# EDGAR Filing Document

**Accession Number:** 0001646109
**File Stem:** 0001145549-23-007882
**Filing Date:** 2023-2
**Character Count:** 28735
**Document Hash:** 3c07b0cdbfb20870c8f8613404674e58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-007882.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001145549-23-007882

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST DYNAMIC EUROPE EQUITY INCOME FUND
- **CENTRAL INDEX KEY:** 0001646109
- **IRS NUMBER:** 371788432
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23072
- **FILM NUMBER:** 23651884

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** First Trust Dynamic Europe Equity Income Fund

- **b. Investment Company Act file number:** 811-23072

- **c. CIK number of Registrant:** 0001646109

- **d. LEI of Registrant:** 549300YG1NBZKURU8L08

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 120 East Liberty Drive, Suite 400

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

**Item A.2. Information about the Series.**

- **a. Name of Series:** First Trust Dynamic Europe Equity Income Fund

- **c. LEI of Series:** 549300YG1NBZKURU8L08

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $297117760.65

**Total Liabilities:** $75295506.43

**Net Assets:** $221822254.22

**Cash Not Reported:** $12625276.36

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 8.72%                | 10.88%               | -0.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1775351.58             | $20870935.21                               |
| Month 2  | $-198941.76              | $29296177.78                               |
| Month 3  | $408576.40               | $-4598147.35                               |

**Designated Index Information**

- **Index Name:** The Fund's Designated Reference Portfolio is the Fund's Securities Portfolio.

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                           | Title                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| British Land Company PLC                       | BRITISH LAND CO PLC /GBP/      | CUSIP: G15540118<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |   1107517 | NS      | $5290122.78   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd.                                 | BHP GROUP LTD /GBP/            | CUSIP: Q1498M100<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    254015 | NS      | $7892249.52   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistry Group PLC                               | VISTRY GROUP PLC /GBP/         | CUSIP: G12698109<br>LEI: 2138001KOWN7CG9SLK53 | Long             | EC               | CORP              | GB        |    278206 | NS      | $2103788.74   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                     | DIAGEO PLC /GBP/               | CUSIP: G42089113<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     72445 | NS      | $3196756.83   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands PLC                            | IMPERIAL BRANDS PLC /GBP/      | CUSIP: G4720C107<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |    304771 | NS      | $7630659.24   | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Legal & General Group PLC                      | LEGAL & GENERAL GROUP PL /GBP/ | CUSIP: G54404127<br>LEI: 213800JH9QQWHLO99821 | Long             | EC               | CORP              | GB        |    720374 | NS      | $2172885.79   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Persimmon PLC                                  | PERSIMMON PLC /GBP/            | CUSIP: G70202109<br>LEI: 213800XI72Y57UWN6F31 | Long             | EC               | CORP              | GB        |    140111 | NS      | $2061442.06   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| St James's Place PLC                           | ST JAMES'S PLACE PLC /GBP/     | CUSIP: G5005D124<br>LEI: 213800M993ICXOMBCP87 | Long             | EC               | CORP              | GB        |    203621 | NS      | $2695535.19   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sse PLC                                        | SSE PLC /GBP/                  | CUSIP: G8842P102<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |    217504 | NS      | $4501728.82   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock International Group PLC                | BABCOCK INTL GROUP PLC /GBP/   | CUSIP: G0689Q152<br>LEI: 213800TSKOLX4EU6L377 | Long             | EC               | CORP              | GB        |    630522 | NS      | $2151124.64   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                | ASTRAZENECA PLC /GBP/          | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     51167 | NS      | $6939268.81   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale Group                         | C/O EURO STOXX 50 P JAN23 3975 | CUSIP: 000000000<br>LEI: 549300C9XEU1GRJCOQ81 | N/A              | DE               | CORP              | N/A       |      -450 | NC      | $-39981.31    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Clearstream Banking S.A.                       | C/O EURO STOXX 50 P FEB23 3875 | CUSIP: 000000000<br>LEI: 549300OL514RA0SXJJ44 | N/A              | DE               | CORP              | N/A       |      -470 | NC      | $-370290.06   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| Clearstream Banking S.A.                       | C/O EURO STOXX 50 P JAN23 3825 | CUSIP: 000000000<br>LEI: 549300OL514RA0SXJJ44 | N/A              | DE               | CORP              | N/A       |      -470 | NC      | $-266649.09   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Clearstream Banking S.A.                       | C/O EURO STOXX 50 P FEB23 3850 | CUSIP: 000000000<br>LEI: 549300OL514RA0SXJJ44 | N/A              | DE               | CORP              | N/A       |      -470 | NC      | $-363246.50   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Airbus SE                                      | AIRBUS SE /EUR/                | CUSIP: N0280G100<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | NL        |     30992 | NS      | $3683131.33   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement S.A.                      | VEOLIA ENVIRONNEMENT /EUR/     | CUSIP: F9686M107<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     85741 | NS      | $2202754.84   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                         | INTESA SANPAOLO /EUR/          | CUSIP: T55067101<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |    478591 | NS      | $1064575.46   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| OC Oerlikon Corp                               | OC OERLIKON CORP AG-REG /CHF/  | CUSIP: H59187106<br>LEI: 529900I8VLAZR2FJ0M10 | Long             | EC               | CORP              | CH        |    258971 | NS      | $1697252.21   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard SA                               | PERNOD RICARD SA /EUR/         | CUSIP: F72027109<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     22656 | NS      | $4456326.08   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Telenor ASA                                    | TELENOR ASA /NOK/              | CUSIP: R21882106<br>LEI: 549300IM1QSBY4SLPM26 | Long             | EC               | CORP              | NO        |    318706 | NS      | $2979898.50   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                          | SCHNEIDER ELEC SA /EUR/        | CUSIP: F86921107<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     34436 | NS      | $4818602.66   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                         | SAP SE /EUR/                   | CUSIP: D66992104<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     51567 | NS      | $5320717.79   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Corporation                        | UPM-KYMMENE OYJ /EUR/          | CUSIP: X9518S108<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    102950 | NS      | $3849384.69   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayer AG                                       | BAYER AG-REG /EUR/             | CUSIP: D0712D163<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     27528 | NS      | $1424009.54   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                         | MERCEDES-BENZ GROUP AG /EUR/   | CUSIP: D1668R123<br>LEI: 529900R27DL06UVNT076 | Long             | EC               | CORP              | DE        |     32839 | NS      | $2158363.92   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol SA                                      | REPSOL SA /EUR/                | CUSIP: E8471S130<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |    409425 | NS      | $6508294.39   | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi                                         | SANOFI /EUR/                   | CUSIP: F5548N101<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    100605 | NS      | $9675104.99   | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                            | DEUTSCHE TELEKOM AG-REG /EUR/  | CUSIP: D2035M136<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    130761 | NS      | $2608818.82   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Infineon Technologies AG                       | INFINEON TECHNOLOGIES AG /EUR/ | CUSIP: D35415104<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |    101607 | NS      | $3092194.95   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sodexo S.A.                                    | SODEXO SA /EUR/                | CUSIP: F84941123<br>LEI: 969500LCBOG12HXPYM84 | Long             | EC               | CORP              | FR        |     61952 | NS      | $5934001.95   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Axa SA                                         | AXA SA /EUR/                   | CUSIP: F06106102<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |    221761 | NS      | $6185041.63   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                    | NOVARTIS AG-REG /CHF/          | CUSIP: H5820Q150<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     78869 | NS      | $7129897.49   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holdings AG                              | ROCHE HOLDING AG-GENUSSC /CHF/ | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EP               | CORP              | CH        |     20746 | NS      | $6517831.61   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Adecco Group AG                                | ADECCO GROUP AG-REG /CHF/      | CUSIP: H00392318<br>LEI: NI14Y5UMU60O7JE9P611 | Long             | EC               | CORP              | CH        |     76661 | NS      | $2525381.56   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Holcim Ltd                                     | HOLCIM LTD /CHF/               | CUSIP: H4768E105<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |     50473 | NS      | $2613580.53   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                      | NESTLE SA-REG /CHF/            | CUSIP: H57312649<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     73549 | NS      | $8522186.62   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel - Societa per Azioni                      | ENEL SPA /EUR/                 | CUSIP: T3679P115<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    313981 | NS      | $1690587.80   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                 | BNP PARIBAS /EUR/              | CUSIP: F1058Q238<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     80814 | NS      | $4606516.10   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie de Saint-Gobain SA                   | COMPAGNIE DE SAINT GOBAI /EUR/ | CUSIP: F80343100<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |     82061 | NS      | $4009996.23   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                               | TOTALENERGIES SE /EUR/         | CUSIP: F92124100<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    119260 | NS      | $7487368.35   | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitbread Group PLC                            | WHITBREAD PLC /GBP/            | CUSIP: G9606P197<br>LEI: 21380099VMZKRMN3EX36 | Long             | EC               | CORP              | GB        |     78788 | NS      | $2447944.24   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Volvo AB                                       | VOLVO AB-B SHS /SEK/           | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |    180798 | NS      | $3265672.92   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandvik AB                                     | SANDVIK AB /SEK/               | CUSIP: W74857165<br>LEI: 5299008ZUAXN43LVZF54 | Long             | EC               | CORP              | SE        |    165898 | NS      | $2995269.05   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American PLC                             | ANGLO AMERICAN PLC /GBP/       | CUSIP: G03764134<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    107669 | NS      | $4212836.58   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                                      | DANONE /EUR/                   | CUSIP: F12033134<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     40000 | NS      | $2107930.10   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| 3i Group PLC                                   | 3I GROUP PLC /GBP/             | CUSIP: G88473148<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |    295188 | NS      | $4787377.75   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola, S.A.                                | IBERDROLA SA /EUR/             | CUSIP: E6165F166<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    437264 | NS      | $5115996.79   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                       | RELX PLC /GBP/                 | CUSIP: G74570121<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |    207816 | NS      | $5748351.58   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                              | ASML HOLDING NV /EUR/          | CUSIP: N07059202<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1337 | NS      | $721034.34    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Tele2 AB (publ)                                | TELE2 AB-B SHS /SEK/           | CUSIP: W95878166<br>LEI: 213800EKD193RVI9HL76 | Long             | EC               | CORP              | SE        |    365976 | NS      | $2984667.49   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola HBC AG                               | COCA-COLA HBC AG-DI /GBP/      | CUSIP: H1512E100<br>LEI: 549300EFP3TNG7JGVE49 | Long             | EC               | CORP              | CH        |    144061 | NS      | $3436226.88   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Financiere Richemont Sa              | CIE FINANCIERE RICHEMO-A /CHF/ | CUSIP: H25662182<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |     53526 | NS      | $6940753.15   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BFF Bank S.p.A.                                | BFF BANK SPA /EUR/             | CUSIP: T1R288116<br>LEI: 815600522538355AE429 | Long             | EC               | CORP              | IT        |    469330 | NS      | $3722741.68   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ASR Nederland N.V.                             | ASR NEDERLAND NV /EUR/         | CUSIP: N0709G103<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |     49701 | NS      | $2359527.97   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosegur Cash SA                               | PROSEGUR CASH SA /EUR/         | CUSIP: E8S56X108<br>LEI: 9598005HY5DEFPU2SM35 | Long             | EC               | CORP              | ES        |   1763586 | NS      | $1128922.70   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                              | NATIONAL GRID PLC /GBP/        | CUSIP: G6S9A7120<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    356889 | NS      | $4303391.40   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Hipgnosis Songs Fund Ltd                       | HIPGNOSIS SONGS FUND LTD /GBP/ | CUSIP: G4497R113<br>LEI: 213800XJIPNDVKXMOC11 | Long             | EC               | CORP              | GG        |   2191821 | NS      | $2286779.02   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                             | VODAFONE GROUP PLC /GBP/       | CUSIP: G93882192<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |   4035972 | NS      | $4110312.33   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                               | NOVO NORDISK A/S-B /DKK/       | CUSIP: K72807132<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     38591 | NS      | $5210796.05   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                      | PROSUS NV /EUR/                | CUSIP: N62598102<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     52751 | NS      | $3639317.93   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| M&G PLC                                        | M&G PLC /GBP/                  | CUSIP: G6107R102<br>LEI: 254900TWUJUQ44TQJY84 | Long             | EC               | CORP              | GB        |   1228449 | NS      | $2789823.01   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                   | UNILEVER PLC /EUR/             | CUSIP: G92087165<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    135008 | NS      | $6773620.10   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellantis N.V                                 | STELLANTIS NV /EUR/            | CUSIP: N82405106<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | EC               | CORP              | NL        |    138755 | NS      | $1970105.72   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MFE-MediaForEurope NV                          | MFE-MEDIAFOREUROPE NV-CL /EUR/ | CUSIP: T6S17R115<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |   2701287 | NS      | $1045021.57   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK plc                                        | GSK PLC /GBP/                  | CUSIP: G3910J179<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    160635 | NS      | $2791814.53   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphawave Ip Group Plc                         | ALPHAWAVE IP GROUP PLC /GBP/   | CUSIP: G03355107<br>LEI: 213800ZXTO21EU4VMH37 | Long             | EC               | CORP              | GB        |    646495 | NS      | $797211.70    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NN Group N.V.                                  | NN GROUP NV /EUR/              | CUSIP: N64038107<br>LEI: 724500OHYNDT9OY6Q215 | Long             | EC               | CORP              | NL        |     69158 | NS      | $2824991.66   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                      | SHELL PLC /EUR/                | CUSIP: G80827101<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    234614 | NS      | $6650254.76   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Inditex (Industria de Diseno Textil S.A.)      | INDUSTRIA DE DISENO TEXT /EUR/ | CUSIP: E6282J125<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |     74392 | NS      | $1978877.93   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie Generale des Etablissements Michelin | MICHELIN (CGDE) /EUR/          | CUSIP: F61824870<br>LEI: 549300SOSI58J6VIW052 | Long             | EC               | CORP              | FR        |     80568 | NS      | $2241050.70   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd                      | WOODSIDE ENERGY GROUP LT /GBP/ | CUSIP: Q98327333<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |    218116 | NS      | $5247457.41   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Direct Line Insurance Group PLC                | DIRECT LINE INSURANCE GR /GBP/ | CUSIP: G2871V114<br>LEI: 213800FF2R23ALJQOP04 | Long             | EC               | CORP              | GB        |   1003590 | NS      | $2685010.94   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amundi SA                                      | AMUNDI SA /EUR/                | CUSIP: F0300Q103<br>LEI: 96950010FL2T1TJKR531 | Long             | EC               | CORP              | FR        |     56728 | NS      | $3218397.78   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BAWAG Group AG                                 | BAWAG GROUP AG /EUR/           | CUSIP: A0997C107<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |     64085 | NS      | $3416269.39   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep N.V.                                 | ING GROEP NV /EUR/             | CUSIP: N4578E595<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    482760 | NS      | $5884981.68   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale Group                         | C/O EURO STOXX 50 P JAN23 3950 | CUSIP: 000000000<br>LEI: 549300C9XEU1GRJCOQ81 | N/A              | DE               | CORP              | N/A       |      -450 | NC      | $-55395.79    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** First Trust Dynamic Europe Equity Income Fund

**Signature:** Donald P. Swade

**Name of Signer:** First Trust Dynamic Europe Equity Income Fund

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer