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            <terminationDt>2023-12-04</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>1101457.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>71643.58000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay MacKay Short Duration High Yield Fund</name>
        <lei>549300WEGNK3CPOQ1307</lei>
        <title>MainStay MacKay Short Duration High Yield Fund, Class I</title>
        <cusip>56064B738</cusip>
        <identifiers>
          <isin value="US56064B7385"/>
        </identifiers>
        <balance>3673432.34200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34070350.29000000</valUSD>
        <pctVal>2.659763094000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IQ FTSE International Equity Currency Neutral ETF</name>
        <lei>549300F6Y8RYQ8RNY082</lei>
        <title>IQ FTSE International Equity Currency Neutral ETF</title>
        <cusip>45409B560</cusip>
        <identifiers>
          <isin value="US45409B5600"/>
        </identifiers>
        <balance>1129389.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26055004.23000000</valUSD>
        <pctVal>2.034030706320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay VP Wellington Mid Cap Portfolio</name>
        <lei>N/A</lei>
        <title>MainStay VP Wellington Mid Cap Portfolio</title>
        <cusip>56064D320</cusip>
        <identifiers>
          <isin value="US56064D3200"/>
        </identifiers>
        <balance>6570234.83300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50674907.22000000</valUSD>
        <pctVal>3.956027656551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay VP Epoch U.S. Equity Yield Portfolio</name>
        <lei>N/A</lei>
        <title>MainStay VP Epoch U.S. Equity Yield Portfolio</title>
        <cusip>56064D445</cusip>
        <identifiers>
          <isin value="US56064D4455"/>
        </identifiers>
        <balance>3588707.45200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>59638217.05000000</valUSD>
        <pctVal>4.655764538708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IQ Chaikin U.S. Large Cap ETF</name>
        <lei>549300F5Q3KH3SEITR83</lei>
        <title>IQ Chaikin U.S. Large Cap ETF</title>
        <cusip>45409B388</cusip>
        <identifiers>
          <isin value="US45409B3886"/>
        </identifiers>
        <balance>1842041.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>59483003.77000000</valUSD>
        <pctVal>4.643647535204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P5934540"/>
        </identifiers>
        <balance>19936.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-673238.72000000</valUSD>
        <pctVal>-0.05255758997</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VanEck Oil Services ETF</issuerName>
                <issueTitle>VanEck Oil Services ETF</issueTitle>
                <identifiers>
                  <cusip value="92189H607"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.40000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2023-12-04</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>5524864.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-673238.72000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay VP Wellington Growth Portfolio</name>
        <lei>N/A</lei>
        <title>MainStay VP Wellington Growth Portfolio</title>
        <cusip>56064D346</cusip>
        <identifiers>
          <isin value="US56064D3465"/>
        </identifiers>
        <balance>3540399.83600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>70780735.64000000</valUSD>
        <pctVal>5.525625267102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MainStay Epoch Capital Growth Fund</name>
        <lei>5493007ZZLRL6VENV585</lei>
        <title>MainStay Epoch Capital Growth Fund, Class I</title>
        <cusip>56063N782</cusip>
        <identifiers>
          <isin value="US56063N7820"/>
        </identifiers>
        <balance>392020.26000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4678722.60000000</valUSD>
        <pctVal>0.365252883889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mainstay WMC International Research Equity Fund</name>
        <lei>549300PQST4ZGMIXWU52</lei>
        <title>Mainstay WMC International Research Equity Fund, Class I</title>
        <cusip>56063U638</cusip>
        <identifiers>
          <isin value="US56063U6385"/>
        </identifiers>
        <balance>4864885.43000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33958359.77000000</valUSD>
        <pctVal>2.651020352894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mainstay VP Floating Rate Portfolio</name>
        <lei>N/A</lei>
        <title>MainStay VP Floating Rate Portfolio</title>
        <cusip>56064D437</cusip>
        <identifiers>
          <other otherDesc="Inhouse Sedol" value="4G2096S"/>
        </identifiers>
        <balance>7646676.89700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>64412547.51000000</valUSD>
        <pctVal>5.028481221923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Investment company"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P4397760"/>
        </identifiers>
        <balance>-280562.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-608819.54000000</valUSD>
        <pctVal>-0.04752859097</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>iShares MSCI EAFE ETF</issuerName>
                <issueTitle>iShares MSCI EAFE ETF</issueTitle>
                <identifiers>
                  <cusip value="464287465"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="-1.25000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2023-12-04</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20065794.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-608819.54000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="P5897640"/>
        </identifiers>
        <balance>5289.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>280670.96999999</valUSD>
        <pctVal>0.021911083426</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Swap" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citibank NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P 500 Health Care</issuerName>
                <issueTitle>S&amp;P 500 Health Care</issueTitle>
                <identifiers>
                  <cusip value="99393K961"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="equity-performance leg" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="0" resetDt="Month" resetDtUnit="0"/>
              </rtResetTenors>
            </floatingRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Federal Funds Rate" floatingRtSpread="0.45000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2023-12-04</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>12902585.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>280670.97000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>MAINSTAY VP FUNDS TRUST</ncom:nameOfApplicant>
      <ncom:signature>Jack Benintende</ncom:signature>
      <ncom:signerName>Jack Benintende</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
