# EDGAR Filing Document

**Accession Number:** 0001898303
**File Stem:** 0001104659-25-082301
**Filing Date:** 2025-8
**Character Count:** 17881
**Document Hash:** eee4abaf28f4cddc22443df939b40a63
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-082301.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001104659-25-082301

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**EFFECTIVENESS DATE**: 20250825

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** First Trust Real Assets Fund
- **CENTRAL INDEX KEY:** 0001898303

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23763
- **FILM NUMBER:** 251249026

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2270

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001898303

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** First Trust Real Assets Fund

**Address:** 235 West Galena Street, Milwaukee, WI 53212

**Telephone number:** 414-299-2270

**Name of agent for service:** Ann Maurer

**Agent Address:** C/O UMB Fund Services, Milwaukee, WI 53212

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-23763

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 549300V1K6P4FHAJDN92

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                          | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                          | VOTE CATEGORY        |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| RREEF Property Trust Inc.               | 74972X304 | 05/13/2025     | Election of Director W. Todd Henderson                                                                                                                                    | DIRECTOR ELECTIONS   |          55985 |                0 | FOR         |                                    55985 | FOR                         |  |
| RREEF Property Trust Inc.               | 74972X304 | 05/13/2025     | Election of Director Anne-Marie Vandenberg                                                                                                                                | DIRECTOR ELECTIONS   |          55985 |                0 | FOR         |                                    55985 | FOR                         |  |
| RREEF Property Trust Inc.               | 74972X304 | 05/13/2025     | Election of Director Deborah H. McAneny                                                                                                                                   | DIRECTOR ELECTIONS   |          55985 |                0 | FOR         |                                    55985 | FOR                         |  |
| RREEF Property Trust Inc.               | 74972X304 | 05/13/2025     | Election of Director Gregg A. Gonsalves                                                                                                                                   | DIRECTOR ELECTIONS   |          55985 |                0 | FOR         |                                    55985 | FOR                         |  |
| RREEF Property Trust Inc.               | 74972X304 | 05/13/2025     | Election of Director Charles H. Wurtzebach, Ph.D.                                                                                                                         | DIRECTOR ELECTIONS   |          55985 |                0 | FOR         |                                    55985 | FOR                         |  |
| RREEF Property Trust Inc.               | 74972X304 | 05/13/2025     | The ratification of the selection of KPMG LLP as RREEF Property Trust, Inc.'s independent registered public accounting firm for the fiscal year ending December 31, 2025. | AUDIT-RELATED        |          55985 |                0 | FOR         |                                    55985 | FOR                         |  |
| BAILARD REAL ESTATE LP                  |  | 06/23/2025     | To elect six persons as Directors to serve until the next Annual Meeting and until their successors are elected and qualified.                                            | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| BAILARD REAL ESTATE LP                  |  | 06/23/2025     | To consider and act upon any other matter which may properly come before the meeting or any ajournments or postponements thereof.                                         | CORPORATE GOVERNANCE |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Barry S. Sternlicht                                                                                                                                 | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Sean Harris                                                                                                                                         | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: John P. McCarthy, Jr.                                                                                                                               | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Mark Deason                                                                                                                                         | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Austin Nowlin                                                                                                                                       | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Richard D. Bronson                                                                                                                                  | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: David B. Henry                                                                                                                                      | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Robin Josephs                                                                                                                                       | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Peggy Lamb                                                                                                                                          | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: Dale Anne Reiss                                                                                                                                     | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | Election of Director: James E. Walker                                                                                                                                     | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Starwood Real Estate Income Trust, Inc. | 85570X405 | 08/13/2024     | The ratification of the appointment of Deloitte  Touche LLP as our independent registered public accounting firm for the year ending December 31, 2024.                   | AUDIT-RELATED        |              0 |                0 |  |                                        0 | NONE                        |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: Lynn C. Thurber                                                                                                                                     | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: R. Martel Day                                                                                                                                       | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: Tamara D. Fischer                                                                                                                                   | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: Bradley J. Gries                                                                                                                                    | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: Lisa L.Kaufman                                                                                                                                      | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: Douglas A. Lindgren                                                                                                                                 | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: William E. Sullivan                                                                                                                                 | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: C. Allan Swaringen                                                                                                                                  | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | Election of Director: Robin M. Zeigler                                                                                                                                    | DIRECTOR ELECTIONS   |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| JLL Income Property Trust, Inc.         | 48021R401 | 06/13/2024     | The ratification of the appointment of KPMG LLP ("KPMG") as our independent registered public accounting firm for the year ending December 31, 2025.                      | AUDIT-RELATED        |          45744 |                0 | FOR         |                                    45744 | FOR                         |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: R. Scott Dennis                                                                                                                                     | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: James H. Forson                                                                                                                                     | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: R. David Kelly                                                                                                                                      | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: Paul S. Michaels                                                                                                                                    | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: Ray Nixon                                                                                                                                           | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: Paul E. Rowsey                                                                                                                                      | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | Election of Director: Beth A. Zayicek                                                                                                                                     | DIRECTOR ELECTIONS   |              0 |                0 |  |                                        0 | NONE                        |  |
| Invesco Real Estate Income Trust Inc.   |  | 11/07/2024     | The ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm.                                                   | AUDIT-RELATED        |              0 |                0 |  |                                        0 | NONE                        |  |

## N-PX: Signature Block

**Reporting Person:** First Trust Real Assets Fund

**By (Signature):** /s/ Michael D. Peck

**By (Printed Signature):** /s/ Michael D. Peck

**By (Title):** President

**Date:** 08/25/2025