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      <invstOrSec>
        <name>Lees Summit Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US524292BS78"/>
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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>MW Retail Business Improvement District</name>
        <lei>N/A</lei>
        <title>MW Retail Business Improvement District, Series 2024, RB</title>
        <cusip>55403PAA9</cusip>
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          <isin value="US55403PAA93"/>
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        <curCd>USD</curCd>
        <valUSD>2086829.46000000</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>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project)</name>
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          <isin value="US82652UAE29"/>
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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>2047-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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        <name>North Carolina (State of) Medical Care Commission (Forest at Duke (The))</name>
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        <cusip>65820YSM9</cusip>
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          <isin value="US65820YSM92"/>
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        <curCd>USD</curCd>
        <valUSD>1047523.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Indiana (State of) Finance Authority (Unidy Properties LLC)</name>
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        <cusip>45471FBH3</cusip>
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          <isin value="US45471FBH38"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3585453.38000000</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>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (Camillus Health System)</name>
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        <cusip>97712D4D5</cusip>
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          <isin value="US97712D4D59"/>
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        <curCd>USD</curCd>
        <valUSD>6290882.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <cusip>74526QXR8</cusip>
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          <isin value="US74526QXR81"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>839900.00000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Stockton Unified School District (Election of 2008)</name>
        <lei>N/A</lei>
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        <cusip>861419RQ4</cusip>
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          <isin value="US861419RQ43"/>
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        <balance>12115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7566720.07000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Capital Trust Authority</name>
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          <isin value="US14054WCJ27"/>
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        <fairValLevel>2</fairValLevel>
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        <name>South Timnath Metropolitan District No. 1</name>
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        <balance>987000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Lancaster Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stockton Unified School District (Election of 2008)</name>
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        <cusip>861419RP6</cusip>
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        <balance>6245000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Karl's Farm Metropolitan District No. 3</name>
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        <cusip>48565MAA5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442ELD0</cusip>
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        <balance>485000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAZ3</cusip>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>Plano (City of), IL Special Service Area No. 5 (Lakewood Springs Club)</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp. (Children's Health System of Texas)</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Creekside Village Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clearwater Cay Community Development District</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Ludlow (City of), KY</name>
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          <isin value="US549680AA43"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Cleveland (City of) &amp; Cuyahoga (County of), OH Port Authority (Constellation Schools)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Asheville Regional Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Wyandotte County-Kansas City Unified Government</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Omaha Public Power District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Oquirrh Point Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lynchburg Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Okaloosa FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Red Bridge Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Independence (City of), MN (Spero Academy)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Infrastructure &amp; Economic Development Bank (Wonderful Foundations Charter School Portfolio)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Callaway (County of), MO Industrial Development Authority (Westminster College)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Projects Finance Authority (Millenia Orlando)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma (County of), OK Finance Authority (Astec)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Lees Summit Industrial Development Authority</name>
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        <name>California (State of) County Tobacco Securitization Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnolia Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>North Parkway Municipal Management District No. 1 (Major Improvements)</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US95649CAB63"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority</name>
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        <cusip>74445QBA7</cusip>
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          <isin value="US74445QBA76"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Joplin Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>48068CAE1</cusip>
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          <isin value="US48068CAE12"/>
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        <curCd>USD</curCd>
        <valUSD>1868356.26000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Mississippi (State of) Hospital Equipment &amp; Facilities Authority (Ochsner Clinic Foundation)</name>
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        <cusip>605360UD6</cusip>
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          <isin value="US605360UD68"/>
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        <curCd>USD</curCd>
        <valUSD>10359569.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Legato Community Authority</name>
        <lei>N/A</lei>
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        <cusip>52473TAF2</cusip>
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          <isin value="US52473TAF21"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1943139.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority, Series 2026, RB</title>
        <cusip>64972GT79</cusip>
        <identifiers>
          <isin value="US64972GT794"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4000000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.05000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Johnstown North Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Johnstown North Metropolitan District No. 2, Series 2022 A, GO Bonds</title>
        <cusip>47961FAA2</cusip>
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          <isin value="US47961FAA21"/>
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        <balance>3015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3058987.04000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sawgrass Village Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US805462AE80"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>63608TBF6</cusip>
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          <isin value="US63608TBF66"/>
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        <valUSD>7339235.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY, Series 2025 A-1, GO Bonds</title>
        <cusip>64966SPR1</cusip>
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          <isin value="US64966SPR12"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10525862.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Williamson (County of), TX Municipal Utility District No. 28</name>
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          <isin value="US97001YKD12"/>
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        <curCd>USD</curCd>
        <valUSD>1638993.43000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>E-86 Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US26843GAA85"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <cusip>74514L3L9</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Cobb (County of), GA Development Authority (The) (Northwest Classical Academy)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area)</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>West Villages Improvement District (Development Unit No. 9)</name>
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        <name>Arizona (State of) Industrial Development Authority (Academies of Math &amp; Science)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District)</name>
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          <areIntrstPmntsInArrs>Y</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>Michigan Strategic Fund</name>
        <lei>N/A</lei>
        <title>Michigan Strategic Fund, Series 2024, RB</title>
        <cusip>594715AH7</cusip>
        <identifiers>
          <isin value="US594715AH74"/>
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        <balance>17670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17729733.44000000</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>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</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>New Hampshire (State of) Business Finance Authority (Vista (The))</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority (Vista (The)), Series 2019 A, RB</title>
        <cusip>63607YAF7</cusip>
        <identifiers>
          <isin value="US63607YAF79"/>
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        <balance>770000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>770927.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Kokomo (City of), IN (Silver Birch at KOKOMO)</name>
        <lei>N/A</lei>
        <title>Kokomo (City of), IN (Silver Birch at KOKOMO), Series 2017, RB</title>
        <cusip>500364AB0</cusip>
        <identifiers>
          <isin value="US500364AB06"/>
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        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9593090.00000000</valUSD>
        <pctVal>0.110959436357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>
      <invstOrSec>
        <name>California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization Corp.)</name>
        <lei>N/A</lei>
        <title>California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization Corp.), Series 2020 B-2, Ref. RB</title>
        <cusip>13016NFC3</cusip>
        <identifiers>
          <isin value="US13016NFC39"/>
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        <balance>14725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2467762.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Creekview Community Development District (Phase 2)</name>
        <lei>N/A</lei>
        <title>Creekview Community Development District (Phase 2), Series 2024, RB</title>
        <cusip>225514AG3</cusip>
        <identifiers>
          <isin value="US225514AG38"/>
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        <balance>3350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3194514.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Princeton Independent School District</name>
        <lei>N/A</lei>
        <title>Princeton Independent School District, Series 2023, GO Bonds</title>
        <cusip>742395XX9</cusip>
        <identifiers>
          <isin value="US742395XX95"/>
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        <balance>25065000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22731568.81000000</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>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>NS Public Infrastructure No. 2</name>
        <lei>N/A</lei>
        <title>NS Public Infrastructure No. 2, Series 2024 B, GO Bonds</title>
        <cusip>62948SAC7</cusip>
        <identifiers>
          <isin value="US62948SAC70"/>
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        <balance>638000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645803.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Celina (City of), TX (Ten Mile Creek Public Improvement District Major Improvement Area)</name>
        <lei>N/A</lei>
        <title>Celina (City of), TX (Ten Mile Creek Public Improvement District Major Improvement Area), Series 2023, RB</title>
        <cusip>15114CFW9</cusip>
        <identifiers>
          <isin value="US15114CFW91"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>822925.92000000</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>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Flying Horse Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Flying Horse Metropolitan District No. 3, Series 2019, Ref. GO Bonds</title>
        <cusip>34407UAB7</cusip>
        <identifiers>
          <isin value="US34407UAB70"/>
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        <balance>2965000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2965922.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monogalia (County of), WV (Development Disctict No. 4 - University Town Centre)</name>
        <lei>N/A</lei>
        <title>Monogalia (County of), WV (Development Disctict No. 4 - University Town Centre), Series 2023, Ref. RB</title>
        <cusip>61022DAD9</cusip>
        <identifiers>
          <isin value="US61022DAD93"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>907845.66000000</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>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PBR Community Development District</name>
        <lei>N/A</lei>
        <title>PBR Community Development District, Series 2026 A-2, Ref. RB</title>
        <cusip>69317QAB1</cusip>
        <identifiers>
          <isin value="US69317QAB14"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>611489.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Portland (Port of), OR</name>
        <lei>549300BRH7XZ3ZK0DS46</lei>
        <title>Portland (Port of), OR, Twenty Seventh Series 2020 A, RB</title>
        <cusip>735240Y23</cusip>
        <identifiers>
          <isin value="US735240Y233"/>
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        <balance>11680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10006931.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Missouri (State of) Health &amp; Educational Facilities Authority (Lutheran Senior Services)</name>
        <lei>549300IWTBCMX5JB3277</lei>
        <title>Missouri (State of) Health &amp; Educational Facilities Authority (Lutheran Senior Services), Series 2024, Ref. RB</title>
        <cusip>60635H4C0</cusip>
        <identifiers>
          <isin value="US60635H4C08"/>
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        <balance>3640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3573369.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020, Ref. RB</title>
        <cusip>87638RKG1</cusip>
        <identifiers>
          <isin value="US87638RKG10"/>
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        <balance>7625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7263744.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)</name>
        <lei>N/A</lei>
        <title>Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017 A, Ref. RB</title>
        <cusip>497609AW7</cusip>
        <identifiers>
          <isin value="US497609AW70"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1145405.68000000</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>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Capital Trust Agency, Inc. (Paragon Academy of Technology and Sunshine Elementary Charter School)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc. (Paragon Academy of Technology and Sunshine Elementary Charter School), Series 2019 A, RB</title>
        <cusip>14054CBR9</cusip>
        <identifiers>
          <isin value="US14054CBR97"/>
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        <balance>3735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3242702.72000000</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>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>Denver (City &amp; County of), CO</name>
        <lei>N/A</lei>
        <title>Denver (City &amp; County of), CO, Series 2022 D, Ref. RB</title>
        <cusip>249182TN6</cusip>
        <identifiers>
          <isin value="US249182TN62"/>
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        <balance>41500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41513956.45000000</valUSD>
        <pctVal>0.480175335439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Monroe County Industrial Development Corp. (Social Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virgin Islands Hotel Development Financing Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>University of Puerto Rico</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Mida Mountain Village Public Infrastructure District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Golden State Tobacco Securitization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Plano (City of), TX</name>
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          <isin value="US727220AC99"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakeside Preserve Community Development District (Series 2023)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Franklin (County of), OH (Wesley Communities)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Glades Correctional Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Housing Finance Agency</name>
        <lei>549300BOPCVLBA552Z14</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority (Milo Farms Project)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Broadway Station Metropolitan District No. 3</name>
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          <isin value="US111571AB19"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Phoenix (City of), AZ Industrial Development Authority (The) (Espiritu Community Development Corp. Charter School)</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (Buckner Senior Living - Ventana)</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Humble Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District)</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
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        <name>Celina (City of), TX (Mosaic Public Improvement District Phase #1)</name>
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        <cusip>15114CGA6</cusip>
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          <isin value="US15114CGA62"/>
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        <curCd>USD</curCd>
        <valUSD>1832120.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>New Hampshire (State of) Business Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>63608TAQ3</cusip>
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          <isin value="US63608TAQ31"/>
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        <curCd>USD</curCd>
        <valUSD>34220309.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds)</name>
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        <cusip>130536QZ1</cusip>
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          <isin value="US130536QZ17"/>
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        <balance>6075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68343.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Westridge Community Development District</name>
        <lei>N/A</lei>
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        <cusip>96144WAA2</cusip>
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          <isin value="US96144WAA27"/>
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        <curCd>USD</curCd>
        <valUSD>1195008.96000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
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        <cusip>70879QV83</cusip>
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          <isin value="US70879QV830"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7976263.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
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        <name>Savannah Georgia Convention Center Authority</name>
        <lei>N/A</lei>
        <title>Savannah Georgia Convention Center Authority, Series 2025, RB</title>
        <cusip>804828AX9</cusip>
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          <isin value="US804828AX97"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1560237.90000000</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>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Carlton Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Carlton Lakes Community Development District, Series 2015, RB</title>
        <cusip>143024AC1</cusip>
        <identifiers>
          <isin value="US143024AC14"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>761147.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Westside Community Development District</name>
        <lei>N/A</lei>
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        <cusip>96149TAH9</cusip>
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          <isin value="US96149TAH95"/>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.20000000</annualizedRt>
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        <name>Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)</name>
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        <cusip>70879QN66</cusip>
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          <isin value="US70879QN662"/>
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        <balance>5200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5095723.36000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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        <name>Viridian Farm Public Infrastructure District No. 1</name>
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        <cusip>92841PAB0</cusip>
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          <isin value="US92841PAB04"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.37500000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74442ENB29"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Mansfield Independent School District</name>
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          <isin value="US564386VN72"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Glades Correctional Development Corp.</name>
        <lei>N/A</lei>
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        <cusip>376458AC9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Willow Springs Metropolitan District</name>
        <lei>N/A</lei>
        <title>Willow Springs Metropolitan District, Series 2024 B, GO Bonds</title>
        <cusip>971221AS5</cusip>
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          <isin value="US971221AS52"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Remuda Ranch Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US75971UAB61"/>
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        <valUSD>500999.11000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Chester (County of), PA Industrial Development Authority (Hickman (The))</name>
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          <isin value="US165588DG67"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority, Series 2026, RB</title>
        <cusip>20775DU83</cusip>
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          <isin value="US20775DU831"/>
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        <curCd>USD</curCd>
        <valUSD>7552106.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Northwoods Transportation Development District</name>
        <lei>N/A</lei>
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        <cusip>66859FAA7</cusip>
        <identifiers>
          <isin value="US66859FAA75"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>305474.14000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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        <name>New York (City of), NY Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <cusip>64972GF41</cusip>
        <identifiers>
          <isin value="US64972GF413"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mariposa East Public Improvement District</name>
        <lei>N/A</lei>
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        <cusip>57025SAC3</cusip>
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          <isin value="US57025SAC35"/>
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        <curCd>USD</curCd>
        <valUSD>270383.24000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Buffalo Ridge Metropolitan District</name>
        <lei>549300NCEVFYCC5JD730</lei>
        <title>Buffalo Ridge Metropolitan District, Series 2018 B, GO Bonds</title>
        <cusip>119802AF3</cusip>
        <identifiers>
          <isin value="US119802AF35"/>
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        <balance>810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>809233.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Series 2026, RB</title>
        <cusip>63608TBL3</cusip>
        <identifiers>
          <isin value="US63608TBL35"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3764556.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York (City of), NY Transitional Finance Authority</name>
        <lei>N/A</lei>
        <title>New York (City of), NY Transitional Finance Authority, Series 2023 A-1, RB</title>
        <cusip>64971X8M3</cusip>
        <identifiers>
          <isin value="US64971X8M38"/>
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        <balance>15500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky Public Energy Authority</name>
        <lei>549300XEJZWHYSY4SL55</lei>
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        <cusip>74440DFQ2</cusip>
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          <isin value="US74440DFQ25"/>
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        <balance>10750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10936741.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Floyd (County of), GA Development Authority (The Spires at Berry College)</name>
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        <cusip>343572AC7</cusip>
        <identifiers>
          <isin value="US343572AC73"/>
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        <balance>6850000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
        <lei>N/A</lei>
        <title>Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB</title>
        <cusip>05921PBV0</cusip>
        <identifiers>
          <isin value="US05921PBV04"/>
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        <balance>3630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3667716.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Capital Trust Agency, Inc. (Elim Senior Housing, Inc.)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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        <cusip>140542AG6</cusip>
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          <isin value="US140542AG68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>Collier (County of), FL Industrial Development Authority (Gulf Coast Academy South)</name>
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        <title>Collier (County of), FL Industrial Development Authority (Gulf Coast Academy South), Series 2017 A, RB</title>
        <cusip>194639AD2</cusip>
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          <isin value="US194639AD21"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.), Series 2025, Ref. RB</title>
        <cusip>041807PW2</cusip>
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          <isin value="US041807PW20"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp. (Basis Texas Charter Schools, Inc.)</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Geos Neighborhood Metropolitan District</name>
        <lei>N/A</lei>
        <title>Geos Neighborhood Metropolitan District, Series 2021, GO Bonds</title>
        <cusip>373629AA2</cusip>
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          <isin value="US373629AA26"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Denton Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North AR-1 Pasco Community Development District (Assessment Area Three)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York &amp; New Jersey (States of) Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Oakdale MN</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-11-15</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
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        <cusip>04052BUH5</cusip>
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          <isin value="US04052BUH58"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Aquarion Water Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Lee FL Airport Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado (State of) Health Facilities Authority (Aberdeen Ridge)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sawgrass Village Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Belt Energy Gas District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Silverstone Metropolitan District No. 3</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Miami-Dade (County of), FL Transit System</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charlotte (County of), FL Industrial Development Authority (Town &amp; Country Utilities)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago (City of), IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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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.</name>
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        <name>Texas Transportation Finance Corp.</name>
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        <name>AES PUERTO RICO Inc.</name>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <name>Chicago (City of), IL Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lee's Summit (City of), MO Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Joshua Farms Municipal Management District No 1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston TX Hotel Occupancy Tax &amp; Special Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)</name>
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        <name>San Diego (County of), CA Regional Airport Authority</name>
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        <name>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Twin Cities German Immersion School)</name>
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        <name>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Twin Cities German Immersion School)</name>
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        <name>Hamilton (County of), OH (UC Health)</name>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (St. Martin Parish Gomesa)</name>
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        <name>Build NYC Resource Corp.</name>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (American Leadership Academy)</name>
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        <name>Lewistown (City of), VA Commerce Center Community Development Authority</name>
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        <name>Wisconsin (State of) Public Finance Authority (Founders Academy of Las Vegas)</name>
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        <name>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>South Bay Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Port of Seattle WA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio (State of) Higher Educational Facility Commission (John Carroll University 2025)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts (Commonwealth of) Port Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Galveston (City of), TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>San Antonio (City of), TX</name>
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        <cusip>79625GGS6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>South Carolina (State of) Public Service Authority (Santee Cooper)</name>
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        <cusip>8371515A3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago (City of), IL (Cottage View Terrace Apartments)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Penrith Park Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southside Community Facilities District No. 1</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74449CAD9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa (State of) Finance Authority (Alcoa, Inc.)</name>
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        <cusip>46246SAE5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Trails Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Marion (City of), IL (Star Bond District Area No. 1)</name>
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        <cusip>569498AB4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Antonio Education Facilities Corp. (University of the Incarnate Word)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago (City of), IL (O'Hare International Airport)</name>
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          <isin value="US1675934T61"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Oakwood Estates and Stonebrooke)</name>
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        <cusip>74442PG82</cusip>
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          <isin value="US74442PG828"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Windler Public Improvement Authority</name>
        <lei>N/A</lei>
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          <isin value="US973405AD53"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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      <invstOrSec>
        <name>Illinois (State of) Finance Authority</name>
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          <isin value="US45204EA734"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Panorama Public Infrastructure District No 1</name>
        <lei>N/A</lei>
        <title>Panorama Public Infrastructure District No 1, Series 2025 A, GO Bonds</title>
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          <isin value="US69862YAA55"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63608TBR05"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>Indiana (State of) Finance Authority (Irvington Community School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)</name>
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        <cusip>497609BD8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Mashantucket Western Pequot Tribe</name>
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        <cusip>574757CH1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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      <invstOrSec>
        <name>California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.)</name>
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        <title>California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.), Series 2002, RB</title>
        <cusip>13016NBY9</cusip>
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          <isin value="US13016NBY94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Lakewood Ranch Stewardship District (Palm Grove)</name>
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        <cusip>51265KFZ6</cusip>
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          <isin value="US51265KFZ66"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <cusip>118217DA3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>64613CHP6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California (State of) Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California (State of) Municipal Finance Authority, Series 2025 A-1, RB</title>
        <cusip>13050WAA9</cusip>
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          <isin value="US13050WAA99"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.44000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Downtown East Streetcar Sewer Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Downtown East Streetcar Sewer Public Infrastructure District, Series 2022 B, GO Bonds</title>
        <cusip>261151AC8</cusip>
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          <isin value="US261151AC84"/>
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        <balance>1239000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1192684.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Floyd (County of), GA Development Authority (The Spires at Berry College)</name>
        <lei>N/A</lei>
        <title>Floyd (County of), GA Development Authority (The Spires at Berry College), Series 2018 A, RB</title>
        <cusip>343572AB9</cusip>
        <identifiers>
          <isin value="US343572AB90"/>
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        <balance>3100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3105115.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>New York &amp; New Jersey (States of) Port Authority</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>New York &amp; New Jersey (States of) Port Authority, Series 2020 221, RB</title>
        <cusip>73358W5V2</cusip>
        <identifiers>
          <isin value="US73358W5V23"/>
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        <balance>15590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12898455.10000000</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>2060-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Warren (County of), OH Port Authority</name>
        <lei>N/A</lei>
        <title>Warren (County of), OH Port Authority, Series 2019 D, RB</title>
        <cusip>93516RAB8</cusip>
        <identifiers>
          <isin value="US93516RAB87"/>
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        <balance>3670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3276999.52000000</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>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Highway 380 Municipal Management District No. 1</name>
        <lei>N/A</lei>
        <title>Highway 380 Municipal Management District No. 1, Series 2022, GO Bonds</title>
        <cusip>43124ANY0</cusip>
        <identifiers>
          <isin value="US43124ANY00"/>
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        <balance>2355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2129602.24000000</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>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Mesquite TX</name>
        <lei>N/A</lei>
        <title>City of Mesquite TX, Series 2025, RB</title>
        <cusip>590771BM2</cusip>
        <identifiers>
          <isin value="US590771BM26"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610994.38000000</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>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc. (Viera Charter Schools, Inc.)</name>
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        <cusip>14054CAL3</cusip>
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          <isin value="US14054CAL37"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1032663.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas (State of) Water Development Board</name>
        <lei>N/A</lei>
        <title>Texas (State of) Water Development Board, Series 2021, RB</title>
        <cusip>8828546K3</cusip>
        <identifiers>
          <isin value="US8828546K35"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12784441.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coastal Ridge Community Development District</name>
        <lei>N/A</lei>
        <title>Coastal Ridge Community Development District, Series 2025, RB</title>
        <cusip>19052TAD5</cusip>
        <identifiers>
          <isin value="US19052TAD54"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2210965.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ave Maria Stewardship Community District</name>
        <lei>N/A</lei>
        <title>Ave Maria Stewardship Community District, Series 2025, RB</title>
        <cusip>05355ACB1</cusip>
        <identifiers>
          <isin value="US05355ACB17"/>
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        <balance>1655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1579687.24000000</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>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon (State of) Facilities Authority</name>
        <lei>N/A</lei>
        <title>Oregon (State of) Facilities Authority, Series 2025, Ref. RB</title>
        <cusip>68607AAQ4</cusip>
        <identifiers>
          <isin value="US68607AAQ40"/>
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        <balance>810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>788461.21000000</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>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Cottonwood (City of), MN (Extreme Holdings LLC)</name>
        <lei>N/A</lei>
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        <cusip>22188TAA2</cusip>
        <identifiers>
          <isin value="US22188TAA25"/>
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        <balance>6630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5398515.95000000</valUSD>
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        <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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>East Central Vermont Telecommunications District</name>
        <lei>549300UHVQS0JED3EZ33</lei>
        <title>East Central Vermont Telecommunications District, Series 2018 A, RB</title>
        <cusip>271524AR1</cusip>
        <identifiers>
          <isin value="US271524AR11"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>908136.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority, Subseries 2023 B-1, RB</title>
        <cusip>89602RKV6</cusip>
        <identifiers>
          <isin value="US89602RKV68"/>
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        <balance>34565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35638170.66000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois (State of) Housing Development Authority (Stonebridge of Gurnee)</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois (State of) Housing Development Authority (Stonebridge of Gurnee), Series 2016 A, RB</title>
        <cusip>45203LCJ0</cusip>
        <identifiers>
          <isin value="US45203LCJ08"/>
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        <balance>1605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1594266.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington &amp; Multnomah Counties School District No. 48J Beaverton</name>
        <lei>N/A</lei>
        <title>Washington &amp; Multnomah Counties School District No. 48J Beaverton, Series 2025 A, GO Bonds</title>
        <cusip>9384292S5</cusip>
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          <isin value="US9384292S51"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>975056.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Hanover (County of), VA Economic Development Authority (Covenant Woods)</name>
        <lei>N/A</lei>
        <title>Hanover (County of), VA Economic Development Authority (Covenant Woods), Series 2018, Ref. RB</title>
        <cusip>41077CAS4</cusip>
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          <isin value="US41077CAS44"/>
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        <balance>5190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4938885.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah (State of) Charter School Finance Authority (Endeavour Hall)</name>
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          <isin value="US91754TEA79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chester (County of), PA Industrial Development Authority (Woodlands at Greystone)</name>
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        <cusip>16559WAC4</cusip>
        <identifiers>
          <isin value="US16559WAC47"/>
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        <balance>576000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>564540.71000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>City Center West Commercial Metropolitan District</name>
        <lei>N/A</lei>
        <title>City Center West Commercial Metropolitan District, Series 2026, GO Bonds</title>
        <cusip>17776WAC9</cusip>
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          <isin value="US17776WAC91"/>
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        <balance>5765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5418552.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cambridge Student Housing Financing Co. L.P.</name>
        <lei>N/A</lei>
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        <cusip>13251PAC7</cusip>
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          <isin value="US13251PAC77"/>
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        <balance>4501820.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>900.36000000</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>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
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        <cusip>05921PCA5</cusip>
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          <isin value="US05921PCA57"/>
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        <balance>1105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1111224.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>South Aurora Regional Improvement Authority</name>
        <lei>N/A</lei>
        <title>South Aurora Regional Improvement Authority, Series 2025, RB</title>
        <cusip>83637TAB9</cusip>
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          <isin value="US83637TAB98"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15212748.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Illinois (State of) Finance Authority (Villa St. Benedict)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <cusip>45203H3M2</cusip>
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          <isin value="US45203H3M20"/>
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        <balance>4400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4401133.44000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Millers Landing Business Improvement District</name>
        <lei>N/A</lei>
        <title>Millers Landing Business Improvement District, Series 2018 A, RB</title>
        <cusip>600681AA8</cusip>
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          <isin value="US600681AA84"/>
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        <balance>7575000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Revere at Johnstown Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Revere at Johnstown Metropolitan District No. 3, Series 2024 A, GO Bonds</title>
        <cusip>761401AA6</cusip>
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          <isin value="US761401AA67"/>
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        <balance>2337000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2344825.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Utah (State of) Charter School Finance Authority (The Freedom Academy Foundation)</name>
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        <title>Utah (State of) Charter School Finance Authority (The Freedom Academy Foundation), Series 2017, Ref. RB</title>
        <cusip>91754TUX9</cusip>
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          <isin value="US91754TUX98"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Norfolk (City of), VA Redevelopment &amp; Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor's Edge)</name>
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        <cusip>655909CN7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Ledge Rock Center Residential Metropolitan District No. 1</name>
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        <cusip>523279AB3</cusip>
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          <isin value="US523279AB36"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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        <name>California (State of) Public Finance Authority (Kendal at Ventura)</name>
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        <cusip>13057GAJ8</cusip>
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          <isin value="US13057GAJ85"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas (State of) Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
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        <cusip>88283NAR3</cusip>
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          <isin value="US88283NAR35"/>
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        <balance>2240000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442EEH9</cusip>
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          <isin value="US74442EEH99"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)</name>
        <lei>549300JZVUPNWP77SP29</lei>
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        <cusip>70879QWM1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Oklahoma (County of), OK Finance Authority (Astec)</name>
        <lei>549300KPR05JUN0F1289</lei>
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        <cusip>67868WAC3</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The))</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>Braddock Lakes Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>East Central Vermont Telecommunications District</name>
        <lei>549300UHVQS0JED3EZ33</lei>
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        <cusip>271524AU4</cusip>
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        <balance>4330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3579808.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Metropolitan Transportation Authority (Green Bonds)</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority (Green Bonds), Series 2024 A, Ref. RB</title>
        <cusip>59261A2J5</cusip>
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          <isin value="US59261A2J55"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20486678.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-11-15</maturityDt>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Million Air Three LLC General Aviation Facilities)</name>
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        <cusip>74446DAM0</cusip>
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          <isin value="US74446DAM02"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania (Commonwealth of) Housing Finance Agency</name>
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        <cusip>708797AN5</cusip>
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          <isin value="US708797AN57"/>
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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>2035-08-01</maturityDt>
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          <annualizedRt>3.60000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAT7</cusip>
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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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        <name>Columbus-Franklin County Finance Authority</name>
        <lei>549300NX3ODQN2ETOO82</lei>
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        <cusip>19910XAR7</cusip>
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          <isin value="US19910XAR70"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-01-01</maturityDt>
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      <invstOrSec>
        <name>Home Place Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>43733YAA7</cusip>
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          <isin value="US43733YAA73"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Texas (State of) Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
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        <cusip>88283NAW2</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>Sheridan Station West Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US823839AB17"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Independence (City of), MN (Spero Academy)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <cusip>74526QVA7</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Painted Prairie Public Improvement Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Pine View Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oquirrh Point Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
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        <cusip>68406AAC8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>School District of Philadelphia (The)</name>
        <lei>254900HSKDHZKBZCUL90</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Houston TX Hotel Occupancy Tax &amp; Special Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado (State of) Health Facilities Authority (Aberdeen Ridge)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (KSU Bixby Real Estate Foundation, LLC )</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah City West Public Infrastructure District No 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>I-470 Western Gateway Transportation Development District</name>
        <lei>N/A</lei>
        <title>I-470 Western Gateway Transportation Development District, Series 2019 A, RB</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Millers Landing Business Improvement District</name>
        <lei>N/A</lei>
        <title>Millers Landing Business Improvement District, Series 2018 B, RB</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Du Page (County of), IL Special Service Area No. 31 (Monarch Landing, Inc.)</name>
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        <cusip>26350TAB3</cusip>
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        <name>North Central Texas Housing Finance Corp. (Village of Kaufman Apartments)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio (City of), TX</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
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        <cusip>79625GGT4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) School Finance Authority (Kepler Neighborhood School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Washington Airports Authority</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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          <isin value="US592647KN06"/>
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        <valUSD>13516950.56000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado (State of) Health Facilities Authority (Intermountain Healthcare)</name>
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          <isin value="US19648FVJ01"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Glen Retirement System)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brainerd (City of), MN</name>
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          <isin value="US10501DAD66"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Floyd (County of), GA Development Authority (The Spires at Berry College)</name>
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        <cusip>343572AD5</cusip>
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          <isin value="US343572AD56"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Lochbuie Station Residential Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US53958UAC80"/>
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        <fairValLevel>2</fairValLevel>
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        <name>DeSoto (City of), TX (Danieldale Homestead)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>White Buffalo Metropolitan District No. 3</name>
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          <isin value="US96350BAC37"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlton Lakes Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Francisco (City &amp; County of), CA Airport Commission (San Francisco International Airport)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (State of) Dormitory Authority (Northwell Health Obligated Group)</name>
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        <cusip>65000B6L7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Tulsa (City of), OK Authority for Economic Opportunity (Vast Bank)</name>
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          <isin value="US899650AA30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAQ3</cusip>
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          <isin value="US74445QAQ38"/>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Fort Worth TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lake (County of), FL (Imagine South Lake Charter School Program)</name>
        <lei>N/A</lei>
        <title>Lake (County of), FL (Imagine South Lake Charter School Program), Series 2019, RB</title>
        <cusip>50825CAC5</cusip>
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          <isin value="US50825CAC55"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Marion (City of), IL (Star Bond District Project Area No. 1)</name>
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        <cusip>569498AA6</cusip>
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          <isin value="US569498AA68"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Better Waterworks, Inc.)</name>
        <lei>5493004WIZ1HV87IVF85</lei>
        <title>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Better Waterworks, Inc.), Series 2018 A, RB</title>
        <cusip>546284AD2</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana (State of) Finance Authority (Unidy Properties LLC)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Illinois (State of) Finance Authority (Admiral at the Lake (The))</name>
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        <cusip>45204EC48</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York (City of), NY Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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          <isin value="US64972GZS64"/>
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        <curCd>USD</curCd>
        <valUSD>21572595.56000000</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>2052-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chester (County of), PA Industrial Development Authority (Woodlands at Greystone)</name>
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        <cusip>16559WAB6</cusip>
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          <isin value="US16559WAB63"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Prosperity Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Prosperity Lakes Community Development District, Series 2026, RB</title>
        <cusip>74363HAF5</cusip>
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          <isin value="US74363HAF55"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>976932.30000000</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>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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        <name>New York (State of) Thruway Authority (Bidding Group 4)</name>
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        <title>New York (State of) Thruway Authority (Bidding Group 4), Series 2021 A-1, Ref. RB</title>
        <cusip>650028XQ1</cusip>
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          <isin value="US650028XQ11"/>
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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>2054-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Cottonwood Creek Metropolitan District No. 5</name>
        <lei>N/A</lei>
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        <cusip>221841AA7</cusip>
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          <isin value="US221841AA78"/>
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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>2055-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Columbus (City of), IN (Vivera Senior Living)</name>
        <lei>N/A</lei>
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        <cusip>19924PAA5</cusip>
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          <isin value="US19924PAA57"/>
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        <balance>11640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10692105.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Ohio (State of) Higher Educational Facility Commission (Hiram College)</name>
        <lei>5493007MQT6NGNN6BR81</lei>
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        <cusip>67756DGX8</cusip>
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          <isin value="US67756DGX84"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Lake (County of), FL (Imagine South Lake Charter School Program)</name>
        <lei>N/A</lei>
        <title>Lake (County of), FL (Imagine South Lake Charter School Program), Series 2019, RB</title>
        <cusip>50825CAD3</cusip>
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          <isin value="US50825CAD39"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527374.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado)</name>
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        <cusip>04052BJU9</cusip>
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          <isin value="US04052BJU98"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District)</name>
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        <cusip>61022CAD1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>Gateway at Sand Hollow Public Infrastructure District No. 1</name>
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        <cusip>367572AA2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio (State of) Housing Finance Agency (Silver Birch of Mansfield)</name>
        <lei>549300K10X7VPG6JVX38</lei>
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        <cusip>676900XJ7</cusip>
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          <isin value="US676900XJ75"/>
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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>6.00000000</annualizedRt>
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        <name>Murata Farms Residential Metropolitan District</name>
        <lei>N/A</lei>
        <title>Murata Farms Residential Metropolitan District, Series 2022, GO Bonds</title>
        <cusip>626424AA3</cusip>
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          <isin value="US626424AA32"/>
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        <balance>4205000.00000000</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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        <name>St. Paul (City of), MN Housing &amp; Redevelopment Authority (Great Northern Lofts)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Shelby (County of), TN Health, Educational &amp; Housing Facilities Board (Trezevant Manor)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Plaquemines Port Harbor &amp; Terminal District (NOLA Terminal LLC)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC)</name>
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          <isin value="US60733UAA97"/>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital &amp; South of Broad Healthcare)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74448UAB44"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (St. Tammany Parish Gomesa)</name>
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          <isin value="US54628CRM63"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Mishawaka (City of), IN (Silver Birch of Mishwaka)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Johnstown North Metropolitan District No. 2</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Fitzsimons Village Metropolitan District No. 3</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Montgomery (County of), PA Higher Education &amp; Health Authority (Pennsylvania LTC, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project)</name>
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        <cusip>04052BGZ1</cusip>
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        <name>City of Ennis TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of) (Rebuild Illinois Program)</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Carrollton-Farmers Branch Independent School District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Base Village Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cielo Metropolitan District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp. (Legacy Midtown Park)</name>
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        <cusip>64542UHN7</cusip>
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          <isin value="US64542UHN72"/>
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        <balance>1600000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-07-01</maturityDt>
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          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges)</name>
        <lei>N/A</lei>
        <title>Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges), Series 2022, RB</title>
        <cusip>70868YAY5</cusip>
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          <isin value="US70868YAY59"/>
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        <balance>11100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Energy Finance Development Corp.</name>
        <lei>254900PRGXZMJ912RI65</lei>
        <title>New York Energy Finance Development Corp., Series 2025, RB</title>
        <cusip>64947PAA4</cusip>
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          <isin value="US64947PAA49"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5108974.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds</title>
        <cusip>74514L3K1</cusip>
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          <isin value="US74514L3K10"/>
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        <balance>52.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51.82000000</valUSD>
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        <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>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York (State of) Dormitory Authority (White Plains Hospital Obligated Group)</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>65000B7X0</cusip>
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          <isin value="US65000B7X05"/>
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        <balance>4350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4393640.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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        <name>Port of Port Arthur Navigation District</name>
        <lei>N/A</lei>
        <title>Port of Port Arthur Navigation District, Series 2010, RB</title>
        <cusip>735220AX3</cusip>
        <identifiers>
          <isin value="US735220AX30"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
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      <invstOrSec>
        <name>West Virginia (State of) Economic Development Authority (Empire Green Gerenation LLC)</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia (State of) Economic Development Authority (Empire Green Gerenation LLC), Series 2023, RB</title>
        <cusip>95648VBN8</cusip>
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          <isin value="US95648VBN82"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18000000.00000000</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>9.50000000</annualizedRt>
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        <name>Lowry Crossing (City of), TX (Simpson Road Public Improvement)</name>
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        <cusip>54877WAD8</cusip>
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          <isin value="US54877WAD83"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1316404.57000000</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>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>New Hampshire (State of) Business Finance Authority (Megatel)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority (Megatel), Series 2025, RB</title>
        <cusip>63608TAN0</cusip>
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          <isin value="US63608TAN00"/>
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        <balance>18426000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10927041.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>City of Princeton TX</name>
        <lei>N/A</lei>
        <title>City of Princeton TX, Series 2026, RB</title>
        <cusip>742400EC4</cusip>
        <identifiers>
          <isin value="US742400EC47"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>866438.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Babcock Ranch Community Independent Special District</name>
        <lei>N/A</lei>
        <title>Babcock Ranch Community Independent Special District, Series 2026, RB</title>
        <cusip>05616KBY5</cusip>
        <identifiers>
          <isin value="US05616KBY55"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>984936.80000000</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>5.75000000</annualizedRt>
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        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TBG5</cusip>
        <identifiers>
          <isin value="US03843TBG58"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257214.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Montgomery (County of), PA Higher Education &amp; Health Authority (Thomas Jefferson University)</name>
        <lei>N/A</lei>
        <title>Montgomery (County of), PA Higher Education &amp; Health Authority (Thomas Jefferson University), Series 2022, Ref. RB</title>
        <cusip>613603G94</cusip>
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          <isin value="US613603G947"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6858208.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Nevada Department of Business &amp; Industry</name>
        <lei>N/A</lei>
        <title>State of Nevada Department of Business &amp; Industry, Series 2025, RB</title>
        <cusip>25457VBV7</cusip>
        <identifiers>
          <isin value="US25457VBV71"/>
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        <balance>10670000.00000000</balance>
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        <valUSD>6775450.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-02</maturityDt>
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          <annualizedRt>12.00000000</annualizedRt>
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        <name>Mulberry Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Mulberry Metropolitan District No. 2, Series 2022 B, GO Bonds</title>
        <cusip>62517NAB1</cusip>
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          <isin value="US62517NAB10"/>
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        <balance>2500000.00000000</balance>
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        <valUSD>2438766.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>Westchester County Local Development Corp.</name>
        <lei>549300KOSU8OC75V9238</lei>
        <title>Westchester County Local Development Corp., Series 2025, RB</title>
        <cusip>95737TFX9</cusip>
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          <isin value="US95737TFX90"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10869657.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wildwood (Cityof), Reserve Infrastructure Financing District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Floyd (County of), GA Development Authority (The Spires at Berry College)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Resort Core Public Infrastructure District No 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dawson Trails Metropolitan District No 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wildblue Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana (State of) Finance Authority (Irvington Community School)</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Reunion East Community Development District</name>
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          <isin value="US761311AG45"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Decatur (City of), TX (Paloma Trails Public Improvement District Area No. 1)</name>
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        <cusip>243340AF3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority, A Cooperative District (No. 2)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Invesco Intermediate Municipal ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Talon Pointe Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Centerra Metropolitan District No. 1 (In the City of Loveland)</name>
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          <isin value="US15200XAL73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>West Virginia (State of) Hospital Finance Authority (Vandalia Health Group)</name>
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        <cusip>956622X25</cusip>
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          <isin value="US956622X251"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Elora Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US290141AB61"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona (State of) Industrial Development Authority (Academies of Math &amp; Science)</name>
        <lei>N/A</lei>
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        <cusip>04052BGQ1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Texas (State of) Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
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        <balance>4760000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74447CAC3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Vista (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia (City of), PA Authority for Industrial Development (Children's Hospital of Philadelphia)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lowery Hills Community Development District (Assessment Area One)</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Gillett (City of), WI</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Pennsylvania (Commonwealth of) Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2025, Ref. RB</title>
        <cusip>708692CA4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) GDB Debt Recovery Authority</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PRHTA Custodial Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Pilot Point (City of), TX (Mobberly Public Improvement District)</name>
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        <name>Cambridge Student Housing Financing Co. L.P.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Houston (City of), TX</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>West Villages Improvement District (Develepmont Unit No. 10)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Resort Core Public Infrastructure District No 1</name>
        <lei>N/A</lei>
        <title>Resort Core Public Infrastructure District No 1, Series 2026, GO Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)</name>
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        <cusip>13080SMK7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Prairie Center Metropolitan District No. 3</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Essex (County of), NY Industrial Development Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Edinburg Economic Development Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Canutillo Independent School District/TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority (MTA Bridges &amp; Tunnels)</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <cusip>89602RFL4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (City of), NY Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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        <name>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Capital Trust Agency, Inc. (Advantage Academy of Hillsborough)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc. (Advantage Academy of Hillsborough), Series 2019 A, RB</title>
        <cusip>14054CCA5</cusip>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Atlanta GA Department of Aviation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alachua (County of), FL Housing Finance Authority (Woodland Park II)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spring Valley Community Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Authority (St.Johns Classical Academy, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>3rd and Havana Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Rock Mountain Resort Public Infrastructure District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado (State of) International Center Metropolitan District No. 8</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of) Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Branson (City of), MO Industrial Development Authority (Branson Hills Redevelopment)</name>
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        <title>Branson (City of), MO Industrial Development Authority (Branson Hills Redevelopment), Series 2005 A, RB</title>
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        <fairValLevel>3</fairValLevel>
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        <name>San Antonio Education Facilities Corp. (University of the Incarnate Word)</name>
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        <name>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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        <name>Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>City Center West Commercial Metropolitan District</name>
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          <isin value="US17776WAD74"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.25000000</annualizedRt>
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        <name>Los Angeles County Public Works Financing Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue, Series 2026, RB</title>
        <cusip>64972JS66</cusip>
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          <isin value="US64972JS667"/>
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        <valUSD>10558467.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Monroe County Industrial Development Corp. (St. Ann's Community)</name>
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        <title>Monroe County Industrial Development Corp. (St. Ann's Community), Series 2019, Ref. RB</title>
        <cusip>61075TUH9</cusip>
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          <isin value="US61075TUH93"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Hyde Park Community Development District No. 1</name>
        <lei>N/A</lei>
        <title>Hyde Park Community Development District No. 1, Series 2024 A, RB</title>
        <cusip>448642AG3</cusip>
        <identifiers>
          <isin value="US448642AG31"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>658656.06000000</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>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Michigan (State of) Finance Authority (Huron Academy)</name>
        <lei>54930022O46HOX5J1D14</lei>
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        <cusip>594479JU2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Lathrop (City of), CA (Community Facilities District No. 03-2)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Longhorn Village)</name>
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        <title>New Hope Cultural Education Facilities Finance Corp. (Longhorn Village), Series 2017, Ref. RB</title>
        <cusip>64542UDX9</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.)</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <cusip>57584X4P3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
        <lei>N/A</lei>
        <title>Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB</title>
        <cusip>05921PBU2</cusip>
        <identifiers>
          <isin value="US05921PBU21"/>
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        <balance>4350000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Crandall (City of), TX</name>
        <lei>N/A</lei>
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        <cusip>224384AH0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
        <lei>N/A</lei>
        <title>Baltimore (City of), MD (Convention Center Hotel), Series 2017, Ref. RB</title>
        <cusip>05921PCB3</cusip>
        <identifiers>
          <isin value="US05921PCB31"/>
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        <balance>2250000.00000000</balance>
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        <valUSD>2260022.63000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Mobile (City of), AL Improvement District (McGowin Park)</name>
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          <isin value="US607155AC27"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.)</name>
        <lei>549300NQVL49BTHOW391</lei>
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        <cusip>46245FAR5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prosperity Lakes Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana Public Facilities Authority (Acadiana Renaissance Charter Academy)</name>
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          <isin value="US546399UY07"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan (state of) Tobacco Settlement Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>594751AM1</cusip>
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          <isin value="US594751AM15"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School)</name>
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        <cusip>645912ET9</cusip>
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          <isin value="US645912ET93"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>BNC Metropolitan District No. 1</name>
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          <isin value="US05567BAR06"/>
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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>2047-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <name>Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.)</name>
        <lei>549300NQVL49BTHOW391</lei>
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        <cusip>46245FAP9</cusip>
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        <curCd>USD</curCd>
        <valUSD>716772.45000000</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>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CrossCreek Community Development District</name>
        <lei>N/A</lei>
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        <cusip>22757LAC6</cusip>
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          <isin value="US22757LAC63"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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        <name>Canyons Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Canyons Metropolitan District No. 3, Series 2021, GO Bonds</title>
        <cusip>13906FAB0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>New York (State of) Thruway Authority (Bidding Group 4)</name>
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        <cusip>650028XR9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Placer (County of), CA (Placer Corporate Center Assessment District No. 1)</name>
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        <cusip>725904EA0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Naturewalk Community Development District</name>
        <lei>N/A</lei>
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        <cusip>63902TAA1</cusip>
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          <isin value="US63902TAA16"/>
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        <valUSD>1651100.00000000</valUSD>
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        <fairValLevel>3</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74449CAE7</cusip>
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          <isin value="US74449CAE75"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.48114000</annualizedRt>
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        <name>Illinois (State of) Finance Authority (Admiral at the Lake (The))</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois (State of) Finance Authority (Admiral at the Lake (The)), Series 2017, Ref. RB</title>
        <cusip>45204EC22</cusip>
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          <isin value="US45204EC227"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Villa Park (Village of), IL (Garden Station Redevelopment)</name>
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        <cusip>927023AA9</cusip>
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          <isin value="US927023AA96"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-31</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project)</name>
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        <cusip>82652UAW2</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Rockdale Special Assessment</name>
        <lei>N/A</lei>
        <title>Rockdale Special Assessment, Series 2023, RB</title>
        <cusip>773100AA0</cusip>
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          <isin value="US773100AA09"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-07-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
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        <cusip>83704MFY7</cusip>
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          <isin value="US83704MFY75"/>
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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>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Firefly Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Firefly Public Infrastructure District No. 1, Series 2024 A-1, GO Bonds</title>
        <cusip>31816AAA4</cusip>
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          <isin value="US31816AAA43"/>
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        <curCd>USD</curCd>
        <valUSD>2399782.13000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina State Housing Finance &amp; Development Authority</name>
        <lei>N/A</lei>
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        <cusip>83712GCD9</cusip>
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          <isin value="US83712GCD97"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442ELF5</cusip>
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          <isin value="US74442ELF50"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1364044.59000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>Second Creek Farm Metropolitan District No. 4</name>
        <lei>N/A</lei>
        <title>Second Creek Farm Metropolitan District No. 4, Series 2024 A, Ref. GO Bonds</title>
        <cusip>81321DAB9</cusip>
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          <isin value="US81321DAB91"/>
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        <valUSD>1317498.94000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>Utah Housing Corp.</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp., Series 2026, RB</title>
        <cusip>917437L52</cusip>
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          <isin value="US917437L521"/>
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        <valUSD>15473854.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>Houston (City of), TX (United Airlines, Inc.)</name>
        <lei>N/A</lei>
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        <cusip>442349HY5</cusip>
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          <isin value="US442349HY56"/>
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        <balance>14000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14686025.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Highland Meadows Community Development District</name>
        <lei>N/A</lei>
        <title>Highland Meadows Community Development District, Series 2006 A, RB</title>
        <cusip>430375AA3</cusip>
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          <isin value="US430375AA38"/>
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        <balance>210000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Iowa (State of) Finance Authority (Lifespace Communities, Inc.)</name>
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        <cusip>46247SFF6</cusip>
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          <isin value="US46247SFF65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>Yamhill (County of), OR Hospital Authority (Friendsview)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (P.L.C. Charter Schools)</name>
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        <cusip>72177MRN9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio (State of) Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
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        <cusip>676900XS7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Lafayette (City of), IN (Glasswater Creek of Lafayette)</name>
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        <cusip>506309AB9</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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        <name>Indiana (State of) Housing &amp; Community Development Authority (Lake Meadows Assisted Living)</name>
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        <cusip>45506CAY3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Aubrey (City of), TX</name>
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          <isin value="US050197BX99"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.)</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.), Series 2017 A, Ref. RB</title>
        <cusip>451295YZ6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Baltimore (City of), MD (Centerwest Development)</name>
        <lei>N/A</lei>
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        <cusip>05923TBT5</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Forest Trace Metropolitan District No. 3</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Idaho (State of) Health Facilities Authority (St. Luke's Health ystem)</name>
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          <isin value="US451295H366"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-03-01</maturityDt>
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      <invstOrSec>
        <name>Tulsa Municipal Airport Trust Trustees</name>
        <lei>N/A</lei>
        <title>Tulsa Municipal Airport Trust Trustees, Series 2025, Ref. RB</title>
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          <isin value="US899661EN87"/>
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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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iowa (State of) Finance Authority (Riserville Holdings)</name>
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        <cusip>46247SBQ6</cusip>
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          <isin value="US46247SBQ66"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky Bond Development Corp.</name>
        <lei>N/A</lei>
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        <cusip>49121HAQ6</cusip>
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          <isin value="US49121HAQ65"/>
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        <curCd>USD</curCd>
        <valUSD>3045522.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge)</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB</title>
        <cusip>546399SZ0</cusip>
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          <isin value="US546399SZ00"/>
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        <balance>40830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41878085.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>West Villages Improvement District (Development Unit No. 8)</name>
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        <cusip>956454CC4</cusip>
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          <isin value="US956454CC40"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2479858.25000000</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>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Department of Aviation</name>
        <lei>N/A</lei>
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        <cusip>04780M8H5</cusip>
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          <isin value="US04780M8H51"/>
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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>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <cusip>74526QWV0</cusip>
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        <valUSD>140600.00000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>63608TBM1</cusip>
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          <isin value="US63608TBM18"/>
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        <balance>9575000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Illinois (State of) Finance Authority (Rosalind Franklin University)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <cusip>45204EVF2</cusip>
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          <isin value="US45204EVF23"/>
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        <balance>700000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Platte River Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>727810AA1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>Muegge Farms Metropolitan District No. 4</name>
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        <cusip>62477PAB4</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Anna (City of), TX</name>
        <lei>N/A</lei>
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        <cusip>035713AT3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools)</name>
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        <title>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools), Series 2023, RB</title>
        <cusip>56678RAP8</cusip>
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          <isin value="US56678RAP82"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Liberty Draw Metropolitan District No. 6</name>
        <lei>N/A</lei>
        <title>Liberty Draw Metropolitan District No. 6, Series 2023, GO Bonds</title>
        <cusip>53045HAA6</cusip>
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          <isin value="US53045HAA68"/>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2884735.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Resort Core Public Infrastructure District No 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Authority (Classical Academy of Sarasota (The))</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Denver (City &amp; County of), CO Health &amp; Hospital Authority</name>
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        <cusip>24918EEP1</cusip>
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          <isin value="US24918EEP16"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Broward (County of), FL</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US224384AC16"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Lee (County of), FL Industrial Development Authority (Preserve (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Social Certificates)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rocky Mountain Rail Park Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US774762AE85"/>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US049593AB23"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Palm Beach (County of), FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Princeton (City of), TX (Eastridge Public Improvement District)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (WFCS Portfolio)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442PRN7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Grace Christian School)</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2065-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TBE0</cusip>
        <identifiers>
          <isin value="US03843TBE01"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408263.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Muegge Farms Metropolitan District No. 4</name>
        <lei>N/A</lei>
        <title>Muegge Farms Metropolitan District No. 4, Series 2025 A, GO Bonds</title>
        <cusip>62477PAA6</cusip>
        <identifiers>
          <isin value="US62477PAA66"/>
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        <balance>5625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5646051.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Illinois (State of) Finance Authority (Admiral at the Lake (The))</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois (State of) Finance Authority (Admiral at the Lake (The)), Series 2017, Ref. RB</title>
        <cusip>45204EC55</cusip>
        <identifiers>
          <isin value="US45204EC557"/>
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        <balance>6825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5740881.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pilot Point (City of), TX (Mobberly Public Area No. 2)</name>
        <lei>N/A</lei>
        <title>Pilot Point (City of), TX (Mobberly Public Area No. 2), Series 2022, RB</title>
        <cusip>721614AF2</cusip>
        <identifiers>
          <isin value="US721614AF28"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4038303.60000000</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>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds), Series 2024, RB</title>
        <cusip>650116HQ2</cusip>
        <identifiers>
          <isin value="US650116HQ22"/>
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        <balance>34245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34413629.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois (State of)</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>Illinois (State of), Series 2024 C, GO Bonds</title>
        <cusip>452153MJ5</cusip>
        <identifiers>
          <isin value="US452153MJ52"/>
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        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17317376.00000000</valUSD>
        <pctVal>0.200303164063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Henderson (City of), NV Local Improvement District No. T-22 (Rainbow Canyon Phase II)</name>
        <lei>N/A</lei>
        <title>Henderson (City of), NV Local Improvement District No. T-22 (Rainbow Canyon Phase II), Series 2023, RB</title>
        <cusip>425208WV3</cusip>
        <identifiers>
          <isin value="US425208WV30"/>
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        <balance>1155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1129874.71000000</valUSD>
        <pctVal>0.013068809004</pctVal>
        <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>5.25000000</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>3rd and Havana Metropolitan District</name>
        <lei>N/A</lei>
        <title>3rd and Havana Metropolitan District, Series 2020 B, GO Bonds</title>
        <cusip>884134AC1</cusip>
        <identifiers>
          <isin value="US884134AC10"/>
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        <balance>1925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1897752.01000000</valUSD>
        <pctVal>0.021950538708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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 Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The))</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The)), Series 2022 A, RB</title>
        <cusip>64542UGF5</cusip>
        <identifiers>
          <isin value="US64542UGF57"/>
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        <balance>24685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25498676.84000000</valUSD>
        <pctVal>0.294932999692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kentucky Bond Development Corp.</name>
        <lei>N/A</lei>
        <title>Kentucky Bond Development Corp., Series 2026, RB</title>
        <cusip>49121HAR4</cusip>
        <identifiers>
          <isin value="US49121HAR49"/>
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        <balance>4845000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4682631.94000000</valUSD>
        <pctVal>0.054162131360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Midtown Metropoltan District</name>
        <lei>N/A</lei>
        <title>Midtown Metropoltan District, Series 2022 A-2, Ref. GO Bonds</title>
        <cusip>598072AF3</cusip>
        <identifiers>
          <isin value="US598072AF33"/>
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        <balance>11285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10550282.18000000</valUSD>
        <pctVal>0.122030895582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois (State of) Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois (State of) Finance Authority, Series 2017, Ref. RB</title>
        <cusip>45204EA57</cusip>
        <identifiers>
          <isin value="US45204EA577"/>
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        <balance>1783557.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53506.74000000</valUSD>
        <pctVal>0.000618891067</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crandall (City of), TX (River Ridge Public Improvement Disctrict Improvement Area #3)</name>
        <lei>N/A</lei>
        <title>Crandall (City of), TX (River Ridge Public Improvement Disctrict Improvement Area #3), Series 2025, RB</title>
        <cusip>224384AS6</cusip>
        <identifiers>
          <isin value="US224384AS67"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1220100.25000000</valUSD>
        <pctVal>0.014112411750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Lanterns Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Lanterns Metropolitan District No. 3, Series 2023 A-2, GO Bonds</title>
        <cusip>51654GAB2</cusip>
        <identifiers>
          <isin value="US51654GAB23"/>
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        <balance>3645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3170814.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey (State of) Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>New Jersey (State of) Health Care Facilities Financing Authority, Series 2018, RB</title>
        <cusip>64579YAA0</cusip>
        <identifiers>
          <isin value="US64579YAA01"/>
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        <balance>4820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3495405.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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 Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North)</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North), Series 2020, RB</title>
        <cusip>64542UFL3</cusip>
        <identifiers>
          <isin value="US64542UFL35"/>
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        <balance>12375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11655995.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority, Series 2026, RB</title>
        <cusip>20775DU91</cusip>
        <identifiers>
          <isin value="US20775DU914"/>
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        <balance>13750000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>HTA Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Waterstone Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Austin TX Airport System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Vista (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa (State of) Finance Authority (Lifespace Communities, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Hillsborough (County of), FL Aviation Authority (Tampa International Airport)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of) Metropolitan Pier &amp; Exposition Authority (McCormick Place Expansion)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Yamhill (County of), OR Hospital Authority (Friendsview Retirement Community)</name>
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          <isin value="US98464UAR77"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina (State of) Jobs-Economic Development Authority (Green Bonds)</name>
        <lei>5493006X47I9VG3DL112</lei>
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        <cusip>83704DAL0</cusip>
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          <isin value="US83704DAL01"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Colorado River Authority</name>
        <lei>549300QJFPW2NNBYR215</lei>
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          <isin value="US54811BX559"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4649146.20000000</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>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kalispel Tribe of Indians</name>
        <lei>N/A</lei>
        <title>Kalispel Tribe of Indians, Series 2018 B, RB</title>
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          <isin value="US48340PAU66"/>
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        <curCd>USD</curCd>
        <valUSD>1007419.90000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Show Low Bluff Community Facilities District (Assessment Area One)</name>
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        <cusip>825381AB2</cusip>
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          <isin value="US825381AB22"/>
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        <curCd>USD</curCd>
        <valUSD>116176.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group), Series 2018 A, Ref. RB</title>
        <cusip>83703FLP5</cusip>
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          <isin value="US83703FLP52"/>
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        <balance>8240000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 XX, RB</title>
        <cusip>74526QWD0</cusip>
        <identifiers>
          <isin value="US74526QWD05"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>626356.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Reno-Tahoe Airport Authority (Tahoe International Airport)</name>
        <lei>N/A</lei>
        <title>Reno-Tahoe Airport Authority (Tahoe International Airport), Series 2024, RB</title>
        <cusip>759874CK4</cusip>
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          <isin value="US759874CK40"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Phoenix (City of), AZ Industrial Development Authority (The) (Freedom Academy, Inc.)</name>
        <lei>549300A62PWFBDWB8332</lei>
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        <cusip>71885FEP8</cusip>
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          <isin value="US71885FEP80"/>
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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>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>St. James (Parish of), LA (Nustar Logistics, L.P.)</name>
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        <cusip>790103AW5</cusip>
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          <isin value="US790103AW53"/>
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        <balance>440000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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          <annualizedRt>6.35000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana (State of) Housing &amp; Community Development Authority (Glasswater Creek of Whitestown)</name>
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        <cusip>45506CAZ0</cusip>
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          <isin value="US45506CAZ05"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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          <isin value="US03843TBK60"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Northampton (County of), PA Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US663547AB36"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks)</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks), Series 2020, Ref. RB</title>
        <cusip>87638RKF3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Waxahachie (City of), TX</name>
        <lei>N/A</lei>
        <title>Waxahachie (City of), TX, Series 2015, RB</title>
        <cusip>94411PAE0</cusip>
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          <isin value="US94411PAE07"/>
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        <balance>5550000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Evan's Place Metropolitan District</name>
        <lei>N/A</lei>
        <title>Evan's Place Metropolitan District, Series 2020 A, GO Bonds</title>
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          <isin value="US299192AB03"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Parterre Metropolitan District No. 5</name>
        <lei>N/A</lei>
        <title>Parterre Metropolitan District No. 5, Series 2025 A, GO Bonds</title>
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          <isin value="US70211AAB17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
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          <isin value="US70879QV913"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8010642.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Bethel (City of), MN (Ecumen Obligated Group)</name>
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          <isin value="US08675RAV96"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-03-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Broadway-Fairview Transportation Development District</name>
        <lei>N/A</lei>
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          <isin value="US11144RAF10"/>
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        <curCd>USD</curCd>
        <valUSD>228000.00000000</valUSD>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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      <invstOrSec>
        <name>Parrish Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Lakes Community Development District, Series 2024, RB</title>
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          <isin value="US70183FAJ75"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.)</name>
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        <title>California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.), Series 2006 C, RB</title>
        <cusip>13016NCK8</cusip>
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          <isin value="US13016NCK81"/>
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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>2055-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Celina (City of), TX (Cross Creek Meadows Public Improvement District Improvement Area #1)</name>
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        <cusip>15114CGF5</cusip>
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          <isin value="US15114CGF59"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>West Villages Improvement District (Develepmont Unit No. 7)</name>
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        <cusip>956454BV3</cusip>
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          <isin value="US956454BV30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Salt Lake City (City of), UT</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.70000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (CABS)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74447TAD4</cusip>
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          <isin value="US74447TAD46"/>
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        <fairValLevel>2</fairValLevel>
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        <name>West Villages Improvement District (Develepmont Unit No. 2)</name>
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        <cusip>956454BQ4</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.)</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.), Series 2014 A, RB</title>
        <cusip>645912DT0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>6.30000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
        <title>Michigan Strategic Fund, Series 2026, RB</title>
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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>Mobile (County of), AL Industrial Development Authority (AM/NS Calvert LLC)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>Mariposa East Public Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Lee (County of), FL</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Baltimore (City of), MD (Convention Center Hotel)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Celebrate North Community Development Authority (Celebrate VA North)</name>
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        <cusip>15101JAC8</cusip>
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        <fairValLevel>3</fairValLevel>
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        <name>Parterre Metropolitan District No. 5</name>
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        <name>Kelso (City of), WA Housing Authority (Chinook &amp; Columbia Apartments)</name>
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        <cusip>488269AC5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Second Creek Farm Metropolitan District No. 3</name>
        <lei>N/A</lei>
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        <name>GLH Public Infrastructure District No. 1</name>
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        <name>Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Weems Neighborhood Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Six Mile Creek Community Development District (2023 Project Area)</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (Dickson Hollow Phase II)</name>
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        <cusip>97712JJX2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Greater Orlando Aviation Authority</name>
        <lei>549300CP6PUG5S184F61</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Plainfield (Town of), IN (Glasswater Creek of Plainfield)</name>
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        <cusip>72629VAA9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>St. Louis (County of), MO Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>79152CAQ6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Kalispel Tribe of Indians</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority (MTA Bridges &amp; Tunnels)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Travis County Development Authority (Longview 71 Public Improvement District Improvement Area No. 1)</name>
        <lei>N/A</lei>
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        <cusip>89441AAY3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Base Village Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Base Village Metropolitan District No. 2, Series 2016 A, Ref. GO Bonds</title>
        <cusip>069781AB8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Princeton (City of), TX (Eastridge Public Improvement District)</name>
        <lei>N/A</lei>
        <title>Princeton (City of), TX (Eastridge Public Improvement District), Series 2022, RB</title>
        <cusip>742400BW3</cusip>
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          <isin value="US742400BW38"/>
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        <balance>836000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>847541.98000000</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>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Red Bridge Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Red Bridge Public Infrastructure District No. 1, Series 2021 B, GO Bonds</title>
        <cusip>756423AD1</cusip>
        <identifiers>
          <isin value="US756423AD19"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503804.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Two Bridges Metropolitan District</name>
        <lei>N/A</lei>
        <title>Two Bridges Metropolitan District, Series 2018 B, GO Bonds</title>
        <cusip>90185TAB0</cusip>
        <identifiers>
          <isin value="US90185TAB08"/>
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        <balance>508000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>507477.67000000</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>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Murphy Creek Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Murphy Creek Metropolitan District No. 2, Series 2024 B, GO Bonds</title>
        <cusip>62665PAB6</cusip>
        <identifiers>
          <isin value="US62665PAB67"/>
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        <balance>2670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2593192.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pilot Point (City of), TX (Mobberly Public Area No. 2)</name>
        <lei>N/A</lei>
        <title>Pilot Point (City of), TX (Mobberly Public Area No. 2), Series 2022, RB</title>
        <cusip>721614AE5</cusip>
        <identifiers>
          <isin value="US721614AE52"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>412812.64000000</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>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
        <title>Northwest Independent School District, Series 2025, GO Bonds</title>
        <cusip>667826HG9</cusip>
        <identifiers>
          <isin value="US667826HG94"/>
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        <balance>8000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8241018.40000000</valUSD>
        <pctVal>0.095320564768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc. (Wonderful Foundations Charter School Portfolio)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc. (Wonderful Foundations Charter School Portfolio), Series 2020, RB</title>
        <cusip>14052WDK0</cusip>
        <identifiers>
          <isin value="US14052WDK09"/>
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        <balance>3250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2720813.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Norwood (City of), OH (Central Park)</name>
        <lei>5493000KZUQ48Z2VEE89</lei>
        <title>Norwood (City of), OH (Central Park), Series 2017, RB</title>
        <cusip>669679BH4</cusip>
        <identifiers>
          <isin value="US669679BH44"/>
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        <balance>1005000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1007035.43000000</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>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Cincinnati Classical Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Cincinnati Classical Academy), Series 2024, RB</title>
        <cusip>74443DLE9</cusip>
        <identifiers>
          <isin value="US74443DLE93"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1058429.90000000</valUSD>
        <pctVal>0.012242435453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Venice (City of), FL (Village on the Isle)</name>
        <lei>N/A</lei>
        <title>Venice (City of), FL (Village on the Isle), Series 2024 A, RB</title>
        <cusip>922687AD0</cusip>
        <identifiers>
          <isin value="US922687AD00"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>969205.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capital Projects Finance Authority (Navigator Academy of Leadership Obligated Group)</name>
        <lei>N/A</lei>
        <title>Capital Projects Finance Authority (Navigator Academy of Leadership Obligated Group), Series 2024, Ref. RB</title>
        <cusip>14043FAN6</cusip>
        <identifiers>
          <isin value="US14043FAN69"/>
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        <balance>7665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6613356.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Midlothian (City of), TX (Westside Preserve Public Improvement District)</name>
        <lei>N/A</lei>
        <title>Midlothian (City of), TX (Westside Preserve Public Improvement District), Series 2022, RB</title>
        <cusip>59785RAP2</cusip>
        <identifiers>
          <isin value="US59785RAP29"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1479220.20000000</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>2042-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Plano (City of), TX</name>
        <lei>N/A</lei>
        <title>Plano (City of), TX, Series 2023, RB</title>
        <cusip>727220AE5</cusip>
        <identifiers>
          <isin value="US727220AE55"/>
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        <balance>3050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3161668.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oregon (State of) Facilities Authority</name>
        <lei>N/A</lei>
        <title>Oregon (State of) Facilities Authority, Series 2025, Ref. RB</title>
        <cusip>68607AAR2</cusip>
        <identifiers>
          <isin value="US68607AAR23"/>
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        <balance>1245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1248598.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Neuweiler Lofts)</name>
        <lei>N/A</lei>
        <title>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Neuweiler Lofts), Series 2023, RB</title>
        <cusip>018444CB3</cusip>
        <identifiers>
          <isin value="US018444CB35"/>
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        <balance>7965000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8025508.51000000</valUSD>
        <pctVal>0.092827848039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Miami-Dade (County of), FL</name>
        <lei>N/A</lei>
        <title>Miami-Dade (County of), FL, Subseries 2021 B-1, Ref. RB</title>
        <cusip>59335KDL8</cusip>
        <identifiers>
          <isin value="US59335KDL89"/>
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        <balance>39465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34137749.88000000</valUSD>
        <pctVal>0.394857703325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Clackamas (County of), OR Hospital Facility Authority (Rose Villa)</name>
        <lei>N/A</lei>
        <title>Clackamas (County of), OR Hospital Facility Authority (Rose Villa), Series 2020 A, Ref. RB</title>
        <cusip>179027YN1</cusip>
        <identifiers>
          <isin value="US179027YN14"/>
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        <balance>2250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2173986.23000000</valUSD>
        <pctVal>0.025145629482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>Mulberry Metropolitan District No. 2</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)</name>
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          <isin value="US650116CV61"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QBD1</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lanterns Metropolitan District No. 3</name>
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        <cusip>51654GAC0</cusip>
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          <isin value="US51654GAC06"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <name>Waterford Estates Community Development District</name>
        <lei>N/A</lei>
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        <cusip>941386AC8</cusip>
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          <isin value="US941386AC88"/>
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        <curCd>USD</curCd>
        <valUSD>1822661.02000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Kalispell (City of), MT (Immanuel Living At Buffalo Hill)</name>
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        <cusip>48343AAA0</cusip>
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          <isin value="US48343AAA07"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ledge Rock Center Commercial Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US523278AD19"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
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        <cusip>340618DR5</cusip>
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          <isin value="US340618DR59"/>
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        <balance>20035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19714900.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Reno (City of), NV (ReTRAC - Reno Transportation Rail Access Corridor)</name>
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        <cusip>759861EJ2</cusip>
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          <isin value="US759861EJ20"/>
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        <valUSD>2226708.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lee County Industrial Development Authority/FL</name>
        <lei>N/A</lei>
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        <cusip>52349EEY2</cusip>
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          <isin value="US52349EEY23"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy)</name>
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        <cusip>74442EJK7</cusip>
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          <isin value="US74442EJK73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <cusip>97671VCX1</cusip>
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          <isin value="US97671VCX10"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Mariposa East Public Improvement District</name>
        <lei>N/A</lei>
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        <cusip>57025SAB5</cusip>
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          <isin value="US57025SAB51"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Remuda Ranch Metropolitan District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <cusip>74526QA93</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAY6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio (City of), TX</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
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        <cusip>79625GLU5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Verve Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Villages of Glen Creek Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alameda (City of), CA Corridor Transportation Authority</name>
        <lei>N/A</lei>
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        <cusip>010869JU0</cusip>
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          <isin value="US010869JU04"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program)</name>
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        <title>California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program), Series 2002 B, RB</title>
        <cusip>130923AR6</cusip>
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          <isin value="US130923AR65"/>
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        <curCd>USD</curCd>
        <valUSD>12063146.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Mesquite TX</name>
        <lei>N/A</lei>
        <title>City of Mesquite TX, Series 2025, RB</title>
        <cusip>590771BN0</cusip>
        <identifiers>
          <isin value="US590771BN09"/>
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        <balance>1526000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1514528.45000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Upper Illinois River Valley Development Authority</name>
        <lei>N/A</lei>
        <title>Upper Illinois River Valley Development Authority, Series 2025, RB</title>
        <cusip>91588LAT9</cusip>
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          <isin value="US91588LAT98"/>
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        <balance>12750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12329445.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana (State of) Housing &amp; Community Development Authority (Evergreen Village at Bloomington)</name>
        <lei>549300QRKDYVNHT1OE86</lei>
        <title>Indiana (State of) Housing &amp; Community Development Authority (Evergreen Village at Bloomington), Series 2016, RB</title>
        <cusip>45506CAQ0</cusip>
        <identifiers>
          <isin value="US45506CAQ06"/>
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        <balance>3640000.00000000</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>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Waterfront-30 E. Allen Street)</name>
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        <title>Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Waterfront-30 E. Allen Street), Series 2024, RB</title>
        <cusip>018444CF4</cusip>
        <identifiers>
          <isin value="US018444CF49"/>
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        <balance>1560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1597576.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Authority (Central Florida Preparatory School Project)</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority (Central Florida Preparatory School Project), Series 2024, RB</title>
        <cusip>14054WAX3</cusip>
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          <isin value="US14054WAX39"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474249.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <name>Capital Trust Agency, Inc. (Paragon Academy of Technology and Sunshine Elementary Charter School)</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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        <cusip>14054CBS7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2005 A-1, RB</title>
        <cusip>74445QBC3</cusip>
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          <isin value="US74445QBC33"/>
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        <balance>140331.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Brickyard Metropolitan District No 1</name>
        <lei>N/A</lei>
        <title>Brickyard Metropolitan District No 1, Series 2025, GO Bonds</title>
        <cusip>108020AB4</cusip>
        <identifiers>
          <isin value="US108020AB46"/>
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        <balance>3650000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>George L Smith II Congress Center Authority (Convention Center Hotel)</name>
        <lei>N/A</lei>
        <title>George L Smith II Congress Center Authority (Convention Center Hotel), Series 2021, RB</title>
        <cusip>37255MAF2</cusip>
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          <isin value="US37255MAF23"/>
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        <balance>4750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
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      <invstOrSec>
        <name>Capital Trust Authority (Plato Academy Schools)</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority (Plato Academy Schools), Series 2024, RB</title>
        <cusip>14054UAG4</cusip>
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          <isin value="US14054UAG40"/>
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        <balance>4170000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
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        <name>Illinois (State of) Finance Authority (Villa St. Benedict)</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois (State of) Finance Authority (Villa St. Benedict), Series 2015, Ref. RB</title>
        <cusip>45203H3N0</cusip>
        <identifiers>
          <isin value="US45203H3N03"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2005 A-1, RB</title>
        <cusip>74445QAX8</cusip>
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          <isin value="US74445QAX88"/>
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        <balance>155561.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.)</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.), Series 2014 A, RB</title>
        <cusip>645912DS2</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Housing &amp; Finance Authority</name>
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          <isin value="US37353PVK29"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lee (County of), FL Industrial Development Authority (Preserve)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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          <isin value="US74526QKU57"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego (County of), CA Regional Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US79739GNY88"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74442EPF15"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Uplands Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Celina (City of), TX (Mosaic Public Improvement District Phase #1)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Texas (State of) Transportation Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Grand Rapids Economic Development Corp. (Clark Retirement Community, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Diego (County of), CA Regional Airport Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Brainerd (City of), MN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (LA Posada at Pusch Ridge)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cuyahoga (County of), OH (MetroHealth System)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Hamilton Bluff Community Development District (Assessment Area One)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah (State of) Charter School Finance Authority (Esperanza Elementary School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana (State of) Local Government Environmental Facilities &amp; Community Development Authority (Glen Retirement System)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Parterre Metropolitan District No. 5</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Hutto (City of), TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Celina (City of), TX (Ten Mile Creek Public Improvement District Major Improvement Area)</name>
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        <cusip>15114CFV1</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools)</name>
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        <cusip>56678RAQ6</cusip>
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          <isin value="US56678RAQ65"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>3rd and Havana Metropolitan District</name>
        <lei>N/A</lei>
        <title>3rd and Havana Metropolitan District, Series 2020 A, GO Bonds</title>
        <cusip>884134AB3</cusip>
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          <isin value="US884134AB37"/>
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        <balance>5200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64972JS82</cusip>
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          <isin value="US64972JS824"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4741050.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
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        <cusip>650116HA7</cusip>
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          <isin value="US650116HA79"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-06-30</maturityDt>
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        <name>Central Texas Regional Mobility Authority</name>
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        <cusip>155498KQ0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
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        <cusip>340618DU8</cusip>
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          <isin value="US340618DU88"/>
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        <curCd>USD</curCd>
        <valUSD>62508075.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment)</name>
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        <title>New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&amp;D Redevelopment), Series 2020, RB</title>
        <cusip>650116DA1</cusip>
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          <isin value="US650116DA16"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.37500000</annualizedRt>
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        <name>MTA Hudson Rail Yards Trust Obligations</name>
        <lei>N/A</lei>
        <title>MTA Hudson Rail Yards Trust Obligations, Series 2016 A, RB</title>
        <cusip>62476RAB1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Maine (State of) Finance Authority (Casella Waste Systems, Inc.)</name>
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        <title>Maine (State of) Finance Authority (Casella Waste Systems, Inc.), Series 2024, Ref. RB</title>
        <cusip>56042CAY1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>White Buffalo Metropolitan District No. 3</name>
        <lei>N/A</lei>
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        <cusip>96350BAA7</cusip>
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          <isin value="US96350BAA70"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Southwestern Illinois Development Authority</name>
        <lei>549300B1KLLJ8NU5XK71</lei>
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        <cusip>84552YFD8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAV2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (State of) Thruway Authority (Group 5)</name>
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        <cusip>650028XT5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington (State of) Housing Finance Commission (Transforming Age)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Authority (Florida Institute of Technology)</name>
        <lei>N/A</lei>
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        <cusip>14054WBW4</cusip>
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          <isin value="US14054WBW47"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Downtown East Streetcar Sewer Public Infrastructure District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>San Francisco (City of), CA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nassau County Tobacco Settlement Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lee's Summit (City of), MO Industrial Development Authority (Summit Fair Community Improvement District)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lewisville (City of), TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)</name>
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        <name>Lewistown (City of), VA Commerce Center Community Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Montgomery (County of), PA Higher Education &amp; Health Authority (Pennsylvania LTC, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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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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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Jeffersonville (City of), IN (Vivera Senior Living)</name>
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        <cusip>475666AB9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Celina (City of), TX (Ten Mile Creek Public Improvement District Improvement Area #1)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tradition Community Development District No. 9</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Social Certificates)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Banning Lewis Ranch Metropolitan District No. 4</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority (MTA Bridges &amp; Tunnels)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Tempe Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Tempe Industrial Development Authority, Series 2025, RB</title>
        <cusip>87972MCA8</cusip>
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          <isin value="US87972MCA80"/>
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        <balance>3775000.00000000</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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          <maturityDt>2060-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Town Center at Palm Coast Community Development District</name>
        <lei>N/A</lei>
        <title>Town Center at Palm Coast Community Development District, Series 2005, RB</title>
        <cusip>892103AA0</cusip>
        <identifiers>
          <isin value="US892103AA04"/>
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        <balance>7925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7930632.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bella Mesa Metropolitan District</name>
        <lei>N/A</lei>
        <title>Bella Mesa Metropolitan District, Series 2024 B, GO Bonds</title>
        <cusip>07819PAB6</cusip>
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          <isin value="US07819PAB67"/>
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        <balance>2774000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2691268.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>La Paz (County of), AZ Industrial Development Authority (Kilgore)</name>
        <lei>N/A</lei>
        <title>La Paz (County of), AZ Industrial Development Authority (Kilgore), Series 2025, RB</title>
        <cusip>50376JAD1</cusip>
        <identifiers>
          <isin value="US50376JAD19"/>
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        <balance>8900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5072038.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2025 A, RB</title>
        <cusip>64542UHF4</cusip>
        <identifiers>
          <isin value="US64542UHF49"/>
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        <balance>11380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11985478.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sky Ranch Community Authority Board</name>
        <lei>N/A</lei>
        <title>Sky Ranch Community Authority Board, Series 2024 B, GO Bonds</title>
        <cusip>83086FAR0</cusip>
        <identifiers>
          <isin value="US83086FAR01"/>
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        <balance>529000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512927.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TCG4</cusip>
        <identifiers>
          <isin value="US03843TCG40"/>
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        <balance>1680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>480948.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minneapolis (City of), MN (Spero Academy)</name>
        <lei>54930069TEI1INHRHS55</lei>
        <title>Minneapolis (City of), MN (Spero Academy), Series 2017 A, RB</title>
        <cusip>60375CAQ7</cusip>
        <identifiers>
          <isin value="US60375CAQ78"/>
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        <balance>4740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4508805.55000000</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>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Spring Valley Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Spring Valley Metropolitan District No. 3, Series 2025 B, Ref. GO Bonds</title>
        <cusip>85009TAR9</cusip>
        <identifiers>
          <isin value="US85009TAR95"/>
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        <balance>1019000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989859.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts, Series 2026, GO Bonds</title>
        <cusip>57582TJL7</cusip>
        <identifiers>
          <isin value="US57582TJL70"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4164724.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Atlantic Park Community Development Authority</name>
        <lei>N/A</lei>
        <title>Atlantic Park Community Development Authority, Series 2023, RB</title>
        <cusip>04877YAA5</cusip>
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          <isin value="US04877YAA55"/>
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        <balance>16420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15739832.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>New York Transportation Development Corp. (John F. Kennedy International Airport) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (John F. Kennedy International Airport) (Green Bonds), Series 2023, RB</title>
        <cusip>650116HY5</cusip>
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          <isin value="US650116HY55"/>
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        <balance>11055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11102442.53000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB</title>
        <cusip>74526QKW1</cusip>
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          <isin value="US74526QKW14"/>
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        <balance>3680000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arkansas (State of) Development Finance Authority (Green Bonds)</name>
        <lei>N/A</lei>
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        <cusip>04110FAA3</cusip>
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          <isin value="US04110FAA30"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10093360.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>Sterling Ranch Community Authority Board</name>
        <lei>N/A</lei>
        <title>Sterling Ranch Community Authority Board, Series 2024 A, Ref. RB</title>
        <cusip>85950NAW0</cusip>
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          <isin value="US85950NAW02"/>
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        <balance>935000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>University of Puerto Rico</name>
        <lei>N/A</lei>
        <title>University of Puerto Rico, Series 2006 Q, RB</title>
        <cusip>914811PR9</cusip>
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          <isin value="US914811PR94"/>
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        <balance>1025000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Collier (County of), FL Industrial Development Authority (Gulf Coast Academy South)</name>
        <lei>N/A</lei>
        <title>Collier (County of), FL Industrial Development Authority (Gulf Coast Academy South), Series 2017 A, RB</title>
        <cusip>194639AE0</cusip>
        <identifiers>
          <isin value="US194639AE04"/>
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        <balance>1875000.00000000</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>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Pima (County of), AZ Industrial Development Authority (The) (Baren Academy Project Refunding)</name>
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        <name>Wisconsin (State of) Public Finance Authority (Alpha Ranch)</name>
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        <name>Hickory Chase Community Authority (Senior Bonds)</name>
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        <name>Tempe (City of), AZ Industrial Development Authority (Accel)</name>
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        <name>Point Phase 1 Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Santa Fe Park Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canyon Pines Metropolitan District</name>
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          <isin value="US138867AD88"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Ranches at Lake Mcleod Community Development District (Assessment Area Two)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Mobile AL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Invesco Rochester High Yield Municipal ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>California (State of) Municipal Finance Authority (Westside Neighborhood School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Coastal Ridge Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Authority (Classical Academy of Sarasota (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Authority (Plato Academy Schools)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stone Canyon Community Improvement District (Infrastructure Improvement)</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Suffolk Regional Off-Track Betting Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Traders Point Christian Schools)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chester (County of), PA Industrial Development Authority (Hickman (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palisade Metropolitan District No. 2</name>
        <lei>N/A</lei>
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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>Point Phase 1 Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Montessori Academy</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) County Tobacco Securitization Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project)</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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        <name>Monroe County Industrial Development Corp. (Eugenio Maria De Hostos Charter School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Thomas Ranch)</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>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (Aspirus, Inc. Obligated Group)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Kyle TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Mclendon-Chisholm TX</name>
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        <cusip>582153BK7</cusip>
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          <isin value="US582153BK72"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego (County of), CA Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego (County of), CA Regional Airport Authority, Series 2023 B, RB</title>
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          <isin value="US79739GRK49"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5043418.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chester (County of), PA Health &amp; Education Facilities Authority (Main Line Health System)</name>
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        <title>Chester (County of), PA Health &amp; Education Facilities Authority (Main Line Health System), Series 2020 A, RB</title>
        <cusip>16557HFM2</cusip>
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          <isin value="US16557HFM25"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <cusip>87638RHM2</cusip>
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          <isin value="US87638RHM25"/>
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        <curCd>USD</curCd>
        <valUSD>2501250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
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        <cusip>74529JPX7</cusip>
        <identifiers>
          <isin value="US74529JPX71"/>
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        <balance>37151000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36054491.95000000</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>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Soleil Hills Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Soleil Hills Public Infrastructure District No. 1, Series 2025, GO Bonds</title>
        <cusip>834201AB1</cusip>
        <identifiers>
          <isin value="US834201AB14"/>
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        <balance>1100000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group)</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin (State of) Health &amp; Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group), Series 2017, Ref. RB</title>
        <cusip>97712DZF6</cusip>
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          <isin value="US97712DZF67"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2360949.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority (Santa Clara)</name>
        <lei>N/A</lei>
        <title>Silicon Valley Tobacco Securitization Authority (Santa Clara), Series 2007 A, RB</title>
        <cusip>82706TAF8</cusip>
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          <isin value="US82706TAF84"/>
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        <balance>58990000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Richmond (City of), VA Redevelopment &amp; Housing Authority</name>
        <lei>N/A</lei>
        <title>Richmond (City of), VA Redevelopment &amp; Housing Authority, Series 2017, RB</title>
        <cusip>765411AB9</cusip>
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          <isin value="US765411AB99"/>
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        <valUSD>1968051.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55000000</annualizedRt>
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        <name>V-Dana Community Development District (Assessment Area Two - 2023 Project Area)</name>
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        <title>V-Dana Community Development District (Assessment Area Two - 2023 Project Area), Series 2023, RB</title>
        <cusip>91822RAK1</cusip>
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          <isin value="US91822RAK14"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Palm Beach (County of), FL</name>
        <lei>N/A</lei>
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        <cusip>696547JA7</cusip>
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          <isin value="US696547JA79"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>Panorama Public Infrastructure District No 1</name>
        <lei>N/A</lei>
        <title>Panorama Public Infrastructure District No 1, Series 2025 B, GO Bonds</title>
        <cusip>69862YAB3</cusip>
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          <isin value="US69862YAB39"/>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Education Facilities Corp. (University of the Incarnate Word)</name>
        <lei>N/A</lei>
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        <cusip>796247DK7</cusip>
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          <isin value="US796247DK74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Harris County Hospital District</name>
        <lei>N/A</lei>
        <title>Harris County Hospital District, Series 2025, GO Bonds</title>
        <cusip>41415UCD6</cusip>
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          <isin value="US41415UCD63"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Monroe County Industrial Development Corp. (Eugenio Maria De Hostos Charter School)</name>
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        <title>Monroe County Industrial Development Corp. (Eugenio Maria De Hostos Charter School), Series 2024, RB</title>
        <cusip>61075TXV5</cusip>
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          <isin value="US61075TXV50"/>
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        <fairValLevel>2</fairValLevel>
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        <name>St. James (Parish of), LA (Nustar Logistics, L.P.)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California (State of) School Finance Authority (Grimmway Schools Obligated Group)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Children's Trust Fund</name>
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          <isin value="US16876QBK40"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.)</name>
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        <cusip>64542UAG9</cusip>
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          <isin value="US64542UAG94"/>
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        <curCd>USD</curCd>
        <valUSD>1300024.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>California (State of) Municipal Finance Authority (Linxs APM)</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048VCD8</cusip>
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          <isin value="US13048VCD82"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Celina (City of), TX</name>
        <lei>N/A</lei>
        <title>Celina (City of), TX, Series 2025, RB</title>
        <cusip>15114CKV5</cusip>
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          <isin value="US15114CKV53"/>
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        <curCd>USD</curCd>
        <valUSD>815652.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Denver (City &amp; County of), CO</name>
        <lei>N/A</lei>
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        <cusip>249182QY5</cusip>
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          <isin value="US249182QY54"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6054750.10000000</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>2053-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <name>Lee (County of), FL Industrial Development Authority (Preserve (The))</name>
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        <cusip>52349EDP2</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Texas State Technical College</name>
        <lei>N/A</lei>
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        <cusip>88276RFJ6</cusip>
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          <isin value="US88276RFJ68"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Florida Development Finance Corp. (Brightline West Passenger Rail)</name>
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        <cusip>340618EB9</cusip>
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          <isin value="US340618EB98"/>
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        <curCd>USD</curCd>
        <valUSD>27690000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>12.00000000</annualizedRt>
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        <name>Cobb (County of), GA Development Authority (The) (Northwest Classical Academy)</name>
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        <cusip>190779AJ7</cusip>
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          <isin value="US190779AJ72"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <name>Metropolitan Washington Airports Authority</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority, Series 2019 B, Ref. RB</title>
        <cusip>592643DF4</cusip>
        <identifiers>
          <isin value="US592643DF41"/>
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        <valUSD>9347310.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Texas (State of) Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
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        <cusip>88283NAT9</cusip>
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          <isin value="US88283NAT90"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>10th &amp; Main Public Infrastructure District (10th &amp; Main Assessment Area)</name>
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        <cusip>88075DAA4</cusip>
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          <isin value="US88075DAA46"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Legends Bay Community Development District</name>
        <lei>N/A</lei>
        <title>Legends Bay Community Development District, Series 2007 A, RB</title>
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          <isin value="US52468BAA98"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.87500000</annualizedRt>
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        <name>Downtown Revitalization Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Downtown Revitalization Public Infrastructure District, Series 2025, RB</title>
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          <isin value="US26118TBV17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Nassau County Tobacco Settlement Corp.</name>
        <lei>N/A</lei>
        <title>Nassau County Tobacco Settlement Corp., Series 2006 A-3, RB</title>
        <cusip>63166MCA5</cusip>
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          <isin value="US63166MCA53"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Olympia Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
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        <cusip>681483AA1</cusip>
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          <isin value="US681483AA19"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <cusip>74514L3M7</cusip>
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          <isin value="US74514L3M75"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Clark (County of), NV (Special Improvement District No. 128)</name>
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        <cusip>181003HZ0</cusip>
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          <isin value="US181003HZ07"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>734225.24000000</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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>St. Vrain Lakes Metropolitan District No. 4</name>
        <lei>N/A</lei>
        <title>St. Vrain Lakes Metropolitan District No. 4, Series 2024 A, GO Bonds</title>
        <cusip>85237KAA9</cusip>
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          <isin value="US85237KAA97"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2621933.30000000</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>2054-09-20</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus)</name>
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        <title>Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus), Series 2017, Ref. RB</title>
        <cusip>378286JN9</cusip>
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          <isin value="US378286JN90"/>
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        <balance>3100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2621852.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Princeton (City of), TX (Sicily Public Improvement District Improvement Area No. 1)</name>
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        <cusip>742400CF9</cusip>
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          <isin value="US742400CF95"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2375028.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ridgewood Trails Community Development District</name>
        <lei>N/A</lei>
        <title>Ridgewood Trails Community Development District, Series 2007 A, RB</title>
        <cusip>76628LAA3</cusip>
        <identifiers>
          <isin value="US76628LAA35"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100068.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indigo Community Development District</name>
        <lei>N/A</lei>
        <title>Indigo Community Development District, Series 2005, RB</title>
        <cusip>45567RAD2</cusip>
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          <isin value="US45567RAD26"/>
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        <balance>2775418.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2220335.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina (State of) Jobs-Economic Development Authority (Oceanside Collegiate Academy)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina (State of) Jobs-Economic Development Authority (Oceanside Collegiate Academy), Series 2024, Ref. RB</title>
        <cusip>83704MEL6</cusip>
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          <isin value="US83704MEL63"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2135339.28000000</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>2054-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Crossing Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Colorado Crossing Metropolitan District No. 2, Series 2020 B, GO Bonds</title>
        <cusip>19645YAE6</cusip>
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          <isin value="US19645YAE68"/>
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        <balance>3490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3416928.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Virginia Economic Development Authority</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority, Series 2020, RB</title>
        <cusip>95649CAA8</cusip>
        <identifiers>
          <isin value="US95649CAA80"/>
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        <balance>9320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4753200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy), Series 2019, RB</title>
        <cusip>74442EEG1</cusip>
        <identifiers>
          <isin value="US74442EEG17"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474678.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
        <title>Ohio Housing Finance Agency, Series 2026, RB</title>
        <cusip>676900YT4</cusip>
        <identifiers>
          <isin value="US676900YT49"/>
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        <balance>1925000.00000000</balance>
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        <valUSD>1937381.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DeSoto Independent School District</name>
        <lei>N/A</lei>
        <title>DeSoto Independent School District, Series 2025, GO Bonds</title>
        <cusip>241722HD2</cusip>
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          <isin value="US241722HD21"/>
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        <balance>17530000.00000000</balance>
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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>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Timnath Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>South Timnath Metropolitan District No. 1, Series 2019 B, GO Bonds</title>
        <cusip>84056MAB4</cusip>
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          <isin value="US84056MAB46"/>
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        <balance>2208000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-15</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>Palm Beach (County of), FL</name>
        <lei>N/A</lei>
        <title>Palm Beach (County of), FL, Series 2025, RB</title>
        <cusip>696547HW1</cusip>
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          <isin value="US696547HW18"/>
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        <balance>4500000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Series 2026, RB</title>
        <cusip>74442P4H5</cusip>
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          <isin value="US74442P4H50"/>
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        <balance>5500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Resort Core Public Infrastructure District No 1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>St. Louis (City of), MO Land Clearance for Redevelopment Authority (Scottrade Center)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wildwood (City of), FL Village Community Development Disctrict No. 15</name>
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        <lei>5493004S6D3NA627K012</lei>
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        <name>Wisconsin (State of) Public Finance Authority (Capitol Encore Academy (The))</name>
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        <name>Sterling Ranch Community Authority Board</name>
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        <name>Ledge Rock Center Commercial Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
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          <isin value="US03843TCJ88"/>
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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>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Spring Valley Metropolitan District No. 4</name>
        <lei>N/A</lei>
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          <isin value="US85009UAC99"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (ACCEL Schools)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (ACCEL Schools), Series 2018 A, RB</title>
        <cusip>04052BGJ7</cusip>
        <identifiers>
          <isin value="US04052BGJ70"/>
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        <balance>2515000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Compark Business Campus Metropolitan District Subdistrict</name>
        <lei>N/A</lei>
        <title>Compark Business Campus Metropolitan District Subdistrict, Series 2025, GO Bonds</title>
        <cusip>20450SAA9</cusip>
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          <isin value="US20450SAA96"/>
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        <balance>18500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (21st Century Public Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74446LAC4</cusip>
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          <isin value="US74446LAC46"/>
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        <curCd>USD</curCd>
        <valUSD>1114656.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority (Green Bonds)</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority (Green Bonds), Series 2020 C-1, RB</title>
        <cusip>59261AG35</cusip>
        <identifiers>
          <isin value="US59261AG351"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14941950.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pilot Point (City of), TX (Creekview Public Improvement District Zone A)</name>
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        <cusip>721614AK1</cusip>
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          <isin value="US721614AK13"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>810225.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports, Series 2026, RB</title>
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          <isin value="US544446BZ98"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10498420.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <cusip>57585BYJ1</cusip>
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          <isin value="US57585BYJ15"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Mountain Sky Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US62427HAA59"/>
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        <balance>958000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
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        <name>Wisconsin (State of) Public Finance Authority (Mater Academy of Nevada - East Las Vegas Campus)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442ELV0</cusip>
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          <isin value="US74442ELV01"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
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        <name>Wisconsin (State of) Public Finance Authority (21st Century Public Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74446LAB6</cusip>
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          <isin value="US74446LAB62"/>
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        <balance>760000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Brainerd (City of), MN</name>
        <lei>N/A</lei>
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        <cusip>10501DAF1</cusip>
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          <isin value="US10501DAF15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-05-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Lee FL Airport Revenue</name>
        <lei>N/A</lei>
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          <isin value="US523470JL73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Harvey (City of), IL</name>
        <lei>N/A</lei>
        <title>Harvey (City of), IL, Series 2023 A, GO Bonds</title>
        <cusip>417704GG2</cusip>
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          <isin value="US417704GG27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
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        <name>Knox (County of), TN Health, Educational &amp; Housing Facility Board (University of Tennessee)</name>
        <lei>N/A</lei>
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        <cusip>499526BJ9</cusip>
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          <isin value="US499526BJ98"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority, Series 2018 A, RB</title>
        <cusip>91754TXC2</cusip>
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          <isin value="US91754TXC25"/>
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        <balance>1945000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Pima (County of), AZ Industrial Development Authority (The) (LA Posada at Pusch Ridge)</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>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah (State of) Charter School Finance Authority (The Freedom Academy Foundation)</name>
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        <cusip>91754TUW1</cusip>
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          <isin value="US91754TUW16"/>
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        <curCd>USD</curCd>
        <valUSD>5800215.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Lehigh (County of), PA (Lehigh Valley Health Network)</name>
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        <cusip>52480GDW1</cusip>
        <identifiers>
          <isin value="US52480GDW15"/>
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        <curCd>USD</curCd>
        <valUSD>3883265.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Hillsborough (County of), FL Industrial Development Authority (Baycare Health System)</name>
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        <title>Hillsborough (County of), FL Industrial Development Authority (Baycare Health System), Series 2024 C, Ref. RB</title>
        <cusip>43233KAW4</cusip>
        <identifiers>
          <isin value="US43233KAW45"/>
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        <balance>30000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31394493.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2005 A-1, RB</title>
        <cusip>74445QAL4</cusip>
        <identifiers>
          <isin value="US74445QAL41"/>
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        <balance>133804.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>894.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wisconsin (State of) Public Finance Authority (Candela)</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority (Candela), Series 2023, RB</title>
        <cusip>74447TAC6</cusip>
        <identifiers>
          <isin value="US74447TAC62"/>
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        <balance>2619000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2641480.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>New York Counties Tobacco Trust V</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust V, Series 2005 S4B, RB</title>
        <cusip>649441AE2</cusip>
        <identifiers>
          <isin value="US649441AE21"/>
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        <balance>234000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10003032.00000000</valUSD>
        <pctVal>0.115701071561</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Palomar Health</name>
        <lei>N/A</lei>
        <title>Palomar Health, Series 2017, Ref. RB</title>
        <cusip>697528AU1</cusip>
        <identifiers>
          <isin value="US697528AU18"/>
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        <balance>5035000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4889644.08000000</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>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Riverwalk Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Riverwalk Metropolitan District No. 2, Series 2022 B, RB</title>
        <cusip>769504AD3</cusip>
        <identifiers>
          <isin value="US769504AD30"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4865304.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <cusip>87638RHT7</cusip>
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          <isin value="US87638RHT77"/>
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        <balance>6010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5010837.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>Olympia Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Olympia Public Infrastructure District No. 1, Series 2024 B, GO Bonds</title>
        <cusip>681483AB9</cusip>
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          <isin value="US681483AB91"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>Northern Mariana Islands (Commonwealth of)</name>
        <lei>N/A</lei>
        <title>Northern Mariana Islands (Commonwealth of), Series 2007 B, Ref. GO Bonds</title>
        <cusip>66537EBA9</cusip>
        <identifiers>
          <isin value="US66537EBA91"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TBD2</cusip>
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          <isin value="US03843TBD28"/>
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        <balance>1680000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>City of Shakopee MN Senior Housing Revenue</name>
        <lei>N/A</lei>
        <title>City of Shakopee MN Senior Housing Revenue, Series 2025, Ref. RB</title>
        <cusip>81919TAF3</cusip>
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          <isin value="US81919TAF30"/>
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        <balance>3000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>NS Public Infrastructure No. 2</name>
        <lei>N/A</lei>
        <title>NS Public Infrastructure No. 2, Series 2024 A-1, GO Bonds</title>
        <cusip>62948SAA1</cusip>
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          <isin value="US62948SAA15"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>Washington &amp; Multnomah Counties School District No. 48J Beaverton</name>
        <lei>N/A</lei>
        <title>Washington &amp; Multnomah Counties School District No. 48J Beaverton, Series 2025 A, GO Bonds</title>
        <cusip>9384292R7</cusip>
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          <isin value="US9384292R78"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2071535.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TCH2</cusip>
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          <isin value="US03843TCH23"/>
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        <balance>1680000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Carolina (State of) Medical Care Commission (Novant Health Obligated Group)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Hampshire (State of) Business Finance Authority (University Hospitals Home Care Services, Inc.)</name>
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        <cusip>63610JAB4</cusip>
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          <isin value="US63610JAB44"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>Mishawaka (City of), IN</name>
        <lei>N/A</lei>
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        <cusip>604786AC7</cusip>
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          <isin value="US604786AC70"/>
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        <curCd>USD</curCd>
        <valUSD>16456954.89000000</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>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Villages of Glen Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Villages of Glen Creek Community Development District, Series 2016 A-2, RB</title>
        <cusip>92716AAD1</cusip>
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          <isin value="US92716AAD19"/>
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        <balance>1315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1315174.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oklahoma (State of) Ordnance Works Authority (Ralston Purina Co.)</name>
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          <isin value="US67907NAA00"/>
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        <valUSD>100000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>South Carolina (State of) Jobs-Economic Development Authority (Greer Preparatory Academy Project)</name>
        <lei>5493006X47I9VG3DL112</lei>
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        <cusip>83704MEP7</cusip>
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          <isin value="US83704MEP77"/>
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        <valUSD>2283031.16000000</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>2045-06-15</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue, Series 2023, RB</title>
        <cusip>64972JCG1</cusip>
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          <isin value="US64972JCG13"/>
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        <curCd>USD</curCd>
        <valUSD>20085092.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442ENA4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.37500000</annualizedRt>
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        <name>Georgetown (City of), CT Special Taxing District</name>
        <lei>N/A</lei>
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        <cusip>373022AA0</cusip>
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          <isin value="US373022AA03"/>
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        <balance>470000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2023 B, RB</title>
        <cusip>74448GAB5</cusip>
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        <balance>28425000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAK6</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
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        <cusip>03843TBC4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-01</maturityDt>
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        <name>Middleton Community Development District A</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Wisconsin (State of) Public Finance Authority, Series 2005 A-1, RB</title>
        <cusip>74445QAE0</cusip>
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          <isin value="US74445QAE08"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
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        <cusip>594715AK0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.50000000</annualizedRt>
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        <name>NS Public Infrastructure No. 2</name>
        <lei>N/A</lei>
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          <isin value="US62948SAB97"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Providence Village (Town of), TX (Foree Ranch Public Improvement District Improvement Area No. 2)</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>PV-ERU Holding Trust</name>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan (State of)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amelia Concourse Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Calplant I, LLC</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Louisiana Public Facilities Authority (Acadiana Renaissance Charter Academy)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Marietta (City of), GA Developing Authority (Life University, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp. (Legacy Preparatory Charter Academy)</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Creekside Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Castleview Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Castleview Metropolitan District No. 1, Series 2021 A, GO Bonds</title>
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          <isin value="US14860EAA73"/>
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        <balance>4720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3814151.29000000</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>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Red River Education Finance Corp. (Houston Baptist University)</name>
        <lei>N/A</lei>
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        <cusip>756870BE0</cusip>
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          <isin value="US756870BE07"/>
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        <balance>17800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17799403.70000000</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>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Cleveland (City of) &amp; Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation)</name>
        <lei>549300KI3FXFLUKF3A98</lei>
        <title>Cleveland (City of) &amp; Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation), Series 2018, Ref. RB</title>
        <cusip>18610PAU2</cusip>
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          <isin value="US18610PAU21"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>825624.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Interquest South Business Improvement District</name>
        <lei>N/A</lei>
        <title>Interquest South Business Improvement District, Series 2017, GO Bonds</title>
        <cusip>46072EAB1</cusip>
        <identifiers>
          <isin value="US46072EAB11"/>
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        <balance>1365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1292696.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)</name>
        <lei>N/A</lei>
        <title>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB</title>
        <cusip>509893AD5</cusip>
        <identifiers>
          <isin value="US509893AD54"/>
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        <balance>1930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1800115.05000000</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>2053-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>Mobile (County of), AL (Gomessa)</name>
        <lei>N/A</lei>
        <title>Mobile (County of), AL (Gomessa), Series 2020, Revenue Wts.</title>
        <cusip>607341AG9</cusip>
        <identifiers>
          <isin value="US607341AG93"/>
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        <balance>2245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2005019.83000000</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>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mirabelle Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Mirabelle Metropolitan District No. 2, Series 2025 B, Ref. GO Bonds</title>
        <cusip>60458HAX1</cusip>
        <identifiers>
          <isin value="US60458HAX17"/>
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        <balance>3100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3004682.13000000</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>2049-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) School Finance Authority (Escuela Popular)</name>
        <lei>N/A</lei>
        <title>California (State of) School Finance Authority (Escuela Popular), Series 2017, RB</title>
        <cusip>13059THU6</cusip>
        <identifiers>
          <isin value="US13059THU60"/>
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        <balance>1865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1632558.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Port Authority</name>
        <lei>254900JRR8IDSSKWCL90</lei>
        <title>Massachusetts Port Authority, Series 2026, RB</title>
        <cusip>575896C60</cusip>
        <identifiers>
          <isin value="US575896C603"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10446086.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Lewistown (City of), VA Commerce Center Community Development Authority</name>
        <lei>549300MSZIULDEAC1046</lei>
        <title>Lewistown (City of), VA Commerce Center Community Development Authority, Series 2014 B, RB</title>
        <cusip>528734AJ5</cusip>
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          <isin value="US528734AJ51"/>
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        <balance>2401000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2170191.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.05000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue, Series 2025, RB</title>
        <cusip>64972JTU2</cusip>
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          <isin value="US64972JTU24"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10485283.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morongo Band of Mission Indians (The)</name>
        <lei>N/A</lei>
        <title>Morongo Band of Mission Indians (The), Series 2018 A, RB</title>
        <cusip>61773RAA5</cusip>
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          <isin value="US61773RAA59"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4723533.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Aspen Street Metropolitan District</name>
        <lei>N/A</lei>
        <title>Aspen Street Metropolitan District, Series 2021 A, GO Bonds</title>
        <cusip>045312AA3</cusip>
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          <isin value="US045312AA30"/>
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        <balance>1075000.00000000</balance>
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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>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Capital Trust Authority (Imagine School At West Pasco Project)</name>
        <lei>N/A</lei>
        <title>Capital Trust Authority (Imagine School At West Pasco Project), Series 2023, RB</title>
        <cusip>14054WAC9</cusip>
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          <isin value="US14054WAC91"/>
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        <balance>2535000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>Massachusetts (Commonwealth of) Development Finance Agency (Brown University)</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <cusip>57585BKB3</cusip>
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          <isin value="US57585BKB35"/>
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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>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Infrastructure &amp; Economic Development Bank (WFCS Portfolio Program)</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California (State of) Infrastructure &amp; Economic Development Bank (WFCS Portfolio Program), Series 2021 A-1, RB</title>
        <cusip>13034AQ86</cusip>
        <identifiers>
          <isin value="US13034AQ869"/>
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        <balance>4200000.00000000</balance>
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        <valUSD>3540875.10000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico (Commonwealth of) Electric Power Authority, Series 2010 AAA, RB</title>
        <cusip>74526QYD8</cusip>
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          <isin value="US74526QYD86"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70418.75000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Settler's Crossing Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kentucky Bond Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US49121HAP82"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Erie Tobacco Asset Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Erie Tobacco Asset Securitization Corp., Series 2005 D, RB</title>
        <cusip>295095BE2</cusip>
        <identifiers>
          <isin value="US295095BE21"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Savannah Georgia Convention Center Authority</name>
        <lei>N/A</lei>
        <title>Savannah Georgia Convention Center Authority, Series 2025, RB</title>
        <cusip>804828AC5</cusip>
        <identifiers>
          <isin value="US804828AC50"/>
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        <balance>2350000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Series 2026, RB</title>
        <cusip>57585BYM4</cusip>
        <identifiers>
          <isin value="US57585BYM44"/>
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        <balance>2130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2052891.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Denison TX</name>
        <lei>N/A</lei>
        <title>City of Denison TX, Series 2026, RB</title>
        <cusip>248460AB3</cusip>
        <identifiers>
          <isin value="US248460AB39"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1472033.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Falls Detention Facility Corp.</name>
        <lei>N/A</lei>
        <title>Central Falls Detention Facility Corp., Series 2005, Ref. RB</title>
        <cusip>153457AX4</cusip>
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          <isin value="US153457AX48"/>
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        <balance>44240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17253600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Midtown Metropoltan District</name>
        <lei>N/A</lei>
        <title>Midtown Metropoltan District, Series 2022 A-1, Ref. GO Bonds</title>
        <cusip>598072AE6</cusip>
        <identifiers>
          <isin value="US598072AE67"/>
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        <balance>8310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8645473.04000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Denver Gateway Center Metropolitan District</name>
        <lei>N/A</lei>
        <title>Denver Gateway Center Metropolitan District, Series 2018 A, GO Bonds</title>
        <cusip>24918HAD5</cusip>
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          <isin value="US24918HAD52"/>
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        <balance>2130000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <cusip>340618DK0</cusip>
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          <isin value="US340618DK07"/>
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        <curCd>USD</curCd>
        <valUSD>10675000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442EJH4</cusip>
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          <isin value="US74442EJH45"/>
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        <balance>2275000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>West Villages Improvement District (Development Unit No. 8)</name>
        <lei>N/A</lei>
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        <cusip>956454CB6</cusip>
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          <isin value="US956454CB66"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1526545.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Seminole (County of), FL Industrial Development Authority (Progressive Healthcare Providers/Fern Park, LLC Facility)</name>
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        <title>Seminole (County of), FL Industrial Development Authority (Progressive Healthcare Providers/Fern Park, LLC Facility), Series 2005 A, RB</title>
        <cusip>81669EAC5</cusip>
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          <isin value="US81669EAC57"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>Murphy Creek Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Murphy Creek Metropolitan District No. 2, Series 2024 A, GO Bonds</title>
        <cusip>62665PAA8</cusip>
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          <isin value="US62665PAA84"/>
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        <balance>4500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Fiddlers Canyon Infrastructure Financing District (Fiddlers Canyon Assessment Area)</name>
        <lei>N/A</lei>
        <title>Fiddlers Canyon Infrastructure Financing District (Fiddlers Canyon Assessment Area), Series 2024, RB</title>
        <cusip>31574AAA6</cusip>
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          <isin value="US31574AAA60"/>
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        <balance>3458000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Midtown Clear Creek Metropolitan District</name>
        <lei>N/A</lei>
        <title>Midtown Clear Creek Metropolitan District, Series 2023 B, Ref. GO Bonds</title>
        <cusip>59809CAZ5</cusip>
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          <isin value="US59809CAZ59"/>
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        <balance>641000.00000000</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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          <maturityDt>2053-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Boulders Public Improvement District</name>
        <lei>N/A</lei>
        <title>Boulders Public Improvement District, Series 2015, RB</title>
        <cusip>101567AD7</cusip>
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          <isin value="US101567AD71"/>
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        <balance>615000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>Newlin Crossing Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Capitol Encore Academy (The))</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>Downtown Revitalization Public Infrastructure District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnolia West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado State University Research Foundation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arista Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Health &amp; Educational Facilities Authority (Camillus Health System)</name>
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        <name>Knox County Industrial Development Board (Green Bonds) (Tompaul Knoxville, LLC Recycling)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tolomato Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Waterfall Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Waterfall Metropolitan District No. 1, Series 2022 B, Ref. GO Bonds</title>
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          <isin value="US94133FAD15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
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          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>Utah (State of) Charter School Finance Authority (Esperanza Elementary School)</name>
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        <cusip>91754TXA6</cusip>
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          <isin value="US91754TXA68"/>
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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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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure)</name>
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        <cusip>87539QAB5</cusip>
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          <isin value="US87539QAB59"/>
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        <balance>4575000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ledge Rock Center Commercial Metropolitan District</name>
        <lei>N/A</lei>
        <title>Ledge Rock Center Commercial Metropolitan District, Series 2022 B, GO Bonds</title>
        <cusip>523278AA7</cusip>
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          <isin value="US523278AA79"/>
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        <balance>9189000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8917674.56000000</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>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Celina (City of), TX (Ten Mile Creek Public Improvement District Major Improvement Area)</name>
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        <cusip>15114CFX7</cusip>
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          <isin value="US15114CFX74"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QYB2</cusip>
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          <isin value="US74526QYB21"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1927250.00000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) School Finance Authority (Kepler Neighborhood School)</name>
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        <title>California (State of) School Finance Authority (Kepler Neighborhood School), Series 2017 A, RB</title>
        <cusip>13058TEZ9</cusip>
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          <isin value="US13058TEZ93"/>
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        <balance>1230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1230258.42000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Texas (State of) Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
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        <cusip>88283NAS1</cusip>
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          <isin value="US88283NAS18"/>
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        <balance>3345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1130690.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hamilton Bluff Community Development District (Assessment Area One)</name>
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        <title>Hamilton Bluff Community Development District (Assessment Area One), Series 2024, RB</title>
        <cusip>40702EAC0</cusip>
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          <isin value="US40702EAC03"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.80000000</annualizedRt>
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        <name>Wohali Public Infrastructure District No. 1 (Wohali Assessment Area #1)</name>
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        <cusip>929335AA5</cusip>
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          <isin value="US929335AA53"/>
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        <balance>8630000.00000000</balance>
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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>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Gainesville (City of) &amp; Hall (County of), GA Development Authority (Riverside Military Academy)</name>
        <lei>549300L0GMYXTK7H5359</lei>
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        <cusip>36274PAB3</cusip>
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          <isin value="US36274PAB31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Stockton Unified School District (Election of 2008)</name>
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        <cusip>861419RT8</cusip>
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          <isin value="US861419RT81"/>
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        <balance>14735000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (Cook Children's Medical Center)</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <cusip>87638QTK5</cusip>
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          <isin value="US87638QTK57"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Point Phase 1 Public Infrastructure District No. 1</name>
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        <title>Point Phase 1 Public Infrastructure District No. 1, Series 2025 A-1, RB</title>
        <cusip>73058EAC1</cusip>
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          <isin value="US73058EAC12"/>
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        <balance>7550000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Boulder Ridge Public Infrastructure District No. 1</name>
        <lei>N/A</lei>
        <title>Boulder Ridge Public Infrastructure District No. 1, Series 2025, GO Bonds</title>
        <cusip>10153MAA3</cusip>
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          <isin value="US10153MAA36"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Merrill Ranch Community Facilities District No. 2</name>
        <lei>N/A</lei>
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        <cusip>590206CA4</cusip>
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          <isin value="US590206CA40"/>
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        <balance>810000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Series 2025, RB</title>
        <cusip>63608TBA7</cusip>
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          <isin value="US63608TBA79"/>
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        <balance>16125000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Juban Crossing Community Development District</name>
        <lei>N/A</lei>
        <title>Juban Crossing Community Development District, Series 2024 B, RB</title>
        <cusip>48130GAC0</cusip>
        <identifiers>
          <isin value="US48130GAC06"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5158059.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB</title>
        <cusip>74529JRJ6</cusip>
        <identifiers>
          <isin value="US74529JRJ69"/>
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        <balance>9815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9607112.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32900000</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>
      <invstOrSec>
        <name>JEA Water &amp; Sewer System</name>
        <lei>N/A</lei>
        <title>JEA Water &amp; Sewer System, Series 2025 A, Ref. RB</title>
        <cusip>46615SGL6</cusip>
        <identifiers>
          <isin value="US46615SGL60"/>
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        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20656898.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>V-Dana Community Development District (Assessment Area Two - 2023 Project Area)</name>
        <lei>N/A</lei>
        <title>V-Dana Community Development District (Assessment Area Two - 2023 Project Area), Series 2023, RB</title>
        <cusip>91822RAL9</cusip>
        <identifiers>
          <isin value="US91822RAL96"/>
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        <balance>1775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1759506.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Two Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Two Lakes Community Development District, Series 2024, RB</title>
        <cusip>90207EAV3</cusip>
        <identifiers>
          <isin value="US90207EAV39"/>
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        <balance>2010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1896597.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88035T4J6</cusip>
        <identifiers>
          <isin value="US88035T4J64"/>
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        <balance>9370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9370000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</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>Blanchard Valley Port Authority</name>
        <lei>N/A</lei>
        <title>Blanchard Valley Port Authority, Series 2026, RB</title>
        <cusip>093266AA2</cusip>
        <identifiers>
          <isin value="US093266AA28"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2091395.67000000</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>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palm Beach (County of), FL Health Facilities Authority (Lifespace Communities, Inc.)</name>
        <lei>N/A</lei>
        <title>Palm Beach (County of), FL Health Facilities Authority (Lifespace Communities, Inc.), Series 2023, Ref. RB</title>
        <cusip>696507VT6</cusip>
        <identifiers>
          <isin value="US696507VT62"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2750150.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lavon (City of), TX (Trails of Lavon Public Improvements District Projetcs)</name>
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        <title>Lavon (City of), TX (Trails of Lavon Public Improvements District Projetcs), Series 2025, RB</title>
        <cusip>51946PCL6</cusip>
        <identifiers>
          <isin value="US51946PCL67"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1121004.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Pollution Control Financing Authority (Plant Bonds)</name>
        <lei>N/A</lei>
        <title>California (State of) Pollution Control Financing Authority (Plant Bonds), Series 2012, RB</title>
        <cusip>13054WAC1</cusip>
        <identifiers>
          <isin value="US13054WAC10"/>
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        <balance>16050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16054296.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mida Cormont Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Mida Cormont Public Infrastructure District, Series 2025 A-1, GO Bonds</title>
        <cusip>59561JAA3</cusip>
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          <isin value="US59561JAA34"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1509092.29000000</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>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Series 2025, RB</title>
        <cusip>45470EEV3</cusip>
        <identifiers>
          <isin value="US45470EEV39"/>
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        <balance>1145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1122072.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>New Hampshire (State of) Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority, Series 2024, VRD RB</title>
        <cusip>63610BAD7</cusip>
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          <isin value="US63610BAD73"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority (Santa Clara)</name>
        <lei>N/A</lei>
        <title>Silicon Valley Tobacco Securitization Authority (Santa Clara), Series 2007 A, RB</title>
        <cusip>82706TAA9</cusip>
        <identifiers>
          <isin value="US82706TAA97"/>
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        <balance>53670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31234190.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority, Series 2026, RB</title>
        <cusip>04110FAD7</cusip>
        <identifiers>
          <isin value="US04110FAD78"/>
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        <balance>13500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13296167.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
        <title>Omaha Public Power District, Series 2025 B, RB</title>
        <cusip>682001QF2</cusip>
        <identifiers>
          <isin value="US682001QF25"/>
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        <balance>19500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19966843.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
      <invstOrSec>
        <name>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds)</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds), Series 2024, RB</title>
        <cusip>650116HR0</cusip>
        <identifiers>
          <isin value="US650116HR05"/>
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        <balance>24690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24897623.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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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>East Central Vermont Telecommunications District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hardin (City of), MT</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Tacoma (City of), WA Consolidated Local Improvement Districts</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Silicon Valley Tobacco Securitization Authority (Santa Clara)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bethel (City of), MN (Birchwood Landing At The Lakes At Stillwater Project)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Agency, Inc. (Atlantic Housing Foundation Property)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana (State of) Public Facilities Authority (Waste Pro USA, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Lamar Consolidated Independent School District</name>
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        <name>Triborough Bridge &amp; Tunnel Authority (MTA Bridges &amp; Tunnels)</name>
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        <name>Powhatan County Economic Development Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Conyers (City of), GA (Salem Gate)</name>
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        <name>New Jersey (State of) Economic Development Authority (Katikvah International Academy Charter School)</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey (State of) Economic Development Authority (Katikvah International Academy Charter School), Series 2017 A, RB</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cobb (County of), GA Development Authority (The) (Northwest Classical Academy)</name>
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        <title>Cobb (County of), GA Development Authority (The) (Northwest Classical Academy), Series 2023, RB</title>
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        <name>Charyl Stockwell Academy</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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        <name>Capital Trust Authority (Florida Institute of Technology)</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Hobe-St. Lucie Conservancy District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <name>California (State of) Statewide Communities Development Authority (NCCD-Hooper Street LLC-California College of the Arts)</name>
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        <name>Wisconsin (State of) Public Finance Authority (Traders Point Christian Schools)</name>
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        <name>New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment)</name>
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        <name>Capital Trust Authority (St.Johns Classical Academy, Inc.)</name>
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        <cusip>46246JNN1</cusip>
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          <isin value="US46246JNN18"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442PM36</cusip>
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          <isin value="US74442PM362"/>
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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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        <name>Banning Lewis Ranch Metropolitan District No. 5</name>
        <lei>N/A</lei>
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          <isin value="US066638AA58"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Colliers Hill Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Colliers Hill Metropolitan District No. 1, Series 2019 B, Ref. GO Bonds</title>
        <cusip>194687AU3</cusip>
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          <isin value="US194687AU39"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <cusip>74514L3R6</cusip>
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          <isin value="US74514L3R62"/>
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        <balance>18709799.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority (Green Bonds)</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority (Green Bonds), Series 2020 C-1, RB</title>
        <cusip>59261AG43</cusip>
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          <isin value="US59261AG435"/>
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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>2050-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lanterns Metropolitan District No. 3</name>
        <lei>N/A</lei>
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        <cusip>51654GAA4</cusip>
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          <isin value="US51654GAA40"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Williamson (County of), TX Municipal Utility District No. 28</name>
        <lei>N/A</lei>
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        <cusip>97001YJC5</cusip>
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          <isin value="US97001YJC57"/>
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        <balance>1540000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
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        <name>Bristol Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>110082AD6</cusip>
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          <isin value="US110082AD60"/>
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        <balance>757000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>742771.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports, Series 2026, RB</title>
        <cusip>544446AZ0</cusip>
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          <isin value="US544446AZ08"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Palm Beach (County of), FL Health Facilities Authority (Baptist Health South Florida)</name>
        <lei>N/A</lei>
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        <cusip>69651ABM5</cusip>
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          <isin value="US69651ABM53"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>San Diego (County of), CA Regional Airport Authority</name>
        <lei>N/A</lei>
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        <cusip>79739GRM0</cusip>
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          <isin value="US79739GRM05"/>
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        <balance>20000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Weems Neighborhood Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US948572AA06"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
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        <name>Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens)</name>
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        <cusip>67556TDA8</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Maryland (State of) Health &amp; Higher Educational Facilities Authority (University of Maryland Medical System)</name>
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        <title>Maryland (State of) Health &amp; Higher Educational Facilities Authority (University of Maryland Medical System), Series 2025, Ref. RB</title>
        <cusip>57421CHU1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Brooklyn Park (City of), MN (Prairie Seeds Academy)</name>
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        <cusip>114224AR9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Mclendon-Chisholm (City of), TX (Sonoma Public Improvement)</name>
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        <cusip>582153BG6</cusip>
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        <balance>2500000.00000000</balance>
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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>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Auto Mall &amp; Retail Public Infrastructure District</name>
        <lei>N/A</lei>
        <title>Auto Mall &amp; Retail Public Infrastructure District, Series 2023 A, GO Bonds</title>
        <cusip>052736AA3</cusip>
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          <isin value="US052736AA34"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona (State of) Industrial Development Authority (Franklin Phonetic Charter School)</name>
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        <cusip>04052BBW3</cusip>
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          <isin value="US04052BBW37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>Gainesville (City of) &amp; Hall (County of), GA Development Authority (Riverside Military Academy)</name>
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        <cusip>36274PAD9</cusip>
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          <isin value="US36274PAD96"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Ridgeline Vista Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US766089AA40"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>West Villages Improvement District (Development Unit No. 9)</name>
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        <cusip>956454CE0</cusip>
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          <isin value="US956454CE06"/>
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        <balance>1500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Utah (State of) Charter School Finance Authority (Ascent Academies of Utah)</name>
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        <cusip>91754TS20</cusip>
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          <isin value="US91754TS202"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Princeton (City of), TX</name>
        <lei>N/A</lei>
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        <cusip>742400CE2</cusip>
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          <isin value="US742400CE21"/>
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        <balance>1892000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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        <name>Wildblue Community Development District</name>
        <lei>N/A</lei>
        <title>Wildblue Community Development District, Series 2026, RB</title>
        <cusip>96809YAF3</cusip>
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          <isin value="US96809YAF34"/>
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        <balance>815000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Virgin Islands (Government of) Public Finance Authority (Frenchman's Reef Hotel Development)</name>
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        <cusip>927677AA2</cusip>
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          <isin value="US927677AA20"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Sweetwater Union High School District (Election of 2018)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp. (Learning Gate Community School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jones District Community Authority Board</name>
        <lei>N/A</lei>
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        <cusip>48020NAA2</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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        <cusip>93978LJN7</cusip>
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          <isin value="US93978LJN73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74443DAB7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Arlington Higher Education Finance Corp. (UME Preparatory Academy)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-08-15</maturityDt>
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        <name>Morgan Hill Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Morgan Hill Metropolitan District No. 3, Series 2021 B, GO Bonds</title>
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          <isin value="US61740BAD47"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Jefferson Center Metropolitan District No 2</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth)</name>
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        <cusip>74442PCQ6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Dayton-Montgomery County Port Authority (The Hunters Path)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>St. Vrain Lakes Metropolitan District No. 4</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-20</maturityDt>
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        <name>Massachusetts (Commonwealth of) Development Finance Agency (Suffolk University)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lees Summit Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Northridge Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wichita (City of), KS (Presbyterian Manors, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Corpus Christi (City of), TX (Whitecap Public Improvement District No. 1)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana (State of) Housing &amp; Community Development Authority (Vita of Greenfield)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jordanelle Ridge Public Infrastructure District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey (State of) Transportation Trust Fund Authority</name>
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        <name>Utah (State of) Charter School Finance Authority (Leadership Learning Academy)</name>
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        <name>Children's Trust Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)</name>
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        <name>Capital Trust Authority (Imagine School At West Pasco Project)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Port Authority</name>
        <lei>254900JRR8IDSSKWCL90</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Tradition Community Development District No. 9</name>
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        <name>Village at Southgate Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) School Finance Authority (Escuela Popular)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.)</name>
        <lei>549300NQVL49BTHOW391</lei>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412HVY6</cusip>
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          <isin value="US91412HVY60"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Silverstone Metropolitan District No 3</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Grand Rapids Economic Development Corp. (Clark Retirement Community, Inc.)</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aubrey (City of), TX (Aubrey Public Improvement District No. 1)</name>
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          <isin value="US050197AR31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-09-01</maturityDt>
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      <invstOrSec>
        <name>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)</name>
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        <title>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay), Series 2023, RB</title>
        <cusip>92774NBB5</cusip>
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          <isin value="US92774NBB55"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7614896.10000000</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>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Revere at Johnstown Metropolitan District No. 3</name>
        <lei>N/A</lei>
        <title>Revere at Johnstown Metropolitan District No. 3, Series 2024 B, GO Bonds</title>
        <cusip>761401AB4</cusip>
        <identifiers>
          <isin value="US761401AB41"/>
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        <balance>676000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>659047.95000000</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>2053-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Monongalia (County of), WV Commission Special District</name>
        <lei>N/A</lei>
        <title>Monongalia (County of), WV Commission Special District, Series 2023 B, Ref. RB</title>
        <cusip>61022CAM1</cusip>
        <identifiers>
          <isin value="US61022CAM10"/>
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        <balance>14920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3296939.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Los Angeles (City of), CA Department of Airports</name>
        <lei>N/A</lei>
        <title>Los Angeles (City of), CA Department of Airports, Series 2020 C, RB</title>
        <cusip>544445RG6</cusip>
        <identifiers>
          <isin value="US544445RG60"/>
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        <balance>10500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9131383.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southglenn Metropolitan District</name>
        <lei>549300ETN4YRI5O2PU39</lei>
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        <cusip>84437RAF4</cusip>
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          <isin value="US84437RAF47"/>
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        <balance>810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>797383.76000000</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>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Denver (City &amp; County of), CO</name>
        <lei>N/A</lei>
        <title>Denver (City &amp; County of), CO, Series 2022 D, Ref. RB</title>
        <cusip>249182TM8</cusip>
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          <isin value="US249182TM89"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10674826.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Francisco (City &amp; County of), CA Airport Commission (San Francisco International Airport)</name>
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        <title>San Francisco (City &amp; County of), CA Airport Commission (San Francisco International Airport), Series 2019 E, RB</title>
        <cusip>79766DWF2</cusip>
        <identifiers>
          <isin value="US79766DWF22"/>
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        <balance>13845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12007157.94000000</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>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Patriots Energy Group Financing Agency</name>
        <lei>5493008X0DFBVFH4HL19</lei>
        <title>Patriots Energy Group Financing Agency, Series 2023 A-1, RB</title>
        <cusip>70342PAN4</cusip>
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          <isin value="US70342PAN42"/>
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        <valUSD>68555200.41000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Housing Finance Agency</name>
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        <cusip>676900YY3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>North AR-1 Pasco Community Development District (Assessment Area Three)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Galveston (City of), TX</name>
        <lei>N/A</lei>
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          <isin value="US364542AC43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AM BIDCO HOLDINGS LLC</name>
        <lei>N/A</lei>
        <title>AM BIDCO HOLDINGS LLC</title>
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        <curCd>USD</curCd>
        <valUSD>25124429.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.73372000</annualizedRt>
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        <name>Kentucky Public Energy Authority</name>
        <lei>549300XEJZWHYSY4SL55</lei>
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        <cusip>74440DGM0</cusip>
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        <valUSD>10277284.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <cusip>74514L3G0</cusip>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio (County of), WV Development Authority (Sports Complex)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>West Villages Improvement District (Develepmont Unit No. 2)</name>
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        <cusip>956454BR2</cusip>
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          <isin value="US956454BR28"/>
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        <curCd>USD</curCd>
        <valUSD>3220565.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Princeton (City of), TX (Sicily Public Improvement District Improvement Area No. 1)</name>
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        <title>Princeton (City of), TX (Sicily Public Improvement District Improvement Area No. 1), Series 2023, RB</title>
        <cusip>742400CG7</cusip>
        <identifiers>
          <isin value="US742400CG78"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3029290.50000000</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>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Brickyard Metropolitan District No 1</name>
        <lei>N/A</lei>
        <title>Brickyard Metropolitan District No 1, Series 2025, GO Bonds</title>
        <cusip>108020AC2</cusip>
        <identifiers>
          <isin value="US108020AC29"/>
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        <balance>10435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9891047.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amelia Concourse Community Development District</name>
        <lei>N/A</lei>
        <title>Amelia Concourse Community Development District, Series 2007, RB</title>
        <cusip>023440AA8</cusip>
        <identifiers>
          <isin value="US023440AA81"/>
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        <balance>670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>623579.39000000</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>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.)</name>
        <lei>N/A</lei>
        <title>California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.), Series 2006 C, RB</title>
        <cusip>13016NCZ5</cusip>
        <identifiers>
          <isin value="US13016NCZ50"/>
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        <balance>215100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24437919.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (Franklin Phonetic Charter School)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (Franklin Phonetic Charter School), Series 2017, Ref. RB</title>
        <cusip>04052BBV5</cusip>
        <identifiers>
          <isin value="US04052BBV53"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>646643.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Evansville (City of), IN (Silver Birch of Evansville)</name>
        <lei>5493004FNKVUBIYGJO12</lei>
        <title>Evansville (City of), IN (Silver Birch of Evansville), Series 2017, RB</title>
        <cusip>299351AG1</cusip>
        <identifiers>
          <isin value="US299351AG13"/>
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        <balance>3430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3213362.23000000</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>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Ranch Community Facilities District No. 2 (Assessment Area One)</name>
        <lei>N/A</lei>
        <title>Merrill Ranch Community Facilities District No. 2 (Assessment Area One), Series 2006, RB</title>
        <cusip>590211AQ1</cusip>
        <identifiers>
          <isin value="US590211AQ13"/>
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        <balance>262000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>262086.88000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clear Creek Transit Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Clear Creek Transit Metropolitan District No. 2, Series 2021 B, GO Bonds</title>
        <cusip>184542AD0</cusip>
        <identifiers>
          <isin value="US184542AD02"/>
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        <balance>1165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>998474.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.90000000</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>St. Louis (City of), MO</name>
        <lei>5493004O38W8EYGEZ656</lei>
        <title>St. Louis (City of), MO, Series 2007 A, RB</title>
        <cusip>85232CAF1</cusip>
        <identifiers>
          <isin value="US85232CAF14"/>
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        <balance>1108000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>232680.00000000</valUSD>
        <pctVal>0.002691316525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Grand Forks (County of), ND (Green Bonds)</name>
        <lei>N/A</lei>
        <title>Grand Forks (County of), ND (Green Bonds), Series 2021, RB</title>
        <cusip>38543PAE8</cusip>
        <identifiers>
          <isin value="US38543PAE88"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30.00000000</valUSD>
        <pctVal>0.000000346998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jefferson Center Metropolitan District No 2</name>
        <lei>N/A</lei>
        <title>Jefferson Center Metropolitan District No 2, Series 2026, RB</title>
        <cusip>472483AE6</cusip>
        <identifiers>
          <isin value="US472483AE68"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5899571.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Carolina (State of) Jobs-Economic Development Authority (Green Bonds)</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina (State of) Jobs-Economic Development Authority (Green Bonds), Series 2021, RB</title>
        <cusip>83704DAK2</cusip>
        <identifiers>
          <isin value="US83704DAK28"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110000.00000000</valUSD>
        <pctVal>0.001272326017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TCF6</cusip>
        <identifiers>
          <isin value="US03843TCF66"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>594565.00000000</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>2049-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sierra Vista Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Sierra Vista Industrial Development Authority, Series 2026, RB</title>
        <cusip>82652UBK7</cusip>
        <identifiers>
          <isin value="US82652UBK79"/>
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        <balance>4660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4276537.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Las Vegas (City of), NV Special Improvement District No. 815</name>
        <lei>N/A</lei>
        <title>Las Vegas (City of), NV Special Improvement District No. 815, Series 2020, RB</title>
        <cusip>51778VAQ7</cusip>
        <identifiers>
          <isin value="US51778VAQ77"/>
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        <balance>930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>905360.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TCK5</cusip>
        <identifiers>
          <isin value="US03843TCK51"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>232921.10000000</valUSD>
        <pctVal>0.002694105233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Boyd (City of), TX</name>
        <lei>N/A</lei>
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          <isin value="US103341AF03"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Minnesota (State of) Higher Education Facilities Authority (Bethel University)</name>
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        <cusip>60416H3Z5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority</name>
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        <cusip>74445QAJ9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Forest Trace Metropolitan District No. 3</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts (Commonwealth of) Development Finance Agency (Brown University)</name>
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        <cusip>57585BKA5</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mineral Business Improvement District</name>
        <lei>N/A</lei>
        <title>Mineral Business Improvement District, Series 2024 B, GO Bonds</title>
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          <isin value="US60284AAB44"/>
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        <balance>520000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Allen (County of), IN (Evergreen Village Fort Wayne)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sawgrass Village Community Development District (Series 2023)</name>
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        <cusip>805462AC2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>San Antonio Education Facilities Corp. (University of the Incarnate Word)</name>
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        <cusip>796247EX8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Fresno Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia (City of), PA Authority for Industrial Development (Green Woods Charter school)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority (Green Bonds)</name>
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        <cusip>59261AE37</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Traders Point Christian Schools)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74442PLZ6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62000000</annualizedRt>
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        <name>New York &amp; New Jersey (States of) Port Authority</name>
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        <cusip>73358W4D3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</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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        <name>Viridian Farm Public Infrastructure District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Black Creek Community Development District (Expansion Area)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pilot Point (City of), TX (Creekview Public Improvement District Zone B)</name>
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        <name>Municipal Improvement Corp of Los Angeles</name>
        <lei>549300ZJ0YLTZNSR8F57</lei>
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        <name>Utah (State of) Charter School Finance Authority (Merit Preparatory Academy)</name>
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        <cusip>91754TXH1</cusip>
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        <name>Fort Wayne (City of), IN (Silver Birch of Fort Wayne)</name>
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        <name>Sterling Ranch Community Authority Board</name>
        <lei>N/A</lei>
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        <name>Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.)</name>
        <lei>549300YL1HU59NREG764</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tarrant County Cultural Education Facilities Finance Corp. (Cook Children's Medical Center)</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>Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Housing Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kitsap (County of), WA Consolidated Housing Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Country Club Highlands Metropolitan District</name>
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        <fairValLevel>3</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>West Virginia (State of) Economic Development Authority (Core Natural Resources, Inc.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp. (Learning Gate Community School)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Westview South Community Development District (Assessment Area One - 2023 Project Area)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Rider University)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakeside Preserve Community Development District (Series 2023)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire (State of) Business Finance Authority (Social Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of) Finance Authority (Admiral at the Lake (The))</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Los Angeles (County of), CA Public Works Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>54473EZQ0</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>TSASC, Inc.</name>
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        <valUSD>3791895.45000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <valUSD>1086855.84000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Kansas City Industrial Development Authority</name>
        <lei>549300QWDXL46XQC8110</lei>
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        <cusip>48503SGS2</cusip>
        <identifiers>
          <isin value="US48503SGS23"/>
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        <balance>4100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4142827.78000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Elbert (County of), CO Highway 86 Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>28421JAE0</cusip>
        <identifiers>
          <isin value="US28421JAE01"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2751612.66000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>Wichita (City of), KS (Presbyterian Manors, Inc.)</name>
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        <cusip>967249RP0</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>New York (State of) Dormitory Authority</name>
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        <cusip>64990FL93</cusip>
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        <curCd>USD</curCd>
        <valUSD>9096777.95000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAW0</cusip>
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        <curCd>USD</curCd>
        <valUSD>987.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Principal Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
