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      <invstOrSec>
        <name>CLIFTON TEX HIGHER ED FIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-15</maturityDt>
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      <invstOrSec>
        <name>NY MTATRN 4 11/15/2047</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY (NY)</name>
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        <name>JEFFERSON CNTY ALA</name>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>SOUTH DAKOTA ST HEALTH &amp; EDL FACS AUTH</name>
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        <name>CHICAGO ILL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TEXAS PUB FIN AUTH</name>
        <lei>N/A</lei>
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        <cusip>882669BL7</cusip>
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          <isin value="US882669BL72"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>TX MNVSCD 4 02/15/2053</name>
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        <curCd>USD</curCd>
        <valUSD>2727138.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>BLACK BELT ENERGY GAS DIST ALA</name>
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        <title>AL BBEUTL 5 10/01/2035</title>
        <cusip>09182TEW3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>WAYNE CNTY MICH ARPT AUTH</name>
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        <cusip>944514ZG6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>FLORIDA LOC GOVT FIN COMMN</name>
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        <name>DETROIT MICH DOWNTOWN DEV AUTH</name>
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        <title>MI DETDEV 5 07/01/2041</title>
        <cusip>251135HS1</cusip>
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          <isin value="US251135HS16"/>
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        <name>ARKANSAS ST DEV FIN AUTH</name>
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          <isin value="US04110FAB13"/>
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        <name>PEFA INC IOWA</name>
        <lei>549300RSE249DJNRHY07</lei>
        <title>IA PEFUTL 09/01/2049</title>
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        <name>MICHIGAN ST HSG DEV AUTH</name>
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        <title>MI MISHSG 5.05 06/01/2051</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.05000000</annualizedRt>
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        <name>CONNECTICUT (CT), STATE OF</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>CT CTSGEN 4 09/01/2035</title>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <lei>549300E0RD3ICJ858L23</lei>
        <title>OH UCOHGR 5 06/01/2049 (TOBs)</title>
        <cusip>9141194W9</cusip>
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          <isin value="US9141194W90"/>
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        <curCd>USD</curCd>
        <valUSD>2925783.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK N Y</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966QJX97"/>
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        <curCd>USD</curCd>
        <valUSD>1588303.22000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH</name>
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        <cusip>70917SMW0</cusip>
        <identifiers>
          <isin value="US70917SMW07"/>
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        <valUSD>1000847.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>COLLIER CNTY FLA INDL DEV AUTH</name>
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        <cusip>194641BC9</cusip>
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          <isin value="US194641BC92"/>
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        <curCd>USD</curCd>
        <valUSD>1519240.72000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>POWER CNTY IDAHO INDL DEV CORP</name>
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          <isin value="US739247AA20"/>
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        <valUSD>7653736.34000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>NJ NJSDEV 5.25 09/15/2029</title>
        <cusip>64578CAH4</cusip>
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          <isin value="US64578CAH43"/>
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        <balance>5965000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5 07/01/2035</title>
        <cusip>57584XM65</cusip>
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          <isin value="US57584XM655"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1011429.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>RHODE ISLAND ST HEALTH &amp; EDL BLDG CORP</name>
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        <title>RI RISMED 5.25 05/15/2054</title>
        <cusip>762244MJ7</cusip>
        <identifiers>
          <isin value="US762244MJ71"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2562600.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY (NY)</name>
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        <title>NY TRBTRN 5.25 05/15/2059</title>
        <cusip>896035DF6</cusip>
        <identifiers>
          <isin value="US896035DF67"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5268352.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HSG FIN AUTH</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>CT CTSHSG 3 05/15/2051</title>
        <cusip>20775HLT8</cusip>
        <identifiers>
          <isin value="US20775HLT85"/>
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        <balance>1640000.00000000</balance>
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        <valUSD>1628962.64000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE FACS FING AUTH</name>
        <lei>N/A</lei>
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        <cusip>645790QD1</cusip>
        <identifiers>
          <isin value="US645790QD11"/>
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        <balance>7220000.00000000</balance>
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        <valUSD>6926849.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>FLORIDA ST MUN PWR AGY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>LEHIGH CNTY PA GEN PURP AUTH</name>
        <lei>N/A</lei>
        <title>PA LEHEDU 4 06/01/2052</title>
        <cusip>52480EAL3</cusip>
        <identifiers>
          <isin value="US52480EAL39"/>
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        <valUSD>826730.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>RENO NEV</name>
        <lei>549300M4R5WWSUWY8D52</lei>
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        <cusip>759861EH6</cusip>
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        <balance>1250000.00000000</balance>
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        <valUSD>1188831.75000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>DANVILLE VA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>VA DANMED 5.25 10/01/2028</title>
        <cusip>236886BL0</cusip>
        <identifiers>
          <isin value="US236886BL03"/>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>SOUTH CAROLINA PUB SVC AUTH</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC SCSUTL 4 12/01/2055</title>
        <cusip>837151A25</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>AUBURN UNIV ALA</name>
        <lei>N/A</lei>
        <title>AL AUBHGR 4 06/01/2036</title>
        <cusip>050589NS5</cusip>
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          <isin value="US050589NS56"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBPOL 10/01/2046</title>
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        <cusip>57584X3D1</cusip>
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          <maturityDt>2056-06-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>SAN DIEGO CNTY CALIF REGL ARPT AUTH</name>
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        <cusip>79739GTE6</cusip>
        <identifiers>
          <isin value="US79739GTE60"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>LOWELL MASS</name>
        <lei>N/A</lei>
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        <cusip>547649AB9</cusip>
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          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5 07/01/2036</title>
        <cusip>57584XM73</cusip>
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          <isin value="US57584XM739"/>
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        <balance>755000.00000000</balance>
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          <maturityDt>2036-07-01</maturityDt>
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        <title>CT CTSHGR 4 07/01/2055</title>
        <cusip>20775DHW5</cusip>
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        <balance>1745000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>VIRGINIA COLLEGE BLDG AUTH VA</name>
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        <cusip>92778VJQ2</cusip>
        <identifiers>
          <isin value="US92778VJQ23"/>
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        <valUSD>4159367.36000000</valUSD>
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          <annualizedRt>4.00000000</annualizedRt>
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        <cusip>544532EQ3</cusip>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH</name>
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        <name>IOWA FIN AUTH</name>
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        <title>IA IASSFH 3 01/01/2047</title>
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        <name>COOK (IL), COUNTY OF</name>
        <lei>5493004UMR7OX4YITE10</lei>
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        <name>DETROIT MICH DOWNTOWN DEV AUTH</name>
        <lei>549300WO3NSMP6FECO66</lei>
        <title>MI DETDEV 5 07/01/2048</title>
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        <name>UNIVERSITY MASS BLDG AUTH</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
        <title>MA UMAFAC 4 11/01/2046</title>
        <cusip>914440UF7</cusip>
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        <name>UNIVERSITY WIS HOSPS &amp; CLINICS AUTH</name>
        <lei>549300O76DW14JGO7224</lei>
        <title>WI UNVMED 4.25 04/01/2052</title>
        <cusip>915260FT5</cusip>
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        <name>PALM BEACH CNTY FLA HEALTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>FL PALMED 4 08/15/2049</title>
        <cusip>69651ABM5</cusip>
        <identifiers>
          <isin value="US69651ABM53"/>
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        <valUSD>11053588.03000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY MASS BLDG AUTH</name>
        <lei>6ILE2573NPR1XO2TR556</lei>
        <title>MA UMAFAC 5 11/01/2050</title>
        <cusip>914440SB9</cusip>
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          <isin value="US914440SB98"/>
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        <valUSD>1255300.58000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ENERGY SOUTHEAST ALA COOP DIST</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
        <title>AL ESDPWR 07/01/2054</title>
        <cusip>292723BN2</cusip>
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          <isin value="US292723BN27"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1933526.18000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WI WISMED 5.5 08/15/2048</title>
        <cusip>97712JPH0</cusip>
        <identifiers>
          <isin value="US97712JPH04"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1617276.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>IOWA FIN AUTH</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IA IASGEN 5 12/01/2050</title>
        <cusip>46246SAU9</cusip>
        <identifiers>
          <isin value="US46246SAU96"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050814.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO ILL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>IL CHI 5 01/01/2044</title>
        <cusip>167486E21</cusip>
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          <isin value="US167486E215"/>
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        <balance>260000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5.5 07/01/2055</title>
        <cusip>57585BPC6</cusip>
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          <isin value="US57585BPC62"/>
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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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RENO NEV</name>
        <lei>549300M4R5WWSUWY8D52</lei>
        <title>NV RENGEN 0 07/01/2058</title>
        <cusip>759861EJ2</cusip>
        <identifiers>
          <isin value="US759861EJ20"/>
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        <balance>13500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2153706.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA HSG AUTH</name>
        <lei>N/A</lei>
        <title>PA PHIHSG 5.25 03/01/2043</title>
        <cusip>71783TAS9</cusip>
        <identifiers>
          <isin value="US71783TAS96"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3243404.70000000</valUSD>
        <pctVal>0.175834052695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOBILE CNTY ALA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>AL MOBPOL 4.75 12/01/2054</title>
        <cusip>60733UAB7</cusip>
        <identifiers>
          <isin value="US60733UAB70"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>479168.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>IN INPGEN 4.12 02/01/2052</title>
        <cusip>45528U6T3</cusip>
        <identifiers>
          <isin value="US45528U6T31"/>
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        <balance>1390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1315010.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL DEV</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>PA PHIDEV 5 05/01/2044</title>
        <cusip>71783DDH5</cusip>
        <identifiers>
          <isin value="US71783DDH52"/>
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        <balance>5925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6400014.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>TX TAREDU 11/15/2052</title>
        <cusip>87638QSG5</cusip>
        <identifiers>
          <isin value="US87638QSG54"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2192361.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FLORIDA LOC GOVT FIN COMMN</name>
        <lei>N/A</lei>
        <title>FL FLSEDU 6.25 06/15/2055</title>
        <cusip>34077EAD8</cusip>
        <identifiers>
          <isin value="US34077EAD85"/>
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        <balance>4220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4359354.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA AVIATION AUTH</name>
        <lei>N/A</lei>
        <title>FL HILTRN 5 10/01/2034</title>
        <cusip>432308N67</cusip>
        <identifiers>
          <isin value="US432308N674"/>
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        <balance>2110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2333616.11000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PA PHIUTL 5.5 09/01/2053</name>
        <lei>549300IVFOPB4AG7UL47</lei>
        <title>PA PHIUTL 5.5 09/01/2053 (TOBs)</title>
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          <isin value="US7178932Y65"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2588179.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5 07/01/2037</title>
        <cusip>57584XMU2</cusip>
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          <isin value="US57584XMU27"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1509045.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WARREN CNTY OHIO</name>
        <lei>N/A</lei>
        <title>OH WARMED 5 07/01/2054</title>
        <cusip>93515PEM5</cusip>
        <identifiers>
          <isin value="US93515PEM59"/>
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        <balance>2665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2669343.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>IL ILS 5 11/01/2028</title>
        <cusip>452152Q20</cusip>
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        <name>GREATER ORLANDO AVIATION AUTH ORLANDO FLA</name>
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        <cusip>3922742H8</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTA GA DEV AUTH</name>
        <lei>N/A</lei>
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        <cusip>04780NJK4</cusip>
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          <isin value="US04780NJK46"/>
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        <valUSD>3254605.25000000</valUSD>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>DOWNTOWN REVITALIZATION PUB INFRASTRUCTURE DIST UTAH</name>
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          <isin value="US26118TBV17"/>
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        <valUSD>2166872.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
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        <curCd>USD</curCd>
        <valUSD>5294166.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW YORK ST URBAN DEV CORP</name>
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        <valUSD>2066332.97000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>CONNECTICUT ST HSG FIN AUTH</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>CT CTSHSG 4 11/15/2047</title>
        <cusip>20775CTX2</cusip>
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        <valUSD>165611.66000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>UNIVERSITY KY</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5324521.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>LOVE FIELD ARPT MODERNIZATION CORP</name>
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        <cusip>54714FAG5</cusip>
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        <balance>1850000.00000000</balance>
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        <valUSD>1853275.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CONNECTICUT ST HEALTH &amp; EDL FACS AUTH</name>
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        <title>CT CTSHGR 4 07/01/2046</title>
        <cusip>20775DQG0</cusip>
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        <balance>945000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>WEST VIRGINIA ST HOSP FIN AUTH</name>
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        <name>LONG BEACH CALIF FING AUTH</name>
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        <balance>3600000.00000000</balance>
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        <name>UTAH INFRASTRUCTURE AGY</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA MUN FIN AUTH</name>
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        <name>CLARK CNTY NEV</name>
        <lei>N/A</lei>
        <title>NV CLA 5 06/01/2043</title>
        <cusip>180848XH1</cusip>
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          <isin value="US180848XH18"/>
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        <balance>2500000.00000000</balance>
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        <name>MARICOPA CNTY ARIZ INDL DEV AUTH</name>
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        <cusip>56682HCL1</cusip>
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        <issuerCat>MUN</issuerCat>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <balance>1275000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TRIBOROUGH BRDG &amp; TUNL AUTH N Y</name>
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        <name>GLENDALE ARIZ INDL DEV AUTH</name>
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        <name>UNIVERSITY WIS HOSPS &amp; CLINICS AUTH</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
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        <name>COLORADO HEALTH FACS AUTH</name>
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        <name>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY (DC)</name>
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        <name>CONNECTICUT ST HEALTH &amp; EDL FACS AUTH</name>
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        <name>RICHMOND IND HOSP AUTH</name>
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        <name>JACKSONVILLE FLA</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>CLARK CNTY NEV SCH DIST</name>
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        <name>DISTRICT COLUMBIA</name>
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        <name>SOUTH CAROLINA PUB SVC AUTH</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>DENVER COLO CONVENTION CTR HOTEL AUTH</name>
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        <name>GLENDALE ARIZ INDL DEV AUTH</name>
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        <name>GREAT LAKES WTR AUTH MICH</name>
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          <maturityDt>2055-02-15</maturityDt>
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        <name>LOUISIANA PUB FACS AUTH</name>
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        <cusip>546399SZ0</cusip>
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          <annualizedRt>5.50000000</annualizedRt>
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        <cusip>92812XRF1</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <name>DELTA AIR LINES INC</name>
        <lei>Q2CCMS6R0AS67HJMBN42</lei>
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        <cusip>650116CQ7</cusip>
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        <balance>7035000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MICHIGAN FIN AUTH</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>MI MISFIN 5 04/15/2038</title>
        <cusip>59447T3T8</cusip>
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        <balance>7135000.00000000</balance>
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        <valUSD>7860130.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY (THE) (NY)</name>
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        <cusip>64971XTY4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>PHILADELPHIA PA AUTH</name>
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        <title>PA PHIDEV 4 11/01/2045</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MARYLAND ST HEALTH &amp; HIGHER EDL FACS AUTH</name>
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        <title>MD MDSMED 07/01/2045</title>
        <cusip>57421CAU8</cusip>
        <identifiers>
          <isin value="US57421CAU80"/>
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        <name>NORTH CAROLINA HSG FIN AGY</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>NC NCSHSG 3.5 01/01/2034</title>
        <cusip>65821FKP0</cusip>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5.25 01/01/2050</title>
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        <name>LOUISIANA PUB FACS AUTH</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>LA LASFAC 5.5 09/01/2059</title>
        <cusip>546399SY3</cusip>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH</name>
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        <title>CA CASGEN 5 12/01/2033</title>
        <cusip>13080SVJ0</cusip>
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        <invCountry>US</invCountry>
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        <name>CALIFORNIA HEALTH FACS FING AUTH</name>
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        <name>SPARTA WIS AREA SCH DIST</name>
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        <name>CLARK CNTY NEV SCH DIST</name>
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        <name>HILLSBOROUGH CNTY FLA INDL DEV AUTH</name>
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        <name>RENO NEV</name>
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        <name>CSU STRATA COLO</name>
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        <name>CHICAGO (IL), CITY OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PONTIAC MICH CITY SCH DIST</name>
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        <name>MET GOVT NASHVILLE &amp; DAVIDSON CNTY TENN H &amp; E FACS BRD</name>
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        <name>COMMONWEALTH FING AUTH PA.</name>
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        <name>TENNESSEE HSG DEV AGY</name>
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        <name>ARIZONA INDL DEV AUTH</name>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <name>NORTH CAROLINA MED CARE COMMN RETIREMENT FACS</name>
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        <name>CHICAGO ILL BRD ED</name>
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        <name>NEW YORK ST DORM AUTH</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REGIONAL TRANSN DIST COLO</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CUMBERLAND CNTY PA MUN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN JOSE EVERGREEN CALIF CMNTY COLLEGE DIST</name>
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        <cusip>798189TG1</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH</name>
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        <cusip>70868YAX7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-12-31</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CONNECTICUT ST HEALTH &amp; EDL FACS AUTH</name>
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        <cusip>20774YQ67</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>ILLINOIS FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
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        <name>TEXAS TRANSPORTATION COMMISSION (TX)</name>
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        <cusip>88283KCH9</cusip>
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        <balance>5000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>9845007J7054602FF597</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>PORT SEATTLE WASH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-06-30</maturityDt>
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        <name>CONNECTICUT ST HEALTH &amp; EDL FACS AUTH</name>
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        <cusip>20775DMR0</cusip>
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        <name>JACKSON CNTY MO</name>
        <lei>N/A</lei>
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        <name>NEW YORK ST DORM AUTH</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <title>WI PUBEDU 5.5 06/15/2055</title>
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        <name>WASHINGTON ST CONVENTION CTR PUB FACS DIST</name>
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        <name>MONTGOMERY CNTY PA INDL DEV AUTH</name>
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        <name>GEISINGER AUTH PA</name>
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        <balance>1000000.00000000</balance>
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        <name>TENNERGY CORP TENN</name>
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        <name>NORTH EAST TEX REGL MOBILITY AUTH</name>
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        <name>JEA (FL)</name>
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        <name>EAST HEMPFIELD TWP PA INDL DEV AUTH</name>
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        <name>HOUSTON TEX</name>
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          <couponKind>Fixed</couponKind>
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        <name>CUYAHOGA CNTY OHIO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL FIN AUTH N H</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUTH</name>
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        <cusip>64613CCH9</cusip>
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        <name>RHODE ISLAND INFRASTUCTURE BANK</name>
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        <name>MASSACHUSETTS EDL FING AUTH</name>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP</name>
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        <name>VAIL HOME PARTNERS CORP COLO</name>
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        <name>GREATER NEW HAVEN WTR POLLUTION CTL AUTH CONN REGL</name>
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        <title>CT GTRPOL 5 08/15/2035</title>
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        <name>MASSACHUSETTS ST PORT AUTH</name>
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        <name>ARIZONA BRD REGENTS ARIZ ST UNIV</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
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        <name>ALBANY N Y CAP RESOURCE CORP</name>
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        <name>SALES TAX SECURITIZATION CORP ILL</name>
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        <name>MARYLAND ST ECONOMIC DEV CORP</name>
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        <name>BALL ST UNIV IND</name>
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        <name>PALM BEACH CNTY FLA HEALTH FACS AUTH</name>
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        <name>BERKS CNTY PA INDL DEV AUTH</name>
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        <name>UNIVERSITY TEX</name>
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        <name>DENVER COLO CONVENTION CTR HOTEL AUTH</name>
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        <name>METROPOLITAN WASH D C ARPTS AUTH</name>
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        <name>ATLANTIC BEACH FLA</name>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA HIGHER ED &amp; HEALTH AUTH</name>
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        <name>CHICAGO ILL BRD ED</name>
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        <name>SOUTH CAROLINA PUB SVC AUTH</name>
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        <cusip>8371515V7</cusip>
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        <name>NORTH DAKOTA ST HSG FIN AGY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LAMAR TEX CONS INDPT SCH DIST</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP</name>
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        <name>SALT VERDE FINL CORP SR GAS</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST</name>
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        <name>LOUISIANA PUB FACS AUTH</name>
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        <name>NY LSLPWR 5.25 09/01/2050</name>
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        <name>ERNEST N MORIAL-NEW ORLEANS LA EXHIB HALL AUTH</name>
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        <name>SOUTH CAROLINA ST PORTS AUTH</name>
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        <title>SC SCSTRN 5 07/01/2038</title>
        <cusip>837123HK7</cusip>
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        <name>CHICAGO ILL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <name>PIEDMONT MUN PWR AGY S C</name>
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        <name>TOBACCO SETTLEMENT FING CORP N J</name>
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        <name>UTAH TELECOMMUNICATION OPEN INFRASTRUCTURE</name>
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        <name>MANSFIELD TEX INDPT SCH DIST</name>
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        <name>WEST HARRIS CNTY TEX REGL WTR AUTH</name>
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        <name>CHICAGO ILL</name>
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        <name>SELMA ALA INDL DEV BRD</name>
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        <name>METROPOLITAN GOVT NASHVILLE &amp; DAVIDSON CNTY TENN HEALTH &amp; EDL FACS BRD</name>
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        <name>COOK CNTY ILL</name>
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        <name>MARATHON OIL CORP</name>
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        <name>KNOX CNTY TENN HEALTH EDL &amp; HSG FACS BRD</name>
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        <name>ALLEGHENY CNTY PA HIGHER ED BLDG AUTH</name>
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        <name>FL MIAUTL 4 10/01/2049</name>
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        <name>UNIVERSITY CONN</name>
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        <name>MICHIGAN FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PA PASMED 4 05/15/2048</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SALT LAKE CITY (UT), CITY OF</name>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <name>KENTUCKY INC KY PUB ENERGY AUTH</name>
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        <name>CALIFORNIA HSG FIN AGY</name>
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        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH</name>
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        <title>WI WISMED 5.5 12/01/2052</title>
        <cusip>97712JGT4</cusip>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TRIBOROUGH BRDG &amp; TUNL AUTH N Y</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>NY TRBTRN 5 11/15/2042</title>
        <cusip>89602RCL7</cusip>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-04-23</ncom:dateSigned>
      <ncom:nameOfApplicant>BNY MELLON MUNICIPAL FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>James Windels</ncom:signature>
      <ncom:signerName>James Windels</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>