<SEC-DOCUMENT>0001170311-20-000042.txt : 20200529
<SEC-HEADER>0001170311-20-000042.hdr.sgml : 20200529
<ACCEPTANCE-DATETIME>20200529134650
ACCESSION NUMBER:		0001170311-20-000042
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200331
FILED AS OF DATE:		20200529
PERIOD START:           	20201231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO NEW YORK MUNICIPAL INCOME FUND II
		CENTRAL INDEX KEY:			0001170311
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21078
		FILM NUMBER:		20926377

	BUSINESS ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		212-739-3000

	MAIL ADDRESS:	
		STREET 1:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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        <valUSD>169517.700000</valUSD>
        <pctVal>0.1412681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION</name>
        <lei>549300KOSU8OC75V9238</lei>
        <title>WESTCHESTER CO NY LOCAL DEV CO WSTDEV 05/42 FIXED 5.5</title>
        <cusip>95737TBC9</cusip>
        <identifiers>
          <isin value="US95737TBC99"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1037340.000000</valUSD>
        <pctVal>0.8644704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YONKERS NY ECONOMIC DEV CORP EDL REV</name>
        <lei>N/A</lei>
        <title>YONKERS NY ECON DEV CORP EDUCT YONDEV 10/30 FIXED 6</title>
        <cusip>98608MAA9</cusip>
        <identifiers>
          <isin value="US98608MAA99"/>
        </identifiers>
        <balance>815000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>825146.750000</valUSD>
        <pctVal>0.6876385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="A negative balance, which may be due to such circumstances as a net overdraft as of the reporting period-end, is reported as $0 in Item B.2.f - Cash and cash equivalents not reported in Parts C and D.  This is done in order to conform to the technical constraints of the XML type, which do not allow negative values in B.2.f." noteItem="B.2.f"/>
      <explntrNote note="Total returns do not deduct sales loads and redemption fees." noteItem="B.5.a"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.c.vi"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.d.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.e.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.f.ii"/>
      <explntrNote note="The form requires the filer to report ISO country codes and certain supranational entities are not on the ISO country code list.  Instruments issued by or economic exposure to a supranational entity may be disclosed as N/A." noteItem="C.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-05-04</ncom:dateSigned>
      <ncom:nameOfApplicant>PIMCO New York Municipal Income Fund II</ncom:nameOfApplicant>
      <ncom:signature>/s/ Jason Nagler</ncom:signature>
      <ncom:signerName>Jason Nagler</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>NPORT-EX
<SEQUENCE>2
<FILENAME>nymunicipalincomefundii.htm
<DESCRIPTION>PIMCO NEW YORK MUNICIPAL INCOME FUND II
<TEXT>
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                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO New York Municipal Income Fund II</FONT></P>
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                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
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                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>(AMOUNTS IN THOUSANDS*, EXCEPT NUMBER OF SHARES, CONTRACTS AND UNITS, IF ANY)</FONT></P>
                        </TD>
                        <TD colspan="4">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>PRINCIPAL</FONT><FONT><BR>AMOUNT</FONT><FONT><BR>(000s)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>MARKET</FONT><FONT><BR>VALUE</FONT><FONT><BR>(000s)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>INVESTMENTS IN SECURITIES 167.0% &#164;</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>MUNICIPAL BONDS &amp; NOTES 167.0% </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>ILLINOIS 2.7% </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Chicago, Illinois General Obligation Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>6.000% due 01/01/2038</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,151</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Illinois State General Obligation Notes, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2026</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,051</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>3,202</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>NEW YORK 157.7% </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Build NYC Resource Corp., New York Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.000% due 11/01/2047 (c)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,978</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Dutchess County, New York Local Development Corp. Revenue Bonds, Series 2015</FONT><FONT> </FONT><FONT><BR>5.000% due 07/01/2045</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,479</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Dutchess County, New York Local Development Corp. Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>4.000% due 07/01/2041</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,200</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,418</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Housing Development Corp., New York Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>3.700% due 11/01/2047 (c)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,043</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Hudson Yards Infrastructure Corp., New York Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>5.750% due 02/15/2047</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>9,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>9,342</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Long Island Power Authority, New York Revenue Bonds, Series 2014</FONT><FONT> </FONT><FONT><BR>5.000% due 09/01/2044</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,889</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Metropolitan Transportation Authority, New York Revenue Bonds, (AGM Insured), Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 11/15/2046</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,133</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Metropolitan Transportation Authority, New York Revenue Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 11/15/2043</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,171</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Metropolitan Transportation Authority, New York Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>5.250% due 11/15/2056</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,200</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,327</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Metropolitan Transportation Authority, New York Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 11/15/2035</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,641</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Monroe County Industrial Development Corp., New York Revenue Bonds, (FHA Insured), Series 2010</FONT><FONT> </FONT><FONT><BR>5.500% due 08/15/2040</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,598</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Monroe County Industrial Development Corp., New York Revenue Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 07/01/2043</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,970</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Monroe County Industrial Development Corp., New York Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 12/01/2041</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,525</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Nassau County, New York Industrial Development Agency Revenue Bonds, Series 2014</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>2.000% due 01/01/2049 ^(a) </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>650</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>97</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>6.700% due 01/01/2049 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,800</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,498</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Nassau County, New York Tobacco Settlement Corp. Revenue Bonds, Series 2006</FONT><FONT> </FONT><FONT><BR>5.125% due 06/01/2046</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Health &amp; Hospital Corp. Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>5.000% due 02/15/2030</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,503</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Housing Development Corp. Revenue Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.250% due 07/01/2031</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,250</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,380</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Industrial Development Agency, New York Revenue Bonds, (AGC Insured), Series 2009</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>6.500% due 01/01/2046 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,506</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>7.000% due 03/01/2049 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,900</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,950</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Industrial Development Agency, New York Revenue Bonds, (FGIC Insured), Series 2006</FONT><FONT> </FONT><FONT><BR>5.000% due 03/01/2031</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>737</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Industrial Development Agency, New York Revenue Bonds, (NPFGC Insured), Series 2006</FONT><FONT> </FONT><FONT><BR>5.000% due 03/01/2036</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,900</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,867</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Transitional Finance Authority Future Tax Secured, New York Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>4.000% due 02/01/2044</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,201</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Transitional Finance Authority Future Tax Secured, New York Revenue Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>4.000% due 08/01/2041</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>685</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>771</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Water &amp; Sewer System, New York Revenue Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>5.000% due 06/15/2040</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,300</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,788</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City Water &amp; Sewer System, New York Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 06/15/2049 (c)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,596</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City, General Obligation Bonds, Series 2013</FONT><FONT> </FONT><FONT><BR>5.000% due 08/01/2031</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,228</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City, General Obligation Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>5.000% due 04/01/2043</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,780</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,336</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City, New York General Obligation Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 08/01/2039</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,857</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City, New York Transitional Finance Authority Building Aid Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>4.000% due 07/15/2040</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,090</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York City, New York Transitional Finance Authority Building Aid Revenue Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>5.250% due 07/15/2036</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,499</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York Convention Center Development Corp. Revenue Bonds, Series 2015</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 11/15/2045 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>230</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>243</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <TABLE width="auto" style="width: auto; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="330.48pt" style="width: 330.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="351.24pt" style="width: 351.24pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO New York Municipal Income Fund II</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="69.12pt" style="width: 69.12pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="172.80pt" style="width: 172.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="60.48pt" style="width: 60.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="60.48pt" style="width: 60.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="51.84pt" style="width: 51.84pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 11/15/2045 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,132</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York County, New York Tobacco Trust IV Revenue Bonds, Series 2005</FONT><FONT> </FONT><FONT><BR>0.000% due 06/01/2050 (b)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>30,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,331</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York County, New York Tobacco Trust IV Revenue Bonds, Series 2016</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2036 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,040</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2041 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,027</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York County, New York Tobacco Trust V Revenue Bonds, Series 2005</FONT><FONT> </FONT><FONT><BR>0.000% due 06/01/2055 (b)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>225</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York Liberty Development Corp. Revenue Bonds, Series 2005</FONT><FONT> </FONT><FONT><BR>5.250% due 10/01/2035 (c)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,350</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,843</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York Liberty Development Corp. Revenue Bonds, Series 2011</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 12/15/2041 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,147</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.750% due 11/15/2051 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,359</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York Liberty Development Corp. Revenue Bonds, Series 2014</FONT><FONT> </FONT><FONT><BR>5.000% due 11/15/2044</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>4,062</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, (AMBAC Insured), Series 2005</FONT><FONT> </FONT><FONT><BR>5.500% due 05/15/2031</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,490</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>10,359</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>5.500% due 07/01/2040</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,011</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, Series 2011</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 07/01/2031 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,097</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.500% due 07/01/2036 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,581</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, Series 2017</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 02/15/2047 (c) </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,646</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 12/01/2030 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,168</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 12/01/2033 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>800</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>920</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 08/01/2037 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,984</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 03/15/2043 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,237</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 03/15/2044 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,625</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,180</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, Series 2019</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 03/15/2041 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,235</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 07/01/2042 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,235</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 03/15/2047 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,442</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Dormitory Authority Revenue Bonds, Series 2020</FONT><FONT> </FONT><FONT><BR>4.000% due 07/01/2046</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,658</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Thruway Authority Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>5.250% due 01/01/2056</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,480</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,727</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Thruway Authority Revenue Bonds, Series 2018</FONT><FONT> </FONT><FONT><BR>4.000% due 01/01/2036</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,079</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Thruway Authority Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>4.000% due 01/01/2053</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,775</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,924</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">New York State Urban Development Corp. Revenue Bonds, Series 2019</FONT><FONT> </FONT><FONT><BR>5.000% due 03/15/2041</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,176</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Niagara Tobacco Asset Securitization Corp., New York Revenue Bonds, Series 2014</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.250% due 05/15/2034 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>514</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.250% due 05/15/2040 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>511</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Onondaga County, New York Revenue Bonds, Series 2011</FONT><FONT> </FONT><FONT><BR>5.000% due 12/01/2036</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,063</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Port Authority of New York &amp; New Jersey Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>6.000% due 12/01/2036</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,439</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Port Authority of New York &amp; New Jersey Revenue Bonds, Series 2016</FONT><FONT> </FONT><FONT><BR>5.250% due 11/15/2056 (c)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,155</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Port Authority of New York &amp; New Jersey Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.250% due 11/15/2057</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>5,400</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,591</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Tender Option Bond Trust Receipts/Certificates, New York Revenue Notes, Series 2018</FONT><FONT> </FONT><FONT><BR>4.850% due 08/15/2025</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,125</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,125</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Triborough Bridge &amp; Tunnel Authority, New York Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.000% due 11/15/2048 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,800</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,050</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 11/15/2045 (c) </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,586</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Triborough Bridge &amp; Tunnel Authority, New York Revenue Bonds, Series 2019</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 11/15/2041 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,229</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 11/15/2042 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>750</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>920</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Troy Capital Resource Corp., New York Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>5.125% due 09/01/2040</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,435</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,485</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">TSASC, Inc., New York Revenue Bonds, Series 2017</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2035 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,287</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 06/01/2041 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>500</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>524</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Ulster County, New York Capital Resource Corp. Revenue Bonds, Series 2017</FONT><FONT> </FONT><FONT><BR>5.250% due 09/15/2047</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>895</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Westchester County Healthcare Corp., New York Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>6.125% due 11/01/2037</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,490</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,531</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Westchester County, New York Local Development Corp. Revenue Bonds, Series 2014</FONT><FONT> </FONT><FONT><BR>5.500% due 05/01/2042</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,000</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,037</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Yonkers Economic Development Corp., New York Revenue Bonds, Series 2010</FONT><FONT> </FONT><FONT><BR>6.000% due 10/15/2030</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>815</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>825</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>189,253</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>PUERTO RICO 6.6% </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 7.2pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018</FONT><FONT> </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>0.000% due 07/01/2046 (b) </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>2,830</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>673</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>4.750% due 07/01/2053 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,165</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>1,100</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO New York Municipal Income Fund II</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="69.12pt" style="width: 69.12pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="172.80pt" style="width: 172.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="60.48pt" style="width: 60.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="60.48pt" style="width: 60.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="51.84pt" style="width: 51.84pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>5.000% due 07/01/2058 </FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,285</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="text-indent: -8.639999999999999pt; padding-left: 8.639999999999999pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>6,127</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>7,900</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Municipal Bonds &amp; Notes (Cost $189,434)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>200,355</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Investments in Securities (Cost $189,434)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 1.2pt; margin-bottom: 1.2pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>200,355</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Total Investments 167.0% (Cost $189,434)</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>200,355</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Auction Rate Preferred Shares (4</FONT><FONT>8.3</FONT><FONT>)%</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>(58,000)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Variable Rate MuniFund Term Preferred Sh</FONT><FONT>ares, at liquidation value (17.5</FONT><FONT>)%</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>(2</FONT><FONT>0</FONT><FONT>,</FONT><FONT>972</FONT><FONT>)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Other Assets and Liabilities, net (</FONT><FONT>1.2</FONT><FONT>)%</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>(</FONT><FONT>1,386</FONT><FONT>)</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="9" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT>Net Assets Applicable to Common Shareholders 100.0%</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="margin-top: 2.4pt; margin-bottom: 2.4pt; font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 84.66pt; text-align: right; "><FONT>119,997</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <TABLE width="676.08pt" style="width: 676.08pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="556.32pt" style="width: 556.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="119.76pt" style="width: 119.76pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 13.0pt; ">Schedule of Investments  </FONT><FONT style="font-size: 13.0pt; ">PIMCO New York Municipal Income Fund II</FONT><FONT style="font-size: 11pt; vertical-align: super; ">  </FONT><FONT style="font-size: 13.0pt; ">(Cont.)</FONT></P>
                        </TD>
                        <TD style="background-color: white; vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">March 31, 2020</FONT><FONT style="font-size: 8.0pt; "> </FONT></P>
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.0pt; ">(Unaudited)</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <TABLE width="691.20pt" style="width: 691.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="69.12pt" style="width: 69.12pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="172.80pt" style="width: 172.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="60.48pt" style="width: 60.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="60.48pt" style="width: 60.48pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="43.20pt" style="width: 43.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="25.92pt" style="width: 25.92pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="51.84pt" style="width: 51.84pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="8.64pt" style="width: 8.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="17.28pt" style="width: 17.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="line-height: 2.0pt; font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="16">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">NOTES TO SCHEDULE OF INVESTMENTS:   </FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">* A zero balance may reflect actual amounts rounding to less than one thousand.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">&#164;</FONT></P>
                        </TD>
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">^</FONT></P>
                        </TD>
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Security is in default.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(a)</FONT></P>
                        </TD>
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Security is not accruing income as of the date of this report.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(b)</FONT></P>
                        </TD>
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Zero coupon security.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">(c)</FONT></P>
                        </TD>
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="margin-top: 4.8pt; margin-bottom: 4.8pt; font-family: Arial, sans-serif; font-size: 7.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Represents an underlying municipal bond transferred to a tender option bond trust established in a tender option bond transaction in which the Fund sold, or caused the sale of, the underlying municipal bond and purchased the residual interest certificate. The security serves as collateral in a financing transaction.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="margin-top: 14.4pt; margin-bottom: 7.2pt; font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; "><FONT>FAIR VALUE MEASUREMENTS</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; ">The following is a summary of the fair valuations according to the inputs used as of March 31, 2020 in valuing the Fund's assets and liabilities</FONT><FONT>:</FONT></P>
                        </TD>
                        <TD colspan="4">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="4">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Category and Subcategory</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Level 1</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Level 2</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Level 3</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT>Fair Value</FONT><FONT><BR>at 03/31/2020</FONT></P>
                        </TD>
                        <TD colspan="4">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="font-size: 12.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.0pt; ">Investments in Securities, at Value</FONT></P>
                        </TD>
                        <TD colspan="4">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="15" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Municipal Bonds &amp; Notes</FONT></P>
                        </TD>
                        <TD colspan="4">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Illinois</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,202</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>3,202</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>New York</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>189,253</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>189,253</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Puerto Rico</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,900</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt dotted; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>7,900</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT>Total Investments</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>200,355</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>0</FONT></P>
                        </TD>
                        <TD style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>$</FONT></P>
                        </TD>
                        <TD colspan="3" style="vertical-align: bottom; border-bottom: 1pt solid; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 69.12pt; text-align: right; margin-top: 0; margin-bottom: 0; "><FONT>200,355</FONT></P>
                        </TD>
                        <TD colspan="4" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; max-width: 77.76pt; text-align: right; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="17" style="vertical-align: bottom; ">
                            <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; ">There were no significant transfers into or out of Level 3 during the period ended March 31, 2020.</FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
    </DIV>

<DIV style=" page-break-before: always;"><P style=" margin: 0pt; font-size: 5pt;">&#8203;</P></DIV>
 <DIV style="font-family: Times New Roman, Times, serif; ">
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 13.0pt; ">Notes to Financial Statements</FONT><FONT style="font-family: Arial, sans-serif; font-size: 13.0pt; ">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; color: #365585; font-size: 13.0pt; ">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="font-family: Arial, sans-serif; color: #365585; font-size: 13.0pt; ">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <P style="font-family: Times New Roman, Times, serif; font-size: 8.5pt; margin-bottom: 4.319999999999999pt; font-weight: bold; color: #365585; margin-top: 0; "><FONT style="color: black; ">1</FONT><FONT style="color: black; ">. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS</FONT><FONT style="color: black; font-size: 12.0pt; "> </FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-bottom: 9.6pt; margin-top: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">(</FONT><FONT style="font-weight: bold; font-size: 8.5pt; ">a) Investment Valuation Policies </FONT><FONT> </FONT><FONT style="font-size: 8.5pt; ">The net asset value (&#8220;NAV&#8221;) of the Fund's shares is determined by dividing the total value of portfolio investments and other assets attributable to th</FONT><FONT style="font-size: 8.5pt; ">e</FONT><FONT style="font-size: 8.5pt; "> Fund</FONT><FONT style="font-size: 8.5pt; ">,</FONT><FONT style="font-size: 8.5pt; "> less any liabilities</FONT><FONT style="font-size: 8.5pt; ">,</FONT><FONT style="font-size: 8.5pt; "> by the total number of shares outstanding of the Fund.</FONT><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; "> </FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">On each day that the New York Stock Exchange (&#8220;NYSE&#8221;) is open,</FONT><FONT style="font-size: 8.5pt; "> Fund shares are ordinarily valued as of the close of regular trading (normally 4:00 p.m., Eastern time) (&#8220;NYSE Close&#8221;). Information that becomes known to the Fund or its agents after the time as of which NAV has been calculated on a particular day will not generally be used to retroactively adjust the price of a security or the NAV determined earlier that day. The Fund reserves the right to change the time as of which its NAV is calculated if the Fund closes earlier, or as permitted by the U.S. Securities and Exchange Commission</FONT><FONT style="font-size: 8.5pt; ">.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">For purposes of calculating a NAV, portfolio securities and other assets for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of official closing prices or the last reported sales prices, or if no sales are reported, based on quotes obtained from established market makers or prices (including evaluated prices) supplied by the Fund's approved pricing services, quotation reporting systems and other third-party sources (together, &#8220;Pricing Services&#8221;). The Fund will normally use pricing data for domestic equity securities received shortly after the NYSE Close and does not normally take into account trading, clearances or settlements that take place after the NYSE Close. </FONT><FONT style="font-size: 8.5pt; ">If market value pricing is used, a foreign (non-U.S.) equity security traded on a foreign exchange or on more than one exchange is typically valued using pricing information from the exchange considered by Pacific Investment Management Company LLC (&#8220;PIMCO&#8221; or the &#8220;Manager&#8221;) to be the primary exchange. A foreign (non-U.S.) equity security will be valued as of the close of trading on the foreign exchange, or the NYSE Close, if the NYSE Close occurs before the end of trading on the foreign exchange. Domestic and foreign (non-U.S.) fixed income securities, non-exchange traded derivatives, and equity options are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Services using data reflecting the earlier closing of the principal markets for those securities. Prices obtained from Pricing Services may be based on, among other things, information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Certain fixed income securities purchased on a delayed-delivery basis are marked to market daily until settlement at the forward settlement date. Exchange-traded options, except equity options, futures and options on futures are valued at the settlement price determined by the relevant exchange. Swap agreements are valued on the basis of bid quotes obtained from brokers and dealers or market-based prices supplied by Pricing Services. The Fund's investments in open-end management investment companies, other than exchange-traded funds ("ETFs"), are valued at the NAVs of such investments.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Investments for which market quotes or market based valuations are not readily available are valued at fair value as </FONT><FONT style="font-size: 8.5pt; ">determined in good</FONT><FONT style="font-size: 8.5pt; "> </FONT><FONT style="font-size: 8.5pt; ">faith by the Fund</FONT><FONT style="font-size: 8.5pt; ">&#8217;s</FONT><FONT style="font-size: 8.5pt; "> Board of Trustees (the &#8220;Board&#8221;) or</FONT><FONT style="font-size: 8.5pt; "> </FONT><FONT style="font-size: 8.5pt; ">persons acting at their direction. The Board has adopted methods for valuing securities and other assets in circumstances where market quotes are not readily available, and has delegated to PIMCO the responsibility for applying the fair valuation methods. In the event that market quotes or market based valuations are not readily available, and the security or asset cannot be valued pursuant to a Board approved valuation method, the value of the security or asset will be determined in good faith by the Board. Market quotes are considered not readily available in circumstances where there is an absence of current or reliable market-based data (e.g., trade information, bid/ask information, indicative market quotations (&#8220;Broker Quotes&#8221;), Pricing Services&#8217; prices), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of the Fund's securities or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the securities trade do not open for trading for the entire day and no other market prices are available. The Board has delegated</FONT><FONT style="font-size: 8.5pt; ">,</FONT><FONT style="font-size: 8.5pt; "> to the Manager</FONT><FONT style="font-size: 8.5pt; ">, the responsibility for monitoring significant events that may materially affect the values of the Fund's securities or assets and for determining whether the value of the applicable securities or assets should be reevaluated in light of such significant events.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">When the Fund uses fair valuation to determine the value of a portfolio security or other asset for purposes of calculating its NAV, such investments will not be priced on the basis of quotes from the primary market in which they are traded, but rather may be priced by another method that the Board or persons acting at their direction believe reflects fair value. Fair valuation may require subjective determinations about the value of a security. While the Fund&#8217;s policy is intended to result in a calculation of the Fund&#8217;s NAV that fairly reflects security values as of the time of pricing, the Fund cannot ensure that fair values determined by the Board or persons acting at their direction would accurately reflect the price that the Fund could obtain for a security if it were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by the Fund may differ from the value that would be realized if the securities were sold.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">(b) Fair Value Hierarchy  </FONT><FONT style="font-size: 8.5pt; ">U.S. GAAP describes fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date.</FONT><FONT style="font-size: 8.5pt; "> It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into levels (Level 1, 2, or 3). The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Levels 1, 2, and 3 of the fair value hierarchy are defined as follows:</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">&#8226; Level 1 &#8212; Quoted prices in active markets or exchanges for identical assets and liabilities.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-style: italic; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">&#8226; Level 2 &#8212; Significant other observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market corroborated inputs.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">&#8226; Level 3 &#8212; Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by the Board or persons acting at their direction that are used in determining the fair value of investments. </FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">In accordance with the requirements of U.S. GAAP, the amounts of transfers into and out of Level 3, if material, are disclosed in the Notes to Schedule of Investments for the Fund</FONT><FONT style="font-size: 8.5pt; ">.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">For fair valuations using significant unobservable inputs, U.S. GAAP requires a reconciliation of the beginning to ending balances for reported fair values that presents changes attributable to realized gain (loss), unrealized appreciation (depreciation), purchases and sales, accrued discounts (premiums), and transfers into and out of the Level 3 category during the period. The end of period value is used for the transfers between Levels of the Fund's assets and liabilities. Additionally, U.S. GAAP requires quantitative information regarding the significant unobservable inputs used in the determination of fair value of assets or liabilities categorized as Level 3 in the fair value hierarchy. In accordance with the requirements of U.S. GAAP, a fair value hierarchy, and if material, a Level 3 reconciliation and details of significant unobservable inputs, have been included in the Notes to </FONT><FONT style="font-size: 8.5pt; ">Schedule of Investments for the Fund.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">(</FONT><FONT style="font-weight: bold; font-size: 8.5pt; ">c) Valuation Techniques and the Fair Value Hierarchy</FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 734.40pt; padding: 36pt 0; ">
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 43.20pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 13.0pt; ">Notes to Financial Statements </FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; ">(Cont.)</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 10.00pt 32.82pt 17.28pt 32.82pt; min-height: 864.00pt; position: relative; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">Level 1 and Level 2 trading assets and trading liabilities, at fair value </FONT><FONT style="font-size: 8.5pt; ">The valuation methods (or &#8220;techniques&#8221;) and significant inputs used in determining the fair values of portfolio securities or other assets and liabilities categorized as Level 1 and Level 2 of the fair value hierarchy are as follows:</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Fixed income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. treasury obligations, sovereign issues, bank loans, convertible preferred securities and non-U.S. bonds are normally valued </FONT><FONT style="font-size: 8.5pt; ">on the basis of quotes obtained from brokers and dealers or Pricing Services that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The Pricing Services' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Fixed income securities purchased on a delayed-delivery basis or as a repurchase commitment in a sale-buyback transaction are marked to market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-size: 8.5pt; ">Level 3 trading assets and trading liabilities, at fair value </FONT><FONT style="font-size: 8.5pt; ">When a fair valuation method is applied by </FONT><FONT style="font-size: 8.5pt; ">PIMCO that uses significant unobservable inputs, investments will be priced by a method that the Board or persons acting at their direction believe reflects fair value and are categorized as Level 3 of the fair value hierarchy.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">Short-term debt instruments (such as commercial paper) having a remaining maturity of 60 days or less may be valued at amortized cost, so long as the amortized cost value of such short-term debt instruments is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source of the base price.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Times New Roman, Times, serif; font-size: 8.5pt; margin-bottom: 4.319999999999999pt; font-weight: bold; color: #365585; margin-top: 0; "><FONT style="color: black; ">2</FONT><FONT style="color: black; ">. FEDERAL INCOME TAX MATTERS</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">The Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code (the &#8220;Code&#8221;) and distribute all of its taxable income and net realized gains, if applicable, to shareholders. Accordingly, no provision for Federal income taxes has been made.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">The Fund may be subject to local withholding taxes, including those imposed on realized capital gains. Any applicable foreign capital gains tax is accrued daily based upon net unrealized gains, and may be payable following the sale of any applicable investments.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">In accordance with U.S. GAAP, </FONT><FONT style="font-size: 8.5pt; ">the Manager has reviewed the Fund's tax positions for all open tax years. As of March 31, 2020, the Fund has recorded no liability for net unrecognized tax benefits relating to uncertain income tax positions it has taken or expects to take in future tax returns.</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-size: 12.0pt; ">&nbsp;</FONT></P>
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-size: 8.5pt; ">The</FONT><FONT style="font-size: 8.5pt; "> Fund files U.S. federal, state, and local tax returns as required. The Fund's tax returns are subject to examination by relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return but which can be extended to six years in certain circumstances. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.</FONT><FONT style="font-family: Times New Roman, Times, serif; font-size: 8.5pt; "> </FONT></P>
            </DIV>
            <DIV style="width: 668.76pt; padding: 0 32.82pt 0 32.82pt; height: 25.92pt; ">
                <P style="font-family: Arial, sans-serif; font-size: 7.0pt; margin-top: 0; margin-bottom: 0; ">&nbsp;</P>
            </DIV>
        </DIV>
        <div style="page-break-after: always; border-bottom: 1pt solid black; ">
            <p></p>
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<td style="padding: 0pt 5.4pt 0pt 5.4pt;width:85%;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>Glossary:
                                         (abbreviations that may be used in the preceding statements)</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt 0pt 5.4pt;width:15%;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt;"><font style="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt; color: black">(Unaudited)</font></p>
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<p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>
<table style="width:100%;margin-top:0px;margin-bottom:0px;margin-left:0px;margin-right:0px;border-collapse: collapse; width: 100%; margin: 0px;" border="0" cellspacing="0" cellpadding="0">

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<td style="padding: 0pt 5.4pt; border-bottom: 1pt solid #44546a;" colspan="11" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>Currency
                                         Abbreviations:</B></FONT></p>
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<td style="padding: 0pt 5.4pt;width:8%;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>USD
                                         (or $)</B></FONT></p>
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<td style="padding: 0pt 5.4pt;width:1%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:24%;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">United
                                         States Dollar</FONT></p>
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<td style="padding: 0pt 5.4pt;width:1%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:8%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:1%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:24%;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:1%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:7%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:1%;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;width:24%;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
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<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr>
<td style="padding: 0pt 5.4pt; border-bottom: 1pt solid #44546a;" colspan="11" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>Municipal
                                         Bond or Agency Abbreviations:</B></FONT></p>
</td>
</tr>
<tr>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>AGC</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">Assured
                                         Guaranty Corp.</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>AMBAC</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">American
                                         Municipal Bond Assurance Corp.</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>FHA</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">Federal
                                         Housing Administration</FONT></p>
</td>
</tr>
<tr>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>AGM</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">Assured
                                         Guaranty Municipal</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>FGIC</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">Financial
                                         Guaranty Insurance Co.</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>NPFGC</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">National
                                         Public Finance Guarantee Corp.</FONT></p>
</td>
</tr>
<tr>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>
<tr>
<td style="padding: 0pt 5.4pt; border-bottom: 1pt solid #44546a;" colspan="11" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>Other&nbsp;
                                         Abbreviations:</B></FONT></p>
</td>
</tr>
<tr>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black"><B>TBA</B></FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p  style="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt; color: black">To-Be-Announced</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom" nowrap><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
<td style="padding: 0pt 5.4pt;" valign="bottom"><p style="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt;"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8.5pt">&nbsp;</FONT></p>
</td>
</tr>

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