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        <curCd>USD</curCd>
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        <name>CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK</name>
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      <invstOrSec>
        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN MATEO JOINT POWERS FINANCING AUTHORITY</name>
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        <cusip>79904NGQ7</cusip>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH SOUTHN CAL T</name>
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        <cusip>888804BB6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA STATE</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST CAS 09/43 FIXED OID 4</title>
        <cusip>13063D5S3</cusip>
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        <balance>1600000.000000</balance>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>COUNTY OF GRAND FORKS</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT</name>
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        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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      <invstOrSec>
        <name>SAN MARCOS REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
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        <name>SAN JUAN UNIFIED SCHOOL DISTRICT</name>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA STATE</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST CAS 11/47 FIXED 4</title>
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          <isin value="US13063DAZ15"/>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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        <name>CALIFORNIA STATE</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
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        <name>CALIFORNIA STATE</name>
        <lei>N/A</lei>
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        <name>RIVERSIDE COUNTY TRANSPORTATION COMMISSION</name>
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        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY ML CERTIFICATES</name>
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      <invstOrSec>
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        <name>PACIFICA SCHOOL DISTRICT</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>CALIFORNIA SCHOOL FINANCE AUTHORITY</name>
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        <name>CENTRAL VALLEY ENERGY AUTHORITY</name>
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      <invstOrSec>
        <name>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</name>
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        <name>LOS ANGELES UNIFIED SCHOOL DISTRICT/CA</name>
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        <name>ANAHEIM UNION HIGH SCHOOL DISTRICT</name>
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        <name>COUNTY OF SACRAMENTO CA</name>
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        <name>TEJON RANCH PUBLIC FACILITIES FINANCE AUTHORITY</name>
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        <name>TOBACCO SECURITIZATION AUTH SOUTHN CAL T</name>
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        <name>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY</name>
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        <name>MOUNT SAN JACINTO COMMUNITY COLLEGE DISTRICT</name>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
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      <invstOrSec>
        <name>LONG BEACH UNIFIED SCHOOL DISTRICT</name>
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        <name>SILICON VALLEY TOBACCO SECURITIZATION AUTHORITY</name>
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        <name>M-S-R ENERGY AUTHORITY</name>
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        <name>EUREKA CITY SCHOOLS</name>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <name>CALIFORNIA PUBLIC FINANCE AUTHORITY</name>
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        <name>ANAHEIM CITY SCHOOL DISTRICT</name>
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      <invstOrSec>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GROSSMONT HEALTHCARE DISTRICT</name>
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        <name>LANCASTER CALIF FING AUTH TAX ALLOCATION</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA STATE UNIVERSITY</name>
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        <name>CITY OF RICHMOND CA WASTEWATER REVENUE</name>
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        <name>M-S-R ENERGY AUTHORITY</name>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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      <invstOrSec>
        <name>CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY</name>
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      <invstOrSec>
        <name>PUERTO RICO GOVT</name>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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      <invstOrSec>
        <name>HASTINGS CAMPUS HOUSING FINANCE AUTHORITY</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>SOUTH SAN FRANCISCO UNIFIED SCHOOL DISTRICT</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <assetCat>DBT</assetCat>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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        <title>CALIFORNIA CMNTY CHOICE FING A CCEDEV 01/56 ADJUSTABLE VAR</title>
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        <name>CHINO VALLEY UNIFIED SCHOOL DISTRICT</name>
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        <name>PUERTO RICO GOVT</name>
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        <name>CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK</name>
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        <name>CHILDRENS TRUST FD TOBACCO SETTLMNT</name>
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        <name>SACRAMENTO CITY UNIFIED SCHOOL DISTRICT/CA</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>LONG BEACH BOND FINANCE AUTHORITY</name>
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        <title>LONG BEACH CA FIN AUTH LNGDEV 08/53 FIXED OID 4</title>
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      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH SOUTHN CAL T</name>
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          <isin value="US888804AZ47"/>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <securityLending>
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      <invstOrSec>
        <name>SAN MATEO COUNTY COMMUNITY COLLEGE DISTRICT</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NORWALK-LA MIRADA UNIFIED SCHOOL DISTRICT</name>
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        <curCd>USD</curCd>
        <valUSD>1961057.560000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <title>CALIFORNIA STWD CMNTYS DEV AUT CASGEN 12/49 FIXED 5</title>
        <cusip>13080ST61</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS</name>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ANGELINA &amp; NECHES RIVER AUTHORITY</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.5</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA ST HLTH FACS FING A CASMED 11/51 FIXED OID 4</title>
        <cusip>13032UMQ8</cusip>
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          <isin value="US13032UMQ84"/>
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        <balance>2250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1931290.200000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>CMFA SPECIAL FINANCE AGENCY VII</name>
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        <balance>1500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>988866.600000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <name>SAN FRANCISCO CITY &amp; COUNTY PUBLIC UTILITIES COMMISSION POWER REVENUE</name>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <name>CHINO VALLEY UNIFIED SCHOOL DISTRICT</name>
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        <name>MANTECA FINANCING AUTHORITY</name>
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        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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      <invstOrSec>
        <name>CSCDA COMMUNITY IMPROVEMENT AUTHORITY</name>
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        <name>ELK GROVE FINANCE AUTHORITY</name>
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        <name>AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01</name>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
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        <name>CITY OF SAN FRANCISCO CA PUBLIC UTILITIES COMMISSION WATER REVENUE</name>
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        <name>BUTTE-GLENN COMMUNITY COLLEGE DISTRICT</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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      <invstOrSec>
        <name>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY</name>
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        <name>CALIFORNIA STATE</name>
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        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <name>CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY</name>
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        <name>MAMMOTH LAKES TOWN OF</name>
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        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>DENTON ESSENTIAL INVESTMENTS PFC</name>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>MOUNT SAN ANTONIO COMMUNITY COLLEGE DISTRICT</name>
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        <name>SOQUEL UNION ELEMENTARY SCHOOL DISTRICT</name>
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        <name>WISCONSIN CENTER DISTRICT</name>
        <lei>N/A</lei>
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        <name>LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY</name>
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        <name>ONTARIO MONTCLAIR CALIF SCH DIST</name>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <name>CITY OF SAN FRANCISCO CA PUBLIC UTILITIES COMMISSION WATER REVENUE</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIVERSIDE COUNTY TRANSPORTATION COMMISSION</name>
        <lei>5493003G0IESJS57M350</lei>
        <title>RIVERSIDE CNTY CA TRANSPRTN CO RIVTRN 06/42 ZEROCPNOID 0</title>
        <cusip>76912DAS7</cusip>
        <identifiers>
          <isin value="US76912DAS71"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431372.300000</valUSD>
        <pctVal>0.276368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS</name>
        <lei>N/A</lei>
        <title>LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/46 FIXED 5</title>
        <cusip>544445SX8</cusip>
        <identifiers>
          <isin value="US544445SX84"/>
        </identifiers>
        <balance>1925000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1926673.600000</valUSD>
        <pctVal>1.23437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STWD CMNTYS DEV AUT CASGEN 08/57 FIXED OID 5.375</title>
        <cusip>13080SM84</cusip>
        <identifiers>
          <isin value="US13080SM848"/>
        </identifiers>
        <balance>950000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>963105.820000</valUSD>
        <pctVal>0.617035</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375</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>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA CMNTY CHOICE FING A CCEDEV 11/54 ADJUSTABLE VAR</title>
        <cusip>13013JDG8</cusip>
        <identifiers>
          <isin value="US13013JDG85"/>
        </identifiers>
        <balance>1750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1855378.180000</valUSD>
        <pctVal>1.18869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHINO VALLEY UNIFIED SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>CHINO VY UNI SCH DIST CALIF 08/39 0</title>
        <cusip>169583JP7</cusip>
        <identifiers>
          <isin value="US169583JP75"/>
        </identifiers>
        <balance>1600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>865157.760000</valUSD>
        <pctVal>0.554282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Total returns do not deduct sales loads and redemption fees." noteItem="B.5.a"/>

      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.c.vi"/>
      <explntrNote note="A negative balance, which may be due to such circumstances as a net overdraft as of the reporting period-end, is reported as $0 in Item B.2.f - Cash and cash equivalents not reported in Parts C and D.  This is done in order to conform to the technical constraints of the XML type, which do not allow negative values in B.2.f." noteItem="B.2.f"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.d.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.e.iii"/>
      <explntrNote note="The form requires the filer to report ISO country codes and certain supranational entities are not on the ISO country code list.  Instruments issued by or economic exposure to a supranational entity may be disclosed as N/A." noteItem="C.5.a"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.f.ii"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-08-19</ncom:dateSigned>
      <ncom:nameOfApplicant>PIMCO California Municipal Income Fund III</ncom:nameOfApplicant>
      <ncom:signature>/s/ Bijal Parikh</ncom:signature>
      <ncom:signerName>Bijal Parikh</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>