<SEC-DOCUMENT>0001752724-21-045058.txt : 20210301
<SEC-HEADER>0001752724-21-045058.hdr.sgml : 20210301
<ACCEPTANCE-DATETIME>20210301100050
ACCESSION NUMBER:		0001752724-21-045058
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210301
PERIOD START:           	20210331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Delaware Investments National Municipal Income Fund
		CENTRAL INDEX KEY:			0000895574
		IRS NUMBER:				411737161
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0330

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07410
		FILM NUMBER:		21695003

	BUSINESS ADDRESS:	
		STREET 1:		100 INDEPENDENCE
		STREET 2:		610 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19106-2354
		BUSINESS PHONE:		18005231918

	MAIL ADDRESS:	
		STREET 1:		100 INDEPENDENCE
		STREET 2:		610 MARKET STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19106-2354

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELAWARE INVESTMENTS FLORIDA INSURED MUNICIPAL INCOME FUND
		DATE OF NAME CHANGE:	20020327

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR FLORIDA INSURED MUNICIPAL INCOME FUND
		DATE OF NAME CHANGE:	19930519

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VOYAGEUR FLORIDA INSURD MUNICIPAL INCOME FUND
		DATE OF NAME CHANGE:	19930122
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>GUAM GOVT BUSINESS PRIVILEGE T</name>
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        <name>MAINE HEALTH &amp; HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
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        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
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        <name>UNIV OF NORTH CAROLINA AT CHAP</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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          <isin value="US6461367J44"/>
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          <maturityDt>2045-06-15</maturityDt>
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        <valUSD>321326.10000000</valUSD>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>ORANGE CNTY FL HLTH FACS AUTHR</name>
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        <name>NEW YORK ST DORM AUTH SALES TA</name>
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          <maturityDt>2033-03-15</maturityDt>
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      <invstOrSec>
        <name>JEA FL ELEC SYS REVENUE</name>
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          <isin value="US46613SPF10"/>
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        <name>TSASC INC NY</name>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <name>CHICAGO IL</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHOALS IN EXEMPT FACS REVENUE</name>
        <lei>5493006DNS1L0C0NCJ71</lei>
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        <curCd>USD</curCd>
        <valUSD>329877.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-11-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PALM BEACH HLTH-A</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>114400.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON ST FACS AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Oregon State Facilities Authority</title>
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          <isin value="US68608JSA06"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>561685.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FING A</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority</title>
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          <isin value="US928097AD68"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>273027.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2056-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH HOSP REV</name>
        <lei>N/A</lei>
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          <isin value="US04052EAY41"/>
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        <curCd>USD</curCd>
        <valUSD>1522144.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QV90</cusip>
        <identifiers>
          <isin value="US74526QV908"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56700.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>METROPOLITAN TRANSPORTATION AUTHORITY</name>
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        <title>MET TRANSPRTN-UNREF</title>
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          <isin value="US59261ASH13"/>
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        <curCd>USD</curCd>
        <valUSD>323069.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2041-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
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          <isin value="US5742184J98"/>
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        <curCd>USD</curCd>
        <valUSD>284633.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709224ZD44"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>254868.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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        <title>California Health Facilities Financing Authority</title>
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          <isin value="US13032UMP02"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1149355.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2047-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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        <title>NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY</title>
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        <curCd>USD</curCd>
        <valUSD>306249.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>ORANGE CNTY FL HLTH FACS AUTHR</name>
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          <isin value="US68450LCB99"/>
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        <valUSD>754942.50000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-06-01</maturityDt>
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        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
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          <isin value="US55374SAH31"/>
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        <valUSD>1603990.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QV254"/>
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        <balance>150000.00000000</balance>
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        <valUSD>122625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <title>California Municipal Finance Authority</title>
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        <name>PUBLIC FIN AUTH WI ARPT FACS R</name>
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        <title>PUBLIC FINANCE AUTHORITY</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <name>ORANGE CNTY FL HLTH FACS AUTHR</name>
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        <title>Orange County Health Facilities Authority</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
        <title>New York Liberty Development Corp</title>
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          <isin value="US649519BU84"/>
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        <curCd>USD</curCd>
        <valUSD>519380.00000000</valUSD>
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          <maturityDt>2041-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990CQA26"/>
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        <valUSD>587545.00000000</valUSD>
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        <name>ILLINOIS ST</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <name>COLORADO ST HLTH FACS AUTH HOS</name>
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        <name>MOON INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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          <isin value="US64577XBF24"/>
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      <invstOrSec>
        <name>E HEMPFIELD TWP PA INDL DEV AU</name>
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          <isin value="US273007AR54"/>
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          <maturityDt>2035-07-01</maturityDt>
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        <name>METROPOLITAN TRANSPORTATION AUTHORITY</name>
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          <isin value="US59261ASG30"/>
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          <maturityDt>2041-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK CITY NY MUNI WTR FINA</name>
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          <isin value="US64972GXG45"/>
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          <maturityDt>2050-06-15</maturityDt>
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      <invstOrSec>
        <name>UNIV OF CALIFORNIA CA REVENUES</name>
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        <title>University of California</title>
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          <isin value="US91412GSN69"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-05-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709224DM80"/>
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        <curCd>USD</curCd>
        <valUSD>567450.00000000</valUSD>
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        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORP</name>
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        <name>INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF YAVAPAI/THE</name>
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        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <name>TOBACCO SETTLEMENT FING CORP L</name>
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        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>2049 VMTP Leverage Shares</name>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>HARRIS CNTY TX TOLL ROAD REVEN</name>
        <lei>N/A</lei>
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          <isin value="US41423PAX50"/>
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      <invstOrSec>
        <name>PHOENIX AZ INDL DEV AUTH LEASE</name>
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      <invstOrSec>
        <name>NEW ORLEANS LA AVIATION BRD</name>
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        <name>ILLINOIS ST</name>
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          <isin value="US4521525U17"/>
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          <maturityDt>2039-11-01</maturityDt>
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      <invstOrSec>
        <name>WESTMINSTER MD PROJ REVENUE</name>
        <lei>N/A</lei>
        <title>City of Westminster MD</title>
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          <isin value="US960735AQ15"/>
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        <curCd>USD</curCd>
        <valUSD>545695.00000000</valUSD>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
        <lei>N/A</lei>
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          <isin value="US838530RJ44"/>
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        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
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      <invstOrSec>
        <name>LOUISIANA ST PUBLIC FACS AUTH</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>LOUISIANA PUBLIC FACILITIES AUTHORITY</title>
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          <isin value="US546398L896"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>IDAHO ST BLDG AUTH BLDG REVENU</name>
        <lei>549300XZ1VJYPPKQZU06</lei>
        <title>Idaho State Building Authority</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REVENU</name>
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        <title>Philadelphia Gas Works Co</title>
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        <curCd>USD</curCd>
        <valUSD>595990.00000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447THF30"/>
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        <valUSD>1152990.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64577BJU98"/>
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        <valUSD>1158220.00000000</valUSD>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>54930020ZN4LQF7K3456</lei>
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          <maturityDt>2049-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QN574"/>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <title>California Statewide Communities Development Authority</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WYANDOTTE CNTY KS KANSAS CITY</name>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>N/A</lei>
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          <isin value="US592643DF41"/>
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        <curCd>USD</curCd>
        <valUSD>574372.20000000</valUSD>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
        <lei>N/A</lei>
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          <isin value="US838530RG05"/>
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        <curCd>USD</curCd>
        <valUSD>96548.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PRIV CLGS &amp; UNIVS AUTH GA</name>
        <lei>N/A</lei>
        <title>Private Colleges &amp; Universities Authority</title>
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          <isin value="US74265LYV43"/>
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        <curCd>USD</curCd>
        <valUSD>137889.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VALPARAISO IN EXEMPT FACS REVE</name>
        <lei>N/A</lei>
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          <isin value="US92028RAC97"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>271658.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QR53</cusip>
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          <isin value="US74526QR534"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28262.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2027-07-01</maturityDt>
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      <invstOrSec>
        <name>BERKS CNTY PA INDL DEV AUTH HL</name>
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        <title>Berks County Industrial Development Authority</title>
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          <isin value="US08451PAY79"/>
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        <curCd>USD</curCd>
        <valUSD>1068900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
        <lei>N/A</lei>
        <title>NY TRNSPRTN DEV-AMT</title>
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          <isin value="US650116CQ76"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>822052.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
        <cusip>646140DC4</cusip>
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          <isin value="US646140DC46"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1146350.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667AG3</cusip>
        <identifiers>
          <isin value="US882667AG31"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>189888.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>COMMONWEALTH OF PUERTO RICO</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <curCd>USD</curCd>
        <valUSD>1306250.00000000</valUSD>
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      <invstOrSec>
        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
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          <isin value="US018444BF57"/>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority</title>
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          <isin value="US5426908M72"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152N317"/>
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          <maturityDt>2036-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <name>COLORADO HEALTH FACILITIES AUTHORITY</name>
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          <isin value="US19648AQ993"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>KANSAS CITY MO LAND CLEARANCE</name>
        <lei>N/A</lei>
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        <name>COLORADO ST HLTH FACS AUTH HOS</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>622445.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2044-11-01</maturityDt>
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<DIV
style="color:#000000;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:Normal;line-height:27pt;text-align:left;text-decoration:none;text-transform:none;">Schedule of investments</DIV>
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style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">Delaware Investments<SUP
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style="color:#000000;font-family:Arial;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;">December 31, 2020 (Unaudited)</DIV>
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style="margin-top:1pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds &#8212; 142.94%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Corporate Revenue Bonds &#8212; 14.91%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Arizona Industrial<BR>
Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Legacy Cares, Inc. Project)<BR>
Series A 144A 7.75% 7/1/50&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">725,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">744,060</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Buckeye Tobacco<BR>
Settlement Financing Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Senior)<BR>
Series A-2  4.00% 6/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">854,550
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Central Plains Energy<BR>
Project Revenue, Nebraska
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Project No. 3)<BR>
Series A 5.00% 9/1/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">225,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">317,502
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Commonwealth Financing<BR>
Authority Revenue, Pennsylvania
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Tobacco Master Settlement Payment)<BR>
4.00% 6/1/39&#8201;(AGM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,015,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,170,650
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Florida Development<BR>
Finance Surface Transportation Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Brightline Passenger Rail Project)<BR>
Series B 144A 7.375% 1/1/49&#8201;(AMT)&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">680,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">667,169
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Virgin Trains USA Passenger Rail Project)<BR>
Series A 144A 6.50% 1/1/49&#8201;(AMT)&#8201;#, &#8226;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">475,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">457,477
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Golden State Tobacco<BR>
Securitization, California
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series A-1  5.00% 6/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">259,355
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">M-S-R Energy Authority,<BR>
California Gas
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;6.50% 11/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">416,997
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Corporate Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">M-S-R Energy Authority,<BR>
California Gas
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series C&#8194;7.00% 11/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:22.82pt;">1,603,990</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York Liberty<BR>
Development Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Bank of America Tower at One Bryant Park Project)<BR>
2.80% 9/15/69&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">240,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">234,461
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York Transportation<BR>
Development
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Delta Air Lines, Inc. - LaGuardia Airport Terminals C&amp;D Redevelopment Project)<BR>
4.00% 1/1/36&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">822,053
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Shoals, Indiana
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(National Gypsum Project)<BR>
7.25% 11/1/43&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">310,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">329,877
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Suffolk County, New York<BR>
Tobacco Asset Securitization
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B 5.00% 6/1/32&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">776,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Tobacco Settlement<BR>
Financing Corporation, Louisiana
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Asset-Backed Note<BR>
Series A 5.25% 5/15/35&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">460,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">501,658
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Tobacco Settlement<BR>
Financing Corporation, New Jersey
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.00% 6/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">130,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">156,124
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Subordinate Series B&#8194;5.00% 6/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">335,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">391,290
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">TSASC Revenue, New York
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Settlement)<BR>
Series A 5.00% 6/1/41&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">60,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">69,210
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Valparaiso, Indiana
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Pratt Paper Project)<BR>
7.00% 1/1/44&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">240,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">271,658
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:23.82pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">10,044,331
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:41pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ-OV9 [12/20] 2/21
(1511882)&nbsp;&nbsp;&nbsp;&nbsp;1</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
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<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:Normal;line-height:27pt;text-align:left;text-decoration:none;text-transform:none;">Schedule of investments</DIV>
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">Delaware Investments<SUP
style="font-size:6pt;font-style:Normal;text-transform:none;vertical-align:top;position:relative;top:-0.5em;">&#174;</SUP> National Municipal Income Fund&nbsp;(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:19pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Education Revenue Bonds &#8212; 18.20%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Arizona Industrial<BR>
Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(American Charter Schools Foundation Project)<BR>
144A 6.00% 7/1/47&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">330,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">396,379</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Board of Regents of the<BR>
University of Texas System
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series B 5.00% 8/15/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,645,690
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">California Educational<BR>
Facilities Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Loma Linda University)<BR>
Series A 5.00% 4/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">580,080
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Stanford University)<BR>
Series V-1  5.00% 5/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,645,480
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">East Hempfield Township,<BR>
Pennsylvania Industrial Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Student Services Income - Student Housing Project)<BR>
5.00% 7/1/35&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,008,600
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Health &amp; Educational<BR>
Facilities Authority of the State of Missouri
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(St. Louis College of Pharmacy Project)<BR>
5.25% 5/1/33&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">527,090
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Illinois Finance Authority<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(CHF - Chicago, L.L.C. - University Of Illinois at Chicago Project)<BR>
Series A 5.00% 2/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">460,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">479,950
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Chicago International Charter School Project)<BR>
5.00% 12/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">535,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">601,399
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Education Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Louisiana Public Facilities<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Provident Group-Flagship Properties)<BR>
Series A 5.00% 7/1/56&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">561,555</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Massachusetts<BR>
Development Finance Agency
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Umass Boston Student Housing Project)<BR>
5.00% 10/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">285,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">287,953
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York City, Trust for<BR>
Cultural Resources Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Whitney Museum Of American Art)<BR>
5.00% 7/1/31&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">325,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">449,527
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Philadelphia, Pennsylvania<BR>
Authority for Industrial Development
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(1st Philadelphia Preparatory College)<BR>
Series A 7.25% 6/15/43&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">370,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">426,458
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Phoenix, Arizona Industrial<BR>
Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Rowan University Project)<BR>
5.00% 6/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,042,270
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Pima County, Arizona<BR>
Industrial Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Edkey Charter Schools Project)<BR>
144A 5.00% 7/1/49&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">519,410
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Private Colleges &amp;<BR>
Universities Authority Revenue, Georgia
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Mercer University)<BR>
Series A 5.00% 10/1/32&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">135,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">137,889
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">University of California
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series AI&#8194;5.00% 5/15/32&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,104,840
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series AZ&#8194;5.25% 5/15/58&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">465,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">589,625
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:43pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">2&nbsp;&nbsp;&nbsp;&nbsp;NQ-OV9 [12/20] 2/21
(1511882)</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:3pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Education Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Wyoming Community<BR>
Development Authority Student Housing Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(CHF-Wyoming LLC)<BR>
6.50% 7/1/43&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">252,790</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:23.82pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">12,256,985
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Electric Revenue Bonds &#8212; 4.04%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">JEA Electric System<BR>
Revenue, Florida
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.00% 10/1/33&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">355,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">397,628
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Long Island Power<BR>
Authority, New York Electric System Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 9/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">305,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">373,405
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.00% 9/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">284,098
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;5.00% 9/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">130,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">155,030
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Philadelphia, Pennsylvania<BR>
Gas Works Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(1998 General Ordinance Fifteenth Series)<BR>
5.00% 8/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">595,990
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Puerto Rico Electric Power<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.05% 7/1/42&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:5.80pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">70,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">56,700
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series AAA&#8194;5.25% 7/1/25&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:5.80pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">40,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">32,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series CCC&#8194;5.25% 7/1/27&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">315,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">255,937
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series WW&#8194;5.00% 7/1/28&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">305,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">247,050
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series XX&#8194;4.75% 7/1/26&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:5.80pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">40,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">32,300
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series XX&#8194;5.25% 7/1/40&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">120,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">97,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series XX&#8194;5.75% 7/1/36&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">150,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">122,625
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series ZZ&#8194;4.75% 7/1/27&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:5.80pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">35,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">28,263
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series ZZ&#8194;5.25% 7/1/24&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.80pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">55,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">44,688
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">2,723,714
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Healthcare Revenue Bonds &#8212; 37.06%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Alabama Special Care<BR>
Facilities Financing Authority-Birmingham Alabama
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Methodist Home for the Aging)<BR>
6.00% 6/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">521,240
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Healthcare Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Allegheny County Hospital,<BR>
Pennsylvania Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Allegheny Health Network Obligated Group Issue)<BR>
Series A 4.00% 4/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">300,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">334,914</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Arizona Industrial<BR>
Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Great Lakes Senior Living Communities LLC Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.00% 1/1/54&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">190,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">165,765
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;5.00% 1/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">70,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">55,563
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;5.125% 1/1/54&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">85,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">67,011
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-top:1pt;text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;text-align:left;text-decoration:none;text-indent:-10pt;
text-transform:none;vertical-align:bottom;width:48.02%;">(Phoenix Children's Hospital)<BR>
Series A 4.00% 2/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,300,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">1,522,144
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Berks County, Pennsylvania<BR>
Industrial Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Tower Health Project)<BR>
5.00% 11/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,068,900
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Brookhaven Development<BR>
Authority Revenue, Georgia
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Children's Healthcare of Atlanta)<BR>
Series A 4.00% 7/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">30,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">35,237
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">California Health Facilities<BR>
Financing Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Kaiser Permanente)<BR>
Series A-2  5.00% 11/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">730,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,149,356
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">California Statewide<BR>
Communities Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Loma Linda University Medical Center)<BR>
Series A 144A 5.25% 12/1/56&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">760,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">855,441
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:78pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ-OV9 [12/20] 2/21
(1511882)&nbsp;&nbsp;&nbsp;&nbsp;3</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:Normal;line-height:27pt;text-align:left;text-decoration:none;text-transform:none;">Schedule of investments</DIV>
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">Delaware Investments<SUP
style="font-size:6pt;font-style:Normal;text-transform:none;vertical-align:top;position:relative;top:-0.5em;">&#174;</SUP> National Municipal Income Fund&nbsp;(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:19pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Healthcare Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Capital Trust Agency,<BR>
Florida
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Tuscan Gardens Senior Living Center)<BR>
Series A 7.00% 4/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">375,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">236,475</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Colorado Health Facilities<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(CommonSpirit Health)<BR>
Series A-2  4.00% 8/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,127,630
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Healthcare Facilities - American Baptist)<BR>
8.00% 8/1/43&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">330,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">354,262
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Sanford Health)<BR>
Series A 5.00% 11/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">622,445
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Cuyahoga County, Ohio<BR>
Hospital Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(The Metrohealth System)<BR>
5.50% 2/15/57&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,181,770
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Escambia County Health<BR>
Facilities Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Healthcare Facilities - Baptist)<BR>
Series A 4.00% 8/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">540,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">596,014
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Glendale, Arizona Industrial<BR>
Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Royal Oaks - Inspirata Pointe Project)<BR>
Series A 5.00% 5/15/56&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">552,970
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Idaho Health Facilities<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(St. Luke's Health System Project)<BR>
Series A 5.00% 3/1/33&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,569,125
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Kalispell, Montana
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Immanuel Lutheran Corporation Project)<BR>
Series A 5.25% 5/15/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">700,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">722,855
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Healthcare Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Maine Health &amp; Higher<BR>
Educational Facilities Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Maine General Medical Center)<BR>
6.75% 7/1/41&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">300,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">305,307</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Maryland Health &amp; Higher<BR>
Educational Facilities Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(University of Maryland Medical System Issue)<BR>
Series D 4.00% 7/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">255,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">284,634
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Miami-Dade County,<BR>
Florida Health Facilities Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Nicklaus Children's Hospital Project)<BR>
5.00% 8/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">200,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">236,766
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Michigan Finance Authority<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Beaumont Health Credit Group)<BR>
5.00% 11/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,152,990
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Monroe County, New York<BR>
Industrial Development Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Rochester Regional Health Project)<BR>
Series A 4.00% 12/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">440,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">505,952
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Montgomery County<BR>
Higher Education and Health Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Thomas Jefferson University)<BR>
4.00% 9/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">834,615
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Moon, Pennsylvania<BR>
Industrial Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Baptist Homes Society Obligation)<BR>
6.125% 7/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">792,172
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Hope, Texas Cultural<BR>
Education Facilities
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Cardinal Bay Inc.)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A1&#8194;5.00% 7/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">135,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">132,922
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:43pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">4&nbsp;&nbsp;&nbsp;&nbsp;NQ-OV9 [12/20] 2/21
(1511882)</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:3pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Healthcare Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Hope, Texas Cultural<BR>
Education Facilities
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:bottom;width:48.02%;">(Cardinal Bay Inc.)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;4.75% 7/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">160,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">109,095</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Jersey Health Care<BR>
Facilities Financing Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(St. Peters University Hospital)<BR>
6.25% 7/1/35&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">300,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">306,249
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Valley Health System Obligated)<BR>
4.00% 7/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">475,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">548,069
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York State Dormitory<BR>
Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A 4.00% 7/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">355,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">409,137
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Orange Regional Medical Center)<BR>
144A 5.00% 12/1/35&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">587,545
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Orange County, Florida<BR>
Health Facilities Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Mayflower Retirement Center)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 6/1/32&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">400,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">403,264
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 6/1/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">251,768
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.125% 6/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">754,942
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Oregon State Facilities<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Peacehealth Project)<BR>
Series A 5.00% 11/15/29&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">561,685
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Palm Beach County Health<BR>
Facilities Authority, Florida
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Sinai Residences Boca Raton Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;7.25% 6/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:5.80pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">20,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">21,795
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;7.50% 6/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">105,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">114,401
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Palomar Health, California
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">5.00% 11/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">130,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">149,854
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Tarrant County, Texas<BR>
Cultural Education Facilities Finance
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Buckner Senior Living - Ventana Project)<BR>
6.75% 11/15/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">278,750
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Healthcare Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">University of North<BR>
Carolina Board of Governors
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">5.00% 2/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">796,605</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Washington Health Care<BR>
Facilities Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(CommonSpirit Health)<BR>
Series A-2  5.00% 8/1/38&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">314,762
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Westminster, Maryland
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Lutheran Village Millers Grant)<BR>
Series A 6.00% 7/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">545,695
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Wisconsin Health &amp;<BR>
Educational Facilities Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Covenant Communities, Inc. Project)<BR>
Series B 5.00% 7/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,026,520
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Yavapai County, Arizona<BR>
Industrial Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Yavapai Regional Medical Center)<BR>
Series A 5.00% 8/1/28&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">720,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">794,707
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:23.82pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">24,959,318
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Lease Revenue Bonds &#8212; 9.36%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">California State Public<BR>
Works Board Lease Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Various Capital Projects)<BR>
Series A 5.00% 4/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,054,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Idaho State Building<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Health &amp; Welfare Project)<BR>
Series A 5.00% 9/1/24&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">90,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">98,108
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:38pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ-OV9 [12/20] 2/21
(1511882)&nbsp;&nbsp;&nbsp;&nbsp;5</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:Normal;line-height:27pt;text-align:left;text-decoration:none;text-transform:none;">Schedule of investments</DIV>
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">Delaware Investments<SUP
style="font-size:6pt;font-style:Normal;text-transform:none;vertical-align:top;position:relative;top:-0.5em;">&#174;</SUP> National Municipal Income Fund&nbsp;(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:19pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Lease Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Metropolitan Pier &amp;<BR>
Exposition Authority Illinois Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(McCormick Place Expansion)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;4.00% 6/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,375,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:22.82pt;">1,464,361</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 6/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">290,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">335,890
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Jersey Economic<BR>
Development Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series WW 5.25% 6/15/30&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,158,220
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Transit Transportation Project)<BR>
Series A 4.00% 11/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">554,515
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Jersey Transportation<BR>
Trust Fund Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series AA 4.00% 6/15/45&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,119,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Public Finance Authority,<BR>
Wisconsin Airport Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(AFCO Investors II Portfolio)<BR>
144A 5.75% 10/1/31&#8201;(AMT)&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">517,310
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">6,301,654
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Local General Obligation Bonds &#8212; 2.82%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Chicago Board of<BR>
Education, Illinois
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 4/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">205,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">230,203
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 4/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">210,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">234,097
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Chicago, Illinois
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.50% 1/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">225,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">248,189
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series C&#8194;5.00% 1/1/38&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">539,475
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York City, New York
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series C 5.00% 8/1/43&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">645,930
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">1,897,894
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Pre-Refunded/Escrowed to Maturity Bonds &#8212; 6.87%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">JEA Electric System<BR>
Revenue, Florida
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.00% 10/1/33-23&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">645,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">729,140
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Pre-Refunded/Escrowed to Maturity Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Louisiana Public Facilities<BR>
Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Ochsner Clinic Foundation Project)<BR>
6.50% 5/15/37-21&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">105,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">107,394</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Metropolitan<BR>
Transportation Authority Revenue,<BR>
New York
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.00% 11/15/41-21&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">190,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">198,010
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Unrefunded)<BR>
Series A 5.00% 11/15/41-21&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">310,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">323,070
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Monroe County, New York<BR>
Industrial Development Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Nazareth College Rochester Project)<BR>
5.50% 10/1/41-21&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">495,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">514,399
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Monroe County,<BR>
Pennsylvania Hospital Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Pocono Medical Center)<BR>
Series A 5.00% 1/1/41-22&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">523,035
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Hope, Texas Cultural<BR>
Education Facilities
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Chief-Collegiate Housing-Tarleton St.)<BR>
Series A 5.00% 4/1/34-24&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,129,200
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York State Dormitory<BR>
Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.00% 3/15/33-23&#8201;&#8201;&#167;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">1,106,450
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">4,630,698
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Special Tax Revenue Bonds &#8212; 11.55%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Allentown, Pennsylvania<BR>
Neighborhood Improvement Zone Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(City Center Project)<BR>
144A 5.375% 5/1/42&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">175,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">191,660
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:50pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">6&nbsp;&nbsp;&nbsp;&nbsp;NQ-OV9 [12/20] 2/21
(1511882)</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:3pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Special Tax Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Guam Government<BR>
Business Privilege Tax Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series B-1  5.00% 1/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">540,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">554,926</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Kansas City, Missouri<BR>
Redevelopment Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Convention Centre Hotel Project - TIF Financing)<BR>
Series B 144A 5.00% 2/1/40&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">135,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">142,475
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Massachusetts Bay<BR>
Transportation Authority Senior
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.25% 7/1/29&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">200,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">274,430
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Jersey Economic<BR>
Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Cigarette Tax)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 6/15/28&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">200,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">208,918
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 6/15/29&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">800,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">834,480
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Northampton County,<BR>
Pennsylvania Industrial Development Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Route 33 Project)<BR>
7.00% 7/1/32&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">205,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">221,349
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Public Finance Authority,<BR>
Wisconsin Airport Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(American Dream @ Meadowlands Project)<BR>
144A 7.00% 12/1/50&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">380,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">341,335
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Puerto Rico Sales Tax<BR>
Financing Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:48.02%;">(Restructured)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A-1&#8194;4.75% 7/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">3,235,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">3,563,223
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A-2&#8194;4.329% 7/1/40&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">595,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">646,253
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Sales Tax Securitization,<BR>
Illinois
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.00% 1/1/40&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">595,745
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Special Tax Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Wyandotte County, Kansas<BR>
City, Kansas Unified Government Special Obligation Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Sales Tax - Vacation Village Project A)<BR>
Series A 5.75% 9/1/32&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">220,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">208,177</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">7,782,971
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">State General Obligation Bonds &#8212; 11.88%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">California State
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Various Purposes)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 10/1/41&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">440,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">454,749
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 11/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,248,550
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Commonwealth of Puerto<BR>
Rico
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.25% 7/1/34&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">715,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">555,913
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;8.00% 7/1/35&#8201;&#8201;&#8225;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,900,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,306,250
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Illinois State
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 1/1/28&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">285,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">321,326
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 5/1/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">90,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">96,201
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 11/1/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,170,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,303,040
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 2/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">160,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">169,736
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.50% 5/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">605,475
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.00% 4/1/38&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">170,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">177,844
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.125% 12/1/29&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">310,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">361,733
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-top:1pt;text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;text-align:left;text-decoration:none;text-indent:-10pt;
text-transform:none;vertical-align:bottom;width:48.02%;">(Rebuild Illinois Program)<BR>
Series B 4.00% 11/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,300,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:30.62pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;
width:28.57%;">1,398,592
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">7,999,409
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Transportation Revenue Bonds &#8212; 24.23%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Alameda Corridor,<BR>
California Transportation Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(2nd Sub Lien)<BR>
Series B 5.00% 10/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">430,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">511,296
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Atlanta, Georgia<BR>
Department of Aviation
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B 5.00% 1/1/29&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,129,820
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">California Municipal<BR>
Finance Authority Mobile Home Park Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(LINXS APM Project)<BR>
Series A 5.00% 12/31/47&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">615,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">721,758
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:58pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ-OV9 [12/20] 2/21
(1511882)&nbsp;&nbsp;&nbsp;&nbsp;7</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:24pt;font-style:Normal;font-weight:Normal;line-height:27pt;text-align:left;text-decoration:none;text-transform:none;">Schedule of investments</DIV>
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;margin-top:10pt;text-align:left;text-decoration:none;text-transform:none;">Delaware Investments<SUP
style="font-size:6pt;font-style:Normal;text-transform:none;vertical-align:top;position:relative;top:-0.5em;">&#174;</SUP> National Municipal Income Fund&nbsp;(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:19pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Transportation Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Chicago, Illinois O'Hare<BR>
International Airport Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(General-Senior Lien)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.00% 1/1/48&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">298,842</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series D&#8194;5.25% 1/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,082,710
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Harris County, Texas Toll<BR>
Road Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Senior Lien)<BR>
Series A 4.00% 8/15/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">581,830
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Metropolitan<BR>
Transportation Authority Revenue,<BR>
New York
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Green Bond)<BR>
Series C-1  5.25% 11/15/55&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">915,570
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Metropolitan Washington<BR>
D.C. Airports Authority Dulles Toll Road Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Dulles Metrorail and Capital Improvement Projects)<BR>
Series B 4.00% 10/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">510,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">574,372
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Jersey Turnpike<BR>
Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;4.00% 1/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,146,350
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;5.00% 1/1/40&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">308,492
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New Orleans, Louisiana<BR>
Aviation Board
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series B 5.00% 1/1/45&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,118,540
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York Liberty<BR>
Development Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(1 World Trade Center Port Authority Construction)<BR>
5.00% 12/15/41&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">519,380
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York Transportation<BR>
Development
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(La Guardia Airport)<BR>
Series A 5.25% 1/1/50&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">700,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">770,693
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Transportation Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York Transportation<BR>
Development
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Terminal 4 John F. Kennedy International Airport Project))
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series C&#8194;4.00% 12/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">70,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:34.81pt;">82,983</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series C&#8194;4.00% 12/1/41&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">65,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">76,148
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series C&#8194;5.00% 12/1/29&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">20,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">25,863
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Pennsylvania Turnpike<BR>
Commission Subordinate
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A-1&#8194;5.00% 12/1/43&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">567,450
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A-1&#8194;5.00% 12/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">210,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">254,869
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Phoenix City, Arizona Civic<BR>
Improvement Airport Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series B 5.00% 7/1/49&#8201; (AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,216,100
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Salt Lake City, Utah Airport<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B 5.00% 7/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">625,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">758,969
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">South Jersey Port<BR>
Corporation
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Subordinated Marine Terminal Revenue)<BR>
Series B 5.00% 1/1/48&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">195,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">219,309
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">South Jersey Port, New<BR>
Jersey
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Subordinated Marine Terminal Revenue)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A&#8194;5.00% 1/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">85,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">98,400
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series B&#8194;5.00% 1/1/42&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:12.99pt;padding-right:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">85,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:42.61pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">96,548
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">St. Louis, Missouri Airport<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Lambert St. Louis International)<BR>
5.00% 7/1/32&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:30.62pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">1,051,290
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Texas Private Activity Bond<BR>
Surface Transportation Corporate Senior Lien Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(Blueridge Transportation Group)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 12/31/40&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">110,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">123,031
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 12/31/45&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:8.20pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">110,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:3pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">121,983
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:57pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">8&nbsp;&nbsp;&nbsp;&nbsp;NQ-OV9 [12/20] 2/21
(1511882)</DIV>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;font-size:12pt;height:0pt;">
</DIV>
<HR
style="margin-bottom:0pt;">
<!--PAGE BREAK-->
<DIV
style="width:100%;">
<DIV
style="width:100%;" type="Block">
<DIV
style="color:#D4D4D4;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:left;text-decoration:none;text-transform:none;">(Unaudited)</DIV>
</DIV>
<DIV
style="margin-top:3pt;">
<DIV
style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;line-height:10pt;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:19.05%;">Principal amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:1.62pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Municipal Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Transportation Revenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Texas Private Activity Bond<BR>
Surface Transportation Corporate Senior Lien Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-top:1pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:bottom;width:48.02%;">(Blueridge Transportation Group)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;5.00% 12/31/50&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">160,000
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:3pt;padding-top:1pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:30.01pt;">176,797</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-top:1pt;text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;text-align:left;text-decoration:none;text-indent:-10pt;
text-transform:none;vertical-align:bottom;width:48.02%;">(NTE Mobility Partners Segments 3 LLC Segment 3C Project)<BR>
5.00% 6/30/58&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">600,105
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">(NTE Mobility Partners)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;6.75% 6/30/43&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">225,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">257,155
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">&#8194;7.00% 12/31/38&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">165,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">189,888
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Triborough Bridge &amp; Tunnel<BR>
Authority Revenue, New York
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(MTA Bridges And Tunnels)<BR>
Series A 5.00% 11/15/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">350,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">452,497
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Virginia Small Business<BR>
Financing Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Transform 66 P3 Project)<BR>
5.00% 12/31/56&#8201;(AMT)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">235,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">273,028
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:23.82pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">16,322,066
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:6pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Water &amp; Sewer Revenue Bonds &#8212; 2.02%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">New York City, New York<BR>
Water &amp; Sewer System Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Series GG-1  4.00% 6/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">594,465
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:40pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">(Unrefunded Balance)<BR>
5.00% 6/15/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">185,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;line-height:13pt;line-height:13pt;
padding-bottom:1pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;
">203,829
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Philadelphia, Pennsylvania<BR>
Water &amp; Wastewater Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:28.57%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:30pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:bottom;width:48.02%;">Series A 5.00% 7/1/45&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:3pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:19.05%;">500,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial;font-family:Arial;font-size:10pt;font-size:10pt;font-style:Normal;font-style:Normal;font-weight:Normal;font-weight:Normal;
line-height:13pt;line-height:13pt;padding-bottom:2pt;padding-left:37.81pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;
white-space:nowrap;width:28.57%;">561,170
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:left;vertical-align:bottom;width:72.62%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:28.62pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">1,359,464
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:20pt;padding-right:1pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:72.62%;" colspan="3">Total Municipal Bonds<BR>
<FONT
style="font-weight:Normal;">(cost $89,777,195)</FONT>
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:20.21pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">96,278,504
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-top:1.62pt;text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:20pt;padding-right:1pt;text-align:left;text-decoration:none;text-indent:-10pt;
text-transform:none;vertical-align:bottom;width:72.62%;" colspan="3">Total Value of Securities&#8212;142.94%<BR>
<FONT
style="font-weight:Normal;">(cost $89,777,195)</FONT>
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:20.21pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;white-space:nowrap;width:28.57%;">96,278,504
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:center;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-left:auto;margin-right:auto;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:48.02%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;padding-bottom:2pt;padding-right:3pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="padding-top:1.62pt;text-align:left;vertical-align:bottom;width:100%;" colspan="4">
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1pt;padding-left:20pt;padding-right:1pt;text-align:left;text-decoration:none;text-indent:-10pt;
text-transform:none;vertical-align:bottom;width:48.02%;">Liquidation Value of Preferred &#8211; (44.54%)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:3pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1pt;padding-left:25.25pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:28.57%;">(30,000,000)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:20pt;padding-right:1pt;padding-top:1pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Receivables and Other Assets Net of Liabilities&#8212;1.60%
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:3pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">$<FONT
style="font-weight:bold;padding-left:25.61pt;">1,074,759</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:20pt;padding-right:1pt;padding-top:1.62pt;text-align:left;text-decoration:none;
text-indent:-10pt;text-transform:none;vertical-align:bottom;width:48.02%;">Net Assets Applicable to 4,528,443 Shares Outstanding&#8212;100.00%
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1.62pt;text-align:right;vertical-align:bottom;width:5.56%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:3pt;padding-top:1.62pt;text-align:right;vertical-align:bottom;width:19.05%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:3pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:28.57%;">$<FONT
style="padding-left:20.01pt;"></FONT>67,353,263
</TD></TR></TABLE>
</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-right:3pt;padding-top:8.5pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:3.17%;">&#176;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:3pt;padding-top:8.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;
width:98.02%;">Principal amount shown is stated in USD unless noted that the security is denominated in another currency.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:3.17%;">#
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:98.02%;">Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At December 31, 2020, the aggregate value of Rule 144A securities was $5,420,261, which
represents 8.05% of the Fund's net assets.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:3.17%;">&#8226;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:98.02%;">Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at December 31, 2020. For securities based on a published reference rate and spread, the
reference rate and spread are indicated in their descriptions. The reference rate descriptions (i.e. LIBOR03M, LIBOR06M, etc.) used in this report are identical for different securities, but the underlying reference
rates may differ due to the timing of the reset period. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market
conditions, or for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their descriptions.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;white-space:nowrap;width:3.17%;">&#8225;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:98.02%;">Non-income producing security. Security is currently in default.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:0pt;padding-right:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;white-space:nowrap;width:3.17%;">&#167;
</TD><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:3pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:98.02%;">Pre-refunded bonds. Municipal bonds that are generally backed or secured by US Treasury bonds. For pre-refunded bonds, the stated maturity is followed by the year
in which the bond will be pre-refunded.
</TD></TR></TABLE>
</DIV>
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-left:0pt;padding-top:8.5pt;text-align:left;text-decoration:none;text-transform:none;vertical-align:top;
width:100%;">Summary of abbreviations:<FONT
style="font-weight:Normal;">&#8201;</FONT>
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vertical-align:top;width:100%;">AGM &#8211; Insured by Assured Guaranty Municipal Corporation
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vertical-align:top;width:100%;">AMT &#8211; Subject to Alternative Minimum Tax
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style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;">CHF &#8211; Collegiate Housing Foundation
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style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;">ICE &#8211; Intercontinental Exchange, Inc.
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vertical-align:top;width:100%;">LIBOR &#8211; London interbank offered rate
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style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;">LIBOR03M &#8211; ICE LIBOR USD 3 Month
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style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;">LIBOR06M &#8211; ICE LIBOR USD 6 Month
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style="color:#000000;font-family:Arial;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-left:0pt;padding-top:1.75pt;text-align:left;text-decoration:none;text-transform:none;
vertical-align:top;width:100%;">LLC &#8211; Limited Liability Corporation
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text-transform:none;vertical-align:top;width:100%;">USD &#8211; US Dollar
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(1511882)&nbsp;&nbsp;&nbsp;&nbsp;9</DIV>
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