<SEC-DOCUMENT>0001775697-20-001122.txt : 20200821
<SEC-HEADER>0001775697-20-001122.hdr.sgml : 20200821
<ACCEPTANCE-DATETIME>20200821105459
ACCESSION NUMBER:		0001775697-20-001122
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200630
FILED AS OF DATE:		20200821
PERIOD START:           	20200930

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BNY MELLON STRATEGIC MUNICIPALS, INC.
		CENTRAL INDEX KEY:			0000818972
		IRS NUMBER:				133426554
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05245
		FILM NUMBER:		201122035

	BUSINESS ADDRESS:	
		STREET 1:		C/O BNY MELLON INVESTMENT ADVISER, INC.
		STREET 2:		240 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10286
		BUSINESS PHONE:		2129226400

	MAIL ADDRESS:	
		STREET 1:		C/O BNY MELLON INVESTMENT ADVISER, INC.
		STREET 2:		240 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10286

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DREYFUS STRATEGIC MUNICIPALS, INC.
		DATE OF NAME CHANGE:	20181030

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DREYFUS STRATEGIC MUNICIPALS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
	<headerData>
		<submissionType>NPORT-P</submissionType>
		<isConfidential>false</isConfidential>
		<filerInfo>

			<filer>
				<issuerCredentials>
					<cik>0000818972</cik>
					<ccc>XXXXXXXX</ccc>
				</issuerCredentials>
			</filer>



		</filerInfo>
	</headerData>
	<formData>
		<genInfo>
			<regName>BNY Mellon Strategic Municipals, Inc.</regName>
			<regFileNumber>811-05245</regFileNumber>
			<regCik>0000818972</regCik>
			<regLei>549300FH0LKMOBY7N332</regLei>
			<regStreet1>240 Greenwich Street</regStreet1>
			<regCity>New York</regCity>
			<regStateConditional regCountry="US" regState="US-NY"/>
			<regZipOrPostalCode>10286</regZipOrPostalCode>
			<regPhone>212 495 1784</regPhone>
			<seriesName>BNY Mellon Strategic Municipals, Inc.</seriesName>
			<seriesLei>549300FH0LKMOBY7N332</seriesLei>
			<repPdEnd>2020-09-30</repPdEnd>
			<repPdDate>2020-06-30</repPdDate>
			<isFinalFiling>N</isFinalFiling>
		</genInfo>
		<fundInfo>
			<totAssets>597650251.32</totAssets>
			<totLiabs>5685407.8</totLiabs>
			<netAssets>591964843.52</netAssets>
			<assetsAttrMiscSec>0.00</assetsAttrMiscSec>
			<assetsInvested>0.00</assetsInvested>
			<amtPayOneYrBanksBorr>0.00</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0.00</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0.00</amtPayOneYrOthAffil>
			<amtPayOneYrOther>0.00</amtPayOneYrOther>
			<amtPayAftOneYrBanksBorr>0.00</amtPayAftOneYrBanksBorr>
			<amtPayAftOneYrCtrldComp>0.00</amtPayAftOneYrCtrldComp>
			<amtPayAftOneYrOthAffil>0.00</amtPayAftOneYrOthAffil>
			<amtPayAftOneYrOther>0.00</amtPayAftOneYrOther>
			<delayDeliv>0.00</delayDeliv>
			<standByCommit>0.00</standByCommit>
			<liquidPref>78900000.00</liquidPref>
			<cshNotRptdInCorD>2381406.99</cshNotRptdInCorD>
			<curMetrics>
				<curMetric>
					<curCd>USD</curCd>
					<intrstRtRiskdv01 period10Yr="-162187.690972" period1Yr="-20214.3478" period30Yr="-86949.942714" period3Mon="-1181.789837" period5Yr="-85238.640549"/>
					<intrstRtRiskdv100 period10Yr="-16394179.992378" period1Yr="-1977828.975974" period30Yr="-8475493.884773" period3Mon="-119344.657945" period5Yr="-8593707.560669"/>
				</curMetric>
			</curMetrics>
			<creditSprdRiskInvstGrade period10Yr="-126236.62153032" period1Yr="-14369.58871141" period30Yr="-64031.03493147" period3Mon="-950.14737547" period5Yr="-65964.97769072"/>
			<creditSprdRiskNonInvstGrade period10Yr="-62228.10602087" period1Yr="-10242.40740954" period30Yr="-24387.92564507" period3Mon="-536.83878125" period5Yr="-38673.31461571"/>
			<isNonCashCollateral>N</isNonCashCollateral>
			<returnInfo>
				<monthlyTotReturns>
					<monthlyTotReturn rtn1="-3.02" rtn2="5.63" rtn3="3.11"/>
				</monthlyTotReturns>
				<monthlyReturnCats>
					<commodityContracts>
						<mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<forwardCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</forwardCategory>
						<futureCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</futureCategory>
						<optionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</optionCategory>
						<swaptionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swaptionCategory>
						<swapCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swapCategory>
						<warrantCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</warrantCategory>
						<otherCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</otherCategory>
					</commodityContracts>
					<creditContracts>
						<mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<forwardCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</forwardCategory>
						<futureCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</futureCategory>
						<optionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</optionCategory>
						<swaptionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swaptionCategory>
						<swapCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swapCategory>
						<warrantCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</warrantCategory>
						<otherCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</otherCategory>
					</creditContracts>
					<equityContracts>
						<mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<forwardCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</forwardCategory>
						<futureCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</futureCategory>
						<optionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</optionCategory>
						<swaptionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swaptionCategory>
						<swapCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swapCategory>
						<warrantCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</warrantCategory>
						<otherCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</otherCategory>
					</equityContracts>
					<foreignExchgContracts>
						<mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<forwardCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</forwardCategory>
						<futureCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</futureCategory>
						<optionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</optionCategory>
						<swaptionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swaptionCategory>
						<swapCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swapCategory>
						<warrantCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</warrantCategory>
						<otherCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</otherCategory>
					</foreignExchgContracts>
					<interestRtContracts>
						<mon1 netRealizedGain="-886027.76" netUnrealizedAppr="681119.28"/>
						<mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<forwardCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</forwardCategory>
						<futureCategory>
							<instrMon1 netRealizedGain="-886027.76" netUnrealizedAppr="681119.28"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</futureCategory>
						<optionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</optionCategory>
						<swaptionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swaptionCategory>
						<swapCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swapCategory>
						<warrantCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</warrantCategory>
						<otherCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</otherCategory>
					</interestRtContracts>
					<otherContracts>
						<mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						<forwardCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</forwardCategory>
						<futureCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</futureCategory>
						<optionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</optionCategory>
						<swaptionCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swaptionCategory>
						<swapCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</swapCategory>
						<warrantCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</warrantCategory>
						<otherCategory>
							<instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
							<instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
						</otherCategory>
					</otherContracts>
				</monthlyReturnCats>
				<othMon1 netRealizedGain="-7372964.99" netUnrealizedAppr="-14788519.34"/>
				<othMon2 netRealizedGain="-1265327.83" netUnrealizedAppr="22971521.07"/>
				<othMon3 netRealizedGain="-109.47" netUnrealizedAppr="17813376.21"/>
			</returnInfo>
			<mon1Flow redemption="0.00" reinvestment="0.00" sales="0.00"/>
			<mon2Flow redemption="0.00" reinvestment="0.00" sales="0.00"/>
			<mon3Flow redemption="0.00" reinvestment="0.00" sales="0.00"/>
		</fundInfo>
		<invstOrSecs>
			<invstOrSec>
				<name>INDIANA ST FIN AUTH ENVRNMNTL</name>
				<lei>549300PS0PAS7NDSSI20</lei>
				<title>INDIANA FINANCE AUTHORITY</title>
				<cusip>45470CAB5</cusip>
				<identifiers>
					<isin value="US45470CAB54"/>
					<ticker value="INDGEN"/>
				</identifiers>
				<balance>1585000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1642139.25</valUSD>
				<pctVal>0.2774048607743</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>FLORIDA DEVELOPMENT FINANCE CORP</name>
				<lei>549300HC854CNBLMWC48</lei>
				<title>FLORIDA DEVELOPMENT FINANCE CORP</title>
				<cusip>34061UBL1</cusip>
				<identifiers>
					<isin value="US34061UBL17"/>
					<ticker value="FLSDEV"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4449400.00</valUSD>
				<pctVal>0.7516324742433</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</name>
				<lei>254900I3VDCQ58UGBR15</lei>
				<title>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</title>
				<cusip>592250AL8</cusip>
				<identifiers>
					<isin value="US592250AL81"/>
					<ticker value="MPNFAC"/>
				</identifiers>
				<balance>1650000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1669536.00</valUSD>
				<pctVal>0.2820329650106</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2052-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICHIGAN ST TOBACCO SETTLEMENT</name>
				<lei>N/A</lei>
				<title>MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY</title>
				<cusip>594751AK5</cusip>
				<identifiers>
					<isin value="US594751AK58"/>
					<ticker value="MISGEN"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5026950.00</valUSD>
				<pctVal>0.8491973898497</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2042-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.875</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK LIBERTY DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>NEW YORK LIBERTY DEVELOPMENT CORP</title>
				<cusip>649519DA0</cusip>
				<identifiers>
					<isin value="US649519DA03"/>
					<ticker value="NYCDEV"/>
				</identifiers>
				<balance>7000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>7266350.00</valUSD>
				<pctVal>1.22749688255</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>RAILSPLITTER TOBACCO SETTLEMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>RAILSPLITTER TOBACCO SETTLEMENT AUTHORITY</title>
				<cusip>75076PAT2</cusip>
				<identifiers>
					<isin value="US75076PAT21"/>
					<ticker value="RAIGEN"/>
				</identifiers>
				<balance>5050000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5312499.00</valUSD>
				<pctVal>0.8974348828572</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2028-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CONNECTICUT STATE HEALTH &amp; EDUCATIONAL FACILITIES AUTHORITY</name>
				<lei>549300ZOQJ5U8YBS5Q35</lei>
				<title>CONNECTICUT STATE HEALTH &amp; EDUCATIONAL FACILITIES AUTHORITY</title>
				<cusip>20774YYL5</cusip>
				<identifiers>
					<isin value="US20774YYL54"/>
					<ticker value="CTSMED"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2896000.00</valUSD>
				<pctVal>0.4892182418772</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICHIGAN ST FIN AUTH REVENUE</name>
				<lei>54930022O46HOX5J1D14</lei>
				<title>MICHIGAN FINANCE AUTHORITY</title>
				<cusip>59447THF3</cusip>
				<identifiers>
					<isin value="US59447THF30"/>
					<ticker value="MISFIN"/>
				</identifiers>
				<balance>5165000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5829580.55</valUSD>
				<pctVal>0.9847849266411</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TEXAS ST PRIV ACTIVITY BOND SU</name>
				<lei>N/A</lei>
				<title>TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION CORP</title>
				<cusip>882667AL2</cusip>
				<identifiers>
					<isin value="US882667AL26"/>
					<ticker value="TXSTRN"/>
				</identifiers>
				<balance>1300000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1354652.00</valUSD>
				<pctVal>0.2288399412277</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-12-31</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>COMMONWEALTH OF PUERTO RICO</name>
				<lei>549300X44HXPLJU48U63</lei>
				<title>COMMONWEALTH OF PUERTO RICO</title>
				<cusip>74514LD20</cusip>
				<identifiers>
					<isin value="US74514LD200"/>
					<ticker value="PRC"/>
				</identifiers>
				<balance>3500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3542945.00</valUSD>
				<pctVal>0.598505982033</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>PR</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MAINE HEALTH &amp; HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>MAINE HEALTH &amp; HIGHER EDUCATIONAL FACILITIES AUTHORITY</title>
				<cusip>560427MN3</cusip>
				<identifiers>
					<isin value="US560427MN31"/>
					<ticker value="MESMED"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3120960.00</valUSD>
				<pctVal>0.5272204986772</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2032-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>POWER COUNTY INDUSTRIAL DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>POWER COUNTY INDUSTRIAL DEVELOPMENT CORP</title>
				<cusip>739247AA2</cusip>
				<identifiers>
					<isin value="US739247AA20"/>
					<ticker value="POWPOL"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5024250.00</valUSD>
				<pctVal>0.8487412816822</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2032-08-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.45</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY</name>
				<lei>N/A</lei>
				<title>DAKOTA COUNTY COMMUNITY DEVELOPMENT AGENCY</title>
				<cusip>23410BAA9</cusip>
				<identifiers>
					<isin value="US23410BAA98"/>
					<ticker value="DAKSFM"/>
				</identifiers>
				<balance>9580.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>9588.05</valUSD>
				<pctVal>0.0016196992279</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.3</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>NEW YORK TRANSPORTATION DEVELOPMENT CORP</title>
				<cusip>650116AV8</cusip>
				<identifiers>
					<isin value="US650116AV89"/>
					<ticker value="NYTTRN"/>
				</identifiers>
				<balance>3500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3796800.00</valUSD>
				<pctVal>0.64138944087</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>GUAM HOUSING CORP</name>
				<lei>N/A</lei>
				<title>GUAM HOUSING CORP</title>
				<cusip>40064MBC3</cusip>
				<identifiers>
					<isin value="US40064MBC38"/>
					<ticker value="GMSSFH"/>
				</identifiers>
				<balance>965000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>999865.45</valUSD>
				<pctVal>0.1689062215341</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>GU</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-09-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.75</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ESSEX COUNTY IMPROVEMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ESSEX COUNTY IMPROVEMENT AUTHORITY</title>
				<cusip>29681TAA9</cusip>
				<identifiers>
					<isin value="US29681TAA97"/>
					<ticker value="ESSPOL"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1002770.00</valUSD>
				<pctVal>0.1693968841185</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PHOENIX AZ INDL DEV AUTH HLTHC</name>
				<lei>549300A62PWFBDWB8332</lei>
				<title>INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX/THE</title>
				<cusip>71885FEA1</cusip>
				<identifiers>
					<isin value="US71885FEA12"/>
					<ticker value="PHOEDU"/>
				</identifiers>
				<balance>2360000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2484490.00</valUSD>
				<pctVal>0.4197022892823</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY</name>
				<lei>N/A</lei>
				<title>CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY</title>
				<cusip>155498DV7</cusip>
				<identifiers>
					<isin value="US155498DV76"/>
					<ticker value="CTXGEN"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1641435.00</valUSD>
				<pctVal>0.2772858925607</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>IOWA FINANCE AUTHORITY</name>
				<lei>549300NQVL49BTHOW391</lei>
				<title>IOWA FINANCE AUTHORITY</title>
				<cusip>46246SAL9</cusip>
				<identifiers>
					<isin value="US46246SAL97"/>
					<ticker value="IASGEN"/>
				</identifiers>
				<balance>7375000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>7702081.25</valUSD>
				<pctVal>1.3011045054975</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2025-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PHOENIX AZ INDL DEV AUTH HLTHC</name>
				<lei>549300A62PWFBDWB8332</lei>
				<title>INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX/THE</title>
				<cusip>71885FEB9</cusip>
				<identifiers>
					<isin value="US71885FEB94"/>
					<ticker value="PHOEDU"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2071440.00</valUSD>
				<pctVal>0.3499261861029</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CANAL WINCHESTER LOCAL SCHOOL DISTRICT</name>
				<lei>N/A</lei>
				<title>CANAL WINCHESTER LOCAL SCHOOL DISTRICT</title>
				<cusip>137087JZ6</cusip>
				<identifiers>
					<isin value="US137087JZ63"/>
					<ticker value="CWNSCD"/>
				</identifiers>
				<balance>3955000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3163050.8</valUSD>
				<pctVal>0.5343308533647</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CANAL WINCHESTER LOCAL SCHOOL DISTRICT</name>
				<lei>N/A</lei>
				<title>CANAL WINCHESTER LOCAL SCHOOL DISTRICT</title>
				<cusip>137087JX1</cusip>
				<identifiers>
					<isin value="US137087JX16"/>
					<ticker value="CWNSCD"/>
				</identifiers>
				<balance>3955000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3357557.7</valUSD>
				<pctVal>0.5671886999293</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2029-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CLIFTON HIGHER EDUCATION FINANCE CORP</name>
				<lei>N/A</lei>
				<title>CLIFTON HIGHER EDUCATION FINANCE CORP</title>
				<cusip>187145AT4</cusip>
				<identifiers>
					<isin value="US187145AT40"/>
					<ticker value="CLIEDU"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2557300.00</valUSD>
				<pctVal>0.4320020061991</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2030-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICHIGAN ST TOBACCO SETTLEMENT</name>
				<lei>N/A</lei>
				<title>MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY</title>
				<cusip>594751AG4</cusip>
				<identifiers>
					<isin value="US594751AG47"/>
					<ticker value="MISGEN"/>
				</identifiers>
				<balance>4000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4000760.00</valUSD>
				<pctVal>0.6758441897005</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>COUNTY OF MIAMI-DADE FL</name>
				<lei>549300QG0NBD9HULR263</lei>
				<title>COUNTY OF MIAMI-DADE FL</title>
				<cusip>59333NNQ2</cusip>
				<identifiers>
					<isin value="US59333NNQ24"/>
					<ticker value="MIAGEN"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1261110.00</valUSD>
				<pctVal>0.2130379893003</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF CHICAGO IL</name>
				<lei>T5UYO5SYLC8K73MJQX30</lei>
				<title>CITY OF CHICAGO IL</title>
				<cusip>167486ZY8</cusip>
				<identifiers>
					<isin value="US167486ZY84"/>
					<ticker value="CHI"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3391650.00</valUSD>
				<pctVal>0.5729478764029</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PORT AUTHORITY OF NEW YORK &amp; NEW JERSEY</name>
				<lei>54930006MR4KZ4W74Z83</lei>
				<title>PORT AUTHORITY OF NEW YORK &amp; NEW JERSEY</title>
				<cusip>73358EEG5</cusip>
				<identifiers>
					<isin value="US73358EEG52"/>
					<ticker value="PORTRN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2015980.00</valUSD>
				<pctVal>0.3405573864847</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MID-BAY BRIDGE AUTHORITY</name>
				<lei>N/A</lei>
				<title>MID-BAY BRIDGE AUTHORITY</title>
				<cusip>59524KAB4</cusip>
				<identifiers>
					<isin value="US59524KAB44"/>
					<ticker value="MBYTRN"/>
				</identifiers>
				<balance>6000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6510780.00</valUSD>
				<pctVal>1.0998592351</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2034-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF FARMINGTON NM</name>
				<lei>N/A</lei>
				<title>CITY OF FARMINGTON NM</title>
				<cusip>311450FA3</cusip>
				<identifiers>
					<isin value="US311450FA33"/>
					<ticker value="FARPOL"/>
				</identifiers>
				<balance>7000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>7008540.00</valUSD>
				<pctVal>1.1839453097121</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.9</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>GUAM GOVERNMENT WATERWORKS AUTHORITY</name>
				<lei>N/A</lei>
				<title>GUAM GOVERNMENT WATERWORKS AUTHORITY</title>
				<cusip>40065FAT1</cusip>
				<identifiers>
					<isin value="US40065FAT12"/>
					<ticker value="GMSUTL"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2000000.00</valUSD>
				<pctVal>0.3378579018489</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>GU</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.625</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF SAN BUENAVENTURA CA</name>
				<lei>N/A</lei>
				<title>CITY OF SAN BUENAVENTURA CA</title>
				<cusip>797049AJ2</cusip>
				<identifiers>
					<isin value="US797049AJ29"/>
					<ticker value="SBT"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2117180.00</valUSD>
				<pctVal>0.3576529963182</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2041-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ST JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ST JOHNS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>790417AN9</cusip>
				<identifiers>
					<isin value="US790417AN97"/>
					<ticker value="STJDEV"/>
				</identifiers>
				<balance>6500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6529510.00</valUSD>
				<pctVal>1.1030232743508</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-08-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK CITY EDUCATIONAL CONSTRUCTION FUND</name>
				<lei>N/A</lei>
				<title>NEW YORK CITY EDUCATIONAL CONSTRUCTION FUND</title>
				<cusip>649670LC8</cusip>
				<identifiers>
					<isin value="US649670LC89"/>
					<ticker value="NYCEDU"/>
				</identifiers>
				<balance>4490000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4693397.00</valUSD>
				<pctVal>0.792850631482</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2027-04-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MISSISSIPPI DEVELOPMENT BANK</name>
				<lei>549300122LOI8CB50V38</lei>
				<title>MISSISSIPPI DEVELOPMENT BANK</title>
				<cusip>60534RV71</cusip>
				<identifiers>
					<isin value="US60534RV716"/>
					<ticker value="MSSDEV"/>
				</identifiers>
				<balance>5500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5513255.00</valUSD>
				<pctVal>0.931348383329</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CALIFORNIA ST STWD CMNTYS DEV</name>
				<lei>549300KTNI2GCJNX2U48</lei>
				<title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</title>
				<cusip>130795V61</cusip>
				<identifiers>
					<isin value="US130795V613"/>
					<ticker value="CASDEV"/>
				</identifiers>
				<balance>2090000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2110900.00</valUSD>
				<pctVal>0.3565921225064</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK CITY NY INDL DEV AGY</name>
				<lei>549300XR20ZR5DHL9534</lei>
				<title>NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY</title>
				<cusip>64971PJA4</cusip>
				<identifiers>
					<isin value="US64971PJA49"/>
					<ticker value="NYCDEV"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5025550.00</valUSD>
				<pctVal>0.8489608893184</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-03-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>COUNTY OF MUSKINGUM OH</name>
				<lei>N/A</lei>
				<title>COUNTY OF MUSKINGUM OH</title>
				<cusip>628077CT4</cusip>
				<identifiers>
					<isin value="US628077CT43"/>
					<ticker value="MUSMED"/>
				</identifiers>
				<balance>4590000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4840063.2</valUSD>
				<pctVal>0.8176267987841</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2022-02-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INDIANA ST FIN AUTH ENVRNMNTL</name>
				<lei>549300PS0PAS7NDSSI20</lei>
				<title>INDIANA FINANCE AUTHORITY</title>
				<cusip>4550576Y0</cusip>
				<identifiers>
					<isin value="US4550576Y02"/>
					<ticker value="INSFIN"/>
				</identifiers>
				<balance>1400000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1412810.00</valUSD>
				<pctVal>0.2386645111555</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-03-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>UNIVERSITY OF ILLINOIS</name>
				<lei>549300VD8PPC4Q5HK850</lei>
				<title>UNIVERSITY OF ILLINOIS</title>
				<cusip>914353H26</cusip>
				<identifiers>
					<isin value="US914353H265"/>
					<ticker value="UNVHGR"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1096920.00</valUSD>
				<pctVal>0.185301544848</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-04-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</name>
				<lei>254900I3VDCQ58UGBR15</lei>
				<title>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</title>
				<cusip>592250AN4</cusip>
				<identifiers>
					<isin value="US592250AN48"/>
					<ticker value="MPNFAC"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3080280.00</valUSD>
				<pctVal>0.5203484689536</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2028-12-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 10</name>
				<lei>N/A</lei>
				<title>VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 10</title>
				<cusip>92707CAF3</cusip>
				<identifiers>
					<isin value="US92707CAF32"/>
					<ticker value="VILDEV"/>
				</identifiers>
				<balance>900000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>989505.00</valUSD>
				<pctVal>0.1671560415845</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-05-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SAN FRANCISCO CITY &amp; COUNTY REDEVELOPMENT AGENCY SUCCESSOR AGENCY</name>
				<lei>5493001TPOZL3UK8DX25</lei>
				<title>SAN FRANCISCO CITY &amp; COUNTY REDEVELOPMENT AGENCY SUCCESSOR AGENCY</title>
				<cusip>79772AAL1</cusip>
				<identifiers>
					<isin value="US79772AAL17"/>
					<ticker value="SFRDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1078900.00</valUSD>
				<pctVal>0.1822574451524</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2023-08-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF DETROIT MI WATER SUPPLY SYSTEM REVENUE</name>
				<lei>N/A</lei>
				<title>CITY OF DETROIT MI WATER SUPPLY SYSTEM REVENUE</title>
				<cusip>251256BQ5</cusip>
				<identifiers>
					<isin value="US251256BQ58"/>
					<ticker value="DETWTR"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3142140.00</valUSD>
				<pctVal>0.5307984138578</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>JEFFERSON CNTY AL SWR REVENUE</name>
				<lei>N/A</lei>
				<title>COUNTY OF JEFFERSON AL SEWER REVENUE</title>
				<cusip>472682RY1</cusip>
				<identifiers>
					<isin value="US472682RY15"/>
					<ticker value="JEFUTL"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2422725.00</valUSD>
				<pctVal>0.4092683926284</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-10-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CLIFTON HIGHER EDUCATION FINANCE CORP</name>
				<lei>N/A</lei>
				<title>CLIFTON HIGHER EDUCATION FINANCE CORP</title>
				<cusip>187145CD7</cusip>
				<identifiers>
					<isin value="US187145CD79"/>
					<ticker value="CLIEDU"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2552625.00</valUSD>
				<pctVal>0.4312122633535</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HARRIS COUNTY-HOUSTON SPORTS AUTHORITY</name>
				<lei>N/A</lei>
				<title>HARRIS COUNTY-HOUSTON SPORTS AUTHORITY</title>
				<cusip>413890EV2</cusip>
				<identifiers>
					<isin value="US413890EV23"/>
					<ticker value="HARGEN"/>
				</identifiers>
				<balance>6500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1755650.00</valUSD>
				<pctVal>0.2965801126905</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NORTH CAROLINA MEDICAL CARE COMMISSION</name>
				<lei>549300FH6KOXGCHQYG81</lei>
				<title>NORTH CAROLINA MEDICAL CARE COMMISSION</title>
				<cusip>65821DTH4</cusip>
				<identifiers>
					<isin value="US65821DTH43"/>
					<ticker value="NCSMED"/>
				</identifiers>
				<balance>1005000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>946569.3</valUSD>
				<pctVal>0.1599029588263</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HAWAII ST DEPT OF BUDGET &amp; FIN</name>
				<lei>N/A</lei>
				<title>STATE OF HAWAII DEPARTMENT OF BUDGET &amp; FINANCE</title>
				<cusip>419800LV7</cusip>
				<identifiers>
					<isin value="US419800LV79"/>
					<ticker value="HISGEN"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1619325.00</valUSD>
				<pctVal>0.2735508734557</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2037-03-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHESTERFIELD COUNTY ECONOMIC DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>CHESTERFIELD COUNTY ECONOMIC DEVELOPMENT AUTHORITY</title>
				<cusip>16639UAQ1</cusip>
				<identifiers>
					<isin value="US16639UAQ13"/>
					<ticker value="CHGDEV"/>
				</identifiers>
				<balance>2100000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2102247.00</valUSD>
				<pctVal>0.3551303802941</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.125</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICHIGAN ST FIN AUTH REVENUE</name>
				<lei>54930022O46HOX5J1D14</lei>
				<title>MICHIGAN FINANCE AUTHORITY</title>
				<cusip>59447PZN4</cusip>
				<identifiers>
					<isin value="US59447PZN40"/>
					<ticker value="MISFIN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2284200.00</valUSD>
				<pctVal>0.3858675097016</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CLIFTON HIGHER EDUCATION FINANCE CORP</name>
				<lei>N/A</lei>
				<title>CLIFTON HIGHER EDUCATION FINANCE CORP</title>
				<cusip>187145DL8</cusip>
				<identifiers>
					<isin value="US187145DL86"/>
					<ticker value="CLIEDU"/>
				</identifiers>
				<balance>4500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4900185.00</valUSD>
				<pctVal>0.8277831113858</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-08-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.75</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICHIGAN ST FIN AUTH REVENUE</name>
				<lei>54930022O46HOX5J1D14</lei>
				<title>MICHIGAN FINANCE AUTHORITY</title>
				<cusip>59447PH20</cusip>
				<identifiers>
					<isin value="US59447PH204"/>
					<ticker value="MISFIN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2272500.00</valUSD>
				<pctVal>0.3838910409758</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>LOWER ALABAMA GAS DISTRICT/THE</name>
				<lei>549300YTI1NTDG2OVU42</lei>
				<title>LOWER ALABAMA GAS DISTRICT/THE</title>
				<cusip>547804AE4</cusip>
				<identifiers>
					<isin value="US547804AE44"/>
					<ticker value="LWRUTL"/>
				</identifiers>
				<balance>6000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>8266980.00</valUSD>
				<pctVal>1.3965322587135</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-09-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ALABAMA SPECIAL CARE FACILITIES FINANCING AUTHORITY-BIRMINGHAM AL</name>
				<lei>N/A</lei>
				<title>ALABAMA SPECIAL CARE FACILITIES FINANCING AUTHORITY-BIRMINGHAM AL</title>
				<cusip>091081DN6</cusip>
				<identifiers>
					<isin value="US091081DN68"/>
					<ticker value="BIRMED"/>
				</identifiers>
				<balance>6000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6017520.00</valUSD>
				<pctVal>1.016533340767</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.75</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHICAGO BOARD OF EDUCATION</name>
				<lei>54930099NR6T9V7LVB43</lei>
				<title>CHICAGO BOARD OF EDUCATION</title>
				<cusip>167505TJ5</cusip>
				<identifiers>
					<isin value="US167505TJ54"/>
					<ticker value="CHIEDU"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2121940.00</valUSD>
				<pctVal>0.3584570981246</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MICHIGAN ST FIN AUTH REVENUE</name>
				<lei>54930022O46HOX5J1D14</lei>
				<title>MICHIGAN FINANCE AUTHORITY</title>
				<cusip>59447TGA5</cusip>
				<identifiers>
					<isin value="US59447TGA51"/>
					<ticker value="MISFIN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2343900.00</valUSD>
				<pctVal>0.3959525680718</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2034-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>04052BCR3</cusip>
				<identifiers>
					<isin value="US04052BCR33"/>
					<ticker value="AZSEDU"/>
				</identifiers>
				<balance>1035000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1084110.75</valUSD>
				<pctVal>0.1831376916834</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY &amp; COUNTY OF DENVER CO</name>
				<lei>MMTY7HA2MSCBUO4F7J71</lei>
				<title>CITY &amp; COUNTY OF DENVER CO</title>
				<cusip>249271GV3</cusip>
				<identifiers>
					<isin value="US249271GV36"/>
					<ticker value="DENAPT"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1006230.00</valUSD>
				<pctVal>0.1699813782887</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2032-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
				<lei>549300YUVD5TEXR6L889</lei>
				<title>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</title>
				<cusip>646136X89</cusip>
				<identifiers>
					<isin value="US646136X894"/>
					<ticker value="NJSTRN"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1638900.00</valUSD>
				<pctVal>0.2768576576701</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2033-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>04052BCS1</cusip>
				<identifiers>
					<isin value="US04052BCS16"/>
					<ticker value="AZSEDU"/>
				</identifiers>
				<balance>380000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>397092.4</valUSD>
				<pctVal>0.067080402552</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2051-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</name>
				<lei>254900I3VDCQ58UGBR15</lei>
				<title>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</title>
				<cusip>592250CL6</cusip>
				<identifiers>
					<isin value="US592250CL63"/>
					<ticker value="MPNFAC"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2104060.00</valUSD>
				<pctVal>0.3554366484821</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2057-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>DOMINION WATER &amp; SANITATION DISTRICT</name>
				<lei>N/A</lei>
				<title>DOMINION WATER &amp; SANITATION DISTRICT</title>
				<cusip>257542AA8</cusip>
				<identifiers>
					<isin value="US257542AA82"/>
					<ticker value="DOMWTR"/>
				</identifiers>
				<balance>4625000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4833633.75</valUSD>
				<pctVal>0.8165406785405</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CLACKAMAS COUNTY HOSPITAL FACILITY AUTHORITY</name>
				<lei>N/A</lei>
				<title>CLACKAMAS COUNTY HOSPITAL FACILITY AUTHORITY</title>
				<cusip>179027WQ6</cusip>
				<identifiers>
					<isin value="US179027WQ62"/>
					<ticker value="CLAMED"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1548420.00</valUSD>
				<pctVal>0.2615729661904</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TOBACCO SETTLEMENT FINANCING CORP</name>
				<lei>N/A</lei>
				<title>TOBACCO SETTLEMENT FINANCING CORP</title>
				<cusip>888808HT2</cusip>
				<identifiers>
					<isin value="US888808HT28"/>
					<ticker value="TOBGEN"/>
				</identifiers>
				<balance>3410000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3745987.3</valUSD>
				<pctVal>0.6328057047653</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CALIFORNIA PUBLIC FINANCE AUTHORITY</name>
				<lei>N/A</lei>
				<title>CALIFORNIA PUBLIC FINANCE AUTHORITY</title>
				<cusip>13058BAD1</cusip>
				<identifiers>
					<isin value="US13058BAD10"/>
					<ticker value="CASHSG"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>750000.00</valUSD>
				<pctVal>0.1266967131933</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHICAGO IL O'HARE INTERNATIONA</name>
				<lei>N/A</lei>
				<title>CHICAGO O'HARE INTERNATIONAL AIRPORT</title>
				<cusip>167593G48</cusip>
				<identifiers>
					<isin value="US167593G486"/>
					<ticker value="CHITRN"/>
				</identifiers>
				<balance>1015000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1035766.9</valUSD>
				<pctVal>0.1749710158192</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.625</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CRAWFORD COUNTY HOSPITAL AUTHORITY</name>
				<lei>N/A</lei>
				<title>CRAWFORD COUNTY HOSPITAL AUTHORITY</title>
				<cusip>225004AQ3</cusip>
				<identifiers>
					<isin value="US225004AQ33"/>
					<ticker value="CRWMED"/>
				</identifiers>
				<balance>1175000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1278200.25</valUSD>
				<pctVal>0.2159250273038</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>DEVELOPMENT AUTHORITY OF BURKE COUNTY/THE</name>
				<lei>N/A</lei>
				<title>DEVELOPMENT AUTHORITY OF BURKE COUNTY/THE</title>
				<cusip>121342PM5</cusip>
				<identifiers>
					<isin value="US121342PM57"/>
					<ticker value="BURPOL"/>
				</identifiers>
				<balance>2400000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2604984.00</valUSD>
				<pctVal>0.440057214295</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.125</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY</name>
				<lei>5493006JS6QWDVU4R678</lei>
				<title>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY</title>
				<cusip>64577BKL7</cusip>
				<identifiers>
					<isin value="US64577BKL70"/>
					<ticker value="NJSDEV"/>
				</identifiers>
				<balance>4000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4467400.00</valUSD>
				<pctVal>0.7546731953599</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2027-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES &amp; COMMUNITY DEVELOPMENT AUTH</name>
				<lei>5493004WIZ1HV87IVF85</lei>
				<title>LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES &amp; COMMUNITY DEVELOPMENT AUTH</title>
				<cusip>54628CDX7</cusip>
				<identifiers>
					<isin value="US54628CDX74"/>
					<ticker value="LASFAC"/>
				</identifiers>
				<balance>3100000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3230293.00</valUSD>
				<pctVal>0.5456900076686</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2032-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MASSACHUSETTS ST DEV FIN AGY R</name>
				<lei>549300UZSVMFXJK08K70</lei>
				<title>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</title>
				<cusip>57584X4P3</cusip>
				<identifiers>
					<isin value="US57584X4P39"/>
					<ticker value="MASDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1016950.00</valUSD>
				<pctVal>0.1717922966426</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2057-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SAINT LOUIS MO INDL DEV AUTH</name>
				<lei>549300WTUL8KX1FOUZ40</lei>
				<title>INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF ST LOUIS MISSOURI/THE</title>
				<cusip>85233LAG8</cusip>
				<identifiers>
					<isin value="US85233LAG86"/>
					<ticker value="STLDEV"/>
				</identifiers>
				<balance>3500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3292975.00</valUSD>
				<pctVal>0.5562788121704</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-05-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.375</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>OKLAHOMA DEVELOPMENT FINANCE AUTHORITY</name>
				<lei>549300PXGPHUWC32DJ91</lei>
				<title>OKLAHOMA DEVELOPMENT FINANCE AUTHORITY</title>
				<cusip>67884XCH8</cusip>
				<identifiers>
					<isin value="US67884XCH89"/>
					<ticker value="OKSMED"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1724100.00</valUSD>
				<pctVal>0.2912504042888</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-08-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHICAGO IL O'HARE INTERNATIONA</name>
				<lei>N/A</lei>
				<title>CHICAGO O'HARE INTERNATIONAL AIRPORT</title>
				<cusip>167593G22</cusip>
				<identifiers>
					<isin value="US167593G221"/>
					<ticker value="CHITRN"/>
				</identifiers>
				<balance>2235000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2294875.65</valUSD>
				<pctVal>0.3876709360566</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.625</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VIRGINIA ST SMALL BUSINESS FIN</name>
				<lei>N/A</lei>
				<title>VIRGINIA SMALL BUSINESS FINANCING AUTHORITY</title>
				<cusip>928097AD6</cusip>
				<identifiers>
					<isin value="US928097AD68"/>
					<ticker value="VASDEV"/>
				</identifiers>
				<balance>3380000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3725199.4</valUSD>
				<pctVal>0.6292940266264</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2056-12-31</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STATE OF ILLINOIS</name>
				<lei>54930048FV8RWPR02D67</lei>
				<title>STATE OF ILLINOIS</title>
				<cusip>452152P21</cusip>
				<identifiers>
					<isin value="US452152P213"/>
					<ticker value="ILS"/>
				</identifiers>
				<balance>1120000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1210440.00</valUSD>
				<pctVal>0.204478359357</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2029-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VIRGINIA ST SMALL BUSINESS FIN</name>
				<lei>N/A</lei>
				<title>VIRGINIA SMALL BUSINESS FINANCING AUTHORITY</title>
				<cusip>928097AC8</cusip>
				<identifiers>
					<isin value="US928097AC85"/>
					<ticker value="VASDEV"/>
				</identifiers>
				<balance>1620000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1791817.2</valUSD>
				<pctVal>0.3026897998444</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2052-12-31</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HARBOR POINT INFRASTRUCTURE IMPROVEMENT DISTRICT</name>
				<lei>N/A</lei>
				<title>HARBOR POINT INFRASTRUCTURE IMPROVEMENT DISTRICT</title>
				<cusip>41154VAK5</cusip>
				<identifiers>
					<isin value="US41154VAK52"/>
					<ticker value="HRBIMP"/>
				</identifiers>
				<balance>3500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3709230.00</valUSD>
				<pctVal>0.6265963326375</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-04-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>LA PAZ COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>LA PAZ COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>50376FAC1</cusip>
				<identifiers>
					<isin value="US50376FAC14"/>
					<ticker value="LAPDEV"/>
				</identifiers>
				<balance>2480000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2708135.2</valUSD>
				<pctVal>0.4574824382976</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-02-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>KANSAS DEVELOPMENT FINANCE AUTHORITY</name>
				<lei>549300WTL7BL8KBDPR87</lei>
				<title>KANSAS DEVELOPMENT FINANCE AUTHORITY</title>
				<cusip>48542RCC6</cusip>
				<identifiers>
					<isin value="US48542RCC60"/>
					<ticker value="KSSDEV"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1937840.00</valUSD>
				<pctVal>0.3273572782594</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2025-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STATE OF ILLINOIS</name>
				<lei>54930048FV8RWPR02D67</lei>
				<title>STATE OF ILLINOIS</title>
				<cusip>452152Q20</cusip>
				<identifiers>
					<isin value="US452152Q203"/>
					<ticker value="ILS"/>
				</identifiers>
				<balance>2825000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3074052.00</valUSD>
				<pctVal>0.5192963794472</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2028-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034MBG0</cusip>
				<identifiers>
					<isin value="US88034MBG06"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1010000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2287528.8</valUSD>
				<pctVal>0.3864298403935</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2037-12-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.306987</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBK4</cusip>
				<identifiers>
					<isin value="US88033UBK43"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>838530.00</valUSD>
				<pctVal>0.1416519932186</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2041-06-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>18.18</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>KANSAS DEVELOPMENT FINANCE AUTHORITY</name>
				<lei>549300WTL7BL8KBDPR87</lei>
				<title>KANSAS DEVELOPMENT FINANCE AUTHORITY</title>
				<cusip>48542RCB8</cusip>
				<identifiers>
					<isin value="US48542RCB87"/>
					<ticker value="KSSDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>904240.00</valUSD>
				<pctVal>0.1527523145839</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2053-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WASHINGTON STATE HOUSING FINANCE COMMISSION</name>
				<lei>549300YL1HU59NREG764</lei>
				<title>WASHINGTON STATE HOUSING FINANCE COMMISSION</title>
				<cusip>939783TK2</cusip>
				<identifiers>
					<isin value="US939783TK23"/>
					<ticker value="WASHSG"/>
				</identifiers>
				<balance>3200000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3107392.00</valUSD>
				<pctVal>0.524928470671</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2051-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY</title>
				<cusip>69650MAW9</cusip>
				<identifiers>
					<isin value="US69650MAW91"/>
					<ticker value="PALMED"/>
				</identifiers>
				<balance>2850000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3195904.5</valUSD>
				<pctVal>0.5398807944397</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHICAGO BOARD OF EDUCATION</name>
				<lei>54930099NR6T9V7LVB43</lei>
				<title>CHICAGO BOARD OF EDUCATION</title>
				<cusip>167505VA1</cusip>
				<identifiers>
					<isin value="US167505VA18"/>
					<ticker value="CHIEDU"/>
				</identifiers>
				<balance>1400000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1506274.00</valUSD>
				<pctVal>0.2544532866248</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2034-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PUBLIC FINANCE AUTHORITY</name>
				<lei>5493004S6D3NA627K012</lei>
				<title>PUBLIC FINANCE AUTHORITY</title>
				<cusip>74443UBB8</cusip>
				<identifiers>
					<isin value="US74443UBB89"/>
					<ticker value="PUBFIN"/>
				</identifiers>
				<balance>750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>776610.00</valUSD>
				<pctVal>0.1311919125774</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-05-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA/THE</name>
				<lei>549300QDTQ25545R4K19</lei>
				<title>INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF PIMA/THE</title>
				<cusip>72177MRS8</cusip>
				<identifiers>
					<isin value="US72177MRS88"/>
					<ticker value="PIMDEV"/>
				</identifiers>
				<balance>6000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5929800.00</valUSD>
				<pctVal>1.0017148931919</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PUBLIC FINANCE AUTHORITY</name>
				<lei>5493004S6D3NA627K012</lei>
				<title>PUBLIC FINANCE AUTHORITY</title>
				<cusip>74444VAG5</cusip>
				<identifiers>
					<isin value="US74444VAG59"/>
					<ticker value="PUBFIN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1981900.00</valUSD>
				<pctVal>0.3348002878372</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034MBK1</cusip>
				<identifiers>
					<isin value="US88034MBK18"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>815000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1084634.6</valUSD>
				<pctVal>0.1832261851143</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-06-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>18.325645</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF RENO NV</name>
				<lei>549300M4R5WWSUWY8D52</lei>
				<title>CITY OF RENO NV</title>
				<cusip>759861DT1</cusip>
				<identifiers>
					<isin value="US759861DT11"/>
					<ticker value="RENGEN"/>
				</identifiers>
				<balance>2750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2808685.00</valUSD>
				<pctVal>0.4744682105272</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2058-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBV0</cusip>
				<identifiers>
					<isin value="US88033UBV08"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1875000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2242275.00</valUSD>
				<pctVal>0.3787851634341</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2032-12-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.4</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBX6</cusip>
				<identifiers>
					<isin value="US88033UBX63"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1646775.00</valUSD>
				<pctVal>0.2781879731586</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.91</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBZ1</cusip>
				<identifiers>
					<isin value="US88033UBZ12"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>4250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6454475.00</valUSD>
				<pctVal>1.0903476905182</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-12-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.85</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBT5</cusip>
				<identifiers>
					<isin value="US88033UBT51"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>4185000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5715831.15</valUSD>
				<pctVal>0.9655693598308</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-02-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.85</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UAZ2</cusip>
				<identifiers>
					<isin value="US88033UAZ21"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2787200.00</valUSD>
				<pctVal>0.4708387720166</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2021-02-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>18.87</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UCH0</cusip>
				<identifiers>
					<isin value="US88033UCH05"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6373450.00</valUSD>
				<pctVal>1.0766602222695</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-12-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>13.45</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBH1</cusip>
				<identifiers>
					<isin value="US88033UBH14"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2150000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2449774.5</valUSD>
				<pctVal>0.4138378362865</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2027-04-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.85</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034MBN5</cusip>
				<identifiers>
					<isin value="US88034MBN56"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>3190000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5831926.1</valUSD>
				<pctVal>0.985181157942</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-06-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.67</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UBD0</cusip>
				<identifiers>
					<isin value="US88033UBD00"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1327137.5</valUSD>
				<pctVal>0.2241919456075</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2025-11-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>18.87</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>GREAT LAKES MI WTR AUTH SEWAGE</name>
				<lei>N/A</lei>
				<title>GREAT LAKES WATER AUTHORITY SEWAGE DISPOSAL SYSTEM REVENUE</title>
				<cusip>39081HAS1</cusip>
				<identifiers>
					<isin value="US39081HAS13"/>
					<ticker value="GRTWTR"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3583170.00</valUSD>
				<pctVal>0.605301149084</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UD22</cusip>
				<identifiers>
					<isin value="US88033UD222"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4953690.00</valUSD>
				<pctVal>0.836821654905</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-10-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.82</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UQG7</cusip>
				<identifiers>
					<isin value="US88033UQG75"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2440000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3648288.00</valUSD>
				<pctVal>0.6163014645103</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-11-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.822512</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UQL6</cusip>
				<identifiers>
					<isin value="US88033UQL60"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3618450.00</valUSD>
				<pctVal>0.6112609624726</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-10-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.834973</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034MWM4</cusip>
				<identifiers>
					<isin value="US88034MWM45"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2690000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4037716.9</valUSD>
				<pctVal>0.6820872800469</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.307151</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UCT4</cusip>
				<identifiers>
					<isin value="US88033UCT43"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3514875.00</valUSD>
				<pctVal>0.5937641463806</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-05-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.85</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UCX5</cusip>
				<identifiers>
					<isin value="US88033UCX54"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3197565.00</valUSD>
				<pctVal>0.5401613009627</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2042-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.35</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UCR8</cusip>
				<identifiers>
					<isin value="US88033UCR86"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1798600.00</valUSD>
				<pctVal>0.3038356111327</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.61</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UQQ5</cusip>
				<identifiers>
					<isin value="US88033UQQ57"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6885100.00</valUSD>
				<pctVal>1.16309272001</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-12-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.828826</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ST LOUIS LAND CLEARANCE FOR REDEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ST LOUIS LAND CLEARANCE FOR REDEVELOPMENT AUTHORITY</title>
				<cusip>85233SAN8</cusip>
				<identifiers>
					<isin value="US85233SAN80"/>
					<ticker value="STLMFH"/>
				</identifiers>
				<balance>4845000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5343017.55</valUSD>
				<pctVal>0.9025903494925</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.125</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UQJ1</cusip>
				<identifiers>
					<isin value="US88033UQJ15"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3581750.00</valUSD>
				<pctVal>0.6050612699737</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-05-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.982514</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UCK3</cusip>
				<identifiers>
					<isin value="US88033UCK34"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1875000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2451375.00</valUSD>
				<pctVal>0.4141082070724</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-03-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>16.62</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</name>
				<lei>254900I3VDCQ58UGBR15</lei>
				<title>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</title>
				<cusip>592247K90</cusip>
				<identifiers>
					<isin value="US592247K908"/>
					<ticker value="MPNFAC"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1290750.00</valUSD>
				<pctVal>0.2180450434057</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-12-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UQS1</cusip>
				<identifiers>
					<isin value="US88033UQS14"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1330487.5</valUSD>
				<pctVal>0.2247578575931</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2027-11-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>19.800309</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</name>
				<lei>549300DZUU80AYOR6M80</lei>
				<title>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</title>
				<cusip>67754AAE4</cusip>
				<identifiers>
					<isin value="US67754AAE47"/>
					<ticker value="OHSDEV"/>
				</identifiers>
				<balance>2250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2331765.00</valUSD>
				<pctVal>0.3939026152523</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-01-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STATE OF ILLINOIS</name>
				<lei>54930048FV8RWPR02D67</lei>
				<title>STATE OF ILLINOIS</title>
				<cusip>4521522L4</cusip>
				<identifiers>
					<isin value="US4521522L45"/>
					<ticker value="ILS"/>
				</identifiers>
				<balance>3225000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3541211.25</valUSD>
				<pctVal>0.5982131014644</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2028-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MARYLAND HEALTH &amp; HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>MARYLAND HEALTH &amp; HIGHER EDUCATIONAL FACILITIES AUTHORITY</title>
				<cusip>574218T37</cusip>
				<identifiers>
					<isin value="US574218T373"/>
					<ticker value="MDSMED"/>
				</identifiers>
				<balance>3250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3578120.00</valUSD>
				<pctVal>0.6044480578818</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UR84</cusip>
				<identifiers>
					<isin value="US88033UR842"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1094590.00</valUSD>
				<pctVal>0.1849079403924</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2029-01-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.972</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK CONVENTION CENTER DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>NEW YORK CONVENTION CENTER DEVELOPMENT CORP</title>
				<cusip>649451GX3</cusip>
				<identifiers>
					<isin value="US649451GX37"/>
					<ticker value="NYSDEV"/>
				</identifiers>
				<balance>6885000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2556675.9</valUSD>
				<pctVal>0.4318965776408</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>56681NAX5</cusip>
				<identifiers>
					<isin value="US56681NAX57"/>
					<ticker value="MAREDU"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2065200.00</valUSD>
				<pctVal>0.3488720694492</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2047-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034MBB1</cusip>
				<identifiers>
					<isin value="US88034MBB19"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1875000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3770662.5</valUSD>
				<pctVal>0.6369740604152</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2057-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>20.2</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>DULUTH ECONOMIC DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>DULUTH ECONOMIC DEVELOPMENT AUTHORITY</title>
				<cusip>26444CHG0</cusip>
				<identifiers>
					<isin value="US26444CHG06"/>
					<ticker value="DULDEV"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3403230.00</valUSD>
				<pctVal>0.5749040736546</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2058-02-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STATE OF ILLINOIS</name>
				<lei>54930048FV8RWPR02D67</lei>
				<title>STATE OF ILLINOIS</title>
				<cusip>452152Y39</cusip>
				<identifiers>
					<isin value="US452152Y397"/>
					<ticker value="ILS"/>
				</identifiers>
				<balance>3900000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4165161.00</valUSD>
				<pctVal>0.7036162781615</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-05-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88033UQW2</cusip>
				<identifiers>
					<isin value="US88033UQW26"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>517000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>538124.62</valUSD>
				<pctVal>0.0909048275232</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-05-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.826612</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CALIFORNIA ST STWD CMNTYS DEV</name>
				<lei>549300KTNI2GCJNX2U48</lei>
				<title>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</title>
				<cusip>13080SVN1</cusip>
				<identifiers>
					<isin value="US13080SVN16"/>
					<ticker value="CASGEN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1080980.00</valUSD>
				<pctVal>0.1826088173703</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2058-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MISSION ECONOMIC DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>MISSION ECONOMIC DEVELOPMENT CORP</title>
				<cusip>605156AC2</cusip>
				<identifiers>
					<isin value="US605156AC20"/>
					<ticker value="MISDEV"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1575810.00</valUSD>
				<pctVal>0.2661999301562</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.625</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHICAGO BOARD OF EDUCATION</name>
				<lei>54930099NR6T9V7LVB43</lei>
				<title>CHICAGO BOARD OF EDUCATION</title>
				<cusip>167505WB8</cusip>
				<identifiers>
					<isin value="US167505WB81"/>
					<ticker value="CHIEDU"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2105680.00</valUSD>
				<pctVal>0.3557103133826</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034M8K5</cusip>
				<identifiers>
					<isin value="US88034M8K57"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>8500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>10137950.00</valUSD>
				<pctVal>1.7125932580247</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2058-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>9.017102</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ATLANTA GA WTR &amp; WSTWTR ENVRNM</name>
				<lei>N/A</lei>
				<title>CITY OF ATLANTA GA WATER &amp; WASTEWATER REVENUE</title>
				<cusip>04787CAA2</cusip>
				<identifiers>
					<isin value="US04787CAA27"/>
					<ticker value="ATLUTL"/>
				</identifiers>
				<balance>1665000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1796451.75</valUSD>
				<pctVal>0.3034727095139</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2028-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF ATLANTIC BEACH FL</name>
				<lei>N/A</lei>
				<title>CITY OF ATLANTIC BEACH FL</title>
				<cusip>048251CC4</cusip>
				<identifiers>
					<isin value="US048251CC41"/>
					<ticker value="ATLMED"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3038730.00</valUSD>
				<pctVal>0.5133294710427</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2053-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INDIANA ST FIN AUTH ENVRNMNTL</name>
				<lei>549300PS0PAS7NDSSI20</lei>
				<title>INDIANA FINANCE AUTHORITY</title>
				<cusip>45471ARL8</cusip>
				<identifiers>
					<isin value="US45471ARL88"/>
					<ticker value="INSFIN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1173740.00</valUSD>
				<pctVal>0.198278666858</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PORT OF SEATTLE WA</name>
				<lei>549300T9UCDUJ3GZL429</lei>
				<title>PORT OF SEATTLE WA</title>
				<cusip>735389B56</cusip>
				<identifiers>
					<isin value="US735389B566"/>
					<ticker value="PTSGEN"/>
				</identifiers>
				<balance>4300000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5227897.00</valUSD>
				<pctVal>0.8831431557511</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2027-05-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STATE OF ILLINOIS</name>
				<lei>54930048FV8RWPR02D67</lei>
				<title>STATE OF ILLINOIS</title>
				<cusip>4521522M2</cusip>
				<identifiers>
					<isin value="US4521522M28"/>
					<ticker value="ILS"/>
				</identifiers>
				<balance>1100000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1198879.00</valUSD>
				<pctVal>0.2025253717553</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2029-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
				<lei>549300YUVD5TEXR6L889</lei>
				<title>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</title>
				<cusip>6461364X6</cusip>
				<identifiers>
					<isin value="US6461364X64"/>
					<ticker value="NJSTRN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2234540.00</valUSD>
				<pctVal>0.3774784979987</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2043-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CLIFTON HIGHER EDUCATION FINANCE CORP</name>
				<lei>N/A</lei>
				<title>CLIFTON HIGHER EDUCATION FINANCE CORP</title>
				<cusip>187145JT5</cusip>
				<identifiers>
					<isin value="US187145JT58"/>
					<ticker value="CLIEDU"/>
				</identifiers>
				<balance>6000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6628500.00</valUSD>
				<pctVal>1.1197455512028</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-08-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.125</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
				<lei>549300YUVD5TEXR6L889</lei>
				<title>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</title>
				<cusip>6461364Y4</cusip>
				<identifiers>
					<isin value="US6461364Y48"/>
					<ticker value="NJSTRN"/>
				</identifiers>
				<balance>1775000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1938495.25</valUSD>
				<pctVal>0.3274679689545</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>56681NCW5</cusip>
				<identifiers>
					<isin value="US56681NCW56"/>
					<ticker value="MAREDU"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3335610.00</valUSD>
				<pctVal>0.5634810979931</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2052-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NIAGARA AREA DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>NIAGARA AREA DEVELOPMENT CORP</title>
				<cusip>653542AC4</cusip>
				<identifiers>
					<isin value="US653542AC49"/>
					<ticker value="NIAPOL"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2021140.00</valUSD>
				<pctVal>0.3414290598714</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2042-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.75</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>KENTUCKY PUBLIC ENERGY AUTHORITY</name>
				<lei>N/A</lei>
				<title>KENTUCKY PUBLIC ENERGY AUTHORITY</title>
				<cusip>74440DCC6</cusip>
				<identifiers>
					<isin value="US74440DCC65"/>
					<ticker value="KYSPWR"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2812100.00</valUSD>
				<pctVal>0.4750451028946</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-12-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CHICAGO IL O'HARE INTERNATIONA</name>
				<lei>N/A</lei>
				<title>CHICAGO O'HARE INTERNATIONAL AIRPORT</title>
				<cusip>167593L59</cusip>
				<identifiers>
					<isin value="US167593L593"/>
					<ticker value="CHITRN"/>
				</identifiers>
				<balance>3585000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4225603.65</valUSD>
				<pctVal>0.713826791617</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>87972MBC5</cusip>
				<identifiers>
					<isin value="US87972MBC55"/>
					<ticker value="TEMDEV"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3015900.00</valUSD>
				<pctVal>0.5094728230931</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2025-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.35</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW JERSEY HOUSING &amp; MORTGAGE FINANCE AGENCY</name>
				<lei>5493002ONULJL0FIGU24</lei>
				<title>NEW JERSEY HOUSING &amp; MORTGAGE FINANCE AGENCY</title>
				<cusip>64613ACF7</cusip>
				<identifiers>
					<isin value="US64613ACF75"/>
					<ticker value="NJSHSG"/>
				</identifiers>
				<balance>1560000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1747995.6</valUSD>
				<pctVal>0.2952870629285</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2025-04-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INDIANA ST FIN AUTH ENVRNMNTL</name>
				<lei>549300PS0PAS7NDSSI20</lei>
				<title>INDIANA FINANCE AUTHORITY</title>
				<cusip>45470DAA5</cusip>
				<identifiers>
					<isin value="US45470DAA54"/>
					<ticker value="INSGEN"/>
				</identifiers>
				<balance>6175000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5397814.5</valUSD>
				<pctVal>0.9118471407698</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-03-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CALIFORNIA ST MUNI FIN AUTH EX</name>
				<lei>5493000UQOV6R4ZWS346</lei>
				<title>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</title>
				<cusip>13048VJE9</cusip>
				<identifiers>
					<isin value="US13048VJE92"/>
					<ticker value="CASFIN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1038410.00</valUSD>
				<pctVal>0.1754175119294</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-08-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF CHICAGO IL</name>
				<lei>T5UYO5SYLC8K73MJQX30</lei>
				<title>CITY OF CHICAGO IL</title>
				<cusip>167486E21</cusip>
				<identifiers>
					<isin value="US167486E215"/>
					<ticker value="CHI"/>
				</identifiers>
				<balance>4000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4278880.00</valUSD>
				<pctVal>0.7228267095316</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
				<lei>N/A</lei>
				<title>PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY</title>
				<cusip>70917SMR1</cusip>
				<identifiers>
					<isin value="US70917SMR12"/>
					<ticker value="PASHGR"/>
				</identifiers>
				<balance>3675000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3757320.00</valUSD>
				<pctVal>0.6347201258875</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PENNSYLVANIA HOUSING FINANCE AGENCY</name>
				<lei>549300JZVUPNWP77SP29</lei>
				<title>PENNSYLVANIA HOUSING FINANCE AGENCY</title>
				<cusip>708796G68</cusip>
				<identifiers>
					<isin value="US708796G689"/>
					<ticker value="PASSFH"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1540365.00</valUSD>
				<pctVal>0.2602122434907</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2026-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.35</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CONNECTICUT HOUSING FINANCE AUTHORITY</name>
				<lei>5493003DXX0NRJKSH186</lei>
				<title>CONNECTICUT HOUSING FINANCE AUTHORITY</title>
				<cusip>20775CPZ1</cusip>
				<identifiers>
					<isin value="US20775CPZ13"/>
					<ticker value="CTSHSG"/>
				</identifiers>
				<balance>1555000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1700361.4</valUSD>
				<pctVal>0.2872402674944</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2032-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.65</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>UNIV OF ALABAMA AT BIRMINGHAM</name>
				<lei>5493002DHWB7OKWT0415</lei>
				<title>UNIVERSITY OF ALABAMA AT BIRMINGHAM</title>
				<cusip>914745EJ9</cusip>
				<identifiers>
					<isin value="US914745EJ98"/>
					<ticker value="UALHGR"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2377060.00</valUSD>
				<pctVal>0.4015542520845</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>COUNTY OF CUYAHOGA OH</name>
				<lei>549300GHDK9DGLUNJU89</lei>
				<title>COUNTY OF CUYAHOGA OH</title>
				<cusip>2322655T1</cusip>
				<identifiers>
					<isin value="US2322655T17"/>
					<ticker value="CUYMED"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2185900.00</valUSD>
				<pctVal>0.3692617938257</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2052-02-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY</name>
				<lei>N/A</lei>
				<title>CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY</title>
				<cusip>155498GJ1</cusip>
				<identifiers>
					<isin value="US155498GJ12"/>
					<ticker value="CTXGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2780450.00</valUSD>
				<pctVal>0.4696985015979</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>KING COUNTY SCHOOL DISTRICT NO 210 FEDERAL WAY</name>
				<lei>N/A</lei>
				<title>KING COUNTY SCHOOL DISTRICT NO 210 FEDERAL WAY</title>
				<cusip>494890B70</cusip>
				<identifiers>
					<isin value="US494890B705"/>
					<ticker value="KINSCD"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2352920.00</valUSD>
				<pctVal>0.3974763072091</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2034-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>UTAH CHARTER SCHOOL FINANCE AUTHORITY</name>
				<lei>N/A</lei>
				<title>UTAH CHARTER SCHOOL FINANCE AUTHORITY</title>
				<cusip>91754TYC1</cusip>
				<identifiers>
					<isin value="US91754TYC16"/>
					<ticker value="UTSEDU"/>
				</identifiers>
				<balance>1190000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1425227.3</valUSD>
				<pctVal>0.2407621526179</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-04-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>GLENDALE INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>GLENDALE INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>378287AX4</cusip>
				<identifiers>
					<isin value="US378287AX47"/>
					<ticker value="GLEDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1074300.00</valUSD>
				<pctVal>0.1814803719781</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2054-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SCHOOL DISTRICT OF PHILADELPHIA/THE</name>
				<lei>254900HSKDHZKBZCUL90</lei>
				<title>SCHOOL DISTRICT OF PHILADELPHIA/THE</title>
				<cusip>717883WC2</cusip>
				<identifiers>
					<isin value="US717883WC27"/>
					<ticker value="PHISCD"/>
				</identifiers>
				<balance>2740000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3165439.8</valUSD>
				<pctVal>0.5347344246285</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-09-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TEXAS ST PRIV ACTIVITY BOND SU</name>
				<lei>N/A</lei>
				<title>TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION CORP</title>
				<cusip>882667AN8</cusip>
				<identifiers>
					<isin value="US882667AN81"/>
					<ticker value="TXSTRN"/>
				</identifiers>
				<balance>8930000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>10162697.2</valUSD>
				<pctVal>1.716773776559</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2058-06-30</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034RWH4</cusip>
				<identifiers>
					<isin value="US88034RWH47"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3674100.00</valUSD>
				<pctVal>0.6206618585915</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-11-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>14.23</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MASSACHUSETTS ST DEV FIN AGY R</name>
				<lei>549300UZSVMFXJK08K70</lei>
				<title>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</title>
				<cusip>57584YPT0</cusip>
				<identifiers>
					<isin value="US57584YPT00"/>
					<ticker value="MASDEV"/>
				</identifiers>
				<balance>1400000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1628970.00</valUSD>
				<pctVal>0.2751801931874</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2025-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034R4B8</cusip>
				<identifiers>
					<isin value="US88034R4B85"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>855000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1328345.1</valUSD>
				<pctVal>0.2243959442086</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-10-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>14.05</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034R2E4</cusip>
				<identifiers>
					<isin value="US88034R2E43"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1465000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2040027.15</valUSD>
				<pctVal>0.3446196463069</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-11-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>13.329204</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034UCT3</cusip>
				<identifiers>
					<isin value="US88034UCT34"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1385000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1975037.7</valUSD>
				<pctVal>0.3336410466972</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-08-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>13.92</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MET WASHINGTON DC ARPTS AUTH D</name>
				<lei>N/A</lei>
				<title>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES TOLL ROAD REVENUE</title>
				<cusip>592643CU2</cusip>
				<identifiers>
					<isin value="US592643CU27"/>
					<ticker value="METAPT"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1179810.00</valUSD>
				<pctVal>0.1993040655901</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2039-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY</title>
				<cusip>696507US9</cusip>
				<identifiers>
					<isin value="US696507US98"/>
					<ticker value="PALMED"/>
				</identifiers>
				<balance>2600000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2153398.00</valUSD>
				<pctVal>0.3637712650628</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2053-05-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CITY OF CHICAGO IL</name>
				<lei>T5UYO5SYLC8K73MJQX30</lei>
				<title>CITY OF CHICAGO IL</title>
				<cusip>167486E39</cusip>
				<identifiers>
					<isin value="US167486E397"/>
					<ticker value="CHI"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1097340.00</valUSD>
				<pctVal>0.1853724950074</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.5</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PINELLAS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>PINELLAS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>72316VAS8</cusip>
				<identifiers>
					<isin value="US72316VAS88"/>
					<ticker value="PINDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1102840.00</valUSD>
				<pctVal>0.1863016042375</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2029-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>COLLEGIATE CHARTER SCHOOL OF LOWELL</name>
				<lei>N/A</lei>
				<title>COLLEGIATE CHARTER SCHOOL OF LOWELL</title>
				<cusip>547649AC7</cusip>
				<identifiers>
					<isin value="US547649AC78"/>
					<ticker value="LOWEDU"/>
				</identifiers>
				<balance>1750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1754410.00</valUSD>
				<pctVal>0.2963706407913</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MET WASHINGTON DC ARPTS AUTH D</name>
				<lei>N/A</lei>
				<title>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY DULLES TOLL ROAD REVENUE</title>
				<cusip>592643DF4</cusip>
				<identifiers>
					<isin value="US592643DF41"/>
					<ticker value="METAPT"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1079400.00</valUSD>
				<pctVal>0.1823419096278</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WISCONSIN HEALTH &amp; EDUCATIONAL FACILITIES AUTHORITY</name>
				<lei>549300ISNGXS0VHGVD41</lei>
				<title>WISCONSIN HEALTH &amp; EDUCATIONAL FACILITIES AUTHORITY</title>
				<cusip>97712D4D5</cusip>
				<identifiers>
					<isin value="US97712D4D59"/>
					<ticker value="WISMED"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1890360.00</valUSD>
				<pctVal>0.3193365316695</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2054-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ILLINOIS ST FIN AUTH REVENUE</name>
				<lei>549300ZG6UBPNNNRN315</lei>
				<title>ILLINOIS FINANCE AUTHORITY</title>
				<cusip>45204E6E3</cusip>
				<identifiers>
					<isin value="US45204E6E30"/>
					<ticker value="ILSGEN"/>
				</identifiers>
				<balance>1750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1730067.5</valUSD>
				<pctVal>0.2922584878035</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY</name>
				<lei>5493006X47I9VG3DL112</lei>
				<title>SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY</title>
				<cusip>837031ZA4</cusip>
				<identifiers>
					<isin value="US837031ZA49"/>
					<ticker value="SCSDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1055000.00</valUSD>
				<pctVal>0.1782200432253</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2054-04-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>SEMINOLE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>81669TAD0</cusip>
				<identifiers>
					<isin value="US81669TAD00"/>
					<ticker value="SEMDEV"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2212375.00</valUSD>
				<pctVal>0.3737341878015</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2054-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.75</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ALLENTOWN CITY SCHOOL DISTRICT</name>
				<lei>N/A</lei>
				<title>ALLENTOWN CITY SCHOOL DISTRICT</title>
				<cusip>018411UC0</cusip>
				<identifiers>
					<isin value="US018411UC07"/>
					<ticker value="ALTSCD"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1942320.00</valUSD>
				<pctVal>0.3281140799596</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-02-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK ST DORM AUTH REVENUES</name>
				<lei>549300C8XO7EXTX2XU71</lei>
				<title>NEW YORK STATE DORMITORY AUTHORITY</title>
				<cusip>64990GZQ8</cusip>
				<identifiers>
					<isin value="US64990GZQ80"/>
					<ticker value="NYSHGR"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1081490.00</valUSD>
				<pctVal>0.1826949711353</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-09-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</name>
				<lei>254900I3VDCQ58UGBR15</lei>
				<title>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</title>
				<cusip>592250DM3</cusip>
				<identifiers>
					<isin value="US592250DM38"/>
					<ticker value="MPNFAC"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1602450.00</valUSD>
				<pctVal>0.2707001974089</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>GRAND PARKWAY TRANSPORTATION CORP</name>
				<lei>N/A</lei>
				<title>GRAND PARKWAY TRANSPORTATION CORP</title>
				<cusip>38611TCC9</cusip>
				<identifiers>
					<isin value="US38611TCC99"/>
					<ticker value="GPTTRN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1155260.00</valUSD>
				<pctVal>0.195156859845</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-10-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PUBLIC FINANCE AUTHORITY</name>
				<lei>5493004S6D3NA627K012</lei>
				<title>PUBLIC FINANCE AUTHORITY</title>
				<cusip>74442PPD1</cusip>
				<identifiers>
					<isin value="US74442PPD14"/>
					<ticker value="PUBGEN"/>
				</identifiers>
				<balance>1175000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1196702.25</valUSD>
				<pctVal>0.2021576556614</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-04-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034UDE5</cusip>
				<identifiers>
					<isin value="US88034UDE55"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>900000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1478025.00</valUSD>
				<pctVal>0.2496812126901</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2056-01-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.65087</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</name>
				<lei>N/A</lei>
				<title>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</title>
				<cusip>118217CX4</cusip>
				<identifiers>
					<isin value="US118217CX40"/>
					<ticker value="BUCGEN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1353137.5</valUSD>
				<pctVal>0.2285840983315</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VAUXMONT METROPOLITAN DISTRICT</name>
				<lei>549300M7XL6MB0OW8D56</lei>
				<title>VAUXMONT METROPOLITAN DISTRICT</title>
				<cusip>92242SAN3</cusip>
				<identifiers>
					<isin value="US92242SAN36"/>
					<ticker value="VAUFAC"/>
				</identifiers>
				<balance>800000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>848248.00</valUSD>
				<pctVal>0.1432936447637</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-12-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.25</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>04052BLQ5</cusip>
				<identifiers>
					<isin value="US04052BLQ58"/>
					<ticker value="AZSEDU"/>
				</identifiers>
				<balance>625000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>640168.75</valUSD>
				<pctVal>0.1081430353521</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2030-07-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>04052ABH8</cusip>
				<identifiers>
					<isin value="US04052ABH86"/>
					<ticker value="AZIDA"/>
				</identifiers>
				<balance>1730578.28</balance>
				<units>OU</units>
				<descOthUnits>Other Units</descOthUnits>
				<curCd>USD</curCd>
				<valUSD>1801168.57</valUSD>
				<pctVal>0.3042695169682</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>ABS-MBS</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2033-05-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.625</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>04052BKM5</cusip>
				<identifiers>
					<isin value="US04052BKM53"/>
					<ticker value="AZSEDU"/>
				</identifiers>
				<balance>1275000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1296254.25</valUSD>
				<pctVal>0.2189748705838</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2054-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>04052BLR3</cusip>
				<identifiers>
					<isin value="US04052BLR32"/>
					<ticker value="AZSEDU"/>
				</identifiers>
				<balance>925000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>869000.5</valUSD>
				<pctVal>0.1467993428178</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-07-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SALES TAX SECURITIZATION CORP</name>
				<lei>N/A</lei>
				<title>SALES TAX SECURITIZATION CORP</title>
				<cusip>79467BCY9</cusip>
				<identifiers>
					<isin value="US79467BCY92"/>
					<ticker value="STSGEN"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2141680.00</valUSD>
				<pctVal>0.3617917556159</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-01-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TSASC INC/NY</name>
				<lei>N/A</lei>
				<title>TSASC INC/NY</title>
				<cusip>898526FQ6</cusip>
				<identifiers>
					<isin value="US898526FQ64"/>
					<ticker value="TSA"/>
				</identifiers>
				<balance>1165000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1185294.3</valUSD>
				<pctVal>0.2002305226357</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2045-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PROVIDENCE PUBLIC BUILDING AUTHORITY</name>
				<lei>N/A</lei>
				<title>PROVIDENCE PUBLIC BUILDING AUTHORITY</title>
				<cusip>74381MCS2</cusip>
				<identifiers>
					<isin value="US74381MCS26"/>
					<ticker value="PROFAC"/>
				</identifiers>
				<balance>7035000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>8701239.75</valUSD>
				<pctVal>1.4698913027097</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2038-09-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034U6E3</cusip>
				<identifiers>
					<isin value="US88034U6E35"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1110000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2391783.6</valUSD>
				<pctVal>0.4040414943863</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-08-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>16.863039</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034U5Y0</cusip>
				<identifiers>
					<isin value="US88034U5Y08"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1765000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2440430.2</valUSD>
				<pctVal>0.4122593134903</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2046-11-15</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>13.81</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HESS RANCH METROPOLITAN DISTRICT NO 6</name>
				<lei>N/A</lei>
				<title>HESS RANCH METROPOLITAN DISTRICT NO 6</title>
				<cusip>428112AA4</cusip>
				<identifiers>
					<isin value="US428112AA48"/>
					<ticker value="HRADEV"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2015060.00</valUSD>
				<pctVal>0.3404019718498</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>791524CQ2</cusip>
				<identifiers>
					<isin value="US791524CQ25"/>
					<ticker value="STLDEV"/>
				</identifiers>
				<balance>2975000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3067849.75</valUSD>
				<pctVal>0.5182486398613</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-09-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.125</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>FRANKLIN COUNTY CONVENTION FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>FRANKLIN COUNTY CONVENTION FACILITIES AUTHORITY</title>
				<cusip>35317DAM7</cusip>
				<identifiers>
					<isin value="US35317DAM74"/>
					<ticker value="FRAFAC"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1175387.5</valUSD>
				<pctVal>0.1985569773047</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-12-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>STATE OF ILLINOIS</name>
				<lei>54930048FV8RWPR02D67</lei>
				<title>STATE OF ILLINOIS</title>
				<cusip>4521525K3</cusip>
				<identifiers>
					<isin value="US4521525K35"/>
					<ticker value="ILS"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1631550.00</valUSD>
				<pctVal>0.2756160298808</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2030-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NEW YORK NY</name>
				<lei>549300ABYZD2SFD5JB29</lei>
				<title>CITY OF NEW YORK NY</title>
				<cusip>64966QKD1</cusip>
				<identifiers>
					<isin value="US64966QKD15"/>
					<ticker value="NYC"/>
				</identifiers>
				<balance>2750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3130847.5</valUSD>
				<pctVal>0.5288907836794</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-03-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</name>
				<lei>254900I3VDCQ58UGBR15</lei>
				<title>METROPOLITAN PIER &amp; EXPOSITION AUTHORITY</title>
				<cusip>592250CZ5</cusip>
				<identifiers>
					<isin value="US592250CZ59"/>
					<ticker value="MPNFAC"/>
				</identifiers>
				<balance>21800000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4330352.00</valUSD>
				<pctVal>0.7315218204936</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2054-12-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>0.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</name>
				<lei>N/A</lei>
				<title>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</title>
				<cusip>118217CZ9</cusip>
				<identifiers>
					<isin value="US118217CZ97"/>
					<ticker value="BUCGEN"/>
				</identifiers>
				<balance>14250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>15028620.00</valUSD>
				<pctVal>2.5387690104424</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2055-06-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ST LOUIS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>791524CN9</cusip>
				<identifiers>
					<isin value="US791524CN93"/>
					<ticker value="STLDEV"/>
				</identifiers>
				<balance>2025000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2089597.5</valUSD>
				<pctVal>0.3529935135293</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2048-09-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.125</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CLARK COUNTY SCHOOL DISTRICT</name>
				<lei>N/A</lei>
				<title>CLARK COUNTY SCHOOL DISTRICT</title>
				<cusip>181059P26</cusip>
				<identifiers>
					<isin value="US181059P267"/>
					<ticker value="CLASCD"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1759695.00</valUSD>
				<pctVal>0.297263430297</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-06-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PUBLIC FINANCE AUTHORITY</name>
				<lei>5493004S6D3NA627K012</lei>
				<title>PUBLIC FINANCE AUTHORITY</title>
				<cusip>74446CAD2</cusip>
				<identifiers>
					<isin value="US74446CAD20"/>
					<ticker value="PUBFIN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1154810.00</valUSD>
				<pctVal>0.195080841817</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2041-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INDIANA ST FIN AUTH ENVRNMNTL</name>
				<lei>549300PS0PAS7NDSSI20</lei>
				<title>INDIANA FINANCE AUTHORITY</title>
				<cusip>45470CAE9</cusip>
				<identifiers>
					<isin value="US45470CAE93"/>
					<ticker value="INDGEN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1029030.00</valUSD>
				<pctVal>0.1738329583698</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2030-11-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>549300QWDXL46XQC8110</lei>
				<title>KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>48504NAN9</cusip>
				<identifiers>
					<isin value="US48504NAN93"/>
					<ticker value="KANDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1185720.00</valUSD>
				<pctVal>0.2003024356901</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-03-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034WLK8</cusip>
				<identifiers>
					<isin value="US88034WLK89"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1165000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1624068.25</valUSD>
				<pctVal>0.2743521457022</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2049-10-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>13.849905</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>FEDERAL HOME LOAN MTGE CORP VA</name>
				<lei>N/A</lei>
				<title>FHLMC MULTIFAMILY VRD CERTIFICATES</title>
				<cusip>31350ACG1</cusip>
				<identifiers>
					<isin value="US31350ACG13"/>
					<ticker value="FEDMFH"/>
				</identifiers>
				<balance>2485000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2778602.75</valUSD>
				<pctVal>0.4693864475933</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2036-01-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>3.15</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034WKN3</cusip>
				<identifiers>
					<isin value="US88034WKN38"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1940000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3465887.6</valUSD>
				<pctVal>0.5854887562901</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-05-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>17.457733</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>TENDER OPTION BOND TRUST RECEI</name>
				<lei>N/A</lei>
				<title>TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
				<cusip>88034U5U8</cusip>
				<identifiers>
					<isin value="US88034U5U85"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1585000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2911787.65</valUSD>
				<pctVal>0.4918852330293</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-07-01</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>15.324738</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>UTAH INFRASTRUCTURE AGENCY</name>
				<lei>549300WD2FDRNXU16V82</lei>
				<title>UTAH INFRASTRUCTURE AGENCY</title>
				<cusip>917467AH5</cusip>
				<identifiers>
					<isin value="US917467AH51"/>
					<ticker value="UTSFAC"/>
				</identifiers>
				<balance>2345000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2505022.8</valUSD>
				<pctVal>0.4231708736458</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2037-10-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CONNECTICUT ST SPL TAX OBLIG R</name>
				<lei>N/A</lei>
				<title>STATE OF CONNECTICUT SPECIAL TAX REVENUE</title>
				<cusip>207758A60</cusip>
				<identifiers>
					<isin value="US207758A605"/>
					<ticker value="CTSGEN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1257760.00</valUSD>
				<pctVal>0.2124720773147</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2040-05-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PUBLIC FINANCE AUTHORITY</name>
				<lei>5493004S6D3NA627K012</lei>
				<title>PUBLIC FINANCE AUTHORITY</title>
				<cusip>74439YDT5</cusip>
				<identifiers>
					<isin value="US74439YDT55"/>
					<ticker value="PUBFIN"/>
				</identifiers>
				<balance>2050000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2203545.00</valUSD>
				<pctVal>0.3722425451648</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2059-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>4.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY</title>
				<cusip>69650MAY5</cusip>
				<identifiers>
					<isin value="US69650MAY57"/>
					<ticker value="PALMED"/>
				</identifiers>
				<balance>735000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>849843.75</valUSD>
				<pctVal>0.1435632131372</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2042-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>5.00</annualizedRt>
					<isDefault>N</isDefault>
					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
					<isPaidKind>N</isPaidKind>
				</debtSec>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
		</invstOrSecs>
		<signature>
			<ncom:dateSigned>2020-08-20</ncom:dateSigned>
			<ncom:nameOfApplicant>BNY Mellon Advantage Funds, Inc.</ncom:nameOfApplicant>
			<ncom:signature>James Windels</ncom:signature>
			<ncom:signerName>James Windels</ncom:signerName>
			<ncom:title>Fund Treasurer</ncom:title>
		</signature>
	</formData>
	<documents>XXXX</documents>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>NPORT-EX
<SEQUENCE>2
<FILENAME>c10287bnymellonstr-june20201.htm
<TEXT>
<html>
<head>
<title>Untitled Document</title>
</head><body><p style="font-family:Arial; font-size:11.5pt; font-style:normal; font-weight:normal; text-align:left;">STATEMENT
OF INVESTMENTS<br>BNY Mellon&#160;Strategic Municipals, Inc.</p><p style="font-family:Arial; font-size:9.0pt;
font-style:normal; font-weight:normal; text-align:left;">June 30, 2020 (Unaudited)</p><table cellpadding="0"
cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td style="width:35%">&nbsp;</td><td
style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:13.01%">&nbsp;</td><td
style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:1%">&nbsp;</td></tr><tr><td colspan=10 style="background-color:#d9d9d9; border-top:1.5pt;
border-top-color:#000000; border-top-style:solid;  font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description </p></td><td colspan=2
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Maturity</p><p style="color:#000000; font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:right;">Date</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal</p><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Amount
($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Bonds and Notes - .3% </p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Collateralized
Municipal-Backed Securities - .3% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Arizona
Industrial Development Authority, Revenue Bonds, Ser. 2019-2<br>(cost $1,899,465)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.63</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5/20/2033</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,730,578</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">1,801,169</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
colspan=2 style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
 vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Long-Term Municipal Investments
- 98.8%</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000;
border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Alabama - 3.2% </p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Alabama Special Care
Facilities Financing Authority, Revenue Bonds (Methodist Home for the Aging Obligated Group)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.75</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2045</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,017,520</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Jefferson County, Revenue
Bonds, Refunding, Ser. F</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">0/7.90</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2050</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>a</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,422,725</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">The Lower Alabama Gas District, Revenue Bonds, Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">9/1/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8,266,980</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">University of Alabama
at Birmingham, Revenue Bonds, Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,377,060</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">19,084,285</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Arizona - 4.9% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Arizona Industrial Development Authority, Revenue Bonds (Academics
of Math &amp; Science Obligated Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2054</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,275,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,296,254</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Arizona Industrial Development Authority, Revenue Bonds (Cadence
Campus Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/15/2030</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">625,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">640,169</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Arizona Industrial Development Authority, Revenue Bonds (Cadence
Campus Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/15/2040</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">925,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">869,001</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Arizona Industrial Development Authority, Revenue Bonds, Refunding
(Basis Schools Projects) Ser. D</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2051</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">380,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">397,092</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Arizona Industrial Development Authority, Revenue Bonds, Refunding
(Basis Schools Projects) Ser. D</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2047</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,035,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,084,111</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Glendale Industrial Development Authority, Revenue Bonds, Refunding
(Sun Health Services Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2054</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,074,300</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Arizona
- 4.9% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">La
Paz County Industrial Development Authority, Revenue Bonds (Charter School Solutions) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2/15/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,480,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,708,135</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Maricopa County Industrial Development Authority, Revenue Bonds
(Benjamin Franklin Charter School Obligated Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2052</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,335,610</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Maricopa County Industrial Development Authority, Revenue Bonds,
Refunding (Paradise Schools Projects Paragon Management)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2047</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,065,200</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tempe Industrial Development Authority, Revenue Bonds (Mirabella
at ASU Project) Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.35</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2025</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,015,900</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2018-XF2537), (Salt
Verde Financial Corporation, Revenue Bonds) Recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.31</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2037</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,010,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,287,529</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">The Phoenix Industrial Development Authority, Revenue Bonds,
Refunding (BASIS Schools Projects) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2046</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,071,440</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">The Phoenix Industrial Development Authority, Revenue Bonds,
Refunding (BASIS Schools Projects) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2035</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,360,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,484,490</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">The Pima County Industrial Development Authority, Revenue Bonds
(American Leadership Academy Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2047</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,929,800</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">29,259,031</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">California
- 2.9% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">California
Municipal Finance Authority, Revenue Bonds, Refunding (William Jessup University)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">8/1/2039</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,038,410</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">California Public Finance Authority, Revenue Bonds (NCCD-Claremont
Properties-Claremont Colleges Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2047</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">750,000</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">California Statewide Communities Development Authority, Revenue
Bonds (Loma Linda University Medical Center Obligated Group)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.50</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2058</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,080,980</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">California
- 2.9% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">California
Statewide Communities Development Authority, Revenue Bonds, Refunding (Bentley School) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2040</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,090,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,110,900</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">San Buenaventura, Revenue
Bonds (Community Memorial Health System)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7.50</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2041</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,117,180</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">San Francisco City &amp; County Redevelopment Agency, Special
Tax Bonds, Refunding, Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8/1/2023</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,078,900</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0379), (Los Angeles Department of Water &amp; Power, Revenue Bonds, Refunding)
Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.91</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2043</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,250,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,646,775</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0434), (The
Regents of the University of California, Revenue Bonds, Refunding) Recourse, Underlying Coupon Rate (%)
5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.98</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/15/2038</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,581,750</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0440), (Los
Angeles Department of Airports, Revenue Bonds, Refunding (Los Angeles International Airport)) Recourse,
Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.83</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/15/2031</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">517,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">538,125</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2020-XF2876), (San
Francisco California City &amp; County Airport Commission, Revenue Bonds, Refunding) Ser. E, Recourse,
Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.46</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/1/2050</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,940,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,465,888</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">17,408,908</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Colorado
- 2.9% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Denver
City &amp; County, Revenue Bonds, Refunding (United Airlines Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10/1/2032</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,006,230</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Dominion Water &amp; Sanitation District, Revenue Bonds</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,625,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,833,634</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Hess Ranch Metropolitan
District No. 6, GO, Ser. A1</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,015,060</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Colorado
- 2.9% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender
Option Bond Trust Receipts (Series 2016-XM0385), (Board of Governors of the Colorado State University,
Revenue Bonds) Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">16.62</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3/1/2038</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,875,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,451,375</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0433), (Colorado
Springs, Revenue Bonds) Recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.82</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2043</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,440,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,648,288</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2020-XM0829), (Colorado
Health Facilities Authority, Revenue Bonds, Refunding (CommonSpirit Health Obligated Group)) Ser. A1,
Recourse, Underlying Coupon Rate (%) 4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">16.86</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">8/1/2044</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,110,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,391,784</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Vauxmont Metropolitan District, GO, Refunding (Insured; Assured
Guaranty Municipal Corp.)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.25</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/15/2050</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">800,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">848,248</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">17,194,619</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Connecticut - 1.6% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Connecticut, Special Tax Bonds, Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5/1/2040</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,257,760</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Connecticut Health &amp; Educational Facilities Authority, Revenue
Bonds, Refunding (Trinity Health Obligated Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2045</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,896,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Connecticut Housing Finance Authority, Revenue Bonds, Refunding,
Ser. A1</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.65</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2032</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,555,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,700,361</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Harbor Point Infrastructure
Improvement District, Tax Allocation Bonds, Refunding (Harbor Point Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4/1/2039</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,500,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,709,230</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;
 font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">9,563,351</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">District
of Columbia - 1.5% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Metropolitan
Washington Airports Authority, Revenue Bonds, Refunding (Dulles Metrorail &amp; Capital Improvement Projects)
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2039</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,179,810</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Metropolitan Washington
Airports Authority, Revenue Bonds, Refunding, Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10/1/2049</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,079,400</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">District
of Columbia - 1.5% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender
Option Bond Trust Receipts (Series 2016-XM0437), (District of Columbia, Revenue Bonds) Recourse, Underlying
Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.83</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2035</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,885,100</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">9,144,310</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Florida
- 6.3% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Atlantic
Beach, Revenue Bonds (Fleet Landing Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2053</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,038,730</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Florida Development Finance Corp., Revenue Bonds (Miami Arts
Charter School Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,449,400</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Miami-Dade County, Revenue Bonds</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">0.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10/1/2045</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,261,110</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Mid-Bay Bridge Authority, Revenue Bonds, Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7.25</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10/1/2021</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,510,780</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Palm Beach County Health Facilities Authority, Revenue Bonds
(ACTS Retirement-Life Communities Obligated Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2045</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,850,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,195,904</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Palm Beach County Health Facilities Authority, Revenue Bonds
(ACTS Retirement-Life Communities Obligated Group) Ser. B</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2042</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">735,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">849,844</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Palm Beach County Health Facilities Authority, Revenue Bonds
(Lifespace Communities Obligated Group) Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5/15/2053</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,600,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,153,398</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Pinellas County Industrial Development Authority, Revenue Bonds
(Foundation for Global Understanding)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2029</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,102,840</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Seminole County Industrial
Development Authority, Revenue Bonds, Refunding (Legacy Pointe at UCF Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.75</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2054</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,212,375</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">St. Johns County Industrial Development Authority, Revenue Bonds,
Refunding (Presbyterian Retirement Communities Project) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">8/1/2020</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,500,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,529,510</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2019-XF0813), (Fort
Myers Florida Utility, Revenue Bonds) Non-recourse, Underlying Coupon Rate (%) 4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">14.05</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10/1/2049</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">855,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,328,345</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Florida
- 6.3% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender
Option Bond Trust Receipts (Series 2019-XM0782), (Palm Beach County Florida Health Facilities Authority,
Revenue Bonds, Refunding (Baptist Health South Florida Obligated Group)) Recourse, Underlying Coupon
Rate (%) 4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">13.92</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8/15/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,385,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,975,038</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2020-XF2877), (Greater
Orlando Aviation Authority, Revenue Bonds) Ser. A, Recourse, Underlying Coupon Rate (%) 4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">13.85</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,165,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,624,068</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Village Community Development District No.10, Special Assessment
Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/1/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">900,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">989,505</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">37,220,847</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Georgia - 2.1% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Atlanta Water &amp; Wastewater, Revenue Bonds, Ser. D</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3.50</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2028</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,665,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,796,452</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0435), (Private
Colleges &amp; Universities Authority, Revenue Bonds, Refunding (Emory University)) Recourse, Underlying
Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.83</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2043</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,618,450</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2019-XF2847), (Municipal
Electric Authority of Georgia, Revenue Bonds (Plant Vogtle Unis 3&amp;4 Project)) Ser. A, Recourse, Underlying
Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.65</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2056</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">900,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,478,025</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2020-XM0825), (Brookhaven
Development Authority, Revenue Bonds (Children's Healthcare of Atlanta) Ser. A) Recourse, Underlying
Coupon Rate (%) 4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">15.32</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,585,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,911,788</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">The Burke County Development Authority, Revenue Bonds, Refunding
(Oglethorpe Power Corp.) Ser. D</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.13</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2045</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,400,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,604,984</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">12,409,699</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Hawaii - .3% </p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Hawaii Department of Budget &amp; Finance, Revenue Bonds, Refunding
(Hawaiian Electric Co.)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3/1/2037</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">1,619,325</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Idaho
- .8% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Power
County Industrial Development Corp., Revenue Bonds (FMC Corp. Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.45</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">8/1/2032</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">5,024,250</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Illinois - 11.6% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Chicago Board of Education, GO, Refunding, Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2034</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,400,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,506,274</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago Board of Education,
GO, Ser. D</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,105,680</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago Board of Education,
GO, Ser. H</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,121,940</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago II, GO, Refunding,
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2038</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,391,650</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago II, GO, Ser.
A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,278,880</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago II, GO, Ser.
A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.50</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,097,340</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago O'Hare International
Airport, Revenue Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.63</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2035</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,015,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,035,767</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chicago O'Hare International
Airport, Revenue Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.63</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2021</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,235,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,294,876</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Chicago O'Hare International Airport, Revenue Bonds, Refunding,
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2048</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,585,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,225,604</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois, GO, Refunding,
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2028</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,225,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,541,211</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois, GO, Refunding,
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2029</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,100,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,198,879</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois, GO, Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/1/2038</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,900,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,165,161</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois, GO, Ser. B</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2030</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,631,550</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois, GO, Ser. C</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2029</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,120,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,210,440</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois, GO, Ser. D</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2028</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,825,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,074,052</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois Finance Authority,
Revenue Bonds, Refunding (Lutheran Life Communities Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/1/2040</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,750,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,730,067</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Metropolitan Pier &amp; Exposition Authority, Revenue Bonds (McCormick
Place Expansion Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2057</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,104,060</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Metropolitan Pier &amp;
Exposition Authority, Revenue Bonds (McCormick Place Project) (Insured; National Public Finance Guarantee
Corp.) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">0.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/15/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,290,750</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Metropolitan Pier &amp; Exposition Authority, Revenue Bonds,
Refunding (McCormick Place Expansion Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">0.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/15/2054</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">21,800,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,330,352</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Metropolitan Pier &amp; Exposition Authority, Revenue Bonds,
Refunding (McCormick Place Expansion Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/15/2050</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,602,450</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Illinois
- 11.6% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Metropolitan
Pier &amp; Exposition Authority, Revenue Bonds, Refunding (McCormick Place Project) Ser. B</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/15/2028</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,080,280</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Metropolitan Pier &amp;
Exposition Authority, Revenue Bonds, Refunding (McCormick Place Project) Ser. B</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/15/2052</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,650,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,669,536</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Railsplitter Tobacco Settlement Authority, Revenue Bonds</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2021</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,050,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,312,499</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser.
A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2038</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,141,680</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0378), (Greater Chicago Metropolitan Water Reclamation District, Revenue Bonds)
Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.40</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2032</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,875,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,242,275</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2017-XM0492), (Illinois
Finance Authority, Revenue Bonds, Refunding (The University of Chicago)) Non-recourse, Underlying Coupon
Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.82</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2040</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,953,690</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">University of Illinois, Revenue Bonds (Auxiliary Facilities System)
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4/1/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,096,920</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">68,433,863</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Indiana - 1.8% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Indiana Finance Authority, Revenue Bonds (Green Bond) (RES Polyflow
Indiana)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3/1/2039</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,175,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,397,814</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Indiana Finance Authority, Revenue Bonds (Ohio Valley Electric
Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2039</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,585,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,642,139</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Indiana Finance Authority,
Revenue Bonds (Ohio Valley Electric Project) Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/1/2030</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,029,030</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Indiana Finance Authority, Revenue Bonds (Parkview Health System
Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2043</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,173,740</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Indiana Finance Authority,
Revenue Bonds, Refunding</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3/1/2039</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,400,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,412,810</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">10,655,533</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Iowa - 1.3% </p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Iowa Finance Authority, Revenue Bonds, Refunding (Iowa Fertilizer
Co. Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2025</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7,375,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">7,702,081</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Kansas
- .5% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Kansas
Development Finance Authority, Revenue Bonds (Village Shalom Project) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2053</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">904,240</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Kansas Development Finance Authority, Revenue Bonds (Village
Shalom Project) Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2025</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,937,840</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">2,842,080</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Kentucky - .5% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Kentucky Public Energy Authority, Revenue Bonds, Ser. A1</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2025</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">2,812,100</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Louisiana
- 1.2% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Louisiana
Local Government Environmental Facilities &amp; Community Development Authority, Revenue Bonds, Refunding
(Westlake Chemical Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.50</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2032</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,100,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,230,293</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2018-XF2584), (Louisiana Public Facilities Authority, Revenue Bonds (Franciscan Missionaries
of Our Lady Health System Project)) Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.31</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2047</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,690,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,037,717</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;
 font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">7,268,010</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Maine
- .5% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Maine
Health &amp; Higher Educational Facilities Authority, Revenue Bonds (Maine General Medical Center Obligated
Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7.50</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2032</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">3,120,960</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Maryland
- 1.1% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Maryland
Health &amp; Higher Educational Facilities Authority, Revenue Bonds (Adventist Healthcare Obligated Group)
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.50</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,250,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,578,120</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0391), (Mayor &amp; City Council of Baltimore, Revenue Bonds, Refunding (Water
Projects)) Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.35</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2042</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,250,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,197,565</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;
 font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">6,775,685</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Massachusetts
- 3.2% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Lowell
Collegiate Charter School, Revenue Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/15/2049</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,750,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,754,410</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Massachusetts
- 3.2% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Massachusetts
Development Finance Agency, Revenue Bonds, Refunding (NewBridge Charles Obligated Group)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2057</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,016,950</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Massachusetts Development Finance Agency, Revenue Bonds, Refunding,
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2025</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,400,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,628,970</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0368), (Massachusetts Development Finance Agency, Revenue Bonds, Refunding (Harvard
University)) Non-recourse, Underlying Coupon Rate (%) 5.25</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">18.87</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2/1/2021</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,500,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,787,200</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0372), (Massachusetts,
GO) Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.85</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4/1/2027</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,150,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,449,774</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0389), (Massachusetts
School Building Authority, Revenue Bonds) Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.85</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5/15/2043</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,500,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,514,875</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2018-XF0610), (Massachusetts
Transportation Fund, Revenue Bonds (Rail Enhancement &amp; Accelerated Bridge Programs)) Non-recourse,
Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.67</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2047</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,190,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,831,926</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">18,984,105</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Michigan
- 5.2% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Detroit
Water Supply System, Revenue Bonds, Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2021</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,142,140</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Great Lakes Water Authority Sewage Disposal System, Revenue Bonds,
Refunding, Ser. C</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,583,170</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Michigan Finance Authority,
Revenue Bonds (Beaumont Health Credit Obligated Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/1/2044</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5,165,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,829,581</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Michigan Finance Authority, Revenue Bonds, Refunding (Great Lakes
Water Authority) (Insured; Assured Guaranty Municipal Corp.) Ser. C3</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2031</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,284,200</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Michigan
- 5.2% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Michigan
Finance Authority, Revenue Bonds, Refunding (Insured; National Public Finance Guarantee Corp.) Ser. D6</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,272,500</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Michigan Finance Authority,
Revenue Bonds, Refunding, Ser. D2</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2034</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,343,900</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Michigan Tobacco Settlement
Finance Authority, Revenue Bonds, Refunding, Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.88</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/1/2042</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,026,950</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Michigan Tobacco Settlement Finance Authority, Revenue Bonds,
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2048</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,000,760</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2019-XF2837), (Michigan State Finance Authority, Revenue Bonds (Henry Ford Health System))
Recourse, Underlying Coupon Rate (%) 4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">13.33</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2050</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,465,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,040,027</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;
 font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">30,523,228</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Minnesota
- .6% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Dakota
County Community Development Agency, Revenue Bonds (Insured; GNMA/FNMA/FHLMC) Ser. 2006A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.30</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2039</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">9,580</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">9,588</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Duluth Economic Development
Authority, Revenue Bonds, Refunding (Essentia Health Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2/15/2058</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,403,230</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">3,412,818</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Mississippi
- .9% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Mississippi
Development Bank, Revenue Bonds, Refunding (Magnolia Regional Health Center Project) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6.50</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2031</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">5,513,255</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Missouri
- 2.5% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Kansas
City Industrial Development Authority, Revenue Bonds, Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3/1/2044</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,185,720</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">St. Louis County Industrial Development Authority, Revenue Bonds
(Friendship Village St. Louis Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.13</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">9/1/2049</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,975,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,067,850</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">St. Louis County Industrial Development Authority, Revenue Bonds
(Friendship Village St. Louis Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.13</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">9/1/2048</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,025,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,089,597</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">St. Louis Land Clearance for Redevelopment Authority, Revenue
Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.13</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,845,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5,343,018</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Missouri
- 2.5% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">The
St. Louis Missouri Industrial Development Authority, Tax Allocation Bonds (St. Louis Innovation District
Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.38</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/15/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,292,975</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">14,979,160</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Multi-State - .5% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Federal Home Loan Mortgage Corp. Multifamily Variable Rate Certificates,
Revenue Bonds, Ser. M048</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.15</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/15/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,485,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">2,778,603</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Nevada - .8% </p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Clark County School District, GO (Insured; Assured Guaranty Municipal
Corp.) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,759,695</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Reno, Revenue Bonds,
Refunding (Insured; Assured Guaranty Municipal Corp.)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/1/2058</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,750,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,808,685</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">4,568,380</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New
Jersey - 3.0% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Essex
County Improvement Authority, Revenue Bonds (Covanta Holding)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2045</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,002,770</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New Jersey Economic Development Authority, Revenue Bonds, Refunding,
Ser. XX</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2027</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,467,400</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New Jersey Housing &amp;
Mortgage Finance Agency, Revenue Bonds, Refunding, Ser. D</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4/1/2025</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,560,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,747,996</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New Jersey Transportation Trust Fund Authority, Revenue Bonds</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,775,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,938,495</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New Jersey Transportation
Trust Fund Authority, Revenue Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2043</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,234,540</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New Jersey Transportation
Trust Fund Authority, Revenue Bonds, Ser. AA</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/15/2033</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,638,900</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2018-XF2538), (New
Jersey Economic Development Authority, Revenue Bonds) Recourse, Underlying Coupon Rate (%) 5.25</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">18.33</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/15/2040</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">815,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,084,635</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tobacco Settlement Financing Corp., Revenue Bonds, Refunding,
Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,410,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,745,987</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">17,860,723</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New
Mexico - 1.2% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Farmington,
Revenue Bonds, Refunding (Public Service Company of New Mexico San Juan Project) Ser. D</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.90</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/1/2040</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">7,008,540</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New York - 6.4% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New York City, GO, Ser. D1</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3/1/2050</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,750,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,130,847</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New York City Educational Construction Fund, Revenue Bonds, Ser.
A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6.50</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4/1/2027</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,490,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,693,397</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New York City Industrial
Development Agency, Revenue Bonds (Yankee Stadium Project) (Insured; Assured Guaranty Corp.)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3/1/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5,025,550</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New York Convention
Center Development Corp., Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. B</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">0.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,885,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,556,676</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New York Liberty Development Corp., Revenue Bonds, Refunding
(Class 1-3 World Trade Center)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7,266,350</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">New York State Dormitory Authority, Revenue Bonds, Refunding
(Montefiore Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">9/1/2045</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,081,490</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New York Transportation
Development Corp., Revenue Bonds (LaGuardia Airport Terminal B Redevelopment Project) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.25</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2050</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,796,800</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Niagara Area Development
Corp., Revenue Bonds, Refunding (Covanta Holding Project) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.75</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/1/2042</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,021,140</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Port Authority of New York &amp; New Jersey, Revenue Bonds (JFK
International Air Terminal Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,015,980</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0370), (New York City Transitional Finance Authority, Revenue Bonds) Non-recourse,
Underlying Coupon Rate (%) 5.25</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">18.87</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2025</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,250,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,327,138</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0438), (New
York City Transitional Finance Authority, Revenue Bonds) Recourse, Underlying Coupon Rate (%) 5.50</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">19.80</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2027</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,250,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,330,488</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">New
York - 6.4% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender
Option Bond Trust Receipts (Series 2020-XM0826), (Metropolitan Transportation Authority, Revenue Bonds,
Refunding (Green Bond) (Insured; Assured Guaranty Municipal Corp.)) Ser. C, Non-recourse, Underlying
Coupon Rate (%) 4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">13.81</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2046</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,765,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,440,430</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">TSASC, Revenue Bonds, Refunding, Ser. B</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/1/2045</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,165,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,185,294</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">37,871,580</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">North
Carolina - .8% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">North
Carolina Medical Care Commission, Revenue Bonds, Refunding (Pennybyrn at Maryfield Obligated Group)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2035</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,005,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">946,569</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2019-XF0792), (North Carolina Medical Care Commission, Revenue Bonds, Ser. A) Non-recourse,
Underlying Coupon Rate (%) 4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">14.23</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/1/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,674,100</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">4,620,669</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Ohio
- 6.7% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Buckeye
Tobacco Settlement Financing Authority, Revenue Bonds, Refunding, Ser. A2</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/1/2048</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,250,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,353,137</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Buckeye Tobacco Settlement Financing Authority, Revenue Bonds,
Refunding, Ser. B2</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2055</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">14,250,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">15,028,620</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Canal Winchester Local
School District, GO, Refunding (Insured; National Public Finance Guarantee Corp.)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">0.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2031</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,955,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,163,051</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Canal Winchester Local School District, GO, Refunding (Insured;
National Public Finance Guarantee Corp.)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">0.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2029</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,955,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,357,558</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Cuyahoga County, Revenue Bonds, Refunding (The MetroHealth System)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2/15/2052</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,185,900</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Franklin County Convention
Facilities Authority, Revenue Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,250,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,175,388</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Muskingum County, Revenue
Bonds (Genesis HealthCare System Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2/15/2022</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,590,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,840,063</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Ohio
- 6.7% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Ohio
Air Quality Development Authority, Revenue Bonds (Pratt Paper OH Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.50</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1/15/2048</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,250,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,331,765</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2016-XM0380), (Hamilton
County, Revenue Bonds, Refunding (The Metropolitan Sewer District of Greater Cincinnati)) Non-recourse,
Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.85</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2038</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,250,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,454,475</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">39,889,957</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Oklahoma
- .3% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Oklahoma
Development Finance Authority, Revenue Bonds (OU Medicine Project) Ser. B</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">8/15/2048</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">1,724,100</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Oregon - .3% </p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Clackmas County Hospital Facility Authority, Revenue Bonds, Refunding
(Senior Living-Willamette View Project) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/15/2047</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">1,548,420</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Pennsylvania - 2.1% </p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Allentown School District, GO, Refunding (Insured; Build America
Mutual) Ser. B</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2/1/2031</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,942,320</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Crawford County Hospital
Authority, Revenue Bonds, Refunding (Meadville Medical Center Project) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/1/2046</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,175,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,278,200</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Pennsylvania Higher Educational Facilities Authority, Revenue
Bonds, Refunding (University of Sciences)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/1/2036</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,675,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,757,320</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Pennsylvania Housing Finance Agency, Revenue Bonds, Refunding,
Ser. 114A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3.35</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2026</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,540,365</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0373), (Geisinger Authority, Revenue Bonds (Geisinger Health System)) Non-recourse,
Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">18.18</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6/1/2041</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">750,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">838,530</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">The Philadelphia School District, GO (Insured; State Aid Withholding)
Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">9/1/2036</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,740,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,165,440</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">12,522,175</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Rhode
Island - 1.5% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Providence
Public Building Authority, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">9/15/2038</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7,035,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">8,701,240</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">South
Carolina - 1.3% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">South
Carolina Jobs-Economic Development Authority, Revenue Bonds (Bishop Gadsden Episcopal Retirement Community
Obligated Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4/1/2054</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,055,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2016-XM0384), (South Carolina Public Service Authority, Revenue Bonds, Refunding (Santee
Cooper)) Non-recourse, Underlying Coupon Rate (%) 5.13</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">13.45</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2043</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,373,450</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;
 font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">7,428,450</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tennessee
- .3% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender
Option Bond Trust Receipts (Series 2016-XM0388), (Metropolitan Government of Nashville &amp; Davidson
County, Revenue Bonds, Refunding) Non-recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.61</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2040</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,250,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">1,798,600</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Texas - 7.2% </p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Central Texas Regional
Mobility Authority, Revenue Bonds</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2048</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,780,450</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Central Texas Regional
Mobility Authority, Revenue Bonds, Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1/1/2045</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,500,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,641,435</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Clifton Higher Education Finance Corp., Revenue Bonds (Uplift
Education) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.50</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/1/2044</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,552,625</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Clifton Higher Education
Finance Corp., Revenue Bonds, Refunding (Uplift Education) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2020</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,500,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,557,300</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Clifton Higher Education Finance Corp., Revenue Bonds, Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.75</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8/15/2045</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,900,185</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Clifton Higher Education
Finance Corp., Revenue Bonds, Ser. D</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6.13</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8/15/2048</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">6,628,500</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Grand Parkway Transportation
Corp., Revenue Bonds, Refunding</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,155,260</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Harris County-Houston
Sports Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">0.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2050</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>e</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,755,650</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Mission Economic Development Corp., Revenue Bonds, Refunding
(Natgasoline Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.63</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2031</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,575,810</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Texas
- 7.2% (continued)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender
Option Bond Trust Receipts (Series 2016-XM0377), (San Antonio, Revenue Bonds) Non-recourse, Underlying
Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.85</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2/1/2043</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4,185,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,715,831</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Texas Private Activity Bond Surface Transportation Corp., Revenue
Bonds (Blueridge Transportation Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/31/2050</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,300,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,354,652</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Texas Private Activity
Bond Surface Transportation Corp., Revenue Bonds (Segment 3C Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">6/30/2058</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8,930,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10,162,697</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">42,780,395</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">U.S.
Related - 1.1% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Guam
Housing Corp., Revenue Bonds (Insured; Federal Home Loan Mortgage Corp.) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.75</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">9/1/2031</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">965,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">999,865</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Guam Waterworks Authority, Revenue Bonds</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.63</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2020</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>f</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Puerto Rico, GO, Refunding (Insured; Assured Guaranty Municipal
Corp.) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2035</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,500,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,542,945</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7
style="background-color:#d9d9d9;  font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;
 vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:bold; text-align:right;">6,542,810</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Utah - .7% </p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Utah Charter School Finance Authority, Revenue Bonds, Refunding
(Summit Academy) Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4/15/2049</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,190,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,425,227</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Utah Infrastructure
Agency, Revenue Bonds, Refunding, Ser. A</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10/15/2037</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,345,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,505,023</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">3,930,250</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Virginia
- 1.9% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Chesterfield
County Economic Development Authority, Revenue Bonds, Refunding (Brandermill Woods Project)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.13</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1/1/2043</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,100,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,102,247</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust
Receipts (Series 2018-XM0593), (Hampton Roads Transportation Accountability Commission, Revenue Bonds)
Non-recourse, Underlying Coupon Rate (%) 5.50</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">20.20</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">7/1/2057</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,875,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,770,662</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Virginia Small Business Financing Authority, Revenue Bonds (Transform
66 P3 Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">12/31/2056</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">3,380,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,725,199</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Virginia Small Business
Financing Authority, Revenue Bonds (Transform 66 P3 Project)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/31/2052</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,620,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,791,817</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">11,389,925</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:9.0pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Arial; font-style:italic; font-weight:normal;">STATEMENT OF INVESTMENTS (Unaudited)
(continued)</font></p><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:35%">&nbsp;</td><td style="width:6%">&nbsp;</td><td style="width:9%">&nbsp;</td><td style="width:1%">&nbsp;</td><td
style="width:13.01%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td
style="width:4%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:1%">&nbsp;</td></tr><tr><td
colspan=10 style="background-color:#d9d9d9; border-top:1.5pt; border-top-color:#000000; border-top-style:solid;
 font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;">Description</p></td><td
colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;"> Coupon <br>Rate (%)</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;"><font style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-weight:normal;"> </font>Maturity Date</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">Principal
Amount ($)</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">Value ($)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:top">&nbsp;</td></tr><tr><td colspan=5 style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid;  vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left;
text-indent:-07.20pt;">Long-Term Municipal Investments - 98.8%<font style="color:#141414; font-family:Cambria;
font-weight:normal;"> </font>(continued)</p></td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:top">&nbsp;</td></tr><tr><td
colspan=5 style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Washington
- 3.7% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">King
County School District No. 210, GO (Insured; School Bond Guaranty)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">12/1/2034</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,352,920</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Port of Seattle, Revenue Bonds, Ser. D</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5/1/2027</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">4,300,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5,227,897</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2017-XF2423), (King
County, Revenue Bonds, Refunding) Recourse, Underlying Coupon Rate (%) 5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">17.97</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1/1/2029</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,000,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,094,590</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Tender Option Bond Trust Receipts (Series 2018-XM0680), (Washington
Convention Center Public Facilities District, Revenue Bonds) Non-recourse, Underlying Coupon Rate (%)
5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">9.02</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2058</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">8,500,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b,c,d</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">10,137,950</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Washington Housing Finance Commission, Revenue Bonds, Refunding
(Presbyterian Retirement Communities Northwest Obligated Group) Ser. A</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1/1/2051</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,200,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">3,107,392</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;
 font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">21,920,749</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Wisconsin
- 1.6% </p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Public
Finance Authority, Revenue Bonds (ACTS Retirement-Life Communities Obligated Group) Ser. A</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">11/15/2041</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,000,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,154,810</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Public Finance Authority,
Revenue Bonds (Appalachian State University Project) (Insured; Assured Guaranty Municipal Corp.) Ser.
A</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4.00</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">7/1/2059</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,050,000</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,203,545</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Public Finance Authority,
Revenue Bonds (Roseman University of Health Sciences)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">4/1/2040</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,175,000</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="font-family:Cambria; font-size:7.5pt;
font-style:normal; font-weight:normal; text-align:left;"><font style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">1,196,702</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Public Finance Authority, Revenue Bonds (Southminster Obligated
Group)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">10/1/2048</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">2,000,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,981,900</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Public Finance Authority, Revenue Bonds, Refunding (Mary's Woods
at Marylhurst Project)</p></td><td style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.25</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5/15/2047</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">750,000</p></td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:left;"><font
style="font-family:Cambria; font-weight:normal;"><sup>b</sup></font></p></td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">776,610</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Wisconsin Health &amp; Educational Facilities Authority, Revenue
Bonds, Refunding (St. Camillus Health System Obligated Group)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">5.00</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">11/1/2054</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">2,000,000</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal;
font-weight:normal; text-align:right;">1,890,360</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=7 style="background-color:#d9d9d9;  font-size:1pt;
vertical-align:bottom">&nbsp;</td><td colspan=2 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">9,203,927</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td colspan=5
style="background-color:#d9d9d9;  vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:7.5pt; font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;"><font
style="color:#141414; font-family:Cambria; font-weight:bold;">Total</font><font style="color:#000000;
font-family:Cambria; font-size:8.0pt; font-weight:bold;"> </font><font style="color:#141414; font-family:Cambria;
font-weight:bold;">Long-Term Municipal Investments</font><br> (cost $536,801,553)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td colspan=3 style="background-color:#d9d9d9;  vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:bold; text-align:right;">585,040,996</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style="font-size:1pt;"><td
style="width:64%">&nbsp;</td><td style="width:1%">&nbsp;</td><td style="width:15%">&nbsp;</td><td style="width:19%">&nbsp;</td><td
style="width:1%">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; border-top:1.0pt; border-top-color:#F2F2F2;
border-top-style:solid; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt;
font-style:normal; font-weight:normal; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;"><font
style="color:#141414; font-family:Cambria; font-weight:bold;">Total Investments </font>(cost $538,701,018)</p></td><td
style="background-color:#d9d9d9; border-top:1.0pt; border-top-color:#F2F2F2; border-top-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; border-top:1.0pt;
border-top-color:#F2F2F2; border-top-style:solid; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">99.1%</p></td><td style="background-color:#d9d9d9;
border-top:1.0pt; border-top-color:#F2F2F2; border-top-style:solid; vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">586,842,165</p></td><td
style="background-color:#d9d9d9; border-top:1.0pt; border-top-color:#F2F2F2; border-top-style:solid;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Cash and Receivables (Net)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">14.2%</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">84,022,679</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Preferred Stock, at redemption value</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">(13.3%)</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">(78,900,000)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:07.20pt;
text-align:left; text-indent:-07.20pt;">Net Assets Applicable to Common Shareholders</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">100.0%</p></td><td
style="background-color:#d9d9d9; vertical-align:bottom;"><p style="color:#141414; font-family:Cambria;
font-size:8.0pt; font-style:normal; font-weight:bold; text-align:right;">591,964,844</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table><p style="font-family:Serif; font-size:8.0pt;
font-style:italic; font-weight:normal; margin-left:10.80pt; text-align:left; text-indent:-10.80pt;">GO&#8212;General
Obligation </p><p style="font-family:Serif; font-size:8.0pt; font-style:italic; font-weight:normal; margin-left:10.80pt;
text-align:left; text-indent:-10.80pt;"><font style="font-family:Serif; font-style:italic; font-weight:normal;"><sup>a</sup></font><font
style="word-spacing:6.4pt;">&nbsp;</font>Zero coupon until a specified date at which time the stated
coupon rate becomes effective until maturity.</p><p style="font-family:Serif; font-size:8.0pt; font-style:italic;
font-weight:normal; margin-left:10.80pt; text-align:left; text-indent:-10.80pt;"><font style="font-family:Serif;
font-style:italic; font-weight:normal;"><sup>b</sup></font><font style="word-spacing:6.4pt;">&nbsp;</font>Security
exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may
be resold in transactions exempt from registration, normally to qualified institutional buyers. At June
30, 2020, these securities were valued at $185,065,326 or 31.26% of net assets.</p><p style="font-family:Serif;
font-size:8.0pt; font-style:italic; font-weight:normal; margin-left:10.80pt; text-align:left; text-indent:-10.80pt;"><font
style="font-family:Serif; font-style:italic; font-weight:normal;"><sup>c</sup></font><font style="word-spacing:6.4pt;">&nbsp;</font>The
Variable Rate shall be determined by the Remarketing Agent in its sole discretion based on prevailing
market conditions and may, but need not, be established by reference to one or more financial indices.</p><p
style="font-family:Serif; font-size:8.0pt; font-style:italic; font-weight:normal; margin-left:10.80pt;
text-align:left; text-indent:-10.80pt;"><font style="font-family:Serif; font-style:italic; font-weight:normal;"><sup>d</sup></font><font
style="word-spacing:6.4pt;">&nbsp;</font>Collateral for floating rate borrowings. The coupon rate given
represents the current interest rate for the inverse floating rate security.</p><p style="font-family:Serif;
font-size:8.0pt; font-style:italic; font-weight:normal; margin-left:10.80pt; text-align:left; text-indent:-10.80pt;"><font
style="font-family:Serif; font-style:italic; font-weight:normal;"><sup>e</sup></font><font style="word-spacing:6.4pt;">&nbsp;</font>Security
issued with a zero coupon. Income is recognized through the accretion of discount.</p><p style="font-family:Serif;
font-size:8.0pt; font-style:italic; font-weight:normal; margin-left:10.80pt; text-align:left; text-indent:-10.80pt;"><font
style="font-family:Serif; font-style:italic; font-weight:normal;"><sup>f</sup></font><font style="word-spacing:6.4pt;">&nbsp;</font>These
securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded
are collateralized by U.S. Government securities which are held in escrow and are used to pay principal
and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.</p>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:11.5pt; font-style:normal; font-weight:normal; text-align:left;">STATEMENT
OF FINANCIAL FUTURES<br>BNY Mellon&#160;Strategic Municipals, Inc.</p><p style="font-family:Arial; font-size:9.0pt;
font-style:normal; font-weight:normal; text-align:left;">June 30, 2020 (Unaudited)</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">The following is a summary
of the inputs used as of June 30, 2020<font style="color:#ff0000; font-family:Serif; font-style:normal;
font-weight:normal;"> </font>in valuing the fund&#8217;s investments:</p><table cellpadding="0" cellspacing="0"
width="100%" style="clear:both"><tr style="font-size:1pt;"><td style="width:28.9%">&nbsp;</td><td style="width:18.36%">&nbsp;</td><td
style="width:18.26%">&nbsp;</td><td style="width:15.89%">&nbsp;</td><td style="width:18.58%">&nbsp;</td></tr><tr><td
style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; text-align:right;">Level
1 - Unadjusted Quoted Prices</p></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid;
vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; text-align:right;">Level 2 - Other Significant Observable Inputs</p></td><td style="border-bottom:0.5pt;
border-bottom-color:#000000; border-bottom-style:solid; vertical-align:bottom;"><p style="color:#000000;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; text-align:right;">Level
3 - Significant Unobservable Inputs</p></td><td style="border-bottom:0.5pt; border-bottom-color:#000000;
border-bottom-style:solid; vertical-align:bottom;"><p style="color:#000000; font-family:Cambria; font-size:8.0pt;
font-style:normal; font-weight:normal; text-align:right;">Total</p></td></tr><tr><td style="vertical-align:top;"><p
style="color:#000000; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:bold; margin-left:11.50pt;
text-align:left; text-indent:-07.20pt;">Assets ($)</p></td><td style="vertical-align:bottom;"><p style="font-family:Serif;
font-size:10.0pt; font-style:normal; font-weight:normal; text-align:left;">&#160;</p></td><td style="vertical-align:bottom;"><p
style="font-family:Serif; font-size:10.0pt; font-style:normal; font-weight:normal; text-align:left;">&#160;</p></td><td
style="vertical-align:bottom;"><p style="font-family:Serif; font-size:10.0pt; font-style:normal; font-weight:normal;
text-align:left;">&#160;</p></td><td style="vertical-align:bottom;"><p style="font-family:Serif; font-size:10.0pt;
font-style:normal; font-weight:normal; text-align:left;">&#160;</p></td></tr><tr><td style="vertical-align:top;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:11.50pt;
text-align:left; text-indent:-07.20pt;">Investments in Securities:<font style="color:#141414; font-family:Cambria;
font-weight:normal;"><sup> &#8224;</sup></font></p></td><td style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="font-size:1pt; vertical-align:bottom">&nbsp;</td></tr><tr><td style="vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:11.50pt;
text-align:left; text-indent:-07.20pt;">Collateralized Municipal-Backed Securities</p></td><td style="vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">-</p></td><td
style="vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; text-align:right;">1,801,169</p></td><td style="vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; text-align:right;">-</p></td><td
style="vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:bold; text-align:right;">1,801,169</p></td></tr><tr><td style="vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; margin-left:11.50pt;
text-align:left; text-indent:-07.20pt;">Municipal Securities</p></td><td style="vertical-align:bottom;"><p
style="color:#141414; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">-</p></td><td
style="vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:normal; text-align:right;">585,040,996</p></td><td style="vertical-align:bottom;"><p style="color:#141414;
font-family:Cambria; font-size:8.0pt; font-style:normal; font-weight:normal; text-align:right;">-</p></td><td
style="vertical-align:bottom;"><p style="color:#141414; font-family:Cambria; font-size:8.0pt; font-style:normal;
font-weight:bold; text-align:right;">585,040,996</p></td></tr><tr><td style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td
style="font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="font-size:1pt; vertical-align:bottom">&nbsp;</td></tr></table><p
style="font-family:Serif; font-size:7.5pt; font-style:italic; font-weight:normal; margin-left:10.80pt;
text-align:left; text-indent:-10.80pt;"><font style="font-family:Agency FB; font-size:8.0pt; font-style:italic;
font-weight:normal;"><sup>&#8224;</sup></font><font style="font-family:Serif; font-size:8.0pt; font-style:italic;
font-weight:normal;"><sup><font style="word-spacing:6.4pt;">&nbsp;</font></sup></font>See Statement of
Investments for additional detailed categorizations, if any.</p>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:11.5pt; font-style:normal; font-weight:normal; text-align:left;">NOTES</p><p
style="font-family:Serif; font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">The
Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) is the
exclusive reference of authoritative U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) recognized
by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities
and Exchange Commission (&#8220;SEC&#8221;) under authority of federal laws are also sources of authoritative
GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting
guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund&#8217;s financial statements
are prepared in accordance with GAAP, which may require the use of management estimates and assumptions.
Actual results could differ from those estimates.</p><p style="font-family:Serif; font-size:10.5pt; font-style:normal;
font-weight:normal; text-align:justify;">The fair value of a financial instrument is the amount that
would be received to sell an asset or paid to transfer a liability in an orderly transaction between
market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy
that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives
the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities
(Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">Additionally, GAAP provides
guidance on determining whether the volume and activity in a market has decreased significantly and whether
such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures
around valuation inputs and techniques used during annual and interim periods.</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">Various inputs are used
in determining the value of the fund&#8217;s investments relating to fair value measurements. These inputs
are summarized in the three broad levels listed below:</p><p style="font-family:Serif; font-size:10.5pt;
font-style:normal; font-weight:normal; margin-left:18.00pt; text-align:justify;"><font style="font-family:Serif;
font-style:normal; font-weight:bold;">Level 1</font>&#8212;unadjusted quoted prices in active markets for
identical investments.</p><p style="font-family:Serif; font-size:10.5pt; font-style:normal; font-weight:normal;
margin-left:18.00pt; text-align:justify;"><font style="font-family:Serif; font-style:normal; font-weight:bold;">Level
2</font>&#8212;other significant observable inputs (including quoted prices for similar investments, interest
rates, prepayment speeds, credit risk, etc.).</p><p style="font-family:Serif; font-size:10.5pt; font-style:normal;
font-weight:normal; margin-left:18.00pt; text-align:justify;"><font style="font-family:Serif; font-style:normal;
font-weight:bold;">Level 3</font>&#8212;significant unobservable inputs (including the fund&#8217;s own assumptions
in determining the fair value of investments).</p><p style="font-family:Serif; font-size:10.5pt; font-style:normal;
font-weight:normal; text-align:justify;">The inputs or methodology used for valuing securities are not
necessarily an indication of the risk associated with investing in those securities.</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">Changes in valuation techniques
may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques
used to value the fund&#8217;s investments are as follows:</p><p style="font-family:Serif; font-size:10.5pt;
font-style:normal; font-weight:normal; text-align:justify;">Investments in securities are valued each
business day by an independent pricing service (the &#8220;Service&#8221;) approved by the fund's Board Members
(the &#8220;Board&#8221;) Investments for which quoted bid prices are readily available and are representative
of the bid side of the market in the judgment of the Service are valued at the mean between the quoted
bid prices (as obtained by the Service from dealers in such securities) and asked prices (as </p>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:11.5pt; font-style:normal; font-weight:normal; text-align:left;">NOTES</p><p
style="font-family:Serif; font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">calculated
by the Service based upon its evaluation of the market for such securities). Debt investments (which
constitute a majority of the portfolio securities) are carried at fair value as determined by the Service,
based on methods which include consideration of the following: yields or prices of municipal securities
of comparable quality, coupon, maturity and type; indications as to values from dealers; and general
market conditions. All of the preceding securities are generally categorized within Level 2 of the fair
value hierarchy.  </p><p style="font-family:Serif; font-size:10.5pt; font-style:normal; font-weight:normal;
text-align:justify;">The Service is engaged under the general oversight of the Board.</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">When market quotations
or official closing prices are not readily available, or are determined not to accurately reflect fair
value, such as when the value of a security has been significantly affected by events after the close
of the exchange or market on which the security is principally traded, but before the fund calculates
its net asset value, the fund may value these investments at fair value as determined in accordance with
the procedures approved by the Board. Certain factors may be considered when fair valuing investments
such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation
of the forces that influence the market in which the securities are purchased and sold, and public trading
in similar securities of the issuer or comparable issuers. These securities are either categorized within
Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">For securities where observable
inputs are limited, assumptions about market activity and risk are used and such securities are generally
categorized within Level 3 of the fair value hierarchy.</p><p style="font-family:Serif; font-size:10.5pt;
font-style:normal; font-weight:normal; text-align:justify;"><font style="font-family:Serif; font-style:normal;
font-weight:bold;">Inverse Floater Securities:</font> The fund participates in secondary inverse floater
structures in which fixed-rate, tax-exempt municipal bonds are transferred to a trust (the &#8220;Inverse
Floater Trust&#8221;). The Inverse Floater Trust typically issues two variable rate securities that are collateralized
by the cash flows of the fixed-rate, tax-exempt municipal bonds. One of these variable rate securities
pays interest based on a short-term floating rate set by a remarketing agent at predetermined intervals
(&#8220;Trust Certificates&#8221;). A residual interest tax-exempt security is also created by the Inverse Floater
Trust, which is transferred to the fund, and is paid interest based on the remaining cash flows of the
Inverse Floater Trust, after payment of interest on the other securities and various expenses of the
Inverse Floater Trust. An Inverse Floater Trust may be collapsed without the consent of the fund due
to certain termination events such as bankruptcy, default or other credit event.</p><p style="font-family:Serif;
font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">The fund accounts for the
transfer of bonds to the Inverse Floater Trust as secured borrowings, with the securities transferred
remaining in the fund&#8217;s investments, and the Trust Certificates reflected as fund liabilities in the
Statement of Assets and Liabilities. </p><p style="font-family:Serif; font-size:10.5pt; font-style:normal;
font-weight:normal; text-align:justify;">The fund may invest in inverse floater securities on either
a non-recourse or recourse basis. These securities are typically supported by a liquidity facility provided
by a bank or other financial institution (the &#8220;Liquidity Provider&#8221;) that allows the holders of the
Trust Certificates to tender their certificates in exchange for payment from the Liquidity </p>

<p><hr color=#000000 noshade></p>
<p style="page-break-before:always;"></p>
<page>

<p style="font-family:Arial; font-size:11.5pt; font-style:normal; font-weight:normal; text-align:left;">NOTES</p><p
style="font-family:Serif; font-size:10.5pt; font-style:normal; font-weight:normal; text-align:justify;">Provider
of par plus accrued interest on any business day prior to a termination event. When the fund invests
in inverse floater securities on a non-recourse basis, the Liquidity Provider is required to make a payment
under the liquidity facility due to a termination event to the holders of the Trust Certificates. When
this occurs, the Liquidity Provider typically liquidates all or a portion of the municipal securities
held in the Inverse Floater Trust. A liquidation shortfall occurs if the Trust Certificates exceed the
proceeds of the sale of the bonds in the Inverse Floater Trust (&#8220;Liquidation Shortfall&#8221;). When a
fund invests in inverse floater securities on a recourse basis, the fund typically enters into a reimbursement
agreement with the Liquidity Provider where the fund is required to repay the Liquidity Provider the
amount of any Liquidation Shortfall. As a result, a fund investing in a recourse inverse floater security
bears the risk of loss with respect to any Liquidation Shortfall.</p><p style="font-family:Serif; font-size:10.5pt;
font-style:normal; font-weight:normal; text-align:justify;">At June 30, 2020, accumulated net unrealized
appreciation on investments was $48,141,147, consisting of $52,398,313 gross unrealized appreciation
and $4,257,166 gross unrealized depreciation. </p><p style="font-family:Serif; font-size:10.5pt; font-style:normal;
font-weight:normal; text-align:justify;">At June 30, 2020, the cost of investments for federal income
tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement
of Investments).</p><p style="font-family:Serif; font-size:10.5pt; font-style:normal; font-weight:normal;
text-align:justify;">Additional investment related disclosures are hereby incorporated by reference to
the annual and semi-annual reports previously filed with the SEC on Form N-CSR.</p>

<p><hr color=#000000 noshade></p>

</body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
