<SEC-DOCUMENT>0001775697-21-000120.txt : 20210222
<SEC-HEADER>0001775697-21-000120.hdr.sgml : 20210222
<ACCEPTANCE-DATETIME>20210222150605
ACCESSION NUMBER:		0001775697-21-000120
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210222
PERIOD START:           	20210930

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:		21659828

	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>
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			<regFileNumber>811-05245</regFileNumber>
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			<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>
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			<repPdEnd>2021-09-30</repPdEnd>
			<repPdDate>2020-12-31</repPdDate>
			<isFinalFiling>N</isFinalFiling>
		</genInfo>
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			<totAssets>620128983.95</totAssets>
			<totLiabs>2708676.43</totLiabs>
			<netAssets>617420307.52</netAssets>
			<assetsAttrMiscSec>0.00</assetsAttrMiscSec>
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				<lei>549300HC854CNBLMWC48</lei>
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				<isRestrictedSec>Y</isRestrictedSec>

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				<name>NEW YORK LIBERTY DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>NEW YORK LIBERTY DEVELOPMENT CORP</title>
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				<identifiers>
					<isin value="US649519DA03"/>
					<ticker value="NYCDEV"/>
				</identifiers>
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				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
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					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			<invstOrSec>
				<name>INDIANA ST FIN AUTH REVENUE</name>
				<lei>549300PS0PAS7NDSSI20</lei>
				<title>INDIANA FINANCE AUTHORITY</title>
				<cusip>45470CAB5</cusip>
				<identifiers>
					<isin value="US45470CAB54"/>
					<ticker value="INDGEN"/>
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				<balance>1585000.00</balance>
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				<curCd>USD</curCd>
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				<pctVal>0.2664555619506</pctVal>
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				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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				<name>RAILSPLITTER TOBACCO SETTLEMENT AUTHORITY</name>
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				<identifiers>
					<isin value="US75076PAT21"/>
					<ticker value="RAIGEN"/>
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				<curCd>USD</curCd>
				<valUSD>5169937.50</valUSD>
				<pctVal>0.8373449070319</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
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					<couponKind>Fixed</couponKind>
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					<isLoanByFund>N</isLoanByFund>
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				<name>SALT VERDE FINANCIAL CORP</name>
				<lei>549300VEWOZY6TQOIF03</lei>
				<title>SALT VERDE FINANCIAL CORP</title>
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					<ticker value="SLTPWR"/>
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				<curCd>USD</curCd>
				<valUSD>1428430.00</valUSD>
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					<ticker value="CTSMED"/>
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					<ticker value="MPNFAC"/>
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				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

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					<ticker value="MESMED"/>
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				<curCd>USD</curCd>
				<valUSD>3069870.00</valUSD>
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				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
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					<couponKind>Fixed</couponKind>
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					<areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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					<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>3665165.00</valUSD>
				<pctVal>0.5936255991841</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>
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				<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>3853465.00</valUSD>
				<pctVal>0.6241234622615</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>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>2165940.00</valUSD>
				<pctVal>0.3508047878599</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>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>5023250.00</valUSD>
				<pctVal>0.813586780159</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>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>3445398.25</valUSD>
				<pctVal>0.5580312484115</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>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>1037625.90</valUSD>
				<pctVal>0.1680582720331</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>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>3276322.00</valUSD>
				<pctVal>0.5306469450543</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>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>1712370.00</valUSD>
				<pctVal>0.277342675507</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 ST FIN AUTH REVENUE</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>8048411.25</valUSD>
				<pctVal>1.3035546696428</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>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>1382730.00</valUSD>
				<pctVal>0.2239527892359</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>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>2594300.80</valUSD>
				<pctVal>0.4201839117376</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>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>2002920.00</valUSD>
				<pctVal>0.3244013803247</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>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>4556182.60</valUSD>
				<pctVal>0.7379385719107</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>6.50</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>4500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4734450.00</valUSD>
				<pctVal>0.7668115127305</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>INDIANA ST FIN AUTH REVENUE</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>1476846.00</valUSD>
				<pctVal>0.239196213991</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>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>3127380.00</valUSD>
				<pctVal>0.5065236698419</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>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>2109820.00</valUSD>
				<pctVal>0.341715355699</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>7.50</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>5597845.00</valUSD>
				<pctVal>0.9066506125276</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>6.50</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>1069390.00</valUSD>
				<pctVal>0.1732029197898</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>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>4769928.00</valUSD>
				<pctVal>0.7725576794128</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>CHICAGO IL MF HSG REVENUE</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>3515100.00</valUSD>
				<pctVal>0.56932043815</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>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>989244.00</valUSD>
				<pctVal>0.1602221352215</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>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>2526600.00</valUSD>
				<pctVal>0.4092188043099</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>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>1097610.00</valUSD>
				<pctVal>0.1777735501458</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>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>2624325.00</valUSD>
				<pctVal>0.4250467579437</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>4.50</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>1813955.00</valUSD>
				<pctVal>0.2937958110393</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>1068224.55</valUSD>
				<pctVal>0.1730141585868</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>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>2115372.00</valUSD>
				<pctVal>0.3426145810617</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>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>5143635.00</valUSD>
				<pctVal>0.8330848430723</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>NEW JERSEY ST TRANSPRTN TRUST</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>1722690.00</valUSD>
				<pctVal>0.2790141462822</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>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>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1535835.00</valUSD>
				<pctVal>0.2487503215061</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>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>1626405.00</valUSD>
				<pctVal>0.2634194211286</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>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>8982720.00</valUSD>
				<pctVal>1.4548792598158</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>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>2264420.00</valUSD>
				<pctVal>0.3667550244817</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>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>2259500.00</valUSD>
				<pctVal>0.3659581605075</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>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>6201960.00</valUSD>
				<pctVal>1.0044956287413</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>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>2289560.00</valUSD>
				<pctVal>0.3708268050327</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>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>2335080.00</valUSD>
				<pctVal>0.3781994164363</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>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>4560000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4760275.20</valUSD>
				<pctVal>0.7709942711668</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>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>2796398.40</valUSD>
				<pctVal>0.45291649237</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>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>1049480.00</valUSD>
				<pctVal>0.1699782121218</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>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>1154935.80</valUSD>
				<pctVal>0.1870582787662</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>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>2248880.00</valUSD>
				<pctVal>0.3642381004656</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>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"/>
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				<balance>1015000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1015000.00</valUSD>
				<pctVal>0.1643936857336</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>
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				<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>423088.20</valUSD>
				<pctVal>0.0685251513186</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>
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				<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"/>
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				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1614555.00</valUSD>
				<pctVal>0.2615001450932</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>888808HR6</cusip>
				<identifiers>
					<isin value="US888808HR61"/>
					<ticker value="TOBGEN"/>
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				<balance>750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>914265.00</valUSD>
				<pctVal>0.1480782197903</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>5.25</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>NEW JERSEY ST ECON DEV AUTH RE</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>4676960.00</valUSD>
				<pctVal>0.7575001895849</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>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>3849405.00</valUSD>
				<pctVal>0.6234658875186</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>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>3982982.30</valUSD>
				<pctVal>0.6451006310431</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>LOUISIANA ST LOCAL GOVT ENVRNM</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>3438954.00</valUSD>
				<pctVal>0.5569875104713</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>3.50</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>1292911.25</valUSD>
				<pctVal>0.2094053652354</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>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>1071220.00</valUSD>
				<pctVal>0.1734993143168</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>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>1258689.60</valUSD>
				<pctVal>0.203862682304</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>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>3195301.00</valUSD>
				<pctVal>0.5175244417914</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>88033UBK4</cusip>
				<identifiers>
					<isin value="US88033UBK43"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>750000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>796477.50</valUSD>
				<pctVal>0.1290008589447</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>18.298</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>1782030.00</valUSD>
				<pctVal>0.2886251032392</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>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>3278982.00</valUSD>
				<pctVal>0.5310777698859</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>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>3926951.60</valUSD>
				<pctVal>0.6360256622872</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>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>986060.00</valUSD>
				<pctVal>0.1597064411374</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>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>1887462.00</valUSD>
				<pctVal>0.3057013151351</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>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>2728248.00</valUSD>
				<pctVal>0.4418785658279</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>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>1263885.70</valUSD>
				<pctVal>0.2047042646</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>18.443259</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>2650290.50</valUSD>
				<pctVal>0.4292522399604</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>17.424653</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>3523695.00</valUSD>
				<pctVal>0.5707125206415</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>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>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1251600.00</valUSD>
				<pctVal>0.2027144207529</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>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>6115485.20</valUSD>
				<pctVal>0.9904898050023</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>18.267</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>1614424.00</valUSD>
				<pctVal>0.2614789277801</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>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>6110280.00</valUSD>
				<pctVal>0.9896467488319</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>2141480.00</valUSD>
				<pctVal>0.3468431429801</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>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>4760000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5396935.60</valUSD>
				<pctVal>0.8741104777842</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>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>2949292.50</valUSD>
				<pctVal>0.4776798663857</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>88033UAZ2</cusip>
				<identifiers>
					<isin value="US88033UAZ21"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>2500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2536300.00</valUSD>
				<pctVal>0.4107898572671</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>18.985</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>801007.50</valUSD>
				<pctVal>0.1297345568721</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>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>6195777.50</valUSD>
				<pctVal>1.0034942849364</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>17.971</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 ST HSG FIN COMMISSI</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>3383712.00</valUSD>
				<pctVal>0.5480402828976</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>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>4579563.60</valUSD>
				<pctVal>0.7417254573946</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>17.572585</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>2247696.00</valUSD>
				<pctVal>0.3640463348263</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>17.971</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>2280468.75</valUSD>
				<pctVal>0.3693543477959</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>17.971</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>3590825.00</valUSD>
				<pctVal>0.581585178891</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>17.971</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>1581112.50</valUSD>
				<pctVal>0.2560836565857</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2021-08-19</maturityDt>
					<couponKind>Variable</couponKind>
					<annualizedRt>18.031</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>2173293.75</valUSD>
				<pctVal>0.3519958322604</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>17.791</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>3466750.00</valUSD>
				<pctVal>0.561489467997</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>88033UD22</cusip>
				<identifiers>
					<isin value="US88033UD222"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>3000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>4962660.00</valUSD>
				<pctVal>0.8037733679239</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>17.971</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>6589250.00</valUSD>
				<pctVal>1.0672227524337</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>17.946802</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>3474100.00</valUSD>
				<pctVal>0.5626799050317</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>17.953005</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>3525165.60</valUSD>
				<pctVal>0.5709507052269</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>17.94043</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>3613770.00</valUSD>
				<pctVal>0.5853014479739</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>88033UCH0</cusip>
				<identifiers>
					<isin value="US88033UCH05"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>5000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>6654750.00</valUSD>
				<pctVal>1.0778314090008</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>13.606</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>5790910.05</valUSD>
				<pctVal>0.937920243223</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>17.971</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>2506140.00</valUSD>
				<pctVal>0.4059050163196</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>4.50</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>3507277.50</valUSD>
				<pctVal>0.5680534730203</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>17.971</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>1616050.00</valUSD>
				<pctVal>0.2617422816057</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>88033UCR8</cusip>
				<identifiers>
					<isin value="US88033UCR86"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1725087.50</valUSD>
				<pctVal>0.2794024555054</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>17.731</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>1167440.00</valUSD>
				<pctVal>0.1890835117959</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>5.50</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>3824043.75</valUSD>
				<pctVal>0.6193582723833</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>INDIANA ST FIN AUTH REVENUE</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>1244620.00</valUSD>
				<pctVal>0.2015839104805</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>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>1295503.00</valUSD>
				<pctVal>0.2098251360088</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>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>4431336.00</valUSD>
				<pctVal>0.7177178894227</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>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>1595040.00</valUSD>
				<pctVal>0.2583394132931</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>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>2705323.05</valUSD>
				<pctVal>0.4381655441277</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>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>3542610.00</valUSD>
				<pctVal>0.5737760739081</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>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>1000000.00</valUSD>
				<pctVal>0.1619642223976</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>18.091</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 ST HLTH &amp; HGR EDUCTNL</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>3857912.50</valUSD>
				<pctVal>0.6248437981407</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>5.50</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 ST TRANSPRTN TRUST</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>2412460.00</valUSD>
				<pctVal>0.3907322079654</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>6947220.00</valUSD>
				<pctVal>1.1252010851254</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>MARICOPA CNTY AZ INDL DEV AUTH</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>2178820.00</valUSD>
				<pctVal>0.3528908870444</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 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>2257100.00</valUSD>
				<pctVal>0.3655694463737</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>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>2068260.00</valUSD>
				<pctVal>0.3349841226161</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>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>11296755.00</valUSD>
				<pctVal>1.8296701391918</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>9.036774</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>1525515.00</valUSD>
				<pctVal>0.2470788507309</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>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>3781950.00</valUSD>
				<pctVal>0.6125405908968</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>20.316</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>5307705.00</valUSD>
				<pctVal>0.8596583130411</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>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>2849325.00</valUSD>
				<pctVal>0.4614887079832</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>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>3259890.00</valUSD>
				<pctVal>0.5279855489519</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>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>4285401.45</valUSD>
				<pctVal>0.694081713511</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>NEW JERSEY ST TRANSPRTN TRUST</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>2095636.00</valUSD>
				<pctVal>0.3394180551685</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>ATLANTA GA WTR &amp; WSTWTR REVENU</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>1460000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1590830.60</valUSD>
				<pctVal>0.2576576410954</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>3.50</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 HSG FIN AUTH HS</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>1711277.50</valUSD>
				<pctVal>0.2771657295941</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>INDIANA ST FIN AUTH REVENUE</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>6093181.25</valUSD>
				<pctVal>0.9868773630842</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>1044150.00</valUSD>
				<pctVal>0.1691149428165</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>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>1639246.00</valUSD>
				<pctVal>0.2654992037084</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>PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY</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>4061646.75</valUSD>
				<pctVal>0.6578414575177</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>MARICOPA CNTY AZ INDL DEV AUTH</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>3518370.00</valUSD>
				<pctVal>0.5698500611572</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>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>1745156.40</valUSD>
				<pctVal>0.2826528992882</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>CHICAGO IL MF HSG REVENUE</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>4391320.00</valUSD>
				<pctVal>0.7112367290992</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>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>3036240.00</valUSD>
				<pctVal>0.4917622506126</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>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>2391380.00</valUSD>
				<pctVal>0.3873180021573</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>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>2412480.00</valUSD>
				<pctVal>0.3907354472499</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>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>4073375.00</valUSD>
				<pctVal>0.659741014409</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>14.352</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>1437674.70</valUSD>
				<pctVal>0.2328518648462</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>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>1239220.00</valUSD>
				<pctVal>0.2007093036796</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>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>2274880.00</valUSD>
				<pctVal>0.3684491702479</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>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>1433535.75</valUSD>
				<pctVal>0.2321815030279</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>14.166</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>3010775.00</valUSD>
				<pctVal>0.4876378316893</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>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>1130050.00</valUSD>
				<pctVal>0.1830276695204</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>GREATER ORLANDO AVIATION AUTHORITY</name>
				<lei>549300CP6PUG5S184F61</lei>
				<title>GREATER ORLANDO AVIATION AUTHORITY</title>
				<cusip>3922742F2</cusip>
				<identifiers>
					<isin value="US3922742F22"/>
					<ticker value="GREAPT"/>
				</identifiers>
				<balance>2000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2298540.00</valUSD>
				<pctVal>0.3722812437499</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-10-01</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>ALACHUA COUNTY HEALTH FACILITIES AUTHORITY</name>
				<lei>N/A</lei>
				<title>ALACHUA COUNTY HEALTH FACILITIES AUTHORITY</title>
				<cusip>010685KJ3</cusip>
				<identifiers>
					<isin value="US010685KJ32"/>
					<ticker value="ALAMED"/>
				</identifiers>
				<balance>1625000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1858415.00</valUSD>
				<pctVal>0.3009967403671</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>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>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>3237501.80</valUSD>
				<pctVal>0.524359461548</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>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>2187150.45</valUSD>
				<pctVal>0.3542401219009</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>14.038033</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>2648516.00</valUSD>
				<pctVal>0.4289648344477</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>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>1898925.00</valUSD>
				<pctVal>0.3075579110164</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>CHICAGO IL MF HSG REVENUE</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>1176420.00</valUSD>
				<pctVal>0.190537950513</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>5.50</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>2362561.55</valUSD>
				<pctVal>0.3826504443123</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>13.888645</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>1126220.00</valUSD>
				<pctVal>0.1824073465486</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>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>1737360.00</valUSD>
				<pctVal>0.2813901614247</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>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>1895075.00</valUSD>
				<pctVal>0.3069343487602</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>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>1139960.00</valUSD>
				<pctVal>0.1846327349644</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>SOUTH CAROLINA ST JOBS-ECON DE</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>1105880.00</valUSD>
				<pctVal>0.1791129942651</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>2420225.00</valUSD>
				<pctVal>0.3919898601523</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>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>860904.00</valUSD>
				<pctVal>0.139435646919</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>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>1096060.00</valUSD>
				<pctVal>0.1775225056011</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>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>1936200.00</valUSD>
				<pctVal>0.3135951274063</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>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>676425.00</valUSD>
				<pctVal>0.1095566491353</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>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>16133137.50</valUSD>
				<pctVal>2.612991070022</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>WISCONSIN ST HLTH &amp; EDUCTNL FA</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>2089820.00</valUSD>
				<pctVal>0.338476071251</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>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>1424250.00</valUSD>
				<pctVal>0.2306775437498</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>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>1414408.50</valUSD>
				<pctVal>0.2290835728551</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>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>1617777.00</valUSD>
				<pctVal>0.2620219938178</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>17.768903</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>1178950.00</valUSD>
				<pctVal>0.1909477199957</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>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>10717875.30</valUSD>
				<pctVal>1.7359123387195</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>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>8794805.25</valUSD>
				<pctVal>1.424443793455</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>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>966588.00</valUSD>
				<pctVal>0.1565526737989</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>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>1336915.00</valUSD>
				<pctVal>0.2165323983867</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>88034U5Y0</cusip>
				<identifiers>
					<isin value="US88034U5Y08"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1765000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2683170.65</valUSD>
				<pctVal>0.4345776478874</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>13.934</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>3193382.50</valUSD>
				<pctVal>0.5172137134307</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>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>2134200.00</valUSD>
				<pctVal>0.345664043441</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>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>2260200.00</valUSD>
				<pctVal>0.3660715354631</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>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>3303261.50</valUSD>
				<pctVal>0.5350101802236</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>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>1254017.65</valUSD>
				<pctVal>0.2031059935551</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>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>2689119.30</valUSD>
				<pctVal>0.435541116359</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>16.980847</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>5637698.00</valUSD>
				<pctVal>0.9131053726828</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>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>1312562.50</valUSD>
				<pctVal>0.2125881646608</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>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>2430000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2750006.70</valUSD>
				<pctVal>0.4454026967538</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>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>1789995.00</valUSD>
				<pctVal>0.2899151482706</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>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>1302630.00</valUSD>
				<pctVal>0.2109794550218</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>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>2249370.00</valUSD>
				<pctVal>0.3643174629346</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>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>2688519.05</valUSD>
				<pctVal>0.4354438973345</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>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>1213380.00</valUSD>
				<pctVal>0.1965241481728</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>88034U5U8</cusip>
				<identifiers>
					<isin value="US88034U5U85"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1585000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>3233400.00</valUSD>
				<pctVal>0.5236951167005</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>15.44277</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>878317.65</valUSD>
				<pctVal>0.1422560352003</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>
			<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>1818450.00</valUSD>
				<pctVal>0.294523840219</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>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>1715623.90</balance>
				<units>OU</units>
				<descOthUnits>Other Units</descOthUnits>
				<curCd>USD</curCd>
				<valUSD>1838222.38</valUSD>
				<pctVal>0.2977262583706</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>CITY &amp; COUNTY OF HONOLULU HI</name>
				<lei>N/A</lei>
				<title>CITY &amp; COUNTY OF HONOLULU HI</title>
				<cusip>438687NY7</cusip>
				<identifiers>
					<isin value="US438687NY72"/>
					<ticker value="HON"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1810050.00</valUSD>
				<pctVal>0.2931633407508</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2044-07-01</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>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>3669607.00</valUSD>
				<pctVal>0.59434504426</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>17.575894</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>PHILADELPHIA PA WTR &amp; WSTWTR R</name>
				<lei>N/A</lei>
				<title>CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</title>
				<cusip>717893Q53</cusip>
				<identifiers>
					<isin value="US717893Q534"/>
					<ticker value="PHIUTL"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1947345.00</valUSD>
				<pctVal>0.3154002186649</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-11-01</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>INDIANA ST FIN AUTH REVENUE</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>1069930.00</valUSD>
				<pctVal>0.1732903804699</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>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>1197670.00</valUSD>
				<pctVal>0.193979690239</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>JEFFERSON UNION HIGH SCHOOL DISTRICT</name>
				<lei>549300S1EAFO90X8HQ88</lei>
				<title>JEFFERSON UNION HIGH SCHOOL DISTRICT</title>
				<cusip>472467AW9</cusip>
				<identifiers>
					<isin value="US472467AW90"/>
					<ticker value="JEFSCD"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1150820.00</valUSD>
				<pctVal>0.1863916664196</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2055-08-01</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>88034WLK8</cusip>
				<identifiers>
					<isin value="US88034WLK89"/>
					<ticker value="TENGEN"/>
				</identifiers>
				<balance>1165000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1796336.80</valUSD>
				<pctVal>0.2909422929762</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>13.968256</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>59447TG80</cusip>
				<identifiers>
					<isin value="US59447TG802"/>
					<ticker value="MISFIN"/>
				</identifiers>
				<balance>4435000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5248556.40</valUSD>
				<pctVal>0.8500783560362</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>5.00</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>TARRANT CNTY TX CULTURAL EDU F</name>
				<lei>549300ROY505NVTMMI25</lei>
				<title>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP</title>
				<cusip>87638RKG1</cusip>
				<identifiers>
					<isin value="US87638RKG10"/>
					<ticker value="TAREDU"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1107040.00</valUSD>
				<pctVal>0.1793008727631</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2051-11-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>6.75</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>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
				<lei>N/A</lei>
				<title>NEW YORK TRANSPORTATION DEVELOPMENT CORP</title>
				<cusip>650116DU7</cusip>
				<identifiers>
					<isin value="US650116DU79"/>
					<ticker value="NYTTRN"/>
				</identifiers>
				<balance>1475000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1715351.25</valUSD>
				<pctVal>0.2778255313451</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>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>04052EAY4</cusip>
				<identifiers>
					<isin value="US04052EAY41"/>
					<ticker value="AZSMED"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1756320.00</valUSD>
				<pctVal>0.2844610030814</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-02-01</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>PHILADELPHIA PA WTR &amp; WSTWTR R</name>
				<lei>N/A</lei>
				<title>CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</title>
				<cusip>717893L58</cusip>
				<identifiers>
					<isin value="US717893L584"/>
					<ticker value="PHIUTL"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1683587.50</valUSD>
				<pctVal>0.2726809402759</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2033-10-01</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>REGIONAL TRANSPORTATION DISTRICT</name>
				<lei>N/A</lei>
				<title>REGIONAL TRANSPORTATION DISTRICT</title>
				<cusip>759151BR3</cusip>
				<identifiers>
					<isin value="US759151BR30"/>
					<ticker value="REGTRN"/>
				</identifiers>
				<balance>1250000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1512725.00</valUSD>
				<pctVal>0.2450073283264</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2035-07-15</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>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 TRANSIT AUTH SALES</name>
				<lei>N/A</lei>
				<title>CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND</title>
				<cusip>16772PCB0</cusip>
				<identifiers>
					<isin value="US16772PCB04"/>
					<ticker value="CHITRN"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1216170.00</valUSD>
				<pctVal>0.1969760283533</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>MARYLAND ST ECON DEV CORP ECON</name>
				<lei>549300JJ16DDBSZWSN94</lei>
				<title>MARYLAND ECONOMIC DEVELOPMENT CORP</title>
				<cusip>57422FAF3</cusip>
				<identifiers>
					<isin value="US57422FAF36"/>
					<ticker value="MDSDEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1030690.00</valUSD>
				<pctVal>0.166934904383</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-09-01</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>PUBLIC FINANCE AUTHORITY</name>
				<lei>5493004S6D3NA627K012</lei>
				<title>PUBLIC FINANCE AUTHORITY</title>
				<cusip>74444KBJ2</cusip>
				<identifiers>
					<isin value="US74444KBJ25"/>
					<ticker value="PUBMEC"/>
				</identifiers>
				<balance>1835000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>2091808.25</valUSD>
				<pctVal>0.3387980966162</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>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>LOUISIANA PUBLIC FACILITIES AUTHORITY</name>
				<lei>549300RQIPT5S4P4M065</lei>
				<title>LOUISIANA PUBLIC FACILITIES AUTHORITY</title>
				<cusip>546399JV9</cusip>
				<identifiers>
					<isin value="US546399JV96"/>
					<ticker value="LASFAC"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1143410.00</valUSD>
				<pctVal>0.1851915115317</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-04-01</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>COLORADO ST HLTH FACS AUTH HOS</name>
				<lei>5493002JB6DRFRZPEQ21</lei>
				<title>COLORADO HEALTH FACILITIES AUTHORITY</title>
				<cusip>19648FRW6</cusip>
				<identifiers>
					<isin value="US19648FRW67"/>
					<ticker value="COSMED"/>
				</identifiers>
				<balance>4500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5023080.00</valUSD>
				<pctVal>0.8135592462412</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-12-01</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>STATE OF NEW JERSEY</name>
				<lei>N/A</lei>
				<title>STATE OF NEW JERSEY</title>
				<cusip>646039YQ4</cusip>
				<identifiers>
					<isin value="US646039YQ49"/>
					<ticker value="NJS"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1237700.00</valUSD>
				<pctVal>0.2004631180615</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2031-06-01</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>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
				<lei>N/A</lei>
				<title>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</title>
				<cusip>040523AF9</cusip>
				<identifiers>
					<isin value="US040523AF98"/>
					<ticker value="AZSDEV"/>
				</identifiers>
				<balance>5770000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>5921693.30</valUSD>
				<pctVal>0.9591024506119</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>Y</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-07-01</maturityDt>
					<couponKind>Fixed</couponKind>
					<annualizedRt>7.75</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>MONROE COUNTY INDUSTRIAL DEVELOPMENT CORP/NY</name>
				<lei>N/A</lei>
				<title>MONROE COUNTY INDUSTRIAL DEVELOPMENT CORP/NY</title>
				<cusip>61075TUV8</cusip>
				<identifiers>
					<isin value="US61075TUV87"/>
					<ticker value="MONDEV"/>
				</identifiers>
				<balance>1500000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1774470.00</valUSD>
				<pctVal>0.2874006537179</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>DBT</assetCat>
				<issuerCat>MUN</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<debtSec>
					<maturityDt>2050-07-01</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>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</name>
				<lei>N/A</lei>
				<title>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</title>
				<cusip>63607YAJ9</cusip>
				<identifiers>
					<isin value="US63607YAJ91"/>
					<ticker value="NFADEV"/>
				</identifiers>
				<balance>1000000.00</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>1013290.00</valUSD>
				<pctVal>0.1641167269133</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>Variable</couponKind>
					<annualizedRt>3.75</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>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>2226033.50</valUSD>
				<pctVal>0.3605377848586</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>
		</invstOrSecs>
		<signature>
			<ncom:dateSigned>2021-02-19</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>c10287bnymello-december20201.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;">December 31, 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 $1,883,052)</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">1,715,624</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><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;">1,838,222</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
- 98.2%</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;">6,201,960</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;">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;">2,526,600</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;">8,982,720</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;">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;">2,412,480</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;">20,123,760</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 - 6.5% </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;">Arizona Industrial Development Authority, Revenue Bonds (Academics
of Math &amp; Science 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;">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;">1,414,409</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;">676,425</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;">966,588</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;">Arizona Industrial Development Authority, Revenue Bonds (Legacy
Cares 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;">7.75</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;">7/1/2050</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;">5,770,000</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;">5,921,694</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 (Phoenix
Children's Hospital 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;">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;">2/1/2050</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;">1,500,000</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;">1,756,320</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;">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;">1,154,936</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 - 98.2%<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
- 6.5% (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;">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;">423,088</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;">1,130,050</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;">La Paz County Industrial Development Authority, Revenue Bonds
(Harmony Public Schools) 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;">2,796,398</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;">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;">3,518,370</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;">2,178,820</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;">Salt Verde Financial Corp., 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;">12/1/2037</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;">1,000,000</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;">1,428,430</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;">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;">3,036,240</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;">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;">17.42</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">2,650,290</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;">2,594,301</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;">2,165,940</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;">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;">6,110,280</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;">39,922,579</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
- 2.5% </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;">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;">1,044,150</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 - 98.2%<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
- 2.5% (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;">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;">1,167,440</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;">Jefferson Union High School District, COP (Teacher &amp; Staff
Housing Project) (Insured; Build America Mutual)</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">8/1/2055</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;">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;">1,150,820</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;">2,109,820</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;">1,069,390</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;">18.03</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#d9d9d9; vertical-align:bottom;"><p
style="color:#000000; font-family:Cambria; font-size:7.5pt; font-style:normal; font-weight:normal; text-align:right;">8/19/2021</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;">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;">1,581,113</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;">3,466,750</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 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;">17.58</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">3,669,607</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;">15,259,090</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
- 3.9% </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;">Colorado
Health Facilities Authority, Revenue Bonds, Refunding (Covenant Living Communities &amp; 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;">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;">12/1/2050</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;">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;">5,023,080</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;">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;">1,049,480</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;">4,560,000</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;">4,760,275</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;">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;">2,134,200</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;">Regional Transportation
District, Revenue Bonds, Refunding (Denver Transit Partners) 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;">7/15/2035</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;">1,250,000</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;">1,512,725</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 - 98.2%<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
- 3.9% (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;">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;">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;">2,280,469</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;">17.94</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">3,525,166</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;">16.98</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;">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;">2,689,119</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;">860,904</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;">23,835,418</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;">1,302,630</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;">2,959,600</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;">1,711,278</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;">3,849,405</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;">9,822,913</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 - 1.4% </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;">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;">1,239,220</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;">1,126,220</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 - 98.2%<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 - 1.4% (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 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;">17.95</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">6,589,250</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;">8,954,690</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
- 5.6% </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;">Alachua
County Health Facilities Authority, Revenue Bonds (Shands Teaching Hospital &amp; Clinics 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;">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;">12/1/2049</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;">1,625,000</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;">1,858,415</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;">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;">3,259,890</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;">4,566,850</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;">Greater Orlando Aviation 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;">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;">10/1/2044</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;">2,000,000</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;">2,298,540</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;">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;">1,382,730</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;">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;">4,500,000</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;">4,734,450</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;">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;">3,278,982</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;">878,318</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;">2,648,516</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;">1,139,960</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;">2,420,225</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;">14.17</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">1,433,536</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 - 98.2%<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
- 5.6% (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;">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;">14.04</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">2,187,150</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;">13.97</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;">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;">1,796,337</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;">989,244</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;">34,873,143</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 - 2.0% </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;">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;">1,460,000</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;">1,590,831</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;">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;">17.95</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">3,474,100</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;">17.77</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">1,617,777</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;">15.44</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">3,233,400</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;">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;">2,728,248</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;">12,644,356</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 - .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;">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:normal; text-align:right;">1,626,405</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;">Honolulu City &amp;
County, 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;">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;">7/1/2044</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;">1,500,000</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;">1,810,050</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;">3,436,455</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 - 98.2%<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;">5,023,250</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 - 11.5% </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;">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;">1,614,424</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;">2,257,100</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;">2,259,500</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;">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;">3,515,100</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;">4,391,320</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;">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;">1,176,420</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;">1,015,000</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;">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;">4,285,401</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 Transit 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;">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;">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;">1,216,170</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;">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;">3,824,044</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;">1,295,503</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;">4,431,336</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;">1,789,995</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;">1,258,690</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;">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;">3,195,301</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;">1,895,075</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;">2,248,880</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;">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;">1,616,050</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;">5,637,698</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;">1,737,360</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 - 98.2%<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
- 11.5% (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;">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;">3,127,380</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;">1,697,553</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;">5,169,937</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;">2,260,200</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-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;">17.79</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">2,173,294</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;">17.97</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;">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;">4,962,660</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;">1,097,610</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;">71,149,001</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 - 1.9% </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;">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;">6,093,181</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;">1,645,151</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;">1,069,930</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;">1,244,620</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;">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;">3/1/2022</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;">1,400,000</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;">1,476,846</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;">11,529,728</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;">8,048,411</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 - 98.2%<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
- .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;">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;">986,060</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;">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;">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;">1,251,600</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;">2,237,660</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;">2,849,325</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
- 1.5% </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;">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;">3,438,954</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;">Louisiana Public Facilities
Authority, Revenue Bonds, Refunding (Tulane 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;">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;">4/1/2050</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;">1,000,000</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;">1,143,410</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;">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;">17.57</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">4,579,564</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;">9,161,928</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;">3,069,870</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
- 1.4% </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;">Maryland
Economic Development Corp., Tax Allocation Bonds (Port Covington 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;">4.00</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;">9/1/2050</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;">1,000,000</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;">1,030,690</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;">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;">3,857,912</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;">17.97</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;">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;">3,507,277</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;">8,395,879</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 - 98.2%<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
- 3.1% </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;">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;">1,898,925</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
(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;">1,071,220</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;">1,639,246</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;">18.99</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">2,536,300</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;">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;">17.97</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;">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;">2,247,696</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;">17.97</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;">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;">3,590,825</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;">18.27</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">6,115,485</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;">19,099,697</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
- 4.1% </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;">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;">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>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;">1,535,835</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;">3,613,770</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;">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;">5,955,193</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;">2,289,560</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 - 98.2%<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
- 4.1% (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;">2,264,420</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. 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;">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;">6/1/2040</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;">4,435,000</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;">5,248,556</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;">2,335,080</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;">13.89</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">2,362,562</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;">25,604,976</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;">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:bold; text-align:right;">3,542,610</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;">5,597,845</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;">1,213,380</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;">3,303,261</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;">2,249,370</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;">4,760,000</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;">5,396,936</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 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;">3,523,695</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;">15,686,642</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 - 98.2%<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;">Multi-State
- .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;">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;">2,430,000</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;">2,750,007</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;">1,818,450</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;">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;">2,949,292</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;">4,767,742</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
Hampshire - .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;">New
Hampshire Business Finance Authority, Revenue Bonds, Refunding (Green Bond) 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;">3.75</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;">7/2/2040</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; 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;">1,013,290</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 - 3.2% </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;">New Jersey, GO (Covid
19 Emergency State Aid) 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;">6/1/2031</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;">1,000,000</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;">1,237,700</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;">4,676,960</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;">1,745,156</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;">2,095,636</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;">2,412,460</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;">1,722,690</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;">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;">18.44</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">1,263,886</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. 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;">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;">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;">914,265</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;">3,982,982</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;">20,051,735</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 - 5.6% </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;">Monroe County Industrial Development Corp., Revenue Bonds, Refunding
(University of Rochester 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;">7/1/2050</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;">1,500,000</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;">1,774,470</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 - 98.2%<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 - 5.6% (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;">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;">3,193,382</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;">4,556,183</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;">2,705,323</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 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;">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;">7,546,350</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;">1,096,060</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;">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;">3,853,465</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, Refunding (JFK International Air Terminal) 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;">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;">1,475,000</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;">1,715,351</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;">2,068,260</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;">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;">2,002,920</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;">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;">13.93</p></td><td style="background-color:#d9d9d9; font-size:1pt;
vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">2,683,171</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;">1,254,018</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;">34,448,953</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;">1,068,225</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 - 98.2%<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;">North
Carolina - .8% (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-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;">14.35</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;">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;">4,073,375</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;">5,141,600</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;">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;">1,424,250</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;">16,133,137</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;">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;">3,276,322</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;">3,445,398</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;">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;">2,274,880</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;">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;">1,312,563</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;">4,769,928</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;">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;">2,506,140</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;">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;">17.97</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;">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;">6,195,777</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;">41,338,395</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;">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;">1,782,030</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 - 98.2%<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;">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;">1,614,555</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
- 2.7% </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;">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;">1,936,200</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;">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;">1,292,911</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;">4,061,647</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;">1,525,515</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;">Philadelphia Water &amp;
Wastewater, 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;">10/1/2033</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;">1,250,000</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;">1,683,588</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;">Philadelphia Water &amp;
Wastewater, 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;">11/1/2050</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;">1,500,000</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;">1,947,345</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 (%) 5.13</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;">18.30</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;">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;">796,478</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;">3,237,502</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;">16,481,186</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;">Rhode Island - 1.4% </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;">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;">8,794,805</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 - 1.2% </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;">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;">1,105,880</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 - 98.2%<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;">South
Carolina - 1.2% (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-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;">13.61</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;">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;">6,654,750</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;">7,760,630</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;">17.73</p></td><td
style="background-color:#d9d9d9; font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">1,725,087</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 - 7.0% </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;">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;">3,010,775</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;">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;">1,712,370</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;">2,624,325</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;">5,143,635</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;">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;">6,947,220</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;">1,178,950</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;">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;">1,813,955</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;">1,595,040</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;">Tarrant County Cultural Education Facilities Finance Corp., Revenue
Bonds, Refunding (MRC Stevenson Oaks 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;">6.75</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;">11/15/2051</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;">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;">1,107,040</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-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;">17.97</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;">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;">5,790,910</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;">1,436,474</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 - 98.2%<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
- 7.0% (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;">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;">10,717,875</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;">43,078,569</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 - .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;">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;">1,037,626</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;">3,665,165</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;">4,702,791</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;">1,437,675</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;">2,688,519</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;">4,126,194</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;">2,115,372</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;">20.32</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;">7/1/2057</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;">3,781,950</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;">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;">3,926,952</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;">1,887,462</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;">11,711,736</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;">Washington
- 3.8% </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;">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;">2,391,380</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;">5,307,705</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 - 98.2%<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
- 3.8% (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 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;">18.09</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">1,000,000</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;">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;">9.04</p></td><td style="background-color:#d9d9d9;
font-size:1pt; vertical-align:bottom">&nbsp;</td><td style="background-color:#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;">11,296,755</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;">3,383,712</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;">23,379,552</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
- 1.9% </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;">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;">1,197,670</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;">2,226,033</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;">1,336,915</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;">2,141,480</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 (Blue Ridge
Healthcare 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;">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;">1/1/2045</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;">1,835,000</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;">2,091,808</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;">801,008</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;">2,089,820</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;">11,884,734</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 $534,660,927)</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;">606,422,817</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: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 $536,543,979)</p></td><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;">98.5%</p></td><td colspan=2 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;">608,261,039</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;">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;">14.3%</p></td><td colspan=2
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;">88,059,269</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:bold; margin-left:07.20pt; text-align:left; text-indent:-07.20pt;">Preferred
Stock, at redemption value</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;">(12.8%)</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;">(78,900,000)</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;">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;">617,420,308</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 December
31, 2020, these securities were valued at $193,970,484 or 31.42% 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>

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<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;">December 31, 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 December 31, 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;">1,838,222</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;">1,838,222</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;">606,422,817</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;">606,422,817</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>

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<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>

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<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>

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<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 December 31, 2020, accumulated net unrealized
appreciation on investments was $71,717,060, consisting of $72,308,994 gross unrealized appreciation
and $591,934 gross unrealized depreciation. </p><p style="font-family:Serif; font-size:10.5pt; font-style:normal;
font-weight:normal; text-align:justify;">At December 31, 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>

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