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      <invstOrSec>
        <name>ANGELINA &amp; NECHES RIV AUTH TEX INDL DEV CORP SOLID WASTE DISP &amp; WASTEWATER TREATMENT</name>
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        <name>ARIZONA INDL DEV AUTH ECONOMIC DEV REV</name>
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          <isin value="US040523AF98"/>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH ED REV</name>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH SR LIVING REV</name>
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          <isin value="US04052TDD46"/>
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      <invstOrSec>
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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV</name>
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        <cusip>04110FAA3</cusip>
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          <isin value="US04110FAA30"/>
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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH INDL DEV REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH INDL DEV REV</name>
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          <isin value="US04108WCC47"/>
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        <name>ARLINGTON TEX HIGHER ED FIN CORP ED REV</name>
        <lei>N/A</lei>
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          <isin value="US041807PV47"/>
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        <name>AT&amp;T INC.</name>
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        <title>AT&amp;T Inc PREFERRED STOCK</title>
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        <name>ATLANTA GA DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>ATLANTA GA DEV AUTH ATLANTA DEVELOPMENT AUTHORITY/THE</title>
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          <isin value="US04780NMW47"/>
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        <name>ATLANTIC BEACH FLA HEALTH CARE FACS REV</name>
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        <title>ATLANTIC BEACH FL HLTH CARE FA CITY OF ATLANTIC BEACH FL</title>
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        <name>AUGUSTA GA DEV AUTH REV</name>
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        <name>AUSTIN AFFORDABLE PFC INC TEX MULTIFAMILY HSG REV</name>
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        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED</name>
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        <name>AVIATION STA NORTH MET DIST NO 2 COLO</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>THE ALLSTATE CORPORATION</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>Allstate Corp/The PREFERRED STOCK</title>
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          <isin value="US0200028126"/>
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        <balance>21234.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ARCH CAPITAL GROUP LTD.</name>
        <lei>549300AYR4P8AFKDCE43</lei>
        <title>Arch Capital Group Ltd PREFERRED STOCK</title>
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          <isin value="US03939A1079"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AXIS CAPITAL HOLDINGS LIMITED</name>
        <lei>635400VD2NQBYAHMEM55</lei>
        <title>Axis Capital Holdings Ltd PREFERRED STOCK</title>
        <cusip>05461T305</cusip>
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          <isin value="US05461T3059"/>
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        <balance>13008.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BALDWIN CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV</name>
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        <title>BALDWIN CNTY AL INDL DEV AUTH BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>05786PAB9</cusip>
        <identifiers>
          <isin value="US05786PAB94"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BALDWIN CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV</name>
        <lei>N/A</lei>
        <title>BALDWIN CNTY AL INDL DEV AUTH BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>05786PAA1</cusip>
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          <isin value="US05786PAA12"/>
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        <invCountry>US</invCountry>

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        <name>Banco Bilbao Vizcaya Argentaria, S.A.</name>
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        <cusip>05946KAM3</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <delta>XXXX</delta>
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        <name>Banco Santander, S.A.</name>
        <lei>5493006QMFDDMYWIAM13</lei>
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        <cusip>05971KAP4</cusip>
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          <isin value="US05971KAP49"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <cusip>06055HAB9</cusip>
        <identifiers>
          <isin value="US06055HAB96"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP 6.250000% MATURITY: PERPETUAL</title>
        <cusip>06055HAK9</cusip>
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        <balance>2000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP 6.625000% MATURITY: PERPETUAL</title>
        <cusip>06055HAH6</cusip>
        <identifiers>
          <isin value="US06055HAH66"/>
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        <balance>3600000.00000000</balance>
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        <valUSD>3768872.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BANK OF MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>BANK OF MONTREAL 6.875000% 11/26/2085</title>
        <cusip>06368L8V1</cusip>
        <identifiers>
          <isin value="US06368L8V16"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>825136.80000000</valUSD>
        <pctVal>0.100310088164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2085-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
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              <title>BMO 6.875 11/26/2085</title>
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        <name>BANK OF MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>BANK OF MONTREAL 7.700000% 05/26/2084</title>
        <cusip>06368LQ58</cusip>
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          <isin value="US06368LQ586"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2118460.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.70000000</annualizedRt>
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              <title>BMO 7.7 05/26/2084</title>
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                <cusip value="063671101"/>
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      <invstOrSec>
        <name>The Bank of New York Mellon Corporation</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>BANK OF NEW YORK MELLON CORP/THE 3.750000% MATURITY: PERPETUAL</title>
        <cusip>064058AL4</cusip>
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          <isin value="US064058AL44"/>
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        <balance>4300000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2174-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>The Bank of New York Mellon Corporation</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>BANK OF NEW YORK MELLON CORP/THE 5.625000% MATURITY: PERPETUAL</title>
        <cusip>064058AS9</cusip>
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          <isin value="US064058AS96"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>999804.44000000</valUSD>
        <pctVal>0.121544053693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BERKS CNTY PA MUN AUTH REV</name>
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        <name>BIRMINGHAM ALA SPL CARE FACS FING AUTH REVS</name>
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        <name>BLYTHE TWP PA SOLID WASTE AUTH REV</name>
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        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <name>BP CAPITAL MARKETS P.L.C.</name>
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        <name>BRAZORIA CNTY TEX INDL DEV CORP SOLID WASTE DISP FACS REV</name>
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      <invstOrSec>
        <name>BRAZORIA CNTY TEX INDL DEV CORP SOLID WASTE DISP FACS REV</name>
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        <valUSD>70302.65000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BRAZORIA CNTY TEX INDL DEV CORP SOLID WASTE DISP FACS REV</name>
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        <cusip>10604PAC7</cusip>
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          <isin value="US10604PAC77"/>
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        <curCd>USD</curCd>
        <valUSD>24000.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>BRISTOL TENN INDL DEV BRD TAX INCREMENT REV</name>
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        <cusip>11023QAB8</cusip>
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          <isin value="US11023QAB86"/>
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        <valUSD>1758324.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>BROADWAY STA MET DIST NO 3 COLO</name>
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          <isin value="US111571AB19"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334702.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUCKEYE OHIO TOB SETTLEMENT FING AUTH</name>
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        <cusip>118217CZ9</cusip>
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          <isin value="US118217CZ97"/>
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        <curCd>USD</curCd>
        <valUSD>6357997.80000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US118217DA38"/>
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        <valUSD>3274656.70000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP N Y REV</name>
        <lei>N/A</lei>
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          <isin value="US12008ELR52"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1500009.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>BANK OF AMERICA CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BANK OF HAWAII CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CALHOUN CNTY TEX NAV INDL DEV AUTH FAC REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.62500000</annualizedRt>
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        <name>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV</name>
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        <name>CALIFORNIA HSG FIN AGY LTD OBLIG MULTIFAMILY HSG REV</name>
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        <name>CALIFORNIA HSG FIN AGY LTD OBLIG MULTIFAMILY HSG REV</name>
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        <name>CALIFORNIA HSG FIN AGY LTD OBLIG MULTIFAMILY HSG REV</name>
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        <name>CALIFORNIA MUN FIN AUTH STUDENT RESIDENCE REV</name>
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        <name>CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV</name>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH POLLUTION CTL REV</name>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE FING AUTH TOBACCO SETTLEMENT</name>
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        <name>BANQUE CANADIENNE IMPERIALE DE COMMERCE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CITIGROUP INC.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <name>CLEVELAND TENN HEALTH &amp; EDL FACS BRD MULTIFAMILY HSG REV</name>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CORPORATION</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp PREFERRED STOCK</title>
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        <curCd>USD</curCd>
        <valUSD>1382656.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CITIZENS FINANCIAL GROUP, INC.</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DALLAS TEX HSG FIN CORP MULTIFAMILY HSG REV</name>
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        <cusip>235298BW5</cusip>
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          <isin value="US235298BW53"/>
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        <valUSD>1034429.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>DAYTON-MONTGOMERY CNTY OHIO PORT AUTH MULTIFAMILY HSG REV</name>
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        <title>DAYTON-MONTGOMERY CNTY OH PORT DAYTON-MONTGOMERY COUNTY PORT AUTHORITY</title>
        <cusip>23982CAM9</cusip>
        <identifiers>
          <isin value="US23982CAM91"/>
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        <curCd>USD</curCd>
        <valUSD>533382.05000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>DELAWARE ST ECONOMIC DEV AUTH RETIREMENT CMNTYS REV</name>
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        <title>DELAWARE ST ECON DEV AUTH RETM DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY</title>
        <cusip>246371AD0</cusip>
        <identifiers>
          <isin value="US246371AD05"/>
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        <curCd>USD</curCd>
        <valUSD>1013853.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DENTON ESSENTIAL INVTS PFC TEX ESSENTIAL FUNCTION HSG DEV REV</name>
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        <title>DENTON ESSENTIAL INVTS PFC TEXESSENTIAL FUNCTION HSG DEV REV EDEN VLG TOWNHOMES-SERA A</title>
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          <isin value="US24881CAD92"/>
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        <curCd>USD</curCd>
        <valUSD>2899449.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DENVER COLO INTL BUSINESS CTR MET DIST NO 1</name>
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        <title>DENVER CO INTERNATIONAL BUSINE DENVER INTERNATIONAL BUSINESS CENTER METROPOLITAN</title>
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          <isin value="US249197BB93"/>
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        <curCd>USD</curCd>
        <valUSD>1147420.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>DETROIT MICH</name>
        <lei>N/A</lei>
        <title>DETROIT MI CITY OF DETROIT MI</title>
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        <identifiers>
          <isin value="US251093S844"/>
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        <balance>5767043.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4701464.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DETROIT MICH</name>
        <lei>N/A</lei>
        <title>DETROIT MI CITY OF DETROIT MI</title>
        <cusip>2510936C9</cusip>
        <identifiers>
          <isin value="US2510936C90"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1160963.00000000</valUSD>
        <pctVal>0.141135749715</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DIRECTOR ST NEV DEPT BUSINESS &amp; IND ENVIRONMENTAL IMPT REV</name>
        <lei>N/A</lei>
        <title>DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS &amp; INDUSTRY</title>
        <cusip>25461PAC7</cusip>
        <identifiers>
          <isin value="US25461PAC77"/>
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        <balance>1754068.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17.54000000</valUSD>
        <pctVal>0.000002132299</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>DIRECTOR ST NEV DEPT BUSINESS &amp; IND ENVIRONMENTAL IMPT REV</name>
        <lei>N/A</lei>
        <title>DIRECTOR OF THE ST OF NEVADA D STATE OF NEVADA DEPARTMENT OF BUSINESS &amp; INDUSTRY</title>
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        <identifiers>
          <isin value="US25461PAE34"/>
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        <valUSD>26.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA REV</name>
        <lei>N/A</lei>
        <title>DIST OF COLUMBIA REVENUE DISTRICT OF COLUMBIA</title>
        <cusip>25483VXR0</cusip>
        <identifiers>
          <isin value="US25483VXR04"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617496.49000000</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>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dominion Energy, Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>DOMINION ENERGY INC 4.350000% MATURITY: PERPETUAL</title>
        <cusip>25746UDM8</cusip>
        <identifiers>
          <isin value="US25746UDM80"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1094664.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DOMINION WTR &amp; SANTN DIST COLO REV</name>
        <lei>N/A</lei>
        <title>DOMINION WTR &amp; SANTN DIST CO R DOMINION WATER &amp; SANITATION DISTRICT</title>
        <cusip>25755AAE1</cusip>
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          <isin value="US25755AAE10"/>
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        <curCd>USD</curCd>
        <valUSD>4102512.52000000</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>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ELECTRICITE DE FRANCE SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>ELECTRICITE DE FRANCE SA 9.125000% MATURITY: PERPETUAL</title>
        <cusip>F2941JAA8</cusip>
        <identifiers>
          <isin value="USF2941JAA81"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1189384.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</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>ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV</name>
        <lei>N/A</lei>
        <title>ENERGY S E AL A COOPERATIVE DI ENERGY SOUTHEAST A COOPERATIVE DISTRICT</title>
        <cusip>292723AY9</cusip>
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          <isin value="US292723AY90"/>
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        <curCd>USD</curCd>
        <valUSD>1127662.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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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>ENTERGY TEXAS, INC.</name>
        <lei>LWXX58X12AJXISQ28573</lei>
        <title>Entergy Texas Inc PREFERRED STOCK</title>
        <cusip>29365T302</cusip>
        <identifiers>
          <isin value="US29365T3023"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQUITABLE HOLDINGS, INC.</name>
        <lei>549300FIBAKMNHPZ4009</lei>
        <title>Equitable Holdings Inc PREFERRED STOCK</title>
        <cusip>29452E408</cusip>
        <identifiers>
          <isin value="US29452E4089"/>
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        <balance>57619.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>954170.64000000</valUSD>
        <pctVal>0.115996451767</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EQUITABLE HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FARM CREDIT BANK OF TEXAS</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA DEV FIN CORP EDL FACS REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FLORIDA HIGHER EDL FACS FING AUTH REV</name>
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        <name>FRANKLIN CNTY OHIO CONVENTION FACS AUTH HOTEL PROJ REV</name>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <lei>THRNG6BD57P9QWTQLG42</lei>
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        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp PREFERRED STOCK</title>
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        <name>GAINESVILLE &amp; HALL CNTY GA DEV AUTH EDL FACS REV</name>
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        <name>GEO L SMITH II GA WORLD CONGRESS CTR AUTH CONVENTION CTR HOTEL REV</name>
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        <name>GRAND FORKS CNTY N D SOLID WASTE DISP FAC REV</name>
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        <name>HANOVER CNTY VA ECONOMIC DEV AUTH RESIDENTIAL CARE FAC REV</name>
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        <name>HARVEST CROSSING MET DIST NO 4 COLO</name>
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        <name>HASTINGS CAMPUS HSG FIN AUTH CALIF CAMPUS HSG REV</name>
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        <name>HEMPSTEAD TOWN N Y LOC DEV CORP ED REV</name>
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        <name>HIGHLANDS CNTY FLA HEALTH FACS AUTH SR LIVING REV</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSIDE ILL TAX INCREMENT REV</name>
        <lei>N/A</lei>
        <title>HILLSIDE IL TAX INCR REVENUE VILLAGE OF HILLSIDE IL</title>
        <cusip>432638AD6</cusip>
        <identifiers>
          <isin value="US432638AD67"/>
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        <balance>950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>957934.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOUSTON TEX ARPT SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE</title>
        <cusip>442349HV1</cusip>
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          <isin value="US442349HV18"/>
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        <curCd>USD</curCd>
        <valUSD>4470873.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOUSTON TEX ARPT SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ARPT SYS REVENUE CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE</title>
        <cusip>442349KG0</cusip>
        <identifiers>
          <isin value="US442349KG04"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>276384.65000000</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>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <identifiers>
          <isin value="US404280BL25"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1514740.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>Y</isMandatoryConvrtbl>
          <isContngtConvrtbl>Y</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
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              <title>HSBA 6 PERP</title>
              <curCd>GBP</curCd>
              <identifiers>
                <isin value="GB0005405286"/>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="287.36457944" curCd="GBP"/>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUNTINGTON BANCSHARES INCORPORATED</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES INC/OH 4.450000% MATURITY: PERPETUAL</title>
        <cusip>446150AV6</cusip>
        <identifiers>
          <isin value="US446150AV63"/>
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        <balance>4218000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4188804.27000000</valUSD>
        <pctVal>0.509223834918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUNTINGTON BANCSHARES INCORPORATED</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES INC/OH 6.250000% MATURITY: PERPETUAL</title>
        <cusip>446150BG8</cusip>
        <identifiers>
          <isin value="US446150BG87"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1762953.50000000</valUSD>
        <pctVal>0.214318426975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2175-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>IDAHO HSG &amp; FIN ASSN NONPROFIT FACS REV</name>
        <lei>N/A</lei>
        <title>IDAHO ST HSG &amp; FIN ASSN NONPRO IDAHO HOUSING &amp; FINANCE ASSOCIATION</title>
        <cusip>45129GDD4</cusip>
        <identifiers>
          <isin value="US45129GDD43"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>227308.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>ILLINOIS FIN AUTH CHARTER SCH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH CHRT SCHR ILLINOIS FINANCE AUTHORITY</title>
        <cusip>452022BU9</cusip>
        <identifiers>
          <isin value="US452022BU91"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726732.60000000</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>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45204EA73</cusip>
        <identifiers>
          <isin value="US45204EA734"/>
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        <balance>1560613.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46818.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>Y</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>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45204FN92</cusip>
        <identifiers>
          <isin value="US45204FN924"/>
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        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492769.10000000</valUSD>
        <pctVal>0.059904868945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45200F6G9</cusip>
        <identifiers>
          <isin value="US45200F6G90"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1500000.00000000</valUSD>
        <pctVal>0.182351741247</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.84999885</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45204FKR5</cusip>
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          <isin value="US45204FKR54"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>317540.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILLINOIS FINANCE AUTHORITY</title>
        <cusip>45204EA65</cusip>
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          <isin value="US45204EA650"/>
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        <balance>1560613.18000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46818.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST STATE OF ILLINOIS</title>
        <cusip>452153KA6</cusip>
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          <isin value="US452153KA61"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2166884.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST STATE OF ILLINOIS</title>
        <cusip>452152Y21</cusip>
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          <isin value="US452152Y215"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2548746.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDEPENDENCE MINN CHARTER SCH LEASE REV</name>
        <lei>N/A</lei>
        <title>INDEPENDENCE MN CHRT SCH LEASE CITY OF INDEPENDENCE MN</title>
        <cusip>45362RAA5</cusip>
        <identifiers>
          <isin value="US45362RAA59"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>164849.90000000</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>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDIANA FIN AUTH EXEMPT FAC REV</name>
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        <title>INDIANA ST FIN AUTH EXEMPT FAC INDIANA FINANCE AUTHORITY</title>
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          <isin value="US45470DAA54"/>
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      <invstOrSec>
        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</name>
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        <title>INDIANAPOLIS IN LOCAL PUBLIC I INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-03-01</maturityDt>
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      <invstOrSec>
        <name>ING Groep N.V.</name>
        <lei>549300NYKK9MWM7GGW15</lei>
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          <isin value="US456837AR44"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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            <dbtSecRefInstrument>
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          <currencyInfos>
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      <invstOrSec>
        <name>ING Groep N.V.</name>
        <lei>549300NYKK9MWM7GGW15</lei>
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          <isin value="US456837BT90"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2174-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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            <dbtSecRefInstrument>
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      <invstOrSec>
        <name>IOWA FIN AUTH MIDWESTERN DISASTER AREA REV</name>
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        <title>IOWA ST FIN AUTH MIDWSTRN DISA IOWA FINANCE AUTHORITY</title>
        <cusip>46246SAW5</cusip>
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          <isin value="US46246SAW52"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>IOWA FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IOWA ST FIN AUTH REVENUE IOWA FINANCE AUTHORITY</title>
        <cusip>46247SCZ5</cusip>
        <identifiers>
          <isin value="US46247SCZ56"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IOWA FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IOWA ST FIN AUTH REVENUE IOWA FINANCE AUTHORITY</title>
        <cusip>46247SFU3</cusip>
        <identifiers>
          <isin value="US46247SFU33"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>964978.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IOWA FIN AUTH SR HSG REV</name>
        <lei>N/A</lei>
        <title>IOWA ST FIN AUTH SENIOR HSG RE IOWA FINANCE AUTHORITY</title>
        <cusip>46245FAT1</cusip>
        <identifiers>
          <isin value="US46245FAT12"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>621708.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IOWA FIN AUTH SR LIVING FAC REV</name>
        <lei>N/A</lei>
        <title>IOWA ST FIN AUTH SENIOR LIVING IOWA FINANCE AUTHORITY</title>
        <cusip>46247CCZ0</cusip>
        <identifiers>
          <isin value="US46247CCZ05"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>774595.43000000</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>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO 6.500000% MATURITY: PERPETUAL</title>
        <cusip>48128AAJ2</cusip>
        <identifiers>
          <isin value="US48128AAJ25"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1571225.48000000</valUSD>
        <pctVal>0.191010468113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO 6.875000% MATURITY: PERPETUAL</title>
        <cusip>48128BAQ4</cusip>
        <identifiers>
          <isin value="US48128BAQ41"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4776484.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>KANSAS ST DEV FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>KANSAS ST DEV FIN AUTH REVENUE KANSAS DEVELOPMENT FINANCE AUTHORITY</title>
        <cusip>48542RCA0</cusip>
        <identifiers>
          <isin value="US48542RCA05"/>
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        <balance>1025000.00000000</balance>
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        <valUSD>947564.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KENTUCKY ECONOMIC DEV FIN AUTH HEALTH CARE REV</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST ECON DEV FIN AUTH KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY</title>
        <cusip>49126TAX0</cusip>
        <identifiers>
          <isin value="US49126TAX00"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>716863.30000000</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>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>KENTUCKY ECONOMIC DEV FIN AUTH HEALTH CARE REV</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST ECON DEV FIN AUTH KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY</title>
        <cusip>49126TAW2</cusip>
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          <isin value="US49126TAW27"/>
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        <balance>1700000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KEYCORP 5.000000% MATURITY: PERPETUAL</title>
        <cusip>493267AK4</cusip>
        <identifiers>
          <isin value="US493267AK43"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2991300.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>KING CNTY WASH PUB HOSP DIST NO 004 HOSP REV</name>
        <lei>N/A</lei>
        <title>KING CNTY WA PUBLIC HOSP DIST KING COUNTY PUBLIC HOSPITAL DISTRICT NO 4</title>
        <cusip>494796AG0</cusip>
        <identifiers>
          <isin value="US494796AG05"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512697.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KINSTON MET DIST COLO NO 5</name>
        <lei>N/A</lei>
        <title>KINSTON MET DIST CO #5 KINSTON METROPOLITAN DISTRICT NO 5</title>
        <cusip>49717MAE2</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>KEYCORP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>LAKEWOOD RANCH STEWARDSHIP DIST FLA SPL ASSMT REV</name>
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          <isin value="US51265KGJ16"/>
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        <curCd>USD</curCd>
        <valUSD>1455510.45000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LANCASTER CNTY PA HOSP AUTH REV</name>
        <lei>N/A</lei>
        <title>LANCASTER CNTY PA HOSP AUTH LANCASTER COUNTY HOSPITAL AUTHORITY/PA</title>
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          <isin value="US514045W666"/>
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        <valUSD>3020346.90000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LEES SUMMIT MO INDL DEV AUTH SR LIVING FACS REV</name>
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          <isin value="US524292AS87"/>
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        <curCd>USD</curCd>
        <valUSD>954825.69000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>LEWISTOWN COMM CTR CMNTY DEV AUTH VA REV</name>
        <lei>N/A</lei>
        <title>LEWISTOWN COMMERCE CENTER VA C LEWISTOWN COMMERCE CENTER COMMUNITY DEVELOPMENT AU</title>
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        <identifiers>
          <isin value="US528734AH95"/>
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        <balance>34419.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23824.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LEWISTOWN COMM CTR CMNTY DEV AUTH VA REV</name>
        <lei>N/A</lei>
        <title>LEWISTOWN COMMERCE CENTER VA C LEWISTOWN COMMERCE CENTER COMMUNITY DEVELOPMENT AU</title>
        <cusip>528734AJ5</cusip>
        <identifiers>
          <isin value="US528734AJ51"/>
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        <balance>23000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19476.91000000</valUSD>
        <pctVal>0.002367765635</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEWISTOWN COMM CTR CMNTY DEV AUTH VA REV</name>
        <lei>N/A</lei>
        <title>LEWISTOWN COMMERCE CENTER VA C LEWISTOWN COMMERCE CENTER COMMUNITY DEVELOPMENT AU</title>
        <cusip>528734AK2</cusip>
        <identifiers>
          <isin value="US528734AK25"/>
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        <curCd>USD</curCd>
        <valUSD>53100.00000000</valUSD>
        <pctVal>0.006455251640</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY N Y DEV CORP REV</name>
        <lei>N/A</lei>
        <title>LIBERTY DEV CORP NY REVENUE NEW YORK LIBERTY DEVELOPMENT CORP</title>
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        <identifiers>
          <isin value="US531127CM87"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1231446.90000000</valUSD>
        <pctVal>0.149704324312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
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        <identifiers>
          <isin value="US53944YAV56"/>
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        <balance>4800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5214835.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2174-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isContngtConvrtbl>Y</isContngtConvrtbl>
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            <dbtSecRefInstrument>
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              <title>LLOY 8 PERP</title>
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      <invstOrSec>
        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH REV</name>
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        <title>LOUISIANA ST LOCAL GOVT ENVRNM LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIE</title>
        <cusip>54628CER9</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>LOUISIANA ST LOCAL GOVT ENVRNM LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIE</title>
        <cusip>54628CES7</cusip>
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          <isin value="US54628CES70"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH REV</name>
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        <title>LOUISIANA ST LOCAL GOVT ENVRNM LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIE</title>
        <cusip>54628CJC7</cusip>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>M&amp;T BANK CORPORATION</name>
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        <name>M-S-R ENERGY AUTH CALIF GAS REV</name>
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        <title>M-S-R CA ENERGY AUTH GAS REVEN M-S-R ENERGY AUTHORITY</title>
        <cusip>55374SAJ9</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MAIN STR NAT GAS INC GA GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>MAIN STREET NATURAL GAS INC GA MAIN STREET NATURAL GAS INC</title>
        <cusip>56035DEN8</cusip>
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          <isin value="US56035DEN84"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAIN STR NAT GAS INC GA GAS SUPPLY REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MEMPHIS-SHELBY CNTY TENN INDL DEV BRD ECONOMIC DEV GROWTH ENGINE TAX INCREMENT REV</name>
        <lei>N/A</lei>
        <title>MEMPHIS-SHELBY CNTY TN INDL DE MEMPHIS-SHELBY COUNTY INDUSTRIAL DEVELOPMENT BOARD</title>
        <cusip>58611YAB0</cusip>
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          <isin value="US58611YAB02"/>
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        <valUSD>532817.74000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>METLIFE, INC.</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
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          <isin value="US59156RCR75"/>
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        <curCd>USD</curCd>
        <valUSD>496472.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA SEAPORT REV</name>
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        <title>MIAMI-DADE CNTY FL SEAPORT REV COUNTY OF MIAMI-DADE SEAPORT DEPARTMENT</title>
        <cusip>59335KFB8</cusip>
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          <isin value="US59335KFB89"/>
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        <valUSD>1022494.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MIAMI-DADE CNTY FLA WTR &amp; SWR REV</name>
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        <title>MIAMI-DADE CNTY FL WTR &amp; SWR R COUNTY OF MIAMI-DADE FL WATER &amp; SEWER SYSTEM REVEN</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST FIN AUTH LTD OBLIG MICHIGAN FINANCE AUTHORITY</title>
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        <identifiers>
          <isin value="US594479FT97"/>
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        <valUSD>232406.04000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST FIN AUTH LTD OBLIG MICHIGAN FINANCE AUTHORITY</title>
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        <identifiers>
          <isin value="US594479FS15"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155953.91000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST FIN AUTH REVENUE MICHIGAN FINANCE AUTHORITY</title>
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          <isin value="US59447TVD26"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST FIN AUTH REVENUE MICHIGAN FINANCE AUTHORITY</title>
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          <isin value="US59447TJ202"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST FIN AUTH REVENUE MICHIGAN FINANCE AUTHORITY</title>
        <cusip>59447TM26</cusip>
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          <isin value="US59447TM263"/>
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        <valUSD>2088592.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST TOBACCO SETTLEMENT MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY</title>
        <cusip>594751AM1</cusip>
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          <isin value="US594751AM15"/>
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        <name>MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV</name>
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        <name>MIDA MTN VLG PUB INFRASTRUCTURE DIST UTAH TAX ALLOCATION REV</name>
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        <title>MIDA MOUNTAIN VLG PUBLIC INFRA MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRI</title>
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      <invstOrSec>
        <name>MIDA MTN VLG PUB INFRASTRUCTURE DIST UTAH TAX ALLOCATION REV</name>
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        <title>MIDA MOUNTAIN VLG PUBLIC INFRA MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRI</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV</name>
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          <isin value="US64542PEX96"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ECONOMIC DEV AUTH ECONOMIC DEV REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV</name>
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        <name>NEW JERSEY ST EDL FACS AUTH REV</name>
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      <invstOrSec>
        <name>NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REV</name>
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        <name>NORTH EAST TEX REGL MOBILITY AUTH REV</name>
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        <name>NORTHERN TRUST CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NORTHERN TOB SECURITIZATION CORP ALASKA TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <name>OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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      <invstOrSec>
        <name>OKLAHOMA DEV FIN AUTH REV</name>
        <lei>N/A</lei>
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        <name>PASSAIC CNTY N J IMPT AUTH CHARTER SCH REV</name>
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        <name>PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV</name>
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        <name>PAYNE CNTY OKLA ECONOMIC DEV AUTH REV</name>
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        <name>POLK CNTY FLA INDL DEV AUTH INDL DEV REV</name>
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        <name>PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV</name>
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        <name>PUBLIC FIN AUTH WIS EDL FAC REV</name>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS EDL FAC REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI EDUCTNL FAC PUBLIC FINANCE AUTHORITY</title>
        <cusip>74443DFP1</cusip>
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          <isin value="US74443DFP15"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS EDL FAC REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI EDUCTNL FAC PUBLIC FINANCE AUTHORITY</title>
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          <isin value="US74443DDG34"/>
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        <valUSD>2444702.50000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS PROJ REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI PROJ REVENU PUBLIC FINANCE AUTHORITY</title>
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          <isin value="US74444UAC62"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS RETIREMENT FAC REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI RETMNT FAC PUBLIC FINANCE AUTHORITY</title>
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          <isin value="US74444VAW00"/>
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        <curCd>USD</curCd>
        <valUSD>2291156.25000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442PDD4</cusip>
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          <isin value="US74442PDD42"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1225000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442PJS5</cusip>
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          <isin value="US74442PJS56"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442PJV8</cusip>
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          <isin value="US74442PJV85"/>
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        <balance>5070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2281500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS SR LIVING REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI SENIOR LIVI PUBLIC FINANCE AUTHORITY</title>
        <cusip>74443UBC6</cusip>
        <identifiers>
          <isin value="US74443UBC62"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1711940.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS SPL REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI SPL REVENUE PUBLIC FINANCE AUTHORITY</title>
        <cusip>74447TAA0</cusip>
        <identifiers>
          <isin value="US74447TAA07"/>
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        <balance>321000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248521.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS TOLL REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN AUTH WI TOLL REVENU PUBLIC FINANCE AUTHORITY</title>
        <cusip>74448UAD0</cusip>
        <identifiers>
          <isin value="US74448UAD00"/>
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        <balance>4800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5019946.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
        <title>PUERTO RICO CMWLTH COMMONWEALTH OF PUERTO RICO</title>
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          <isin value="US74514L4C84"/>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
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          <isin value="US74514L4E41"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
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          <isin value="US74514L3T29"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR REV</name>
        <lei>N/A</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWRR PUERTO RICO ELECTRIC POWER AUTHORITY</title>
        <cusip>74526YFW0</cusip>
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          <isin value="US74526YFW03"/>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR REV</name>
        <lei>N/A</lei>
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          <isin value="US74526YEX94"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR REV</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR REV</name>
        <lei>N/A</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWRR PUERTO RICO ELECTRIC POWER AUTHORITY</title>
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          <isin value="US74526QLY60"/>
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        <balance>6570000.00000000</balance>
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        <valUSD>6415303.44000000</valUSD>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
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          <isin value="US74529JQH13"/>
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      <invstOrSec>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
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        <cusip>74529JRJ6</cusip>
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          <isin value="US74529JRJ69"/>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
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        <cusip>74529JRQ0</cusip>
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          <isin value="US74529JRQ03"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RENO NEV SALES TAX REV</name>
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          <isin value="US759861EJ20"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RENO NEV SALES TAX REV</name>
        <lei>N/A</lei>
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          <isin value="US759861EK92"/>
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        <valUSD>1156429.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BANQUE ROYALE DU CANADA</name>
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          <isin value="US780082AT05"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>BANQUE ROYALE DU CANADA</name>
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          <isin value="US780082AY99"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BANQUE ROYALE DU CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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          <isin value="US780082AV50"/>
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        <fairValLevel>2</fairValLevel>
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        <name>BANQUE ROYALE DU CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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          <isin value="US780082AR49"/>
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        <name>REGIONS FINANCIAL CORPORATION</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp PREFERRED STOCK</title>
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          <isin value="US7591EP8604"/>
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        <name>REGIONS FINANCIAL CORPORATION</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp PREFERRED STOCK</title>
        <cusip>7591EP704</cusip>
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          <isin value="US7591EP7044"/>
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        <name>REGIONS FINANCIAL CORPORATION</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp PREFERRED STOCK</title>
        <cusip>7591EP886</cusip>
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          <isin value="US7591EP8869"/>
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        <balance>48202.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>RENAISSANCERE HOLDINGS LTD.</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd PREFERRED STOCK</title>
        <cusip>G7498P127</cusip>
        <identifiers>
          <isin value="BMG7498P1279"/>
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        <balance>59750.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ST LOUIS MO LD CLEARANCE REDEV AUTH ANNUAL APPROPRIATION REDEV REV</name>
        <lei>N/A</lei>
        <title>SAINT LOUIS MO LAND CLEARANCE ST LOUIS LAND CLEARANCE FOR REDEVELOPMENT AUTHORIT</title>
        <cusip>85233SAN8</cusip>
        <identifiers>
          <isin value="US85233SAN80"/>
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        <balance>2085000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2081974.25000000</valUSD>
        <pctVal>0.253101086479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>SOCIETE GENERALE SA</name>
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        <valUSD>220760.80000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SOLEIL HILLS PUB INFRASTRUCTURE DIST NO 1 UTAH</name>
        <lei>N/A</lei>
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        <cusip>834201AA3</cusip>
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          <isin value="US834201AA31"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH ECONOMIC DEV REV</name>
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        <title>SOUTH CAROLINA ST JOBS-ECON DE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY</title>
        <cusip>837031J79</cusip>
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          <isin value="US837031J796"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH SR LIVING REV</name>
        <lei>N/A</lei>
        <title>SOUTH CAROLINA ST JOBS-ECON DE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY</title>
        <cusip>83704KAB6</cusip>
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          <isin value="US83704KAB61"/>
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        <valUSD>515815.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>SOUTH SALT LAKE UTAH REDEV AGY TAX INCREMENT REV</name>
        <lei>N/A</lei>
        <title>SOUTH SALT LAKE UT REDEV AGY T SOUTH SALT LAKE REDEVELOPMENT AGENCY</title>
        <cusip>83985AAA0</cusip>
        <identifiers>
          <isin value="US83985AAA07"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511868.90000000</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>2046-04-15</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTHCENTRAL PA GEN AUTH REV</name>
        <lei>N/A</lei>
        <title>SOUTHCENTRL PA GEN AUTH REVENU GENERAL AUTHORITY OF SOUTHCENTRAL PENNSYLVANIA</title>
        <cusip>84129NLE7</cusip>
        <identifiers>
          <isin value="US84129NLE75"/>
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        <balance>2800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2847765.48000000</valUSD>
        <pctVal>0.346196662627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>SPRING VY CMNTY INFRASTRUCTURE DIST NO 1 IDAHO SPL ASSMT</name>
        <lei>N/A</lei>
        <title>SPRING VLY CMNTY INFRASTRUCTUR SPRING VALLEY COMMUNITY INFRASTRUCTURE DISTRICT NO</title>
        <cusip>850072AA7</cusip>
        <identifiers>
          <isin value="US850072AA74"/>
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        <curCd>USD</curCd>
        <valUSD>1347442.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ST CLOUD MINN CHARTER SCH LEASE REV</name>
        <lei>N/A</lei>
        <title>ST CLOUD MN CHRT SCH LEASE REV CITY OF ST CLOUD MN</title>
        <cusip>788326AB2</cusip>
        <identifiers>
          <isin value="US788326AB20"/>
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        <curCd>USD</curCd>
        <valUSD>99875.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
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        <cusip>853254AB6</cusip>
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          <isin value="US853254AB69"/>
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        <curCd>USD</curCd>
        <valUSD>4222668.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2175-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.01400000</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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        <name>STATE STREET CORPORATION</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
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        <cusip>857477CS0</cusip>
        <identifiers>
          <isin value="US857477CS03"/>
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        <valUSD>2506521.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2174-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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        <name>STATE STREET CORPORATION</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>STATE STREET CORP 6.700000% MATURITY: PERPETUAL</title>
        <cusip>857477CM3</cusip>
        <identifiers>
          <isin value="US857477CM33"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.70000000</annualizedRt>
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        <name>STUART IOWA</name>
        <lei>N/A</lei>
        <title>STUART IA CITY OF STUART IA</title>
        <cusip>863795KB5</cusip>
        <identifiers>
          <isin value="US863795KB54"/>
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        <curCd>USD</curCd>
        <valUSD>541984.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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        <name>SUFFOLK TOB ASSET SECURITIZATION CORP N Y TOB SETTLEMENT ASSET-BKD</name>
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        <title>SUFFOLK NY TOBACCO ASSET SECUR SUFFOLK TOBACCO ASSET SECURITIZATION CORP</title>
        <cusip>864809CD8</cusip>
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        <curCd>USD</curCd>
        <valUSD>1701343.25000000</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>2066-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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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        <name>SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV</name>
        <lei>N/A</lei>
        <title>SUFFOLK REGL OFF-TRACK BETTING SUFFOLK REGIONAL OFF-TRACK BETTING CORP</title>
        <cusip>86480TAC8</cusip>
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          <isin value="US86480TAC80"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511535.55000000</valUSD>
        <pctVal>0.062186265501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>United States of America</name>
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        <name>TROUT CREEK CMNTY DEV DIST FLA CAP IMPT REV</name>
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        <name>UBS Group AG</name>
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        <name>UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV</name>
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</edgarSubmission>