# EDGAR Filing Document

**Accession Number:** 0001392994
**File Stem:** 0001752724-25-179066
**Filing Date:** 2025-7
**Character Count:** 10483
**Document Hash:** 9787c1e0c3d9e17a258ba04bd1ee2bc0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-179066.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-179066

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250530

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST SPECIALTY FINANCE & FINANCIAL OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0001392994

**ORGANIZATION NAME:**
- **EIN:** 061810845
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22039
- **FILM NUMBER:** 251150684

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

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

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Specialty Finance & Financial Opportunities Fund

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

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

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

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

  - **Street Address 1:** 120 EAST LIBERTY DRIVE

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

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

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

- **a. Name of Series:** First Trust Specialty Finance & Financial Opportunities Fund

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

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **Yes**

### Fund Information

**Total Assets:** $60018777.46

**Total Liabilities:** $153219.38

**Net Assets:** $59865558.08

**Cash Not Reported:** $1962072.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -2.49%               | -10.00%              | 6.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1451.30                | $-4223871.74                               |
| Month 2  | $-4773547.81             | $435294.66                                 |
| Month 3  | $1543228.00              | $1583975.87                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Capital Southwest Corp         | Capital Southwest Corp               | CUSIP: 140501107<br>LEI: 54930023YZ4YEJEDBO56 | Long             | EC               | CORP              | US        |     71000 | NS      | $1478220.00   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bain Capital Specialty Finance | Bain Capital Specialty Finance Inc   | CUSIP: 05684B107<br>LEI: 549300V2JL72R0EYBK64 | Long             | EC               | CORP              | US        |    100000 | NS      | $1572000.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Secured Lending Fun | Blackstone Secured Lending Fund      | CUSIP: 09261X102<br>LEI: 549300KM7KWQHVBNH962 | Long             | EC               | CORP              | US        |    119500 | NS      | $3809660.00   | 6.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Main Street Capital Corp       | Main Street Capital Corp             | CUSIP: 56035L104<br>LEI: 5493001FS9QJLJNF3E20 | Long             | EC               | CORP              | US        |    111000 | NS      | $6313680.00   | 10.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Ares Capital Corp              | Ares Capital Corp                    | CUSIP: 04010L103<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | EC               | CORP              | US        |    275000 | NS      | $6063750.00   | 10.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Sixth Street Specialty Lending | Sixth Street Specialty Lending Inc   | CUSIP: 83012A109<br>LEI: 549300TX61566GJWCN05 | Long             | EC               | CORP              | US        |    222000 | NS      | $5170380.00   | 8.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Hercules Capital Inc           | Hercules Capital Inc                 | CUSIP: 427096508<br>LEI: 549300UJ5OC256GR2B73 | Long             | EC               | CORP              | US        |    330000 | NS      | $5817900.00   | 9.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Capital BDC Inc       | Crescent Capital BDC Inc             | CUSIP: 225655109<br>LEI: 549300VPIZMU6OEE0V68 | Long             | EC               | CORP              | US        |     42565 | NS      | $660608.80    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Financial Investment Co | MidCap Financial Investment Corp     | CUSIP: 03761U502<br>LEI: 5493005P14I7WFB3FW47 | Long             | EC               | CORP              | US        |    140000 | NS      | $1837500.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Direct Lending  | Morgan Stanley Direct Lending Fund   | CUSIP: 61774A103<br>LEI: 549300QEX22T2J8IB029 | Long             | EC               | CORP              | US        |     60000 | NS      | $1185000.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SLR Investment Corp            | SLR Investment Corp                  | CUSIP: 83413U100<br>LEI: BJOT6DX9ML6BR3Z0O636 | Long             | EC               | CORP              | US        |     61000 | NS      | $1022360.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Capital Inc            | Trinity Capital Inc                  | CUSIP: 896442308<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EC               | CORP              | US        |     48000 | NS      | $698880.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Corp          | Blue Owl Capital Corp                | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               | CORP              | US        |    244475 | NS      | $3581558.75   | 5.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings BDC Inc                | Barings BDC Inc                      | CUSIP: 06759L103<br>LEI: 549300GSF4KFZP6ONG49 | Long             | EC               | CORP              | US        |    290000 | NS      | $2699900.00   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Churchill Direct Lendin | Nuveen Churchill Direct Lending Corp | CUSIP: 67090S108<br>LEI: 254900X3ULEP6XX7HG39 | Long             | EC               | CORP              | US        |     75000 | NS      | $1218750.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Oaktree Specialty Lending Corp | Oaktree Specialty Lending Corp       | CUSIP: 67401P405<br>LEI: 549300J6MGCEU5928620 | Long             | EC               | CORP              | US        |     90000 | NS      | $1316700.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FS KKR Capital Corp            | FS KKR Capital Corp                  | CUSIP: 302635206<br>LEI: 549300TYRSI1T21B1360 | Long             | EC               | CORP              | US        |    153500 | NS      | $3255735.00   | 5.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Kayne Anderson BDC Inc         | Kayne Anderson BDC Inc               | CUSIP: 48662X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35000 | NS      | $557200.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| New Mountain Finance Corp      | New Mountain Finance Corp            | CUSIP: 647551100<br>LEI: 549300L1MPTT1H7SES77 | Long             | EC               | CORP              | US        |    283000 | NS      | $3047910.00   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Golub Capital BDC Inc          | Golub Capital BDC Inc                | CUSIP: 38173M102<br>LEI: 2549005WE0QLGK9APF78 | Long             | EC               | CORP              | US        |    360000 | NS      | $5475600.00   | 9.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs BDC Inc          | Goldman Sachs BDC Inc                | CUSIP: 38147U107<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | EC               | CORP              | US        |    109000 | NS      | $1234970.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-25

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

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

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