# EDGAR Filing Document

**Accession Number:** 0001424212
**File Stem:** 0000940400-25-002885
**Filing Date:** 2025-9
**Character Count:** 109857
**Document Hash:** edfbf916caf2eb7cdfc64dc73060cbbc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002885.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002885

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND III
- **CENTRAL INDEX KEY:** 0001424212

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22245
- **FILM NUMBER:** 251349001

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange-Traded Fund III
- **DATE OF NAME CHANGE:** 20160419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange Traded Fund III
- **DATE OF NAME CHANGE:** 20080116

## Series and Classes Contracts Data

### First Trust RiverFront Dynamic Emerging Markets ETF (Series ID: S000052737)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000165609 | First Trust RiverFront Dynamic Emerging Markets ETF | RFEM            |

## Nport-Ex

**First Trust RiverFront Dynamic Developed International ETF (RFDI)**

**Portfolio of Investments**

**July 31, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) — 99.1%** | **COMMON STOCKS (a) (b) — 99.1%** | **COMMON STOCKS (a) (b) — 99.1%** |
|  | **Australia — 8.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 176793 | APA Group (AUD) (c) | $950859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39490 | BHP Group Ltd. (AUD) (c) | 997327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46125 | Coles Group Ltd. (AUD) (c) | 614106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48010 | Fortescue Ltd. (AUD) (c) | 543197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108520 | &nbsp;&nbsp;&nbsp; Harvey Norman Holdings Ltd. <br> (AUD) (c) | 402374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12408 | JB Hi-Fi Ltd. (AUD) (c) | 883721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141210 | Medibank Pvt Ltd. (AUD) (c) | 461531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158999 | Metcash Ltd. (AUD) (c) | 396941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8384 | Rio Tinto Ltd. (AUD) (c) | 596252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156652 | Stockland (AUD) (c) | 555375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84664 | &nbsp;&nbsp;&nbsp; Super Retail Group Ltd. <br> (AUD) (c) | 828143 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 307326 | &nbsp;&nbsp;&nbsp; Ventia Services Group Pty Ltd. <br> (AUD) (c) | 1023329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 287071 | Vicinity Ltd. (AUD) (c) | 451992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20493 | Wesfarmers Ltd. (AUD) (c) | 1120956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10622 | &nbsp;&nbsp;&nbsp; Woodside Energy Group Ltd. <br> (AUD) (c) | 179749 |
|  |  | 10005852 |
|  | **Austria — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11456 | Wienerberger AG (EUR) (c) | 384033 |
|  | **Belgium — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28636 | Proximus SADP (EUR) (c) | 237929 |
|  | **Bermuda — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15088 | &nbsp;&nbsp;&nbsp; Orient Overseas International <br> Ltd. (HKD) (c) | 271468 |
|  | **Canada — 2.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23420 | ARC Resources Ltd. (CAD) | 457211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74274 | B2Gold Corp. (CAD) | 249796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31358 | &nbsp;&nbsp;&nbsp; Canadian Natural Resources Ltd. <br> (CAD) | 992611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1074 | George Weston Ltd. (CAD) | 204080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18177 | Pembina Pipeline Corp. (CAD) | 675603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14598 | Suncor Energy, Inc. (CAD) | 575765 |
|  |  | 3155066 |
|  | **Cayman Islands — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121301 | &nbsp;&nbsp;&nbsp; CK Hutchison Holdings Ltd. <br> (HKD) (c) | 789549 |
|  | **Denmark — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230 | &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S, <br> Class A (DKK) (c) | 451299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230 | &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S, <br> Class B (DKK) (c) | 454195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13208 | &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Class B <br> (DKK) (c) | 614278 |
|  |  | 1519772 |
|  | **Finland — 2.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5410 | Elisa Oyj (EUR) (c) | 278359 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Finland (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100411 | Nordea Bank Abp (EUR) (c) | $1465177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10512 | Orion Oyj, Class B (EUR) (c) | 841579 |
|  |  | 2585115 |
|  | **France — 8.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26789 | AXA S.A. (EUR) (c) | 1301121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22089 | BNP Paribas S.A. (EUR) (c) | 2014038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1640 | Christian Dior SE (EUR) (c) | 838508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52764 | Credit Agricole S.A. (EUR) (c) | 971097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10908 | FDJ UNITED (EUR) (c) | 340241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 428 | &nbsp;&nbsp;&nbsp; Hermes International S.C.A. <br> (EUR) (c) | 1046670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1221 | &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis <br> Vuitton SE (EUR) (c) | 655448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2374 | Sanofi S.A. (EUR) (c) | 213116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29784 | TotalEnergies SE (EUR) (c) | 1771122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8397 | Vinci S.A. (EUR) (c) | 1166419 |
|  |  | 10317780 |
|  | **Germany — 6.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5138 | Allianz SE (EUR) (c) | 2030426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13383 | Bayer AG (EUR) (c) | 416235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7325 | &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG <br> (EUR) (c) | 696985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54080 | Deutsche Bank AG (EUR) (c) | 1781209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18465 | DHL Group (EUR) (c) | 827339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20884 | &nbsp;&nbsp;&nbsp; Fresenius SE & Co. KGaA <br> (EUR) (c) | 996809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1460 | &nbsp;&nbsp;&nbsp; Hapag-Lloyd AG <br> (EUR) (c) (d) (e) | 210740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13242 | &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG <br> (EUR) (c) | 749766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1537 | SAP SE (EUR) (c) | 439514 |
|  |  | 8149023 |
|  | **Greece — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24462 | &nbsp;&nbsp;&nbsp; Eurobank Ergasias Services and <br> Holdings S.A. (EUR) (c) | 89785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52153 | &nbsp;&nbsp;&nbsp; Hellenic Telecommunications <br> Organization S.A. (EUR) | 946321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21989 | OPAP S.A. (EUR) (c) | 492482 |
|  |  | 1528588 |
|  | **Israel — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9080 | &nbsp;&nbsp;&nbsp; First International Bank Of Israel <br> (The) Ltd. (ILS) (c) | 630675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65381 | ICL Group Ltd. (ILS) (c) | 407318 |
|  |  | 1037993 |
|  | **Italy — 5.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20442 | ACEA S.p.A (EUR) (c) | 453655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16656 | &nbsp;&nbsp;&nbsp; Azimut Holding S.p.A. <br> (EUR) (c) | 566180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41887 | &nbsp;&nbsp;&nbsp; Banca Mediolanum S.p.A. <br> (EUR) (c) | 738837 |

---

------

**First Trust RiverFront Dynamic Developed International ETF (RFDI)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Italy (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81398 | &nbsp;&nbsp;&nbsp; Banca Popolare di Sondrio <br> S.p.A. (EUR) (c) | $1114595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48696 | Eni S.p.A. (EUR) (c) | 831112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73895 | &nbsp;&nbsp;&nbsp; Pirelli & C S.p.A. <br> (EUR) (c) (d) (e) | 498154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45555 | &nbsp;&nbsp;&nbsp; Poste Italiane S.p.A. <br> (EUR) (c) (d) (e) | 984213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66823 | &nbsp;&nbsp;&nbsp; Unipol Assicurazioni S.p.A. <br> (EUR) (c) | 1340318 |
|  |  | 6527064 |
|  | **Japan — 20.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26100 | Advantest Corp. (JPY) (c) | 1735628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23200 | &nbsp;&nbsp;&nbsp; Bandai Namco Holdings, Inc. <br> (JPY) (c) | 750217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22200 | &nbsp;&nbsp;&nbsp; Chugai Pharmaceutical Co., Ltd. <br> (JPY) (c) | 1064200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3400 | Disco Corp. (JPY) (c) | 1004791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3300 | Fast Retailing Co., Ltd. (JPY) (c) | 1006598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85100 | Honda Motor Co., Ltd. (JPY) (c) | 881032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6700 | Hoya Corp. (JPY) (c) | 845291 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23200 | ITOCHU Corp. (JPY) (c) | 1216901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 582 | &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Invest <br> (JPY) (c) | 423302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33100 | Japan Tobacco, Inc. (JPY) (c) | 945324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46400 | KDDI Corp. (JPY) (c) | 761499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13100 | Mitsui OSK Lines Ltd. (JPY) (c) | 440321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46900 | &nbsp;&nbsp;&nbsp; Mizuho Financial Group, Inc. <br> (JPY) (c) | 1375655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56000 | &nbsp;&nbsp;&nbsp; MS&AD Insurance Group <br> Holdings, Inc. (JPY) (c) | 1196500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13150 | Nintendo Co., Ltd. (JPY) (c) | 1099063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22900 | Nippon Yusen KK (JPY) (c) | 803098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13100 | Niterra Co., Ltd. (JPY) (c) | 451606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561200 | NTT, Inc. (JPY) (c) | 566734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16500 | Obic Co., Ltd. (JPY) (c) | 587443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3300 | Oracle Corp. Japan (JPY) (c) | 356877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39300 | ORIX Corp. (JPY) (c) | 882798 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25600 | &nbsp;&nbsp;&nbsp; Recruit Holdings Co., Ltd. <br> (JPY) (c) | 1518878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6700 | &nbsp;&nbsp;&nbsp; SCREEN Holdings Co., Ltd. <br> (JPY) (c) | 522666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16500 | &nbsp;&nbsp;&nbsp; Sega Sammy Holdings, Inc. <br> (JPY) (c) | 337297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26600 | Sekisui House Ltd. (JPY) (c) | 557983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30800 | Shionogi & Co., Ltd. (JPY) (c) | 515109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 334000 | SoftBank Corp. (JPY) (c) | 482576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23400 | &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co., Ltd. <br> (JPY) (c) | 642793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20000 | Tokyo Gas Co., Ltd. (JPY) (c) | 669772 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Japan (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33300 | USS Co., Ltd. (JPY) (c) | $361934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40000 | ZOZO, Inc. (JPY) (c) | 395975 |
|  |  | 24399861 |
|  | **Jersey — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138127 | Man Group PLC (GBP) (c) | 299978 |
|  | **Luxembourg — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102647 | &nbsp;&nbsp;&nbsp; B&M European Value Retail <br> S.A. (GBP) (c) | 303413 |
|  | **Netherlands — 2.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2009 | ASML Holding N.V. (EUR) (c) | 1392386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1690 | Ferrari N.V. (EUR) (c) | 741078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149426 | &nbsp;&nbsp;&nbsp; Koninklijke KPN N.V. <br> (EUR) (c) | 667562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78344 | Stellantis N.V. (EUR) (c) | 691395 |
|  |  | 3492421 |
|  | **New Zealand — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131915 | &nbsp;&nbsp;&nbsp; Spark New Zealand Ltd. <br> (NZD) (c) | 188623 |
|  | **Norway — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25661 | Equinor ASA (NOK) (c) | 659169 |
|  | **Portugal — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74137 | &nbsp;&nbsp;&nbsp; Navigator (The) Co., S.A. <br> (EUR) (c) | 261842 |
|  | **Singapore — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45908 | Hafnia Ltd. (NOK) (c) | 252292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167700 | Keppel DC REIT (SGD) (c) | 305184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218300 | &nbsp;&nbsp;&nbsp; Singapore Airlines Ltd. <br> (SGD) (c) | 1140217 |
|  |  | 1697693 |
|  | **Spain — 2.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103827 | &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya <br> Argentaria S.A. (EUR) (c) | 1731656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29541 | Endesa S.A. (EUR) | 854604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13800 | Logista Integral S.A. (EUR) (c) | 436778 |
|  |  | 3023038 |
|  | **Switzerland — 8.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26594 | ABB Ltd. (CHF) (c) | 1736538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27287 | EFG International AG (CHF) (c) | 540847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2183 | &nbsp;&nbsp;&nbsp; Kuehne + Nagel International <br> AG (CHF) (c) | 445068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11597 | Nestle S.A. (CHF) (c) | 1013312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20007 | Novartis AG (CHF) (c) | 2278539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1168 | Roche Holding AG (CHF) (c) | 364501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1646 | Roche Holding AG (CHF) (c) | 547024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4006 | Sandoz Group AG (CHF) (c) | 229099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6937 | SGS S.A. (CHF) (c) | 704892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56680 | UBS Group AG (CHF) (c) | 2106457 |
|  |  | 9966277 |

---

------

**First Trust RiverFront Dynamic Developed International ETF (RFDI)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **United Kingdom — 23.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29291 | 3i Group PLC (GBP) (c) | $1600530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4708 | AstraZeneca PLC (GBP) (c) | 686861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415550 | Barclays PLC (GBP) (c) | 2031224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71649 | Barratt Redrow PLC (GBP) (c) | 352833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19077 | &nbsp;&nbsp;&nbsp; Big Yellow Group PLC <br> (GBP) (c) | 235213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30818 | BP PLC, ADR | 990799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 293690 | BP PLC (GBP) (c) | 1574268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26634 | &nbsp;&nbsp;&nbsp; British American Tobacco PLC <br> (GBP) (c) | 1426985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142685 | BT Group PLC (GBP) (c) | 389680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 541289 | Centrica PLC (GBP) (c) | 1176634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74354 | Evraz PLC (GBP) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2116 | GSK PLC (GBP) (c) | 38922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 245181 | HSBC Holdings PLC (GBP) (c) | 2987045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43337 | &nbsp;&nbsp;&nbsp; IG Group Holdings PLC <br> (GBP) (c) | 645326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30650 | Imperial Brands PLC (GBP) (c) | 1194723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24715 | Inchcape PLC (GBP) (c) | 228735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46793 | Investec PLC (GBP) (c) | 346123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94593 | J Sainsbury PLC (GBP) (c) | 378241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24138 | Mondi PLC (GBP) (c) | 326304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61525 | National Grid PLC (GBP) (c) | 864558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 222127 | NatWest Group PLC (GBP) (c) | 1541919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130537 | OSB Group PLC (GBP) (c) | 954848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24678 | &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group PLC <br> (GBP) (c) | 1849519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16877 | Rio Tinto PLC (GBP) (c) | 1005188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83054 | &nbsp;&nbsp;&nbsp; Safestore Holdings PLC <br> (GBP) (c) | 736476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71282 | Shell PLC (GBP) (c) | 2561395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 276914 | Taylor Wimpey PLC (GBP) (c) | 372585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25562 | Unilever PLC (GBP) (c) | 1483125 |
|  |  | 27980059 |
|  | **Total Common Stocks** | 118781606 |
|  | (Cost $94,748,355) |  |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4332 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - 4.20% (i) | 4332 |
|  | (Cost $4,332) |  |
|  | **Total Investments — 99.1%** | 118785938 |
|  | (Cost $94,752,687) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.9%** | 1059757 |
|  | **Net Assets — 100.0%** | $119845695 |

---

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

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Portfolio securities are categorized based upon their country of incorporation. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At July 31, 2025, securities noted as such are valued at $112,834,816 or 94.2% of net assets. Certain of these securities are fair valued using a factor provided by a third-party pricing service due to the change in value between the foreign markets' close and the New York Stock Exchange close exceeding a certain threshold. On days when this threshold is not exceeded, these securities are typically valued at the last sale price on the exchange on which they are principally traded.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

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

&nbsp;&nbsp;&nbsp;&nbsp;(h) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(i) Rate shown reflects yield as of July 31, 2025.

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

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| ADR | – American Depositary Receipt |
| AUD | – Australian Dollar |
| CAD | – Canadian Dollar |
| CHF | – Swiss Franc |
| DKK | – Danish Krone |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| ILS | – Israeli Shekel |
| JPY | – Japanese Yen |
| NOK | – Norwegian Krone |
| NZD | – New Zealand Dollar |
| SGD | – Singapore Dollar |
| USD | – United States Dollar |

---

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

------

**First Trust RiverFront Dynamic Developed International ETF (RFDI)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Sector Allocation** | **% of Total** <br>**Investments**<br>|
| Financials | &nbsp;&nbsp; 28.4% |
| Consumer Discretionary | &nbsp;&nbsp; 13.4 |
| Industrials | &nbsp;&nbsp; 11.5 |
| Energy | &nbsp;&nbsp;&nbsp; 9.7 |
| Health Care | &nbsp;&nbsp;&nbsp; 8.7 |
| Consumer Staples | &nbsp;&nbsp;&nbsp; 8.0 |
| Information Technology | &nbsp;&nbsp;&nbsp; 5.1 |
| Communication Services | &nbsp;&nbsp;&nbsp; 4.7 |
| Utilities | &nbsp;&nbsp;&nbsp; 4.2 |
| All Other | &nbsp;&nbsp;&nbsp; 6.3 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| EUR | &nbsp;&nbsp; 30.7% |
| GBP | &nbsp;&nbsp; 23.2 |
| JPY | &nbsp;&nbsp; 20.5 |
| AUD | &nbsp;&nbsp;&nbsp; 8.4 |
| CHF | &nbsp;&nbsp;&nbsp; 8.4 |
| CAD | &nbsp;&nbsp;&nbsp; 2.7 |
| DKK | &nbsp;&nbsp;&nbsp; 1.3 |
| SGD | &nbsp;&nbsp;&nbsp; 1.2 |
| HKD | &nbsp;&nbsp;&nbsp; 0.9 |
| ILS | &nbsp;&nbsp;&nbsp; 0.9 |
| USD | &nbsp;&nbsp;&nbsp; 0.8 |
| NOK | &nbsp;&nbsp;&nbsp; 0.8 |
| NZD | &nbsp;&nbsp;&nbsp; 0.2 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of July 31, 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>**7/31/2025**<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: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Canada | $3155066 | $3155066 | $— | $— |
| &nbsp;&nbsp;&nbsp; Greece | &nbsp;&nbsp; 1528588 | &nbsp;&nbsp; 946321 | &nbsp;&nbsp; 582267 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp; 3023038 | &nbsp;&nbsp; 854604 | &nbsp;&nbsp; 2168434 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; 27980059 | &nbsp;&nbsp; 990799 | &nbsp;&nbsp; 26989260 | &nbsp;&nbsp; —\*\* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Country <br> Categories\*<br>| &nbsp;&nbsp; 83094855 | &nbsp;&nbsp; — | &nbsp;&nbsp; 83094855 | &nbsp;&nbsp; — |
| Money Market Funds | &nbsp;&nbsp; 4332 | &nbsp;&nbsp; 4332 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $118785938 | $5951122 | $112834816 | $—\*\* |

---

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

\* See Portfolio of Investments for country breakout.

\*\* Investments are valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**First Trust RiverFront Dynamic Europe ETF (RFEU)**

**Portfolio of Investments**

**July 31, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) — 99.8%** | **COMMON STOCKS (a) (b) — 99.8%** | **COMMON STOCKS (a) (b) — 99.8%** |
|  | **Austria — 0.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2161 | &nbsp;&nbsp;&nbsp; Raiffeisen Bank International <br> AG (EUR) (c) | $62398 |
|  | **Bermuda — 2.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2797 | Hiscox Ltd. (GBP) (c) | 47620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3007 | Stolt-Nielsen Ltd. (NOK) (c) | 87992 |
|  |  | 135612 |
|  | **Denmark — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S, <br> Class A (DKK) (c) | 47092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S, <br> Class B (DKK) (c) | 47394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 730 | &nbsp;&nbsp;&nbsp; Novo Nordisk A/S, Class B <br> (DKK) (c) | 33951 |
|  |  | 128437 |
|  | **Finland — 3.5%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35922 | Nokia Oyj (EUR) (c) | 146395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 827 | Orion Oyj, Class B (EUR) (c) | 66208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1027 | TietoEVRY Oyj (EUR) (c) | 17679 |
|  |  | 230282 |
|  | **France — 11.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 548 | Amundi S.A. (EUR) (c) (d) (e) | 40497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3147 | Bouygues S.A. (EUR) (c) | 129583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2454 | Carrefour S.A. (EUR) (c) | 35168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49 | Christian Dior SE (EUR) (c) | 25053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220 | &nbsp;&nbsp;&nbsp; Cie de Saint-Gobain S.A. <br> (EUR) (c) | 25238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 860 | FDJ UNITED (EUR) (c) | 26825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220 | &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis <br> Vuitton SE (EUR) (c) | 118099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1452 | Rexel S.A. (EUR) (c) | 43886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259 | Sanofi S.A. (EUR) (c) | 23251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1429 | Sodexo S.A. (EUR) (c) | 84988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2263 | TotalEnergies SE (EUR) (c) | 134570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 691 | Vinci S.A. (EUR) (c) | 95986 |
|  |  | 783144 |
|  | **Germany — 8.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 439 | Allianz SE (EUR) (c) | 173483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 529 | Brenntag SE (EUR) (c) | 32819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1594 | DHL Group (EUR) (c) | 71420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1690 | &nbsp;&nbsp;&nbsp; Fresenius SE & Co. KGaA <br> (EUR) (c) | 80665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2208 | &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG <br> (EUR) (c) | 125018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 442 | Nemetschek SE (EUR) (c) | 65855 |
|  |  | 549260 |
|  | **Greece — 2.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4936 | &nbsp;&nbsp;&nbsp; Hellenic Telecommunications <br> Organization S.A. (EUR) | 89564 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Greece (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4222 | &nbsp;&nbsp;&nbsp; National Bank of Greece S.A. <br> (EUR) (c) | $58891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1980 | OPAP S.A. (EUR) (c) | 44346 |
|  |  | 192801 |
|  | **Israel — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 704 | &nbsp;&nbsp;&nbsp; First International Bank Of Israel <br> (The) Ltd. (ILS) (c) | 48898 |
|  | **Italy — 6.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20835 | A2A S.p.A. (EUR) (c) | 50770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp; Azimut Holding S.p.A. <br> (EUR) (c) | 50989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10190 | BPER Banca S.p.A. (EUR) (c) | 100275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11411 | Enel S.p.A. (EUR) (c) | 100626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4764 | Eni S.p.A. (EUR) (c) | 81309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10178 | Hera S.p.A. (EUR) (c) | 43551 |
|  |  | 427520 |
|  | **Jersey — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1832 | Experian PLC (GBP) (c) | 96530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10906 | Man Group PLC (GBP) (c) | 23685 |
|  |  | 120215 |
|  | **Luxembourg — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7037 | &nbsp;&nbsp;&nbsp; B&M European Value Retail <br> S.A. (GBP) (c) | 20800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6943 | Tenaris S.A. (EUR) (c) | 121261 |
|  |  | 142061 |
|  | **Netherlands — 6.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 334 | ASML Holding N.V. (EUR) (c) | 231487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81 | Ferrari N.V. (EUR) (c) | 35519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8975 | Stellantis N.V. (EUR) (c) | 79205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 502 | Wolters Kluwer N.V. (EUR) (c) | 78191 |
|  |  | 424402 |
|  | **Norway — 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2157 | Equinor ASA (NOK) (c) | 55408 |
|  | **Portugal — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2558 | &nbsp;&nbsp;&nbsp; Galp Energia SGPS S.A. <br> (EUR) (c) | 48846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5100 | &nbsp;&nbsp;&nbsp; Navigator (The) Co., S.A. <br> (EUR) (c) | 18012 |
|  |  | 66858 |
|  | **Singapore — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15125 | Hafnia Ltd. (NOK) (c) | 83121 |
|  | **Spain — 5.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2899 | Acerinox S.A. (EUR) (c) | 33453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1510 | &nbsp;&nbsp;&nbsp; Amadeus IT Group S.A. <br> (EUR) (c) | 121244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9581 | &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya <br> Argentaria S.A. (EUR) (c) | 159795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1275 | Logista Integral S.A. (EUR) (c) | 40354 |
|  |  | 354846 |

---

------

**First Trust RiverFront Dynamic Europe ETF (RFEU)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Sweden — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 444 | Evolution AB (SEK) (c) (d) (e) | $39499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1001 | Investor AB, Class A (SEK) (c) | 29040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9910 | &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM <br> Ericsson, Class B (SEK) (c) | 71982 |
|  |  | 140521 |
|  | **Switzerland — 12.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 166 | &nbsp;&nbsp;&nbsp; Kuehne + Nagel International <br> AG (CHF) (c) | 33844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2156 | Nestle S.A. (CHF) (c) | 188385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1748 | Novartis AG (CHF) (c) | 199075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47 | &nbsp;&nbsp;&nbsp; Partners Group Holding AG <br> (CHF) (c) | 63182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 564 | Roche Holding AG (CHF) (c) | 176009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145 | Roche Holding AG (CHF) (c) | 48189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 428 | SGS S.A. (CHF) (c) | 43490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86 | Swisscom AG (CHF) (c) | 59756 |
|  |  | 811930 |
|  | **United Kingdom — 28.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2794 | 3i Group PLC (GBP) (c) | 152671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 504 | AstraZeneca PLC (GBP) (c) | 73530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4923 | &nbsp;&nbsp;&nbsp; Auto Trader Group PLC <br> (GBP) (c) (d) (e) | 54349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10080 | Beazley PLC (GBP) (c) | 118770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5626 | BP PLC (GBP) (c) | 30157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2682 | &nbsp;&nbsp;&nbsp; British American Tobacco PLC <br> (GBP) (c) | 143695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32665 | BT Group PLC (GBP) (c) | 89210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 490 | Diageo PLC (GBP) (c) | 11876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14693 | Drax Group PLC (GBP) (c) | 137226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2092 | Dunelm Group PLC (GBP) (c) | 33559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44089 | Evraz PLC (GBP) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5636 | GSK PLC (GBP) (c) | 103669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7416 | HSBC Holdings PLC (GBP) (c) | 90349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1702 | ICG PLC (GBP) (c) | 48733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10849 | Inchcape PLC (GBP) (c) | 100406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 683 | Intertek Group PLC (GBP) (c) | 44409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5496 | National Grid PLC (GBP) (c) | 77231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335 | Next PLC (GBP) (c) | 54378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6207 | OSB Group PLC (GBP) (c) | 45403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2558 | RELX PLC (GBP) (c) | 132917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4028 | Shell PLC (GBP) (c) | 144739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17570 | Tesco PLC (GBP) (c) | 98716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2507 | Unilever PLC (GBP) (c) | 145458 |
|  |  | 1931451 |
|  | **Total Common Stocks** | 6689165 |
|  | (Cost $6,284,978) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72116 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - 4.20% (i) | $72116 |
|  | (Cost $72,116) |  |
|  | **Total Investments — 100.9%** | 6761281 |
|  | (Cost $6,357,094) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.9)%** | (61511)<br>|
|  | **Net Assets — 100.0%** | $6699770 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Portfolio securities are categorized based upon their country of incorporation. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At July 31, 2025, securities noted as such are valued at $6,599,601 or 98.5% of net assets. Certain of these securities are fair valued using a factor provided by a third-party pricing service due to the change in value between the foreign markets' close and the New York Stock Exchange close exceeding a certain threshold. On days when this threshold is not exceeded, these securities are typically valued at the last sale price on the exchange on which they are principally traded.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

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

&nbsp;&nbsp;&nbsp;&nbsp;(h) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(i) Rate shown reflects yield as of July 31, 2025.

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

------

**First Trust RiverFront Dynamic Europe ETF (RFEU)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| CHF | – Swiss Franc |
| DKK | – Danish Krone |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| ILS | – Israeli Shekel |
| NOK | – Norwegian Krone |
| SEK | – Swedish Krona |
| USD | – United States Dollar |

---

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

---

| | |
|:---|:---|
| **Sector Allocation** | **% of Total** <br>**Investments**<br>|
| Financials | &nbsp;&nbsp; 19.4% |
| Industrials | &nbsp;&nbsp; 15.6 |
| Consumer Discretionary | &nbsp;&nbsp; 13.4 |
| Health Care | &nbsp;&nbsp; 11.9 |
| Energy | &nbsp;&nbsp; 10.3 |
| Consumer Staples | &nbsp;&nbsp;&nbsp; 9.2 |
| Information Technology | &nbsp;&nbsp;&nbsp; 7.9 |
| Utilities | &nbsp;&nbsp;&nbsp; 6.1 |
| Communication Services | &nbsp;&nbsp;&nbsp; 4.3 |
| All Other | &nbsp;&nbsp;&nbsp; 1.9 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| EUR | &nbsp;&nbsp; 47.5% |
| GBP | &nbsp;&nbsp; 31.4 |
| CHF | &nbsp;&nbsp; 12.0 |
| NOK | &nbsp;&nbsp;&nbsp; 3.3 |
| SEK | &nbsp;&nbsp;&nbsp; 2.1 |
| DKK | &nbsp;&nbsp;&nbsp; 1.9 |
| USD | &nbsp;&nbsp;&nbsp; 1.1 |
| ILS | &nbsp;&nbsp;&nbsp; 0.7 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of July 31, 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>**7/31/2025**<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: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Greece | $192801 | $89564 | $103237 | $— |
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp; 1931451 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1931451 | &nbsp;&nbsp; —\*\* |
| &nbsp;&nbsp;&nbsp; Other Country Categories\* | &nbsp;&nbsp; 4564913 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4564913 | &nbsp;&nbsp; — |
| Money Market Funds | &nbsp;&nbsp; 72116 | &nbsp;&nbsp; 72116 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $6761281 | $161680 | $6599601 | $—\*\* |

---

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

\* See Portfolio of Investments for country breakout.

\*\* Investment is valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)**

**Portfolio of Investments**

**July 31, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) — 93.4%** | **COMMON STOCKS (a) (b) — 93.4%** | **COMMON STOCKS (a) (b) — 93.4%** |
|  | **Bermuda — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 211722 | &nbsp;&nbsp;&nbsp; COSCO SHIPPING Ports Ltd. <br> (HKD) (c) | $148262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14114 | &nbsp;&nbsp;&nbsp; Orient Overseas International <br> Ltd. (HKD) (c) | 253943 |
|  |  | 402205 |
|  | **Brazil — 3.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55338 | Banco do Brasil S.A. (BRL) | 194687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41155 | &nbsp;&nbsp;&nbsp; BB Seguridade Participacoes <br> S.A. (BRL) | 247685 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38069 | Fleury S.A. (BRL) | 97560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50925 | &nbsp;&nbsp;&nbsp; Petroleo Brasileiro S.A. - <br> Petrobras (BRL) | 325491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25561 | Suzano S.A. (BRL) | 238056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30920 | Vale S.A. (BRL) | 295199 |
|  |  | 1398678 |
|  | **Cayman Islands — 11.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59621 | &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd. <br> (HKD) (c) | 896389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20110 | &nbsp;&nbsp;&nbsp; ANTA Sports Products Ltd. <br> (HKD) (c) | 230824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91691 | &nbsp;&nbsp;&nbsp; China Medical System Holdings <br> Ltd. (HKD) (c) | 155683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 225394 | Fufeng Group Ltd. (HKD) (c) | 248850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 294555 | &nbsp;&nbsp;&nbsp; Haidilao International Holding <br> Ltd. (HKD) (c) (d) (e) | 522157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10108 | &nbsp;&nbsp;&nbsp; Meituan, Class B <br> (HKD) (c) (d) (e) (f) | 155942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26111 | &nbsp;&nbsp;&nbsp; Tencent Holdings Ltd. <br> (HKD) (c) | 1828090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135814 | &nbsp;&nbsp;&nbsp; Topsports International Holdings <br> Ltd. (HKD) (c) (d) (e) | 54794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81018 | &nbsp;&nbsp;&nbsp; Wisdom Marine Lines Co., Ltd. <br> (TWD) (c) | 157565 |
|  |  | 4250294 |
|  | **Chile — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2347488 | Banco de Chile (CLP) | 323374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1904508 | Enel Chile S.A. (CLP) | 121992 |
|  |  | 445366 |
|  | **China — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1101555 | &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank <br> of China Ltd., Class H <br> (HKD) (c) | 844039 |
|  | **Greece — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80833 | &nbsp;&nbsp;&nbsp; Eurobank Ergasias Services and <br> Holdings S.A. (EUR) (c) | 296687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5247 | &nbsp;&nbsp;&nbsp; Motor Oil Hellas Corinth <br> Refineries S.A. (EUR) (c) | 150313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7793 | OPAP S.A. (EUR) (c) | 174538 |
|  |  | 621538 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Hong Kong — 1.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101139 | &nbsp;&nbsp;&nbsp; China Merchants Port Holdings <br> Co., Ltd. (HKD) | $199186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169850 | &nbsp;&nbsp;&nbsp; China Resources Pharmaceutical <br> Group Ltd. (HKD) (c) (d) (e) | 118610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 243939 | Lenovo Group Ltd. (HKD) (c) | 312791 |
|  |  | 630587 |
|  | **India — 20.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38363 | Bajaj Finance Ltd. (INR) (c) | 383913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100064 | Bank of Baroda (INR) (c) | 270381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114160 | &nbsp;&nbsp;&nbsp; Bharat Petroleum Corp., Ltd. <br> (INR) (c) | 426609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4614 | &nbsp;&nbsp;&nbsp; Britannia Industries Ltd. <br> (INR) (c) | 303579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48593 | &nbsp;&nbsp;&nbsp; CG Power & Industrial Solutions <br> Ltd. (INR) (c) | 364855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8179 | Eicher Motors Ltd. (INR) (c) | 508920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20706 | &nbsp;&nbsp;&nbsp; HCL Technologies Ltd. <br> (INR) (c) | 345171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12200 | &nbsp;&nbsp;&nbsp; Hindustan Unilever Ltd. <br> (INR) (c) | 350379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42699 | ICICI Bank Ltd. (INR) (c) | 719022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16547 | &nbsp;&nbsp;&nbsp; Indian Railway Catering & <br> Tourism Corp., Ltd. (INR) (c) | 136410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1751 | Infosys Ltd. (INR) (c) | 29779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9151 | &nbsp;&nbsp;&nbsp; InterGlobe Aviation Ltd. <br> (INR) (c) (d) (e) (f) | 614109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5531 | ITC Hotels Ltd. (INR) (c) (f) | 14498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55709 | ITC Ltd. (INR) (c) | 261258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23332 | &nbsp;&nbsp;&nbsp; LIC Housing Finance Ltd. <br> (INR) (c) | 155380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1703 | &nbsp;&nbsp;&nbsp; LTIMindtree Ltd. <br> (INR) (c) (d) (e) | 98512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45584 | REC Ltd. (INR) (c) | 204322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11652 | &nbsp;&nbsp;&nbsp; Reliance Industries Ltd. <br> (INR) (c) | 184014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55766 | Shriram Finance Ltd. (INR) (c) | 399401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40662 | State Bank of India (INR) (c) | 368416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20847 | &nbsp;&nbsp;&nbsp; Sun Pharmaceutical Industries <br> Ltd. (INR) (c) | 404850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9572 | &nbsp;&nbsp;&nbsp; Tata Consultancy Services Ltd. <br> (INR) (c) | 330104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7872 | Titan Co., Ltd. (INR) (c) | 299659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41891 | Vedanta Ltd. (INR) (c) | 202307 |
|  |  | 7375848 |
|  | **Indonesia — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 817441 | &nbsp;&nbsp;&nbsp; Alamtri Resources Indonesia <br> Tbk PT (IDR) (c) | 91633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260304 | &nbsp;&nbsp;&nbsp; Indofood Sukses Makmur Tbk <br> PT (IDR) (c) | 134410 |
|  |  | 226043 |

---

------

**First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Israel — 1.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26186 | Bank Hapoalim BM (ILS) (c) | $491068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30804 | ICL Group Ltd. (ILS) (c) | 191906 |
|  |  | 682974 |
|  | **Malaysia — 1.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95500 | &nbsp;&nbsp;&nbsp; Alliance Bank Malaysia Bhd <br> (MYR) (c) | 100360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142800 | IOI Corp. Bhd (MYR) (c) | 126101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48200 | MISC Bhd (MYR) (c) | 84178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 360800 | &nbsp;&nbsp;&nbsp; Sunway Real Estate Investment <br> Trust (MYR) (c) | 189178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99000 | TIME dotCom Bhd (MYR) (c) | 120375 |
|  |  | 620192 |
|  | **Mexico — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34591 | Alsea S.A.B. de C.V. (MXN) (f) | 103672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45626 | &nbsp;&nbsp;&nbsp; Banco del Bajio S.A. <br> (MXN) (d) (e) | 102571 |
|  |  | 206243 |
|  | **Netherlands — 1.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29280 | JBS N.V., BDR (BRL) (f) | 402057 |
|  | **Philippines — 1.6%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73780 | &nbsp;&nbsp;&nbsp; International Container Terminal <br> Services, Inc. (PHP) (c) | 566513 |
|  | **Poland — 2.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6311 | Asseco Poland S.A. (PLN) (c) | 340480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5492 | &nbsp;&nbsp;&nbsp; Bank Handlowy w Warszawie <br> S.A. (PLN) (c) | 160141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16153 | ORLEN S.A. (PLN) (c) | 359703 |
|  |  | 860324 |
|  | **Russia — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59735 | &nbsp;&nbsp;&nbsp; Rosneft Oil Co. PJSC <br> (RUB) (c) (f) (g) (h) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23602 | &nbsp;&nbsp;&nbsp; Severstal PAO <br> (RUB) (c) (f) (g) (h) | 0 |
|  |  | 0 |
|  | **Saudi Arabia — 0.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7391 | &nbsp;&nbsp;&nbsp; SABIC Agri-Nutrients Co. <br> (SAR) (c) | 234439 |
|  | **Singapore — 2.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50900 | &nbsp;&nbsp;&nbsp; Sembcorp Industries Ltd. <br> (SGD) (c) | 302656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86900 | &nbsp;&nbsp;&nbsp; Singapore Airlines Ltd. <br> (SGD) (c) | 453893 |
|  |  | 756549 |
|  | **South Africa — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1767 | Absa Group Ltd. (ZAR) (c) | 17442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20219 | Exxaro Resources Ltd. (ZAR) | 176792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10243 | Kumba Iron Ore Ltd. (ZAR) | 169376 |
|  |  | 363610 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **South Korea — 5.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1974 | Hyundai Motor Co. (KRW) (c) | $300299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6722 | Kia Corp. (KRW) (c) | 491854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4584 | KT Corp. (KRW) (c) | 181893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6573 | &nbsp;&nbsp;&nbsp; Meritz Financial Group, Inc. <br> (KRW) (c) | 545872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 276 | &nbsp;&nbsp;&nbsp; Samsung Biologics Co., Ltd. <br> (KRW) (c) (d) (e) (f) | 210872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2738 | &nbsp;&nbsp;&nbsp; Samsung SDS Co., Ltd. <br> (KRW) (c) | 313687 |
|  |  | 2044477 |
|  | **Taiwan — 22.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6511 | &nbsp;&nbsp;&nbsp; Bora Pharmaceuticals Co., Ltd. <br> (TWD) (c) | 177438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36489 | &nbsp;&nbsp;&nbsp; Chicony Electronics Co., Ltd. <br> (TWD) (c) | 159108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69205 | &nbsp;&nbsp;&nbsp; Evergreen Marine Corp. Taiwan <br> Ltd. (TWD) (c) | 456676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6322 | Global Unichip Corp. (TWD) (c) | 253179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13811 | &nbsp;&nbsp;&nbsp; International Games System Co., <br> Ltd. (TWD) (c) | 361126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6254 | &nbsp;&nbsp;&nbsp; Jentech Precision Industrial Co., <br> Ltd. (TWD) (c) | 297550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18868 | MediaTek, Inc. (TWD) (c) | 854429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16842 | &nbsp;&nbsp;&nbsp; Nan Ya Printed Circuit Board <br> Corp. (TWD) (c) | 98663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21275 | &nbsp;&nbsp;&nbsp; Realtek Semiconductor Corp. <br> (TWD) (c) | 406797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22987 | &nbsp;&nbsp;&nbsp; Sino-American Silicon Products, <br> Inc. (TWD) (c) | 77065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105983 | &nbsp;&nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co., Ltd. <br> (TWD) (c) | 4080270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22175 | &nbsp;&nbsp;&nbsp; Tripod Technology Corp. <br> (TWD) (c) | 206390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60640 | &nbsp;&nbsp;&nbsp; Unimicron Technology Corp. <br> (TWD) (c) | 275263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1702 | Wiwynn Corp. (TWD) (c) | 155336 |
|  |  | 7859290 |
|  | **Thailand — 3.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124200 | &nbsp;&nbsp;&nbsp; Kasikornbank PCL, NVDR <br> (THB) (c) | 614149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121800 | Kasikornbank PCL (THB) (c) | 602281 |
|  |  | 1216430 |
|  | **Turkey — 3.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 249438 | Akbank T.A.S. (TRY) (c) | 413558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85653 | &nbsp;&nbsp;&nbsp; Aksa Enerji Uretim A/S <br> (TRY) (c) (f) | 83824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29507 | &nbsp;&nbsp;&nbsp; Torunlar Gayrimenkul Yatirim <br> Ortakligi A/S (TRY) (c) | 52985 |

---

------

**First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** | **COMMON STOCKS (a) (b) (Continued)** |
|  | **Turkey (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95754 | &nbsp;&nbsp;&nbsp; Turkiye Petrol Rafinerileri A/S <br> (TRY) (c) | $397823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 509862 | &nbsp;&nbsp;&nbsp; Yapi ve Kredi Bankasi A/S <br> (TRY) (c) (f) | 421667 |
|  |  | 1369857 |
|  | **Total Common Stocks** | 33377553 |
|  | (Cost $26,386,031) |  |
| **EXCHANGE-TRADED FUNDS (a) (b) — 6.3%** | **EXCHANGE-TRADED FUNDS (a) (b) — 6.3%** | **EXCHANGE-TRADED FUNDS (a) (b) — 6.3%** |
|  | **United States — 6.3%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1174 | &nbsp;&nbsp;&nbsp; iShares Core MSCI Emerging <br> Markets ETF  | 70827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28064 | iShares MSCI China ETF  | 1611716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6170 | SPDR S&P China ETF  | 564555 |
|  | **Total Exchange-Traded Funds** | 2247098 |
|  | (Cost $2,217,972) |  |
| **MONEY MARKET FUNDS — 0.9%** | **MONEY MARKET FUNDS — 0.9%** | **MONEY MARKET FUNDS — 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 302218 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - 4.20% (i) | 302218 |
|  | (Cost $302,218) |  |
|  | **Total Investments — 100.6%** | 35926869 |
|  | (Cost $28,906,221) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.6)%** | (200941)<br>|
|  | **Net Assets — 100.0%** | $35725928 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Portfolio securities are categorized based upon their country of incorporation. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

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

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At July 31, 2025, securities noted as such are valued at $30,379,855 or 85.0% of net assets. Certain of these securities are fair valued using a factor provided by a third-party pricing service due to the change in value between the foreign markets' close and the New York Stock Exchange close exceeding a certain threshold. On days when this threshold is not exceeded, these securities are typically valued at the last sale price on the exchange on which they are principally traded.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

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

&nbsp;&nbsp;&nbsp;&nbsp;(g) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

&nbsp;&nbsp;&nbsp;&nbsp;(h) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(i) Rate shown reflects yield as of July 31, 2025.

**Forward Foreign Currency Contracts at July 31, 2025:**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Settlement** <br>**Date**<br>| **Counterparty** | **Amount** <br>**Purchased** | **Amount** <br>**Purchased** | **Amount** <br>**Sold** | **Amount** <br>**Sold** | **Purchase Value** <br>**as of** <br>**7/31/2025**<br>| **Sale Value** <br>**as of** <br>**7/31/2025**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| 08/29/2025 | SG | USD | 3343820 | TWD | 99000000 | &nbsp;&nbsp; $3343820 | &nbsp;&nbsp; $3324938 | &nbsp;&nbsp; $18882 |

---

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

------

**First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| BDR | – Brazilian Depositary Receipt |
| BRL | – Brazilian Real |
| CLP | – Chilean Peso |
| EUR | – Euro |
| HKD | – Hong Kong Dollar |
| IDR | – Indonesian Rupiah |
| ILS | – Israeli Shekel |
| INR | – Indian Rupee |
| KRW | – South Korean Won |
| MXN | – Mexican Peso |
| MYR | – Malaysian Ringgit |
| NVDR | – Non-Voting Depositary Receipt |
| PHP | – Philippine Peso |
| PLN | – Polish Zloty |
| RUB | – Russian Ruble |
| SAR | – Saudi Riyal |
| SG | – Societe Generale |
| SGD | – Singapore Dollar |
| THB | – Thai Baht |
| TRY | – Turkish Lira |
| TWD | – New Taiwan Dollar |
| USD | – United States Dollar |
| ZAR | – South African Rand |

---

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

---

| | |
|:---|:---|
| **Sector Allocation** | **% of Total** <br>**Investments**<br>|
| Financials | &nbsp;&nbsp; 28.2% |
| Information Technology | &nbsp;&nbsp; 24.0 |
| Consumer Discretionary | &nbsp;&nbsp; 10.5 |
| Industrials | &nbsp;&nbsp;&nbsp; 9.6 |
| Communication Services | &nbsp;&nbsp;&nbsp; 6.9 |
| Energy | &nbsp;&nbsp;&nbsp; 5.9 |
| Materials | &nbsp;&nbsp;&nbsp; 4.4 |
| Consumer Staples | &nbsp;&nbsp;&nbsp; 4.4 |
| Health Care | &nbsp;&nbsp;&nbsp; 3.2 |
| All Other | &nbsp;&nbsp;&nbsp; 2.9 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments‡**<br>|
| INR | &nbsp;&nbsp; 20.5% |
| HKD | &nbsp;&nbsp; 16.6 |
| USD | &nbsp;&nbsp; 16.4 |
| TWD | &nbsp;&nbsp; 13.1 |
| KRW | &nbsp;&nbsp;&nbsp; 5.7 |
| BRL | &nbsp;&nbsp;&nbsp; 5.0 |
| TRY | &nbsp;&nbsp;&nbsp; 3.8 |
| THB | &nbsp;&nbsp;&nbsp; 3.4 |
| PLN | &nbsp;&nbsp;&nbsp; 2.4 |
| SGD | &nbsp;&nbsp;&nbsp; 2.1 |
| ILS | &nbsp;&nbsp;&nbsp; 1.9 |
| EUR | &nbsp;&nbsp;&nbsp; 1.7 |
| MYR | &nbsp;&nbsp;&nbsp; 1.7 |
| PHP | &nbsp;&nbsp;&nbsp; 1.6 |
| CLP | &nbsp;&nbsp;&nbsp; 1.2 |
| ZAR | &nbsp;&nbsp;&nbsp; 1.0 |
| SAR | &nbsp;&nbsp;&nbsp; 0.7 |
| IDR | &nbsp;&nbsp;&nbsp; 0.6 |
| MXN | &nbsp;&nbsp;&nbsp; 0.6 |
| RUB | &nbsp;&nbsp;&nbsp; 0.0<sup>‡</sup><sup>‡</sup> <br>|
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

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

---

| | |
|:---|:---|
| <sup>‡</sup> <br>| The weightings include the impact of currency forwards. |
| <sup>‡</sup><sup>‡</sup> <br>| Investments are valued at $0. |

---

------

**First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of July 31, 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>**7/31/2025**<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: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Brazil | $1398678 | $1398678 | $— | $— |
| &nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp; 445366 | &nbsp;&nbsp; 445366 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp; 630587 | &nbsp;&nbsp; 199186 | &nbsp;&nbsp; 431401 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp; 206243 | &nbsp;&nbsp; 206243 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp; 402057 | &nbsp;&nbsp; 402057 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Russia | &nbsp;&nbsp; —\*\* | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; —\*\* |
| &nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp; 363610 | &nbsp;&nbsp; 346168 | &nbsp;&nbsp; 17442 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Country <br> Categories\*<br>| &nbsp;&nbsp; 29931012 | &nbsp;&nbsp; — | &nbsp;&nbsp; 29931012 | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Exchange-Traded <br> Funds\*<br>| &nbsp;&nbsp; 2247098 | &nbsp;&nbsp; 2247098 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Money Market Funds | &nbsp;&nbsp; 302218 | &nbsp;&nbsp; 302218 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp; 35926869 | &nbsp;&nbsp; 5547014 | &nbsp;&nbsp; 30379855 | &nbsp;&nbsp; —\*\* |
| &nbsp;&nbsp; Forward Foreign <br> Currency Contracts<br>| &nbsp;&nbsp; 18882 | &nbsp;&nbsp; — | &nbsp;&nbsp; 18882 | &nbsp;&nbsp; — |
| Total | $35945751 | $5547014 | $30398737 | $—\*\* |

---

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

\* See Portfolio of Investments for country breakout.

\*\* Investments are valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**First Trust Exchange-Traded Fund III**

**Additional Information**

**July 31, 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.

------

## 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 Fund III

- **b. Investment Company Act file number:** 811-22245

- **c. CIK number of Registrant:** 0001424212

- **d. LEI of Registrant:** 5493003Z20QMESC6XS29

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

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

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

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

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

- **a. Name of Series:** First Trust RiverFront Dynamic Emerging Markets ETF

- **b. EDGAR series identifier (if any):** S000052737

- **c. LEI of Series:** 54930044Y226ETCKBE36

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $36057201.89

**Total Liabilities:** $331274.04

**Net Assets:** $35725927.85

**Cash Not Reported:** $29279.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000165609 | 3.57%                | 5.11%                | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $1129970.67                                |
| Month 2  | $141507.47               | $1319949.86                                |
| Month 3  | $0.00                    | $157485.65                                 |

**Designated Index Information**

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

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                   | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ANTA Sports Products Ltd               | ANTA Sports Products Ltd                      | CUSIP: 000000000<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |     20110 | NS      | $230824.34    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                | Meituan                                       | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     10108 | NS      | $155941.66    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp                               | Kia Corp                                      | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |      6722 | NS      | $491854.05    | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Asseco Poland SA                       | Asseco Poland SA                              | CUSIP: 000000000<br>LEI: 259400O79EWIK4XZPL40 | Long             | EC               | CORP              | PL        |      6311 | NS      | $340479.92    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Unilever Ltd                 | Hindustan Unilever Ltd                        | CUSIP: 000000000<br>LEI: 5493007IW5N37IKRPM32 | Long             | EC               | CORP              | IN        |     12200 | NS      | $350379.09    | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel Chile SA                          | Enel Chile SA                                 | CUSIP: 000000000<br>LEI: 549300YM5CWCAUVOPB53 | Long             | EC               | CORP              | CL        |   1904508 | NS      | $121992.22    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Bora Pharmaceuticals Co Ltd            | Bora Pharmaceuticals Co Ltd                   | CUSIP: 000000000<br>LEI: 254900MK7O5C2UX1SY03 | Long             | EC               | CORP              | TW        |      6511 | NS      | $177438.57    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDS Co Ltd                     | Samsung SDS Co Ltd                            | CUSIP: 000000000<br>LEI: 988400G19T2TB4CAWX91 | Long             | EC               | CORP              | KR        |      2738 | NS      | $313687.30    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| KT Corp                                | KT Corp                                       | CUSIP: 000000000<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |      4584 | NS      | $181892.70    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| TIME dotCom Bhd                        | TIME dotCom Bhd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     99000 | NS      | $120374.97    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Sino-American Silicon Products         | Sino-American Silicon Products Inc            | CUSIP: 000000000<br>LEI: 529900DMZ4STK7NEXO95 | Long             | EC               | CORP              | TW        |     22987 | NS      | $77064.76     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries          | Sun Pharmaceutical Industries Ltd             | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |     20847 | NS      | $404849.59    | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ICTSI                                  | International Container Terminal Services Inc | CUSIP: 000000000<br>LEI: 254900FU1MWK0I0Q4J61 | Long             | EC               | CORP              | PH        |     73780 | NS      | $566513.38    | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| CMS                                    | China Medical System Holdings Ltd             | CUSIP: 000000000<br>LEI: 529900Z57DVJXUBLHX66 | Long             | EC               | CORP              | HK        |     91691 | NS      | $155682.60    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                         | ICICI Bank Ltd                                | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     42699 | NS      | $719021.66    | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Topsports International Holdin         | Topsports International Holdings Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    135814 | NS      | $54793.92     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ICL Group Ltd                          | ICL Group Ltd                                 | CUSIP: 000000000<br>LEI: 529900FQVQD88SHIGM04 | Long             | EC               | CORP              | IL        |     30804 | NS      | $191906.15    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| BB Seguridade Participacoes SA         | BB Seguridade Participacoes SA                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     41155 | NS      | $247684.81    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                              | Petroleo Brasileiro SA - Petrobras            | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |     50925 | NS      | $325491.47    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Tripod Technology Corp                 | Tripod Technology Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     22175 | NS      | $206389.82    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| COSCO SHIPPING Ports Ltd               | COSCO SHIPPING Ports Ltd                      | CUSIP: 000000000<br>LEI: 5299008QX6KA3JHWK507 | Long             | EC               | CORP              | HK        |    211722 | NS      | $148261.61    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| OOIL                                   | Orient Overseas International Ltd             | CUSIP: 000000000<br>LEI: 529900DQ426GJO276W95 | Long             | EC               | CORP              | HK        |     14114 | NS      | $253943.14    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF | iShares Core MSCI Emerging Markets ETF        | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |      1174 | NS      | $70827.42     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Severstal PAO                          | Severstal PAO                                 | CUSIP: 000000000<br>LEI: 213800OKDPTV6K4ONO53 | Long             | EC               | CORP              | RU        |     23602 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CHINARES PHARMA                        | China Resources Pharmaceutical Group Ltd      | CUSIP: 000000000<br>LEI: 3003004H1KDKMJ8JD874 | Long             | EC               | CORP              | CN        |    169850 | NS      | $118610.32    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Alsea SAB de CV                        | Alsea SAB de CV                               | CUSIP: 000000000<br>LEI: 4469000001BJLPKNUN21 | Long             | EC               | CORP              | MX        |     34591 | NS      | $103672.15    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CG Power & Industrial Solution         | CG Power & Industrial Solutions Ltd           | CUSIP: 000000000<br>LEI: 335800KN5UTZKUZN2703 | Long             | EC               | CORP              | IN        |     48593 | NS      | $364854.89    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Kumba Iron Ore Ltd                     | Kumba Iron Ore Ltd                            | CUSIP: 000000000<br>LEI: 3789006C753402643048 | Long             | EC               | CORP              | ZA        |     10243 | NS      | $169376.05    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Indofood Sukses Makmur Tbk PT          | Indofood Sukses Makmur Tbk PT                 | CUSIP: 000000000<br>LEI: 529900E61EV2GTYWZ485 | Long             | EC               | CORP              | ID        |    260304 | NS      | $134409.44    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergreen Marine Corp Taiwan L         | Evergreen Marine Corp Taiwan Ltd              | CUSIP: 000000000<br>LEI: 254900EIJA0A39C5SO15 | Long             | EC               | CORP              | TW        |     69205 | NS      | $456676.49    | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurobank Ergasias Services and         | Eurobank Ergasias Services and Holdings SA    | CUSIP: 000000000<br>LEI: JEUVK5RWVJEN8W0C9M24 | Long             | EC               | CORP              | GR        |     80833 | NS      | $296686.91    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Jentech Precision Industrial C         | Jentech Precision Industrial Co Ltd           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6254 | NS      | $297550.16    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| IOI Corp Bhd                           | IOI Corp Bhd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    142800 | NS      | $126101.34    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco del Bajio SA                     | Banco del Bajio SA                            | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |     45626 | NS      | $102570.83    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI China ETF                 | iShares MSCI China ETF                        | CUSIP: 46429B671<br>LEI: 549300Q0IWAYMYXW0R77 | Long             | EC               | RF                | US        |     28064 | NS      | $1611715.52   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                   | Taiwan Semiconductor Manufacturing Co Ltd     | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    105983 | NS      | $4080269.99   | 11.42%            |  |  |  | No            |                  2 | On Loan: No      |
| CHINA MER PORT                         | China Merchants Port Holdings Co Ltd          | CUSIP: 000000000<br>LEI: 529900GA4UH90FUOR048 | Long             | EC               | CORP              | HK        |    101139 | NS      | $199185.85    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Ya Printed Circuit Board C         | Nan Ya Printed Circuit Board Corp             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16842 | NS      | $98662.88     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Hotels Ltd                         | ITC Hotels Ltd                                | CUSIP: 000000000<br>LEI: 335800IFHF7F1488ND22 | Long             | EC               | CORP              | IN        |      5531 | NS      | $14498.27     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Global Unichip Corp                    | Global Unichip Corp                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6322 | NS      | $253178.87    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| SPDR S&P China ETF                     | SPDR S&P China ETF                            | CUSIP: 78463X400<br>LEI: 549300B1I89QUAK0X692 | Long             | EC               | RF                | US        |      6170 | NS      | $564555.00    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Petrol Rafinerileri AS         | Turkiye Petrol Rafinerileri AS                | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | EC               | CORP              | TR        |     95754 | NS      | $397822.98    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Britannia Industries Ltd               | Britannia Industries Ltd                      | CUSIP: 000000000<br>LEI: 335800RRN5EVHNNAXN80 | Long             | EC               | CORP              | IN        |      4614 | NS      | $303579.03    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd                       | Lenovo Group Ltd                              | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |    243939 | NS      | $312790.80    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Bank Malaysia Bhd             | Alliance Bank Malaysia Bhd                    | CUSIP: 000000000<br>LEI: 2JJF46RULNMN5RTBEC18 | Long             | EC               | CORP              | MY        |     95500 | NS      | $100360.36    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Exxaro Resources Ltd                   | Exxaro Resources Ltd                          | CUSIP: 000000000<br>LEI: 378900BC3D9BFF4E4A37 | Long             | EC               | CORP              | ZA        |     20219 | NS      | $176791.73    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                         | Banco de Chile                                | CUSIP: 000000000<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | EC               | CORP              | CL        |   2347488 | NS      | $323373.65    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunway Real Estate Investment          | Sunway Real Estate Investment Trust           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    360800 | NS      | $189177.55    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                | Reliance Industries Ltd                       | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     11652 | NS      | $184014.18    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| LIC Housing Finance Ltd                | LIC Housing Finance Ltd                       | CUSIP: 000000000<br>LEI: 335800NFSMJ2ZKBCYP06 | Long             | EC               | CORP              | IN        |     23332 | NS      | $155380.38    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Meritz Financial Group Inc             | Meritz Financial Group Inc                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6573 | NS      | $545871.85    | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                            | Infosys Ltd                                   | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      1751 | NS      | $29779.17     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Akbank TAS                             | Akbank TAS                                    | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | EC               | CORP              | TR        |    249438 | NS      | $413557.74    | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                   | Tencent Holdings Ltd                          | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     26111 | NS      | $1828089.58   | 5.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasikornbank PCL                       | Kasikornbank PCL                              | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |    121800 | NS      | $602281.25    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| LTIMindtree Ltd                        | LTIMindtree Ltd                               | CUSIP: 000000000<br>LEI: 335800DY1I1WFHVV6T22 | Long             | EC               | CORP              | IN        |      1703 | NS      | $98511.72     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Vale SA                                | Vale SA                                       | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     30920 | NS      | $295199.29    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Haidilao International Holding         | Haidilao International Holding Ltd            | CUSIP: 000000000<br>LEI: 3003009Q8GV4VNKZWI24 | Long             | EC               | CORP              | CN        |    294555 | NS      | $522157.01    | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Indian Railway Catering & Tour         | Indian Railway Catering & Tourism Corp Ltd    | CUSIP: 000000000<br>LEI: 335800TVHEFK23CTJG98 | Long             | EC               | CORP              | IN        |     16547 | NS      | $136409.49    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS NV                                 | JBS NV                                        | CUSIP: 000000000<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | BR        |     29280 | NS      | $402057.17    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co                       | Hyundai Motor Co                              | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |      1974 | NS      | $300299.52    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| InterGlobe Aviation Ltd                | InterGlobe Aviation Ltd                       | CUSIP: 000000000<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |      9151 | NS      | $614109.12    | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Torunlar Gayrimenkul Yatirim O         | Torunlar Gayrimenkul Yatirim Ortakligi AS     | CUSIP: 000000000<br>LEI: 789000AZI3NB7PA5A670 | Long             | EC               | CORP              | TR        |     29507 | NS      | $52985.29     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Airlines Ltd                 | Singapore Airlines Ltd                        | CUSIP: 000000000<br>LEI: 549300ZG62N2599PWR15 | Long             | EC               | CORP              | SG        |     86900 | NS      | $453893.28    | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                           | MediaTek Inc                                  | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     18868 | NS      | $854429.34    | 2.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                       | CURRENCY CONTRACT - USD                       | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | N/A              | DFE              | CORP              | US        |         1 | NC      | $18881.76     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| MISC Bhd                               | MISC Bhd                                      | CUSIP: 000000000<br>LEI: 9845002055U77FF6B972 | Long             | EC               | CORP              | MY        |     48200 | NS      | $84177.89     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| ICBC                                   | Industrial & Commercial Bank of China Ltd     | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |   1101555 | NS      | $844039.37    | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Hapoalim BM                       | Bank Hapoalim BM                              | CUSIP: 000000000<br>LEI: B6ARUI4946ST4S7WOU88 | Long             | EC               | CORP              | IL        |     26186 | NS      | $491068.14    | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| SABIC Agri-Nutrients Co                | SABIC Agri-Nutrients Co                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |      7391 | NS      | $234439.28    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| REC Ltd                                | REC Ltd                                       | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | EC               | CORP              | IN        |     45584 | NS      | $204322.15    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| ORLEN SA                               | ORLEN SA                                      | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | EC               | CORP              | PL        |     16153 | NS      | $359703.21    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fleury SA                              | Fleury SA                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     38069 | NS      | $97559.65     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Handlowy w Warszawie SA           | Bank Handlowy w Warszawie SA                  | CUSIP: 000000000<br>LEI: XLEZHWWOI4HFQDGL4793 | Long             | EC               | CORP              | PL        |      5492 | NS      | $160140.95    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Rosneft Oil Co PJSC                    | Rosneft Oil Co PJSC                           | CUSIP: 000000000<br>LEI: 253400JT3MQWNDKMJE44 | Long             | EC               | CORP              | RU        |     59735 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Unimicron Technology Corp              | Unimicron Technology Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     60640 | NS      | $275262.86    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Vedanta Ltd                            | Vedanta Ltd                                   | CUSIP: 000000000<br>LEI: 335800XDKX9KB5EMCO07 | Long             | EC               | CORP              | IN        |     41891 | NS      | $202306.85    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Petroleum Corp Ltd              | Bharat Petroleum Corp Ltd                     | CUSIP: 000000000<br>LEI: 8GRDBX1TJ0PU5NCSHT72 | Long             | EC               | CORP              | IN        |    114160 | NS      | $426608.64    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasikornbank PCL                       | Kasikornbank PCL                              | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |    124200 | NS      | $614148.86    | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd                                | ITC Ltd                                       | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |     55709 | NS      | $261258.27    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Fufeng Group Ltd                       | Fufeng Group Ltd                              | CUSIP: 000000000<br>LEI: 549300OQ91X6COVM4483 | Long             | EC               | CORP              | CN        |    225394 | NS      | $248850.34    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd              | Alibaba Group Holding Ltd                     | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |     59621 | NS      | $896388.54    | 2.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco do Brasil SA                     | Banco do Brasil SA                            | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |     55338 | NS      | $194686.82    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Eicher Motors Ltd                      | Eicher Motors Ltd                             | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |      8179 | NS      | $508919.55    | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Aksa Enerji Uretim AS                  | Aksa Enerji Uretim AS                         | CUSIP: 000000000<br>LEI: 789000KQC5JTW1S3JG98 | Long             | EC               | CORP              | TR        |     85653 | NS      | $83824.19     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finance Ltd                      | Bajaj Finance Ltd                             | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |     38363 | NS      | $383912.69    | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Baroda                         | Bank of Baroda                                | CUSIP: 000000000<br>LEI: 549300CQ6M9Q0TJEZR23 | Long             | EC               | CORP              | IN        |    100064 | NS      | $270381.25    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Wiwynn Corp                            | Wiwynn Corp                                   | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |      1702 | NS      | $155335.74    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| HCL Technologies Ltd                   | HCL Technologies Ltd                          | CUSIP: 000000000<br>LEI: 549300C1F8OLYSOQYB65 | Long             | EC               | CORP              | IN        |     20706 | NS      | $345171.35    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Absa Group Ltd                         | Absa Group Ltd                                | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |      1767 | NS      | $17441.76     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Sembcorp Industries Ltd                | Sembcorp Industries Ltd                       | CUSIP: 000000000<br>LEI: 254900J0FF14U6TPQM96 | Long             | EC               | CORP              | SG        |     50900 | NS      | $302656.05    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamtri Resources Indonesia Tb         | Alamtri Resources Indonesia Tbk PT            | CUSIP: 000000000<br>LEI: 529900P2WAH7XA87OI24 | Long             | EC               | CORP              | ID        |    817441 | NS      | $91632.98     | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| State Bank of India                    | State Bank of India                           | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |     40662 | NS      | $368415.61    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| International Games System Co          | International Games System Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13811 | NS      | $361125.73    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Wisdom Marine Lines Co Ltd             | Wisdom Marine Lines Co Ltd                    | CUSIP: 000000000<br>LEI: 2138002Y4SAHF7NM3W37 | Long             | EC               | CORP              | TW        |     81018 | NS      | $157565.46    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Titan Co Ltd                           | Titan Co Ltd                                  | CUSIP: 000000000<br>LEI: 549300RO9VJWPK37FE54 | Long             | EC               | CORP              | IN        |      7872 | NS      | $299658.87    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management     | Dreyfus Government Cash Management            | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    302218 | NS      | $302218.27    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicony Electronics Co Ltd             | Chicony Electronics Co Ltd                    | CUSIP: 000000000<br>LEI: 254900JBP5GB5B1IHS51 | Long             | EC               | CORP              | TW        |     36489 | NS      | $159108.28    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| OPAP SA                                | OPAP SA                                       | CUSIP: 000000000<br>LEI: 213800M4NRGFJCI34834 | Long             | EC               | CORP              | GR        |      7793 | NS      | $174538.02    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd                    | Shriram Finance Ltd                           | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |     55766 | NS      | $399401.29    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Biologics Co Ltd               | Samsung Biologics Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       276 | NS      | $210871.69    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Realtek Semiconductor Corp             | Realtek Semiconductor Corp                    | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |     21275 | NS      | $406796.58    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Motor Oil Hellas Corinth Refin         | Motor Oil Hellas Corinth Refineries SA        | CUSIP: 000000000<br>LEI: 213800U3Y9UL7Y4QVM11 | Long             | EC               | CORP              | GR        |      5247 | NS      | $150313.36    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consultancy Services Ltd          | Tata Consultancy Services Ltd                 | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |      9572 | NS      | $330104.28    | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzano SA                              | Suzano SA                                     | CUSIP: 000000000<br>LEI: 391200AW174YQSDMGG41 | Long             | EC               | CORP              | BR        |     25561 | NS      | $238055.94    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Yapi ve Kredi Bankasi AS               | Yapi ve Kredi Bankasi AS                      | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | EC               | CORP              | TR        |    509862 | NS      | $421667.16    | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-23

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

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

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