<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
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    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000766351</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000051601</seriesId>
        <classId>C000162345</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
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      <regFileNumber>811-04279</regFileNumber>
      <regCik>0000766351</regCik>
      <regLei>549300J5E2OE7HWZ1521</regLei>
      <regStreet1>400 N ROBERT ST</regStreet1>
      <regCity>ST PAUL</regCity>
      <regStateConditional regCountry="US" regState="US-MN"/>
      <regZipOrPostalCode>55101</regZipOrPostalCode>
      <regPhone>651-665-3500</regPhone>
      <seriesName>SFT Equity Stabilization Fund</seriesName>
      <seriesId>S000051601</seriesId>
      <seriesLei>549300BLYNITPPNB5749</seriesLei>
      <repPdEnd>2025-12-31</repPdEnd>
      <repPdDate>2025-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>530590.76</totLiabs>
      <netAssets>284367707.17</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>7976222.72000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000162345" rtn1="2.89000000" rtn2="2.46000000" rtn3="-0.35000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
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            <mon3 netRealizedGain="-4396654.44000000" netUnrealizedAppr="1244433.73000000"/>
            <futureCategory>
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        <fundsDesignatedInfo>
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        </fundsDesignatedInfo>

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        <fairValLevel>1</fairValLevel>
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        <name>iShares MSCI Emerging Markets Min Vol Factor ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>iShares MSCI USA Min Vol Factor ETF</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>iShares MSCI Germany ETF</name>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
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        <issuerConditional desc="derivative" issuerCat="OTHER"/>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CME E-mini S&amp;P 500 Index Futures</indexName>
                <indexIdentifier>ESM5 Index</indexIdentifier>
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            <expDate>2025-06-20</expDate>
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        <name>iShares MSCI EAFE Min Vol Factor ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Options Clearing Corp.</name>
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        <fairValLevel>1</fairValLevel>
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            <counterparties>
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            <writtenOrPur>Written</writtenOrPur>
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              <indexBasketInfo>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
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        <name>iShares Core High Dividend ETF</name>
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      </invstOrSec>
      <invstOrSec>
        <name>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional U.S. Government Money Market Fund</title>
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          <isin value="US8574927062"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-04-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Securian Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Kevin Ligtenberg</ncom:signature>
      <ncom:signerName>Kevin Ligtenberg</ncom:signerName>
      <ncom:title>Director Investment Operations</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
