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        <fairValLevel>2</fairValLevel>
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        <name>PRIFA Custodial Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Osceola (County of), FL</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.00000000</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>Clearwater Cay Community Development District</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Metropolitan Atlanta Rapid Transit Authority (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky (Commonwealth of) Public Energy Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palace Coral Gables Community Development District</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US04052VBP40"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-07-01</maturityDt>
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        <name>St. Louis (City of), MO (Washington Park Redevelopment)</name>
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        <fairValLevel>3</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Illinois (State of)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cave Springs Municipal Property Owners' Improvement District No. 3</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Tampa (City of), FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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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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          <annualizedRt>5.90000000</annualizedRt>
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        <name>Bethel (City of), MN (Benedictine Health System - St. Peter Communities)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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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        <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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        <name>Lower Alabama Gas District (The)</name>
        <lei>549300YTI1NTDG2OVU42</lei>
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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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        <name>University of Puerto Rico</name>
        <lei>N/A</lei>
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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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        <fairValLevel>2</fairValLevel>
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        <name>Westridge Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency, Series 2025, RB</title>
        <cusip>70879QV83</cusip>
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          <isin value="US70879QV830"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9970329.00000000</valUSD>
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        <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>5.15000000</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>New Hampshire (State of) Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority, Series 2020-1A, RB</title>
        <cusip>63607WAA2</cusip>
        <identifiers>
          <isin value="US63607WAA27"/>
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        <balance>72253.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72404.82000000</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>2034-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>Ohio Housing Finance Agency</name>
        <lei>549300K10X7VPG6JVX38</lei>
        <title>Ohio Housing Finance Agency, Series 2026, RB</title>
        <cusip>67756ULJ5</cusip>
        <identifiers>
          <isin value="US67756ULJ50"/>
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        <balance>2365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2348559.47000000</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>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB</title>
        <cusip>717824AQ9</cusip>
        <identifiers>
          <isin value="US717824AQ94"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2867822.10000000</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>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>New York (City of), NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>New York (City of), NY, Series 2024 C, GO Bonds</title>
        <cusip>64966SBA3</cusip>
        <identifiers>
          <isin value="US64966SBA33"/>
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        <balance>10150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10375708.60000000</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>2053-03-01</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>Mansfield Independent School District</name>
        <lei>N/A</lei>
        <title>Mansfield Independent School District, Series 2025, GO Bonds</title>
        <cusip>564386VN7</cusip>
        <identifiers>
          <isin value="US564386VN72"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5189332.50000000</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>2055-02-15</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>Illinois (State of)</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>Illinois (State of), Series 2024 B, GO Bonds</title>
        <cusip>452153KB4</cusip>
        <identifiers>
          <isin value="US452153KB45"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3097722.00000000</valUSD>
        <pctVal>0.173428688793</pctVal>
        <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>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>Northwoods Transportation Development District</name>
        <lei>N/A</lei>
        <title>Northwoods Transportation Development District, Series 2006 A, RB</title>
        <cusip>66859FAA7</cusip>
        <identifiers>
          <isin value="US66859FAA75"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45593.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</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>Pima (County of), AZ Industrial Development Authority (The) (Arizona Charter Schools)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (The) (Arizona Charter Schools), Series 2013 Q, Ref. RB</title>
        <cusip>72177MNZ6</cusip>
        <identifiers>
          <isin value="US72177MNZ67"/>
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        <balance>1060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1060244.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R Energy Authority, Series 2009 B, RB</title>
        <cusip>55374SAE0</cusip>
        <identifiers>
          <isin value="US55374SAE00"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11768115.00000000</valUSD>
        <pctVal>0.658848261406</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>Kentucky Public Energy Authority</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority, Series 2025 B, RB</title>
        <cusip>74440DFQ2</cusip>
        <identifiers>
          <isin value="US74440DFQ25"/>
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        <balance>4300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4374696.59000000</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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          <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>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>343572AC7</cusip>
        <identifiers>
          <isin value="US343572AC73"/>
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        <balance>2260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2260680.26000000</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>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>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>041807PV4</cusip>
        <identifiers>
          <isin value="US041807PV47"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000140.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Texas Municipal Gas Acquisition &amp; Supply Corp. III</name>
        <lei>0UDITKOYW0YKG3BBP242</lei>
        <title>Texas Municipal Gas Acquisition &amp; Supply Corp. III, Series 2021, Ref. RB</title>
        <cusip>88256HBH0</cusip>
        <identifiers>
          <isin value="US88256HBH03"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5249218.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ebert Metropolitan District</name>
        <lei>N/A</lei>
        <title>Ebert Metropolitan District, Series 2018 A-2, GO Bonds</title>
        <cusip>278698BV6</cusip>
        <identifiers>
          <isin value="US278698BV68"/>
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        <balance>1605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1623933.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>School District of Philadelphia (The)</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>School District of Philadelphia (The), Series 2026, GO Bonds</title>
        <cusip>717883G48</cusip>
        <identifiers>
          <isin value="US717883G486"/>
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        <balance>1625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1726593.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</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>North Carolina (State of) Turnpike Authority</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>North Carolina (State of) Turnpike Authority, Series 2018, Ref. RB</title>
        <cusip>65830RCK3</cusip>
        <identifiers>
          <isin value="US65830RCK32"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7113551.20000000</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>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>Palace Coral Gables Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago (City of), IL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Transportation Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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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>3</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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          <maturityDt>2051-09-01</maturityDt>
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        <name>Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>PRHTA Custodial Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Manatee (County of), FL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spring Independent School District</name>
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        <cusip>850001AZ1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (State of) Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington (State of) Convention Center Public Facilities 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>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Puerto Rico (Commonwealth of) Electric Power Authority</name>
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        <cusip>74526QYT3</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Maryland Economic Development Corp.</name>
        <lei>549300JJ16DDBSZWSN94</lei>
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        <cusip>57421HAB9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Charlotte (City of), NC (Charlotte Douglas International Airport)</name>
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        <cusip>161036TS7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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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>South Bay Community Development District</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>Indiana (State of) Finance Authority (Indiana University Health Obligated Group)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Mashantucket Western Pequot Tribe</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Dallas &amp; Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport)</name>
        <lei>N/A</lei>
        <title>Dallas &amp; Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2021 B, Ref. RB</title>
        <cusip>23503CAL1</cusip>
        <identifiers>
          <isin value="US23503CAL19"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9038666.00000000</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>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PRIFA Custodial Trust</name>
        <lei>N/A</lei>
        <title>PRIFA Custodial Trust, Series 2005 A, RB</title>
        <cusip>69363CAA7</cusip>
        <identifiers>
          <isin value="US69363CAA71"/>
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        <balance>412678.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114867.36000000</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>2049-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stephenson County School District No. 145 Freeport</name>
        <lei>N/A</lei>
        <title>Stephenson County School District No. 145 Freeport, Series 2018 A, Ref. GO Bonds</title>
        <cusip>858892RE4</cusip>
        <identifiers>
          <isin value="US858892RE49"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>518529.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Duluth (City of), MN Economic Development Authority (Essentia Health Obligated Group)</name>
        <lei>N/A</lei>
        <title>Duluth (City of), MN Economic Development Authority (Essentia Health Obligated Group), Series 2018 A, Ref. RB</title>
        <cusip>26444CHA3</cusip>
        <identifiers>
          <isin value="US26444CHA36"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2313936.16000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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        <cusip>25477GRY3</cusip>
        <identifiers>
          <isin value="US25477GRY34"/>
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        <balance>4335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4019366.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
        <lei>254900N9FNYNPO539444</lei>
        <title>Rhode Island Housing &amp; Mortgage Finance Corp., Series 1992 10-A, RB</title>
        <cusip>762211RS1</cusip>
        <identifiers>
          <isin value="US762211RS17"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15037.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northern Illinois Municipal Power Agency</name>
        <lei>VWCV6ROJUT9NS55JU583</lei>
        <title>Northern Illinois Municipal Power Agency, Series 2016 A, Ref. RB</title>
        <cusip>665250CW4</cusip>
        <identifiers>
          <isin value="US665250CW49"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>963864.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB</title>
        <cusip>888808HH8</cusip>
        <identifiers>
          <isin value="US888808HH89"/>
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        <balance>12980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13306750.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stephenson County School District No. 145 Freeport</name>
        <lei>N/A</lei>
        <title>Stephenson County School District No. 145 Freeport, Series 2018 A, Ref. GO Bonds</title>
        <cusip>858892QW5</cusip>
        <identifiers>
          <isin value="US858892QW55"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217151.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Rhode Island Health &amp; Educational Building Corp. (Lifespan Obligated Group)</name>
        <lei>N/A</lei>
        <title>Rhode Island Health &amp; Educational Building Corp. (Lifespan Obligated Group), Series 2024, RB</title>
        <cusip>762244MH1</cusip>
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          <isin value="US762244MH16"/>
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        <balance>1825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1867054.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rampart Range Metropolitan District No. 1</name>
        <lei>549300YG458KQEHMQF33</lei>
        <title>Rampart Range Metropolitan District No. 1, Series 2017, Ref. RB</title>
        <cusip>75157TAB5</cusip>
        <identifiers>
          <isin value="US75157TAB52"/>
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        <balance>6165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6184319.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>St. Louis (City of), MO (Washington Park Redevelopment)</name>
        <lei>5493004O38W8EYGEZ656</lei>
        <title>St. Louis (City of), MO (Washington Park Redevelopment), Series 2008 A, RB</title>
        <cusip>85232CAL8</cusip>
        <identifiers>
          <isin value="US85232CAL81"/>
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        <balance>3254000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>846040.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.60000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth Financing Authority</name>
        <lei>N/A</lei>
        <title>Commonwealth Financing Authority, Series 2018, RB</title>
        <cusip>20282EAN6</cusip>
        <identifiers>
          <isin value="US20282EAN67"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3096904.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Xenia (City of), IA Rural Water District</name>
        <lei>N/A</lei>
        <title>Xenia (City of), IA Rural Water District, Series 2016, Ref. RN</title>
        <cusip>98410ADD4</cusip>
        <identifiers>
          <isin value="US98410ADD46"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1005804.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 2019, Ref. RB</title>
        <cusip>613603B40</cusip>
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          <isin value="US613603B401"/>
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        <balance>5250000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Southeast Energy Authority, a Cooperative District (No. 4)</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>Southeast Energy Authority, a Cooperative District (No. 4), Series 2022 B-1, RB</title>
        <cusip>84136FBB2</cusip>
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          <isin value="US84136FBB22"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2056048.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>Chicago Board of Education, Series 2025 C, Ref. GO Bonds</title>
        <cusip>167505D29</cusip>
        <identifiers>
          <isin value="US167505D297"/>
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        <balance>3380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3286033.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>District of Columbia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Health Facilities Financing Authority (Commonspirit Health)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cleveland (City of) &amp; Cuyahoga (County of), OH Port Authority (Flats East Bank)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Main Street Natural Gas, Inc.</name>
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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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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Denver (City &amp; County of), CO</name>
        <lei>N/A</lei>
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        <cusip>249182SR8</cusip>
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          <isin value="US249182SR85"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-11-15</maturityDt>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.62500000</annualizedRt>
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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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          <isin value="US79625GGT40"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Grand Parkway Transportation Corp.</name>
        <lei>N/A</lei>
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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>Southeast Energy Authority, A Cooperative District (No. 3)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lower Colorado River Authority (LCRA Transmission Services Corp.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky Bond Development Corp.</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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        <name>Harvey (City of), IL</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mississippi Business Finance Corp. (System Energy Resources, Inc.)</name>
        <lei>549300DYV074JUDKBQ77</lei>
        <title>Mississippi Business Finance Corp. (System Energy Resources, Inc.), Series 2021, RB</title>
        <cusip>605279MK1</cusip>
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          <isin value="US605279MK10"/>
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        <curCd>USD</curCd>
        <valUSD>1144241.06000000</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>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Columbus (City of), IN (Vivera Senior Living)</name>
        <lei>N/A</lei>
        <title>Columbus (City of), IN (Vivera Senior Living), Series 2019, RB</title>
        <cusip>19924PAA5</cusip>
        <identifiers>
          <isin value="US19924PAA57"/>
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        <balance>3490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3205794.64000000</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>2039-05-01</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>Colorado Springs (City of), CO</name>
        <lei>N/A</lei>
        <title>Colorado Springs (City of), CO, Series 2025 A, RB</title>
        <cusip>1966328B2</cusip>
        <identifiers>
          <isin value="US1966328B27"/>
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        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6322396.80000000</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>2050-11-15</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>
        <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>
        <identifiers>
          <isin value="US50825CAD39"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157797.07000000</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>2054-01-15</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>
      <invstOrSec>
        <name>Oak Grove School District (Election of 2008)</name>
        <lei>N/A</lei>
        <title>Oak Grove School District (Election of 2008), Series 2018 E, Ref. GO Bonds</title>
        <cusip>671205X49</cusip>
        <identifiers>
          <isin value="US671205X499"/>
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        <balance>4500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2892047.85000000</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>2042-08-01</maturityDt>
          <couponKind>Variable</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>Atlantic City (City of), NJ</name>
        <lei>N/A</lei>
        <title>Atlantic City (City of), NJ, Series 2017 A, Ref. GO Bonds</title>
        <cusip>048339VJ1</cusip>
        <identifiers>
          <isin value="US048339VJ13"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502706.50000000</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>2037-03-01</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>
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      <invstOrSec>
        <name>Black Belt Energy Gas District (The)</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District (The), Series 2024 A, RB</title>
        <cusip>09182TDL8</cusip>
        <identifiers>
          <isin value="US09182TDL89"/>
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        <balance>2805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2886601.66000000</valUSD>
        <pctVal>0.161608931002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Variable</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York (City of), NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>New York (City of), NY, Series 2022 A-1, GO Bonds</title>
        <cusip>64966QG61</cusip>
        <identifiers>
          <isin value="US64966QG610"/>
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        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10447155.00000000</valUSD>
        <pctVal>0.584893154799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>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>Ohio (State of) Higher Educational Facility Commission (University of Findlay)</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio (State of) Higher Educational Facility Commission (University of Findlay), Series 2019, Ref. RB</title>
        <cusip>67756DTG1</cusip>
        <identifiers>
          <isin value="US67756DTG15"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>959443.80000000</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>2039-03-01</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>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp., Series 2019, RB</title>
        <cusip>041807QG6</cusip>
        <identifiers>
          <isin value="US041807QG60"/>
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        <balance>1230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1219273.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stephenson County School District No. 145 Freeport</name>
        <lei>N/A</lei>
        <title>Stephenson County School District No. 145 Freeport, Series 2018 A, GO Bonds</title>
        <cusip>858892MZ2</cusip>
        <identifiers>
          <isin value="US858892MZ23"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165448.99000000</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>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2019, Ref. RB</title>
        <cusip>45204E7E2</cusip>
        <identifiers>
          <isin value="US45204E7E21"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2315182.75000000</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>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group)</name>
        <lei>N/A</lei>
        <title>Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group), Series 2025, Ref. RB</title>
        <cusip>68450LJQ9</cusip>
        <identifiers>
          <isin value="US68450LJQ95"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5068260.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Village Community Development District No 16</name>
        <lei>N/A</lei>
        <title>Village Community Development District No 16, Series 2025, RB</title>
        <cusip>92708MAE3</cusip>
        <identifiers>
          <isin value="US92708MAE30"/>
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        <balance>5520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5362291.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Plains Energy Project (No. 5)</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project (No. 5), Series 2022-1, RB</title>
        <cusip>154871CU9</cusip>
        <identifiers>
          <isin value="US154871CU94"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5171736.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Columbia (City of), GA (Wellstar Health System, Inc.)</name>
        <lei>N/A</lei>
        <title>Columbia (City of), GA (Wellstar Health System, Inc.), Series 2023, RAC</title>
        <cusip>197479AA6</cusip>
        <identifiers>
          <isin value="US197479AA61"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5601830.85000000</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>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hamden (Town of), CT</name>
        <lei>N/A</lei>
        <title>Hamden (Town of), CT, Series 2018 A, Ref. GO Bonds</title>
        <cusip>4067927D7</cusip>
        <identifiers>
          <isin value="US4067927D73"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>650757.50000000</valUSD>
        <pctVal>0.036433230595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Plymouth Educational Center Charter School</name>
        <lei>N/A</lei>
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          <isin value="US729693AM34"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Michigan (State of) Public Educational Facilities Authority (Old Redford)</name>
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        <cusip>594569AS4</cusip>
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          <isin value="US594569AS45"/>
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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>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hollister (City of), MO</name>
        <lei>N/A</lei>
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        <cusip>435679AA3</cusip>
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          <isin value="US435679AA30"/>
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        <balance>2295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2317055.18000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.)</name>
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        <title>California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.), Series 2006 A, RB</title>
        <cusip>13016NCX0</cusip>
        <identifiers>
          <isin value="US13016NCX03"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1980906.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Atlanta Development Authority (The)</name>
        <lei>549300GHLQ0J51NUBM84</lei>
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          <isin value="US04780NMY03"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5489104.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.56000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey (State of) Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey (State of) Economic Development Authority, Series 2018 A, RB</title>
        <cusip>64578EKB2</cusip>
        <identifiers>
          <isin value="US64578EKB29"/>
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        <balance>735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>740766.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago (City of), IL Board of Education</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>Chicago (City of), IL Board of Education, Series 2022 A, GO Bonds</title>
        <cusip>167505YB6</cusip>
        <identifiers>
          <isin value="US167505YB63"/>
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        <balance>3200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2866925.44000000</valUSD>
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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>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Muscatine Power and Water Electric Revenue</name>
        <lei>N/A</lei>
        <title>Muscatine Power and Water Electric Revenue, Series 2026 A, RB</title>
        <cusip>627270JA0</cusip>
        <identifiers>
          <isin value="US627270JA02"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2574174.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Black Belt Energy Gas District (The)</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District (The), Series 2022 C-1, RB</title>
        <cusip>09182TCG0</cusip>
        <identifiers>
          <isin value="US09182TCG04"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10418722.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2009, RB</title>
        <cusip>45200FZV4</cusip>
        <identifiers>
          <isin value="US45200FZV48"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona)</name>
        <lei>N/A</lei>
        <title>Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona), Series 2017 C, RB</title>
        <cusip>56681NCL9</cusip>
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          <isin value="US56681NCL91"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80390.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Kentucky (Commonwealth of) Municipal Power Agency (Prairie State)</name>
        <lei>2549001MTI3IE05Z7959</lei>
        <title>Kentucky (Commonwealth of) Municipal Power Agency (Prairie State), Series 2016 A, Ref. RB</title>
        <cusip>491501EK4</cusip>
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          <isin value="US491501EK49"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colliers Hill Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Colliers Hill Metropolitan District No. 2, Series 2022 B-1, Ref. GO Bonds</title>
        <cusip>194689AS4</cusip>
        <identifiers>
          <isin value="US194689AS49"/>
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        <balance>2866000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2748730.45000000</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>2047-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>Manchester Housing &amp; Redevelopment Authority, Inc.</name>
        <lei>N/A</lei>
        <title>Manchester Housing &amp; Redevelopment Authority, Inc., Series 2000 B, RB</title>
        <cusip>562345BC1</cusip>
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          <isin value="US562345BC16"/>
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        <balance>305000.00000000</balance>
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        <valUSD>279116.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Stephenson County School District No. 145 Freeport</name>
        <lei>N/A</lei>
        <title>Stephenson County School District No. 145 Freeport, Series 2018 A, Ref. GO Bonds</title>
        <cusip>858892QY1</cusip>
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          <isin value="US858892QY12"/>
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        <balance>135000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin (State of) Center District</name>
        <lei>N/A</lei>
        <title>Wisconsin (State of) Center District, Series 2020, RB</title>
        <cusip>976595JG4</cusip>
        <identifiers>
          <isin value="US976595JG47"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4033840.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Charlotte NC Airport Revenue</name>
        <lei>N/A</lei>
        <title>City of Charlotte NC Airport Revenue, Series 2026, RB</title>
        <cusip>161036ZC5</cusip>
        <identifiers>
          <isin value="US161036ZC54"/>
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        <balance>8400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8779183.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>South Bay Community Development District</name>
        <lei>N/A</lei>
        <title>South Bay Community Development District, Series 2005 A, RB</title>
        <cusip>836454AA6</cusip>
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          <isin value="US836454AA63"/>
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        <curCd>USD</curCd>
        <valUSD>16.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Los Angeles (City of), CA Department of Water &amp; Power</name>
        <lei>N/A</lei>
        <title>Los Angeles (City of), CA Department of Water &amp; Power, Series 2022 B, Ref. RB</title>
        <cusip>544525F78</cusip>
        <identifiers>
          <isin value="US544525F781"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10335249.00000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas, Inc., Series 2024 B, RB</title>
        <cusip>56035DHK1</cusip>
        <identifiers>
          <isin value="US56035DHK19"/>
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        <balance>5435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5772666.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
        <lei>54930055TIDYHNDP4F84</lei>
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        <cusip>79766DZD4</cusip>
        <identifiers>
          <isin value="US79766DZD47"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7437196.20000000</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>2046-05-01</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)</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>3650600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3637911.24000000</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>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crowfoot Valley Ranch Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Crowfoot Valley Ranch Metropolitan District No. 2, Series 2024 A, Ref. GO Bonds</title>
        <cusip>22802CAW7</cusip>
        <identifiers>
          <isin value="US22802CAW73"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1320956.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nashville (City of), TN Metropolitan Development and Housing Agency (Fifth + Broadway Development)</name>
        <lei>N/A</lei>
        <title>Nashville (City of), TN Metropolitan Development and Housing Agency (Fifth + Broadway Development), Series 2018, RB</title>
        <cusip>591874AB8</cusip>
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          <isin value="US591874AB81"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201700.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tennessee Energy Acquisition Corp.</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
        <title>Tennessee Energy Acquisition Corp., Series 2021 A, RB</title>
        <cusip>88044TAL3</cusip>
        <identifiers>
          <isin value="US88044TAL35"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5210057.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wildwood (City of), FL Village Community Development Disctrict No. 15</name>
        <lei>N/A</lei>
        <title>Wildwood (City of), FL Village Community Development Disctrict No. 15, Series 2023, RB</title>
        <cusip>92708KAD9</cusip>
        <identifiers>
          <isin value="US92708KAD90"/>
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        <balance>1465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1472048.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Medina Valley Independent School District</name>
        <lei>N/A</lei>
        <title>Medina Valley Independent School District, Series 2023, GO Bonds</title>
        <cusip>584887UR2</cusip>
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          <isin value="US584887UR22"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6118137.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>6615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6481007.22000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
        <identifiers>
          <isin value="US95737TFX90"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2173931.40000000</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>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Miami-Dade (County of), FL</name>
        <lei>N/A</lei>
        <title>Miami-Dade (County of), FL, Series 2019 B, RB</title>
        <cusip>59334DLV4</cusip>
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          <isin value="US59334DLV46"/>
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        <balance>17745000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Philadelphia (City of), PA</name>
        <lei>549300IVFOPB4AG7UL47</lei>
        <title>Philadelphia (City of), PA, Series 2024 C, RB</title>
        <cusip>7178933W9</cusip>
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          <isin value="US7178933W90"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5230318.50000000</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>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Lake (County of), FL (Lakeside at Waterman Village)</name>
        <lei>N/A</lei>
        <title>Lake (County of), FL (Lakeside at Waterman Village), Series 2020 A, Ref. RB</title>
        <cusip>50826FAB9</cusip>
        <identifiers>
          <isin value="US50826FAB94"/>
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        <balance>1925000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <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>343572AE3</cusip>
        <identifiers>
          <isin value="US343572AE30"/>
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        <balance>3205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3205171.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Dawson Trails Metropolitan District No 1</name>
        <lei>N/A</lei>
        <title>Dawson Trails Metropolitan District No 1, Series 2026, GO Bonds</title>
        <cusip>23945PAC8</cusip>
        <identifiers>
          <isin value="US23945PAC86"/>
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        <balance>8500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5134309.40000000</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>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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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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        <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>Texas Municipal Gas Acquisition &amp; Supply Corp. III</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (City of), NY Transitional Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Zephyr Ridge Community Development District</name>
        <lei>N/A</lei>
        <title>Zephyr Ridge Community Development District, Series 2006, RB</title>
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          <isin value="US98944CAE66"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DFC11"/>
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        <curCd>USD</curCd>
        <valUSD>5215269.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts (Commonwealth of) (Rail Enhancement Program) (Sustainability Bonds)</name>
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        <cusip>57604THK5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</name>
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        <cusip>592041C21</cusip>
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          <isin value="US592041C217"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Canutillo Independent School District/TX</name>
        <lei>N/A</lei>
        <title>Canutillo Independent School District/TX, Series 2025, GO Bonds</title>
        <cusip>138735ZS7</cusip>
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          <isin value="US138735ZS74"/>
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        <balance>5000000.00000000</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>2060-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tampa (City of), FL</name>
        <lei>N/A</lei>
        <title>Tampa (City of), FL, Series 2020 A, RB</title>
        <cusip>875146AS1</cusip>
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          <isin value="US875146AS16"/>
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        <balance>880000.00000000</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>2034-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania (Commonwealth of) Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania (Commonwealth of) Turnpike Commission, First series 2023, Ref. RB</title>
        <cusip>709225HE9</cusip>
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          <isin value="US709225HE93"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1038341.40000000</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>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Atlantic City (City of), NJ</name>
        <lei>N/A</lei>
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        <cusip>048339VH5</cusip>
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          <isin value="US048339VH56"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District)</name>
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        <cusip>48503VAJ1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois (State of) Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <cusip>45204FN27</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Branson (City of), MO Industrial Development Authority (Branson Hills Redevelopment)</name>
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          <isin value="US10544RAB87"/>
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        <fairValLevel>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Board of Regents of the University of Texas System</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
        <title>Board of Regents of the University of Texas System, Series 2025 B, RB</title>
        <cusip>91514ANQ4</cusip>
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          <isin value="US91514ANQ49"/>
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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>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority (Beyond Boone, LLC - Appalachian State University)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74439YCB5</cusip>
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          <isin value="US74439YCB56"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PEFA, Inc.</name>
        <lei>549300RSE249DJNRHY07</lei>
        <title>PEFA, Inc.</title>
        <cusip>70556CAB0</cusip>
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          <isin value="US70556CAB00"/>
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        <valUSD>5190000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Mobile (City of), AL Improvement District (McGowin Park)</name>
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        <cusip>607155AC2</cusip>
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          <isin value="US607155AC27"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13050WAG6</cusip>
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          <isin value="US13050WAG69"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-20</maturityDt>
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          <annualizedRt>4.05000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan (state of) Tobacco Settlement Finance Authority</name>
        <lei>N/A</lei>
        <title>Michigan (state of) Tobacco Settlement Finance Authority, Series 2008 C, RB</title>
        <cusip>594751AM1</cusip>
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          <isin value="US594751AM15"/>
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        <balance>214275000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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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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        <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>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding)</name>
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        <name>New York (State of) Dormitory Authority</name>
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        <name>Utah Housing Corp.</name>
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        <name>Highland Meadows Community Development District</name>
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        <name>West Virginia (State of) Hospital Finance Authority (United Health System Obligated)</name>
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        <name>Jefferson (County of), AL</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>California (State of)</name>
        <lei>9845007J7054602FF597</lei>
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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>California (State of) Health Facilities Financing Authority (Cedars-Sinai Health System)</name>
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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 Counties Tobacco Trust VI</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <cusip>56681NCN5</cusip>
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          <isin value="US56681NCN57"/>
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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>Stephenson County School District No. 145 Freeport</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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        <cusip>64577BK52</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Missouri (State of) Health &amp; Educational Facilities Authority (SSM Health)</name>
        <lei>549300IWTBCMX5JB3277</lei>
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        <cusip>60637AMQ2</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Waterstone Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Harris (County of), TX Flood Control District (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
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          <isin value="US888808HE58"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Waterstone Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>El Paso (City of), TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Health Facilities Financing Authority (Commonspirit Health)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Salt Verde Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Prince George's (County of), MD (Victoria Falls)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>Chattanooga (City of), TN Health, Educational &amp; Housing Facility Board (CommonSpirit Health)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Knox (County of), TN Health, Educational &amp; Housing Facility Board (University of Tennessee)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio (State of) Higher Educational Facility Commission (Xavier University)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Inland Empire Tobacco Securitization Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jefferson County Township High School District No. 201</name>
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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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        <fairValLevel>2</fairValLevel>
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        <name>Harris (County of), TX Port Authority of Houston</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>3</fairValLevel>
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        <name>Celebrate North Community Development Authority (Celebrate VA North)</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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        <fairValLevel>2</fairValLevel>
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        <name>Florida Development Finance Corp.</name>
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        <name>New York City Housing Development Corp.</name>
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        <name>Illinois (State of) Regional Transportation Authority</name>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Waterford Estates Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
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        <name>Kentucky (Commonwealth of) Public Energy Authority</name>
        <lei>549300XEJZWHYSY4SL55</lei>
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          <isin value="US74440DEC48"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-01</maturityDt>
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        <name>Chesapeake Bay Bridge &amp; Tunnel District</name>
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        <cusip>16514PAD1</cusip>
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          <isin value="US16514PAD15"/>
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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>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania (Commonwealth of) Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <cusip>709225AW6</cusip>
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          <isin value="US709225AW64"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Merrill Ranch Community Facilities District No. 1 (Assessment Area One)</name>
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        <cusip>590209AQ5</cusip>
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          <isin value="US590209AQ58"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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      <invstOrSec>
        <name>Central Plains Energy Project (No. 3)</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project (No. 3), Series 2017 A, Ref. RB</title>
        <cusip>154871CL9</cusip>
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          <isin value="US154871CL95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Yorkville (United City of), IL (United City Special Services Area)</name>
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        <cusip>987361AJ1</cusip>
        <identifiers>
          <isin value="US987361AJ18"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Illinois (State of)</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>Illinois (State of), Series 2018 A, GO Bonds</title>
        <cusip>452152X97</cusip>
        <identifiers>
          <isin value="US452152X977"/>
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        <balance>2610000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Georgia Housing &amp; Finance Authority</name>
        <lei>549300I628IMF9PWV724</lei>
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        <cusip>37353PVK2</cusip>
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          <isin value="US37353PVK29"/>
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        <balance>2035000.00000000</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>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB</title>
        <cusip>888808HG0</cusip>
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          <isin value="US888808HG07"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Aquarion Water Authority</name>
        <lei>N/A</lei>
        <title>Aquarion Water Authority, Series 2026, RB</title>
        <cusip>03843TAV3</cusip>
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          <isin value="US03843TAV35"/>
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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>Washington Metropolitan Area Transit Authority</name>
        <lei>549300ADKOK76HQMJS30</lei>
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        <cusip>93878YAU3</cusip>
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          <isin value="US93878YAU38"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Cuyahoga (County of), OH (MetroHealth System)</name>
        <lei>549300GHDK9DGLUNJU89</lei>
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        <cusip>2322655V6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Delaware (County of), PA Authority (Neumann University)</name>
        <lei>N/A</lei>
        <title>Delaware (County of), PA Authority (Neumann University), Series 2016, Ref. RB</title>
        <cusip>246008NT9</cusip>
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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 (Virgin Islands Gross Receipts Taxes Loan Note)</name>
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        <title>Virgin Islands (Government of) Public Finance Authority (Virgin Islands Gross Receipts Taxes Loan Note), Series 2012 A, Ref. RB</title>
        <cusip>927676RR9</cusip>
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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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      <invstOrSec>
        <name>Carter (County of), OK Public Facilities Authority</name>
        <lei>N/A</lei>
        <title>Carter (County of), OK Public Facilities Authority, Series 2018, RB</title>
        <cusip>146201DL9</cusip>
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          <isin value="US146201DL91"/>
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        <balance>3350000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
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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>Southwestern Illinois Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jefferson County Township High School District No. 201</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>South Carolina Jobs-Economic Development Authority </name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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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>Build NYC Resource Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Columbus Regional Airport Authority (John Glenn Columbus International Airport)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Las Vegas Valley Water District</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>Onondaga Civic Development Corp.</name>
        <lei>N/A</lei>
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        <cusip>682832LL2</cusip>
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          <isin value="US682832LL27"/>
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        <fairValLevel>2</fairValLevel>
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        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>St. Louis (City of), MO</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of) Toll Highway Authority</name>
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        <cusip>452252PQ6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <cusip>79574CFR9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>University of Puerto Rico</name>
        <lei>N/A</lei>
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        <cusip>914811PR9</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of)</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
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        <cusip>20775DX80</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin (State of) Public Finance Authority (Explore Knowledge Foundation)</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Stephenson County School District No. 145 Freeport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Desert Public Infrastructure District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (State of) Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) Housing Finance Agency (Social Certificates)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jefferson County Township High School District No. 201</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stephenson County School District No. 145 Freeport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Katy 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>California (State of) County Tobacco Securitization Agency</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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        <fairValLevel>2</fairValLevel>
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        <name>University of Kansas Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chester (County of), PA Industrial Development Authority (Longwood Gardens) (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iowa (State of) Finance Authority (Iowa Fertilizer Co.)</name>
        <lei>549300NQVL49BTHOW391</lei>
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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>Louisiana Public Facilities Authority</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>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>New Hampshire (State of) Business Finance Authority (University Hospitals Home Care Services, Inc.)</name>
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          <isin value="US63610JAA60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-15</maturityDt>
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      <invstOrSec>
        <name>Los Angeles Unified School District (Green Bonds)</name>
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          <isin value="US544647GD62"/>
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        <curCd>USD</curCd>
        <valUSD>5245535.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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        <name>New York City Housing Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-01</maturityDt>
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        <name>Festival Ranch Community Facilities District (Assessment Districts Nos. 4 &amp; 5)</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <cusip>20775DN99</cusip>
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          <isin value="US20775DN992"/>
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        <balance>5255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5501311.31000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>PRIFA Custodial Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-03-15</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Washington Metropolitan Area Transit Authority (Green Bonds)</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>Washington Metropolitan Area Transit Authority (Green Bonds), Series 2023 A, RB</title>
        <cusip>93878YCT4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Harris County Hospital District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York (State of) Thruway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mississippi (State of) Development Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Urban Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp V</name>
        <lei>254900XZ4J30QIJO9G03</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Stephenson County School District No. 145 Freeport</name>
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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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      <invstOrSec>
        <name>Atlanta (City of), GA Urban Residential Finance Authority (Trestletree Village Apartments)</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>Clark (County of), NV (Special Improvement District No. 128)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ridgewood Trails Community Development District</name>
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          <isin value="US76628LAA35"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Indigo Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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        <name>Tampa (City of), FL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-09-01</maturityDt>
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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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        <name>Pennsylvania (Commonwealth of)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colorado (State of) Health Facilities Authority (CommonSpirit Health)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Phoenix Civic Improvement Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aurora (City of), CO (Pipeline/Interceptor)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PRIFA Custodial Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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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>Pennsylvania (Commonwealth of) Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Tennessee Energy Acquisition Corp.</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeast Energy Authority, A Cooperative District (No. 2)</name>
        <lei>25490090A3RLJHITY273</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Harvey (City of), IL</name>
        <lei>N/A</lei>
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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>2054-01-01</maturityDt>
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      <invstOrSec>
        <name>Arizona (State of) Industrial Development Authority (Provident Group-NCCU Properties LLC)</name>
        <lei>N/A</lei>
        <title>Arizona (State of) Industrial Development Authority (Provident Group-NCCU Properties LLC), Series 2019 A, RB</title>
        <cusip>04052VAU4</cusip>
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          <isin value="US04052VAU44"/>
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        <balance>570000.00000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority (TBTA Capital Lockbox Fund)</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <cusip>896032BC2</cusip>
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          <isin value="US896032BC24"/>
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        <balance>1500000.00000000</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>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Palm Beach (County of), FL Health Facilities Authority (Jupiter Medical Center)</name>
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        <cusip>69651ACZ5</cusip>
        <identifiers>
          <isin value="US69651ACZ57"/>
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        <balance>1385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1348971.72000000</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>2055-11-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Public Authority for Colorado Energy</name>
        <lei>549300C6IJKXQOMRAB11</lei>
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        <cusip>744387AC5</cusip>
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          <isin value="US744387AC51"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014309.02000000</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>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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 2025 A, RB</title>
        <cusip>79739GSJ6</cusip>
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          <isin value="US79739GSJ66"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10490421.00000000</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California (State of) Community Choice Financing Authority (Green Bonds)</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 C, RB</title>
        <cusip>13013JCM6</cusip>
        <identifiers>
          <isin value="US13013JCM62"/>
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        <balance>3250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3411108.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <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>500000.00000000</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>2036-10-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Stephenson County School District No. 145 Freeport</name>
        <lei>N/A</lei>
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        <cusip>858892NW8</cusip>
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          <isin value="US858892NW82"/>
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        <balance>30000.00000000</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>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin (State of) Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74448GAB5</cusip>
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          <isin value="US74448GAB59"/>
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        <balance>6750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5501250.00000000</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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          <annualizedRt>0.00000000</annualizedRt>
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        <name>New York Transportation Development Corp. (Terminal 4 JFK International Airport)</name>
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        <cusip>650116EQ5</cusip>
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        <balance>2305000.00000000</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>2035-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Miami-Dade (County of), FL Transit System</name>
        <lei>N/A</lei>
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        <cusip>59334PHV2</cusip>
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          <isin value="US59334PHV22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
          <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>
        <title>San Diego (County of), CA Regional Airport Authority, Series 2019 A, Ref. RB</title>
        <cusip>79739GLE4</cusip>
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        <balance>5000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Metropolitan Area Transit Authority</name>
        <lei>549300ADKOK76HQMJS30</lei>
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        <cusip>93878YED7</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-07-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Creekside Community Development District</name>
        <lei>N/A</lei>
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        <cusip>225508AF7</cusip>
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        <balance>730000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.20000000</annualizedRt>
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        <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>544446DC8</cusip>
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          <isin value="US544446DC85"/>
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        <balance>2765000.00000000</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>2056-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <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>
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        <balance>600000.00000000</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>2053-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <fairValLevel>3</fairValLevel>
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        <name>Colorado State University Research Foundation</name>
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        <name>Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay)</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Vista Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stephenson County School District No. 145 Freeport</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hudson County Improvement Authority (Hudson County Courthouse)</name>
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        <name>Rhode Island Health &amp; Educational Building Corp. (Lifespan Obligated Group)</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan (State of) Strategic Fund (Wolverine Human Services)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan (State of) Finance Authority (Universal Learning Academy)</name>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</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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        <name>Washington (State of) Health Care Facilities Authority (Virginia Mason Medical Center)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland (State of) Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BNC Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Denham Springs (City of) &amp; Livingston (Parish of), LA Housing &amp; Mortgage Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Peace River Manasota Regional Water Supply Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gilberts (Village of), IL Special Service Area No. 24 (The Conservancy)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nebraska Investment Finance Authority (Social Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey (State of) Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kentucky (Commonwealth of) Property &amp; Building Commission (No. 115)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Agency, Inc. (Florida Charter Educational Foundation, Inc.)</name>
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        <name>Transbay Joint Powers Authority (Green Bonds)</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>Chapel 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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        <fairValLevel>2</fairValLevel>
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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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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Pennsylvania (Commonwealth of) Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Washington State Housing Finance Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pennsylvania (Commonwealth of) Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia School District (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas (County of), TX Flood Control District No. 1</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>Metropolitan Nashville Airport Authority (The)</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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      <invstOrSec>
        <name>South Bay Community Development District</name>
        <lei>N/A</lei>
        <title>South Bay Community Development District, Series 2005 A-2, Ref. RB</title>
        <cusip>836454AF5</cusip>
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          <isin value="US836454AF50"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Port Authority</name>
        <lei>254900JRR8IDSSKWCL90</lei>
        <title>Massachusetts Port Authority, Series 2026, RB</title>
        <cusip>575896A21</cusip>
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          <isin value="US575896A219"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10419364.00000000</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>5.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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        <title>County of Miami-Dade FL Water &amp; Sewer System Revenue, Series 2025 A, RB</title>
        <cusip>59334DQP2</cusip>
        <identifiers>
          <isin value="US59334DQP23"/>
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        <balance>6850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6930440.24000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 A, Ref. RB</title>
        <cusip>888808HJ4</cusip>
        <identifiers>
          <isin value="US888808HJ46"/>
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        <balance>5005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5126378.26000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Forney Independent School District</name>
        <lei>N/A</lei>
        <title>Forney Independent School District, Series 2023, GO Bonds</title>
        <cusip>346425JY8</cusip>
        <identifiers>
          <isin value="US346425JY88"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10439312.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority (TBTA Capital Lockbox Fund)</name>
        <lei>54930020ZN4LQF7K3456</lei>
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        <cusip>896032BB4</cusip>
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          <isin value="US896032BB41"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1538306.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Walled Lake Consolidated School District</name>
        <lei>N/A</lei>
        <title>Walled Lake Consolidated School District, Series 2019, GO Bonds</title>
        <cusip>932423UF1</cusip>
        <identifiers>
          <isin value="US932423UF10"/>
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        <balance>2485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2344150.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois (State of)</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>Illinois (State of), Series 2018 A, Ref. GO Bonds</title>
        <cusip>4521522R1</cusip>
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          <isin value="US4521522R15"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>771544.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Detroit (City of), MI</name>
        <lei>N/A</lei>
        <title>Detroit (City of), MI, Series 2003 B-R, RB</title>
        <cusip>2512377M9</cusip>
        <identifiers>
          <isin value="US2512377M90"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60210.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens)</name>
        <lei>N/A</lei>
        <title>Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens), Series 2018 A-1, RB</title>
        <cusip>67556TCX9</cusip>
        <identifiers>
          <isin value="US67556TCX90"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>884942.52000000</valUSD>
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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>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey (State of) Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>6461367L9</cusip>
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          <isin value="US6461367L99"/>
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        <balance>8250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7337245.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>549300EIUFISISP8X671</lei>
        <title>Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB</title>
        <cusip>74529JPW9</cusip>
        <identifiers>
          <isin value="US74529JPW98"/>
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        <balance>9853000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9323731.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pottsville (City of), PA Hospital Authority (Lehigh Valley)</name>
        <lei>N/A</lei>
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        <cusip>738435CP9</cusip>
        <identifiers>
          <isin value="US738435CP90"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4030512.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York Counties Tobacco Trust II</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust II, Series 2001, RB</title>
        <cusip>62947VAP2</cusip>
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          <isin value="US62947VAP22"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51009.77000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>Dallas &amp; Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport)</name>
        <lei>N/A</lei>
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        <cusip>23503CBN6</cusip>
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          <isin value="US23503CBN65"/>
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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>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma Municipal Power Authority</name>
        <lei>54930074Q1M8747DCS20</lei>
        <title>Oklahoma Municipal Power Authority, Series 2025, RB</title>
        <cusip>67910HTA8</cusip>
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        <balance>6150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6388013.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Puerto Rico (Commonwealth of)</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds</title>
        <cusip>74514L3G0</cusip>
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          <isin value="US74514L3G08"/>
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        <balance>2009098.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2042093.42000000</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>5.62500000</annualizedRt>
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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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        <fairValLevel>2</fairValLevel>
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        <name>Amelia Concourse Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois (State of)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Transbay Joint Powers Authority (Green Bonds)</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lamar Consolidated Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US513174H963"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland Department of Housing &amp; Community Development</name>
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        <cusip>57419U4L9</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <cusip>118217CZ9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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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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        <fairValLevel>2</fairValLevel>
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        <name>Southwest Independent School District</name>
        <lei>N/A</lei>
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        <cusip>845267D83</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan (State of) Finance Authority (Old Redforf Academy)</name>
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        <cusip>594479AH0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <cusip>254842AK3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Twin Rivers Unified School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Jarrell Independent School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-02-15</maturityDt>
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        <name>Brookhaven (City of), GA Urban Redevelopment Agency</name>
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        <cusip>113077BF7</cusip>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Series 2018 B, Ref. RB</title>
        <cusip>888808HT2</cusip>
        <identifiers>
          <isin value="US888808HT28"/>
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        <balance>4120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3985123.15000000</valUSD>
        <pctVal>0.223110622123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hawaii (State of)</name>
        <lei>N/A</lei>
        <title>Hawaii (State of), Series 2025 B, RB</title>
        <cusip>419794K76</cusip>
        <identifiers>
          <isin value="US419794K769"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10407650.00000000</valUSD>
        <pctVal>0.582681432653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</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>Cook (County of), IL</name>
        <lei>N/A</lei>
        <title>Cook (County of), IL, Series 2021 A, Ref. RB</title>
        <cusip>213248CP0</cusip>
        <identifiers>
          <isin value="US213248CP00"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3245656.75000000</valUSD>
        <pctVal>0.181710945793</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</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>Rhode Island Housing &amp; Mortgage Finance Corp.</name>
        <lei>254900N9FNYNPO539444</lei>
        <title>Rhode Island Housing &amp; Mortgage Finance Corp., Series 2026, RB</title>
        <cusip>76221SRL7</cusip>
        <identifiers>
          <isin value="US76221SRL78"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1219472.00000000</valUSD>
        <pctVal>0.068273211727</pctVal>
        <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>4.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The))</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)), Series 2016, Ref. RB</title>
        <cusip>72177MRK5</cusip>
        <identifiers>
          <isin value="US72177MRK52"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>832571.73000000</valUSD>
        <pctVal>0.046612260060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energy Southeast, A Cooperative District</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
        <title>Energy Southeast, A Cooperative District, Series 2024 B, RB</title>
        <cusip>292723BN2</cusip>
        <identifiers>
          <isin value="US292723BN27"/>
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        <balance>4500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4719499.20000000</valUSD>
        <pctVal>0.264225310734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Variable</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>
      <invstOrSec>
        <name>Wylie Independent School District</name>
        <lei>N/A</lei>
        <title>Wylie Independent School District, Series 2024, GO Bonds</title>
        <cusip>98306ECC6</cusip>
        <identifiers>
          <isin value="US98306ECC66"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5144644.50000000</valUSD>
        <pctVal>0.288027444019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hampshire (State of) Business Finance Authority (Social Bonds)</name>
        <lei>N/A</lei>
        <title>New Hampshire (State of) Business Finance Authority (Social Bonds), Series 2022-2A, RB</title>
        <cusip>63607WAE4</cusip>
        <identifiers>
          <isin value="US63607WAE49"/>
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        <balance>4808942.22000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4671020.80000000</valUSD>
        <pctVal>0.261511204902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-20</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TSASC, Inc.</name>
        <lei>N/A</lei>
        <title>TSASC, Inc., Series 2016 B, Ref. RB</title>
        <cusip>898526FQ6</cusip>
        <identifiers>
          <isin value="US898526FQ64"/>
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        <balance>13790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12927129.36000000</valUSD>
        <pctVal>0.723736699022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-09-30</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>
