# EDGAR Filing Document

**Accession Number:** 0001392994
**File Stem:** 0001752724-23-010000
**Filing Date:** 2023-1
**Character Count:** 15029
**Document Hash:** aefd3c413e336d6713735d7ce4a40786
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-010000.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001752724-23-010000

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**PERIOD START**: 20221130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0001392994
- **IRS NUMBER:** 061810845
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22039
- **FILM NUMBER:** 23548954

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST TRUST/GALLATIN SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 20070320

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST TRUST/GALLATIN SPECIALTY FINANCE FUND
- **DATE OF NAME CHANGE:** 20070313

## 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 Specialty Finance & Financial Opportunities Fund

- **b. Investment Company Act file number:** 811-22039

- **c. CIK number of Registrant:** 0001392994

- **d. LEI of Registrant:** 549300EQ34T51CUS5O36

- **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 Specialty Finance & Financial Opportunities Fund

- **c. LEI of Series:** 549300EQ34T51CUS5O36

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

- **a. Date of fiscal year-end:** 2022-11-30

- **b. Date as of which information is reported:** 2022-11-30

**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:** $63557105.04

**Total Liabilities:** $9953301.11

**Net Assets:** $53603803.93

**Cash Not Reported:** $1242222.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -18.98%              | 13.64%               | 10.03%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-10165094.05                              |
| Month 2  | $0.00                    | $5309761.57                                |
| Month 3  | $-70561.31               | $2791225.25                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Mountain Finance Corp                                           | New Mountain Finance Corp                                           | CUSIP: 647551100<br>LEI: 549300L1MPTT1H7SES77 | Long             | EC               | CORP              | US        |    328000 | NS      | $4188560.00   | 7.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sixth Street Specialty Lending                                      | Sixth Street Specialty Lending Inc                                  | CUSIP: 83012A109<br>LEI: 549300TX61566GJWCN05 | Long             | EC               | CORP              | US        |    147000 | NS      | $2769480.00   | 5.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs BDC Inc                                               | Goldman Sachs BDC Inc                                               | CUSIP: 38147U107<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | EC               | CORP              | US        |    135000 | NS      | $2091150.00   | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Southwest Corp                                              | Capital Southwest Corp                                              | CUSIP: 140501107<br>LEI: 54930023YZ4YEJEDBO56 | Long             | EC               | CORP              | US        |     71000 | NS      | $1287940.00   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund | PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund | CUSIP: 72201R882<br>LEI: 6LH9877XNH3K5SHPAI89 | Long             | EC               | RF                | US        |      5000 | NS      | $455800.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PhenixFIN Corp                                                      | PhenixFIN Corp                                                      | CUSIP: 71742W103<br>LEI: 549300JJH1QEB0RKNO53 | Long             | EC               | CORP              | US        |     14551 | NS      | $498371.75    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| SLR Investment Corp                                                 | SLR Investment Corp                                                 | CUSIP: 83413U100<br>LEI: BJOT6DX9ML6BR3Z0O636 | Long             | EC               | CORP              | US        |    161000 | NS      | $2379580.00   | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management Inc                                       | Annaly Capital Management Inc                                       | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |     41250 | NS      | $893887.50    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                                                | AGNC Investment Corp                                                | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |    110000 | NS      | $1098900.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Capital BDC Inc                                            | Crescent Capital BDC Inc                                            | CUSIP: 225655109<br>LEI: 549300VPIZMU6OEE0V68 | Long             | EC               | CORP              | US        |     26000 | NS      | $363480.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellus Capital Investment Cor                                      | Stellus Capital Investment Corp                                     | CUSIP: 858568108<br>LEI: 5493001DZV6QC1KUSC43 | Long             | EC               | CORP              | US        |    197000 | NS      | $2677230.00   | 4.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc                                            | Prudential Financial Inc                                            | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     11000 | NS      | $1188330.00   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Secured Lending Fun                                      | Blackstone Secured Lending Fund                                     | CUSIP: 09261X102<br>LEI: 549300KM7KWQHVBNH962 | Long             | EC               | CORP              | US        |     89500 | NS      | $2142630.00   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FS KKR Capital Corp                                                 | FS KKR Capital Corp                                                 | CUSIP: 302635206<br>LEI: 549300TYRSI1T21B1360 | Long             | EC               | CORP              | US        |     38500 | NS      | $764610.00    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings BDC Inc                                                     | Barings BDC Inc                                                     | CUSIP: 06759L103<br>LEI: 549300GSF4KFZP6ONG49 | Long             | EC               | CORP              | US        |    390000 | NS      | $3584100.00   | 6.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Main Street Capital Corp                                            | Main Street Capital Corp                                            | CUSIP: 56035L104<br>LEI: 5493001FS9QJLJNF3E20 | Long             | EC               | CORP              | US        |    111000 | NS      | $4244640.00   | 7.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                                              | Berkshire Hathaway Inc                                              | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      4500 | NS      | $1433700.00   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Hercules Capital Inc                                                | Hercules Capital Inc                                                | CUSIP: 427096508<br>LEI: 549300UJ5OC256GR2B73 | Long             | EC               | CORP              | US        |    340000 | NS      | $4814400.00   | 8.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp                                                   | Ares Capital Corp                                                   | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | CORP              | US        |    250000 | NS      | $4912500.00   | 9.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock TCP Capital Corp                                          | BlackRock TCP Capital Corp                                          | CUSIP: 09259E108<br>LEI: 549300JU1XG1HF56J989 | Long             | EC               | CORP              | US        |    332000 | NS      | $4408960.00   | 8.23%             |  |  |  | No            |                  1 | On Loan: No      |
| First Eagle Alternative Capita                                      | First Eagle Alternative Capital BDC Inc                             | CUSIP: 26943B100<br>LEI: ZPFGW6VV73M9CW4FN909 | Long             | EC               | CORP              | US        |     75000 | NS      | $331500.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Capital Inc                                                 | Trinity Capital Inc                                                 | CUSIP: 896442308<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EC               | CORP              | US        |     78000 | NS      | $847860.00    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TriplePoint Venture Growth BDC                                      | TriplePoint Venture Growth BDC Corp                                 | CUSIP: 89677Y100<br>LEI: 549300ATPBY6JIFH9Z88 | Long             | EC               | CORP              | US        |    105000 | NS      | $1358700.00   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Portman Ridge Finance Corp                                          | Portman Ridge Finance Corp                                          | CUSIP: 73688F201<br>LEI: 254900YM5BVQKA01I468 | Long             | EC               | CORP              | US        |     44000 | NS      | $977240.00    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| OFS Capital Corp                                                    | OFS Capital Corp                                                    | CUSIP: 67103B100<br>LEI: 549300XTK3HSWPDBJD13 | Long             | EC               | CORP              | US        |    268000 | NS      | $2789880.00   | 5.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Owl Rock Capital Corp                                               | Owl Rock Capital Corp                                               | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               | CORP              | US        |    150000 | NS      | $1936500.00   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corp                                                         | Markel Corp                                                         | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       150 | NS      | $198726.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Golub Capital BDC Inc                                               | Golub Capital BDC Inc                                               | CUSIP: 38173M102<br>LEI: 2549005WE0QLGK9APF78 | Long             | EC               | CORP              | US        |    250000 | NS      | $3500000.00   | 6.53%             |  |  |  | No            |                  1 | On Loan: No      |
| PennantPark Investment Corp                                         | PennantPark Investment Corp                                         | CUSIP: 708062104<br>LEI: 529900OK432R4C6NQQ73 | Long             | EC               | CORP              | US        |    656000 | NS      | $4067200.00   | 7.59%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

**Name of Applicant:** First Trust Specialty Finance & Financial Opportunities Fund

**Signature:** Donald P. Swade

**Name of Signer:** Donald P. Swade

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