# EDGAR Filing Document

**Accession Number:** 0001383496
**File Stem:** 0001752724-25-155882
**Filing Date:** 2025-6
**Character Count:** 150356
**Document Hash:** 880664d83dd5b65ff79786793fc9e857
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-155882.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001752724-25-155882

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED ALPHADEX FUND
- **CENTRAL INDEX KEY:** 0001383496

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22019
- **FILM NUMBER:** 251072872

**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

## Series and Classes Contracts Data

### First Trust Technology AlphaDEX Fund (Series ID: S000017703)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000048903 | First Trust Technology AlphaDEX Fund | FXL             |

## Nport-Ex

**First Trust Consumer Discretionary AlphaDEX**<sup>®</sup> **Fund (FXD)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Automobile Components —** <br> **5.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80535 | Aptiv PLC (a) | $4595327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 133535 | BorgWarner, Inc. | 3789723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 203082 | Gentex Corp. | 4423126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54446 | Lear Corp. | 4668745 |
|  |  | 17476921 |
|  | **Automobiles — 5.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 479306 | Ford Motor Co. | 4797853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100823 | General Motors Co. | 4561233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190125 | Harley-Davidson, Inc. | 4262602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49735 | Thor Industries, Inc. | 3601809 |
|  |  | 17223497 |
|  | **Broadline Retail — 6.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9920 | Amazon.com, Inc. (a) | 1829446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171855 | Coupang, Inc. (a) | 4016251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13166 | Dillard's, Inc., Class A | 4564125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28116 | eBay, Inc. | 1916387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18838 | Etsy, Inc. (a) | 819076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 461437 | Kohl's Corp. (b) | 3091628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 370197 | Macy's, Inc. | 4227650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7970 | &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings, <br> Inc. (a) | 845697 |
|  |  | 21310260 |
|  | **Commercial Services &** <br> **Supplies — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15988 | Copart, Inc. (a) | 975748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50474 | Rollins, Inc. | 2883579 |
|  |  | 3859327 |
|  | **Consumer Staples Distribution** <br> **& Retail — 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7963 | &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, <br> Inc. (a) | 936130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3986 | Costco Wholesale Corp. | 3964077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31331 | Dollar General Corp. | 2935401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36512 | Target Corp. | 3530711 |
|  |  | 11366319 |
|  | **Distributors — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16103 | Genuine Parts Co. | 1892908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63873 | LKQ Corp. | 2440587 |
|  |  | 4333495 |
|  | **Diversified Consumer Services** <br> **— 3.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21600 | &nbsp;&nbsp;&nbsp; Bright Horizons Family <br> Solutions, Inc. (a) | 2709072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8385 | Duolingo, Inc. (a) | 3265790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21543 | &nbsp;&nbsp;&nbsp; Grand Canyon Education, <br> Inc. (a) | 3842625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33820 | H&R Block, Inc. | 2041713 |
|  |  | 11859200 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Entertainment — 8.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30857 | &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty <br> Formula One, Class C (a) | $2736090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28859 | &nbsp;&nbsp;&nbsp; Live Nation Entertainment, <br> Inc. (a) | 3822375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4616 | &nbsp;&nbsp;&nbsp; Madison Square Garden Sports <br> Corp. (a) | 888903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4095 | Netflix, Inc. (a) | 4634393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62481 | ROBLOX Corp., Class A (a) | 4189351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8645 | Spotify Technology S.A. (a) | 5307857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31135 | TKO Group Holdings, Inc. | 5072203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19524 | Walt Disney (The) Co. | 1775708 |
|  |  | 28426880 |
|  | **Ground Transportation —** <br> **2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155817 | Lyft, Inc., Class A (a) | 1932131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37583 | Uber Technologies, Inc. (a) | 3044599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45605 | U-Haul Holding Co. | 2499154 |
|  |  | 7475884 |
|  | **Hotels, Restaurants & Leisure** <br> **— 17.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26126 | Aramark | 873392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 584 | Booking Holdings, Inc. | 2977980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57995 | Boyd Gaming Corp. | 4009774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110506 | Caesars Entertainment, Inc. (a) | 2990292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141540 | Carnival Corp. (a) | 2595844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6902 | &nbsp;&nbsp;&nbsp; Choice Hotels International, <br> Inc. (b) | 870411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22724 | Darden Restaurants, Inc. | 4559343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4079 | Domino's Pizza, Inc. | 2000219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77662 | Dutch Bros, Inc., Class A (a) | 4639528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16349 | Expedia Group, Inc. | 2565649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4031 | Hilton Worldwide Holdings, Inc. | 908910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31308 | Hyatt Hotels Corp., Class A | 3527786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21680 | Light & Wonder, Inc. (a) | 1851039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60563 | &nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide <br> Corp. | 3319458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2902 | McDonald's Corp. | 927624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63660 | MGM Resorts International (a) | 2002744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47979 | &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings <br> Ltd. (a) | 769103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56688 | Penn Entertainment, Inc. (a) | 862791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28683 | Planet Fitness, Inc., Class A (a) | 2713125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18321 | Royal Caribbean Cruises Ltd. | 3937366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19412 | Starbucks Corp. | 1553931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11269 | Texas Roadhouse, Inc. | 1870203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19714 | Travel + Leisure Co. | 866036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5797 | Vail Resorts, Inc. | 806942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62127 | Wendy's (The) Co. | 776588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10063 | Wyndham Hotels & Resorts, Inc. | 858374 |

---

------

**First Trust Consumer Discretionary AlphaDEX**<sup>®</sup> **Fund (FXD)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Hotels, Restaurants & Leisure** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11043 | Wynn Resorts Ltd. | $886863 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17282 | Yum! Brands, Inc. | 2599904 |
|  |  | 59121219 |
|  | **Household Durables — 8.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37387 | D.R. Horton, Inc. | 4723474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4188 | Garmin Ltd. | 782611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41595 | Lennar Corp., Class A | 4517633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 392 | NVR, Inc. (a) | 2793294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46229 | PulteGroup, Inc. | 4742171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22626 | SharkNinja, Inc. (a) | 1821393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44073 | Somnigroup International, Inc. | 2691097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45255 | Toll Brothers, Inc. | 4564872 |
|  |  | 26636545 |
|  | **Interactive Media & Services** <br> **— 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65193 | TripAdvisor, Inc. (a) | 811653 |
|  | **Leisure Products — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14710 | Hasbro, Inc. | 910549 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196175 | Mattel, Inc. (a) | 3117221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66339 | Polaris, Inc. | 2252872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81470 | YETI Holdings, Inc. (a) | 2325969 |
|  |  | 8606611 |
|  | **Media — 5.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68266 | Fox Corp., Class A | 3398964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105078 | &nbsp;&nbsp;&nbsp; Interpublic Group of (The) Cos., <br> Inc. | 2639559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38002 | &nbsp;&nbsp;&nbsp; New York Times (The) Co., <br> Class A | 1978384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70588 | News Corp., Class A | 1914347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26648 | Nexstar Media Group, Inc. | 3988140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34399 | Omnicom Group, Inc. | 2619828 |
|  |  | 16539222 |
|  | **Passenger Airlines — 4.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77707 | Alaska Air Group, Inc. (a) | 3440089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112305 | Delta Air Lines, Inc. | 4675257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60336 | Southwest Airlines Co. | 1686994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69856 | &nbsp;&nbsp;&nbsp; United Airlines Holdings, <br> Inc. (a) | 4807490 |
|  |  | 14609830 |
|  | **Personal Care Products —** <br> **0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345231 | Coty, Inc., Class A (a) | 1743416 |
|  | **Specialty Retail — 17.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23216 | AutoNation, Inc. (a) | 4043066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1005 | AutoZone, Inc. (a) | 3781413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89607 | Bath & Body Works, Inc. | 2733910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25631 | Best Buy Co., Inc. | 1709331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3767 | Burlington Stores, Inc. (a) | 847726 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Specialty Retail (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24149 | CarMax, Inc. (a) | $1561716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22409 | Carvana Co. (a) | 5475639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13280 | Dick's Sporting Goods, Inc. | 2493187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49854 | Five Below, Inc. (a) | 3783420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224505 | Gap (The), Inc. | 4916660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2513 | Home Depot (The), Inc. | 905911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12833 | Lithia Motors, Inc. | 3756989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3916 | Lowe's Cos., Inc. | 875461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4010 | Murphy USA, Inc. | 1999266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2657 | O'Reilly Automotive, Inc. (a) | 3760186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26024 | Penske Automotive Group, Inc. | 4051156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14767 | Ross Stores, Inc. | 2052613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22363 | TJX (The) Cos., Inc. | 2877671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34564 | Tractor Supply Co. | 1749630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7350 | Ulta Beauty, Inc. (a) | 2907954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26084 | Valvoline, Inc. (a) | 893638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11979 | Williams-Sonoma, Inc. | 1850396 |
|  |  | 59026939 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 6.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19764 | Birkenstock Holding PLC (a) | 1016463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116047 | Carter's, Inc. | 3835353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35707 | Columbia Sportswear Co. | 2219904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43650 | Crocs, Inc. (a) | 4208733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29440 | NIKE, Inc., Class B | 1660416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62346 | PVH Corp. | 4300627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8318 | Ralph Lauren Corp. | 1871134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66292 | Skechers USA, Inc., Class A (a) | 3183342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12564 | Tapestry, Inc. | 887647 |
|  |  | 23183619 |
|  | **Total Common Stocks** | 333610837 |
|  | (Cost $379,728,859) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 715981 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (c) | 715981 |
|  | (Cost $715,981) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust Consumer Discretionary AlphaDEX**<sup>®</sup> **Fund (FXD)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.9%** | **REPURCHASE AGREEMENTS — 0.9%** | **REPURCHASE AGREEMENTS — 0.9%** |
| $1470715 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $1,470,894. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $1,500,129. (d) | $1470715 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1413041 | &nbsp;&nbsp;&nbsp; RBC Dominion Securities, Inc., <br> 4.36% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $1,413,212. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.25%, due 04/15/26 to <br> 08/15/46. The value of the <br> collateral including accrued <br> interest is $1,441,302. (d) | 1413041 |
|  | **Total Repurchase Agreements** | 2883756 |
|  | (Cost $2,883,756) |  |
|  | **Total Investments — 101.0%** | 337210574 |
|  | (Cost $383,328,596) |  |
|  | **Net Other Assets and** <br> **Liabilities — (1.0)%** | (3228424)<br>|
|  | **Net Assets — 100.0%** | $333982150 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $2,751,267 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $2,883,756.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $333610837 | $333610837 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 715981 | &nbsp;&nbsp; 715981 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 2883756 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2883756 | &nbsp;&nbsp; — |
| Total Investments | $337210574 | $334326818 | $2883756 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Consumer Staples AlphaDEX**<sup>®</sup> **Fund (FXG)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.7%** | **COMMON STOCKS — 99.7%** | **COMMON STOCKS — 99.7%** |
|  | **Beverages — 13.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9863 | &nbsp;&nbsp;&nbsp; Boston Beer (The) Co., Inc., <br> Class A (a) | $2424326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 215037 | Brown-Forman Corp., Class B | 7491889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67203 | Celsius Holdings, Inc. (a) | 2349417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66822 | Coca-Cola (The) Co. | 4847936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3458 | Coca-Cola Consolidated, Inc. | 4688391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196053 | &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., <br> Class B | 11278929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81344 | Monster Beverage Corp. (a) | 4890401 |
|  |  | 37971289 |
|  | **Chemicals — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37785 | Corteva, Inc. | 2342292 |
|  | **Consumer Staples Distribution** <br> **& Retail — 17.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 321740 | Albertsons Cos., Inc., Class A | 7071845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27248 | Casey's General Stores, Inc. | 12604652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520127 | &nbsp;&nbsp;&nbsp; Grocery Outlet Holding <br> Corp. (a) | 8732933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105720 | Kroger (The) Co. | 7634041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90670 | Performance Food Group Co. (a) | 7313442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63677 | Sysco Corp. | 4546538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36394 | US Foods Holding Corp. (a) | 2389630 |
|  |  | 50293081 |
|  | **Food Products — 44.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 249041 | Archer-Daniels-Midland Co. | 11891708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154223 | Bunge Global S.A. | 12140435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60182 | Campbell's (The) Co. | 2194236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 180545 | Conagra Brands, Inc. | 4461267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 372287 | Darling Ingredients, Inc. (a) | 11983919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 507128 | Flowers Foods, Inc. | 8920381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120626 | General Mills, Inc. | 6844319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42470 | Hershey (The) Co. | 7100559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156230 | Hormel Foods Corp. | 4671277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70645 | Ingredion, Inc. | 9383069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 316694 | Kraft Heinz (The) Co. | 9215795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45043 | Lamb Weston Holdings, Inc. | 2378721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70991 | &nbsp;&nbsp;&nbsp; Mondelez International, Inc., <br> Class A | 4836617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240845 | Pilgrim's Pride Corp. | 13145320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82003 | Post Holdings, Inc. (a) | 9280279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152195 | Tyson Foods, Inc., Class A | 9320422 |
|  |  | 127768324 |
|  | **Health Care Providers &** <br> **Services — 12.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43280 | Cencora, Inc. | 12666758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141292 | CVS Health Corp. | 9425589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17822 | McKesson Corp. | 12703343 |
|  |  | 34795690 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Household Products — 9.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25572 | Colgate-Palmolive Co. | $2357483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33576 | Kimberly-Clark Corp. | 4424645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14079 | Procter & Gamble (The) Co. | 2288823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 402389 | &nbsp;&nbsp;&nbsp; Reynolds Consumer Products, <br> Inc. | 9254947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134977 | Spectrum Brands Holdings, Inc. | 8517049 |
|  |  | 26842947 |
|  | **Tobacco — 2.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122534 | Altria Group, Inc. | 7247886 |
|  | **Total Common Stocks** | 287261509 |
|  | (Cost $295,494,560) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 518089 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (b) | 518089 |
|  | (Cost $518,089) |  |
|  | **Total Investments — 99.9%** | 287779598 |
|  | (Cost $296,012,649) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 148726 |
|  | **Net Assets — 100.0%** | $287928324 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of April 30, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $287261509 | $287261509 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 518089 | &nbsp;&nbsp; 518089 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $287779598 | $287779598 | $— | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Energy AlphaDEX**<sup>®</sup> **Fund (FXN)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Energy Equipment & Services** <br> **— 13.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118348 | Baker Hughes Co. | $4189519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415016 | Halliburton Co. | 8225617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 860132 | NOV, Inc. | 9986133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188463 | Schlumberger N.V. | 6266395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164810 | TechnipFMC PLC | 4642698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48921 | Weatherford International PLC | 2025329 |
|  |  | 35335691 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 81.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435289 | Antero Midstream Corp. | 7204033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64789 | Antero Resources Corp. (a) | 2256601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 501841 | APA Corp. | 7798609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22949 | Cheniere Energy, Inc. | 5303743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47187 | Chevron Corp. | 6420263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117678 | Chord Energy Corp. | 10618086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 386662 | Civitas Resources, Inc. | 10536540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100616 | ConocoPhillips | 8966898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364772 | Coterra Energy, Inc. | 8958800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 352803 | Devon Energy Corp. | 10728739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65911 | Diamondback Energy, Inc. | 8700911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27033 | DT Midstream, Inc. | 2627608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82010 | EOG Resources, Inc. | 9048163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98394 | EQT Corp. | 4864599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23516 | Expand Energy Corp. | 2443313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89079 | Exxon Mobil Corp. | 9409415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 239038 | HF Sinclair Corp. | 7187873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185187 | Kinder Morgan, Inc. | 4870418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36157 | Marathon Petroleum Corp. | 4968333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259330 | Matador Resources Co. | 10253908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349732 | New Fortress Energy, Inc. (b) | 1899045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 161675 | Occidental Petroleum Corp. | 6371612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53288 | ONEOK, Inc. | 4378142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 301857 | Ovintiv, Inc. | 10136358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 960474 | Permian Resources Corp. | 11333593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42632 | Phillips 66 | 4436286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65916 | Range Resources Corp. | 2236530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39158 | Targa Resources Corp. | 6692102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7846 | Texas Pacific Land Corp. | 10112474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59468 | Valero Energy Corp. | 6903640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 174606 | Viper Energy, Inc. | 7041860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43760 | Williams (The) Cos., Inc. | 2563023 |
|  |  | 217271518 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 5.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42497 | Enphase Energy, Inc. (a) | $1894941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103900 | First Solar, Inc. (a) | 13072698 |
|  |  | 14967639 |
|  | **Total Common Stocks** | 267574848 |
|  | (Cost $359,079,186) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 241780 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (c) | 241780 |
|  | (Cost $241,780) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.2%** | **REPURCHASE AGREEMENTS — 0.2%** | **REPURCHASE AGREEMENTS — 0.2%** |
| $646131 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $646,209. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $659,054. (d) | 646131 |
|  | (Cost $646,131) |  |
|  | **Total Investments — 100.2%** | 268462759 |
|  | (Cost $359,967,097) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.2)%** | (560101)<br>|
|  | **Net Assets — 100.0%** | $267902658 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $591,903 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $646,131.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security serves as collateral for securities on loan.

------

**First Trust Energy AlphaDEX**<sup>®</sup> **Fund (FXN)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $267574848 | $267574848 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 241780 | &nbsp;&nbsp; 241780 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 646131 | &nbsp;&nbsp; — | &nbsp;&nbsp; 646131 | &nbsp;&nbsp; — |
| Total Investments | $268462759 | $267816628 | $646131 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Financials AlphaDEX**<sup>®</sup> **Fund (FXO)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** |
|  | **Banks — 22.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328264 | Bank of America Corp. | $13091168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 627936 | Bank OZK | 26750074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132112 | BOK Financial Corp. | 12308875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 386156 | Citigroup, Inc. | 26405347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335540 | Citizens Financial Group, Inc. | 12378071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1100570 | Columbia Banking System, Inc. | 24674779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234005 | Comerica, Inc. | 12577769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 219307 | East West Bancorp, Inc. | 18761714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349850 | Fifth Third Bancorp | 12573609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14951 | &nbsp;&nbsp;&nbsp; First Citizens BancShares, Inc., <br> Class A | 26599922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 267661 | First Hawaiian, Inc. | 6118730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 711579 | First Horizon Corp. | 12865348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2029740 | FNB Corp. | 26569297 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1301446 | Huntington Bancshares, Inc. | 18910010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26602 | JPMorgan Chase & Co. | 6507381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110323 | M&T Bank Corp. | 18728432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77994 | &nbsp;&nbsp;&nbsp; PNC Financial Services Group <br> (The), Inc. | 12532856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213556 | Popular, Inc. | 20377514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192725 | Prosperity Bancshares, Inc. | 13086028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 902026 | Regions Financial Corp. | 18410351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141727 | Synovus Financial Corp. | 6139614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 465804 | U.S. Bancorp | 18790533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 383541 | Webster Financial Corp. | 18141489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90949 | Wells Fargo & Co. | 6458289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 256989 | Western Alliance Bancorp | 17914703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121112 | Wintrust Financial Corp. | 13464021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393215 | Zions Bancorp N.A. | 17682879 |
|  |  | 438818803 |
|  | **Capital Markets — 25.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200956 | Affiliated Managers Group, Inc. | 33284342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27876 | Ameriprise Financial, Inc. | 13130154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162584 | &nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) <br> Corp. | 13073379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 317614 | Blue Owl Capital, Inc. | 5885387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146504 | Carlyle Group (The), Inc. | 5660915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175355 | Charles Schwab (The) Corp. | 14273897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32358 | Evercore, Inc., Class A | 6642774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1007580 | Franklin Resources, Inc. | 18902201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62069 | &nbsp;&nbsp;&nbsp; Goldman Sachs Group (The), <br> Inc. | 33985881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118562 | Houlihan Lokey, Inc. | 19216529 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2241547 | Invesco Ltd. | 31224750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750189 | Janus Henderson Group PLC | 24913777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 254387 | Jefferies Financial Group, Inc. | 11887505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148007 | Lazard, Inc. | 5757472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101693 | LPL Financial Holdings, Inc. | 32520404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13833 | Moody's Corp. | 6268009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 294179 | Morgan Stanley | 33954140 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Capital Markets (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 278090 | Northern Trust Corp. | $26134898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46961 | Raymond James Financial, Inc. | 6435535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 251759 | SEI Investments Co. | 19710212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 306680 | State Street Corp. | 27018508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68406 | Stifel Financial Corp. | 5861710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 369012 | T. Rowe Price Group, Inc. | 32676013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135906 | TPG, Inc. | 6312834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230129 | Tradeweb Markets, Inc., Class A | 31826841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 353298 | Virtu Financial, Inc., Class A | 13831617 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1375025 | XP, Inc., Class A | 22137902 |
|  |  | 502527586 |
|  | **Consumer Finance — 5.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 742416 | Ally Financial, Inc. | 24247307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52032 | Credit Acceptance Corp. (a) | 25361437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 555107 | OneMain Holdings, Inc. | 26128887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218963 | SLM Corp. | 6330220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2287097 | SoFi Technologies, Inc. (a) | 28611583 |
|  |  | 110679434 |
|  | **Financial Services — 6.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63880 | &nbsp;&nbsp;&nbsp; Berkshire Hathaway, Inc., <br> Class B (a) | 34064010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 615905 | Corebridge Financial, Inc. | 18249265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651144 | Equitable Holdings, Inc. | 32199071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1352751 | MGIC Investment Corp. | 33697027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1212258 | UWM Holdings Corp. | 5697613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95456 | Voya Financial, Inc. | 5650995 |
|  |  | 129557981 |
|  | **Insurance — 35.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121123 | Aflac, Inc. | 13163648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164090 | Allstate (The) Corp. | 32553815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49082 | American Financial Group, Inc. | 6216726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 313776 | &nbsp;&nbsp;&nbsp; American International Group, <br> Inc. | 25579020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 354165 | Arch Capital Group Ltd. | 32115682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99020 | Arthur J. Gallagher & Co. | 31754724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 309177 | Assured Guaranty Ltd. | 27124098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 270933 | Axis Capital Holdings Ltd. | 26096267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 468277 | Brighthouse Financial, Inc. (a) | 27263087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 274347 | Brown & Brown, Inc. | 30342778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45176 | Chubb Ltd. | 12923950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230909 | Cincinnati Financial Corp. | 32144842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127465 | CNA Financial Corp. | 6138714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74536 | Everest Group Ltd. | 26745753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98374 | Fidelity National Financial, Inc. | 6300855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147257 | Globe Life, Inc. | 18162678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37075 | &nbsp;&nbsp;&nbsp; Hanover Insurance Group (The), <br> Inc. | 6158157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156416 | &nbsp;&nbsp;&nbsp; Hartford Insurance Group (The), <br> Inc. | 19187551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 202486 | Kemper Corp. | 11970972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27908 | Kinsale Capital Group, Inc. | 12147236 |

---

------

**First Trust Financials AlphaDEX**<sup>®</sup> **Fund (FXO)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Insurance (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756442 | Lincoln National Corp. | $24107807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 211285 | Loews Corp. | 18345877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18299 | Markel Group, Inc. (a) | 33278561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111633 | Marsh & McLennan Cos., Inc. | 25169893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 491074 | Old Republic International Corp. | 18464382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76161 | Principal Financial Group, Inc. | 5647338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119766 | Progressive (The) Corp. | 33742873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138986 | RenaissanceRe Holdings Ltd. | 33624883 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 168748 | RLI Corp. | 12489039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 461313 | Ryan Specialty Holdings, Inc. | 30220615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73547 | Travelers (The) Cos., Inc. | 19425969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 332190 | Unum Group | 25797875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3424 | &nbsp;&nbsp;&nbsp; White Mountains Insurance <br> Group Ltd. | 6051749 |
|  |  | 690457414 |
|  | **Mortgage REITs — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2050214 | AGNC Investment Corp. (b) | 18103390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 677941 | &nbsp;&nbsp;&nbsp; Annaly Capital Management, <br> Inc. | 13287643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2978905 | Rithm Capital Corp. | 33304158 |
|  |  | 64695191 |
|  | **Professional Services — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79511 | &nbsp;&nbsp;&nbsp; Broadridge Financial Solutions, <br> Inc. | 19273466 |
|  | **Total Common Stocks** | 1956009875 |
|  | (Cost $1,923,423,519) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3033142 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (c) | 3033142 |
|  | (Cost $3,033,142) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** |
| $305012 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $305,049. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $311,112. (d) | $305012 |
|  | (Cost $305,012) |  |
|  | **Total Investments — 100.0%** | 1959348029 |
|  | (Cost $1,926,761,673) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (136251)<br>|
|  | **Net Assets — 100.0%** | $1959211778 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $283,196 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $305,012.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security serves as collateral for securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations throughout the Portfolio of Investments: <br> REITs – Real Estate Investment Trusts

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Common <br> Stocks\*<br>| $1956009875 | $1956009875 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 3033142 | &nbsp;&nbsp; 3033142 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 305012 | &nbsp;&nbsp; — | &nbsp;&nbsp; 305012 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Total <br> Investments<br>| $1959348029 | $1959043017 | $305012 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Health Care AlphaDEX**<sup>®</sup> **Fund (FXH)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** |
|  | **Biotechnology — 19.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58686 | AbbVie, Inc. | $11449639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63108 | &nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, <br> Inc. (a) | 16612550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52593 | Amgen, Inc. | 15300355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152823 | Biogen, Inc. (a) | 18503809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118793 | &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical, <br> Inc. (a) | 7565926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 554453 | Exelixis, Inc. (a) | 21706835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132498 | Incyte Corp. (a) | 8302325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114766 | Natera, Inc. (a) | 17321632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35354 | Neurocrine Biosciences, Inc. (a) | 3807272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26159 | Regeneron Pharmaceuticals, Inc. | 15662963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65752 | United Therapeutics Corp. (a) | 19928774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33300 | Vertex Pharmaceuticals, Inc. (a) | 16966350 |
|  |  | 173128430 |
|  | **Health Care Equipment &** <br> **Supplies — 23.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122574 | Abbott Laboratories | 16026550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51059 | Align Technology, Inc. (a) | 8848525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35702 | Becton Dickinson & Co. | 7393527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99297 | Cooper (The) Cos., Inc. (a) | 8109586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56199 | Dexcom, Inc. (a) | 4011485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112300 | Edwards Lifesciences Corp. (a) | 8477527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101429 | &nbsp;&nbsp;&nbsp; GE HealthCare Technologies, <br> Inc. | 7133502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51550 | &nbsp;&nbsp;&nbsp; Globus Medical, Inc., <br> Class A (a) | 3699744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262972 | Hologic, Inc. (a) | 15304970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9039 | IDEXX Laboratories, Inc. (a) | 3910723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76666 | Insulet Corp. (a) | 19342065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24388 | Intuitive Surgical, Inc. (a) | 12579330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72228 | Masimo Corp. (a) | 11625819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136806 | Medtronic PLC | 11595677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74421 | Penumbra, Inc. (a) | 21793446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36306 | ResMed, Inc. | 8589637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49556 | Solventum Corp. (a) | 3276643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35756 | STERIS PLC | 8035803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32432 | Stryker Corp. | 12126973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26968 | Teleflex, Inc. | 3695964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143641 | Zimmer Biomet Holdings, Inc. | 14802205 |
|  |  | 210379701 |
|  | **Health Care Providers &** <br> **Services — 31.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 674127 | Acadia Healthcare Co., Inc. (a) | 15774572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147138 | Cardinal Health, Inc. | 20789128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333773 | Centene Corp. (a) | 19976314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19568 | Chemed Corp. | 11378988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60960 | Cigna Group (The) | 20728838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106259 | DaVita, Inc. (a) | 15040961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27980 | Elevance Health, Inc. | 11767828 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Health Care Providers &** <br> **Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119533 | Encompass Health Corp. | $13984166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46686 | HCA Healthcare, Inc. | 16110405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175274 | Henry Schein, Inc. (a) | 11387552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30487 | Humana, Inc. | 7994911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52035 | Labcorp Holdings, Inc. | 12540955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61567 | Molina Healthcare, Inc. (a) | 20133025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 828616 | Premier, Inc., Class A (b) | 16862336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71515 | Quest Diagnostics, Inc. | 12745403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151248 | Tenet Healthcare Corp. (a) | 21620901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23140 | UnitedHealth Group, Inc. | 9520722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107431 | &nbsp;&nbsp;&nbsp; Universal Health Services, Inc., <br> Class B | 19022807 |
|  |  | 277379812 |
|  | **Health Care Technology —** <br> **4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 383295 | Certara, Inc. (a) | 5312469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 355722 | Doximity, Inc., Class A (a) | 20233467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53121 | Veeva Systems, Inc., Class A (a) | 12413847 |
|  |  | 37959783 |
|  | **Life Sciences Tools & Services** <br> **— 8.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70762 | Agilent Technologies, Inc. | 7613991 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1021603 | Avantor, Inc. (a) | 13270623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65963 | Bio-Techne Corp. | 3321237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93691 | Bruker Corp. | 3753262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25917 | &nbsp;&nbsp;&nbsp; Charles River Laboratories <br> International, Inc. (a) | 3074275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18876 | Danaher Corp. | 3762553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47133 | IQVIA Holdings, Inc. (a) | 7308914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12705 | Medpace Holdings, Inc. (a) | 3918095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77373 | Revvity, Inc. | 7228959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16714 | Thermo Fisher Scientific, Inc. | 7170306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10627 | Waters Corp. (a) | 3695327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36659 | &nbsp;&nbsp;&nbsp; West Pharmaceutical Services, <br> Inc. | 7745680 |
|  |  | 71863222 |
|  | **Pharmaceuticals — 13.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1949439 | Elanco Animal Health, Inc. (a) | 18480682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15034 | Eli Lilly & Co. | 13514814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 161427 | Jazz Pharmaceuticals PLC (a) | 18880502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24690 | Johnson & Johnson | 3859294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1142347 | Organon & Co. | 14770547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136572 | Perrigo Co. PLC | 3512632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 657759 | Pfizer, Inc. | 16055897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 388389 | Royalty Pharma PLC, Class A | 12746927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1876903 | Viatris, Inc. | 15803523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23366 | Zoetis, Inc. | 3654442 |
|  |  | 121279260 |
|  | **Total Common Stocks** | 891990208 |
|  | (Cost $866,179,943) |  |

---

------

**First Trust Health Care AlphaDEX**<sup>®</sup> **Fund (FXH)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 652559 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (c) | $652559 |
|  | (Cost $652,559) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.2%** | **REPURCHASE AGREEMENTS — 0.2%** | **REPURCHASE AGREEMENTS — 0.2%** |
| $1156304 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $1,156,444. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $1,179,430. (d) | 1156304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1110959 | &nbsp;&nbsp;&nbsp; RBC Dominion Securities, Inc., <br> 4.36% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $1,111,094. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.25%, due 04/15/26 to <br> 08/15/46. The value of the <br> collateral including accrued <br> interest is $1,133,178. (d) | 1110959 |
|  | **Total Repurchase Agreements** | 2267263 |
|  | (Cost $2,267,263) |  |
|  | **Total Investments — 100.3%** | 894910030 |
|  | (Cost $869,099,765) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.3)%** | (2687775)<br>|
|  | **Net Assets — 100.0%** | $892222255 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $2,189,721 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $2,267,263.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $891990208 | $891990208 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 652559 | &nbsp;&nbsp; 652559 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 2267263 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2267263 | &nbsp;&nbsp; — |
| Total Investments | $894910030 | $892642767 | $2267263 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Industrials/Producer Durables AlphaDEX**<sup>®</sup> **Fund (FXR)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Aerospace & Defense — 9.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31749 | Axon Enterprise, Inc. (a) | $19471662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31340 | General Dynamics Corp. | 8528241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105397 | General Electric Co. | 21241711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79488 | HEICO Corp. | 19932411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162980 | Howmet Aerospace, Inc. | 22585768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106223 | &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, <br> Inc. | 24467406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40956 | L3Harris Technologies, Inc. | 9011139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16742 | Northrop Grumman Corp. | 8144983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 238115 | Textron, Inc. | 16756153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9219 | TransDigm Group, Inc. | 13027092 |
|  |  | 163166566 |
|  | **Air Freight & Logistics —** <br> **3.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140565 | &nbsp;&nbsp;&nbsp; Expeditors International of <br> Washington, Inc. | 15449499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88759 | FedEx Corp. | 18668680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 436215 | GXO Logistics, Inc. (a) | 15808432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117944 | &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., <br> Class B | 11240063 |
|  |  | 61166674 |
|  | **Building Products — 9.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196445 | A.O. Smith Corp. | 13330758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157664 | &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, <br> Inc. | 17893287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65584 | Allegion PLC | 9129293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121307 | Armstrong World Industries, Inc. | 17591941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177320 | AZEK (The) Co., Inc. (a) | 8787979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 170987 | Builders FirstSource, Inc. (a) | 20455175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25038 | Carlisle Cos., Inc. | 9501420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282045 | Fortune Brands Innovations, Inc. | 15179662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 628470 | Hayward Holdings, Inc. (a) | 8377505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7332 | Lennox International, Inc. | 4008771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59306 | Masco Corp. | 3594537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119259 | Owens Corning | 17341451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82141 | Simpson Manufacturing Co., Inc. | 12624250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12127 | Trane Technologies PLC | 4648401 |
|  |  | 162464430 |
|  | **Chemicals — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257375 | Axalta Coating Systems Ltd. (a) | 8364688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 496456 | Dow, Inc. | 15186589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114735 | DuPont de Nemours, Inc. | 7571363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78854 | PPG Industries, Inc. | 8584046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35568 | RPM International, Inc. | 3796884 |
|  |  | 43503570 |
|  | **Commercial Services &** <br> **Supplies — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61994 | Cintas Corp. | 13122890 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Commercial Services &** <br> **Supplies (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58410 | MSA Safety, Inc. | $9194902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1340972 | Vestis Corp. | 11746915 |
|  |  | 34064707 |
|  | **Construction & Engineering** <br> **— 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12554 | Comfort Systems USA, Inc. | 4990843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34320 | EMCOR Group, Inc. | 13752024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59564 | Valmont Industries, Inc. | 17465356 |
|  |  | 36208223 |
|  | **Construction Materials —** <br> **2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75536 | Eagle Materials, Inc. | 17100595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44327 | Martin Marietta Materials, Inc. | 23226461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17459 | Vulcan Materials Co. | 4580020 |
|  |  | 44907076 |
|  | **Consumer Finance — 2.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31763 | American Express Co. | 8461981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48207 | Capital One Financial Corp. | 8689794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 403266 | Synchrony Financial | 20949668 |
|  |  | 38101443 |
|  | **Containers & Packaging —** <br> **4.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 875755 | Amcor PLC | 8056946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57622 | AptarGroup, Inc. | 8640419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 819144 | Graphic Packaging Holding Co. | 20732535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64456 | Packaging Corp. of America | 11963678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142591 | Sealed Air Corp. | 3929808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 251208 | Silgan Holdings, Inc. | 12974893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86423 | Sonoco Products Co. | 3543343 |
|  |  | 69841622 |
|  | **Diversified Consumer Services** <br> **— 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2632100 | ADT, Inc. | 21109442 |
|  | **Electrical Equipment — 4.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65169 | Acuity, Inc. | 15875820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24094 | AMETEK, Inc. | 4085860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37655 | Emerson Electric Co. | 3957917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68007 | Generac Holdings, Inc. (a) | 7778641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25810 | Hubbell, Inc. | 9373676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112336 | Regal Rexnord Corp. | 11889642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 709134 | &nbsp;&nbsp;&nbsp; Sensata Technologies <br> Holding PLC | 15175468 |
|  |  | 68137024 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333446 | Crane NXT Co. | 15645286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8310 | Teledyne Technologies, Inc. (a) | 3872709 |

---

------

**First Trust Industrials/Producer Durables AlphaDEX**<sup>®</sup> **Fund (FXR)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328512 | Trimble, Inc. (a) | $20413736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 522098 | Vontier Corp. | 16607938 |
|  |  | 56539669 |
|  | **Financial Services — 9.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 387623 | Block, Inc. (a) | 22664317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36609 | Corpay, Inc. (a) | 11911470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78884 | Euronet Worldwide, Inc. (a) | 7817404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96744 | Fiserv, Inc. (a) | 17856040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218183 | Global Payments, Inc. | 16649545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22512 | Jack Henry & Associates, Inc. | 3904256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23497 | Mastercard, Inc., Class A | 12877766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129973 | PayPal Holdings, Inc. (a) | 8557422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154004 | &nbsp;&nbsp;&nbsp; Shift4 Payments, Inc., <br> Class A (a) (b) | 12597527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62013 | Visa, Inc., Class A | 21425492 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2035829 | Western Union (The) Co. | 20175065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25740 | WEX, Inc. (a) | 3355724 |
|  |  | 159792028 |
|  | **Ground Transportation —** <br> **6.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 436245 | CSX Corp. | 12245397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86069 | &nbsp;&nbsp;&nbsp; J.B. Hunt Transport Services, <br> Inc. | 11238890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 392647 | &nbsp;&nbsp;&nbsp; Knight-Swift Transportation <br> Holdings, Inc. | 15379983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27600 | Landstar System, Inc. | 3702540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36311 | Norfolk Southern Corp. | 8135480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146848 | Ryder System, Inc. | 20216564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36326 | Saia, Inc. (a) | 8863544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 936678 | Schneider National, Inc., Class B | 20129210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17467 | Union Pacific Corp. | 3766933 |
|  |  | 103678541 |
|  | **Household Durables — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 186744 | Mohawk Industries, Inc. (a) | 19860225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56295 | TopBuild Corp. (a) | 16649809 |
|  |  | 36510034 |
|  | **Industrial Conglomerates —** <br> **1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116353 | 3M Co. | 16162595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19407 | Honeywell International, Inc. | 4085174 |
|  |  | 20247769 |
|  | **IT Services — 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13206 | Accenture PLC, Class A | 3950575 |
|  | **Leisure Products — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 318608 | Brunswick Corp. | 14671898 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Machinery — 15.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220625 | &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, <br> Inc. | $20350450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38981 | Caterpillar, Inc. | 12055654 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1379004 | CNH Industrial N.V. | 15955076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68108 | Cummins, Inc. | 20012855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 191058 | Donaldson Co., Inc. | 12558242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97369 | Dover Corp. | 16616020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34262 | Esab Corp. | 4115551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84206 | Flowserve Corp. | 3808637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56353 | Fortive Corp. | 3927241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 925280 | Gates Industrial Corp. PLC (a) | 17506298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49095 | Graco, Inc. | 4006643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22867 | IDEX Corp. | 3978172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16652 | Illinois Tool Works, Inc. | 3994981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98261 | ITT, Inc. | 13463722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21553 | Lincoln Electric Holdings, Inc. | 3797639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84377 | Middleby (The) Corp. (a) | 11251673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20609 | Nordson Corp. | 3906848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228659 | Oshkosh Corp. | 19152478 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218512 | PACCAR, Inc. | 19711968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6790 | Parker-Hannifin Corp. | 4108357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97581 | Pentair PLC | 8853524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50599 | Snap-on, Inc. | 15878472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112838 | Stanley Black & Decker, Inc. | 6772537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177577 | Toro (The) Co. | 12124958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22558 | &nbsp;&nbsp;&nbsp; Westinghouse Air Brake <br> Technologies Corp. | 4167365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34550 | Xylem, Inc. | 4165693 |
|  |  | 266241054 |
|  | **Marine Transportation —** <br> **1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169101 | Kirby Corp. (a) | 16296263 |
|  | **Metals & Mining — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 163333 | ATI, Inc. (a) | 8882048 |
|  | **Paper & Forest Products —** <br> **1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 235555 | Louisiana-Pacific Corp. | 20330752 |
|  | **Professional Services — 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56052 | Automatic Data Processing, Inc. | 16849231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78523 | FTI Consulting, Inc. (a) | 13056804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 254880 | Genpact Ltd. | 12810269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 219723 | ManpowerGroup, Inc. | 9463470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83361 | Paychex, Inc. | 12264070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67885 | Paylocity Holding Corp. (a) | 13040709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159094 | Robert Half, Inc. | 7047864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57541 | Verisk Analytics, Inc. | 17056879 |
|  |  | 101589296 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107027 | MKS Instruments, Inc. | 7506874 |

---

------

**First Trust Industrials/Producer Durables AlphaDEX**<sup>®</sup> **Fund (FXR)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Software — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4600 | Fair Isaac Corp. (a) | $9152528 |
|  | **Trading Companies &** <br> **Distributors — 6.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 443299 | Air Lease Corp. | 20728661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260973 | Core & Main, Inc., Class A (a) | 13748058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53442 | Ferguson Enterprises, Inc. | 9066970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220798 | &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc., <br> Class A | 16886631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33981 | United Rentals, Inc. | 21457302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137308 | WESCO International, Inc. | 22375712 |
|  |  | 104263334 |
|  | **Total Common Stocks** | 1672323440 |
|  | (Cost $1,618,064,978) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1499995 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (c) | 1499995 |
|  | (Cost $1,499,995) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.8%** | **REPURCHASE AGREEMENTS — 0.8%** | **REPURCHASE AGREEMENTS — 0.8%** |
| $6499183 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $6,499,972. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $6,629,167. (d) | $6499183 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6244314 | &nbsp;&nbsp;&nbsp; RBC Dominion Securities, Inc., <br> 4.36% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $6,245,070. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.25%, due 04/15/26 to <br> 08/15/46. The value of the <br> collateral including accrued <br> interest is $6,369,201. (d) | 6244314 |
|  | **Total Repurchase Agreements** | 12743497 |
|  | (Cost $12,743,497) |  |
|  | **Total Investments — 100.8%** | 1686566932 |
|  | (Cost $1,632,308,470) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.8)%** | (13461689)<br>|
|  | **Net Assets — 100.0%** | $1673105243 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $11,337,725 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $12,743,497.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security serves as collateral for securities on loan.

------

**First Trust Industrials/Producer Durables AlphaDEX**<sup>®</sup> **Fund (FXR)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Common <br> Stocks\*<br>| $1672323440 | $1672323440 | $— | $— |
| &nbsp;&nbsp; Money <br> Market <br> Funds<br>| &nbsp;&nbsp; 1499995 | &nbsp;&nbsp; 1499995 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 12743497 | &nbsp;&nbsp; — | &nbsp;&nbsp; 12743497 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Total <br> Investments<br>| $1686566932 | $1673823435 | $12743497 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Materials AlphaDEX**<sup>®</sup> **Fund (FXZ)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Aerospace & Defense — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75611 | Hexcel Corp. | $3664865 |
|  | **Chemicals — 52.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21156 | Air Products and Chemicals, Inc. | 5735180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25213 | Albemarle Corp. | 1476221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107449 | Ashland, Inc. | 5844151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32520 | Celanese Corp. | 1447465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130007 | CF Industries Holdings, Inc. | 10188649 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 479042 | Chemours (The) Co. | 5930540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117477 | Eastman Chemical Co. | 9045729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24417 | Ecolab, Inc. | 6139166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275073 | Element Solutions, Inc. | 5614240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196390 | FMC Corp. | 8232669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117354 | Huntsman Corp. | 1561982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53452 | &nbsp;&nbsp;&nbsp; International Flavors & <br> Fragrances, Inc. | 4193844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3877 | Linde PLC | 1757173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118188 | &nbsp;&nbsp;&nbsp; LyondellBasell Industries N.V., <br> Class A | 6879724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 308875 | Mosaic (The) Co. | 9389800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18264 | NewMarket Corp. | 11237839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347955 | Olin Corp. | 7522787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33061 | Scotts Miracle-Gro (The) Co. | 1665613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82795 | Westlake Corp. | 7652742 |
|  |  | 111515514 |
|  | **Containers & Packaging —** <br> **4.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23049 | Avery Dennison Corp. | 3943914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115720 | International Paper Co. | 5286090 |
|  |  | 9230004 |
|  | **Machinery — 5.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5438 | RBC Bearings, Inc. (a) | 1786764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150530 | Timken (The) Co. | 9671552 |
|  |  | 11458316 |
|  | **Metals & Mining — 33.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205987 | Alcoa Corp. | 5052861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 223552 | Cleveland-Cliffs, Inc. (a) | 1842069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108548 | Freeport-McMoRan, Inc. | 3910984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71941 | MP Materials Corp. (a) (b) | 1759677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 214276 | Newmont Corp. | 11288060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86471 | Nucor Corp. | 10322043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28640 | Reliance, Inc. | 8254907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25197 | Royal Gold, Inc. | 4603744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44088 | Southern Copper Corp. | 3946758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83447 | Steel Dynamics, Inc. | 10823910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196296 | United States Steel Corp. | 8580098 |
|  |  | 70385111 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Trading Companies &** <br> **Distributors — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53330 | Fastenal Co. | $4318130 |
|  | **Total Common Stocks** | 210571940 |
|  | (Cost $251,379,111) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 311744 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (c) | 311744 |
|  | (Cost $311,744) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.8%** | **REPURCHASE AGREEMENTS — 0.8%** | **REPURCHASE AGREEMENTS — 0.8%** |
| $1000000 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $1,000,121. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $1,020,000. (d) | 1000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 636996 | &nbsp;&nbsp;&nbsp; RBC Dominion Securities, Inc., <br> 4.36% (c), dated 04/30/25, due <br> 05/01/25, with a maturity <br> value of $637,073. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 0.00% to <br> 4.25%, due 04/15/26 to <br> 08/15/46. The value of the <br> collateral including accrued <br> interest is $649,736. (d) | 636996 |
|  | **Total Repurchase Agreements** | 1636996 |
|  | (Cost $1,636,996) |  |
|  | **Total Investments — 100.8%** | 212520680 |
|  | (Cost $253,327,851) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.8)%** | (1659010)<br>|
|  | **Net Assets — 100.0%** | $210861670 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $1,583,688 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $1,636,996.

------

**First Trust Materials AlphaDEX**<sup>®</sup> **Fund (FXZ)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $210571940 | $210571940 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 311744 | &nbsp;&nbsp; 311744 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 1636996 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1636996 | &nbsp;&nbsp; — |
| Total Investments | $212520680 | $210883684 | $1636996 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Technology AlphaDEX**<sup>®</sup> **Fund (FXL)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Communications Equipment** <br> **— 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29029 | F5, Inc. (a) | $7685137 |
|  | **Consumer Staples Distribution** <br> **& Retail — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 290775 | Maplebear, Inc. (a) | 11599015 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 8.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236012 | Amphenol Corp., Class A | 18161123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151068 | Arrow Electronics, Inc. (a) | 16822932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 432223 | Avnet, Inc. | 20310159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48103 | CDW Corp. | 7723418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61197 | Coherent Corp. (a) | 3936191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85727 | Jabil, Inc. | 12564149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 197570 | TD SYNNEX Corp. | 21890756 |
|  |  | 101408728 |
|  | **Financial Services — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 598879 | Toast, Inc., Class A (a) | 21308115 |
|  | **Hotels, Restaurants & Leisure** <br> **— 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112475 | DoorDash, Inc., Class A (a) | 21695303 |
|  | **Interactive Media & Services** <br> **— 3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49640 | Alphabet, Inc., Class A | 7882832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 372336 | Match Group, Inc. | 11043486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26610 | Meta Platforms, Inc., Class A | 14608890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 377257 | Pinterest, Inc., Class A (a) | 9552147 |
|  |  | 43087355 |
|  | **IT Services — 17.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 193466 | Akamai Technologies, Inc. (a) | 15589490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171335 | Amdocs Ltd. | 15176854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177396 | Cloudflare, Inc., Class A (a) | 21425889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 268378 | &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions <br> Corp., Class A | 19744569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1183250 | DXC Technology Co. (a) | 18364040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93077 | EPAM Systems, Inc. (a) | 14604712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100836 | Globant S.A. (a) | 11855288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86284 | GoDaddy, Inc., Class A (a) | 16249866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121256 | Kyndryl Holdings, Inc. (a) | 3931120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195985 | Okta, Inc. (a) | 21981678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78206 | Snowflake, Inc., Class A (a) | 12473075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158841 | Twilio, Inc., Class A (a) | 15361513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61156 | VeriSign, Inc. (a) | 17253331 |
|  |  | 204011425 |
|  | **Professional Services — 10.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42155 | &nbsp;&nbsp;&nbsp; CACI International, Inc., <br> Class A (a) | 19301510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 994476 | Clarivate PLC (a) | 4286192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 379743 | Concentrix Corp. | 19389678 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Professional Services** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66820 | Dayforce, Inc. (a) | $3866873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234227 | KBR, Inc. | 12369528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115540 | Leidos Holdings, Inc. | 17005177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130903 | Parsons Corp. (a) | 8752175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70591 | Paycom Software, Inc. | 15981096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137617 | &nbsp;&nbsp;&nbsp; Science Applications <br> International Corp. | 16655785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 140903 | &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, <br> Inc. | 10652267 |
|  |  | 128260281 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 18.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1132943 | Amkor Technology, Inc. | 19769855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19571 | Analog Devices, Inc. | 3814779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80288 | Applied Materials, Inc. | 12100205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62866 | Astera Labs, Inc. (a) | 4105779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46266 | Broadcom, Inc. | 8904817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156199 | Cirrus Logic, Inc. (a) | 15001352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 216693 | GLOBALFOUNDRIES, Inc. (a) | 7599424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11425 | KLA Corp. | 8028233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107054 | Lam Research Corp. | 7672560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 231288 | Micron Technology, Inc. | 17797612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6705 | Monolithic Power Systems, Inc. | 3976736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70783 | NVIDIA Corp. | 7709684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510387 | ON Semiconductor Corp. (a) | 20262364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95027 | Onto Innovation, Inc. (a) | 11590443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53972 | Qorvo, Inc. (a) | 3868173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101884 | QUALCOMM, Inc. | 15125699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 317512 | Skyworks Solutions, Inc. | 20409671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141568 | Teradyne, Inc. | 10505761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43804 | Texas Instruments, Inc. | 7010830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84203 | Universal Display Corp. | 10578423 |
|  |  | 215832400 |
|  | **Software — 29.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17527 | Appfolio, Inc., Class A (a) | 3619676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55159 | AppLovin Corp., Class A (a) | 14854870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54040 | Atlassian Corp., Class A (a) | 12337872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14733 | Autodesk, Inc. (a) | 4040525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 330928 | Confluent, Inc., Class A (a) | 7879396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43030 | &nbsp;&nbsp;&nbsp; Crowdstrike Holdings, Inc., <br> Class A (a) | 18454276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188576 | Docusign, Inc. (a) | 15416088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145047 | &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., <br> Class A | 11138159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 577104 | DoubleVerify Holdings, Inc. (a) | 7652399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 286854 | Dropbox, Inc., Class A (a) | 8189682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81505 | Dynatrace, Inc. (a) | 3828290 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85360 | Elastic N.V. (a) | 7358032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143957 | Five9, Inc. (a) | 3619079 |

---

------

**First Trust Technology AlphaDEX**<sup>®</sup> **Fund (FXL)**

**Portfolio of Investments (Continued)**

**April 30, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Software (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 212244 | Fortinet, Inc. (a) | $22022437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145786 | Gen Digital, Inc. | 3771484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81813 | Gitlab, Inc., Class A (a) | 3818213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107670 | Guidewire Software, Inc. (a) | 22047586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13395 | HubSpot, Inc. (a) | 8191043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12701 | Intuit, Inc. | 7969496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10201 | Microsoft Corp. | 4032047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38217 | MicroStrategy, Inc., Class A (a) | 14526664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 293947 | Nutanix, Inc., Class A (a) | 20194159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 242295 | &nbsp;&nbsp;&nbsp; Palantir Technologies, Inc., <br> Class A (a) | 28697420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68268 | Palo Alto Networks, Inc. (a) | 12761337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55242 | Pegasystems, Inc. | 5086683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115285 | Procore Technologies, Inc. (a) | 7388616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153720 | RingCentral, Inc., Class A (a) | 3919860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6598 | Roper Technologies, Inc. | 3695408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14429 | Salesforce, Inc. | 3877217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4805 | ServiceNow, Inc. (a) | 4588823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20008 | Tyler Technologies, Inc. (a) | 10870346 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33243 | Workday, Inc., Class A (a) | 8144535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210664 | Zoom Communications, Inc. (a) | 16334887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77552 | Zscaler, Inc. (a) | 17539936 |
|  |  | 347866541 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 7.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34932 | Apple, Inc. | 7423050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84784 | Dell Technologies, Inc., Class C | 7779780 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1311866 | Hewlett Packard Enterprise Co. | 21278466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 420837 | HP, Inc. | 10760802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130686 | NetApp, Inc. | 11729068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 333665 | Super Micro Computer, Inc. (a) | 10630567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 501774 | Western Digital Corp. (a) | 22007808 |
|  |  | 91609541 |
|  | **Total Common Stocks** | 1194363841 |
|  | (Cost $1,077,795,116) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1512163 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (b) | 1512163 |
|  | (Cost $1,512,163) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** |
| $3190 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 4.37% (b), dated 04/30/25, <br> due 05/01/25, with a maturity <br> value of $3,190. Collateralized <br> by U.S. Treasury Securities, <br> interest rates of 3.75% to <br> 3.88%, due 04/30/30 to <br> 05/31/30. The value of the <br> collateral including accrued <br> interest is $3,254. (c) | $3190 |
|  | (Cost $3,190) |  |
|  | **Total Investments — 100.0%** | 1195879194 |
|  | (Cost $1,079,310,469) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (531659)<br>|
|  | **Net Assets — 100.0%** | $1195347535 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of April 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Common <br> Stocks\*<br>| $1194363841 | $1194363841 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 1512163 | &nbsp;&nbsp; 1512163 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| &nbsp;&nbsp; 3190 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3190 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Total <br> Investments<br>| $1195879194 | $1195876004 | $3190 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Utilities AlphaDEX**<sup>®</sup> **Fund (FXU)**

**Portfolio of Investments**

**April 30, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Commercial Services &** <br> **Supplies — 5.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63045 | Clean Harbors, Inc. (a) | $13487847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51944 | Republic Services, Inc. | 13024958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 270733 | Waste Management, Inc. | 63178253 |
|  |  | 89691058 |
|  | **Electric Utilities — 51.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393012 | Alliant Energy Corp. | 23989452 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350442 | &nbsp;&nbsp;&nbsp; American Electric Power Co., <br> Inc. | 37966886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122341 | Constellation Energy Corp. | 27335873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 313679 | Duke Energy Corp. | 38275112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1077368 | Edison International | 57649962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147791 | Entergy Corp. | 12291777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 917189 | Evergy, Inc. | 63377760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 611646 | Eversource Energy | 36380704 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1102695 | Exelon Corp. | 51716395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 940027 | FirstEnergy Corp. | 40308358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 323520 | IDACORP, Inc. | 38204477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 356989 | NextEra Energy, Inc. | 23875424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 642401 | NRG Energy, Inc. | 70394302 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1097670 | OGE Energy Corp. | 49812265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3665037 | PG&E Corp. | 60546411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 531443 | Pinnacle West Capital Corp. | 50582745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 702113 | PPL Corp. | 25627125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137861 | Southern (The) Co. | 12668047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 716016 | Xcel Energy, Inc. | 50622331 |
|  |  | 771625406 |
|  | **Gas Utilities — 6.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 245112 | Atmos Energy Corp. | 39372341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1889406 | UGI Corp. | 61953623 |
|  |  | 101325964 |
|  | **Independent Power and** <br> **Renewable Electricity** <br>**Producers — 11.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5116818 | AES (The) Corp. | 51168180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 442621 | Brookfield Renewable Corp. | 12596994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1661836 | Clearway Energy, Inc., Class C | 48758268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 414237 | Vistra Corp. | 53697542 |
|  |  | 166220984 |
|  | **Multi-Utilities — 21.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 377252 | Ameren Corp. | 37438488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 687999 | CenterPoint Energy, Inc. | 26680601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 336946 | CMS Energy Corp. | 24816073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 460072 | Consolidated Edison, Inc. | 51873118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450014 | Dominion Energy, Inc. | 24471761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 275358 | DTE Energy Co. | 37724046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 626672 | NiSource, Inc. | 24509142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152046 | &nbsp;&nbsp;&nbsp; Public Service Enterprise Group, <br> Inc. | 12153037 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Multi-Utilities (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 884506 | Sempra | $65692261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116259 | WEC Energy Group, Inc. | 12732686 |
|  |  | 318091213 |
|  | **Water Utilities — 4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86117 | American Water Works Co., Inc. | 12660060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1280311 | Essential Utilities, Inc. | 52659192 |
|  |  | 65319252 |
|  | **Total Common Stocks** | 1512273877 |
|  | (Cost $1,484,488,474) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1993351 | &nbsp;&nbsp;&nbsp; Morgan Stanley Institutional <br> Liquidity Funds - Treasury <br> Portfolio - Institutional Class - <br> 4.18% (b) | 1993351 |
|  | (Cost $1,993,351) |  |
|  | **Total Investments — 100.0%** | 1514267228 |
|  | (Cost $1,486,481,825) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (379129)<br>|
|  | **Net Assets — 100.0%** | $1513888099 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of April 30, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of April 30, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**4/30/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Common <br> Stocks\*<br>| $1512273877 | $1512273877 | $— | $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| &nbsp;&nbsp; 1993351 | &nbsp;&nbsp; 1993351 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Total <br> Investments<br>| $1514267228 | $1514267228 | $— | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Exchange-Traded AlphaDEX**<sup>®</sup> **Fund**

**Additional Information**

**April 30, 2025 (Unaudited)**

**Valuation Inputs**

The Funds are subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs that may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.

**Licensing Information**

Source ICE Data Indices, LLC ("ICE Data"), is used with permission. "StrataQuant<sup>®</sup>" is a service/trade mark of ICE Data or its affiliates. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell<sup>®</sup>, Russell 1000<sup>®</sup>, and Russell 3000<sup>®</sup> are all registered trademarks of Frank Russell Company. Russell 1000<sup>®</sup> and Russell 3000<sup>®</sup> are being utilized in the indices under license. These trademarks have been licensed, along with the StrataQuant<sup>®</sup> Consumer Discretionary Index, StrataQuant<sup>®</sup> Consumer Staples Index, StrataQuant<sup>®</sup> Energy Index, StrataQuant<sup>®</sup> Financials Index, StrataQuant<sup>®</sup> Health Care Index, StrataQuant<sup>®</sup> Industrials Index, StrataQuant<sup>®</sup> Materials Index, StrataQuant<sup>®</sup> Technology Index and the StrataQuant<sup>®</sup> Utilities Index (each, an "Index") for use by First Trust Portfolios L.P. ("FTP") in connection with the First Trust Consumer Discretionary AlphaDEX<sup>®</sup> Fund (FXD), First Trust Consumer Staples AlphaDEX<sup>®</sup> Fund (FXG), First Trust Energy AlphaDEX<sup>®</sup> Fund (FXN), First Trust Financials AlphaDEX<sup>®</sup> Fund (FXO), First Trust Health Care AlphaDEX<sup>®</sup> Fund (FXH), First Trust Industrials/Producer Durables AlphaDEX<sup>®</sup> Fund (FXR), First Trust Materials AlphaDEX<sup>®</sup> Fund (FXZ), First Trust Technology AlphaDEX<sup>®</sup> Fund (FXL) and the First Trust Utilities AlphaDEX<sup>®</sup> Fund (FXU), respectively (each, the "Product"). Neither FTP, First Trust Exchange-Traded AlphaDEX<sup>®</sup> Fund (the "Trust") nor the Product, as applicable, is sponsored, endorsed, sold or promoted by ICE Data, its affiliates or its Third Party Suppliers including without limitation Frank Russell Company ("ICE Data and its Suppliers"). ICE Data and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in the Product particularly, the Trust or the ability of the Index to track general stock market performance. ICE Data's only relationship to FTP is the licensing of certain trademarks and trade names and the Index or components thereof. The Index is determined, composed and calculated by ICE Data without regard to FTP or the Product or its holders. ICE Data has no obligation to take the needs of FTP or the holders of the Product into consideration in determining, composing or calculating the Index. ICE Data is not responsible for and has not participated in the determination of the timing of, prices of, or quantities of the Product to be issued or in the determination or calculation of the equation by which the Product is to be priced, sold, purchased, or redeemed. Except for certain custom index calculation services, all information provided by ICE Data is general in nature and not tailored to the needs of FTP or any other person, entity or group of persons. ICE Data has no obligation or liability in connection with the administration, marketing, or trading of the Product. ICE Data is not an investment advisor. Inclusion of a security within an index is not a recommendation by ICE Data to buy, sell, or hold such security, nor is it considered to be investment advice.

ICE DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM ("INDEX DATA"). ICE DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND THE INDEX DATA, WHICH ARE PROVIDED ON AN "AS IS" BASIS AND YOUR USE IS AT YOUR OWN RISK.

------

## 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 Exchange-Traded AlphaDEX Fund

- **b. Investment Company Act file number:** 811-22019

- **c. CIK number of Registrant:** 0001383496

- **d. LEI of Registrant:** 549300PGRVU1P76W4537

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

  - **Street Address 1:** 120 East Liberty Drive

  - **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 Technology AlphaDEX Fund

- **b. EDGAR series identifier (if any):** S000017703

- **c. LEI of Series:** 549300TO803NY738YI90

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1196123929.68

**Total Liabilities:** $776394.63

**Net Assets:** $1195347535.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000048903 | -7.66%               | -8.87%               | 3.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11449913.80             | $-122826624.69                             |
| Month 2  | $7212940.37              | $-124955729.54                             |
| Month 3  | $-19194455.35            | $56439227.38                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Analog Devices Inc             | Analog Devices Inc                      | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     19571 | NS      | $3814779.32   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                     | Amdocs Ltd                              | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | US        |    171335 | NS      | $15176854.30  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                      | Jabil Inc                               | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     85727 | NS      | $12564149.12  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc               | EPAM Systems Inc                        | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     93077 | NS      | $14604712.07  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications Internati | Science Applications International Corp | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |    137617 | NS      | $16655785.51  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     43030 | NS      | $18454276.10  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc         | Roper Technologies Inc                  | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      6598 | NS      | $3695407.84   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology Inc           | Amkor Technology Inc                    | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |   1132943 | NS      | $19769855.35  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                   | Dayforce Inc                            | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     66820 | NS      | $3866873.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                | Match Group Inc                         | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    372336 | NS      | $11043485.76  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                      | Qorvo Inc                               | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     53972 | NS      | $3868173.24   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                    | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    501774 | NS      | $22007807.64  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALFOUNDRIES Inc            | GLOBALFOUNDRIES Inc                     | CUSIP: 000000000<br>LEI: 549300BA76VK784VMX48 | Long             | EC               | CORP              | US        |    216693 | NS      | $7599423.51   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                | Astera Labs Inc                         | CUSIP: 04626A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62866 | NS      | $4105778.46   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                      | Avnet Inc                               | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    432223 | NS      | $20310158.77  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc         | CACI International Inc                  | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |     42155 | NS      | $19301509.85  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Treasury Portfolio       | MSILF Treasury Portfolio                | CUSIP: 61747C582<br>LEI: 549300D1XR6GP7EZ0T47 | Long             | STIV             | RF                | US        |   1512163 | NS      | $1512163.49   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                     | Globant SA                              | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |    100836 | NS      | $11855288.52  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                   | Parsons Corp                            | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |    130903 | NS      | $8752174.58   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc      | DoubleVerify Holdings Inc               | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    577104 | NS      | $7652399.04   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                      | Toast Inc                               | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    598879 | NS      | $21308114.82  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                     | NetApp Inc                              | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |    130686 | NS      | $11729068.50  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     70783 | NS      | $7709684.36   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                   | Fortinet Inc                            | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    212244 | NS      | $22022437.44  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp          | ON Semiconductor Corp                   | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    510387 | NS      | $20262363.90  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc            | Paycom Software Inc                     | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     70591 | NS      | $15981096.49  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                    | Dropbox Inc                             | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |    286854 | NS      | $8189681.70   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                 | Cloudflare Inc                          | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |    177396 | NS      | $21425888.88  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                      | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     26610 | NS      | $14608890.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                    | Nutanix Inc                             | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |    293947 | NS      | $20194158.90  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                            | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    112475 | NS      | $21695302.75  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                    | CDW Corp/DE                             | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     48103 | NS      | $7723417.68   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                               | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     34932 | NS      | $7423050.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent Inc                  | Confluent Inc                           | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |    330928 | NS      | $7879395.68   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Systems Inc            | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      6705 | NS      | $3976735.50   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                    | GoDaddy Inc                             | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     86284 | NS      | $16249865.72  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies Inc        | Akamai Technologies Inc                 | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |    193466 | NS      | $15589490.28  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                   | Appfolio Inc                            | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     17527 | NS      | $3619676.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc        | Zoom Communications Inc                 | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |    210664 | NS      | $16334886.56  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                   | VeriSign Inc                            | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     61156 | NS      | $17253330.72  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc          | Dell Technologies Inc                   | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     84784 | NS      | $7779779.84   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MicroStrategy Inc              | MicroStrategy Inc                       | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |     38217 | NS      | $14526663.87  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc               | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    242295 | NS      | $28697419.80  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                   | Teradyne Inc                            | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    141568 | NS      | $10505761.28  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | Twilio Inc                              | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |    158841 | NS      | $15361513.11  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                 | Atlassian Corp                          | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |     54040 | NS      | $12337872.40  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     49640 | NS      | $7882832.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp         | Universal Display Corp                  | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84203 | NS      | $10578422.89  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                           | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     55159 | NS      | $14854870.29  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc         | Dolby Laboratories Inc                  | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |    145047 | NS      | $11138159.13  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc         | Skyworks Solutions Inc                  | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |    317512 | NS      | $20409671.36  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co  | Hewlett Packard Enterprise Co           | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |   1311866 | NS      | $21278466.52  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc            | Onto Innovation Inc                     | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     95027 | NS      | $11590443.19  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                   | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     80288 | NS      | $12100204.48  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |    195985 | NS      | $21981677.60  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Docusign Inc                   | Docusign Inc                            | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |    188576 | NS      | $15416088.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     14429 | NS      | $3877216.59   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                            | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    101884 | NS      | $15125698.64  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                        | KBR Inc                                 | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    234227 | NS      | $12369527.87  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                    | Zscaler Inc                             | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     77552 | NS      | $17539935.84  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                         | HP Inc                                  | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    420837 | NS      | $10760802.09  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                   | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    231288 | NS      | $17797611.60  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                     | Elastic NV                              | CUSIP: 000000000<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | US        |     85360 | NS      | $7358032.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                          | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      4805 | NS      | $4588823.05   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc                      | Five9 Inc                               | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |    143957 | NS      | $3619078.98   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc       | Procore Technologies Inc                | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    115285 | NS      | $7388615.65   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC     | JP MORGAN SECURITIES LLC                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |      3190 | PA      | $3190.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                           | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    236012 | NS      | $18161123.40  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                | Concentrix Corp                         | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |    379743 | NS      | $19389677.58  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                  | Dynatrace Inc                           | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     81505 | NS      | $3828289.85   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab Inc                     | Gitlab Inc                              | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |     81813 | NS      | $3818212.71   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc            | Leidos Holdings Inc                     | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |    115540 | NS      | $17005177.20  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc         | Tyler Technologies Inc                  | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     20008 | NS      | $10870346.40  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                | Gen Digital Inc                         | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |    145786 | NS      | $3771483.82   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     10201 | NS      | $4032047.26   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                  | Coherent Corp                           | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     61197 | NS      | $3936191.04   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                            | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     46266 | NS      | $8904817.02   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co              | DXC Technology Co                       | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |   1183250 | NS      | $18364040.00  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                    | Workday Inc                             | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     33243 | NS      | $8144535.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral Inc                | RingCentral Inc                         | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    153720 | NS      | $3919860.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                  | Maplebear Inc                           | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290775 | NS      | $11599014.75  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc         | Guidewire Software Inc                  | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    107670 | NS      | $22047585.90  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                            | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     14733 | NS      | $4040525.25   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc | SS&C Technologies Holdings Inc          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    140903 | NS      | $10652266.80  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarivate PLC                  | Clarivate PLC                           | CUSIP: 000000000<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | GB        |    994476 | NS      | $4286191.56   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                  | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |     68268 | NS      | $12761337.24  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                         | F5 Inc                                  | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     29029 | NS      | $7685137.46   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                | Pegasystems Inc                         | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     55242 | NS      | $5086683.36   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                  | Snowflake Inc                           | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     78206 | NS      | $12473074.94  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc           | Kyndryl Holdings Inc                    | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    121256 | NS      | $3931119.52   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc               | Cirrus Logic Inc                        | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |    156199 | NS      | $15001351.96  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                  | Pinterest Inc                           | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    377257 | NS      | $9552147.24   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                    | HubSpot Inc                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     13395 | NS      | $8191042.50   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions | Cognizant Technology Solutions Corp     | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    268378 | NS      | $19744569.46  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                              | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     12701 | NS      | $7969496.47   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     43804 | NS      | $7010830.20   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc          | Arrow Electronics Inc                   | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |    151068 | NS      | $16822932.48  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                 | TD SYNNEX Corp                          | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |    197570 | NS      | $21890756.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |    333665 | NS      | $10630566.90  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     11425 | NS      | $8028233.25   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    107054 | NS      | $7672560.18   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-24

**Name of Applicant:** First Trust Exchange-Traded AlphaDEX Fund

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

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