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          <isin value="US09204TAA97"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Broward FL Tourist Development Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US115085AX05"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US118217CZ97"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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          <isin value="US126292CQ24"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
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          <isin value="US13013JAR77"/>
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        <fairValLevel>2</fairValLevel>
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        <name>California Community Choice Financing Authority</name>
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          <isin value="US13013JGF75"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Health Facilities Financing Authority</name>
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          <isin value="US13032UB319"/>
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        <fairValLevel>2</fairValLevel>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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          <isin value="US13034A7E44"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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        <title>CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
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        <name>California Municipal Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-20</maturityDt>
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        <name>California Pollution Control Financing Authority</name>
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        <name>California Public Finance Authority</name>
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        <name>California Enterprise Development Authority</name>
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        <name>Capital Trust Agency Inc</name>
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        <name>Capital Trust Agency Inc</name>
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        <name>Chester County Health and Education Facilities Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Chicago Board of Education</name>
        <lei>54930099NR6T9V7LVB43</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>Downtown Revitalization Public Infrastructure District</name>
        <lei>N/A</lei>
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          <isin value="US26118TAX81"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <cusip>26118TBV1</cusip>
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          <isin value="US26118TBV17"/>
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        <curCd>USD</curCd>
        <valUSD>240340.07000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Eagle Mountain &amp; Saginaw Independent School District</name>
        <lei>N/A</lei>
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        <cusip>269696SF8</cusip>
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          <isin value="US269696SF86"/>
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        <curCd>USD</curCd>
        <valUSD>763994.62000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>East Point Business &amp; Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>274502AA1</cusip>
        <identifiers>
          <isin value="US274502AA10"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>117000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EP Royal Estates PFC</name>
        <lei>N/A</lei>
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        <cusip>29415NAA5</cusip>
        <identifiers>
          <isin value="US29415NAA54"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>341241.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Finley Woods Community Development District</name>
        <lei>N/A</lei>
        <title>FINLEY WOODS CMNTY DEV DIST FL CAPITAL IMPT REVENUE</title>
        <cusip>318023AC2</cusip>
        <identifiers>
          <isin value="US318023AC21"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253052.24000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Finley Woods Community Development District</name>
        <lei>N/A</lei>
        <title>FINLEY WOODS CMNTY DEV DIST FL CAPITAL IMPT REVENUE</title>
        <cusip>318023AD0</cusip>
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          <isin value="US318023AD04"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388274.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>FLORIDA ST DEV FIN CORP</title>
        <cusip>340618DR5</cusip>
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          <isin value="US340618DR59"/>
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        <balance>1760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1741219.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp</name>
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          <isin value="US340618DW45"/>
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        <curCd>USD</curCd>
        <valUSD>394114.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp</name>
        <lei>549300HC854CNBLMWC48</lei>
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          <isin value="US34061XAB82"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Housing Finance Corp</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>FLORIDA HSG FIN CORP REVENUE</title>
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          <isin value="US34074NFS36"/>
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        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
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        <name>Florida Housing Finance Corp</name>
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        <name>University of Florida Department of Housing &amp; Residence Education Hsg Sys Rev</name>
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          <isin value="US34157TEJ16"/>
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        <name>City of Fort Lauderdale FL Water &amp; Sewer Revenue</name>
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        <name>Geisinger Authority</name>
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          <isin value="US368497JV62"/>
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          <maturityDt>2050-04-01</maturityDt>
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        <name>Georgia Housing &amp; Finance Authority</name>
        <lei>549300I628IMF9PWV724</lei>
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          <isin value="US37353PUL11"/>
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          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>City of Grand Forks ND</name>
        <lei>N/A</lei>
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          <isin value="US38546WEP14"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
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      <invstOrSec>
        <name>State of Hawaii Airports System Revenue</name>
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        <name>City of Henderson KY</name>
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        <name>City of Houston TX Airport System Revenue</name>
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        <name>Illinois Housing Development Authority</name>
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        <name>Illinois Finance Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Indiana Finance Authority</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA ST FIN AUTH THERMAL ENERGY SYSTEM UTILITY REVENUE</title>
        <cusip>45471GAX7</cusip>
        <identifiers>
          <isin value="US45471GAX79"/>
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        <balance>665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>707950.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK</title>
        <cusip>45528VFS3</cusip>
        <identifiers>
          <isin value="US45528VFS34"/>
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        <balance>990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1034729.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</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>
      <invstOrSec>
        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IOWA ST FIN AUTH REVENUE</title>
        <cusip>46247SFV1</cusip>
        <identifiers>
          <isin value="US46247SFV16"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>798313.46000000</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>2059-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</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>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
        <title>JEFFERSON CNTY AL SWR REVENUE WARRANTS</title>
        <cusip>472682ZS5</cusip>
        <identifiers>
          <isin value="US472682ZS54"/>
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        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>545396.70000000</valUSD>
        <pctVal>0.227184793986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</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>County of King WA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>KING CNTY WA SWR REVENUE</title>
        <cusip>495290EF1</cusip>
        <identifiers>
          <isin value="US495290EF18"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>610485.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.51000000</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>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE</title>
        <cusip>51265KFJ2</cusip>
        <identifiers>
          <isin value="US51265KFJ25"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220121.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</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>Lancaster Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>LANCASTER PA INDL DEV AUTH</title>
        <cusip>514349CW7</cusip>
        <identifiers>
          <isin value="US514349CW75"/>
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        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>675259.34000000</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>2044-12-01</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>
      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No 814</name>
        <lei>N/A</lei>
        <title>LAS VEGAS NV SPL IMPT DIST #814</title>
        <cusip>51778UAR7</cusip>
        <identifiers>
          <isin value="US51778UAR77"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>115636.27000000</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>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No 814</name>
        <lei>N/A</lei>
        <title>LAS VEGAS NV SPL IMPT DIST #814</title>
        <cusip>51778UAS5</cusip>
        <identifiers>
          <isin value="US51778UAS50"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272066.13000000</valUSD>
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        <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>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Leander Independent School District</name>
        <lei>N/A</lei>
        <title>LEANDER TX INDEP SCH DIST</title>
        <cusip>521841S80</cusip>
        <identifiers>
          <isin value="US521841S808"/>
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        <balance>1325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1380967.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lee County Industrial Development Authority/FL</name>
        <lei>N/A</lei>
        <title>LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE</title>
        <cusip>52349EES5</cusip>
        <identifiers>
          <isin value="US52349EES54"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>508380.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.38000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lee County Industrial Development Authority/FL</name>
        <lei>N/A</lei>
        <title>LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE</title>
        <cusip>52349EET3</cusip>
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          <isin value="US52349EET38"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>528522.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>LOUISIANA PUB FACS AUTH REVENUE</title>
        <cusip>546399TA4</cusip>
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          <isin value="US546399TA40"/>
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        <balance>1810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1704094.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisiana Stadium &amp; Exposition District</name>
        <lei>5493000QEHWDGVGH7J62</lei>
        <title>LOUISIANA STADIUM &amp; EXPOSITION DIST LA</title>
        <cusip>546410CX7</cusip>
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          <isin value="US546410CX70"/>
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        <balance>1995000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2043839.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lower Alabama Gas District/The</name>
        <lei>549300YTI1NTDG2OVU42</lei>
        <title>LOWER AL GAS DIST GAS PROJ REVENUE</title>
        <cusip>547804AE4</cusip>
        <identifiers>
          <isin value="US547804AE44"/>
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        <balance>1205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1272151.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas Inc</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE</title>
        <cusip>56035DGC0</cusip>
        <identifiers>
          <isin value="US56035DGC02"/>
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        <balance>2830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2937589.81000000</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>Floating</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE</title>
        <cusip>56681NEP8</cusip>
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          <isin value="US56681NEP87"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>261164.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Maryland Economic Development Corp</name>
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        <name>Maryland Stadium Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Mesa AZ Utility System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facs Bd</name>
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        <name>Metropolitan Government Nashville &amp; Davidson County Sports Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN Water &amp; Sewer Revenue</name>
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          <isin value="US5920983R69"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Miami-Dade Seaport Department</name>
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        <name>Michigan Finance Authority</name>
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        <name>Michigan Finance Authority</name>
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        <name>Michigan Finance Authority</name>
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        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
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        <name>Minnesota Housing Finance Agency</name>
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        <name>Mississippi Development Bank</name>
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        <name>New Hope Cultural Education Facilities Finance Corp</name>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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          <isin value="US646080WP24"/>
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          <isin value="US646080WQ07"/>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>New York Liberty Development Corp</name>
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        <name>City of New York NY</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York Transportation Development Corp</name>
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        <name>New York Transportation Development Corp</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE</title>
        <cusip>650116GP5</cusip>
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          <isin value="US650116GP57"/>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>493678.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE</title>
        <cusip>650116HR0</cusip>
        <identifiers>
          <isin value="US650116HR05"/>
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        <balance>2055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2078080.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE</title>
        <cusip>650116HY5</cusip>
        <identifiers>
          <isin value="US650116HY55"/>
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        <balance>5350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5429769.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE</title>
        <cusip>650116JQ0</cusip>
        <identifiers>
          <isin value="US650116JQ04"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>860309.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE</title>
        <cusip>65820YVN3</cusip>
        <identifiers>
          <isin value="US65820YVN39"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507113.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-11-01</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>
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      <invstOrSec>
        <name>Northwest Independent School District</name>
        <lei>N/A</lei>
        <title>NORTHWEST TX INDEP SCH DIST</title>
        <cusip>667826HG9</cusip>
        <identifiers>
          <isin value="US667826HG94"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>727120.07000000</valUSD>
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        <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>
          <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>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OHIO ST HOSP REVENUE</title>
        <cusip>67756CFY9</cusip>
        <identifiers>
          <isin value="US67756CFY93"/>
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        <balance>2275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2020131.07000000</valUSD>
        <pctVal>0.841484851235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-15</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>
        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OHIO ST PRIVATE ACTIVITY REVENUE</title>
        <cusip>67759YAX5</cusip>
        <identifiers>
          <isin value="US67759YAX58"/>
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        <balance>1325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1325281.30000000</valUSD>
        <pctVal>0.552045436128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-31</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>Oklahoma Turnpike Authority</name>
        <lei>549300J83EP2PBDYH615</lei>
        <title>OKLAHOMA ST TURNPIKE AUTH</title>
        <cusip>679111D27</cusip>
        <identifiers>
          <isin value="US679111D279"/>
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        <balance>2055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2180413.16000000</valUSD>
        <pctVal>0.908250296637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</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>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>ORANGE CNTY FL HLTH FACS AUTH REVENUE</title>
        <cusip>68450LGQ2</cusip>
        <identifiers>
          <isin value="US68450LGQ23"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>861765.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Osceola Chain Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>OSCEOLA CHAIN LAKES CDD FL CAPITAL IMPT REVENUE</title>
        <cusip>688017AG7</cusip>
        <identifiers>
          <isin value="US688017AG70"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>641159.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Osceola Chain Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>OSCEOLA CHAIN LAKES CDD FL CAPITAL IMPT REVENUE</title>
        <cusip>688017AH5</cusip>
        <identifiers>
          <isin value="US688017AH53"/>
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        <balance>640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>531605.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Palm Beach County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>PALM BEACH CNTY FL HLTH FACS AUTH HOSP REVENUE</title>
        <cusip>69651ABM5</cusip>
        <identifiers>
          <isin value="US69651ABM53"/>
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        <balance>2065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1820336.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Patriots Energy Group Financing Agency</name>
        <lei>5493008X0DFBVFH4HL19</lei>
        <title>PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE</title>
        <cusip>70342PAN4</cusip>
        <identifiers>
          <isin value="US70342PAN42"/>
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        <balance>1970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2118889.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV</title>
        <cusip>70868YAU3</cusip>
        <identifiers>
          <isin value="US70868YAU38"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>546755.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV</title>
        <cusip>70868YAW9</cusip>
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          <isin value="US70868YAW93"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1010109.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE</title>
        <cusip>70879QUL5</cusip>
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          <isin value="US70879QUL57"/>
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        <balance>3300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3413531.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE</title>
        <cusip>70917TUV1</cusip>
        <identifiers>
          <isin value="US70917TUV15"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1059903.93000000</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>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE</title>
        <cusip>71780TBL6</cusip>
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          <isin value="US71780TBL61"/>
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        <curCd>USD</curCd>
        <valUSD>1312977.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>School District of Philadelphia/The</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>PHILADELPHIA PA SCH DIST</title>
        <cusip>717883A77</cusip>
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          <isin value="US717883A778"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>422673.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA WTR &amp; WSTWTR REVENUE</title>
        <cusip>7178932X8</cusip>
        <identifiers>
          <isin value="US7178932X82"/>
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        <balance>1415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1425507.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp</name>
        <lei>N/A</lei>
        <title>PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE</title>
        <cusip>71883MPB4</cusip>
        <identifiers>
          <isin value="US71883MPB45"/>
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        <balance>1165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1186356.90000000</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>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pittsburgh School District</name>
        <lei>549300DCE2NGMJO6P377</lei>
        <title>PITTSBURGH PA SCH DIST</title>
        <cusip>725277RJ8</cusip>
        <identifiers>
          <isin value="US725277RJ81"/>
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        <balance>1165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1025232.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pleasanton Unified School District</name>
        <lei>N/A</lei>
        <title>PLEASANTON CA UNIF SCH DIST</title>
        <cusip>728835P45</cusip>
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          <isin value="US728835P450"/>
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        <balance>2330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2287056.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port of Seattle WA</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>PORT OF SEATTLE WA REVENUE</title>
        <cusip>7353894D7</cusip>
        <identifiers>
          <isin value="US7353894D73"/>
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        <balance>2525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2678596.76000000</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>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI CHRT SCH REVENUE</title>
        <cusip>744396FT4</cusip>
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          <isin value="US744396FT49"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>261167.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI CHRT SCH REVENUE</title>
        <cusip>744396GT3</cusip>
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          <isin value="US744396GT30"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>453328.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky Public Energy Authority</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE</title>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE</title>
        <cusip>74442PL29</cusip>
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          <isin value="US74442PL299"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <title>PUBLIC FIN AUTH WI REVENUE</title>
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          <isin value="US74442PPT65"/>
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        <name>Public Finance Authority</name>
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        <title>PUBLIC FIN AUTH WI ARPT FACS REVENUE</title>
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          <isin value="US74443CAC73"/>
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        <name>Public Finance Authority</name>
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        <title>PUBLIC FIN AUTH WI RETMNT FAC REVENUE</title>
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        <name>Public Finance Authority</name>
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        <title>PUBLIC FIN AUTH WI TOLL REVENUE</title>
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          <maturityDt>2065-12-31</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI TOLL REVENUE</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2065-12-31</maturityDt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US74529JPW98"/>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tahoe-Douglas Visitors Authority</name>
        <lei>N/A</lei>
        <title>TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE</title>
        <cusip>873816AS1</cusip>
        <identifiers>
          <isin value="US873816AS10"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>402850.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE</title>
        <cusip>87638QSE0</cusip>
        <identifiers>
          <isin value="US87638QSE07"/>
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        <balance>1620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1656239.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU</title>
        <cusip>87638RFP7</cusip>
        <identifiers>
          <isin value="US87638RFP73"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2500977.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE</title>
        <cusip>709225GL4</cusip>
        <identifiers>
          <isin value="US709225GL46"/>
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        <balance>4995000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5237151.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Power Authority</name>
        <lei>I5P1GEYFGGMMDOFX2L30</lei>
        <title>NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REVENUE</title>
        <cusip>65000XBW9</cusip>
        <identifiers>
          <isin value="US65000XBW92"/>
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        <balance>3373312.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3513523.93000000</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>2063-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Patriots Energy Group Financing Agency</name>
        <lei>5493008X0DFBVFH4HL19</lei>
        <title>PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE</title>
        <cusip>70342PAR5</cusip>
        <identifiers>
          <isin value="US70342PAR55"/>
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        <balance>10005000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10804423.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE</title>
        <cusip>650116GZ3</cusip>
        <identifiers>
          <isin value="US650116GZ30"/>
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        <balance>9999997.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9982557.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</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>
      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH NY BRIDGE &amp; TUNNEL AUTH SALES TAX REVENUE</title>
        <cusip>896035CE0</cusip>
        <identifiers>
          <isin value="US896035CE02"/>
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        <balance>8263347.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7855587.16000000</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>2063-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
        <lei>549300IWTBCMX5JB3277</lei>
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        <cusip>60637ARH7</cusip>
        <identifiers>
          <isin value="US60637ARH76"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4287106.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE</title>
        <cusip>70879QUK7</cusip>
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          <isin value="US70879QUK74"/>
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        <balance>3988691.28000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4158826.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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      <invstOrSec>
        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
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        <cusip>7178932Y6</cusip>
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          <isin value="US7178932Y65"/>
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        <curCd>USD</curCd>
        <valUSD>3019538.57000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE</title>
        <cusip>64990KHA4</cusip>
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          <isin value="US64990KHA43"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2053-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tampa Bay Water</name>
        <lei>N/A</lei>
        <title>TAMPA BAY FL WTR REGL WTR SPLY AUTH UTILITY SYS REVENUE</title>
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          <isin value="US875124HX00"/>
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        <balance>6671970.64000000</balance>
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        <valUSD>7049534.81000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH NY BRIDGE &amp; TUNNEL AUTH SALES TAX REVENUE</title>
        <cusip>896035CA8</cusip>
        <identifiers>
          <isin value="US896035CA89"/>
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        <balance>5773232.85000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5326412.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-15</maturityDt>
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          <annualizedRt>4.13000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2051-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia Income Tax Revenue</name>
        <lei>549300HWFOZXPKGOX654</lei>
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          <isin value="US25477GYN95"/>
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        <valUSD>4671999.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port of Portland OR Airport Revenue</name>
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        <balance>5320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5641383.33000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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          <isin value="US592647PD78"/>
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        <curCd>USD</curCd>
        <valUSD>6357422.78000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>NEW YORK NY CITY TRANSITIONAL FIN AUTH REV</title>
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          <isin value="US64972JTR94"/>
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        <balance>6520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6795724.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Washington Airports Authority Aviation Revenue</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
        <title>MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE</title>
        <cusip>592647PE5</cusip>
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          <isin value="US592647PE51"/>
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        <curCd>USD</curCd>
        <valUSD>4434081.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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          <isin value="US57582TCS96"/>
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        <balance>3380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3499348.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JEA Water &amp; Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>JEA FL WTR &amp; SWR REVENUE</title>
        <cusip>46615SFN3</cusip>
        <identifiers>
          <isin value="US46615SFN36"/>
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        <balance>4915000.05000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5205821.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>64613CHS0</cusip>
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          <isin value="US64613CHS08"/>
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        <balance>4240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4358123.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Atlanta GA Department of Aviation</name>
        <lei>N/A</lei>
        <title>ATLANTA GA ARPT REVENUE</title>
        <cusip>04780M3D9</cusip>
        <identifiers>
          <isin value="US04780M3D92"/>
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        <balance>5340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5620508.60000000</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NEW YORK CITY NY MUNI WTR FIN AUTH WTR &amp; SWR SYS REVENUE</title>
        <cusip>64972GK29</cusip>
        <identifiers>
          <isin value="US64972GK298"/>
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        <balance>6894707.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7122551.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>County of DeKalb GA Water &amp; Sewerage Revenue</name>
        <lei>N/A</lei>
        <title>DE KALB CNTY GA WTR &amp; SWR REVENUE</title>
        <cusip>240523F47</cusip>
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          <isin value="US240523F478"/>
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        <balance>3460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3586681.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of DeKalb GA Water &amp; Sewerage Revenue</name>
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        <cusip>240523F47</cusip>
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          <isin value="US240523F478"/>
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        <balance>4098492.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4248551.17000000</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>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Housing Development Corp</name>
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          <isin value="US64972KMG75"/>
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        <curCd>USD</curCd>
        <valUSD>2407638.96000000</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>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas City Industrial Development Corp</name>
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          <isin value="US882275AC47"/>
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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</annualizedRt>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp III</name>
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        <cusip>88256HBH0</cusip>
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          <isin value="US88256HBH03"/>
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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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Municipal Gas Acquisition &amp; Supply Corp IV</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp</name>
        <lei>N/A</lei>
        <title>TOBACCO SETTLEMENT FING CORP NJ</title>
        <cusip>888808HQ8</cusip>
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          <isin value="US888808HQ88"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp</name>
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        <cusip>888808HR6</cusip>
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          <isin value="US888808HR61"/>
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        <curCd>USD</curCd>
        <valUSD>2230752.61000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp</name>
        <lei>N/A</lei>
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          <isin value="US888808HT28"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tobacco Settlement Financing Corp/VA</name>
        <lei>N/A</lei>
        <title>TOBACCO SETTLEMENT FING CORP VA</title>
        <cusip>88880NAU3</cusip>
        <identifiers>
          <isin value="US88880NAU37"/>
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        <curCd>USD</curCd>
        <valUSD>799541.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH NY BRIDGE &amp; TUNNEL AUTH SALES TAX REVENUE</title>
        <cusip>896035CA8</cusip>
        <identifiers>
          <isin value="US896035CA89"/>
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        <curCd>USD</curCd>
        <valUSD>1416198.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</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>TSASC Inc/NY</name>
        <lei>N/A</lei>
        <title>TSASC INC NY</title>
        <cusip>898526FF0</cusip>
        <identifiers>
          <isin value="US898526FF00"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>900022.65000000</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>2041-06-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tulsa Municipal Airport Trust Trustees/OK</name>
        <lei>N/A</lei>
        <title>TULSA OK MUNI ARPT TRUST TRUSTEES</title>
        <cusip>899661EM0</cusip>
        <identifiers>
          <isin value="US899661EM05"/>
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        <balance>470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>545639.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>University of Wyoming</name>
        <lei>N/A</lei>
        <title>UNIV OF WYOMING WY UNIV REVENUES</title>
        <cusip>915268J31</cusip>
        <identifiers>
          <isin value="US915268J310"/>
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        <balance>855000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>771036.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Utah UT</name>
        <lei>N/A</lei>
        <title>UTAH CNTY UT HOSP REVENUE</title>
        <cusip>917393BN9</cusip>
        <identifiers>
          <isin value="US917393BN93"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1216393.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Utah UT</name>
        <lei>N/A</lei>
        <title>UTAH CNTY UT HOSP REVENUE</title>
        <cusip>917393DC1</cusip>
        <identifiers>
          <isin value="US917393DC11"/>
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        <balance>1840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1357733.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
        <title>UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE</title>
        <cusip>91754TC68</cusip>
        <identifiers>
          <isin value="US91754TC685"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>323259.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</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>
      <invstOrSec>
        <name>Vancouver Housing Authority</name>
        <lei>N/A</lei>
        <title>VANCOUVER WA HSG AUTH</title>
        <cusip>921626QH3</cusip>
        <identifiers>
          <isin value="US921626QH38"/>
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        <balance>830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>865443.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</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>
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      <invstOrSec>
        <name>Village Community Development District No 15</name>
        <lei>N/A</lei>
        <title>VILLAGE CDD NO 15 SPL ASSMNT REVENUE</title>
        <cusip>92708KAE7</cusip>
        <identifiers>
          <isin value="US92708KAE73"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205604.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR</title>
        <cusip>928097AD6</cusip>
        <identifiers>
          <isin value="US928097AD68"/>
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        <balance>1295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1222195.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waller Consolidated Independent School District</name>
        <lei>N/A</lei>
        <title>WALLER TX INDEP SCH DIST</title>
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          <isin value="US932493LY39"/>
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        <balance>1700000.00000000</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>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE</title>
        <cusip>93878YDY2</cusip>
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          <isin value="US93878YDY23"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2059-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE</title>
        <cusip>939783Q66</cusip>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE</title>
        <cusip>939783Q74</cusip>
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          <isin value="US939783Q745"/>
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        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>WASHINGTON ST HLTH CARE FACS AUTH</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>WASHINGTON ST HLTH CARE FACS AUTH</title>
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        <balance>875000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSION</title>
        <cusip>93978UAA4</cusip>
        <identifiers>
          <isin value="US93978UAA43"/>
        </identifiers>
        <balance>887084.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>873694.03000000</valUSD>
        <pctVal>0.363936925567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.22000000</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>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSION</title>
        <cusip>93978UDT0</cusip>
        <identifiers>
          <isin value="US93978UDT07"/>
        </identifiers>
        <balance>1150478.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1116214.91000000</valUSD>
        <pctVal>0.464958908576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.08000000</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>Washington Township Health Care District</name>
        <lei>N/A</lei>
        <title>WASHINGTON TWP CA HLTH CARE DIST</title>
        <cusip>940642CF6</cusip>
        <identifiers>
          <isin value="US940642CF69"/>
        </identifiers>
        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>945914.20000000</valUSD>
        <pctVal>0.394020210712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</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>BlackRock Liquidity Funds</name>
        <lei>5493007YVNX55LTRQ706</lei>
        <title>BlackRock Liquidity Funds: MuniCash, Institutional Shares</title>
        <cusip>09248U841</cusip>
        <identifiers>
          <isin value="US09248U8412"/>
        </identifiers>
        <balance>6393512.77000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6394152.12000000</valUSD>
        <pctVal>2.663481704419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ysleta Independent School District</name>
        <lei>N/A</lei>
        <title>YSLETA TX INDEP SCH DIST</title>
        <cusip>98816PFN7</cusip>
        <identifiers>
          <isin value="US98816PFN78"/>
        </identifiers>
        <balance>3580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3370778.00000000</valUSD>
        <pctVal>1.404096331173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>BRIGHTLINE WEST EQ WARRANTS</name>
        <lei>N/A</lei>
        <title>BRIGHTLINE WEST EQ WARRANTS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="BlackRock Identifier" value="BYDVG2V98"/>
        </identifiers>
        <balance>6698.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13396.00000000</valUSD>
        <pctVal>0.005580098853</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="WAR">
            <counterparties>
              <counterpartyName>N/A</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Brightline West</issuerName>
                <issueTitle>Brightline West</issueTitle>
                <identifiers>
                  <other otherDesc="Private Company" value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>5.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2035-11-26</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>13396.00000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Item B.2.c amount includes liabilities associated with tender option bond transactions." noteItem="B.2.c"/>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-12</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock MuniHoldings Quality Fund II, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>