB43</lei>
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          <ticker value="CHIEDU"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY (SC)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
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          <isin value="US83704CAX65"/>
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        <curCd>USD</curCd>
        <valUSD>1000358.8</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>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDEN STATE TOBACCO SECURITIZATION CORP (CA)</name>
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        <cusip>38122NB84</cusip>
        <identifiers>
          <isin value="US38122NB843"/>
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        <balance>30000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2795808</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>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>PA DELAPT 09/01/2045</title>
        <cusip>245903AB5</cusip>
        <identifiers>
          <isin value="US245903AB55"/>
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        <balance>1900000</balance>
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        <curCd>USD</curCd>
        <valUSD>1900000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TSASC INC</name>
        <lei>N/A</lei>
        <title>TSASC INC/NY</title>
        <cusip>898526FF0</cusip>
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          <isin value="US898526FF00"/>
          <ticker value="TSA"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00FQXHG10"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004215.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>Seminole County Industrial Development Authority</title>
        <cusip>81669TAD0</cusip>
        <identifiers>
          <isin value="US81669TAD00"/>
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        <balance>1250000</balance>
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        <curCd>USD</curCd>
        <valUSD>1169132.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YCZ6</cusip>
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          <isin value="US74526YCZ60"/>
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        <balance>995000</balance>
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        <curCd>USD</curCd>
        <valUSD>736300</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13058TTB6</cusip>
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          <isin value="US13058TTB60"/>
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        <balance>520000</balance>
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        <curCd>USD</curCd>
        <valUSD>457994.58</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</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>XENIA RURAL WATER DISTRICT (IA)</name>
        <lei>N/A</lei>
        <title>XENIA RURAL WATER DISTRICT</title>
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          <isin value="US98410ADE29"/>
          <ticker value="XENWTR"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00DGZJZH0"/>
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        <balance>10000</balance>
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        <curCd>USD</curCd>
        <valUSD>10057.56</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>2041-12-01</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>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452153DA4</cusip>
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          <isin value="US452153DA45"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1048393.7</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELTA AIR LINES INC</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116CM6</cusip>
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          <isin value="US650116CM62"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1016600.2</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>PUERTO RICO AQUEDUCT AND SEWER AUTHORITY</name>
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        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
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        <curCd>USD</curCd>
        <valUSD>3753490.4</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4</annualizedRt>
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        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442ELV0</cusip>
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          <isin value="US74442ELV01"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>HACIENDA NORTH CMNTY DEV DIST FLA</name>
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        <title>Hacienda North Community Development District</title>
        <cusip>404511AD9</cusip>
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          <isin value="US404511AD92"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1042577.2</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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        <name>IDAHO HEALTH FACILITIES AUTHORITY (ID)</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
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          <isin value="US451295B245"/>
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        <curCd>USD</curCd>
        <valUSD>484585.01</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8</annualizedRt>
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        <name>CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY (AZ)</name>
        <lei>N/A</lei>
        <title>Chandler Industrial Development Authority</title>
        <cusip>158862CB6</cusip>
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          <isin value="US158862CB65"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1009769.4</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>2052-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>DUPAGE (IL), COUNTY OF</name>
        <lei>N/A</lei>
        <title>DU PAGE COUNTY SPECIAL SERVICE AREA NO 31</title>
        <cusip>26350TAB3</cusip>
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          <ticker value="DUPFAC"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00105RR97"/>
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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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        <name>ALTA LAKES COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <title>Alta Lakes Community Development District</title>
        <cusip>021304AD2</cusip>
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          <isin value="US021304AD20"/>
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        <valUSD>1122094.22</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>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANNING LEWIS RANCH METROPOLITAN DISTRICT N.4 (CO)</name>
        <lei>N/A</lei>
        <title>BANNING LEWIS 5.75 12/48</title>
        <cusip>066637AA7</cusip>
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          <isin value="US066637AA75"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>999916.4</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>2048-12-01</maturityDt>
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          <annualizedRt>5.75</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442PF75</cusip>
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          <isin value="US74442PF754"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN AIRLINES INC</name>
        <lei>N/A</lei>
        <title>Tulsa Municipal Airport Trust Trustees/OK</title>
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          <isin value="US899661EM05"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>555467.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>6.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP (NY)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
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          <isin value="US12008ETZ96"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993088.9</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA)</name>
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        <title>California Municipal Finance Authority</title>
        <cusip>13048RAM9</cusip>
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          <isin value="US13048RAM97"/>
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        <balance>2250000</balance>
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        <curCd>USD</curCd>
        <valUSD>2312025.75</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>2053-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.375</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP (NY)</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>NY BUIGEN 7 12/15/2055</title>
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          <isin value="US12008EXR25"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1512593.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OHIO AIR QUALITY DEVELOPMENT AUTHORITY (OH)</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</title>
        <cusip>67754AAE4</cusip>
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          <isin value="US67754AAE47"/>
          <ticker value="OHSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00J7S5X56"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-15</maturityDt>
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          <annualizedRt>4.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUERTO RICO, COMMONWEALTH OF</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514L3N58"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>927805.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HACIENDA NORTH CMNTY DEV DIST FLA</name>
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        <title>Hacienda North Community Development District</title>
        <cusip>404511AC1</cusip>
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          <isin value="US404511AC10"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>525863.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.3</annualizedRt>
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      <invstOrSec>
        <name>SOUTHERN GROVE COMMNUNITY DEVELOPMENT DISTRICT N.5 (FL)</name>
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          <isin value="US843021AD86"/>
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        <balance>585000</balance>
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        <valUSD>508817.61</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>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY (OH)</name>
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        <title>Buckeye Tobacco Settlement Financing Authority</title>
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          <isin value="US118217CZ97"/>
          <other otherDesc="SEDOL" value="BLP4RX5"/>
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        <curCd>USD</curCd>
        <valUSD>5802293.72</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>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMENT AUTHORITY (PA)</name>
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        <cusip>018444CC1</cusip>
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          <isin value="US018444CC18"/>
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        <curCd>USD</curCd>
        <valUSD>816332.48</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>2042-05-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN STRATEGIC FUND (MI)</name>
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          <isin value="US59471CAB54"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989067</valUSD>
        <pctVal>0.2197586013</pctVal>
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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>2041-10-01</maturityDt>
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          <annualizedRt>4.625</annualizedRt>
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        <name>GLEN COVE LOCAL ECONOMIC ASSISTANCE CORP (NY)</name>
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          <isin value="US377450AE19"/>
          <ticker value="GLCDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00F13J5W1"/>
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        <balance>4455000</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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          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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        <name>SAINT JAMES (LA), PARISH OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>POLK COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (FL)</name>
        <lei>549300UTRO4TAORRAL04</lei>
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          <isin value="US731120NQ00"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>3</fairValLevel>
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        <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>370000</balance>
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        <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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
        <lei>N/A</lei>
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          <isin value="US70869PJY43"/>
          <ticker value="PASDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG0086BGDD1"/>
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        <balance>1250000</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>
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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>
        <name>DENVER COLO CITY &amp; CNTY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>PIMA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
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        <cusip>72178AAJ1</cusip>
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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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          <annualizedRt>7</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DISTRICT (THE) (AL)</name>
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        <cusip>09182TKE6</cusip>
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          <isin value="US09182TKE63"/>
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        <curCd>USD</curCd>
        <valUSD>1037989.8</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>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AQUARION WTR AUTH CONN</name>
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        <cusip>03843TCB5</cusip>
        <identifiers>
          <isin value="US03843TCB52"/>
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        <curCd>USD</curCd>
        <valUSD>98761.33</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORANGE COUNTY COMMUNITY FACILITIES DISTRICT (CA)</name>
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        <title>Orange County Community Facilities District</title>
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          <isin value="US68423PA910"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1024589.1</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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          <isin value="US51265KAW80"/>
          <ticker value="LKRGEN"/>
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        <balance>1075000</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>
        <debtSec>
          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBIA (DC), DISTRICT OF</name>
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        <title>District of Columbia Income Tax Revenue</title>
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          <isin value="US25477GYP44"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1563516.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY (NC)</name>
        <lei>549300XOH4JU704GMZ32</lei>
        <title>NC CHAMED 01/15/2048</title>
        <cusip>160853UL9</cusip>
        <identifiers>
          <isin value="US160853UL92"/>
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        <balance>1900000</balance>
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        <curCd>USD</curCd>
        <valUSD>1900000</valUSD>
        <pctVal>0.4221567826</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LT RANCH COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <title>LT RANCH CDD FL CA 4 5/50</title>
        <cusip>54912EAD5</cusip>
        <identifiers>
          <isin value="US54912EAD58"/>
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        <balance>805000</balance>
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        <curCd>USD</curCd>
        <valUSD>659295.89</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (PA)</name>
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        <title>CHESTER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
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          <isin value="US165588DQ40"/>
          <ticker value="CHEDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00GM6LHH7"/>
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        <balance>1200000</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>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>UNITED AIRLINES INC</name>
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        <title>City of Houston TX Airport System Revenue</title>
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          <isin value="US442349HZ22"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>NEW ORLEANS LA AVIATION BRD</name>
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          <isin value="US64763HMS12"/>
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        <balance>1700000</balance>
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        <valUSD>1730561.75</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>KANSAS CITY LAND CLEARANCE REDEVELOPMENT AUTHORITY (MO)</name>
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          <isin value="US48504MAD39"/>
          <ticker value="KANDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00JQ01G66"/>
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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>HOUSTON CITY COMBINED UTILITY SYSTEM (TX)</name>
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        <title>TX HOUUTL 4 11/15/2049</title>
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          <isin value="US44244CB220"/>
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        <fairValLevel>2</fairValLevel>
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        <name>WEST JEFFERSON INDUSTRIAL DEVELOPMENT BOARD (AL)</name>
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          <isin value="US95345PAB40"/>
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        <fairValLevel>2</fairValLevel>
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        <name>VENICE FLA</name>
        <lei>N/A</lei>
        <title>City of Venice FL</title>
        <cusip>922687AE8</cusip>
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          <isin value="US922687AE82"/>
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        <balance>1250000</balance>
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        <valUSD>1220996.25</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOBILE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (AL)</name>
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        <title>Mobile County Industrial Development Authority</title>
        <cusip>60733UAA9</cusip>
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          <isin value="US60733UAA97"/>
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        <balance>1000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON TEX</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA)</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>CHICAGO (IL), CITY OF</name>
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        <title>Chicago O'Hare International Airport</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MAYOR AND CITY COUNCIL OF ROCKVILLE (MD)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
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        <title>California School Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <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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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FIN AUTH WIS</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>LOS ANGELES CALIF DEPT ARPTS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITALSOUTH BANCORP</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAYTOWN (MN), TOWNSHIP OF</name>
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        <cusip>073225AY0</cusip>
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          <ticker value="BYTGEN"/>
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        <curCd>USD</curCd>
        <valUSD>927543.1</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>2046-08-01</maturityDt>
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          <annualizedRt>4.25</annualizedRt>
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      <invstOrSec>
        <name>COMMERCIAL METALS COMPANY</name>
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        <title>Maricopa County Industrial Development Authority</title>
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        <curCd>USD</curCd>
        <valUSD>847552.7</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>2047-10-15</maturityDt>
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          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA)</name>
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        <title>San Diego County Regional Airport Authority</title>
        <cusip>79739GTD8</cusip>
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          <isin value="US79739GTD87"/>
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        <balance>1600000</balance>
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        <curCd>USD</curCd>
        <valUSD>1642912.96</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>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NATIONAL FINANCE AUTHORITY (NH)</name>
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        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607WAQ7</cusip>
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          <isin value="US63607WAQ78"/>
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        <curCd>USD</curCd>
        <valUSD>470539.66</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-20</maturityDt>
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          <annualizedRt>4.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NORTH CAROLINA MEDICAL CARE COMMISSION (NC)</name>
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        <title>North Carolina Medical Care Commission</title>
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          <isin value="US65820YTP15"/>
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        <curCd>USD</curCd>
        <valUSD>1658626.05</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>2054-09-01</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WINONA PORT AUTHORITY (MN)</name>
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          <isin value="US975243AC06"/>
          <ticker value="WINTRN"/>
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        <curCd>USD</curCd>
        <valUSD>623394</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>4.75</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WEST VIRGINIA HOSPITAL FINANCE AUTHORITY (WV)</name>
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        <title>West Virginia Hospital Finance Authority</title>
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          <isin value="US956622X251"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1046786.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
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          <annualizedRt>6</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SIOUX FALLS (SD), CITY OF</name>
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          <ticker value="SIOMED"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004014.3</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-01</maturityDt>
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          <annualizedRt>5.125</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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        <name>JEFFERSON (AL), COUNTY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KIRKWOOD INDUSTRIAL DEVELOPMENT AUTHORITY (MO)</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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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542QCH4</cusip>
        <identifiers>
          <isin value="US64542QCH48"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1590753</valUSD>
        <pctVal>0.3534458781</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK (IN)</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528U6X4</cusip>
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          <isin value="US45528U6X43"/>
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        <balance>1670000</balance>
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        <curCd>USD</curCd>
        <valUSD>1706244.01</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK (NY), CITY OF</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
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          <isin value="US64966SHL34"/>
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        <balance>3000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2563020.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY (WV)</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority</title>
        <cusip>95648VBV0</cusip>
        <identifiers>
          <isin value="US95648VBV09"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014585.1</valUSD>
        <pctVal>0.2254284113</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.625</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>IDAHO HEALTH FACS AUTH</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho Health Facilities Authority</title>
        <cusip>451295D97</cusip>
        <identifiers>
          <isin value="US451295D977"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2078185.4</valUSD>
        <pctVal>0.4617474012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MAYOR AND CITY COUNCIL OF BALTIMORE (MD)</name>
        <lei>N/A</lei>
        <title>CITY OF BALTIMORE MD</title>
        <cusip>05923TBY4</cusip>
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          <isin value="US05923TBY47"/>
          <ticker value="BALGEN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00GSSPZX1"/>
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        <balance>955000</balance>
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        <curCd>USD</curCd>
        <valUSD>958733</valUSD>
        <pctVal>0.2130187572</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY METRO GOVT</name>
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        <title>Louisville/Jefferson County Metropolitan Government</title>
        <cusip>54659LCY8</cusip>
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          <isin value="US54659LCY83"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1033735.5</valUSD>
        <pctVal>0.2296833962</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</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>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FINANCE AUTHORITY</title>
        <cusip>74443QAF9</cusip>
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          <isin value="US74443QAF90"/>
          <ticker value="PUBFIN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00CXCZMX7"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>953428</valUSD>
        <pctVal>0.2118400510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116GY6</cusip>
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          <isin value="US650116GY64"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>513040.95</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY (CO)</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645UNR1</cusip>
        <identifiers>
          <isin value="US19645UNR13"/>
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        <balance>1750000</balance>
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        <curCd>USD</curCd>
        <valUSD>1595682.38</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LOUISIANA STADIUM AND EXPOSITION DISTRICT (LA)</name>
        <lei>5493000QEHWDGVGH7J62</lei>
        <title>Louisiana Stadium &amp; Exposition District</title>
        <cusip>546410CX7</cusip>
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          <isin value="US546410CX70"/>
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        <balance>600000</balance>
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        <curCd>USD</curCd>
        <valUSD>605588.34</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 613</name>
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        <title>City of Las Vegas NV Special Improvement District No 613</title>
        <cusip>51779CAN5</cusip>
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          <isin value="US51779CAN56"/>
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        <balance>445000</balance>
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        <curCd>USD</curCd>
        <valUSD>438025.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EAGLE (CO), COUNTY OF</name>
        <lei>N/A</lei>
        <title>EAGLE COUNTY AIRPORT TERMINAL CORP</title>
        <cusip>26947EAS9</cusip>
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          <isin value="US26947EAS90"/>
          <ticker value="EAGTRN"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG001S0F1W2"/>
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        <balance>170000</balance>
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        <curCd>USD</curCd>
        <valUSD>170345.32</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>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
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        <name>PUERTO RICO, COMMONWEALTH OF</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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        <curCd>USD</curCd>
        <valUSD>887310.2</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>2046-07-01</maturityDt>
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          <annualizedRt>4</annualizedRt>
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        <name>VERANDHA WEST COMMUNITY DEVELOPMENT DISTRICT</name>
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        <title>VERANDAH WEST COMMUNITY DEVELOPMENT DISTRICT</title>
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          <isin value="US922947AD89"/>
          <ticker value="VRNDEV"/>
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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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      <invstOrSec>
        <name>PORT SEATTLE INDUSTRIAL DEVELOPMENT CORP (WA)</name>
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        <title>PORT OF SEATTLE INDUSTRIAL DEVELOPMENT CORP</title>
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          <isin value="US735385AC02"/>
          <ticker value="PTSDEV"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG003DKXCG4"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001162.4</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>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CA)</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13080SMK7</cusip>
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          <isin value="US13080SMK77"/>
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        <balance>2250000</balance>
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        <curCd>USD</curCd>
        <valUSD>2252261.7</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US74442PYS81"/>
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        <curCd>USD</curCd>
        <valUSD>2060208.4</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>BANNING LEWIS RANCH REGIONAL METROPOLITAN DISTRICT (CO)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>9</annualizedRt>
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        <name>DALLAS &amp; FORT WORTH CITIES TEXAS INTERNATIONAL AIRPORT (TX)</name>
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          <isin value="US23503CDD65"/>
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        <valUSD>1025576.5</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION (WA)</name>
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          <isin value="US939783Z589"/>
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        <curCd>USD</curCd>
        <valUSD>1013848.3</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>6.25</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isin value="US795576FX05"/>
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        <curCd>USD</curCd>
        <valUSD>1003659.9</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BASE VILLAGE METROPOLITAN DISTRICT N.2 (CO)</name>
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          <isin value="US069781AB80"/>
          <ticker value="BSEFAC"/>
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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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        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSPORTATION CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.5</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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        <name>PUBLIC FIN AUTH WIS</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US34077UAJ97"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FINANCE AUTHORITY (WI)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO MIDWAY AIRPORT (IL)</name>
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          <isin value="US167562SG33"/>
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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>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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      <invstOrSec>
        <name>PORT OF GTR CINCINNATI DEV AUTH OHIO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLUMBUS REGIONAL AIRPORT AUTHORITY (OH)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
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          <annualizedRt>5.5</annualizedRt>
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        <name>MISSISSIPPI BUSINESS FINANCE CORP (MS)</name>
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          <isin value="US60527MBD02"/>
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        <valUSD>1000781.2</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC ENERGY AUTHORITY OF KENTUCKY (KY)</name>
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        <cusip>74440DGM0</cusip>
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          <isin value="US74440DGM02"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)</name>
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          <isin value="US13058TFZ84"/>
          <ticker value="CASSCD"/>
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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>NEVADA STATE DEPARTMENT OF BUSINESS AND INDUSTRY (NV)</name>
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          <isin value="US25490LAF40"/>
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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>PUBLIC FINANCE AUTHORITY (WI)</name>
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          <isin value="US74442PL786"/>
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        <curCd>USD</curCd>
        <valUSD>401598.1</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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        <name>OHIO (OH), STATE OF</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <ticker value="OHSGEN"/>
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        <balance>1000000</balance>
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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>LAKES OF SARASOTA CMNTY DEV DIST FLA</name>
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        <title>Lakes of Sarasota Community Development District</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.1</annualizedRt>
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        <name>STAMFORD CONN HSG AUTH</name>
        <lei>N/A</lei>
        <title>Stamford Housing Authority</title>
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          <isin value="US852640AK71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.5</annualizedRt>
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        <name>GULFPORT (MS), CITY OF</name>
        <lei>N/A</lei>
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          <isin value="US402682DH84"/>
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        <valUSD>2006755.2</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>MAYOR AND CITY COUNCIL OF BALTIMORE (MD)</name>
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          <ticker value="BALGEN"/>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA DEVELOPMENT FINANCE CORP (FL)</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061XAG7</cusip>
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          <isin value="US34061XAG79"/>
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        <balance>665000</balance>
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        <curCd>USD</curCd>
        <valUSD>663912.53</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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        <name>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QSD2</cusip>
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          <isin value="US87638QSD24"/>
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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>5.5</annualizedRt>
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        <name>TSASC INC</name>
        <lei>N/A</lei>
        <title>TSASC Inc/NY</title>
        <cusip>898526FR4</cusip>
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        <valUSD>2646260.06</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>2048-06-01</maturityDt>
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          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP (TX)</name>
        <lei>N/A</lei>
        <title>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP</title>
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          <ticker value="NHPFAC"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>896217.3</valUSD>
        <pctVal>0.1991285326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)</name>
        <lei>N/A</lei>
        <title>PA PASMED 4.5 12/15/2051</title>
        <cusip>70870JJY5</cusip>
        <identifiers>
          <isin value="US70870JJY55"/>
        </identifiers>
        <balance>1750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1636371.28</valUSD>
        <pctVal>0.3635817025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116HV1</cusip>
        <identifiers>
          <isin value="US650116HV17"/>
        </identifiers>
        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2012099.6</valUSD>
        <pctVal>0.4470639439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KEN4</cusip>
        <identifiers>
          <isin value="US51265KEN46"/>
        </identifiers>
        <balance>750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>609914.85</valUSD>
        <pctVal>0.1355156267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEMPE CITY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
        <lei>N/A</lei>
        <title>Tempe Industrial Development Authority</title>
        <cusip>87972MAX0</cusip>
        <identifiers>
          <isin value="US87972MAX02"/>
        </identifiers>
        <balance>400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310745</valUSD>
        <pctVal>0.0690437418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125</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 Municipal Securities Income Trust</ncom:nameOfApplicant>
      <ncom:signature>Stephen Van Meter</ncom:signature>
      <ncom:signerName>Federated Hermes Municipal Securities Income Trust</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
