<SEC-DOCUMENT>0001140411-20-000041.txt : 20200529
<SEC-HEADER>0001140411-20-000041.hdr.sgml : 20200529
<ACCEPTANCE-DATETIME>20200529134627
ACCESSION NUMBER:		0001140411-20-000041
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200331
FILED AS OF DATE:		20200529
PERIOD START:           	20201231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO CALIFORNIA MUNICIPAL INCOME FUND
		CENTRAL INDEX KEY:			0001140411
		IRS NUMBER:				134174445
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-10379
		FILM NUMBER:		20926372

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-739-4000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>LOS ANGELES COUNTY SANITATION DISTRICTS FINANCING AUTHORITY</name>
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        <name>LOS ANGELES DEPARTMENT OF WATER</name>
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      <invstOrSec>
        <name>LOS ANGELES DEPARTMENT OF WATER &amp; POWER POWER SYSTEM REVENUE</name>
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        <name>SAN MATEO FOSTER CITY PUBLIC FINANCING AUTHORITY</name>
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    <explntrNotes>
      <explntrNote note="A negative balance, which may be due to such circumstances as a net overdraft as of the reporting period-end, is reported as $0 in Item B.2.f - Cash and cash equivalents not reported in Parts C and D.  This is done in order to conform to the technical constraints of the XML type, which do not allow negative values in B.2.f." noteItem="B.2.f"/>
      <explntrNote note="Total returns do not deduct sales loads and redemption fees." noteItem="B.5.a"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.c.vi"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.d.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.e.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.f.ii"/>
      <explntrNote note="The form requires the filer to report ISO country codes and certain supranational entities are not on the ISO country code list.  Instruments issued by or economic exposure to a supranational entity may be disclosed as N/A." noteItem="C.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-05-04</ncom:dateSigned>
      <ncom:nameOfApplicant>PIMCO California Municipal Income Fund</ncom:nameOfApplicant>
      <ncom:signature>/s/ Jason Nagler</ncom:signature>
      <ncom:signerName>Jason Nagler</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
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                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO California Municipal Income Fund</FONT></P>
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                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
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                        <TD width="29.40pt" style="width: 29.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="41.46pt" style="width: 41.46pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="32.82pt" style="width: 32.82pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="10.38pt" style="width: 10.38pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="36" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>(AMOUNTS IN THOUSANDS*, EXCEPT NUMBER OF SHARES, CONTRACTS AND UNITS, IF ANY)</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>PRINCIPAL</FONT><FONT><BR>AMOUNT</FONT><FONT><BR>(000s)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>MARKET</FONT><FONT><BR>VALUE</FONT><FONT><BR>(000s)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>INVESTMENTS IN SECURITIES 173.6% &#164;</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>MUNICIPAL BONDS &amp; NOTES 171.5% </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>CALIFORNIA 165.3% </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Bay Area Toll Authority, California Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 04/01/2056</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,051</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Community Housing Agency Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 04/01/2049</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,925</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,967</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California County Tobacco Securitization Agency Revenue Bonds, Series 2002</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>6.000% due 06/01/2035 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,001</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>6.125% due 06/01/2038 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>942</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California County Tobacco Securitization Agency Revenue Bonds, Series 2006</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>0.000% due 06/01/2046 (a) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>12,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,095</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.600% due 06/01/2036 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,488</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California County Tobacco Securitization Agency Revenue Bonds, Series 2007</FONT><FONT> </FONT><FONT><BR>0.000% due 06/01/2057 (a)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>739</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Educational Facilities Authority Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 04/01/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>800</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>892</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Educational Facilities Authority Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 10/01/2039 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,327</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 10/01/2048 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,134</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2008</FONT><FONT> </FONT><FONT><BR>5.250% due 11/15/2040</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,050</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,390</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>3.415% due 11/15/2036 (c)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,048</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2011</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 08/15/2035 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,044</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>6.000% due 08/15/2042 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,800</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,852</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2012</FONT><FONT> </FONT><FONT><BR>5.000% due 08/15/2051</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,300</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,680</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 08/15/2052</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,675</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,807</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2015</FONT><FONT> </FONT><FONT><BR>5.000% due 08/15/2054</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,300</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,483</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2016</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 08/15/2039 (b) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>8,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>9,533</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 11/15/2046 (b) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,740</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 08/15/2055 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,790</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Health Facilities Financing Authority Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 11/15/2045</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,700</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,930</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Infrastructure &amp; Economic Development Bank Revenue Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 02/01/2039</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>10,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>10,936</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Municipal Finance Authority Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>7.750% due 04/01/2031</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>790</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>830</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Municipal Finance Authority Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 05/15/2043 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>534</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2048 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,370</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,651</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Pollution Control Financing Authority Revenue Bonds, Series 2010</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.100% due 06/01/2040 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,012</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.250% due 08/01/2040 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,265</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Public Finance Authority Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2047 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,140</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,738</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State General Obligation Bonds, Series 2010</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.250% due 11/01/2040 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,448</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.500% due 03/01/2040 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,504</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State General Obligation Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,854</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 11/01/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,070</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State General Obligation Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>5.000% due 10/01/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,275</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,485</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State General Obligation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 10/01/2039</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,161</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State Public Works Board Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>5.000% due 12/01/2029</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,596</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California State University Revenue Bonds, Series 2015</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>8,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>9,221</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Communities Development Authority Revenue Bonds, (CM Insured), Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 07/01/2040 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,128</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 07/01/2043 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>350</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>393</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 07/01/2047 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,950</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Communities Development Authority Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2040</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>10,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>10,233</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <TABLE width="auto" style="width: auto; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="330.48pt" style="width: 330.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="351.24pt" style="width: 351.24pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO California Municipal Income Fund</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="30.24pt" style="width: 30.24pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="38.88pt" style="width: 38.88pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="34.56pt" style="width: 34.56pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="31.08pt" style="width: 31.08pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="29.40pt" style="width: 29.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="41.46pt" style="width: 41.46pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="32.82pt" style="width: 32.82pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="10.38pt" style="width: 10.38pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Communities Development Authority Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>6.000% due 08/15/2042</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,037</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Communities Development Authority Revenue Bonds, Series 2012</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 04/01/2042 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>11,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>12,161</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.125% due 05/15/2031 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,130</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.375% due 05/15/2038 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,641</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Communities Development Authority Revenue Bonds, Series 2016</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 08/15/2051 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>225</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>243</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 12/01/2036 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,526</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 12/01/2046 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,700</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,022</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Communities Development Authority Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 07/01/2048 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,080</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 12/01/2057 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,083</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.500% due 12/01/2058 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,775</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,947</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">California Statewide Financing Authority Revenue Bonds, Series 2002</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.625% due 05/01/2029 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>55</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>55</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>6.000% due 05/01/2037 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,001</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Chaffey Joint Union High School District, California General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2047 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,995</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Chula Vista, California Revenue Bonds, Series 2004</FONT><FONT> </FONT><FONT><BR>5.875% due 02/15/2034</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,018</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">El Monte, California Certificates of Participation Bonds, (AMBAC Insured), Series 2001</FONT><FONT> </FONT><FONT><BR>5.250% due 01/01/2034 (d)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>14,425</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>14,471</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Folsom Cordova Unified School District School Facilities Improvement District No. 5, California General Obligation Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>4.000% due 10/01/2043 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,936</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Foothill-Eastern Transportation Corridor Agency, California Revenue Bonds, Series 2014</FONT><FONT> </FONT><FONT><BR>3.950% due 01/15/2053</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>860</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>902</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2007</FONT><FONT> </FONT><FONT><BR>5.300% due 06/01/2037</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,740</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,746</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2030 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,351</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2047 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,646</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.250% due 06/01/2047 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>15,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>15,193</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Hacienda La Puente Unified School District, General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,188</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Hartnell Community College District, California General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2042</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,778</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Hayward Unified School District, California General Obligation Bonds, Series 2015</FONT><FONT> </FONT><FONT><BR>5.000% due 08/01/2038</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,745</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Imperial Irrigation District Electric System, California Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2041</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,023</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Imperial Irrigation District Electric System, California Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2041 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,078</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Long Beach Bond Finance Authority, California Revenue Bonds, Series 2007</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.500% due 11/15/2027 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,204</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.500% due 11/15/2030 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>415</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>516</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Long Beach Community College District, California General Obligation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2045</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>563</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Long Beach, California Airport System Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>5.000% due 06/01/2040</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,025</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Los Angeles Community College District, California General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2041 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,910</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Los Angeles County, California Metropolitan Transportation Authority Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 07/01/2044</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,043</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Los Angeles County, California Sanitation Districts Financing Authority Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>4.000% due 10/01/2042</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,644</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Los Angeles Department of Water &amp; Power, California Revenue Bonds, Series 2012</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 07/01/2037 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,100</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,420</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 07/01/2043 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,371</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Los Angeles Department of Water &amp; Power, California Revenue Bonds, Series 2014</FONT><FONT> </FONT><FONT><BR>5.000% due 07/01/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,239</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Los Angeles Department of Water, California Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 07/01/2049</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,217</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">M-S-R Energy Authority, California Revenue Bonds, Series 2009</FONT><FONT> </FONT><FONT><BR>6.500% due 11/01/2039</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>15,345</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>21,499</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Monterey Peninsula Unified School District, California General Obligation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2040</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,388</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Mount San Antonio Community College District, California General Obligation Bonds, Series 2019</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 08/01/2041 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,265</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,582</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 08/01/2044 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,700</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,113</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Mount San Jacinto Community College District, California General Obligation Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,300</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,951</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Newport Mesa Unified School District, California General Obligation Bonds, (NPFGC Insured), Series 2007</FONT><FONT> </FONT><FONT><BR>0.000% due 08/01/2031 (a)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,414</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Pacifica School District, California General Obligation Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2048</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,918</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Palomar Community College District, California General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2046 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,530</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,998</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Regents of the University of California Medical Center Pooled Revenue Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 05/15/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,167</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">River Islands Public Financing Authority, California Special Tax Bonds, Series 2015</FONT><FONT> </FONT><FONT><BR>5.500% due 09/01/2045</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,183</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Riverside, California Sewer Revenue Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2038</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,780</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Riverside, California Water Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 10/01/2048</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,012</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO California Municipal Income Fund</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="30.24pt" style="width: 30.24pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="38.88pt" style="width: 38.88pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="34.56pt" style="width: 34.56pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="31.08pt" style="width: 31.08pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="29.40pt" style="width: 29.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="41.46pt" style="width: 41.46pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="32.82pt" style="width: 32.82pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="10.38pt" style="width: 10.38pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Sacramento Area Flood Control Agency, California Special Assessment Bonds, Series 2016</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 10/01/2041 (b) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,800</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,298</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 10/01/2047 (b) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,700</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,990</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Sacramento Municipal Utility District, California Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 08/15/2039</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,226</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Francisco Bay Area Rapid Transit District, California General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2042 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,111</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Francisco Bay Area Rapid Transit District, California General Obligation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2044</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,560</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,890</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Francisco, California City &amp; County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 05/01/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,625</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,083</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Francisco, California City &amp; County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2019</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 05/01/2039 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,474</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 05/01/2049 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,432</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Francisco, California City &amp; County Certificates of Participation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 04/01/2039</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,512</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Joaquin County Transportation Authority, California Revenue Bonds, Series 2017</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 03/01/2041 (b) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,200</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,437</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 03/01/2041 (b) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,300</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,952</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Jose Evergreen Community College District, California General Obligation Bonds, Series 2014</FONT><FONT> </FONT><FONT><BR>4.125% due 09/01/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,062</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Jose Unified School District, California General Obligation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2042</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,138</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Jose, California General Obligation Bonds, Series 2019</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 09/01/2041 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,860</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 09/01/2042 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>619</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Jose, California Hotel Tax Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>6.500% due 05/01/2036</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,582</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Marcos Unified School District, California General Obligation Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>5.000% due 08/01/2038</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,200</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,263</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Mateo County, California Community College District General Obligation Bonds, (NPFGC Insured), Series 2006</FONT><FONT> </FONT><FONT><BR>0.000% due 09/01/2034 (a)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,250</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Mateo County, California Community College District General Obligation Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>5.000% due 09/01/2045</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,874</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">San Mateo Foster City Public Financing Authority, California Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2044</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,540</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,706</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Santa Clara County, California General Obligation Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2041 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,216</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Torrance, California Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>5.000% due 09/01/2040</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,300</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,389</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">University of California Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>4.000% due 05/15/2046 (b)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>10,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>11,476</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">University of California Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 05/15/2047</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,932</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">University of California Revenue Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>5.000% due 05/15/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,216</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">University of California Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 05/15/2049</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,063</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Upland, California Certificates of Participation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 01/01/2042</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,409</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Washington Township Health Care District, California General Obligation Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 08/01/2043</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,824</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>414,379</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>ILLINOIS 3.7% </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Chicago, Illinois General Obligation Bonds, Series 2007</FONT><FONT> </FONT><FONT><BR>5.500% due 01/01/2042</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,060</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Chicago, Illinois General Obligation Bonds, Series 2015</FONT><FONT> </FONT><FONT><BR>5.250% due 01/01/2028</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,522</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Chicago, Illinois General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>6.000% due 01/01/2038</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,688</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Illinois State General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2029</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,037</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>9,307</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>PUERTO RICO 2.5% </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>0.000% due 07/01/2046 (a) </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,700</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,355</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.750% due 07/01/2053 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,405</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,270</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO California Municipal Income Fund</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="30.24pt" style="width: 30.24pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="38.88pt" style="width: 38.88pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="34.56pt" style="width: 34.56pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="31.08pt" style="width: 31.08pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="29.40pt" style="width: 29.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="41.46pt" style="width: 41.46pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="32.82pt" style="width: 32.82pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="10.38pt" style="width: 10.38pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 07/01/2058 </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,680</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,613</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>6,238</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Municipal Bonds &amp; Notes (Cost $406,088)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>429,924</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>SHORT-TERM INSTRUMENTS 2.1% </FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>REPURCHASE AGREEMENTS (e) 2.1%</FONT><FONT><BR></FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; ">5,210</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Short-Term Instruments (Cost $5,210)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>5,210</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Investments in Securities (Cost $411,298)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>435,134</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Investments 173.6% (Cost $411,298)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>435,134</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Auction Rate Preferred Shares</FONT><FONT> </FONT><FONT>(4</FONT><FONT>8.1</FONT><FONT>)%</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>(120,625)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Variable Rate MuniFund Term Preferred Shares, at liquidation value (1</FONT><FONT>1.7</FONT><FONT>)%</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>(29,</FONT><FONT>251</FONT><FONT>)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Other Assets and Liabilities, net (</FONT><FONT>1</FONT><FONT>3.</FONT><FONT>8</FONT><FONT>)%</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>(3</FONT><FONT>4,617</FONT><FONT>)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="22" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Net Assets Applicable to Common Shareholders 100.0%</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="7" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>250,641</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO California Municipal Income Fund</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="30.24pt" style="width: 30.24pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="38.88pt" style="width: 38.88pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="47.52pt" style="width: 47.52pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="34.56pt" style="width: 34.56pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="5.16pt" style="width: 5.16pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="3.48pt" style="width: 3.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="31.08pt" style="width: 31.08pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="29.40pt" style="width: 29.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="41.46pt" style="width: 41.46pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="19.02pt" style="width: 19.02pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="32.82pt" style="width: 32.82pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="10.38pt" style="width: 10.38pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
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                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="6.90pt" style="width: 6.90pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="1.74pt" style="width: 1.74pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="0.00pt" style="width: 0.00pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="line-height: 2.0pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="38">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">NOTES TO SCHEDULE OF INVESTMENTS:   </FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">* A zero balance may reflect actual amounts rounding to less than one thousand.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&#164;</FONT></P>
                        </TD>
                        <TD colspan="38" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(a)</FONT></P>
                        </TD>
                        <TD colspan="38" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Zero coupon security.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(b)</FONT></P>
                        </TD>
                        <TD colspan="38" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Represents an underlying municipal bond transferred to a tender option bond trust established in a tender option bond transaction in which the Fund sold, or caused the sale of, the underlying municipal bond and purchased the residual interest certificate. The security serves as collateral in a financing transaction. </FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(c)</FONT></P>
                        </TD>
                        <TD colspan="38" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Represents an investment in a tender option bond residual interest certificate purchased in a secondary market transaction. The interest rate shown bears an inverse relationship to the interest rate on a tender option bond floating rate certificate. The interest rate disclosed reflects the rate in effect on March 31, 2020.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(d)</FONT></P>
                        </TD>
                        <TD colspan="38" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">RESTRICTED SECURITIES:</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Issuer Description</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>Coupon</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>Maturity</FONT><FONT><BR>Date</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>Acquisition</FONT><FONT><BR>Date</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>Cost</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>Market</FONT><FONT><BR>Value</FONT></P>
                        </TD>
                        <TD colspan="5" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>Net Assets Applicable to Common Shareholders</FONT><FONT><BR></FONT></P>
                        </TD>
                        <TD colspan="3">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>El Monte, California Certificates of Participation Bonds, (AMBAC Insured), Series 2001</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5.250</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>%</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>01/01/2034</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>08/02/2001</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>14,425</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>14,471</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5.77</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>%</FONT></P>
                        </TD>
                        <TD colspan="3">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>BORROWINGS AND OTHER FINANCING TRANSACTIONS</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(e)</FONT></P>
                        </TD>
                        <TD colspan="38" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">REPURCHASE AGREEMENTS:</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Counterparty</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Lending</FONT><FONT><BR>Rate</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Settlement</FONT><FONT><BR>Date</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Maturity</FONT><FONT><BR>Date</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Principal</FONT><FONT><BR>Amount</FONT></P>
                        </TD>
                        <TD colspan="9" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; padding-left: 4.319999999999999pt; margin-top: 0; margin-bottom: 0; "><FONT>Collateralized By</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Collateral</FONT><FONT><BR>(Received)</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Repurchase</FONT><FONT><BR>Agreements,</FONT><FONT><BR>at Value</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Repurchase</FONT><FONT><BR>Agreement</FONT><FONT><BR>Proceeds</FONT><FONT><BR>to be</FONT><FONT><BR>Received</FONT></P>
                        </TD>
                        <TD colspan="3">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="3">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>FICC</FONT></P>
                        </TD>
                        <TD>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>0.000% </FONT></P>
                        </TD>
                        <TD>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>03/31/2020</FONT></P>
                        </TD>
                        <TD>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>04/01/2020</FONT></P>
                        </TD>
                        <TD>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="6">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 46.98pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,210</FONT></P>
                        </TD>
                        <TD colspan="9">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; padding-left: 4.319999999999999pt; margin-top: 0; margin-bottom: 0; "><FONT>U.S. Treasury Inflation Protected Securities 1.125% due 01/15/2021</FONT></P>
                        </TD>
                        <TD colspan="2" style="border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 38.34pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>(5,319)</FONT></P>
                        </TD>
                        <TD colspan="3" style="border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 38.34pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,210</FONT></P>
                        </TD>
                        <TD colspan="4" style="border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 38.34pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,210</FONT></P>
                        </TD>
                        <TD colspan="3">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="14" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Total Repurchase Agreements</FONT></P>
                        </TD>
                        <TD colspan="8" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 38.34pt; text-align: right; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(5,319)</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 38.34pt; text-align: right; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">5,210</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 38.34pt; text-align: right; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">5,210</FONT></P>
                        </TD>
                        <TD colspan="3">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>FAIR VALUE MEASUREMENTS</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="36" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; ">The following is a summary of the fair valuations according to the inputs used as of March 31, 2020 in valuing the Fund's assets and liabilities</FONT><FONT>:</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="36" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="11" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Category and Subcategory</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Level 1</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Level 2</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Level 3</FONT></P>
                        </TD>
                        <TD colspan="10" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Fair Value</FONT><FONT><BR>at 03/31/2020</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="36" style="vertical-align: bottom; ">
                            <P style="font-size: 12.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Investments in Securities, at Value</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="36" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Municipal Bonds &amp; Notes</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="10" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>California</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>414,379</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>414,379</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="10" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Illinois</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>9,307</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>9,307</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="10" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Puerto Rico</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,238</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,238</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="36" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Short-Term Instruments</FONT></P>
                        </TD>
                        <TD colspan="6">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="10" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Repurchase Agreements</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,210</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,210</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="11" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Total Investments</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>435,134</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>435,134</FONT></P>
                        </TD>
                        <TD colspan="6" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="40" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; ">There were no significant transfers into or out of Level 3 during the period ended March 31, 2020.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
    </DIV>

<DIV style=" page-break-before: always;"><P style=" margin: 0pt; font-size: 5pt;">&#8203;</P></DIV>
 <DIV style="font-family: Times New Roman, Times, serif; ">
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 13.0pt; ">Notes to Financial Statements</FONT><FONT style="font-family: Arial, sans-serif; font-size: 13.0pt; ">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; color: #365585; font-size: 13.0pt; ">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="font-family: Arial, sans-serif; color: #365585; font-size: 13.0pt; ">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <P style="font-family: Times New Roman, Times, serif; font-size: 8.5pt; margin-bottom: 4.319999999999999pt; font-weight: bold; color: #365585; margin-top: 0; "><FONT style="color: black; ">1</FONT><FONT style="color: black; ">. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS</FONT><FONT style="color: black; font-size: 12.0pt; "> </FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-bottom: 9.6pt; margin-top: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">(</FONT><FONT style="font-weight: bold; font-size: 8.5pt; ">a) Investment Valuation Policies </FONT><FONT> </FONT><FONT style="font-size: 8.5pt; ">The net asset value (&#8220;NAV&#8221;) of the Fund's shares is determined by dividing the total value of portfolio investments and other assets attributable to t</FONT><FONT style="font-size: 8.5pt; ">he</FONT><FONT style="font-size: 8.5pt; "> Fund</FONT><FONT style="font-size: 8.5pt; ">,</FONT><FONT style="font-size: 8.5pt; "> less any liabilities</FONT><FONT style="font-size: 8.5pt; ">,</FONT><FONT style="font-size: 8.5pt; "> by the total number of shares outstanding of the Fund.</FONT><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; "> </FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">On each day that the New York Stock Exchange (&#8220;NYSE&#8221;) is open,</FONT><FONT style="font-size: 8.5pt; "> Fund shares are ordinarily valued as of the close of regular trading (normally 4:00 p.m., Eastern time) (&#8220;NYSE Close&#8221;). Information that becomes known to the Fund or its agents after the time as of which NAV has been calculated on a particular day will not generally be used to retroactively adjust the price of a security or the NAV determined earlier that day. The Fund reserves the right to change the time as of which its NAV is calculated if the Fund closes earlier, or as permitted by the U.S. Securities and Exchange Commission.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">For purposes of calculating a NAV, portfolio securities and other assets for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of official closing prices or the last reported sales prices, or if no sales are reported, based on quotes obtained from established market makers or prices (including evaluated prices) supplied by the Fund's approved pricing services, quotation reporting systems and other third-party sources (together, &#8220;Pricing Services&#8221;). The Fund will normally use pricing data for domestic equity securities received shortly after the NYSE Close and does not normally take into account trading, clearances or settlements that take place after the NYSE Close. </FONT><FONT style="font-size: 8.5pt; ">If market value pricing is used, a foreign (non-U.S.) equity security traded on a foreign exchange or on more than one exchange is typically valued using pricing information from the exchange considered by Pacific Investment Management Company LLC (&#8220;PIMCO&#8221; or the &#8220;Manager&#8221;) to be the primary exchange. A foreign (non-U.S.) equity security will be valued as of the close of trading on the foreign exchange, or the NYSE Close, if the NYSE Close occurs before the end of trading on the foreign exchange. Domestic and foreign (non-U.S.) fixed income securities, non-exchange traded derivatives, and equity options are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Services using data reflecting the earlier closing of the principal markets for those securities. Prices obtained from Pricing Services may be based on, among other things, information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Certain fixed income securities purchased on a delayed-delivery basis are marked to market daily until settlement at the forward settlement date. Exchange-traded options, except equity options, futures and options on futures are valued at the settlement price determined by the relevant exchange. Swap agreements are valued on the basis of bid quotes obtained from brokers and dealers or market-based prices supplied by Pricing Services. The Fund's investments in open-end management investment companies, other than exchange-traded funds ("ETFs"), are valued at the NAVs of such investments.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Investments for which market quotes or market based valuations are not readily available are valued at fair value as </FONT><FONT style="font-size: 8.5pt; ">determined in good</FONT><FONT style="font-size: 8.5pt; "> </FONT><FONT style="font-size: 8.5pt; ">faith by the Fund</FONT><FONT style="font-size: 8.5pt; ">&#8217;</FONT><FONT style="font-size: 8.5pt; ">s Board of Trustees (the &#8220;Board&#8221;) or</FONT><FONT style="font-size: 8.5pt; "> </FONT><FONT style="font-size: 8.5pt; ">persons acting at their direction. The Board has adopted methods for valuing securities and other assets in circumstances where market quotes are not readily available, and has delegated to PIMCO the responsibility for applying the fair valuation methods. In the event that market quotes or market based valuations are not readily available, and the security or asset cannot be valued pursuant to a Board approved valuation method, the value of the security or asset will be determined in good faith by the Board. Market quotes are considered not readily available in circumstances where there is an absence of current or reliable market-based data (e.g., trade information, bid/ask information, indicative market quotations (&#8220;Broker Quotes&#8221;), Pricing Services&#8217; prices), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of the Fund's securities or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the securities trade do not open for trading for the entire day and no other market prices are available. The Board has delegated</FONT><FONT style="font-size: 8.5pt; ">,</FONT><FONT style="font-size: 8.5pt; "> to the Manager</FONT><FONT style="font-size: 8.5pt; ">, the responsibility for monitoring significant events that may materially affect the values of the Fund's securities or assets and for determining whether the value of the applicable securities or assets should be reevaluated in light of such significant events.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">When the Fund uses fair valuation to determine the value of a portfolio security or other asset for purposes of calculating its NAV, such investments will not be priced on the basis of quotes from the primary market in which they are traded, but rather may be priced by another method that the Board or persons acting at their direction believe reflects fair value. Fair valuation may require subjective determinations about the value of a security. While the Fund&#8217;s policy is intended to result in a calculation of the Fund&#8217;s NAV that fairly reflects security values as of the time of pricing, the Fund cannot ensure that fair values determined by the Board or persons acting at their direction would accurately reflect the price that the Fund could obtain for a security if it were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by the Fund may differ from the value that would be realized if the securities were sold.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">(b) Fair Value Hierarchy  </FONT><FONT style="font-size: 8.5pt; ">U.S. GAAP describes fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date.</FONT><FONT style="font-size: 8.5pt; "> It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into levels (Level 1, 2, or 3). The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Levels 1, 2, and 3 of the fair value hierarchy are defined as follows:</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">&#8226; Level 1 &#8212; Quoted prices in active markets or exchanges for identical assets and liabilities.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-style: italic; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">&#8226; Level 2 &#8212; Significant other observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market corroborated inputs.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">&#8226; Level 3 &#8212; Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by the Board or persons acting at their direction that are used in determining the fair value of investments. </FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">In accordance with the requirements of U.S. GAAP, the amounts of transfers into and out of Level 3, if material, are disclosed in the Notes to Schedule of Investments for the Fund</FONT><FONT style="font-size: 8.5pt; ">.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">For fair valuations using significant unobservable inputs, U.S. GAAP requires a reconciliation of the beginning to ending balances for reported fair values that presents changes attributable to realized gain (loss), unrealized appreciation (depreciation), purchases and sales, accrued discounts (premiums), and transfers into and out of the Level 3 category during the period. The end of period value is used for the transfers between Levels of the Fund's assets and liabilities. Additionally, U.S. GAAP requires quantitative information regarding the significant unobservable inputs used in the determination of fair value of assets or liabilities categorized as Level 3 in the fair value hierarchy. In accordance with the requirements of U.S. GAAP, a fair value hierarchy, and if material, a Level 3 reconciliation and details of significant unobservable inputs, have been included in the Notes to </FONT><FONT style="font-size: 8.5pt; ">Schedule of Investments for the Fund.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">(</FONT><FONT style="font-weight: bold; font-size: 8.5pt; ">c) Valuation Techniques and the Fair Value Hierarchy</FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 13.0pt; ">Notes to Financial Statements </FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; ">(Cont.)</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">Level 1 and Level 2 trading assets and trading liabilities, at fair value </FONT><FONT style="font-size: 8.5pt; ">The valuation methods (or &#8220;techniques&#8221;) and significant inputs used in determining the fair values of portfolio securities or other assets and liabilities categorized as Level 1 and Level 2 of the fair value hierarchy are as follows:</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Fixed income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. treasury obligations, sovereign issues, bank loans, convertible preferred securities and non-U.S. bonds are normally valued </FONT><FONT style="font-size: 8.5pt; ">on the basis of quotes obtained from brokers and dealers or Pricing Services that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The Pricing Services' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Fixed income securities purchased on a delayed-delivery basis or as a repurchase commitment in a sale-buyback transaction are marked to market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">Level 3 trading assets and trading liabilities, at fair value </FONT><FONT style="font-size: 8.5pt; ">When a fair valuation method is applied by </FONT><FONT style="font-size: 8.5pt; ">PIMCO that uses significant unobservable inputs, investments will be priced by a method that the Board or persons acting at their direction believe reflects fair value and are categorized as Level 3 of the fair value hierarchy.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Short-term debt instruments (such as commercial paper) having a remaining maturity of 60 days or less may be valued at amortized cost, so long as the amortized cost value of such short-term debt instruments is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source of the base price.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Times New Roman, Times, serif; font-size: 8.5pt; margin-bottom: 4.319999999999999pt; font-weight: bold; color: #365585; margin-top: 0; "><FONT style="color: black; ">2</FONT><FONT style="color: black; ">. FEDERAL INCOME TAX MATTERS</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">The Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code (the &#8220;Code&#8221;) and distribute all of its taxable income and net realized gains, if applicable, to shareholders. Accordingly, no provision for Federal income taxes has been made.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">The Fund may be subject to local withholding taxes, including those imposed on realized capital gains. Any applicable foreign capital gains tax is accrued daily based upon net unrealized gains, and may be payable following the sale of any applicable investments.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">In accordance with U.S. GAAP, </FONT><FONT style="font-size: 8.5pt; ">the Manager has reviewed the Fund's tax positions for all open tax years. As of March 31, 2020, the Fund has recorded no liability for net unrecognized tax benefits relating to uncertain income tax positions it has taken or expects to take in future tax returns.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">The</FONT><FONT style="font-size: 8.5pt; "> Fund files U.S. federal, state, and local tax returns as required. The Fund's tax returns are subject to examination by relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return but which can be extended to six years in certain circumstances. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.</FONT><FONT style="font-family: Times New Roman, Times, serif; font-size: 8.5pt; "> </FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <div style="page-break-after: always; border-bottom: 1pt solid black; ">
            <p></p>
        </div>
      	  <div style="margin: auto; padding: 36pt 0;">

<p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>
<p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>
<table style="border-collapse: collapse; width: 100%;" border="0" width="100%" cellspacing="0" cellpadding="0">

<tr>
<TD COLSPAN="7" STYLE="padding: 0pt; vertical-align: bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; text-indent: 0pt; margin: 0pt;"><FONT STYLE="font-size: 8.5pt"><B>Glossary:
                                         (abbreviations that may be used in the preceding statements)</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; text-indent: 0pt; margin: 0pt;"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
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<TD STYLE="padding: 0pt; vertical-align: bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; text-indent: 0pt; margin: 0pt;"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
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<TD STYLE="padding: 0pt; vertical-align: bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: left; text-indent: 0pt; margin: 0pt;"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
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<TD STYLE="padding: 0pt; vertical-align: bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: right; text-indent: 0pt; margin: 0pt;"><FONT STYLE="font-size: 8.5pt">(Unaudited)</FONT></p>
</td>
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<TD STYLE="padding: 0pt 0pt 0pt 3pt; width: 8%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
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<TD STYLE="padding: 0pt; width: 1%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
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<TD STYLE="padding: 0pt; width: 21%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 1%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
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<TD STYLE="padding: 0pt; width: 8%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 1%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 29%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 1%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 6%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 1%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; width: 23%; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD COLSPAN="3" STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>Counterparty
                                         Abbreviations:</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>FICC</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">Fixed
                                         Income Clearing Corporation&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD COLSPAN="3" STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>Currency
                                         Abbreviations:</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>USD
                                         (or $)</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">United
                                         States Dollar</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD COLSPAN="9" STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>Municipal
                                         Bond or Agency Abbreviations:</B></FONT></p>

</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>AMBAC</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">American
                                         Municipal Bond Assurance Corp.</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>CM</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">California
                                         Mortgage Insurance</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>NPFGC</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">National
                                         Public Finance Guarantee Corp.</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD COLSPAN="3" STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>Other&nbsp;&nbsp;Abbreviations:</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="border-bottom: rgb(66,81,99) 1pt solid; padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr style="font-size: 10pt">
<TD STYLE="padding: 0pt 0pt 0pt 3pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>TBA</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">To-Be-Announced</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt"><B>&nbsp;</B></FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<TD STYLE="padding: 0pt; vertical-align: bottom; font-size: 10pt"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>

</table>
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