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        <name>NEW JERSEY HEALTH CARE</name>
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        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
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        <name>DELAWARE RIV PORT AUTH PA and NJ</name>
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        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
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        <name>DELAWARE RVR JT TOLL BRG PA NJ</name>
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        <name>PORT AUTH NY and NJ</name>
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        <name>NEW JERSEY EDA WTR FACS REV</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>SOUTH JERSEY TR AU NJ TR SY RV</name>
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          <isin value="US838536KA77"/>
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        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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        <name>NEW JERSEY HEALTH CARE</name>
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        <name>PORT AUTH NY and NJ</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>PORT AUTH NY and NJ</name>
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        <name>HUDSON CNTY NJ IMPT AUTH LEASE REV</name>
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          <isin value="US443730PV21"/>
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        <name>SOUTH JERSEY TR AU NJ TR SY RV</name>
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          <isin value="US838536LM07"/>
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        <name>HUDSON CNTY NJ</name>
        <lei>N/A</lei>
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          <isin value="US4437267P31"/>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>PORT AUTH NY and NJ</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
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          <isin value="US646080VP33"/>
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      <invstOrSec>
        <name>MERCER CNTY N J</name>
        <lei>N/A</lei>
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          <isin value="US587839N499"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MERCER CNTY N J</name>
        <lei>N/A</lei>
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          <isin value="US587839N317"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEWARK NJ BD OF ED BD</name>
        <lei>N/A</lei>
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          <isin value="US650370DH93"/>
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      <invstOrSec>
        <name>NEWARK NJ BD OF ED BD</name>
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        <name>NEWARK NJ BD OF ED BD</name>
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        <name>NEWARK NJ BD OF ED BD</name>
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        <name>NEW JERSEY ST HSG and MTG FIN AGY REV</name>
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        <name>NEW JERSEY ST HSG and MTG FIN AGY REV</name>
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        <name>NEW JERSEY ST HSG and MTG FIN AGY REV</name>
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        <name>PUERTO RICO INDL TOURIST EDL MED and ENVIRONMENTAL CTL FACS FING AUTH HOSP REV</name>
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        <name>NEW JERSEY ST HSG and MTG FIN AGY REV</name>
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        <name>PORT AUTH NY and NJ</name>
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      <invstOrSec>
        <name>HILLSBOROUGH TWP N J SCH DIST</name>
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          <isin value="US432380KW21"/>
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      <invstOrSec>
        <name>PASSAIC CNTY N J IMPT AUTH CHARTER SCH REV</name>
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        <name>PASSAIC CNTY N J IMPT AUTH CHARTER SCH REV</name>
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        <name>PASSAIC CNTY N J IMPT AUTH CHARTER SCH REV</name>
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        <name>PASSAIC CNTY N J IMPT AUTH CHARTER SCH REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2026 @</title>
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        <name>ESSEX CNTY NJ</name>
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        <name>WASHINGTON TWP N J BRD ED MORRIS CNTY</name>
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        <name>BERKELY TOWNSHIP NJ</name>
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        <name>PRINCETON NJ</name>
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          <isin value="US742287CF02"/>
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        <name>MONTCLAIR TWP N J BRD ED</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MONMOUTH CNTY NJ IMPT AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US60956PXQ08"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AUDUBON N J SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US051015FV20"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
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      <invstOrSec>
        <name>HANOVER PARK NJ REGL HIGH SCH DIST</name>
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        <cusip>411144EW4</cusip>
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          <isin value="US411144EW46"/>
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        <balance>1120000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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      <invstOrSec>
        <name>MORRIS CNTY NJ</name>
        <lei>N/A</lei>
        <title>MORRIS CO NJ 2% 2/1/2029</title>
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        <identifiers>
          <isin value="US618024BS16"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BERGEN CNTY NJ</name>
        <lei>549300SC7R4EFIYK0S67</lei>
        <title>BERGEN CO NJ 2% 6/1/2028</title>
        <cusip>083763XV9</cusip>
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          <isin value="US083763XV90"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ENGLEWOOD NJ</name>
        <lei>N/A</lei>
        <title>ENGLEWOOD NJ 2% 2/1/2029</title>
        <cusip>293191TQ5</cusip>
        <identifiers>
          <isin value="US293191TQ58"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5.25% 6/15/2050</title>
        <cusip>64613CEH7</cusip>
        <identifiers>
          <isin value="US64613CEH79"/>
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        <balance>14595000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>RAHWAY NJ SCH DIST</name>
        <lei>N/A</lei>
        <title>RAHWAY NJ SCH D 2.125% 7/15/2032</title>
        <cusip>750701ED2</cusip>
        <identifiers>
          <isin value="US750701ED29"/>
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        <balance>2400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
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      <invstOrSec>
        <name>MILLBURN TWP NJ BRD ED</name>
        <lei>N/A</lei>
        <title>MILLBURN TWP N 1% 8/15/2027</title>
        <cusip>600225LY0</cusip>
        <identifiers>
          <isin value="US600225LY03"/>
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        <balance>1430000.00000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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      <invstOrSec>
        <name>MILLBURN TWP NJ BRD ED</name>
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        <title>MILLBURN TWP N 1% 8/15/2028</title>
        <cusip>600225LZ7</cusip>
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          <isin value="US600225LZ77"/>
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        <balance>1100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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      <invstOrSec>
        <name>RIVER VALE TWP N J SCH DIST</name>
        <lei>N/A</lei>
        <title>RIVER VALE TWP 2% 6/15/2030</title>
        <cusip>768466EA8</cusip>
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          <isin value="US768466EA86"/>
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      <invstOrSec>
        <name>DELAWARE RIV and BAY AUTH DEL</name>
        <lei>N/A</lei>
        <title>DEL RIV and BAY 5% 1/1/2041</title>
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          <isin value="US246317KR12"/>
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      <invstOrSec>
        <name>DELAWARE RIV and BAY AUTH DEL</name>
        <lei>N/A</lei>
        <title>DEL RIV and BAY 5% 1/1/2042</title>
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          <isin value="US246317KS94"/>
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      <invstOrSec>
        <name>DELAWARE RIV and BAY AUTH DEL</name>
        <lei>N/A</lei>
        <title>DEL RIV and BAY 5% 1/1/2043</title>
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          <isin value="US246317KT77"/>
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      <invstOrSec>
        <name>DELAWARE RIV and BAY AUTH DEL</name>
        <lei>N/A</lei>
        <title>DEL RIV and BAY 5% 1/1/2044</title>
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      <invstOrSec>
        <name>WASHINGTON TWP NJ BAN</name>
        <lei>N/A</lei>
        <title>WASHINGTON TWP 2% 5/15/2033</title>
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          <isin value="US940416LJ76"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
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      <invstOrSec>
        <name>GLOUCESTER CNTY NJ IMPT AUTH REV</name>
        <lei>N/A</lei>
        <title>GLOUCESTER IMPT 5% 7/1/2054</title>
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          <isin value="US37970PLW04"/>
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        <balance>4650000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
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        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY ST EDL FACS AUTH REV</name>
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        <title>NEW JERSEY ST E 5% 7/1/2026</title>
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          <isin value="US646067HU56"/>
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        <curCd>USD</curCd>
        <valUSD>1210917.36000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW JERSEY ST EDL FACS AUTH REV</name>
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          <isin value="US646067HV30"/>
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        <valUSD>1498185.39000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW JERSEY ST EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST E 5% 7/1/2044</title>
        <cusip>646067JN9</cusip>
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          <isin value="US646067JN95"/>
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        <curCd>USD</curCd>
        <valUSD>1517421.78000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE</name>
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        <title>NJ HLTH CARE 5% 7/1/2027</title>
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          <isin value="US645790SS61"/>
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        <balance>735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>761069.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE</name>
        <lei>N/A</lei>
        <title>NJ HLTH CARE 5% 7/1/2028</title>
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          <isin value="US645790ST45"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE</name>
        <lei>N/A</lei>
        <title>NJ HLTH CARE 5% 7/1/2029</title>
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          <isin value="US645790SU18"/>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>495661.21000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2028 @</title>
        <cusip>646080XN6</cusip>
        <identifiers>
          <isin value="US646080XN66"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2012378.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2029 @</title>
        <cusip>646080XP1</cusip>
        <identifiers>
          <isin value="US646080XP15"/>
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        <curCd>USD</curCd>
        <valUSD>2049289.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2030 @</title>
        <cusip>646080XQ9</cusip>
        <identifiers>
          <isin value="US646080XQ97"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
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          <isin value="US646080XR70"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <cusip>646140GC1</cusip>
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        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2045</title>
        <cusip>646140GD9</cusip>
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          <isin value="US646140GD91"/>
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      <invstOrSec>
        <name>HOWELL TWP NJ</name>
        <lei>N/A</lei>
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          <isin value="US443157KW11"/>
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          <maturityDt>2031-10-01</maturityDt>
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      <invstOrSec>
        <name>LYNDHURST TWP NJ</name>
        <lei>N/A</lei>
        <title>LYNDHURST NJ 2% 3/1/2035</title>
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          <isin value="US551324KC96"/>
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      <invstOrSec>
        <name>PISCATAWAY TWP NJ</name>
        <lei>N/A</lei>
        <title>PISCATAWAY TWP 2% 10/15/2034</title>
        <cusip>724292XP7</cusip>
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          <isin value="US724292XP71"/>
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          <maturityDt>2034-10-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>SAYREVILLE N J</name>
        <lei>N/A</lei>
        <title>SAYREVILLE NJ 2% 11/1/2033</title>
        <cusip>805788XF8</cusip>
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          <isin value="US805788XF89"/>
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        <balance>1925000.00000000</balance>
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        <valUSD>1763340.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAYREVILLE N J</name>
        <lei>N/A</lei>
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          <isin value="US805788XG62"/>
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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>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE</name>
        <lei>N/A</lei>
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          <isin value="US645790UR50"/>
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        <balance>6000000.00000000</balance>
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        <valUSD>5521745.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
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          <isin value="US14760RBA86"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
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          <isin value="US14760RBB69"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
        <lei>N/A</lei>
        <title>CASINO REINVEST 4% 11/1/2044</title>
        <cusip>14760RBS9</cusip>
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          <isin value="US14760RBS94"/>
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          <maturityDt>2044-11-01</maturityDt>
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        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
        <lei>N/A</lei>
        <title>CASINO REINVEST 5% 11/1/2027</title>
        <cusip>14760RBV2</cusip>
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          <isin value="US14760RBV24"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
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        <cusip>14760RBW0</cusip>
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          <isin value="US14760RBW07"/>
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        <valUSD>372676.01000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
        <lei>N/A</lei>
        <title>CASINO REINVEST 5% 11/1/2037</title>
        <cusip>14760RCF6</cusip>
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          <isin value="US14760RCF64"/>
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        <valUSD>852449.85000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CASINO REINVESTMENT DEVELOPMENT AUTHORITY NJ LUXURY TAX REV</name>
        <lei>N/A</lei>
        <title>CASINO REINVEST 5% 11/1/2044</title>
        <cusip>14760RCN9</cusip>
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          <isin value="US14760RCN98"/>
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        <curCd>USD</curCd>
        <valUSD>957472.56000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 9/1/2033 @</title>
        <cusip>73358XNM0</cusip>
        <identifiers>
          <isin value="US73358XNM01"/>
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        <balance>7975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9177276.71000000</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>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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        <cusip>73358XNU2</cusip>
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          <isin value="US73358XNU27"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <cusip>64613CEP9</cusip>
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          <isin value="US64613CEP95"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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          <isin value="US64613CFK99"/>
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      <invstOrSec>
        <name>RUMSON BORO N J SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US781479EX46"/>
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      <invstOrSec>
        <name>RUMSON BORO N J SCH DIST</name>
        <lei>N/A</lei>
        <title>RUMSON BORO N J 2% 7/15/2035</title>
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          <isin value="US781479EW62"/>
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          <maturityDt>2035-07-15</maturityDt>
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      <invstOrSec>
        <name>RUMSON BORO N J SCH DIST</name>
        <lei>N/A</lei>
        <title>RUMSON BORO N J 2% 7/15/2034</title>
        <cusip>781479EV8</cusip>
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          <isin value="US781479EV89"/>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5.25% 6/15/2050</title>
        <cusip>64613CGH5</cusip>
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          <isin value="US64613CGH51"/>
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        <valUSD>15959355.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-15</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5.25% 6/15/2055</title>
        <cusip>64613CGK8</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>MONTCLAIR STATE UNIVERSITY NJ</name>
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        <valUSD>281255.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>WEST WINDSOR PLAINS NJ REG SCH</name>
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        <cusip>956882RE6</cusip>
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          <isin value="US956882RE68"/>
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        <balance>3635000.00000000</balance>
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        <valUSD>3400276.78000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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        <name>NEW JERSEY ST HSG and MTG FIN AGY REV</name>
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          <isin value="US64613ALU42"/>
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        <valUSD>3422681.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>GUAM GOVT WTRWKS AUTH WTR and WST</name>
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          <isin value="US40065FEY60"/>
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        <name>GUAM GOVT WTRWKS AUTH WTR and WST</name>
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          <isin value="US40065FEZ36"/>
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        <name>GUAM GOVT WTRWKS AUTH WTR and WST</name>
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          <isin value="US40065FFA75"/>
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        <name>GUAM GOVT BUSINESS PRIVILEGE TAX REV</name>
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        <name>GUAM GOVT BUSINESS PRIVILEGE TAX REV</name>
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        <name>NJ ST HSG and MTG FIN AGY MFR</name>
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        <name>NJ ST HSG and MTG FIN AGY MFR</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02950000</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>NJ ST HSG and MTG FIN AGY MFR</name>
        <lei>N/A</lei>
        <title>NJ ST HMFA MF1 2.95% 5/1/2027</title>
        <cusip>6461086J4</cusip>
        <identifiers>
          <isin value="US6461086J44"/>
        </identifiers>
        <balance>580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>580739.09000000</valUSD>
        <pctVal>0.083622447090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02950000</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>NJ ST HSG and MTG FIN AGY MFR</name>
        <lei>N/A</lei>
        <title>NJ ST HMFA MF1 2.95% 11/1/2027</title>
        <cusip>6461086K1</cusip>
        <identifiers>
          <isin value="US6461086K17"/>
        </identifiers>
        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>626664.88000000</valUSD>
        <pctVal>0.090235445957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02950000</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>NJ ST HSG and MTG FIN AGY MFR</name>
        <lei>N/A</lei>
        <title>NJ ST HMFA MF1 3% 5/1/2028</title>
        <cusip>6461086L9</cusip>
        <identifiers>
          <isin value="US6461086L99"/>
        </identifiers>
        <balance>765000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>767828.51000000</valUSD>
        <pctVal>0.110562040781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>NJ ST HSG and MTG FIN AGY MFR</name>
        <lei>N/A</lei>
        <title>NJ ST HMFA MF1 3% 11/1/2028</title>
        <cusip>6461086M7</cusip>
        <identifiers>
          <isin value="US6461086M72"/>
        </identifiers>
        <balance>790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>793007.29000000</valUSD>
        <pctVal>0.114187612461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>DELAWARE RIV PORT AUTH PA and NJ</name>
        <lei>N/A</lei>
        <title>DEL RIV PORT 5% 1/1/2038</title>
        <cusip>246352JH2</cusip>
        <identifiers>
          <isin value="US246352JH21"/>
        </identifiers>
        <balance>3170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3667839.31000000</valUSD>
        <pctVal>0.528143711895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>DELAWARE RIV PORT AUTH PA and NJ</name>
        <lei>N/A</lei>
        <title>DEL RIV PORT 5% 1/1/2039</title>
        <cusip>246352JJ8</cusip>
        <identifiers>
          <isin value="US246352JJ86"/>
        </identifiers>
        <balance>5250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6036451.58000000</valUSD>
        <pctVal>0.869207638254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>DELAWARE RIV PORT AUTH PA and NJ</name>
        <lei>N/A</lei>
        <title>DEL RIV PORT 5% 1/1/2040</title>
        <cusip>246352JK5</cusip>
        <identifiers>
          <isin value="US246352JK59"/>
        </identifiers>
        <balance>4750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5413837.20000000</valUSD>
        <pctVal>0.779555436524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 10/15/2033 @</title>
        <cusip>73358XRG9</cusip>
        <identifiers>
          <isin value="US73358XRG96"/>
        </identifiers>
        <balance>9195000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10595306.55000000</valUSD>
        <pctVal>1.525651495891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 6/15/2050</title>
        <cusip>64613CHQ4</cusip>
        <identifiers>
          <isin value="US64613CHQ42"/>
        </identifiers>
        <balance>11190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11702490.81000000</valUSD>
        <pctVal>1.685078437860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CALDWELL NJ</name>
        <lei>N/A</lei>
        <title>CALDWELL NJ/AGMC 2.375% 1/15/40</title>
        <cusip>129065JL3</cusip>
        <identifiers>
          <isin value="US129065JL39"/>
        </identifiers>
        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>428229.41000000</valUSD>
        <pctVal>0.061662098861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2035</title>
        <cusip>646140GT4</cusip>
        <identifiers>
          <isin value="US646140GT44"/>
        </identifiers>
        <balance>2420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2771445.95000000</valUSD>
        <pctVal>0.399069214226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2034</title>
        <cusip>646140GS6</cusip>
        <identifiers>
          <isin value="US646140GS60"/>
        </identifiers>
        <balance>4500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5121584.55000000</valUSD>
        <pctVal>0.737473058770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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="As of March 2025, 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>2026-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>