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        <name>HORMEL FOODS CORPORATION</name>
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        <name>AON PUBLIC LIMITED COMPANY</name>
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        <name>MAINE ST HSG AUTH MTG PUR</name>
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        <name>HAMILTON CNTY OHIO HOSP FACS REV</name>
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        <name>CONNECTICUT ST</name>
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        <name>C.H. ROBINSON WORLDWIDE, INC.</name>
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        <name>NXP Semiconductors N.V.</name>
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        <name>INDIANA FIN AUTH STUDENT HSG REV</name>
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        <name>ILLINOIS EDL FACS AUTH REVS</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH ST LEASE REV</name>
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        <name>CLINTON CNTY N Y CAP RES CORP LEASE REV</name>
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        <name>LyondellBasell Industries N.V.</name>
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        <title>LYONDELLBASELL INDUSTRIES NV</title>
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        <name>W.W. GRAINGER, INC.</name>
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      <invstOrSec>
        <name>MAINE HEALTH &amp; HIGHER EDL FACS AUTH REV</name>
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      <invstOrSec>
        <name>SOUTHEASTERN OHIO PORT AUTH HOSP FACS REV</name>
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        <name>GENUINE PARTS COMPANY</name>
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      <invstOrSec>
        <name>MISSOURI ST HEALTH &amp; EDL FACS AUTH HEALTH FACS REV</name>
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        <name>CLIFTON TEX HIGHER ED FIN CORP ED REV</name>
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        <name>SIERRA VISTA ARIZ INDL DEV AUTH ED FAC REV</name>
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        <name>BLOCK, INC.</name>
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        <name>ALBEMARLE CORPORATION</name>
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        <name>ALPHABET INC.</name>
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        <name>AVALONBAY COMMUNITIES, INC.</name>
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        <name>GLOBAL PAYMENTS INC.</name>
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        <name>ARIZONA INDL DEV AUTH ED REV</name>
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        <name>LIBERTY N Y DEV CORP REV</name>
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        <name>JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY</name>
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        <title>JOHNSON CONTROLS INTERNATIONAL PLC</title>
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        <name>Garmin Ltd.</name>
        <lei>2549001E0HIPIJQ0W046</lei>
        <title>GARMIN LTD</title>
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        <name>JOHNSON &amp; JOHNSON</name>
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        <title>JOHNSON JOHNSON</title>
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        <name>GARTNER, INC.</name>
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        <title>GARTNER INC</title>
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        <name>THE CIGNA GROUP</name>
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        <title>CIGNA GROUP THE</title>
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        <name>NEW HAMPSHIRE ST HSG FIN AUTH SINGLE FAMILY MTG REV</name>
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        <title>NEW HAMPSHIRE HOUSING FINANCE AUTHORITY</title>
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        <name>SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV</name>
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        <name>ST PAUL MINN HSG &amp; REDEV AUTH HEALTH CARE REV</name>
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        <name>MICHIGAN ST HSG DEV AUTH RENT HSG REV</name>
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        <name>MONTGOMERY CNTY PA INDL DEV AUTH REV</name>
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        <name>LOUISIANA PUB FACS AUTH LEASE REV</name>
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        <name>TULSA CNTY OKLA INDL AUTH SR LIVING CMNTY REV</name>
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        <name>CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV</name>
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        <name>MESQUITE TEX HEALTH FACS DEV CORP REV</name>
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        <name>NORTHERN ILL UNIV CTFS PARTN</name>
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        <name>NEW JERSEY ST EDL FACS AUTH REV</name>
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        <name>PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED</name>
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        <name>ST CLAIR CNTY ILL CMNTY UNIT SCH DIST NO 187 CAHOKIA</name>
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        <name>GULF COAST INDL DEV AUTH TEX REV</name>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GAITHERSBURG MD ECONOMIC DEV REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ASSURANT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MERCK &amp; CO., INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JABIL INC.</name>
        <lei>5493000CGCQY2OQU7669</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MODERNA, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ROSS CNTY OHIO HOSP REV</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SPRINGFIELD ILL METRO SAN DIST</name>
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        <title>SANGAMON COUNTY WATER RECLAMATION DISTRICT</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV</name>
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          <isin value="US292723CN18"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FLOYD CNTY GA DEV AUTH POLLUTNCTL REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HALLIBURTON COMPANY</name>
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        <assetCat>EC</assetCat>
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        <name>DOUGLAS CNTY NEB HOSP AUTH NO 3 REV</name>
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        <name>UNIVERSITY WIS HOSPS &amp; CLINICS AUTH REV</name>
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        <title>UNIVERSITY OF WISCONSIN HOSPITALS CLINICS</title>
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        <name>EQUITY RESIDENTIAL</name>
        <lei>5493008RACSH5EP3PI59</lei>
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        <name>MARYLAND ECONOMIC DEV CORP RECREATIONAL FACS REV</name>
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        <name>PUBLIC FIN AUTH WIS ED REV</name>
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        <name>WILLISTON N D PKS &amp; REC DIST SALES TAX REV</name>
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        <name>MSILF Government Portfolio</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OLD DOMINION FREIGHT LINE, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HEWLETT PACKARD ENTERPRISE COMPANY</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BERKS CNTY PA MUN AUTH REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>WEC ENERGY GROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MOTOROLA SOLUTIONS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NORTHERN TRUST CORPORATION</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NEW YORK LIBERTY DEV CORP LIBERTY REV</name>
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        <name>ALLEGHENY CNTY PA HOSP DEV AUTH REV</name>
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        <name>HOST HOTELS &amp; RESORTS, INC.</name>
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        <name>AT&amp;T INC.</name>
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        <name>NATIONAL FIN AUTH N H REV</name>
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        <title>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</title>
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        <name>TE CONNECTIVITY PUBLIC LIMITED COMPANY</name>
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        <title>TE CONNECTIVITY PLC</title>
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        <invCountry>IE</invCountry>

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        <name>EQUIFAX INC.</name>
        <lei>5493004MCF8JDC86VS77</lei>
        <title>EQUIFAX INC</title>
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        <name>M&amp;T BANK CORPORATION</name>
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        <title>M T BANK CORP</title>
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        <name>ST LAWRENCE CNTY N Y INDL DEV AGY CIVIC DEV CORP REV</name>
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        <name>DAVITA INC.</name>
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        <name>iShares Core S&amp;P 500 ETF</name>
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        <name>CBOE GLOBAL MARKETS, INC.</name>
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        <name>NORTHEAST OHIO MED UNIV GEN RCPTS</name>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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        <name>EP CIMARRON VENTANAS PFC RESIDENTIAL DEV REV TEX</name>
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        <lei>N/A</lei>
        <title>STERIS PLC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PPL CORPORATION</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WEST CONTRA COSTA CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US952347RY05"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMENTUM HOLDINGS, INC.</name>
        <lei>2549009FJIBLW40CU216</lei>
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          <isin value="US0239391016"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TENNERGY CORP TENN GAS REV</name>
        <lei>N/A</lei>
        <title>TENNERGY CORP TN</title>
        <cusip>880397CF9</cusip>
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          <isin value="US880397CF98"/>
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        <balance>2500000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARTHUR J. GALLAGHER &amp; CO.</name>
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        <title>ARTHUR J GALLAGHER CO</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS EDL FAC REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FINANCE AUTHORITY</title>
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          <isin value="US74443DEX57"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRIBOROUGH BRDG &amp; TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH BRIDGE TUNNEL AUTHORITY</title>
        <cusip>896032BC2</cusip>
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          <isin value="US896032BC24"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UBER TECHNOLOGIES, INC.</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER TECHNOLOGIES INC</title>
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          <isin value="US90353T1007"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DOMINO'S PIZZA, INC.</name>
        <lei>25490005ZWM1IF9UXU57</lei>
        <title>DOMINO S PIZZA INC</title>
        <cusip>25754A201</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>THE MOSAIC COMPANY</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>THE MOSAIC CO</title>
        <cusip>61945C103</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>APPLING CNTY GA DEV AUTH POLLUTN CTL REV</name>
        <lei>N/A</lei>
        <title>APPLING COUNTY DEVELOPMENT AUTHORITY</title>
        <cusip>038315EV5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BK SPEARS/LIFERS TR VAR STS</name>
        <lei>N/A</lei>
        <title>DEUTSCHE BANK SPEARS LIFERS TRUST</title>
        <cusip>25156SGS0</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>J. B. HUNT TRANSPORT SERVICES, INC.</name>
        <lei>549300XCD1MPI1C5GK90</lei>
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      <invstOrSec>
        <name>HARRIS CNTY TEX HOSP DIST REV</name>
        <lei>N/A</lei>
        <title>HARRIS COUNTY HOSPITAL DISTRICT</title>
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        <name>SALEM ORE HOSP FAC AUTH REV</name>
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        <title>SALEM HOSPITAL FACILITY AUTHORITY</title>
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        <name>COOK CNTY ILL SALES TAX REV</name>
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        <title>COUNTY OF COOK IL SALES TAX REVENUE</title>
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      <invstOrSec>
        <name>NUCOR CORPORATION</name>
        <lei>549300GGJCRSI2TIEJ46</lei>
        <title>NUCOR CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FIDELITY NATIONAL INFORMATION SERVICES, INC.</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>FIDELITY NATIONAL INFORMATION SERVICES INC</title>
        <cusip>31620M106</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>COTERRA ENERGY INC.</name>
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        <name>APPLOVIN CORPORATION</name>
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        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
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        <name>SERVICENOW, INC.</name>
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        <name>AUTODESK, INC.</name>
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        <name>CHICAGO ILL WASTEWATER TRANSMISSION REV</name>
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        <name>BERKS CNTY PA MUN AUTH REV</name>
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        <name>EDWARDS LIFESCIENCES CORPORATION</name>
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        <name>CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV</name>
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        <name>VENTAS, INC.</name>
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        <name>EXPEDITORS INTERNATIONAL OF WASHINGTON, INC</name>
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        <name>MARYLAND ST HEALTH &amp; HIGHER EDL FACS AUTH REV</name>
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        <title>MARYLAND HEALTH HIGHER EDUCATIONAL FACILITIES AU</title>
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        <name>SANDISK CORPORATION</name>
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        <name>ASHLAND KY MED CTR REV</name>
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        <name>MONOLITHIC POWER SYSTEMS, INC.</name>
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        <name>MAIN STR NAT GAS INC GA GAS SUPPLY REV</name>
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        <name>SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV</name>
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        <name>PHOENIX ARIZ INDL DEV AUTH ED REV</name>
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        <name>Philip Morris International Inc.</name>
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        <name>THE WILLIAMS COMPANIES, INC.</name>
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        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH REV</name>
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        <name>ECOLAB INC.</name>
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        <name>THE AES CORPORATION</name>
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        <name>BAXTER INTERNATIONAL INC.</name>
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        <name>DENVER COLO HEALTH &amp; HOSP AUTH CTFS PARTN</name>
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        <name>PINNACLE WEST CAPITAL CORPORATION</name>
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        <name>WYANDOTTE CNTY KANS CITY KANS UNI GOVT UTIL SYS REV</name>
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        <name>NEW YORK N Y CITY MUN WTR FIN AUTH WTR &amp; SWR SYS REV</name>
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        <name>MICROCHIP TECHNOLOGY INCORPORATED</name>
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        <name>APPLIED MATERIALS, INC.</name>
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        <name>DENVER COLO CONVENTION CTR HOTEL AUTH REV</name>
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        <name>AKAMAI TECHNOLOGIES, INC.</name>
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        <name>COOPER GREEN MERCY HEALTH SVCS AUTH ALA REV</name>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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        <name>LINCOLN NATIONAL CORPORATION</name>
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        <name>NORTH DAKOTA ST HSG FIN AGY</name>
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        <name>COLGATE-PALMOLIVE COMPANY</name>
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        <name>VISA INC.</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH MTR VEH SURCHARGES REV</name>
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        <name>NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV</name>
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        <name>PHILLIPS 66</name>
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        <name>PUBLIC FIN AUTH WIS STUDENT HSG REV</name>
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        <name>YUM! Brands, Inc.</name>
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        <name>WYANDOTTE CNTY KANS CITY KANS UNI GOVT UTIL SYS REV</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>THE BOEING COMPANY</name>
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        <name>KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV</name>
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        <name>CHIPOTLE MEXICAN GRILL, INC.</name>
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        <name>AMCOR PLC</name>
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        <name>EXELON CORPORATION</name>
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        <name>PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV</name>
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        <name>WASHINGTON ST HEALTH CARE FACS AUTH REV</name>
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        <name>SALESFORCE, INC.</name>
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        <name>SYSCO CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DELL TECHNOLOGIES INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MICHIGAN FIN AUTH LTD OBLIG REV</name>
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        <name>ILLINOIS FIN AUTH REV</name>
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        <name>EOG RESOURCES, INC.</name>
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        <name>KENVUE INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>INGERSOLL RAND INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>TEXAS INSTRUMENTS INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KEYCORP</name>
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        <name>3M COMPANY</name>
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        <name>DELAWARE ST HSG AUTH REV</name>
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        <title>DELAWARE STATE HOUSING AUTHORITY</title>
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        <name>CITIZENS FINANCIAL GROUP, INC.</name>
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        <name>REGENERON PHARMACEUTICALS, INC.</name>
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        <name>PG&amp;E CORPORATION</name>
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        <name>MARICOPA CNTY ARIZ INDL DEV AUTH ED REV</name>
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        <name>METLIFE, INC.</name>
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        <name>OTIS WORLDWIDE CORPORATION</name>
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        <name>CHURCH &amp; DWIGHT CO., INC.</name>
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        <name>STATE STREET CORPORATION</name>
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        <name>LAS VEGAS NEV REDEV AGY TAX INCREMENT REV</name>
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        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT</name>
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        <name>IDEXX LABORATORIES, INC.</name>
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        <name>BURKE CNTY GA DEV AUTH POLLUTN CTL REV</name>
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        <name>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV</name>
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        <name>CLIFTON TEX HIGHER ED FIN CORP HIGHER ED REV</name>
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        <name>MISSOURI ST DEV FIN BRD INFRASTRUCTURE FACS REV</name>
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        <name>REVVITY, INC.</name>
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        <name>MISSOURI ST HEALTH &amp; EDL FACS AUTH HEALTH FACS REV</name>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY METRO GOVT HOSP REV</name>
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        <name>BEXAR CNTY TEX HEALTH FACS DEV CORP REV</name>
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        <name>THE KROGER CO.</name>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL TR AUTH FLA EDL FACS LEASE REV</name>
        <lei>N/A</lei>
        <title>CAPITAL TRUST AUTHORITY</title>
        <cusip>14054UAG4</cusip>
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          <isin value="US14054UAG40"/>
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        <valUSD>922311.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-15</maturityDt>
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      <invstOrSec>
        <name>NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>NORTHAMPTON COUNTY GENERAL PURPOSE AUTHORITY</title>
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          <isin value="US66353RCE27"/>
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        <valUSD>1018349.84000000</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>2043-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FINANCE AUTHORITY</title>
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          <isin value="US45204FPV12"/>
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        <curCd>USD</curCd>
        <valUSD>1690596.16000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAPITAL TR AGY FLA EDL FACS REV</name>
        <lei>N/A</lei>
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          <isin value="US14054CDF32"/>
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        <balance>1300000.00000000</balance>
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        <valUSD>1228838.01000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-08-01</maturityDt>
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      <invstOrSec>
        <name>HIDALGO CNTY TEX REGL MOBILITY AUTH TOLL &amp; VEH REGISTRATION FEE REV</name>
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        <title>HIDALGO COUNTY REGIONAL MOBILITY AUTHORITY</title>
        <cusip>42934ABU3</cusip>
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          <isin value="US42934ABU34"/>
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        <balance>700000.00000000</balance>
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        <valUSD>651334.48000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
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      <invstOrSec>
        <name>CHICAGO ILL</name>
        <lei>N/A</lei>
        <title>CITY OF CHICAGO IL</title>
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          <isin value="US167486U724"/>
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        <balance>1335000.00000000</balance>
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        <valUSD>1401540.18000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FINANCE AUTHORITY</title>
        <cusip>74442PX67</cusip>
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          <isin value="US74442PX674"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>513108.79000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC CLASS C</title>
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          <isin value="US02079K1079"/>
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        <valUSD>9217393.71000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORACLE CORPORATION</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORACLE CORP</title>
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        <valUSD>1923351.20000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COLORADO EDL &amp; CULTURAL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>COLORADO EDUCATIONAL CULTURAL FACILITIES AUTHORI</title>
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          <isin value="US19645UNQ30"/>
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        <balance>730000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OHIO ST HIGHER EDL FAC COMMN HEALTHCARE REV</name>
        <lei>N/A</lei>
        <title>OHIO HIGHER EDUCATIONAL FACILITY COMMISSION</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MATAGORDA CNTY TEX NAV DIST NO 1 POLLUTN CTL REV</name>
        <lei>N/A</lei>
        <title>MATAGORDA COUNTY NAVIGATION DISTRICT NO 1</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BLACKROCK, INC.</name>
        <lei>529900VBK42Y5HHRMD23</lei>
        <title>BLACKROCK INC</title>
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        <issuerCat>CORP</issuerCat>
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        <name>PROLOGIS, INC.</name>
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        <title>PROLOGIS INC</title>
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        <fairValLevel>1</fairValLevel>
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        <name>EATON CORPORATION PUBLIC LIMITED COMPANY</name>
        <lei>549300VDIGTMXUNT7H71</lei>
        <title>EATON CORP PLC</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP III GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>TEXAS MUNICIPAL GAS ACQUISITION SUPPLY CORP III</title>
        <cusip>88256HBC1</cusip>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <name>BOSTON SCIENTIFIC CORPORATION</name>
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        <title>BOSTON SCIENTIFIC CORP</title>
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        <name>Truist Financial Corporation</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>TRUIST FINANCIAL CORP</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>REPUBLIC SERVICES, INC.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>REPUBLIC SERVICES INC</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>GRAND FORKS N D HEALTH CARE SYS REV</name>
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        <name>AMGEN INC.</name>
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        <name>NEW JERSEY HEALTH CARE FACS FING AUTH REV</name>
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        <name>THE SHERWIN-WILLIAMS COMPANY</name>
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        <name>SHREVEPORT LA WTR &amp; SWR REV</name>
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        <name>PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV</name>
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        <name>ROYAL CARIBBEAN CRUISES LTD.</name>
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        <name>MISSOURI ST HEALTH &amp; EDL FACS AUTH HEALTH FACS REV</name>
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        <title>HEALTH EDUCATIONAL FACILITIES AUTHORITY OF THE S</title>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV</name>
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        <name>HUNTINGTON BANCSHARES INCORPORATED</name>
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        <name>CONSTELLATION BRANDS, INC.</name>
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        <name>COSTAR GROUP, INC.</name>
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      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>EASTMAN CHEMICAL COMPANY</name>
        <lei>FDPVHDGJ1IQZFK9KH630</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>LAS VEGAS NEV CONVENTION &amp; VISITORS AUTH REV</name>
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        <name>NORFOLK SOUTHERN CORPORATION</name>
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        <name>MICHIGAN FIN AUTH LTD OBLIG REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Willis Towers Watson Public Limited Company</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MET GOVT NASHVILLE &amp; DAVIDSON CNTY TENN H &amp; E FACS BRD REV</name>
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        <name>NVIDIA CORPORATION</name>
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        <title>NVIDIA CORP</title>
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        <assetCat>EC</assetCat>
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        <name>Bunge Global SA</name>
        <lei>254900IVXSV9K0B7PO26</lei>
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        <name>COLORADO EDL &amp; CULTURAL FACS AUTH REV</name>
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        <name>GLYNN-BRUNSWICK MEM HOSP AUTH GA REV</name>
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        <name>T-MOBILE US, INC.</name>
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        <name>BERKS CNTY PA MUN AUTH REV</name>
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        <name>MASSACHUSETTS ST HSG FIN AGY HSG REV</name>
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        <name>TESLA, INC.</name>
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        <name>MARTIN CNTY TEX HOSP DIST</name>
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        <name>MSCI INC.</name>
        <lei>549300HTIN2PD78UB763</lei>
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        <name>FAIR ISAAC CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GEORGIA ST HSG &amp; FIN AUTH REV</name>
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        <name>CONNECTICUT ST HEALTH &amp; EDL FACS AUTH REV</name>
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        <name>KENTWOOD MICH ECONOMIC DEV CORP REV</name>
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        <name>PAYPAL HOLDINGS, INC.</name>
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        <name>GENERAC HOLDINGS INC.</name>
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        <name>CORNING INCORPORATED</name>
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        <name>PPG INDUSTRIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>THE HOME DEPOT, INC.</name>
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        <name>LINDE PUBLIC LIMITED COMPANY</name>
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        <title>NEW LINDE PLC</title>
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        <invCountry>IE</invCountry>

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        <name>CAPITAL ONE FINANCIAL CORPORATION</name>
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        <name>COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION</name>
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        <name>NEW JERSEY ST HSG &amp; MTG FIN AGY MULTI-FAMILY REV</name>
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        <name>CAPITAL TR AGY FLA EDL FACS REV</name>
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        <name>WARNER BROS. DISCOVERY, INC.</name>
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        <name>GE VERNOVA INC.</name>
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        <name>APOLLO GLOBAL MANAGEMENT, INC.</name>
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        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH REV</name>
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        <name>MARICOPA CNTY ARIZ INDL DEV AUTH HOSP REV</name>
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        <title>MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
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        <name>MARYLAND ST HEALTH &amp; HIGHER EDL FACS AUTH REV</name>
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        <name>INTEL CORPORATION</name>
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        <name>SOUTHWEST AIRLINES CO.</name>
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        <name>PFIZER INC.</name>
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        <name>THE HARTFORD INSURANCE GROUP, INC.</name>
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        <name>ROPER TECHNOLOGIES, INC.</name>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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        <name>CarMax, Inc.</name>
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        <name>ILLINOIS ST</name>
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        <name>AGILENT TECHNOLOGIES, INC.</name>
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        <name>WALMART INC.</name>
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        <name>MOODY'S CORPORATION</name>
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        <name>CRH PUBLIC LIMITED COMPANY</name>
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        <name>STANLEY BLACK &amp; DECKER, INC.</name>
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        <name>WATERS CORPORATION</name>
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        <name>GLOBE LIFE INC.</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>IDAHO HEALTH FACS AUTH REV</name>
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        <name>ORANGE CNTY FLA HEALTH FACS AUTH REV</name>
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        <name>ORANGE CNTY FLA HEALTH FACS AUTH REV</name>
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        <name>LEE CNTY FLA INDL DEV AUTH HEALTH CARE FACS REV</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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        <name>PIMA CNTY ARIZ INDL DEV AUTH ED REV</name>
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        <name>FREEPORT-MCMORAN INC.</name>
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        <name>PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUTH</name>
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        <name>UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV</name>
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        <name>CITIGROUP INC.</name>
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        <name>KIMCO REALTY CORPORATION.</name>
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        <name>SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV</name>
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        <name>HAMILTON CNTY OHIO HEALTH CARE REV</name>
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        <name>LIBERTY N Y DEV CORP REV</name>
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        <name>THE ESTEE LAUDER COMPANIES INC.</name>
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        <name>BRISTOL-MYERS SQUIBB COMPANY</name>
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        <name>VISTRA CORP.</name>
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        <name>STRYKER CORPORATION</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>MARICOPA CNTY ARIZ INDL DEV AUTH ED REV</name>
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        <name>Carnival Corporation</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX CAP IMPT REV</name>
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        <name>CHICAGO ILL BRD ED</name>
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        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>MASTERCARD INCORPORATED.</name>
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        <name>PASSAIC CNTY N J IMPT AUTH CHARTER SCH REV</name>
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        <name>XYLEM INC.</name>
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        <title>XYLEM INC</title>
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        <name>WALKER CNTY ALA BRD ED SPL TAX SCH WTS</name>
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        <name>CARDINAL HEALTH, INC.</name>
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        <name>LOWE'S COMPANIES, INC.</name>
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        <name>CBRE GROUP, INC.</name>
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        <name>VERISIGN, INC.</name>
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        <name>Northrop Grumman Corporation</name>
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        <name>MGM RESORTS INTERNATIONAL</name>
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        <name>COLORADO EDL &amp; CULTURAL FACS AUTH REV</name>
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        <name>CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV</name>
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        <name>MARSH &amp; MCLENNAN COMPANIES, INC.</name>
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        <name>MONTANA ST BRD HSG SINGLE FAMILY MTG</name>
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        <name>KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV</name>
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        <name>NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV</name>
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        <name>HILTON WORLDWIDE HOLDINGS INC.</name>
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        <name>LATROBE PA INDL DEV AUTH UNIV REV</name>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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        <name>DIGITAL REALTY TRUST, INC.</name>
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        <name>BEST BUY CO., INC.</name>
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        <name>QUANTA SERVICES, INC.</name>
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        <name>HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV</name>
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        <name>CHARTER COMMUNICATIONS, INC.</name>
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        <name>SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ELEVANCE HEALTH, INC.</name>
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        <name>Altria Group, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>KEYSIGHT TECHNOLOGIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INDIANA FIN AUTH HEALTH FAC REV</name>
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        <name>BIOGEN INC.</name>
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        <name>DOW INC.</name>
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        <assetCat>EC</assetCat>
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        <name>RAMPART RANGE MET DIST NO 1 COLO LTD TAX SUPPORTED &amp; SPL REV</name>
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        <name>CADENCE DESIGN SYSTEMS, INC.</name>
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        <name>VULCAN MATERIALS COMPANY</name>
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        <name>MIAMI-DADE CNTY FLA AVIATION REV</name>
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        <name>HOLOGIC, INC.</name>
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        <name>NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV</name>
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        <name>CLIFTON TEX HIGHER ED FIN CORP ED REV</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>NEBRASKA INVT FIN AUTH SINGLE FAMILY HSG REV</name>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV</name>
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        <title>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN</title>
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        <name>LA PAZ CNTY ARIZ INDL DEV AUTH ED FAC LEASE REV</name>
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        <title>LA PAZ CNTY AZ INDL DEV AUTH EDU FAC LEASE REVENUE</title>
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        <name>BERKSHIRE HATHAWAY INC.</name>
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        <title>BERKSHIRE HATHAWAY INC CLASS B</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>GILEAD SCIENCES, INC.</name>
        <lei>549300WTZWR07K8MNV44</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>SOUTH CAROLINA ST PUB SVC AUTH REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ARIZONA INDL DEV AUTH ED REV</name>
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        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV</name>
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        <name>DEUTSCHE BK SPEARS/LIFERS TR VAR STS</name>
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        <name>EMERSON ELECTRIC CO.</name>
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        <name>SEMPRA</name>
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        <name>POMPANO BEACH FLA REV</name>
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        <name>PRINCIPAL FINANCIAL GROUP, INC.</name>
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        <name>CARRIER GLOBAL CORPORATION</name>
        <lei>549300JE3W6CWY2NAN77</lei>
        <title>CARRIER GLOBAL CORP</title>
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        <fairValLevel>1</fairValLevel>
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        <name>OHIO ST HIGHER EDL FAC COMMN  REV</name>
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        <title>OHIO HIGHER EDUCATIONAL FACILITY COMMISSION</title>
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        <name>U.S. BANCORP</name>
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        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
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        <name>RHODE ISLAND ST TPK &amp; BRDG AUTH MOTOR FUEL TAX REV</name>
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        <title>RHODE ISLAND TURNPIKE BRIDGE AUTHORITY</title>
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        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <title>AMERICAN ELECTRIC POWER CO INC</title>
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        <name>MONSTER BEVERAGE CORPORATION</name>
        <lei>52990090AP0E7HCB6F33</lei>
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        <name>ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV</name>
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        <title>ENERGY SOUTHEAST A COOPERATIVE DISTRICT</title>
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        <name>HOUSTON TEX HOTEL OCCUPANCY TAX &amp; SPL REV</name>
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        <title>CITY OF HOUSTON TX</title>
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        <name>SOUTH JERSEY TRANSN AUTH N J TRANSN SYS REV</name>
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        <title>SOUTH JERSEY TRANSPORTATION AUTHORITY</title>
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        <name>Hasbro, Inc.</name>
        <lei>549300NUB6D2R1ITYR45</lei>
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        <name>PUBLIC FIN AUTH WIS STUDENT HSG REV</name>
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        <name>MAINE ST HSG AUTH MTG PUR</name>
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      <invstOrSec>
        <name>SAN ANTONIO TEX ED FACS CORP REV</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <name>HUBBELL INCORPORATED</name>
        <lei>54930088VDQ6840Y6597</lei>
        <title>HUBBELL INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>OMNICOM GROUP INC.</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMNICOM GROUP INC</title>
        <cusip>681919106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>PTC INC.</name>
        <lei>54930050SSMU8SKDJ030</lei>
        <title>PTC INC</title>
        <cusip>69370C100</cusip>
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        <balance>1383.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>DANAHER CORPORATION</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
        <title>DANAHER CORP</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MONTGOMERY CNTY PA INDL DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>613609L38</cusip>
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        <invCountry>US</invCountry>

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        <name>AMPHENOL CORPORATION</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>AMPHENOL CORP CLASS A</title>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA HOUSING FINANCE AGENCY</title>
        <cusip>70879QC43</cusip>
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        <name>CHEVRON CORPORATION</name>
        <lei>N/A</lei>
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        <name>NATIONAL FIN AUTH N H REV</name>
        <lei>N/A</lei>
        <title>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</title>
        <cusip>63607YBX7</cusip>
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        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>EDISON INTERNATIONAL</title>
        <cusip>281020107</cusip>
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        <name>ROCKWELL AUTOMATION, INC.</name>
        <lei>VH3R4HHBHH12O0EXZJ88</lei>
        <title>ROCKWELL AUTOMATION INC</title>
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        <name>SLB N.V.</name>
        <lei>213800ZUA17OK3QLGM62</lei>
        <title>SLB LTD</title>
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        <invCountry>CW</invCountry>

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        <name>MICROSOFT CORPORATION</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>MICROSOFT CORP</title>
        <cusip>594918104</cusip>
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        <invCountry>US</invCountry>

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        <name>FORTINET, INC.</name>
        <lei>549300O0QJWDBAS0QX03</lei>
        <title>FORTINET INC</title>
        <cusip>34959E109</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Evergy, Inc.</name>
        <lei>549300PGTHDQY6PSUI61</lei>
        <title>EVERGY INC</title>
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        <name>ILLINOIS HSG DEV AUTH REV</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <name>UNION PACIFIC CORPORATION</name>
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        <name>NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV</name>
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        <name>OKLAHOMA DEV FIN AUTH HEALTH SYS REV</name>
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        <name>AMERICAN TOWER CORPORATION</name>
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        <name>AIR PRODUCTS AND CHEMICALS, INC.</name>
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        <name>FORT BEND CNTY TEX TOLL RD REV</name>
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        <name>WYANDOTTE MICH ELEC REV</name>
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        <name>NIKE, INC.</name>
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        <name>MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV</name>
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        <name>CONNECTICUT ST</name>
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        <title>STATE OF CONNECTICUT</title>
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        <name>ALLIANT ENERGY CORPORATION</name>
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        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT</name>
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        <name>MISSOURI ST HEALTH &amp; EDL FACS AUTH HEALTH FACS REV</name>
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        <name>BUILD NYC RESOURCE CORP N Y REV</name>
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        <name>BUILDERS FIRSTSOURCE, INC.</name>
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        <name>ARIZONA INDL DEV AUTH NATL CHARTER SCH REVOLVING LN FD REV</name>
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        <name>UNITEDHEALTH GROUP INCORPORATED</name>
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        <name>ARLINGTON TEX TAX INCREMENT REV</name>
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        <name>DEUTSCHE BK SPEARS/LIFERS TR VAR STS</name>
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        <name>ILLINOIS ST</name>
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        <name>FRANKLIN RESOURCES, INC.</name>
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        <name>LIVONIA MICH PUB SCHS SCH DIST</name>
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        <name>WARD CNTY N D HEALTH CARE FAC REV</name>
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        <name>IRVING TEX HOTEL OCCUPANCY TAX REV</name>
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        <name>COLORADO EDL &amp; CULTURAL FACS AUTH REV</name>
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        <name>EQUINIX, INC.</name>
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        <name>WASHINGTON ST HEALTH CARE FACS AUTH REV</name>
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        <name>PALM BEACH CNTY FLA HEALTH FACS AUTH RETIREMENT CMNTY REV</name>
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      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
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        <name>DTE ENERGY COMPANY</name>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
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      <invstOrSec>
        <name>VOLUSIA CNTY FLA EDL FAC AUTH REV</name>
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        <name>GEORGIA ST HSG &amp; FIN AUTH REV</name>
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        <name>NATIONAL FIN AUTH N H REV</name>
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        <name>ILLINOIS FIN AUTH REV</name>
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        <name>THE WALT DISNEY COMPANY</name>
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        <name>WESTERN DIGITAL CORPORATION</name>
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        <name>ADOBE INC.</name>
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        <name>WASHINGTON ST HSG FIN COMMN</name>
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        <name>SARASOTA CNTY FLA HEALTH FACS AUTH RETIREMENT FAC REV</name>
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        <name>NISOURCE INC.</name>
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        <name>METROPOLITAN PIER &amp; EXPOSITION AUTH ILL REV</name>
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        <name>INTERNATIONAL PAPER COMPANY</name>
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        <name>ROBINHOOD MARKETS, INC.</name>
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        <name>INTERACTIVE BROKERS GROUP, INC.</name>
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        <curCd>USD</curCd>
        <valUSD>86068.71000000</valUSD>
        <pctVal>0.009623267162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly total returns reported under item B.5.a do not include any sales or redemption charges, as applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Victory Portfolios III</ncom:nameOfApplicant>
      <ncom:signature>Carol Trevino</ncom:signature>
      <ncom:signerName>Carol Trevino</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>