<SEC-DOCUMENT>0001752724-23-198519.txt : 20230829
<SEC-HEADER>0001752724-23-198519.hdr.sgml : 20230829
<ACCEPTANCE-DATETIME>20230829120222
ACCESSION NUMBER:		0001752724-23-198519
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230630
FILED AS OF DATE:		20230829
DATE AS OF CHANGE:		20230829
PERIOD START:           	20240331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			abrdn 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:		231220096

	BUSINESS ADDRESS:	
		STREET 1:		C/O ABRDN
		STREET 2:		1900 MARKET STREET, SUITE 200
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		215-405-5700

	MAIL ADDRESS:	
		STREET 1:		C/O ABRDN
		STREET 2:		1900 MARKET STREET, SUITE 200
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Delaware Investments National Municipal Income Fund
		DATE OF NAME CHANGE:	20081209

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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        <name>2049 VMTP Leverage Shares</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>IDAHO ST HSG &amp; FIN ASSN</name>
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        <debtSec>
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        <name>IRVINE CA FACS FING AUTH LEASE</name>
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        <name>CLEMSON SC UNIV HGR EDU REVENU</name>
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          <isin value="US185633DA90"/>
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        <name>ST CLOUD MN CHRT SCH LEASE REV</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOS ANGELES CA DEPT WTR &amp; PWR</name>
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        <name>THORNTON CO DEV AUTH TAX INCR</name>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <title>Illinois State Toll Highway Authority</title>
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<DIV
style="color:#000000;font-family:Arial Narrow;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
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<DIV
style="color:#000000;font-family:Arial Narrow;font-size:11pt;font-style:Normal;font-weight:Normal;line-height:14pt;margin-top:6pt;text-align:left;text-decoration:none;text-transform:none;">June 30, 2023 (Unaudited)</DIV>
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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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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; 162.96%
</TD></TR>
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style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 21.18%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Arizona Industrial Development<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Leman Academy Of Excellence of Projects)<BR>
Series A&#8201;4.50% 7/1/54&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1.60pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,115,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;1,009,766
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Board of Governors of the<BR>
Colorado State University System Enterprise Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 3/1/43&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;5,743,800
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Brooklyn Park, Minnesota Charter<BR>
School Lease Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Prairie Seeds Academy Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 3/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;925,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;874,449
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 3/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;170,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;154,975
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Chicago, Illinois Board of<BR>
Education Dedicated Capital Improvement Tax Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 4/1/45&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;585,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;605,469
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Chicago, Illinois Board of<BR>
Education Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">ICE&#8201;5.75% 4/1/48&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;4,423,680
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Colorado Educational &amp; Cultural<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - Aspen Ridge School Project)<BR>
Series A 144A&#8201;5.25% 7/1/46&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;478,770
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - Community Leadership Academy Second Campus Project)<BR>
&#8201;7.45% 8/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;500,940
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - Peak to Peak Charter School Project)<BR>
&#8201;5.00% 8/15/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,015,850
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - Science Technology Engineering and Math (STEM) School Project)<BR>
&#8201;5.125% 11/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;765,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;746,418
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - Skyview Academy Project)<BR>
144A&#8201;5.50% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;749,993
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - University Lab School Building)<BR>
144A&#8201;5.00% 12/15/45&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;505,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Vail Mountain School Project)<BR>
&#8201;4.00% 5/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;&#8199;25,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;21,468
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;padding-bottom:2pt;padding-right:2pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">District of Columbia Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Two Rivers Public Charter School Inc. Issue)<BR>
&#8201;5.00% 6/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;760,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8201;&#8199;&#8199;&#8199;698,531
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Huntingdon County General<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(AICUP Financing Program - Juniata College Project)<BR>
Series T&#8201;5.00% 10/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,462,175
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Idaho Housing &amp; Finance<BR>
Association Non-Profit Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Sage International School of Boise Project)<BR>
Series A&#8201;4.00% 5/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,055,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;977,278
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Minnesota Higher Education<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(St. John's University)<BR>
&#8201;4.00% 3/1/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;410,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;397,889
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Otsego, Montana Charter School<BR>
Lease Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Kaleidoscope Charter School)<BR>
Series A&#8201;5.00% 9/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;230,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;219,749
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">South Carolina, Clemson<BR>
University Higher Education Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Byrnes Hall Project)<BR>
Series A&#8201;4.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,407,575
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Cloud, Minnesota Charter<BR>
School Lease Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Stride Academy Project)<BR>
Series A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;375,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;277,294
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Paul, Minnesota Housing &amp;<BR>
Redevelopment Authority Charter School Lease Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Great River School Project)<BR>
Series A 144A&#8201;5.50% 7/1/38&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;240,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;241,702
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Twin Cities Academy Project)<BR>
Series A&#8201;5.30% 7/1/45&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;630,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;593,365
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">University of Texas System Board<BR>
of Regents Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,188,940
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Washington Higher Education<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Gonzaga University Project)<BR>
&#8201;4.00% 4/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,783,070
</TD></TR></TABLE>
</DIV>
</DIV>
<DIV
style="clear:both;">
<DIV
style="clear:both;padding-top:46pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ- OV9 [0623] 0823
(3054904)&nbsp;&nbsp;&nbsp;&nbsp;1</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 Narrow;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 Narrow;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;">&#174;</SUP> National Municipal Income Fund &#160;&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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">Westchester County, New York<BR>
Local Development Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Pace University)<BR>
Series A&#8201;5.00% 5/1/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,500,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;1,504,980
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;30,583,126
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 13.44%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">American Municipal Power Ohio<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Prairie State Energy Campus Project)<BR>
Series A&#8201;4.00% 2/15/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,525,550
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Minnesota Municipal Power<BR>
Agency Electric Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 10/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,210,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,249,361
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Municipal Electric Authority of<BR>
Georgia Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Plant Vogtle Units 3&amp;4 Project M)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;4.00% 1/1/59&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,605,760
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 1/1/56&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;5,124,050
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 1/1/63&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,551,925
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Salt River, Arizona Project<BR>
Agricultural Improvement &amp; Power District 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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Salt River Project)<BR>
Series A&#8201;5.00% 1/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,303,600
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Southern Minnesota Municipal<BR>
Power Agency Supply Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 1/1/41&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;240,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;247,289
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Paul, Minnesota Housing &amp;<BR>
Redevelopment Authority District Energy Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;4.00% 10/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;800,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8201;&#8199;&#8199;&#8199;803,040
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;19,410,575
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 42.44%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Anoka, Minnesota Healthcare &amp;<BR>
Housing Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(The Homestead at Anoka Project)<BR>
&#8201;5.375% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;610,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;581,342
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Apple Valley, Minnesota Senior<BR>
Living Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Minnesota Senior Living LLC Project)<BR>
Fourth Tier Series D&#8201;7.25% 1/1/52&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,035,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;673,609
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">Apple Valley, Minnesota Senior<BR>
Living Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Senior Living LLC Project)<BR>
Fourth Tier Series D&#8201;7.00% 1/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;685,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8201;&#8199;&#8199;&#8199;488,651
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Senior Living, LLC Project)<BR>
Second Tier Series B&#8201;5.00% 1/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;715,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;446,589
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Arizona Industrial Development<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Fourth Tier Series D-2<BR>
144A&#8201;7.75% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;&#8199;50,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;26,531
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Second Tier Series B<BR>
&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;&#8199;70,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;36,843
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Bethel, Minnesota Housing &amp;<BR>
Health Care Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Benedictine Health System &#8211; St. Peter Communities Project)<BR>
Series A&#8201;5.50% 12/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;404,935
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Kaiser Permanente)<BR>
Series A-2&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,140,330
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Aberdeen Ridge)<BR>
Series A&#8201;5.00% 5/15/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;382,175
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(AdventHealth Obligated Group)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;3.00% 11/15/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,476,780
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;4.00% 11/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;476,445
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Adventist Health System/Sunbelt Obligated Group)<BR>
Series A&#8201;5.00% 11/15/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,038,930
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(American Baptist)<BR>
&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,660,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,672,699
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Bethesda Project)<BR>
Series A-1&#8201;5.00% 9/15/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;669,165
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Cappella of Grand Junction Project)<BR>
144A&#8201;5.00% 12/1/54&#8201;&#8201;#
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;525,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;346,448
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(CommonSpirit Health)<BR>
Series A-2&#8201;5.00% 8/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;290,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;299,532
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Covenant Living Communities and Services)<BR>
Series A&#8201;4.00% 12/1/40&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;645,608
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
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style="clear:both;padding-top:36pt;width:100%;" type="Block">
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style="clear:both;color:#000000;font-family:Arial Narrow;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 [0623] 0823
(3054904)</DIV>
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style="margin-top:3pt;">
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style="float:left;overflow:hidden;position:relative;width:48%;" type="Block">
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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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Covenant Retirement Communities, Inc.)<BR>
Series A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;1,007,300
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Sanford)<BR>
Series A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,465,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,505,888
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Sunny Vista Living Center Project)<BR>
Series A 144A&#8201;6.25% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;505,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;340,976
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Crookston, Minnesota Health Care<BR>
Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Riverview Health Project)<BR>
&#8201;5.00% 5/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,390,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,055,385
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Cuyahoga County, Ohio Hospital<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(The Metrohealth System)<BR>
&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,012,650
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Deephaven, Minnesota Housing &amp;<BR>
Healthcare Facility Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(St. Therese Senior Living Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;280,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;244,378
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 4/1/40&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;270,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;231,485
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Escambia County, Florida 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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Baptist Healthcare Corporation Obligated Group)<BR>
Series A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,150,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;996,498
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Hayward, Minnesota Health Care<BR>
Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(American Baptist Homes Midwest Obligated Group)<BR>
&#8201;5.75% 2/1/44&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;416,700
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(St. John's Lutheran Home of Albert Lea Project)<BR>
Series A&#8201;5.375% 10/1/44&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;125,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;75,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Henrico County, Virginia Economic<BR>
Development Authority Residential Care Facility Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Westminster Canterbury Richmond)<BR>
Series A&#8201;5.00% 10/1/52&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,200,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,216,200
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">Hillsborough County, Florida<BR>
Industrial Development Authority Hospital Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Tampa General Hospital Project)<BR>
Series A&#8201;3.50% 8/1/55&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;6,875,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;5,190,900
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Hospital Facility Authority Union<BR>
County, Oregon Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Grande Ronde Hospital Project)<BR>
&#8201;5.00% 7/1/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,665,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,701,730
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Idaho Health Facilities 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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(St. Luke's Health System Project)<BR>
Series A&#8201;3.00% 3/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,630,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,298,968
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Illinois Finance Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(NorthShore - Edward-Elmhurst Health Credit Group)<BR>
Series A&#8201;5.00% 8/15/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,355,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;4,585,554
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Jacksonville, Alabama Public<BR>
Educational Building Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Jsu Foundation Project)<BR>
Series A&#8201;5.25% 8/1/53&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,260,880
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Maple Grove, Minnesota Health<BR>
Care Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Maple Grove Hospital Corporation)<BR>
&#8201;4.00% 5/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;937,070
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(North Memorial Health Care)<BR>
&#8201;5.00% 9/1/30&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;865,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;888,121
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Maple Plain, Minnesota Senior<BR>
Housing &amp; Health Care Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Haven Homes Project)<BR>
&#8201;5.00% 7/1/54&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,209,930
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Maricopa County, Arizona<BR>
Industrial Development Authority Hospital Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(HonorHealth)<BR>
Series A&#8201;3.00% 9/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;716,870
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Minneapolis Health Care System<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Fairview Health Services)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 11/15/33&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;514,045
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 11/15/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;513,510
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:47pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ- OV9 [0623] 0823
(3054904)&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 Narrow;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 Narrow;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;">&#174;</SUP> National Municipal Income Fund &#160;&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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">Minneapolis Senior Housing &amp;<BR>
Healthcare Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Ecumen-Abiitan Mill City Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 11/1/35&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;220,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8201;&#8199;&#8199;&#8199;201,190
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.25% 11/1/45&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;850,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;752,072
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Missouri Health &amp; Educational<BR>
Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Mercy Health)<BR>
&#8201;4.00% 6/1/53&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,630,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,561,328
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Montgomery County,<BR>
Pennsylvania Higher Education and Health Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Thomas Jefferson University)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;4.00% 5/1/56&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;868,410
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;5.00% 5/1/57&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,515,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,615,775
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">New Hope, Texas Cultural<BR>
Education Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Cardinal Bay Inc. - Village on the Park/Carriage Inn Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;5.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;135,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;92,475
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;160,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;80,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">New York State Dormitory<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Montefiore Obligated Group)<BR>
Series A&#8201;3.00% 9/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,600,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;4,173,344
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Puerto Rico Industrial Tourist<BR>
Educational Medical &amp; Environmental Control 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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Hospital Auxilio Mutuo Obligated Group Project)<BR>
&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;360,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;391,086
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Rochester, Minnesota Health Care<BR>
&amp; Housing Facility Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(The Homestead at Rochester Project)<BR>
Series A&#8201;6.875% 12/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,220,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,214,803
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Shakopee, Minnesota Health Care<BR>
Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(St. Francis Regional Medical Center)<BR>
&#8201;4.00% 9/1/31&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;205,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;205,232
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Cloud, Minnesota Health Care<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Centracare Health System Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;4.00% 5/1/49&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,585,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,453,001
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">St. Cloud, Minnesota Health Care<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Centracare Health System Project)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 5/1/48&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,250,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;2,307,240
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 5/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;375,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;380,396
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Paul, Minnesota Housing &amp;<BR>
Redevelopment Authority Health Care Facilities Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(HealthPartners Obligated Group Project)<BR>
Series A&#8201;5.00% 7/1/30&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,025,340
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Union County, Oregon Hospital<BR>
Facility Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Grande Ronde Hospital Project)<BR>
&#8201;5.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;494,895
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Wisconsin Health &amp; Educational<BR>
Facilities Authority Senior Living Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Covenant Communities, Inc. Project)<BR>
Second Tier Series B-5<BR>
&#8201;5.00% 7/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8201;&#8199;&#8199;&#8199;748,580
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;61,291,817
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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">Housing Revenue Bonds &#8212; 1.76%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">New York City Housing<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Sustainable Development)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;4.85% 11/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;503,570
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 5/1/63&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,000,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8199;&#8199;2,040,480
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;&#8199;2,544,050
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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">Industrial Development Revenue/Pollution ControlRevenue Bonds &#8212; 41.69%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Arizona Industrial Development<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Legacy Cares, Inc. Project)<BR>
Series A 144A&#8201;7.75% 7/1/50&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;725,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;398,750
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Buckeye, Ohio<BR>
Tobacco Settlement 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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Senior)<BR>
Series B-2&#8201;5.00% 6/1/55&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,615,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;4,328,639
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:39pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial Narrow;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 [0623] 0823
(3054904)</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 Narrow;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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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">Industrial Development Revenue/Pollution ControlRevenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">City &amp; County of San Francisco,<BR>
California Special Tax District No. 2020-1 Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Mission Rock Facilities and Services - Federally Taxable)<BR>
Series B 144A&#8201;5.25% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;550,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8201;&#8199;&#8199;&#8199;394,163
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Fountain, Colorado Urban<BR>
Renewal Authority Tax Increment Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(South Academy Highlands Project)<BR>
Series A&#8201;5.50% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;655,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;627,208
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">GDB Debt Recovery Authority of<BR>
Puerto Rico Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Taxable)<BR>
&#8201;7.50% 8/20/40&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;8,162,101
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;6,754,138
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Golden State, California Tobacco<BR>
Securitization Settlement Asset-Backed Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;5.00% 6/1/51&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,563,645
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Capital Appreciation)<BR>
Subordinate Series B-2<BR>
&#8201;1.473% 6/1/66&#8201;&#8201;^
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:18.25%;">40,820,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;4,455,095
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Inland, California Empire Tobacco<BR>
Securitization Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Capital Appreciation Turbo Asset-Backed)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series E 144A&#8201;0.63% 6/1/57&#8201;&#8201;#, ^
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,900,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;272,883
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series F 144A&#8201;0.778% 6/1/57&#8201;&#8201;#, ^
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;142,500
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Lincoln Park Metropolitan District<BR>
Douglas County, Colorado Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Improvement)<BR>
&#8201;5.00% 12/1/46&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;521,875
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Miami-Dade County, Florida<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Capital Appreciation)<BR>
&#8201;3.505% 10/1/37&#8201;(BAM)&#8201;^
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,694,460
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">New York State Dormitory<BR>
Authority Personal Income Tax Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(General Purpose)<BR>
Series E&#8201;3.00% 3/15/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,946,000
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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">Industrial Development Revenue/Pollution ControlRevenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">New York State Thruway Authority<BR>
State Personal Income Tax Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Climate Bond Certified - Green Bonds)<BR>
Series C&#8201;5.00% 3/15/55&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,000,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;4,346,680
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Public Authority for Colorado<BR>
Energy Natural Gas Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;6.25% 11/15/28&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;865,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;928,353
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;6.50% 11/15/38&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,718,090
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Public Finance Authority,<BR>
Wisconsin Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(American Dream @ Meadowlands Project)<BR>
144A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;380,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;346,191
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Grand Hyatt San Antonio Hotel Acquisition Project)<BR>
Series A&#8201;5.00% 2/1/62&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,475,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,450,176
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Puerto Rico Sales Tax Financing<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Restructured)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;4.04% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:18.25%;">66,455,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
14,048,587
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;8,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;8,120,730
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;5.00% 7/1/58&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,510,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,453,174
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Shoals, Indiana Exempt Facilities<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(National Gypsum Project)<BR>
&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;&#8199;25,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;25,165
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">South San Francisco Community<BR>
Facilities District No. 2021-01 Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Public Facilities &amp; Services)<BR>
&#8201;4.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;907,140
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Thornton, Colorado Development<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(East 144th Avenue &amp; I-25 Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;265,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;269,309
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;5.00% 12/1/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;440,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;447,093
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Tobacco Securitization Authority of<BR>
Southern California Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(San Diego County)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Capital Appreciation Second Subordinate Series C<BR>
&#8201;1.105% 6/1/46&#8201;&#8201;^
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,235,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;588,349
</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 Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ- OV9 [0623] 0823
(3054904)&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 Narrow;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 Narrow;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;">&#174;</SUP> National Municipal Income Fund &#160;&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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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">Industrial Development Revenue/Pollution ControlRevenue Bonds&#8194;(continued)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Tobacco Securitization Authority of<BR>
Southern California Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(San Diego County)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Capital Appreciation Third Subordinate Series D<BR>
&#8201;1.183% 6/1/46&#8201;&#8201;^
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,015,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">$&#8201;&#8199;&#8199;&#8199;454,451
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;60,202,844
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 14.16%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Colorado State Department of<BR>
Transportation Certificates of Participation Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 6/15/34&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;340,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;354,756
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 6/15/36&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;545,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;565,557
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Denver, Colorado Health &amp;<BR>
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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(550 Acoma, Inc.)<BR>
&#8201;4.00% 12/1/38&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;453,920
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Idaho Housing &amp; Finance<BR>
Association Grant &amp; Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;4.00% 7/15/39&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;990,270
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Illinois Finance Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Provident Group&#8211;Sccil Properties Llc &#8211; University Of Illinois Urbana-Champaign Project)<BR>
Series A&#8201;5.25% 10/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;549,850
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Provident Group&#8211;Sccil Properties LLC &#8211; University Of Illinois Urbana-Champaign Project)<BR>
&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,076,550
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Irvine Facilities Financing<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Gateway Preserve Land Acquisition Project)<BR>
&#8201;4.25% 5/1/53&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;4,933,150
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(McCormick Place Expansion Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;4.65% 12/15/52&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;4,625,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,103,571
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series B&#8201;4.545% 12/15/54&#8201;(BAM)&#8201;^
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,077,850
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;padding-bottom:2pt;padding-right:2pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">New Jersey Transportation Trust<BR>
Fund Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series AA&#8201;4.00% 6/15/50&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,210,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;2,155,060
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">New York Liberty Development<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(4 World Trade Center - Green Bonds)<BR>
Series A&#8201;2.875% 11/15/46&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;7,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;5,237,050
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Virginia Commonwealth<BR>
Transportation Board Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(U.S. Route 58 Corridor Development Program)<BR>
&#8201;4.00% 5/15/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,000,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8199;&#8199;1,956,540
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;20,454,124
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 5.79%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Beacon Point, Colorado<BR>
Metropolitan District
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 12/1/30&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;600,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;621,096
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Cass Lake-Bena, Minnesota<BR>
Independent School District No. 115
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Minnesota School District Credit Enhancement Program)<BR>
Series A&#8201;4.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;930,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;935,031
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Chicago Board of Education Tax<BR>
General Obligation
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Dedicated Revenues)<BR>
Series D&#8201;5.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,951,070
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Chicago, Illinois Board of<BR>
Education Dedicated Capital Improvement
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;905,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:7.16pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;911,724
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Jefferson County, Colorado<BR>
School District No. R-1
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.25% 12/15/24&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;750,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;772,853
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Fiscal 2023 Subordinate Series B-1&#8201;5.25% 10/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,687,440
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Philadelphia, Pennsylvania
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Tax-Exempt)<BR>
Series A&#8201;4.00% 5/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8201;&#8199;&#8199;&#8199;488,995
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;&#8199;8,368,209
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:77pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial Narrow;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 [0623] 0823
(3054904)</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 Narrow;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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Bonds &#8212; 1.00%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Colorado Educational &amp; Cultural<BR>
Facilities Authority
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Charter School - Atlas Preparatory School Project)<BR>
144A&#8201;5.25% 4/1/45-25&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;700,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8201;&#8199;&#8199;&#8199;723,359
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Paul, Minnesota Housing &amp;<BR>
Redevelopment Authority Hospital Facility
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Healtheast Care System Project)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 11/15/29-25&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;395,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:7.16pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;411,081
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 11/15/30-25&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;290,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8201;&#8199;&#8199;&#8199;301,806
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;&#8199;1,436,246
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 6.05%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">California State
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Various Purpose)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;3.00% 3/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,638,700
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;4.00% 10/1/50&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;5,027,100
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Commonwealth of Puerto Rico
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Restructured)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;4.00% 7/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;&#8199;99,821
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;&#8199;89,861
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A-1&#8201;4.00% 7/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,340,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8199;&#8199;1,985,396
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;&#8199;8,741,057
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 7.75%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Colorado High Performance<BR>
Transportation Enterprise Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(C-470 Express Lanes)<BR>
&#8201;5.00% 12/31/56&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;996,760
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Denver, Colorado City &amp; County<BR>
Airport System Subordinate Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 12/1/48&#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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,030,620
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Illinois State Toll Highway<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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Senior)<BR>
Series A&#8201;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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,700,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,967,813
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Port Authority of Guam Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Governmental)<BR>
Series A&#8201;5.00% 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:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,050,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,071,473
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Puerto Rico Highway &amp;<BR>
Transportation Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Restructured)<BR>
Series A&#8201;5.00% 7/1/62&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:3pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,250,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;1,218,750
</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:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:3pt;
text-align:center;text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">Principal<BR>
amount&#176;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">Value (US $)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;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 Narrow;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 Narrow;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:58.33%;">South Jersey, New Jersey<BR>
Transportation Authority Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 11/1/45&#8201;(BAM)&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,455,000
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:2pt;padding-top:1pt;text-align:right;text-decoration:none;
text-transform:none;vertical-align:bottom;width:21.83%;">$&#8199;&#8199;2,625,156
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">St. Paul, Minneapolis Metropolitan<BR>
Airports Commission Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Senior)<BR>
Series C&#8201;5.00% 1/1/46&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;1,245,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8199;&#8199;1,284,790
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:6.16pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;11,195,362
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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; 7.70%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Guam Waterworks Authority Water<BR>
&amp; Wastewater System Revenue Refunding
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">&#8201;5.00% 7/1/37&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,069,090
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Portland, Oregon Sewer System<BR>
Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Second Lien)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 12/1/42&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;2,195,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;2,470,999
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8201;5.00% 12/1/47&#8201;&#8201;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;5,000,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8199;&#8199;5,572,550
</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:78.97%;" colspan="3">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:6.76pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;11,112,639
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:78.97%;" colspan="3">Total Municipal Bonds<BR>
<FONT
style="font-weight:Normal;">(cost $240,287,024)</FONT>
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:21.83%;">235,340,049
</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="border-bottom:0.5pt solid #000000;padding-bottom:0.75pt;padding-top:1pt;text-align:left;vertical-align:bottom;width:100%;" colspan="4">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:6pt;padding-top:0.75pt;text-align:left;
text-decoration:none;text-transform:none;vertical-align:bottom;width:100%;" colspan="4">Short-Term Investments &#8212; 3.18%
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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">Variable Rate Demand Notes &#8212; 3.18%&#164;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Los Angeles Department of Water<BR>
&amp; Power Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Subordinate Series A-2&#8194;2.60% 7/1/45<BR>
(SPA - Barclays Bank)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8199;3,000,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;
&#8199;3,000,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Subordinate<BR>
Series B-3&#8194;2.60% 7/1/34<BR>
(SPA - Barclays Bank)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;500,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;500,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Minneapolis, Minnesota Health<BR>
Care System Revenue
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">(Fairview Health Services) Series C&#8194;3.65% 11/15/48<BR>
(LOC &#8211; Wells Fargo Bank N.A.)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:1pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;200,000
</TD><TD
style="color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8201;
&#8199;&#8199;&#8199;200,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">University of North Carolina<BR>
Hospitals at Chapel Hill
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:21.83%;">&#160;
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Series A&#8194;3.60% 2/15/31<BR>
(SPA - TD Bank N.A.)
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;padding-right:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:18.25%;">&#8201;&#8199;&#8199;900,000
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;color:#000000;font-family:Arial Narrow;font-family:Arial Narrow;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:6.56pt;padding-top:1pt;text-align:right;text-decoration:none;text-decoration:none;text-transform:none;text-transform:none;
vertical-align:bottom;width:21.83%;">&#8201;&#8199;&#8199;&#8199;900,000
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:78.97%;" colspan="3">Total Short-Term Investments<BR>
<FONT
style="font-weight:Normal;">(cost $4,600,000)</FONT>
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:5.56pt;padding-top:1.62pt;
text-align:right;text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">&#8199;&#8199;4,600,000
</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 Narrow;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:78.97%;" colspan="3">Total&#160;Value&#160;of&#160;Securities&#8212;166.14%<BR>
<FONT
style="font-weight:Normal;">(cost $244,887,024)</FONT>
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">$<FONT
style="font-weight:bold;">239,940,049</FONT>
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:68pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;text-align:right;text-decoration:none;text-transform:none;">NQ- OV9 [0623] 0823
(3054904)&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 Narrow;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 Narrow;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;">&#174;</SUP> National Municipal Income Fund &#160;&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;padding-bottom:2pt;padding-right:1pt;padding-top:3pt;text-align:left;vertical-align:bottom;width:58.33%;">&#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:2.38%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;padding-bottom:2pt;padding-right:2pt;padding-top:3pt;text-align:center;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:3pt;text-align:center;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">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 Narrow;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:58.33%;">Liquidation Value of Preferred &#8211; (68.55%)
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:1pt;padding-right:2pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:1pt;padding-left:8.40pt;text-align:right;text-decoration:none;text-transform:none;
vertical-align:bottom;white-space:nowrap;width:21.83%;">(99,000,000)
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Receivables and Other Assets Net of Liabilities&#8212;2.41%
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:1pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:2pt;padding-top:1pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:1pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;width:21.83%;">$<FONT
style="font-weight:bold;">&#8199;&#8199;3,480,038</FONT>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:58.33%;">Net Assets Applicable to 12,278,003 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:2.38%;">&#160;
</TD><TD
style="line-height:0pt;padding-bottom:2pt;padding-right:2pt;padding-top:1.62pt;text-align:right;vertical-align:bottom;width:18.25%;">&#160;
</TD><TD
style="border-bottom:0.5pt solid #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:bold;line-height:13pt;padding-bottom:2pt;padding-left:2pt;padding-top:1.62pt;text-align:right;
text-decoration:none;text-transform:none;vertical-align:bottom;white-space:nowrap;width:21.83%;">$144,420,087
</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 Narrow;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:3.00%;">&#176;
</TD><TD
style="color:#000000;font-family:Arial Narrow;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:98.19%;">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 Narrow;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:3.00%;">#
</TD><TD
style="color:#000000;font-family:Arial Narrow;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:98.19%;">Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At June 30, 2023, the aggregate value of Rule 144A securities was $4,967,266, which
represents 3.44% of the Fund's net assets.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:3.00%;">&#8225;
</TD><TD
style="color:#000000;font-family:Arial Narrow;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:98.19%;">Non-income producing security. Security is currently in default.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:3.00%;">^
</TD><TD
style="color:#000000;font-family:Arial Narrow;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:98.19%;">Zero-coupon security. The rate shown is the effective yield at the time of purchase.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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:3.00%;">&#167;
</TD><TD
style="color:#000000;font-family:Arial Narrow;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:98.19%;">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>
<DIV
style="float:right;overflow:hidden;position:relative;width:48%;" type="Block">
<DIV
style="text-align:left;">
<TABLE
style="border-collapse:collapse;empty-cells:show;margin-top:0pt;width:100%;" cellpadding="0" cellspacing="0">
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;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:3.00%;">&#164;
</TD><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:3pt;padding-top:8.5pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:98.19%;">Tax-exempt obligations that contain a floating or variable interest rate adjustment formula and an unconditional right of demand to receive payment of the unpaid
principal balance plus accrued interest upon a short notice period (generally up to 30 days) prior to specified dates either from the issuer or by drawing on a bank letter of credit, a guarantee, or insurance issued
with respect to such instrument. Each rate shown is as of June 30, 2023.
</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 Narrow;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>
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">AGM &#8211; Insured by Assured Guaranty Municipal Corporation
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">AICUP &#8211; Association of Independent Colleges &amp; Universities of Pennsylvania
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">AMT &#8211; Subject to Alternative Minimum Tax
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">BAM &#8211; Insured by Build America Mutual Assurance
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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.
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">LOC &#8211; Letter of Credit
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">N.A. &#8211; National Association
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;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%;">SPA &#8211; Stand-by Purchase Agreement
</TD></TR>
<TR
style="page-break-inside:avoid;"><TD
style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:Normal;font-weight:Normal;line-height:13pt;padding-bottom:3pt;padding-left:0pt;padding-top:1.75pt;text-align:left;text-decoration:none;
text-transform:none;vertical-align:top;width:100%;">USD &#8211; US Dollar
</TD></TR></TABLE>
</DIV>
</DIV>
</DIV>
<DIV
style="clear:both;">&nbsp;
<DIV
style="clear:both;padding-top:382pt;width:100%;" type="Block">
<DIV
style="clear:both;color:#000000;font-family:Arial Narrow;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 [0623] 0823
(3054904)</DIV>
</DIV>
</DIV>
</DIV>
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style="clear:both;font-size:12pt;height:0pt;">
</DIV>
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