<SEC-DOCUMENT>0001193125-19-094407.txt : 20190401
<SEC-HEADER>0001193125-19-094407.hdr.sgml : 20190401
<ACCEPTANCE-DATETIME>20190401154406
ACCESSION NUMBER:		0001193125-19-094407
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190131
FILED AS OF DATE:		20190401
DATE AS OF CHANGE:		20190401
EFFECTIVENESS DATE:		20190401

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUVEEN MUNICIPAL VALUE FUND INC
		CENTRAL INDEX KEY:			0000812801
		IRS NUMBER:				363513525
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05120
		FILM NUMBER:		19720452

	BUSINESS ADDRESS:	
		STREET 1:		333 W WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3129178200

	MAIL ADDRESS:	
		STREET 1:		333 W. WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUVEEN MUNICIPAL QUALITY FUND INC
		DATE OF NAME CHANGE:	19870504
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>d654629dnq.htm
<DESCRIPTION>NUVEEN MUNICIPAL VALUE FUND, INC.
<TEXT>
<HTML><HEAD>
<TITLE>Nuveen Municipal Value Fund, Inc.</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:3.00pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:14pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES SECURITIES AND
EXCHANGE COMMISSION </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, DC 20549 </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT STYLE="white-space:nowrap">N-Q</FONT> </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Investment Company Act file number <FONT STYLE="white-space:nowrap">811-05120</FONT> </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B><U>Nuveen Municipal Value Fund, Inc.</U> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Exact name of registrant as specified in charter) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Nuveen Investments </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>&nbsp;&nbsp;&nbsp;&nbsp;333 West Wacker Drive, Chicago, Illinois 60606&nbsp;&nbsp;&nbsp;&nbsp;</U> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Address of principal executive offices) (Zip code) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Gifford R. Zimmerman </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Vice President and Secretary </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>&nbsp;&nbsp;&nbsp;&nbsp;333 West Wacker Drive, Chicago, Illinois 60606&nbsp;&nbsp;&nbsp;&nbsp;</U> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Name and address of agent for service) </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Registrant&#146;s telephone number, including area code:
<U><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">&nbsp;&nbsp;&nbsp;&nbsp;312-917-7700&nbsp;&nbsp;&nbsp;&nbsp;</FONT></FONT></U> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date
of fiscal year end: <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;October 31&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date of reporting period: January 31, 2019
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Form <FONT STYLE="white-space:nowrap">N-Q</FONT> is to be used by management investment companies, other than small business investment companies
registered on Form <FONT STYLE="white-space:nowrap">N-5</FONT> (&#167;&#167; 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule <FONT
STYLE="white-space:nowrap">30b1-5</FONT> under the Investment Company Act of 1940 (17 CFR <FONT STYLE="white-space:nowrap">270.30b1-5).</FONT> The Commission may use the information provided on Form <FONT STYLE="white-space:nowrap">N-Q</FONT> in its
regulatory, disclosure review, inspection, and policymaking roles. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">A registrant is required to disclose the information specified by Form <FONT
STYLE="white-space:nowrap">N-Q,</FONT> and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form <FONT STYLE="white-space:nowrap">N-Q</FONT> unless the Form
displays a currently valid Office of Management and Budget (&#147;OMB&#148;) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary,
Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. &#167; 3507. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;1. Schedule of Investments </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block">
<DIV style="color:#424242;font-family:Arial;font-size:33pt;font-style:Normal;font-weight:bold;line-height:36pt;text-align:left;text-decoration:none;text-transform:none;">NUV</DIV>
<DIV style="color:#424242;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:bold;line-height:27pt;padding-left:13.89%;text-align:left;text-decoration:none;text-transform:none;">Nuveen Municipal Value Fund, Inc.</DIV>
<DIV style="color:#424242;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:bold;line-height:27pt;padding-left:13.89%;text-align:left;text-decoration:none;text-transform:none;">Portfolio of Investments<FONT
 style="font-size:18pt;line-height:21pt;">&nbsp;&nbsp;&nbsp;&nbsp;January 31, 2019</FONT></DIV>
<DIV style="color:#424242;font-family:Arial;font-size:18pt;font-style:Normal;font-weight:Normal;line-height:21pt;padding-left:13.89%;text-align:left;text-decoration:none;text-transform:none;">(Unaudited)</DIV> </DIV>
<DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">LONG-TERM
 INVESTMENTS&#8201;&#8211;&#8201;101.9% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">MUNICIPAL
 BONDS&#8201;&#8211;&#8201;101.9% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Alaska&#8201;&#8211;&#8201;0.1%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">2,710</FONT> </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Northern
 Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds, Series 2006A, 5.000%, 6/01/32 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">B3
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;width:11.57%;">$
<FONT style="padding-left:16.99pt;">2,627,779</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Arizona&#8201;&#8211;&#8201;0.9%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,935
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Phoenix
 Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Senior Lien Series 2017A, 5.000%, 7/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,406,156
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,600
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Salt
 Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc. Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,522,264
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,240
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Scottsdale
 Industrial Development Authority, Arizona, Hospital Revenue Bonds, Scottsdale Healthcare, Series 2006C Re-offering, 5.000%, 9/01/35&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,422,066
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Tucson,
 Arizona, Water System Revenue Bonds, Refunding Series 2017: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,181,020
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,410
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,657,088
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/34 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,170,310
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">750
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">5.000%,
 7/01/35 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">874,672
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">16,935
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Arizona </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">19,233,576
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">California&#8201;&#8211;&#8201;9.9%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,615
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Anaheim
 Public Financing Authority, California, Lease Revenue Bonds, Public Improvement Project, Series 1997C, 0.000%, 9/01/23&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,182,990
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Bay
 Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Series 2013S-4, 5.000%, 4/01/38 (Pre-refunded 4/01/23) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">A1
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,707,150
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,245
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Gold Country Settlement Funding Corporation, Refunding Series 2006, 0.000%, 6/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">CCC
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,879,771
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2006A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,275
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.450%,
 6/01/28 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,324,158
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.600%,
 6/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,202,142
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,175
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Department of Water Resources, Central Valley Project Water System Revenue Bonds, Refunding Series 2016AW, 5.000%, 12/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,387,135
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Refunding Series 2016B, 5.000%, 11/15/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,121,400
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Health Facilities Financing Authority, Revenue Bonds, Children's Hospital Los Angeles, Series 2017A, 5.000%, 8/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,340,184
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">13,000
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">California
 Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanente System, Series 2017A-2, 5.000%, 11/01/47 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;
">16,795,610
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:46pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:Normal;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">1</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">California
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">3,850</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Health Facilities Financing Authority, Revenue Bonds, Saint Joseph Health System, Series 2013A, 5.000%, 7/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">4,288,476</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,335
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Series 2010A, 5.750%, 7/01/40 (Pre-refunded 7/01/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">Baa2
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,469,379
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,130
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Municipal Finance Authority, Revenue Bonds, Linxs APM Project, Senior Lien Series 2018A, 5.000%, 12/31/43 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,696,841
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,725
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Pollution Control Financing Authority, Water Furnishing Revenue Bonds, San Diego County Water Authority Desalination Project Pipeline, Refunding Series 2019, 5.000%, 11/21/45, 144A (WI/DD, Settling 2/20/19) (WI/DD, Settling 2/20/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/29
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,013,032
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,625
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series 2013I, 5.000%, 11/01/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,790,230
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 State, General Obligation Bonds, Various Purpose Series 2011, 5.000%, 10/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,371,500
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A, 5.000%, 12/01/46, 144A </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,652,355
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,125
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">California
 Statewide Community Development Authority, Revenue Bonds, Methodist Hospital Project, Series 2009, 6.750%, 2/01/38 (Pre-refunded 8/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,204,437
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,505
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Covina-Valley
 Unified School District, Los Angeles County, California, General Obligation Bonds, Series 2003B, 0.000%, 6/01/28&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,466,462
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,700
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">East
 Bay Municipal Utility District, Alameda and Contra Costa Counties, California, Water System Revenue Bonds, Green Series 2017A, 5.000%, 6/01/45 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,534,081
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,180
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Foothill/Eastern
 Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Series 2013A, 6.850%, 1/15/42 (5) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/31
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,012,620
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">30,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Foothill/Eastern
 Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series 1995A, 0.000%, 1/01/22 (ETM) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">28,591,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">14,100
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Golden
 State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Series 2018A-1, 5.250%, 6/01/47 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">13,913,880
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Merced
 Union High School District, Merced County, California, General Obligation Bonds, Series 1999A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 8/01/23&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,275,075
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,555
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 8/01/24&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,262,044
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,365
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Montebello
 Unified School District, Los Angeles County, California, General Obligation Bonds, Election 1998 Series 2004, 0.000%, 8/01/27&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,818,259
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Mount
 San Antonio Community College District, Los Angeles County, California, General Obligation Bonds, Election of 2008, Series 2013A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,060
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 8/01/28 (5) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,082,522
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,315
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.250%,
 8/01/43 (5) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/35
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,968,329
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,550
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">M-S-R
 Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009C, 6.500%, 11/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,891,580
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,350
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Palomar
 Pomerado Health Care District, California, Certificates of Participation, Series 2009, 6.750%, 11/01/39 (Pre-refunded 11/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,438,430
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">10,150
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Placer
 Union High School District, Placer County, California, General Obligation Bonds, Series 2004C, 0.000%, 8/01/33&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,325,378
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:60pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">2</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">California
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Bruno Park School District, San Mateo County, California, General Obligation Bonds, Series 2000B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">2,575</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 8/01/24&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">2,268,627</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,660
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 8/01/25&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,276,907
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">490
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Diego Tobacco Settlement Revenue Funding Corporation, California, Tobacco Settlement Bonds, Subordinate Series 2018C, 4.000%, 6/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">492,239
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2019D, 5.000%, 5/01/39 (WI/DD, Settling 2/07/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/29
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,664,300
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Francisco Redevelopment Financing Authority, California, Tax Allocation Revenue Bonds, Mission Bay South Redevelopment Project, Series 2011D, 7.000%, 8/01/41 (Pre-refunded 2/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">BBB+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">276,778
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,095
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Series 1997A, 0.000%, 1/15/25&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,155,809
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">13,220
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Mateo County Community College District, California, General Obligation Bonds, Series 2006A, 0.000%, 9/01/28&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,342,667
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Mateo Union High School District, San Mateo County, California, General Obligation Bonds, Election of 2000, Series 2002B, 0.000%, 9/01/24&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aaa
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,474,950
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,815
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Ysidro School District, San Diego County, California, General Obligation Bonds, Refunding Series 2015, 0.000%, 8/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,348,673
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Tobacco
 Securitization Authority of Northern California, Tobacco Settlement Asset-Backed Bonds, Refunding Series 2005A-2, 5.400%, 6/01/27 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,008,940
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">University
 of California, General Revenue Bonds, Series 2009O: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">210
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 5/15/39 (Pre-refunded 5/15/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">212,226
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">370
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 5/15/39 (Pre-refunded 5/15/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">373,922
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">720
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">5.250%,
 5/15/39 (Pre-refunded 5/15/19) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:10.46%;">AA
 (4) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">727,632
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.72pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">215,735
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 California </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:19.11pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">206,630,920
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Colorado&#8201;&#8211;&#8201;7.2%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Arapahoe
 County School District 6, Littleton, Colorado, General Obligation Bonds, Series 2019A, 5.500%, 12/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,106,350
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2006A, 4.500%, 9/01/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,206,552
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,105
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,531,300
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,845
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of Leavenworth Health Services Corporation, Refunding Composite Deal Series 2010B, 5.000%, 1/01/21 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,929,497
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15,925
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of Leavenworth Health Services Corporation, Series 2010A, 5.000%, 1/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">16,311,818
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,255
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 High Performance Transportation Enterprise, C-470 Express Lanes Revenue Bonds, Senior Lien Series 2017, 5.000%, 12/31/51 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,334,667
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Colorado
 State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Series 2012A, 5.000%, 3/01/41 (Pre-refunded 3/01/22) </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:10.46%;">AA
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,198,160
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:54pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">3</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Colorado
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">4,500</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 State, Building Excellent Schools Today, Certificates of Participation, Series 2018N, 5.000%, 3/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">5,209,020</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Colorado
 State, Certificates of Participation, Lease Purchase Financing Program, National Western Center, Series 2018A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,492,213
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,360,960
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,260
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,480,765
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">620
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">726,460
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,790
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Colorado
 State, Certificates of Participation, Rural Series 2018A, 5.000%, 12/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,411,825
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Denver
 City and County, Colorado, Airport System Revenue Bonds, Series 2012B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,750
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 11/15/25 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,053,105
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 11/15/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,418,020
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,160
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Denver
 City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013B, 5.000%, 11/15/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,681,418
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Denver
 Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel, Refunding Senior Lien Series 2016, 5.000%, 12/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,208,020
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">E-470
 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,660
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/29&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,869,323
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">24,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/31&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">15,546,806
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">17,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/32&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,404,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,600
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">E-470
 Public Highway Authority, Colorado, Toll Revenue Bonds, Refunding Series 2006B, 0.000%, 9/01/39&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/26
 at 52.09 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,941,580
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">E-470
 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,700
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/27&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/20
 at 67.94 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,013,855
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,075
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 3/01/36&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/20
 at 41.72 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,988,491
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Public
 Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.500%, 11/15/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,121,920
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Rangely
 Hospital District, Rio Blanco County, Colorado, General Obligation Bonds, Refunding Series 2011, 6.000%, 11/01/26 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,430,200
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,750
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Regional
 Transportation District, Colorado, Denver Transit Partners Eagle P3 Project Private Activity Bonds, Series 2010, 6.000%, 1/15/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,815,250
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,945
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Regional
 Transportation District, Colorado, Sales Tax Revenue Bonds, Fastracks Project, Series 2017A, 5.000%, 11/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,623,503
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">4,250
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">University
 of Colorado, Enterprise System Revenue Bonds, Series 2018B, 5.000%, 6/01/43 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">6/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">4,906,837
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.72pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">169,540
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Colorado </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:19.11pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">149,321,915
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Connecticut&#8201;&#8211;&#8201;0.8%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Connecticut
 Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare, Series 2011A, 5.000%, 7/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,576,305
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,440
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Connecticut
 State, General Obligation Bonds, Series 2015E, 5.000%, 8/01/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,418,449
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:53.15%;">Connecticut
 State, General Obligation Bonds, Series 2015F, 5.000%, 11/15/33 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,512,400
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:69pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">4</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Connecticut
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">9,797</FONT> </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Mashantucket
 Western Pequot Tribe, Connecticut, Special Revenue Bonds, Subordinate Series 2013A, 6.050%, 7/01/31 (cash 4.000%, PIK 2.050%) (6) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;width:11.57%;">$
<FONT style="padding-left:22.83pt;">335,553</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">24,737
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Connecticut </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">16,842,707
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">District
 of Columbia&#8201;&#8211;&#8201;0.4% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">District
 of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006A, 0.000%, 6/15/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,321,100
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">5,390
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">District
 of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Senior Lien Series 2018B, 5.000%, 10/01/43 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">4/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">6,173,113
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">20,390
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 District of Columbia </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.88pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,494,213
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Florida&#8201;&#8211;&#8201;4.9%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Cape
 Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2011, 5.000%, 10/01/41 &#8201;&#8211;&#8201; AGM Insured (Pre-refunded 10/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">A
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,259,440
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">565
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Florida
 Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance Charter School Income Projects, Series 2015A, 6.000%, 6/15/35, 144A </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">580,865
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,285
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Florida,
 Development Finance Corporation, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project - South Segment, Series 2017, 5.625%, 1/01/47 (Mandatory Put 1/01/28) (Alternative Minimum Tax), 144A </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 105.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,584,337
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Gainesville,
 Florida, Utilities System Revenue Bonds, Series 2017A, 5.000%, 10/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,640,960
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,845
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Greater
 Orlando Aviation Authority, Florida, Airport Facilities Revenue Bonds, Refunding Series 2009C, 5.000%, 10/01/34 (Pre-refunded 10/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA-
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,908,045
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,290
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Hillsborough
 County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport, Subordinate Lien Series 2015B, 5.000%, 10/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,545,518
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,090
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County Expressway Authority, Florida, Toll System Revenue Bonds, Series 2010A, 5.000%, 7/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,282,860
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County Health Facility Authority, Florida, Hospital Revenue Bonds, Miami Children's Hospital, Series 2010A, 6.000%, 8/01/46 (Pre-refunded 8/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">A+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,477,740
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County, Florida, Aviation Revenue Bonds, Miami International Airport, Refunding Series 2014B, 5.000%, 10/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,222,060
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2009B, 5.500%, 10/01/36 (Pre-refunded 10/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">A
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,150,480
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2010B, 5.000%, 10/01/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,192,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County, Florida, Transit System Sales Surtax Revenue Bonds, Refunding Series 2012, 5.000%, 7/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,326,040
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,590
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Miami-Dade
 County, Florida, Water and Sewer System Revenue Bonds, Series 2010, 5.000%, 10/01/39 &#8201;&#8211;&#8201; AGM Insured (Pre-refunded 10/01/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,113,231
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Orlando
 Utilities Commission, Florida, Utility System Revenue Bonds, Series 2018A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 10/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,076,555
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,780
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 10/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,383,817
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,120
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 10/01/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,294,272
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,725
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Orlando,
 Florida, Contract Tourist Development Tax Payments Revenue Bonds, Series 2014A, 5.000%, 11/01/44 (Pre-refunded 5/01/24) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,416,654
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">3,250
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Palm
 Beach County Health Facilities Authority, Florida, Revenue Bonds, Jupiter Medical Center, Series 2013A, 5.000%, 11/01/43 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,378,895
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:34pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">5</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Florida
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">1,020</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Putnam
 County Development Authority, Florida, Pollution Control Revenue Bonds, Seminole Electric Cooperative, Inc. Project, Refunding Series 2018B, 5.000%, 3/15/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">1,129,120</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,865
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">South
 Broward Hospital District, Florida, Hospital Revenue Bonds, Refunding Series 2015, 4.000%, 5/01/34 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,145,573
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">3,300
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Tampa,
 Florida, Health System Revenue Bonds, Baycare Health System, Series 2012A, 5.000%, 11/15/33 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">5/22
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">3,588,618
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">94,725
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Florida </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:19.11pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">102,697,080
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Georgia&#8201;&#8211;&#8201;1.2%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,325
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Atlanta,
 Georgia, Water and Wastewater Revenue Bonds, Refunding Series 2015, 5.000%, 11/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,710,833
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,290
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Fulton
 County Development Authority, Georgia, Hospital Revenue Bonds, Wellstar Health System, Inc. Project, Series 2017A, 5.000%, 4/01/47 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,497,886
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Gainesville
 and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2017B, 5.500%, 2/15/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,012,080
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,865
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Municipal
 Electric Authority of Georgia, General Resolution Projects Subordinated Bonds, Series 20188HH, 5.000%, 1/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,383,231
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,415
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Municipal
 Electric Authority of Georgia, Project One Revenue Bonds, Subordinate Lien Series 2015A, 5.000%, 1/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,609,432
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Private
 Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, Refunding Series 2016A, 5.000%, 10/01/46 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">10/26
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">2,263,040
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">21,895
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Georgia </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">24,476,502
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Guam&#8201;&#8211;&#8201;0.0%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">330
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Guam
 International Airport Authority, Revenue Bonds, Series 2013C, 6.375%, 10/01/43 (Alternative Minimum Tax) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">10/23
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">374,992
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Hawaii&#8201;&#8211;&#8201;0.6%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,625
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Honolulu
 City and County, Hawaii, General Obligation Bonds, Refunding Series 2009A, 5.250%, 4/01/32 (Pre-refunded 4/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">Aa1
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,646,206
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,830
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Honolulu
 City and County, Hawaii, General Obligation Bonds, Series 2018A, 5.000%, 9/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,572,178
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Honolulu
 City and County, Hawaii, Wastewater System Revenue Bonds, First Bond Resolution, Senior Series 2018A, 5.000%, 7/01/37 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">1/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">3,468,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,455
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Hawaii </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,686,384
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Illinois&#8201;&#8211;&#8201;12.5%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,701,150
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016A, 7.000%, 12/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,727,150
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,945
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016B, 6.500%, 12/01/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,306,941
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,710
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2017A, 7.000%, 12/01/46, 144A </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,551,912
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">17,725
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax Revenues, Series 1998B-1, 0.000%, 12/01/24&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">B+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;
">14,423,541
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:38pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">6</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">7,495</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax Revenues, Series 1999A, 0.000%, 12/01/31&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B+
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">4,387,048</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago
 Park District, Illinois, General Obligation Bonds, Limited Tax Series 2011A, 5.000%, 1/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,555,770
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Chicago,
 Illinois, General Obligation Bonds, Project &amp; Refunding Series 2006A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,195
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">4.750%,
 1/01/30&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,199,828
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,175
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">4.625%,
 1/01/31&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,182,917
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Chicago,
 Illinois, Motor Fuel Tax Revenue Bonds, Series 2008A, 5.000%, 1/01/38&#8201;&#8211;&#8201; AGC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,013,150
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,320
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Cook
 and DuPage Counties Combined School District 113A Lemont, Illinois, General Obligation Bonds, Series 2002, 0.000%, 12/01/20&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,198,123
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,875
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Cook
 County, Illinois, General Obligation Bonds, Refunding Series 2010A, 5.250%, 11/15/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,218,285
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Cook
 County, Illinois, General Obligation Bonds, Refunding Series 2018, 5.000%, 11/15/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,094,920
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,260
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Cook
 County, Illinois, Recovery Zone Facility Revenue Bonds, Navistar International Corporation Project, Series 2010, 6.750%, 10/15/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,391,671
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Cook
 County, Illinois, Sales Tax Revenue Bonds, Series 2012, 5.000%, 11/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,319,700
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,800
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Development Finance Authority, Local Government Program Revenue Bonds, Winnebago and Boone Counties School District 205 - Rockford, Series 2000, 0.000%, 2/01/19&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,800,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009, 5.250%, 11/01/39 (Pre-refunded 11/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,077,850
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,875
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009B, 5.500%, 11/01/39 (Pre-refunded 11/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,927,088
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, OSF Healthcare System, Refunding Series 2010A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">970
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 5/15/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,003,640
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,110
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 5/15/39 (Pre-refunded 5/15/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,274,519
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, Provena Health, Series 2009A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:40.22pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">45
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">7.750%,
 8/15/34 (Pre-refunded 8/15/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.61pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">46,424
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,755
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">7.750%,
 8/15/34 (Pre-refunded 8/15/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,905,496
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, Rush University Medical Center Obligated Group, Series 2015A, 5.000%, 11/15/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,416,400
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">560
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 8/15/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">610,702
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">825
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 8/15/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">880,787
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, The University of Chicago Medical Center, Series 2011C, 5.500%, 8/15/41 (Pre-refunded 2/15/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA-
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,683,600
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Finance Authority, Revenue Bonds, University of Chicago, Series 2012A, 5.000%, 10/01/51 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,180,360
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">3,750
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Sports Facility Authority, State Tax Supported Bonds, Series 2001, 5.500%, 6/15/30&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,758,925
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:37pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">7</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">5,125</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
 State, General Obligation Bonds, January Series 2016, 5.000%, 1/01/28 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">5,466,530</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,755
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
 State, General Obligation Bonds, October Series 2016, 5.000%, 2/01/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,875,270
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">655
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
 State, General Obligation Bonds, Refunding Series 2012, 5.000%, 8/01/25 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">685,274
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,590
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2013A, 5.000%, 1/01/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,070,237
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Illinois
 Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2016B, 5.000%, 1/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,425,840
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Lombard
 Public Facilities Corporation, Illinois, Conference Center and Hotel Revenue Bonds, First Tier Series 2005A-2, 5.500%, 1/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,564,650
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">16,800
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Refunding Series 1996A, 0.000%, 12/15/21&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">15,348,648
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Refunding Series 2002B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">495
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.500%,
 6/15/20 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">498,698
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,380
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.550%,
 6/15/21 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,397,826
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 1994B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,635
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/15/21&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,378,478
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,190
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/15/28&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,585,148
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,675
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/15/29&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,705,266
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,315
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.700%,
 6/15/24 (Pre-refunded 6/15/22) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/22
 at 101.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,631,785
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,685
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.700%,
 6/15/24 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,486,315
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,950
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 12/15/32&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,714,778
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">21,375
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/15/34&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,788,817
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">21,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 12/15/35&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,833,670
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">21,970
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/15/36&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,973,941
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,375
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 12/15/36&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,604,217
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 12/15/37&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,193,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">25,825
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/15/39&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,908,278
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,095
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Regional
 Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties, Illinois, General Obligation Bonds, Series 2002A, 6.000%, 7/01/32&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,029,797
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Regional
 Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties, Illinois, General Obligation Bonds, Series 2003A, 6.000%, 7/01/33&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,244,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,020
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Southwestern
 Illinois Development Authority, Local Government Revenue Bonds, Edwardsville Community Unit School District 7 Project, Series 2007, 0.000%, 12/01/23&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,377,189
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,285
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Springfield,
 Illinois, Water Revenue Bonds, Series 2012, 5.000%, 3/01/37 (UB) (7) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,003,510
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">615
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">University
 of Illinois, Health Services Facilities System Revenue Bonds, Series 2013, 6.000%, 10/01/42 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">693,216
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:42pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">8</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Illinois
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Will
 County Community Unit School District 201U, Crete-Monee, Illinois, General Obligation Bonds, Capital Appreciation Series 2004: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:32.44pt;">780</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 11/01/22&#8201;&#8211;&#8201; NPFG Insured (ETM) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">Baa2
 (4) </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:22.83pt;">721,890</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">2,550
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">0.000%,
 11/01/22&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">2,321,061
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.72pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">326,530
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Illinois </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:19.11pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">260,366,826
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Indiana&#8201;&#8211;&#8201;2.0%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,010
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Indiana
 Finance Authority, Hospital Revenue Bonds, Community Health Network Project, Series 2012A, 5.000%, 5/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,377,133
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Indiana
 Finance Authority, Hospital Revenue Bonds, Indiana University Health Obligation Group, Refunding 2015A, 4.000%, 12/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,283,863
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,740
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Indiana
 Finance Authority, Private Activity Bonds, Ohio River Bridges East End Crossing Project, Series 2013A, 5.000%, 7/01/48 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,035,036
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Indiana
 Municipal Power Agency Power Supply System Revenue Bonds, Refunding Series 2016A, 5.000%, 1/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,232,920
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Indianapolis
 Local Public Improvement Bond Bank, Indiana, Series 1999E: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,550
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 2/01/21&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,055,153
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,400
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 2/01/25&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,084,016
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">14,595
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">0.000%,
 2/01/27&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">11,825,891
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">44,545
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Indiana </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">41,894,012
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Iowa&#8201;&#8211;&#8201;1.3%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">14,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Iowa
 Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Series 2013, 5.500%, 12/01/22 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">14,514,210
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Iowa
 Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">175
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.375%,
 6/01/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">173,843
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.625%,
 6/01/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,927,130
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">4,965
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Iowa
 Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B, 5.600%, 6/01/34 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">B2
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">4,965,844
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">26,640
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Iowa </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">26,581,027
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Kentucky&#8201;&#8211;&#8201;1.0%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">480
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Greater
 Kentucky Housing Assistance Corporation, FHA-Insured Section 8 Mortgage Revenue Refunding Bonds, Series 1997A, 6.100%, 1/01/24&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">481,426
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Kenton
 County Airport Board, Kentucky, Airport Revenue Bonds, Cincinnati/Northern Kentucky International Airport, Series 2016: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,530
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 1/01/27 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,776,529
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,600
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 1/01/28 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,849,008
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Kentucky
 Bond Development Corporation, Transient Room Tax Revenue Bonds, Lexington Center Corporation Project, Series 2018A, 5.000%, 9/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,221,600
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Kentucky
 Economic Development Finance Authority, Hospital Revenue Bonds, Baptist Healthcare System Obligated Group, Series 2011, 5.000%, 8/15/42 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,039,950
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:69pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">9</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Kentucky
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Kentucky
 Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior Series 2015A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">2,175</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">2,287,382</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,760
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 1/01/45 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,974,157
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">6,000
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Kentucky
 Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds, Downtown Crossing Project, Convertible Capital Appreciation Series 2013C, 0.000%, 7/01/39 (5) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">7/31
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Baa3
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">5,815,320
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">20,545
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Kentucky </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">21,445,372
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Louisiana&#8201;&#8211;&#8201;1.2%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,310
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Louisiana
 Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Series 2009A, 6.500%, 8/01/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,448,669
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,450
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Louisiana
 Local Government Environmental Facilities and Community Development Authority, Revenue Bonds, Westlake Chemical Corporation Projects, Series 2010A-1, 6.500%, 11/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,803,596
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,420
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Louisiana
 Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A, 5.000%, 7/01/28 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,947,041
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,040
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017A, 5.000%, 1/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,008,907
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,470
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">New
 Orleans Aviation Board, Louisiana, Special Facility Revenue Bonds, Parking Facilities Corporation Consolidated Garage System, Series 2018A, 5.000%, 10/01/43&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">10/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,651,883
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">22,690
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Louisiana </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">24,860,096
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Maine&#8201;&#8211;&#8201;0.7%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Maine
 Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,497,520
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Maine
 Health and Higher Educational Facilities Authority Revenue Bonds, MaineHealth Issue, Series 2018A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,190
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,324,934
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,940
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,583,480
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,050
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Maine
 Health and Higher Educational Facilities Authority, Revenue Bonds, Maine General Medical Center, Series 2011, 6.750%, 7/01/41 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">7/21
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BB
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,117,610
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,430
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Maine </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">13,523,544
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Maryland&#8201;&#8211;&#8201;1.5%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Baltimore,
 Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">630
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">709,758
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,330
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,621,133
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,070
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/34 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,420,962
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,106,520
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,097,580
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,893,930
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">3,500
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:53.15%;">5.000%,
 9/01/46 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,770,270
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:47pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">10</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Maryland
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">2,350</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Maryland
 Economic Development Corporation, Private Activity Revenue Bonds AP, Purple Line Light Rail Project, Green Bonds, Series 2016D, 5.000%, 3/31/41 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">2,519,553</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,050
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Maryland
 Health and Higher Educational Facilities Authority, Maryland, Hospital Revenue Bonds, Meritus Medical Center, Series 2015, 5.000%, 7/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,129,065
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Maryland
 Health and Higher Educational Facilities Authority, Revenue Bonds, Adventist Healthcare, Series 2011A, 6.125%, 1/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,633,950
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">6,635
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Maryland
 Stadium Authority, Lease Revenue Bonds, Baltimore City Public Schools Construction &amp; Revitalization Program, Series 2018A, 5.000%, 5/01/47 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">5/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">7,453,759
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">27,565
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Maryland </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">30,356,480
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Massachusetts&#8201;&#8211;&#8201;1.1%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,100
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Development Finance Agency, Hospital Revenue Bonds, Cape Cod Healthcare Obligated Group, Series 2013, 5.250%, 11/15/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,285,451
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,905
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Green Bonds, Series 2015D, 5.000%, 7/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,081,159
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,105
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2016E, 5.000%, 7/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,192,107
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,765
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Development Finance Agency, Revenue Bonds, Dana-Farber Cancer Institute Issue, Series 2016N, 5.000%, 12/01/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,058,588
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Health and Educational Facilities Authority, Revenue Bonds, Suffolk University, Refunding Series 2009A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,530
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.750%,
 7/01/39 (Pre-refunded 7/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,555,903
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">770
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.750%,
 7/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">779,856
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,110
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 School Building Authority, Dedicated Sales Tax Revenue Bonds, Senior Series 2013A, 5.000%, 5/15/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,009,339
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">980
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Turnpike Authority, Metropolitan Highway System Revenue Bonds, Senior Series 1997A, 0.000%, 1/01/29&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">738,930
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">320
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Massachusetts
 Water Pollution Abatement Trust, Pooled Loan Program Bonds, Series 2000-6, 5.500%, 8/01/30 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aaa
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">321,024
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">21,585
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Massachusetts </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">23,022,357
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Michigan&#8201;&#8211;&#8201;3.0%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Detroit
 Academy of Arts and Sciences, Michigan, Public School Academy Revenue Bonds, Refunding Series 2013: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,855
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 10/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,805,527
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,520
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 10/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,325,355
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,515
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Detroit
 Local Development Finance Authority, Michigan, Tax Increment Bonds, Series 1998A, 5.500%, 5/01/21 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,495,857
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,415
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Detroit
 Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds, Refunding Senior Lien Series 2012A, 5.250%, 7/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,525,483
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:40.22pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Detroit,
 Michigan, Second Lien Sewerage Disposal System Revenue Bonds, Series 2005A, 4.500%, 7/01/35&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.61pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">15,024
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Detroit,
 Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2001B, 5.500%, 7/01/29&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,568,560
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:48pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">11</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Michigan
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:40.22pt;">5</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Detroit,
 Michigan, Water Supply System Revenue Bonds, Second Lien Series 2003B, 5.000%, 7/01/34&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:30.61pt;">5,013</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:44.11pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Detroit,
 Michigan, Water Supply System Revenue Bonds, Senior Lien Series 2003A, 5.000%, 7/01/34&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:34.50pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,013
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Kalamazoo
 Hospital Finance Authority, Michigan, Hospital Revenue Refunding Bonds, Bronson Methodist Hospital, Remarketed Series 2006: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,105
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 5/15/36 &#8201;&#8211;&#8201; AGM Insured (Pre-refunded 5/15/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">A2
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,153,012
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">895
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 5/15/36&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">925,448
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,950
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water &amp; Sewerage Department Water Supply System Local Project, Series 2014C-1, 5.000%, 7/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,080,221
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2011MI: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:40.22pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/39 (Pre-refunded 12/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.61pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">16,334
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,585
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,881,420
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2015, 5.000%, 12/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,376,400
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,315
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 Finance Authority, Senior lien Distributable State Aid Revenue Bonds, Charter County of Wayne Criminal Justice Center Project, Series 2018, 5.000%, 11/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,736,900
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 Hospital Finance Authority, Revenue Bonds, Ascension Health Senior Credit Group, Refunding and Project Series 2010F-6, 4.000%, 11/15/47 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,039,660
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,155
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 Municipal Bond Authority, Clean Water Revolving Fund Revenue Bonds, Series 2010, 5.000%, 10/01/29 (Pre-refunded 10/01/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,270,745
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2011-II-A, 5.375%, 10/15/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,410,600
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Michigan
 State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2015-I, 5.000%, 4/15/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,633,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,890
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Oakland
 University, Michigan, General Revenue Bonds, Series 2012, 5.000%, 3/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,073,255
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,100
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Wayne
 County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2015D, 5.000%, 12/01/45 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">12/25
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,221,913
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">57,340
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Michigan </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">61,564,740
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Minnesota&#8201;&#8211;&#8201;0.4%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,495
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Breckenridge,
 Minnesota, Revenue Bonds, Catholic Health Initiatives, Series 2004A, 5.000%, 5/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,512,193
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Rochester,
 Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B, 5.000%, 11/15/34 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,041,312
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,480
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">University
 of Minnesota, General Obligation Bonds, Series 2016A, 5.000%, 4/01/41 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">4/26
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,674,442
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,175
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Minnesota </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.88pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,227,947
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Missouri&#8201;&#8211;&#8201;0.8%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">3,465
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Missouri
 Health and Educational Facilities Authority, Health Facilities Revenue Bonds, CoxHealth, Series 2013A, 5.000%, 11/15/48 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,694,937
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:70pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">12</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Missouri
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:22.72pt;">12,000</FONT> </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Missouri
 Health and Educational Facilities Authority, Revenue Bonds, SSM Health Care System, Series 2010B, 5.000%, 6/01/30 (Pre-refunded 6/01/20) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">6/20
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:10.46%;">AA-
 (4) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;width:11.57%;">$
<FONT style="padding-left:13.11pt;">12,508,320</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15,465
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Missouri </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">16,203,257
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Montana&#8201;&#8211;&#8201;0.6%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,115
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Billings,
 Montana, Sewer System Revenue Bonds, Series 2017, 5.000%, 7/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,314,072
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Montana
 Facility Finance Authority, Healthcare Facility Revenue Bonds, Kalispell Regional Medical Center, Series 2018B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,340
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,529,905
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,415
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,599,601
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,980
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,224,728
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,135
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,382,510
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">3,045
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Montana
 Facility Finance Authority, Revenue Bonds, Billings Clinic Obligated Group, Series 2018A, 5.000%, 8/15/48 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">8/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">3,441,398
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,030
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Montana </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,492,214
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Nebraska&#8201;&#8211;&#8201;0.2%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,855
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Central
 Plains Energy Project, Nebraska, Gas Project 3 Revenue Bonds, Series 2012, 5.000%, 9/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,992,214
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,400
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Douglas
 County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska Methodist Health System, Refunding Series 2015, 5.000%, 11/01/45 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">11/25
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,492,148
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,255
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Nebraska </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.88pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,484,362
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Nevada&#8201;&#8211;&#8201;3.2%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,075
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Clark
 County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2010B, 5.750%, 7/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,235,573
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Clark
 County, Nevada, General Obligation Bonds, Limited Tax, Additionally Secured by Pledged Revenues, Transportation Improvement Series 2018B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,390,760
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,901,250
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Las
 Vegas Convention and Visitors Authority, Nevada, Convention Center Expansion Revenue Bonds, Series 2018B, 5.000%, 7/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,600,900
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Las
 Vegas Convention and Visitors Authority, Nevada, Revenue Bonds, Series 2018C, 5.250%, 7/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,764,205
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Las
 Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Series 2015: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,220
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 6/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,984,104
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 6/01/34 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,446,200
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 6/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,191,420
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,205
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Las
 Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Water Improvement Series 2016A, 5.000%, 6/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,943,767
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Reno,
 Nevada, Subordinate Lien Sales Tax Revenue Refunding Bonds, ReTrac-Reno Transportation Rail Access Corridor Project, Series 2018A, 5.000%, 6/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,251,040
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">250
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Reno,
 Nevada, Subordinate Lien Sales Tax Revenue Refunding Bonds, ReTrac-Reno Transportation Rail Access Corridor Project, Series 2018B, 5.000%, 6/01/33&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">287,597
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:33pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">13</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Nevada
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">1,500</FONT> </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Sparks
 Tourism Improvement District 1, Legends at Sparks Marina, Nevada, Senior Sales Tax Revenue Bonds Series 2008A, 6.750%, 6/15/28 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Ba3
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;width:11.57%;">$
<FONT style="padding-left:16.99pt;">1,501,185</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">59,750
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Nevada </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">67,498,001
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">New
 Hampshire&#8201;&#8211;&#8201;0.1% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,500
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">New
 Hampshire Business Finance Authority, Revenue Bonds, Elliot Hospital Obligated Group Issue, Series 2009A, 6.125%, 10/01/39 (Pre-refunded 10/01/19) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">10/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:10.46%;">BBB
 (4) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,543,230
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">New
 Jersey&#8201;&#8211;&#8201;3.8% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">930
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge Replacement Project, Series 2013, 5.125%, 1/01/39&#8201;&#8211;&#8201; AGM Insured (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">998,448
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Economic Development Authority, School Facilities Construction Bonds, Refunding Series 2016BBB, 5.500%, 6/15/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,770,100
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,990
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2005N-1, 5.500%, 9/01/25&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,053,285
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Economic Development Authority, School Facilities Construction Financing Program Bonds, Refunding Series 2013NN, 5.000%, 3/01/25 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,339,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,300
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters University Hospital, Series 2007, 5.750%, 7/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,308,481
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,420
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A, 0.000%, 12/15/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,560,626
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">30,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 12/15/30&#8201;&#8211;&#8201; FGIC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">19,038,300
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">27,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 12/15/32&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">16,021,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA, 5.000%, 6/15/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,833,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,750
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 6/15/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,999,370
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,150
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 6/15/34 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,328,450
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">New
 Jersey Turnpike Authority, Revenue Bonds, Series 2017B, 5.000%, 1/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,265,460
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,135
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Rutgers
 State University, New Jersey, Revenue Bonds, Refunding Series 2013L, 5.000%, 5/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,256,479
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">2,720
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Tobacco
 Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B, 5.000%, 6/01/46 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">6/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">2,716,600
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.72pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">101,895
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 New Jersey </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">79,490,199
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">New
 Mexico&#8201;&#8211;&#8201;0.0% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">555
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">University
 of New Mexico, Revenue Bonds, Refunding Series 1992A, 6.000%, 6/01/21 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">576,412
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">New
 York&#8201;&#8211;&#8201;5.7% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">3,750
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Dormitory
 Authority of the State of New York, Lease Revenue Bonds, State University Dormitory Facilities, Series 2017A, 5.000%, 7/01/42 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,247,025
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:52pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">14</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">New
 York<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">1,950</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Long
 Island Power Authority, New York, Electric System General Revenue Bonds, Series 2018, 5.000%, 9/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">2,239,205</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,160
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Long
 Island Power Authority, New York, Electric System Revenue Bonds, Series 2008A, 5.500%, 5/01/33 &#8201;&#8211;&#8201; BHAC Insured (Pre-refunded 5/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA+
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,209,072
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,855
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Long
 Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A, 5.000%, 5/01/38 (Pre-refunded 5/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">A-
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">13,807,427
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,850
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium Project, Series 2006, 4.750%, 3/01/46&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,856,796
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,525
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue Bonds, Second Generation Resolution, Series 2009EE-2, 5.250%, 6/15/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,568,534
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2018, Series 2017S-3, 5.000%, 7/15/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,352,600
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2019 Subseries S-3A, 5.000%, 7/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,081,920
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,755
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,189,700
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,825
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade Center Project, Series 2011, 5.750%, 11/15/51 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,387,870
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York Transportation Development Corporation, New York, Special Facility Revenue Bonds, Delta Air Lines, Inc - LaGuardia Airport Terminals C&amp;D Redevelopment Project, Series 2018, 5.000%, 1/01/33 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,579,245
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,270
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">New
 York Transportation Development Corporation, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A, 5.000%, 7/01/46 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,717,655
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,925
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Port
 Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,509,483
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,550
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Triborough
 Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, MTA Bridges &amp; Tunnels, Series 2017C-2, 5.000%, 11/15/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,644,976
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Triborough
 Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding Series 2015A, 5.000%, 11/15/50 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,379,410
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">650
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">TSASC
 Inc, New York, Tobacco Settlement Asset-Backed Bonds, Fiscal 2017 Series B, 5.000%, 6/01/24 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">B+
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">697,619
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.72pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">109,565
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 New York </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:19.11pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">118,468,537
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">North
 Carolina&#8201;&#8211;&#8201;0.9% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Charlotte-Mecklenburg
 Hospital Authority, North Carolina, Health Care Revenue Bonds, DBA Carolinas HealthCare System, Series 2011A, 5.125%, 1/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,587,885
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,520
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Carolina Capital Facilities Finance Agency, Revenue Bonds, Duke University Project, Refunding Series 2016B, 5.000%, 10/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,717,691
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Carolina Department of Transportation, Private Activity Revenue Bonds, I-77 Hot Lanes Project, Series 2015: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">905
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/31/37 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">959,336
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,175
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 6/30/54 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,360,704
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">2,010
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">North
 Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Duke University Health System, Series 2010A, 5.000%, 6/01/42 (Pre-refunded 6/01/20) </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,095,144
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:46pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">15</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">North
 Carolina<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">2,995</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Carolina Turnpike Authority, Monroe Expressway Toll Revenue Bonds, Series 2017A, 5.000%, 7/01/51 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">3,201,116</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Refunding Senior Lien Series 2017: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,625
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 1/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,852,256
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,850
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">5.000%,
 1/01/32 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">1/27
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">2,082,360
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">16,580
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 North Carolina </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">17,856,492
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">North
 Dakota&#8201;&#8211;&#8201;0.5% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,820
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Fargo,
 North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011, 6.250%, 11/01/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,755,506
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,840
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Grand
 Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated Group, Series 2017A, 5.000%, 12/01/42 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">12/27
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">2,009,906
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,660
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 North Dakota </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,765,412
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Ohio&#8201;&#8211;&#8201;3.7%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Buckeye
 Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien, Series 2007A-2: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,205
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.875%,
 6/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Caa3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,412,407
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,020
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 6/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,862,295
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,940
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.875%,
 6/01/47 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,117,812
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">16,415
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Buckeye
 Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Senior Lien, Series 2007A-3, 6.250%, 6/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Caa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">16,149,734
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,195
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Franklin
 County, Ohio, Hospital Revenue Bonds, Nationwide Children's Hospital Project, Refunding &amp; Improvement Series 2017A, 5.000%, 11/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,396,549
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,485
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Franklin
 County, Ohio, Revenue Bonds, Trinity Health Credit Group, Series 2017OH, 4.000%, 12/01/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,511,904
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Franklin
 County, Ohio, Sales Tax Revenue Bonds, Various Purpose Series 2018, 5.000%, 6/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,777,150
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,730
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Lucas
 County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2011A, 6.000%, 11/15/41 (Pre-refunded 11/15/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">BBB
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,928,137
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">13,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Ohio
 Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Generation Corporation Project, Refunding Series 2009D, 4.250%, 8/01/29 (Mandatory Put 9/15/21) (6) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,805,000
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,110
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Ohio
 State, Private Activity Bonds, Portsmouth Gateway Group, LLC - Borrower, Portsmouth Bypass Project, Series 2015, 5.000%, 12/31/39&#8201;&#8211;&#8201; AGM Insured (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,515,328
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">4,975
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Ohio
 Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series 2013A-1, 5.000%, 2/15/48 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">2/23
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">5,338,324
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">78,075
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Ohio </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">77,814,640
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Oklahoma&#8201;&#8211;&#8201;1.1%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,350
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Fort
 Sill Apache Tribe of Oklahoma Economic Development Authority, Gaming Enterprise Revenue Bonds, Fort Sill Apache Casino, Series 2011A, 8.500%, 8/25/26, 144A </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,527,214
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">4,000
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Oklahoma
 City Water Utilities Trust, Oklahoma, Water and Sewer Revenue Bonds, Refunding Series 2016, 5.000%, 7/01/36 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,596,520
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:42pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">16</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Oklahoma
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Oklahoma
 Development Finance Authority, Health System Revenue Bonds, Integris Baptist Medical Center, Refunding Series 2015A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">1,590</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 8/15/27 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">1,833,302</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 8/15/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,429,113
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,935
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Oklahoma
 Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.250%, 8/15/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,120,257
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Oklahoma
 State Turnpike Authority, Turnpike System Revenue Bonds, Second Senior Series 2017A, 5.000%, 1/01/42 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">1/26
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">11,146,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">20,125
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Oklahoma </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">22,653,206
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Oregon&#8201;&#8211;&#8201;0.7%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,585
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Oregon
 State Department of Transportation, Highway User Tax Revenue Bonds, Refunding Senior Lien Series 2017B, 5.000%, 11/15/28 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,968,047
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">5,330
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">University
 of Oregon, General Revenue Bonds, Series 2018A, 5.000%, 4/01/48 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">4/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Aa2
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">6,081,637
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,915
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Oregon </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">14,049,684
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Pennsylvania&#8201;&#8211;&#8201;1.1%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Delaware
 River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2018A, 5.000%, 1/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/29
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,925,775
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,155
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Geisinger
 Authority, Montour County, Pennsylvania, Health System Revenue Bonds, Geisinger Health System, Series 2017A-2, 5.000%, 2/15/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,540,099
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Pennsylvania
 State University, Revenue Bonds, Refunding Series 2016A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,325
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,534,456
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aa1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,276,460
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Pennsylvania
 Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2011B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,405
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/41 (Pre-refunded 12/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,531,914
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,310
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,374,596
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Pennsylvania
 Turnpike Commission, Motor License Fund-Enhanced Turnpike Special Revenue Bonds, Subordinate Series 2013A, 5.000%, 12/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,970,925
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Pennsylvania
 Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special Revenue Bonds, Series 2014A, 0.000%, 12/01/37 (5) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,199,488
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,350
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Susquehanna
 Area Regional Airport Authority, Pennsylvania, Airport System Revenue Bonds, Series 2017, 5.000%, 1/01/38 (Alternative Minimum Tax) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">1/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Baa3
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,461,861
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">21,795
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Pennsylvania </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">23,815,574
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">South
 Carolina&#8201;&#8211;&#8201;1.7% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Piedmont
 Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,760
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 1/01/28&#8201;&#8211;&#8201; AGC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,873,305
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,535
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 1/01/29&#8201;&#8211;&#8201; AGC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,084,982
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">South
 Carolina Public Service Authority Santee Cooper Revenue Obligations, Refunding Series 2016B, 5.000%, 12/01/56 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,449,920
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">5,500
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">South
 Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding &amp; Improvement Series 2015A, 5.000%, 12/01/50 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,769,885
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:44pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">17</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">South
 Carolina<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">3,455</FONT> </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">South
 Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2014A, 5.500%, 12/01/54 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">6/24
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;width:11.57%;">$
<FONT style="padding-left:16.99pt;">3,707,975</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">39,250
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 South Carolina </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">34,886,067
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Tennessee&#8201;&#8211;&#8201;0.7%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,260
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Government of Nashville-Davidson County, Tennessee, Water and Sewerage Revenue Bonds, Green Series 2017A, 5.000%, 7/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,579,225
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Tennessee
 State School Bond Authority, Higher Educational Facilities Second Program Bonds, Series 2017A, 5.000%, 11/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,448,260
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">7,245
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">The
 Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006C, 4.000%, 5/01/48 (Mandatory Put 5/01/23) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">5/23
 at 100.43 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">7,575,445
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,505
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Tennessee </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">13,602,930
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Texas&#8201;&#8211;&#8201;16.4%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">14,355
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Bexar
 County Hospital District, Texas, Certificates of Obligation, Series 2018, 4.000%, 2/15/43 (UB) (7) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">14,632,339
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">13,970
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Boerne
 Independent School District, Kendall County, Texas, General Obligation Bonds, Series 2017, 4.000%, 2/01/48 (UB) (7) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Aaa
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">14,277,061
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,420
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Central
 Texas Regional Mobility Authority, Revenue Bonds, Refunding Senior Lien Series 2013A, 5.000%, 1/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,571,444
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Dallas-Fort
 Worth International Airport, Texas, Joint Revenue Bonds, Improvement Series 2012D, 5.000%, 11/01/38 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,913,925
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">240
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Decatur
 Hospital Authority, Texas, Revenue Bonds, Wise Regional Health System, Series 2014A, 5.250%, 9/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">254,729
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">El
 Paso County Hospital District, Texas, General Obligation Bonds, Certificates of Obligation Series 2013, 5.000%, 8/15/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,228,450
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Fort
 Bend County Municipal Utility District 50, Texas, General Obligation Bonds, Series 2018A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,600
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">4.000%,
 9/01/46&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,607,488
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">4.000%,
 9/01/48&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">9/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,515,840
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">27,340
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Grand
 Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien Series 2013B, 5.000%, 4/01/53 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">29,391,594
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,845
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Harris
 County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Houston Methodist Hospital System, Series 2015, 4.000%, 12/01/45 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,826,337
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,295
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Harris
 County-Houston Sports Authority, Texas, Revenue Bonds, Capital Appreciation Refunding Senior Lien Series 2014A, 0.000%, 11/15/50&#8201;&#8211;&#8201; AGM Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/31
 at 39.79 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,689,303
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">11,900
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Harris
 County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H, 0.000%, 11/15/27&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,812,664
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Harris
 County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series 2014C: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">425
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 11/15/23 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">476,242
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,845
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 11/15/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,052,876
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">14,905
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Harris
 County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3, 0.000%, 11/15/33&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/24
 at 59.10 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">Baa2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,240,849
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:59pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">18</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Texas
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Houston,
 Texas, Airport System Revenue Bonds, Refunding &amp; Subordinate Lien Series 2018B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">1,590</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">1,801,550</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,290
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,582,845
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Houston,
 Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project, Series 2001B: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">24,755
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/29&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">17,494,111
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,940
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/30&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,679,634
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/31&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,353,300
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">19,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 9/01/32&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A2
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,791,650
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,120
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Leander
 Independent School District, Williamson and Travis Counties, Texas, General Obligation Bonds, Refunding Series 2015A, 5.000%, 8/15/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,794,509
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,510
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Leander
 Independent School District, Williamson and Travis Counties, Texas, General Obligation Bonds, Refunding Series 2016A, 5.000%, 8/15/49 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,055,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Love
 Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds, Southwest Airlines Company - Love Field Modernization Program Project, Series 2012, 5.000%, 11/01/28 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,164,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Lubbock,
 Texas, Electric Light and Power System, Revenue Bonds, Series 2018: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,170
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 4/15/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,469,720
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,930
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 4/15/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,446,088
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,750
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Martin
 County Hospital District, Texas, Combination Limited Tax and Revenue Bonds, Series 2011A, 7.250%, 4/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,862,245
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,420
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Texas Municipal Water District, Water System Revenue Bonds, Refunding &amp; Improvement Series 2012, 5.000%, 9/01/26 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,904,223
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Texas Tollway Authority, System Revenue Bonds, Refunding First Tier Capital Appreciation Series 2008I: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">30,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.200%,
 1/01/42&#8201;&#8211;&#8201; AGC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">36,134,100
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,220
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.500%,
 1/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,372,941
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15,450
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008D, 0.000%, 1/01/36&#8201;&#8211;&#8201; AGC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,564,398
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,020
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2015B, 5.000%, 1/01/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,746,110
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier Series 2017B, 5.000%, 1/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">8,886,720
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,100
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">North
 Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2015A, 5.000%, 1/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/25
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,241,049
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">San
 Antonio Convention Center Hotel Finance Corporation, Texas, Contract Revenue Empowerment Zone Bonds, Series 2005A, 5.000%, 7/15/39&#8201;&#8211;&#8201; AMBAC Insured (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,999,940
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Tarrant
 County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Scott &amp; White Healthcare Project, Series 2010: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">355
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.500%,
 8/15/45 (Pre-refunded 8/15/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">375,015
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">4,455
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:53.15%;">5.500%,
 8/15/45 (Pre-refunded 8/15/20) </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,706,173
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:48pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">19</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Texas
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">1,750</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Tarrant
 County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas Health Resources System, Series 2016A, 5.000%, 2/15/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">1,938,300</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,740
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Municipal Gas Acquisition and Supply Corporation I, Gas Supply Revenue Bonds, Senior Lien Series 2008D, 6.250%, 12/15/26 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,757,673
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series 2012: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/15/26 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,715,300
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,400
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/15/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">11,094,408
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,180
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier Refunding Series 2012A, 5.000%, 8/15/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,605,702
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier Refunding Series 2015B, 5.000%, 8/15/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,335,970
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,750
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Transportation Commission, Central Texas Turnpike System Revenue Bonds, Second Tier Refunding Series 2015C, 5.000%, 8/15/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/24
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,896,860
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series 2002A, 0.000%, 8/15/25&#8201;&#8211;&#8201; AMBAC Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,685,285
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Water Development Board, State Water Implementation Revenue Fund Bonds, Master Trust Series 2017A, 5.000%, 10/15/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,450,885
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Texas
 Water Development Board, State Water Implementation Revenue Fund Bonds, Series 2017A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">4.000%,
 10/15/42 (UB) (7) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,936,125
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">4.000%,
 10/15/47 (UB) (7) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">10/27
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">10,273,400
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.72pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">365,535
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Texas </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:19.11pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">340,607,970
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Utah&#8201;&#8211;&#8201;0.8%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,345
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Salt
 Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017B, 5.000%, 7/01/42 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,007,299
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Salt
 Lake City, Utah, Airport Revenue Bonds, International Airport Series 2018B, 5.000%, 7/01/43 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,968,685
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Salt
 Lake County, Utah, Sales Tax Revenue Bonds, TRCC Series 2017: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">695
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 2/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">803,809
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,150
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 2/01/37 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AAA
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,323,823
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Utah
 Associated Municipal Power Systems, Revenue Bonds, Horse Butte Wind Project, Refunding Series 2017A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,480,012
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,176,080
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,250
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/31 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,460,113
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">660
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 9/01/32 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">766,451
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">540
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Utah
 Water Finance Agency, Revenue Bonds, Pooled Loan Financing Program, Series 2017A, 5.000%, 3/01/37 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">3/27
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">619,429
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">15,390
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Utah </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">17,605,701
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Virginia&#8201;&#8211;&#8201;2.3%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">1,805
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">Chesapeake
 Bay Bridge and Tunnel District, Virginia, General Resolution Revenue Bonds, First Tier Series 2016, 5.000%, 7/01/46 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,966,764
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:36pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:left;text-decoration:none;text-transform:none;">20</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Virginia
<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:22.72pt;">14,110</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail &amp; Capital Improvement Projects, Refunding Second Senior Lien Series 2014A, 5.000%, 10/01/53 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">4/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:13.11pt;">14,579,016</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Metropolitan
 Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail Capital Appreciation, Second Senior Lien Series 2010B, 6.500%, 10/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">12,477,300
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,355
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Tobacco
 Settlement Financing Corporation of Virginia, Tobacco Settlement Asset Backed Bonds, Series 2007B1, 5.000%, 6/01/47 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">3/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">B-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,121,485
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,350
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Virginia
 Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017, 5.000%, 12/31/52 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,654,587
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Virginia
 Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,180
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.250%,
 1/01/32 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,454,501
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,355
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 1/01/37 (Alternative Minimum Tax) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,482,045
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">3,770
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">5.500%,
 1/01/42 (Alternative Minimum Tax) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">7/22
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">4,028,886
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">43,925
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Virginia </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">47,764,584
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Washington&#8201;&#8211;&#8201;2.9%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Port
 of Seattle, Washington, Revenue Bonds, Refunding Intermediate Lien Series 2016: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,930
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 2/01/29 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,249,859
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 2/01/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,158,500
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Spokane
 Public Facilities District, Washington, Hotel, Motel, and Sales Use Tax Revenue Bonds, Series 2017: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,175
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/38 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,319,314
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 12/01/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,571,750
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,780
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Washington
 Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research Center, Series 2011A, 5.625%, 1/01/35 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,979,886
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,400
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Washington
 Health Care Facilities Authority, Revenue Bonds, Kadlec Regional Medical Center, Series 2010, 5.375%, 12/01/33 (Pre-refunded 12/01/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">12/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,555,544
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">12,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Washington
 Health Care Facilities Authority, Revenue Bonds, Providence Health &amp; Services, Refunding Series 2012A, 5.000%, 10/01/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">10/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">13,139,040
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">1,310
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Washington
 Health Care Facilities Authority, Revenue Bonds, Virginia Mason Medical Center, Series 2017, 5.000%, 8/15/30 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/27
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">1,474,392
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Washington
 State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Series 2018: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,715
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/36 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,099,770
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,200
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.000%,
 7/01/48 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/28
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A1
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,998,192
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">Washington
 State, Motor Vehicle Fuel Tax General Obligation Bonds, Series 2002-03C: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">9,100
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">0.000%,
 6/01/29&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">6,891,885
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">16,195
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">0.000%,
 6/01/30&#8201;&#8211;&#8201; NPFG Insured </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">No
 Opt. Call </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">11,754,331
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">63,805
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Washington </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">61,192,463
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">West
 Virginia&#8201;&#8211;&#8201;0.5% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;
width:9.81%;">1,830
 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none; text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">West
 Virginia Hospital Finance Authority, Hospital Revenue Bonds, Cabell Huntington Hospital, Inc., Project, Refunding &amp; Improvement Series 2018A, 5.000%, 1/01/36 </TD>
<TD style="line-height:0pt;padding-bottom:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">1/29
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:6pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-bottom:6pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,040,249
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:36pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">21</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:9pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:53.15%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:12.59%;">Optional
 Call Provisions (2) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">West
 Virginia<FONT style="font-weight:Normal;"> (continued)</FONT> </TD>
<TD style="line-height:9pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;">3,000</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">West
 Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Refunding &amp; Improvement Series 2013A, 5.500%, 6/01/44 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/23
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:16.99pt;">3,267,630</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">3,570
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">West
 Virginia Parkways Authority, Turnpike Toll Revenue Bonds, Senior Lien Series 2018, 5.000%, 6/01/43 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">6/28
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">AA-
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">4,085,615
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">8,400
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 West Virginia </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.88pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,393,494
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Wisconsin&#8201;&#8211;&#8201;3.3%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Ascension Health Alliance Senior Credit Group, Series 2012D, 5.000%, 11/15/41 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,339,100
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,350
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Ascension Health Alliance Senior Credit Group, Series 2016A, 4.000%, 11/15/46 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/26
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,408,063
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">7,115
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Ascension Health, Senior Credit Group, Series 2010E, 5.000%, 11/15/33 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">11/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">AA+
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,261,996
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,375
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic, Series 2012B, 5.000%, 2/15/40 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">2/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A-
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,499,616
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">4,410
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Mercy Alliance, Inc., Series 2012, 5.000%, 6/01/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,674,027
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Meriter Hospital, Inc., Series 2011A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,500
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.750%,
 5/01/35 (Pre-refunded 5/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">3,805,515
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">5,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">6.000%,
 5/01/41 (Pre-refunded 5/01/21) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/21
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">5,463,800
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">6,600
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, Ministry Health Care, Inc., Refunding 2012C, 5.000%, 8/15/32 (Pre-refunded 8/15/22) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">8/22
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">7,324,086
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.61pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">10,000
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 Health and Educational Facilities Authority, Revenue Bonds, SSM Healthcare System, Series 2010A, 5.000%, 6/01/30 (Pre-refunded 6/01/20) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">6/20
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">AA-
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:16.99pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">10,423,600
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Wisconsin
 State, General Fund Annual Appropriation Revenue Bonds, Refunding Series 2009A: </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,310
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.750%,
 5/01/33 (Pre-refunded 5/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">Aa2
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,333,285
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">240
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:53.15%;">5.750%,
 5/01/33 (Pre-refunded 5/01/19) </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:10.46%;">N/R
 (4) </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">242,419
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">8,945
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">6.250%,
 5/01/37 (Pre-refunded 5/01/19) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">5/19
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:10.46%;">Aa2
 (4) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">9,045,900
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.61pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">65,845
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Wisconsin </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:22.99pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">68,821,407
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:53.15%;">Wyoming&#8201;&#8211;&#8201;0.2%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">2,035
 </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:7pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-indent:-7pt; text-transform:none;vertical-align:top;width:53.15%;">Campbell
 County, Wyoming Solid Waste Facilities Revenue Bonds, Basin Electric Power Cooperative - Dry Fork Station Facilities, Series 2009A, 5.750%, 7/15/39 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;width:12.59%;">7/19
 at 100.00 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">A3
 </TD>
<TD style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:12pt;line-height:12pt; padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,069,330
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">1,850
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:7pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-indent:-7pt;text-transform:none;vertical-align:top;width:53.15%;">West
 Park Hospital District, Wyoming, Hospital Revenue Bonds, Series 2011A, 7.000%, 6/01/40 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:12.59%;">6/21
 at 100.00 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">BBB
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:20.88pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">1,976,577
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:30.50pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:9.81%;">3,885
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Wyoming </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:26.88pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">4,045,907
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:12.99pt;"></FONT>2,224,202 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:53.15%;">Total
 Municipal Bonds (cost $1,979,837,145) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:2.13%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:13.27pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,118,860,212
 </TD></TR></TABLE> </DIV> <DIV style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;text-align:left;text-decoration:none;text-transform:none;">&nbsp;&nbsp;&nbsp;&nbsp;</DIV> </DIV>
<DIV style="width:100%;" type="Block"> </DIV> <DIV style="margin-top:107pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;margin-top:106pt;text-align:left;text-decoration:none;text-transform:none;">22</DIV> </DIV> </DIV>
<DIV style="clear:both;font-size:12pt;height:0pt;"> </DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:9.81%;">Principal
 Amount (000) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:10pt;text-align:right;vertical-align:bottom;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:48.56%;">Description
 (1) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4.5pt;padding-top:10pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:6.72%;">Coupon
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:12.59%;">Maturity
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:10.46%;">Ratings
 (3) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-top:10pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.57%;">Value
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:3.12pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:48.56%;">CORPORATE
 BONDS&#8201;&#8211;&#8201;0.0% </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:3.12pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:48.56%;">Transportation&#8201;&#8211;&#8201;0.0%
 </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:right;vertical-align:top;width:11.57%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;width:9.81%;">$
<FONT style="padding-left:32.44pt;">789</FONT> </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:48.56%;">Las
 Vegas Monorail Company, Senior Interest Bonds (8), (9) </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:4.5pt;padding-top:2pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:6.72%;">5.500%
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:12.59%;">7/15/19
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-top:2pt;text-align:right;text-decoration:none;text-transform:none;vertical-align:top; width:11.57%;">$<FONT
 style="padding-left:22.83pt;">519,110</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:36.33pt;padding-right:5pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:9.81%;">224
 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.56%;">Las
 Vegas Monorail Company, Senior Interest Bonds (8), (9) </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:6pt;padding-right:4.5pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:6.72%;">5.500%
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:4.5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:12.59%;">7/15/55
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:4.5pt;padding-right:6pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:10.46%;">N/R
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:9pt;font-size:9pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:12pt;line-height:12pt;padding-bottom:4pt;padding-left:26.72pt;padding-top:2pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:top;
white-space:nowrap;width:11.57%;">110,554
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:5pt;padding-top:2pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:top;width:9.81%;">$
<FONT style="padding-left:26.61pt;"></FONT>1,013 </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.56%;">Total
 Corporate Bonds (cost $43,275) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:4pt;padding-left:32.72pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">629,664
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-bottom:4pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.56%;">Total
 Long-Term Investments (cost $1,979,880,420) </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:10.37pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">2,119,489,876
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.56%;">Floating
 Rate Obligations&#8201;&#8211;&#8201;(2.3)% </TD>
<TD style="border-bottom:medium double #000000;line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:18.65pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">(48,880,000)
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:2pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:top;width:48.56%;">Other
 Assets Less Liabilities&#8201;&#8211;&#8201;0.4% </TD>
<TD style="border-bottom:medium double #000000;line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;line-height:0pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;line-height:0pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:medium double #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-left:24.86pt;padding-top:2pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:11.57%;">9,545,289
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:9pt;padding-bottom:4pt;padding-right:5pt;padding-top:2pt;text-align:right;vertical-align:top;width:9.81%;">&#160; </TD>
<TD style="line-height:0pt;padding-bottom:4pt;padding-top:2pt;text-align:left;vertical-align:top;width:0.19%;">&#160; </TD>
<TD style="border-bottom:2pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:2pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:48.56%;">Net
 Assets Applicable to Common Shares &#8201;&#8211;&#8201; 100% </TD>
<TD style="border-bottom:2pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:left;vertical-align:top;width:6.72%;">&#160; </TD>
<TD style="border-bottom:2pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:4.5pt;padding-top:2pt;text-align:right;vertical-align:top;width:12.59%;">&#160; </TD>
<TD style="border-bottom:2pt solid #000000;line-height:0pt;padding-bottom:4pt;padding-right:6pt;padding-top:2pt;text-align:right;vertical-align:top;width:10.46%;">&#160; </TD>
<TD style="border-bottom:2pt solid #000000;color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:bold;line-height:12pt;padding-bottom:4pt;padding-left:0pt;padding-top:2pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:top;width:11.57%;">$
<FONT style="padding-left:0.22pt;"></FONT>2,080,155,165 </TD></TR></TABLE> </DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;margin-top:12pt;text-align:left;text-decoration:none;text-transform:none;">Fair Value Measurements</DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;">Fair value is defined as the price that would be received upon
selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and
minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs
are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity&#8217;s own assumptions about the assumptions market participants would use in pricing the asset or liability.
Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.</DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:2pt;padding-left:3.33%;text-align:left;text-decoration:none;text-transform:none;">Level 1
&nbsp;&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.<BR> </DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:2pt;padding-left:67.146pt;text-align:left;text-decoration:none;text-indent:-47.0022pt; text-transform:none;">Level 2
&nbsp;&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).<BR> </DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:2pt;padding-left:67.146pt;text-align:left;text-decoration:none;text-indent:-47.0022pt; text-transform:none;">Level 3
&nbsp;&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prices are determined using significant unobservable inputs (including management&#8217;s assumptions in determining the fair value of investments).</DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;">The inputs or methodologies used for valuing securities are not
an indication of the risks associated with investing in those securities. The following is a summary of the Fund&#8217;s fair value measurements as of the end of the reporting period:</DIV> <DIV style="text-align:left;">
<TABLE style="border-bottom:2pt solid #000000;border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;line-height:8pt;padding-bottom:4pt;padding-right:6pt;padding-top:10pt;text-align:left;vertical-align:bottom;width:55.56%;">&#160; </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.11%;">Level
 1 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.11%;">Level
 2 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:11.11%;">Level
 3 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:10pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.11%;">Total
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:0pt;padding-right:6pt;padding-top:2.62pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:55.56%;">Long-Term
 Investments: </TD>
<TD style="line-height:0pt;padding-bottom:1.5pt;padding-right:6pt;padding-top:2.62pt;text-align:right;vertical-align:bottom;width:11.11%;">&#160; </TD>
<TD style="line-height:0pt;padding-bottom:1.5pt;padding-right:6pt;padding-top:2.62pt;text-align:right;vertical-align:bottom;width:11.11%;">&#160; </TD>
<TD style="line-height:0pt;padding-bottom:1.5pt;padding-right:6pt;padding-top:2.62pt;text-align:right;vertical-align:bottom;width:11.11%;">&#160; </TD>
<TD style="line-height:0pt;padding-bottom:1.5pt;padding-right:6pt;padding-top:2.62pt;text-align:right;vertical-align:bottom;width:11.11%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:55.56%;">Municipal
 Bonds </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;width:11.11%;">$&#8195;&#8212;
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;width:11.11%;">$2,118,860,212
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;width:11.11%;">$
<FONT style="padding-left:9.68pt;"></FONT>&#8195;&#8212; </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.5pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;width:11.11%;">$2,118,860,212
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:55.56%;">Corporate
 Bonds </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:11pt;line-height:11pt;padding-bottom:4pt;padding-left:9.34pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:11.11%;">&#8195;&#8212;
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:11pt;line-height:11pt;padding-bottom:4pt;padding-left:35.69pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:11.11%;">&#8195;&#8212;
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:11pt;line-height:11pt;padding-bottom:4pt;padding-left:9.34pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:11.11%;">629,664
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:8pt;font-size:8pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal; line-height:11pt;line-height:11pt;padding-bottom:4pt;padding-left:26.01pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:11.11%;">629,664
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:55.56%;">Total
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;width:11.11%;">$&#8195;&#8212;
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.11%;">$2,118,860,212
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.11%;">$629,664
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;white-space:nowrap;width:11.11%;">$2,119,489,876
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:213pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;text-align:right;text-decoration:none;text-transform:none;">23</DIV> </DIV> </DIV> <DIV style="clear:both;font-size:12pt;height:0pt;">
</DIV> <HR style="margin-bottom:0pt;">
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <DIV style="width:100%;"> <DIV style="width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#424242;font-family:Arial;font-size:13pt;font-style:Normal;font-weight:bold;line-height:16pt;padding-left:0pt;padding-right:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:8.89%;">NUV
 </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Nuveen Municipal Value Fund,
Inc. <FONT style="font-size:10pt;font-weight:Normal;line-height:13pt;">(continued)</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:14pt;font-style:Normal;font-weight:bold;line-height:17pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;width:91.11%; ">Portfolio of
Investments&#8195;<FONT style="font-size:11pt;line-height:14pt;">January 31, 2019</FONT> </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="line-height:0pt;padding-left:0pt;padding-right:2pt;text-align:left;vertical-align:top;width:8.89%;">&#160; </TD>
<TD style="color:#424242;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;padding-left:2pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top; white-space:nowrap;width:91.11%;">(Unaudited)
 </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:bold;line-height:11pt;margin-top:12pt;text-align:left;text-decoration:none;text-transform:none;">Income Tax Information</DIV>
<DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;">The following information is presented on an income tax basis.
Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions
and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the
Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the
Fund.</DIV> <DIV style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;">The table below presents the cost and unrealized
appreciation (depreciation) of the Fund's investment portfolio, as determined on a federal income tax basis, as of January 31, 2019.</DIV> <DIV style="text-align:left;">
<TABLE style="border-bottom:2pt solid #000000;border-collapse:collapse;border-top:0.5pt solid #000000;empty-cells:show;margin-top:6pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:0pt;padding-right:3pt;padding-top:4pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;width:88.89%;">Tax
 cost of investments </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:3pt;padding-right:6pt;padding-top:4pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.56%;">$1,925,010,837
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.25pt;padding-left:0pt;padding-right:3pt;padding-top:2.38pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:bottom;width:88.89%;">Gross
 unrealized: </TD>
<TD style="line-height:0pt;padding-bottom:1.25pt;padding-right:6pt;padding-top:2.38pt;text-align:right;vertical-align:bottom;width:10.56%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.25pt;padding-left:6pt;padding-right:3pt;padding-top:1.25pt;text-align:left; text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:88.89%;">Appreciation
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:1.25pt;padding-left:3pt;padding-right:6pt;padding-top:1.25pt;text-align:right; text-decoration:none;text-transform:none;vertical-align:bottom;width:10.56%;">$
<FONT style="padding-left:5.00pt;"></FONT>158,205,968 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:6pt;padding-right:3pt;padding-top:1.25pt; text-align:left;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:88.89%;">Depreciation
 </TD>
<TD style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:13.11pt;padding-right:6pt;padding-top:1.25pt; text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:10.56%;">(12,606,922)
 </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:0pt;padding-right:3pt;padding-top:2.38pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:bottom;width:88.89%;">Net
 unrealized appreciation (depreciation) of investments </TD>
<TD style="color:#000000;font-family:Arial;font-size:8pt;font-style:Normal;font-weight:Normal;line-height:11pt;padding-bottom:4pt;padding-left:3pt;padding-right:6pt;padding-top:2.38pt;text-align:right;text-decoration:none; text-transform:none;vertical-align:bottom;width:10.56%;">$
<FONT style="padding-left:5.00pt;"></FONT>145,599,046 </TD></TR></TABLE> </DIV> </DIV> <DIV style="margin-top:15pt;width:100%;" type="Block"> <DIV style="text-align:left;">
<TABLE style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(1)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:4pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">All
 percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted. </TD>
<TD style="line-height:0pt;padding-top:4pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(2)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Optional
 Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.
</TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(3)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">For
 financial reporting purposes, the ratings disclosed are the highest of Standard &amp; Poor&#8217;s Group (&#8220;Standard &amp; Poor&#8217;s&#8221;), Moody&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;) or Fitch, Inc.
(&#8220;Fitch&#8221;) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard &amp; Poor&#8217;s, Baa by Moody&#8217;s or BBB by Fitch are
considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(4)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Backed
 by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(5)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Step-up
 coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding. The rate shown is the coupon as of the end of the reporting period. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(6)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">As
 of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the payment of principal or interest,
(2) is under the protection of the Federal Bankruptcy Court or (3) the Fund&#8217;s Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has ceased accruing additional income on the Fund&#8217;s
records. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(7)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Investment,
 or portion of investment, has been pledged to collateralize the net payment obligations for investments in inverse floating rate transactions. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(8)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">During
 January 2010, Las Vegas Monorail Company (&#8220;Las Vegas Monorail&#8221;) filed for federal bankruptcy protection. During March 2012, Las Vegas Monorail emerged from federal bankruptcy with the acceptance of a reorganization plan assigned by the
Federal Bankruptcy Court. Under the reorganization plan, the Fund surrendered its Las Vegas Monorail Project Revenue Bonds, First Tier, Series 2000 and in turn received two senior interest corporate bonds: the first with an annual coupon rate of
5.500% maturing on July 15, 2019 and the second with an annual coupon rate of 3.000% (5.500% after December 31, 2015) maturing on July 15, 2055. The Fund was not accruing income for either senior interest corporate bond. On January 18, 2017, the
Fund's Adviser determined it was likely that this senior interest corporate bond would fulfill its obligation on the security maturing on July 15, 2019, and therefore began accruing income on the Fund's records. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">(9)
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Investment
 valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">144A
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Investment
 is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">ETM
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Escrowed
 to maturity. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">PIK
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Payment-in-kind
 (&#8220;PIK&#8221;) security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where applicable, represents the annualized rate of the last PIK payment
made by the issuer as of the end of the reporting period. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;white-space:nowrap;width:4.51%;">UB
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none;text-transform:none; vertical-align:top;width:94.38%;">Underlying
 bond of an inverse floating rate trust reflected as a financing transaction. </TD>
<TD style="line-height:0pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR>
<TR style="page-break-inside:avoid;">
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:3pt;padding-left:0pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;white-space:nowrap;width:4.51%;">WI/DD
 </TD>
<TD style="color:#000000;font-family:Arial;font-size:9pt;font-style:Normal;font-weight:Normal;line-height:12pt;padding-bottom:3pt;padding-left:6pt;padding-right:6pt;padding-top:1.5pt;text-align:left;text-decoration:none; text-transform:none;vertical-align:top;width:94.38%;">Investment,
 or portion of investment, purchased on a when-issued or delayed delivery basis. </TD>
<TD style="line-height:0pt;padding-bottom:3pt;padding-top:1.5pt;text-align:left;vertical-align:top;width:0%;">&#160; </TD></TR></TABLE> </DIV> </DIV> <DIV style="width:100%;" type="Block"> </DIV>
<DIV style="margin-top:26pt;width:100%;" type="Block">
<DIV style="color:#000000;font-family:Arial;font-size:7pt;font-style:italic;font-weight:Normal;line-height:10pt;margin-top:36pt;text-align:left;text-decoration:none;text-transform:none;">24</DIV> </DIV> </DIV>
<DIV style="clear:both;font-size:12pt;height:0pt;"> </DIV>
<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;2. Controls and Procedures. </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The registrant&#146;s principal executive and principal financial officers, or persons performing similar
functions, have concluded that the registrant&#146;s disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940, as amended (the &#147;1940 Act&#148;) (17 CFR <FONT
STYLE="white-space:nowrap">270.30a-3(c)))</FONT> are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required
by Rule <FONT STYLE="white-space:nowrap">30a-3(b)</FONT> under the 1940 Act (17 CFR <FONT STYLE="white-space:nowrap">270.30a-3(b))</FONT> and Rule <FONT STYLE="white-space:nowrap">13a-15(b)</FONT> or <FONT STYLE="white-space:nowrap">15d-15(b)</FONT>
under the Securities Exchange Act of 1934 (17 CFR <FONT STYLE="white-space:nowrap">240.13a-15(b)</FONT> or <FONT STYLE="white-space:nowrap">240.15d-15(b)).</FONT> </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">There were no changes in the registrant&#146;s internal control over financial reporting (as defined in Rule <FONT
STYLE="white-space:nowrap">30a-3(d)</FONT> under the 1940 Act (17 CFR <FONT STYLE="white-space:nowrap">270.30a-3(d))</FONT> that occurred during the registrant&#146;s last fiscal quarter that have materially affected, or are reasonably likely to
materially affect, the registrant&#146;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&nbsp;3. Exhibits. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as
required by Rule <FONT STYLE="white-space:nowrap">30a-2(a)</FONT> under the 1940 Act (17 CFR <FONT STYLE="white-space:nowrap">270.30a-2(a)),</FONT> exactly as set forth below: See <FONT STYLE="white-space:nowrap">EX-99</FONT> CERT attached hereto.
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized. </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">(Registrant)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Nuveen Municipal Value Fund, Inc.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By&nbsp;(Signature&nbsp;and&nbsp;Title)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><U>/s/
Gifford&nbsp;R.&nbsp;Zimmerman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Gifford R. Zimmerman</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Vice President and Secretary</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date:&nbsp;April&nbsp;1,&nbsp;2019 </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following
persons on behalf of the registrant and in the capacities and on the dates indicated. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="48%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="27%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By (Signature and Title)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><U>/s/
Cedric&nbsp;H.&nbsp;Antosiewicz&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Cedric H. Antosiewicz</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Chief Administrative Officer (principal&nbsp;executive officer)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date:&nbsp;April&nbsp;1,&nbsp;2019</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By (Signature and Title)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><U>/s/ Stephen D.
Foy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Stephen D. Foy</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Vice President and Controller (principal financial officer)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date:&nbsp;April&nbsp;1,&nbsp;2019</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>d654629dex99cert.htm
<DESCRIPTION>CERTIFICATIONS
<TEXT>
<HTML><HEAD>
<TITLE>Certifications</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>CERTIFICATIONS </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I, Cedric H. Antosiewicz, certify that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">I have reviewed this report on Form <FONT STYLE="white-space:nowrap">N-Q</FONT> of Nuveen Municipal Value Fund,
Inc.; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, the schedules of investments included in this report fairly present in all material
respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The registrant&#146;s other certifying officer and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
<FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the Investment Company Act of 1940) for the registrant and have: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">c.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">d.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that
occurred during the registrant&#146;s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The registrant&#146;s other certifying officer and I have disclosed to the registrant&#146;s auditors and the
audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions): </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant&#146;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: April&nbsp;1,&nbsp;2019 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="27%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="25%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Cedric H. Antosiewicz&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>Cedric H. Antosiewicz</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>Chief Administrative Officer</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>(principal executive officer)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>CERTIFICATIONS </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">I, Stephen D. Foy, certify that: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">I have reviewed this report on Form <FONT STYLE="white-space:nowrap">N-Q</FONT> of Nuveen Municipal Value Fund,
Inc.; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Based on my knowledge, the schedules of investments included in this report fairly present in all material
respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The registrant&#146;s other certifying officer and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">30a-3(c)</FONT> under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
<FONT STYLE="white-space:nowrap">30a-3(d)</FONT> under the Investment Company Act of 1940) for the registrant and have: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be
designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being prepared; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">c.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">d.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that
occurred during the registrant&#146;s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The registrant&#146;s other certifying officer and I have disclosed to the registrant&#146;s auditors and the
audit committee of the registrant&#146;s board of directors (or persons performing the equivalent functions): </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Any fraud, whether or not material, that involves management or other employees who have a significant role in
the registrant&#146;s internal control over financial reporting. </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: April&nbsp;1,&nbsp;2019 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="27%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="25%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Stephen D. Foy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>Stephen D. Foy</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>Vice President and Controller</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>(principal financial officer)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:3.00pt solid #000000">&nbsp;</P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
