<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002095286</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>5</amendmentNo>
      <securitiesClassTitle>Shares of beneficial interest, no par value per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>05/14/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002054992</issuerCik>
        <issuerName>LINCOLN BAIN CAPITAL TOTAL CREDIT FUND</issuerName>
        <issuerCusips>
          <issuerCusipNumber>53287N300</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">1301 South Harrison Street</street1>
          <city xmlns="http://www.sec.gov/edgar/common">Fort Wayne</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">IN</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">46802</zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>LVIP GLOBAL GROWTH ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>8129747.23</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>8129747.23</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>8129747.23</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.72</classPercent>
      <typeOfReportingPerson>IV</typeOfReportingPerson>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>LVIP GLOBAL MODERATE ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>6927276.61</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>6927276.61</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6927276.61</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>22.77</classPercent>
      <typeOfReportingPerson>IV</typeOfReportingPerson>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>LVIP U.S. GROWTH ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>2864811.75</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>2864811.75</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2864811.75</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.42</classPercent>
      <typeOfReportingPerson>IV</typeOfReportingPerson>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>LINCOLN BAIN CAPITAL TOTAL CREDIT FUND</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>1301 South Harrison Street, Fort Wayne, Indiana 46802</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>1: LVIP Global Growth Allocation Managed Risk Fund, a series of Lincoln Variable Insurance Products Trust

2: LVIP Global Moderate Allocation Managed Risk Fund, a series of Lincoln Variable Insurance Products Trust

3: LVIP U.S Growth Allocation Managed Risk Fund, a series of Lincoln Variable Insurance Products Trust</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>1: 1301 South Harrison Street, Fort Wayne, Indiana 46802

2: 1301 South Harrison Street, Fort Wayne, Indiana 46802

3: 1301 South Harrison Street, Fort Wayne, Indiana 46802</principalBusinessOfficeOrResidenceAddress>
        <citizenship>1: Delaware
2: Delaware
3: Delaware</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IC</typeOfPersonFiling>
        <typeOfPersonFiling>IV</typeOfPersonFiling>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
        <typeOfPersonFiling>HC</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>See the response(s) to Item 9 on the attached cover page(s).</amountBeneficiallyOwned>
        <classPercent>See the response(s) to Item 11 on the attached cover page(s).</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>See the response(s) to Item 5 on the attached cover page(s).</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>See the response(s) to Item 6 on the attached cover page(s).</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>See the response(s) to Item 7 on the attached cover page(s).</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See the response(s) to Item 8 on the attached cover page(s).</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>All of the shares of beneficial interest, no par value (the "Shares"), reported in this Schedule 13G/A are held in the accounts of clients of Lincoln Financial Investments Corporation, a Tennessee corporation ("LFI"), none of which individually owns more than 5% of the Shares, other than (1) LVIP Global Growth Allocation Managed Risk Fund,(2) LVIP Global Moderate Allocation Managed Risk Fund and (3) LVIP U.S. Growth Allocation Managed Risk Fund, each a series of Lincoln Variable Insurance Products Trust (the "Trust"), an investment company registered with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940, as amended.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>Lincoln National Corporation, an Indiana corporation, is the ultimate parent company of LFI and The Lincoln National Life Insurance Company, an Indiana corporation ('LNL"). LFI is registered as an investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended, and acts as investment adviser to each of (1) LVIP Global Growth Allocation Managed Risk Fund,(2) LVIP Global Moderate Allocation Managed Risk Fund and (3) LVIP U.S. Growth Allocation Managed Risk Fund, each a series of the Trust for which LFI serves as investment adviser. LNL is classified as an insurance company as defined in Section 3(a)(19) of the Securities Exchange Act of 1934.</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>LVIP GLOBAL GROWTH ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</reportingPersonName>
      <signatureDetails>
        <signature>/s/Gordon Huellmantel</signature>
        <title>Gordon Huellmantel, Senior Vice President</title>
        <date>05/18/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>LVIP GLOBAL MODERATE ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</reportingPersonName>
      <signatureDetails>
        <signature>/s/Gordon Huellmantel</signature>
        <title>Gordon Huellmantel, Senior Vice President</title>
        <date>05/18/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>LVIP U.S. GROWTH ALLOCATION MANAGED RISK FUND, A SERIES OF LINCOLN VARIABLE INSURANCE PRODUCTS TRUST</reportingPersonName>
      <signatureDetails>
        <signature>/s/Gordon Huellmantel</signature>
        <title>Gordon Huellmantel, Senior Vice President</title>
        <date>05/18/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
