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      <invstOrSec>
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      <invstOrSec>
        <name>BROADRIDGE FINANCIAL SOLUTIONS INC</name>
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      <invstOrSec>
        <name>GENERAL MILLS INC</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
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      <invstOrSec>
        <name>HORMEL FOODS CORP</name>
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        <name>NATIONAL FUEL GAS COMPANY</name>
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      <invstOrSec>
        <name>SHELL PLC</name>
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        <name>T-MOBILE US INC</name>
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        <name>SELECTIVE INSURANCE GROUP INC</name>
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        <name>CHURCH &amp; DWIGHT CO INC</name>
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        <name>PINNACLE WEST CAPITAL CORP</name>
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        <name>L3HARRIS TECHNOLOGIES INC</name>
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        <name>SONOCO PRODUCTS COMPANY</name>
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        <name>DEL MONTE CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>IDEX CORP</name>
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        <name>HONEYWELL INTERNATIONAL INC</name>
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        <name>LOCKHEED MARTIN CORP</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
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        <name>EATON CORP PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>PENTAIR PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>JACK HENRY &amp; ASSOCIATES INC</name>
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        <name>AVISTA CORP</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
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        <name>WASTE MANAGEMENT INC</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>WASTE MANAGEMENT INC COM</title>
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        <name>ESSEX PROPERTY TRUST INC</name>
        <lei>549300TR2H2VEFX0NC60</lei>
        <title>ESSEX PROPERTY TRUST INC COM</title>
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          <ticker value="ESS"/>
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        <name>TAKEDA PHARMACEUTICAL COMPANY LTD</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>TAKEDA PHARMACEUTICAL COMPANY LTD SPONSORED ADS</title>
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      <invstOrSec>
        <name>METLIFE INC</name>
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      <invstOrSec>
        <name>QUEST DIAGNOSTICS INC</name>
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        <name>PORTLAND GENERAL ELECTRIC COMPANY</name>
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      <invstOrSec>
        <name>KIMBERLY CLARK CORP</name>
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        <name>SOUTHERN COMPANY (THE)</name>
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        <name>ONE GAS INC</name>
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        <name>REALTY INCOME CORP</name>
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        <name>HUBBELL INC</name>
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        <name>SUN COMMUNITIES INC</name>
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        <name>ROGERS COMMUNICATIONS INC</name>
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        <name>VICI PROPERTIES INC</name>
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        <name>ASTRAZENECA PLC</name>
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        <name>FRANKLIN ELECTRIC CO INC</name>
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        <name>MARZETTI COMPANY (THE)</name>
        <lei>529900X4O13HED1ZAS58</lei>
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        <name>ASSURANT INC</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
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        <name>CHUBB LTD (SWITZERLAND)</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>UNION PACIFIC CORP</name>
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        <name>AON PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>US BANCORP</name>
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        <name>PUBLIC SERVICE ENTERPRISE GROUP INC</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
        <title>PUBLIC SERVICE ENTERPRISE GROUP INC COM</title>
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          <ticker value="PEG"/>
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        <name>CENTERPOINT ENERGY INC</name>
        <lei>21TPXMRRHFKOBHDC8J74</lei>
        <title>CENTERPOINT ENERGY INC COM</title>
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          <ticker value="CNP"/>
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        <name>TORONTO DOMINION BANK (THE)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK (THE) COM NEW</title>
        <cusip>891160509</cusip>
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          <ticker value="TD"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>GENERAL DYNAMICS CORP</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>GENERAL DYNAMICS CORP COM</title>
        <cusip>369550108</cusip>
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          <isin value="US3695501086"/>
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      <invstOrSec>
        <name>ROLLINS INC</name>
        <lei>549300F2A0BXT4SGWD84</lei>
        <title>ROLLINS INC COM</title>
        <cusip>775711104</cusip>
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          <isin value="US7757111049"/>
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      <invstOrSec>
        <name>NEW JERSEY RESOURCES CORP</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>NEW JERSEY RESOURCES CORP COM</title>
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          <isin value="US6460251068"/>
          <ticker value="NJR"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>DIAGEO PLC</name>
        <lei>213800ZVIELEA55JMJ32</lei>
        <title>DIAGEO PLC SPON ADR NEW</title>
        <cusip>25243Q205</cusip>
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          <ticker value="DEO"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>T. ROWE PRICE GROUP INC</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>T. ROWE PRICE GROUP INC COM</title>
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          <isin value="US74144T1088"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC STORAGE</name>
        <lei>254900GLQZAD4N7N5Q19</lei>
        <title>PUBLIC STORAGE COM</title>
        <cusip>74460D109</cusip>
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          <isin value="US74460D1090"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PEPSICO INC</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
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          <isin value="US7134481081"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNILEVER PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>UNILEVER PLC SPON ADR NEW</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAYCHEX INC</name>
        <lei>529900K900DW6SUBM174</lei>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COMCAST CORP</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP CL A</title>
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          <ticker value="CMCSA"/>
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        <name>CHEVRON CORP</name>
        <lei>N/A</lei>
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          <ticker value="CVX"/>
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      <invstOrSec>
        <name>ASSURED GUARANTY LTD</name>
        <lei>549300BBOQUJEPH87M14</lei>
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          <ticker value="AGO"/>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <name>AFLAC INC</name>
        <lei>549300N0B7DOGLXWPP39</lei>
        <title>AFLAC INC COM</title>
        <cusip>001055102</cusip>
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        <name>AMGEN INC</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>AMGEN INC COM</title>
        <cusip>031162100</cusip>
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        <name>REYNOLDS CONSUMER PRODUCTS INC</name>
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        <title>REYNOLDS CONSUMER PRODUCTS INC COM</title>
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        <name>HONDA MOTOR CO LTD</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>HONDA MOTOR CO LTD ADR ECH CNV IN 3</title>
        <cusip>438128308</cusip>
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        <name>CONSTELLATION BRANDS INC</name>
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        <title>CONSTELLATION BRANDS INC CL A</title>
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        <name>LABCORP HOLDINGS INC</name>
        <lei>N/A</lei>
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          <ticker value="LH"/>
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        <name>BECTON DICKINSON &amp; COMPANY</name>
        <lei>ICE2EP6D98PQUILVRZ91</lei>
        <title>BECTON DICKINSON &amp; COMPANY COM</title>
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          <ticker value="BDX"/>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Government Long Bond 1.2x Strategy Fund</title>
        <cusip>780087102</cusip>
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          <ticker value="RY"/>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BANK OF COMMERCE COM</title>
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          <ticker value="CM"/>
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        <name>NOVARTIS AG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
        <title>NOVARTIS AG SPONSORED ADR</title>
        <cusip>66987V109</cusip>
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        <invCountry>CH</invCountry>
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        <name>EMERA INC</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>EMERA INC COM</title>
        <cusip>290876101</cusip>
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          <ticker value="EMA"/>
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        <balance>604607.00000000</balance>
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        <invCountry>CA</invCountry>
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        <name>EQUITY RESIDENTIAL</name>
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      <invstOrSec>
        <name>BRADY CORP</name>
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        <name>AVALONBAY COMMUNITIES INC</name>
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        <name>NORTHWEST BANCSHARES INC</name>
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        <name>FIRSTENERGY CORP</name>
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        <name>CALIFORNIA WATER SERVICE GROUP</name>
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        <name>AMDOCS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>MANULIFE FINANCIAL CORP</name>
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        <name>TC ENERGY CORP</name>
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        <name>GILEAD SCIENCES INC</name>
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        <name>PRIMERICA INC</name>
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        <name>FEDERATED HERMES INC</name>
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        <name>LINDE PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>COCA-COLA EUROPACIFIC PARTNERS PLC</name>
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        <name>MOTOROLA SOLUTIONS INC</name>
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        <name>NORTHWEST NATURAL HOLDING COMPANY</name>
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        <title>NORTHWEST NATURAL HOLDING COMPANY COM</title>
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        <name>BANK OF MONTREAL</name>
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        <name>EMERSON ELECTRIC COMPANY</name>
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        <name>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
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        <name>ENTERGY CORP</name>
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        <title>ENTERGY CORP COM</title>
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        <name>GSK PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
        <title>GSK PLC SPONSORED ADR</title>
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        <name>TOYOTA MOTOR CORP</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>TOYOTA MOTOR CORP ADS</title>
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          <ticker value="TM"/>
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        <invCountry>JP</invCountry>
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        <name>JACOBS SOLUTIONS INC</name>
        <lei>254900E3KHXCC2C8K272</lei>
        <title>JACOBS SOLUTIONS INC COM</title>
        <cusip>46982L108</cusip>
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          <ticker value="J"/>
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        <name>FASTENAL COMPANY</name>
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        <name>REPUBLIC SERVICES INC</name>
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        <name>CANADIAN NATIONAL RAILWAY COMPANY</name>
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        <name>TE CONNECTIVITY PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>W.P. CAREY INC</name>
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        <name>WILLIS TOWERS WATSON PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>REINSURANCE GROUP OF AMERICA INC</name>
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        <name>CONAGRA BRANDS INC</name>
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        <name>INFOSYS LTD</name>
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        <name>J.M. SMUCKER COMPANY (THE)</name>
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        <name>MCDONALD'S CORP</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>MEDTRONIC PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>VERIZON COMMUNICATIONS INC</name>
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        <name>MORGAN STANLEY</name>
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        <name>VERISK ANALYTICS INC</name>
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      <invstOrSec>
        <name>ALTRIA GROUP INC</name>
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        <name>CUMMINS INC</name>
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        <name>RTX CORP</name>
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        <name>NEXTERA ENERGY INC</name>
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        <name>SUN LIFE FINANCIAL INC</name>
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        <name>CINTAS CORP</name>
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        <name>STRYKER CORP</name>
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        <name>MSC INDUSTRIAL DIRECT CO INC</name>
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        <name>INTERNATIONAL BUSINESS MACHINES CORP</name>
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        <name>COCA-COLA COMPANY (THE)</name>
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        <name>EXELON CORP</name>
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        <name>CAMDEN PROPERTY TRUST</name>
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        <name>REGENCY CENTERS CORP</name>
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        <name>HANOVER INSURANCE GROUP INC (THE)</name>
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        <name>ROPER TECHNOLOGIES INC</name>
        <lei>54930003T4SXCIWVXY35</lei>
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        <name>DOMINION ENERGY INC</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>DOMINION ENERGY INC COM</title>
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        <name>BLACKROCK INC</name>
        <lei>529900VBK42Y5HHRMD23</lei>
        <title>BLACKROCK INC COM</title>
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          <ticker value="BLK"/>
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        <name>RIO TINTO PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>ATMOS ENERGY CORP</name>
        <lei>QVLWEGTD2S8GJMO8D383</lei>
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      <invstOrSec>
        <name>JP MORGAN CHASE &amp; COMPANY</name>
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      <invstOrSec>
        <name>MERCK &amp; COMPANY INC</name>
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        <name>SPIRE INC (US)</name>
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        <name>SS&amp;C TECHNOLOGIES HOLDINGS INC</name>
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        <name>CINCINNATI FINANCIAL CORP</name>
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      <invstOrSec>
        <name>ABBVIE INC</name>
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        <name>STANTEC INC</name>
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        <name>PROCTER &amp; GAMBLE COMPANY (THE)</name>
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        <name>BRISTOL-MYERS SQUIBB COMPANY</name>
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        <name>ECOLAB INC</name>
        <lei>82DYEISM090VG8LTLS26</lei>
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        <name>EVERSOURCE ENERGY</name>
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        <name>OTIS WORLDWIDE CORP</name>
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        <name>HOME DEPOT INC (THE)</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
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        <name>ALLIANT ENERGY CORP</name>
        <lei>5493009ML300G373MZ12</lei>
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        <name>BANK OF NEW YORK MELLON CORP (THE)</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
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        <name>STERIS PLC</name>
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        <name>EQUITY LIFESTYLE PROPERTIES INC</name>
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        <name>AIR PRODUCTS AND CHEMICALS INC</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
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        <name>WILLIAMS COMPANIES INC (THE)</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>WILLIAMS COMPANIES INC (THE) COM</title>
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          <ticker value="WMB"/>
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        <name>CBOE GLOBAL MARKETS INC</name>
        <lei>529900RLNSGA90UPEH54</lei>
        <title>CBOE GLOBAL MARKETS INC COM</title>
        <cusip>12503M108</cusip>
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          <ticker value="CBOE"/>
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        <name>AMCOR PLC</name>
        <lei>549300GSODGFCDQ3DI89</lei>
        <title>AMCOR PLC COM NEW</title>
        <cusip>000000000</cusip>
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          <ticker value="AMCR"/>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>NASDAQ INC</name>
        <lei>549300L8X1Q78ERXFD06</lei>
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        <cusip>631103108</cusip>
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          <isin value="US6311031081"/>
          <ticker value="NDAQ"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MID-AMERICA APARTMENT COMMUNITIES INC</name>
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        <cusip>59522J103</cusip>
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          <isin value="US59522J1034"/>
          <ticker value="MAA"/>
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        <balance>237212.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VENTAS INC</name>
        <lei>ORQTRC074CWLT3DKHT41</lei>
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          <isin value="US92276F1003"/>
          <ticker value="VTR"/>
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        <balance>377442.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN STATES WATER COMPANY</name>
        <lei>529900L26LIS2V8PWM23</lei>
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        <cusip>029899101</cusip>
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          <isin value="US0298991011"/>
          <ticker value="AWR"/>
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        <balance>403589.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CISCO SYSTEMS INC</name>
        <lei>549300LKFJ962MZ46593</lei>
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          <isin value="US17275R1023"/>
          <ticker value="CSCO"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK HILLS CORP</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
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          <isin value="US0921131092"/>
          <ticker value="BKH"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CGI INC</name>
        <lei>549300WSRCZY73ZG3090</lei>
        <title>CGI INC CL A SUB VTG</title>
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          <isin value="CA12532H1047"/>
          <ticker value="GIB"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DTE ENERGY COMPANY</name>
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          <isin value="US2333311072"/>
          <ticker value="DTE"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CME GROUP INC</name>
        <lei>LCZ7XYGSLJUHFXXNXD88</lei>
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          <isin value="US12572Q1058"/>
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        <balance>127827.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MSA SAFETY INC</name>
        <lei>529900DVA3258XK11O39</lei>
        <title>MSA SAFETY INC COM</title>
        <cusip>553498106</cusip>
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          <isin value="US5534981064"/>
          <ticker value="MSA"/>
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        <balance>191174.00000000</balance>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AMERICAN HOMES 4 RENT</name>
        <lei>549300ZJUO7A58PNUW40</lei>
        <title>AMERICAN HOMES 4 RENT CL A</title>
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          <ticker value="AMH"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>CSX CORP</name>
        <lei>549300JVQR4N1MMP3Q88</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>BELL CANADA ENTERPRISES INC</name>
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        <name>SEI INVESTMENTS COMPANY</name>
        <lei>5LJTIFADGZ6XH1RVOC11</lei>
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          <ticker value="SEIC"/>
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        <name>BROWN &amp; BROWN INC</name>
        <lei>549300PC8KTJ71XKFY89</lei>
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          <ticker value="BRO"/>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <name>LOWE'S COMPANIES INC</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
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        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <name>COMMERCE BANCSHARES INC (MO)</name>
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          <ticker value="CBSH"/>
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        <name>ABBOTT LABORATORIES</name>
        <lei>HQD377W2YR662HK5JX27</lei>
        <title>ABBOTT LABORATORIES COM</title>
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        <name>RPM INTERNATIONAL INC</name>
        <lei>549300TJCKW4BRXPJ474</lei>
        <title>RPM INTERNATIONAL INC COM</title>
        <cusip>749685103</cusip>
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        <name>COGNIZANT TECHNOLOGY SOLUTIONS CORP</name>
        <lei>5493006IEVQEFQO40L83</lei>
        <title>COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A</title>
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          <ticker value="CTSH"/>
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        <name>AMERICAN INTERNATIONAL GROUP INC</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>AMERICAN INTERNATIONAL GROUP INC COM NEW</title>
        <cusip>026874784</cusip>
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          <ticker value="AIG"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HERSHEY COMPANY (THE)</name>
        <lei>21X2CX66SU2BR6QTAD08</lei>
        <title>HERSHEY COMPANY (THE) COM</title>
        <cusip>427866108</cusip>
        <identifiers>
          <isin value="US4278661081"/>
          <ticker value="HSY"/>
        </identifiers>
        <balance>183411.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32179459.95000000</valUSD>
        <pctVal>0.400429980062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXIS CAPITAL HOLDINGS LTD</name>
        <lei>635400VD2NQBYAHMEM55</lei>
        <title>AXIS CAPITAL HOLDINGS LTD SHS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG0692U1099"/>
          <ticker value="AXS"/>
        </identifiers>
        <balance>303151.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32570543.44000000</valUSD>
        <pctVal>0.405296486658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTHWEST GAS HOLDINGS INC</name>
        <lei>254900LKF9EV0CUKNE09</lei>
        <title>SOUTHWEST GAS HOLDINGS INC COM</title>
        <cusip>844895102</cusip>
        <identifiers>
          <isin value="US8448951025"/>
          <ticker value="SWX"/>
        </identifiers>
        <balance>353956.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31388818.08000000</valUSD>
        <pctVal>0.390591508293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NISOURCE INC COM</title>
        <cusip>65473P105</cusip>
        <identifiers>
          <isin value="US65473P1057"/>
          <ticker value="NI"/>
        </identifiers>
        <balance>658046.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31290087.30000000</valUSD>
        <pctVal>0.389362936890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANOFI SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>SANOFI SA SPONSORED ADR</title>
        <cusip>80105N105</cusip>
        <identifiers>
          <isin value="US80105N1054"/>
          <ticker value="SNY"/>
        </identifiers>
        <balance>750187.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32002977.42000000</valUSD>
        <pctVal>0.398233892990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVERY DENNISON CORP</name>
        <lei>549300PW7VPFCYKLIV37</lei>
        <title>AVERY DENNISON CORP COM</title>
        <cusip>053611109</cusip>
        <identifiers>
          <isin value="US0536111091"/>
          <ticker value="AVY"/>
        </identifiers>
        <balance>199028.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32312195.80000000</valUSD>
        <pctVal>0.402081698700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEMBINA PIPELINE CORP</name>
        <lei>5493002W3L9YICM6FU21</lei>
        <title>PEMBINA PIPELINE CORP COM</title>
        <cusip>706327103</cusip>
        <identifiers>
          <isin value="CA7063271034"/>
          <ticker value="PBA"/>
        </identifiers>
        <balance>675201.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31228046.25000000</valUSD>
        <pctVal>0.388590919695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UDR INC</name>
        <lei>P3CH2EG5X6Z1XWU1OO74</lei>
        <title>UDR INC COM</title>
        <cusip>902653104</cusip>
        <identifiers>
          <isin value="US9026531049"/>
          <ticker value="UDR"/>
        </identifiers>
        <balance>830492.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33153240.64000000</valUSD>
        <pctVal>0.412547367454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLSTATE CORP (THE)</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>ALLSTATE CORP (THE) COM</title>
        <cusip>020002101</cusip>
        <identifiers>
          <isin value="US0200021014"/>
          <ticker value="ALL"/>
        </identifiers>
        <balance>140828.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33508614.32000000</valUSD>
        <pctVal>0.416969513625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXXONMOBIL HOLDINGS CORP</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>EXXON MOBIL CORP COM</title>
        <cusip>30231G102</cusip>
        <identifiers>
          <isin value="US30231G1022"/>
          <ticker value="XOM"/>
        </identifiers>
        <balance>226350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30946572.00000000</valUSD>
        <pctVal>0.385088352266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JOHNSON &amp; JOHNSON</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>JOHNSON &amp; JOHNSON COM</title>
        <cusip>478160104</cusip>
        <identifiers>
          <isin value="US4781601046"/>
          <ticker value="JNJ"/>
        </identifiers>
        <balance>135514.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34416490.58000000</valUSD>
        <pctVal>0.428266809268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TELUS CORP</name>
        <lei>894500TX134IMF6NW757</lei>
        <title>TELUS CORP COM</title>
        <cusip>87971M103</cusip>
        <identifiers>
          <isin value="CA87971M1032"/>
          <ticker value="TU"/>
        </identifiers>
        <balance>2763915.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29214581.55000000</valUSD>
        <pctVal>0.363536066974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESSENTIAL UTILITIES INC</name>
        <lei>549300ILTEOF3E3QY357</lei>
        <title>ESSENTIAL UTILITIES INC COM</title>
        <cusip>29670G102</cusip>
        <identifiers>
          <isin value="US29670G1022"/>
          <ticker value="WTRG"/>
        </identifiers>
        <balance>854494.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32735665.14000000</valUSD>
        <pctVal>0.407351203522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARTHUR J. GALLAGHER &amp; COMPANY</name>
        <lei>54930049QLLMPART6V29</lei>
        <title>ARTHUR J. GALLAGHER &amp; COMPANY COM</title>
        <cusip>363576109</cusip>
        <identifiers>
          <isin value="US3635761097"/>
          <ticker value="AJG"/>
        </identifiers>
        <balance>149908.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34414379.56000000</valUSD>
        <pctVal>0.428240540471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHESAPEAKE UTILITIES CORP</name>
        <lei>254900WW0FDCKAOCKE74</lei>
        <title>CHESAPEAKE UTILITIES CORP COM</title>
        <cusip>165303108</cusip>
        <identifiers>
          <isin value="US1653031088"/>
          <ticker value="CPK"/>
        </identifiers>
        <balance>263450.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32267356.00000000</valUSD>
        <pctVal>0.401523727863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <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>2026-08-21</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded Fund</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
