# EDGAR Filing Document

**Accession Number:** 0001497778
**File Stem:** 0000940400-25-002910
**Filing Date:** 2025-9
**Character Count:** 20051
**Document Hash:** c193e261010e875c51c13919782eaa9c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002910.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002910

**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 SERIES FUND
- **CENTRAL INDEX KEY:** 0001497778

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22452
- **FILM NUMBER:** 251349192

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

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

## Series and Classes Contracts Data

### First Trust/Confluence Small Cap Value Fund (Series ID: S000030199)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000092938 | Class A      | FOVAX           |
| C000092939 | Class C      | FOVCX           |
| C000092941 | Class I      | FOVIX           |

## Nport-Ex

**First Trust/Confluence Small Cap Value Fund** 

**Portfolio of Investments** 

**July 31, 2025 (Unaudited)**

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

---

| | | |
|:---|:---|:---|
| <br> **Shares**<br>| **Description** | **Value** |
| **COMMON STOCKS – 100.1%**  | **COMMON STOCKS – 100.1%**  | **COMMON STOCKS – 100.1%**  |
|  | **Automobiles – 2.7%** |  |
| 13813 | Winnebago Industries, Inc.  | $410522 |
|  | **Building Products – 6.4%** |  |
| 33222 | Hayward Holdings, Inc. (a) | 510954 |
| 4502 | UFP Industries, Inc.  | 441196 |
|  |  | 952150 |
|  | **Capital Markets – 3.0%** |  |
| 1646 | Morningstar, Inc.  | 455053 |
|  | **Electronic Equipment,** <br> **Instruments & Components –** <br> **9.3%**<br>|  |
| 30011 | Knowles Corp. (a) | 609523 |
| 1007 | Littelfuse, Inc.  | 259131 |
| 12450 | Vontier Corp.  | 516302 |
|  |  | 1384956 |
|  | **Financial Services – 2.0%** |  |
| 14114 | Cannae Holdings, Inc.  | 301757 |
|  | **Food Products – 6.0%** |  |
| 4009 | J&J Snack Foods Corp.  | 452576 |
| 7104 | John B. Sanfilippo & Son, Inc.  | 449754 |
|  |  | 902330 |
|  | **Ground Transportation – 2.8%** |  |
| 34100 | Marten Transport Ltd.  | 414656 |
|  | **Health Care Equipment &** <br> **Supplies – 12.2%**<br>|  |
| 8411 | CONMED Corp.  | 430223 |
| 14514 | Enovis Corp. (a) | 388975 |
| 7356 | Haemonetics Corp. (a) | 544638 |
| 2047 | UFP Technologies, Inc. (a) | 463420 |
|  |  | 1827256 |
|  | **Hotels, Restaurants &** <br> **Leisure – 2.9%**<br>|  |
| 2903 | Vail Resorts, Inc.  | 436205 |
|  | **Household Durables – 2.7%** |  |
| 986 | Cavco Industries, Inc. (a) | 398019 |
|  | **Household Products – 2.9%** |  |
| 8105 | Spectrum Brands Holdings, Inc.  | 433699 |
|  | **Insurance – 12.2%** |  |
| 11386 | &nbsp;&nbsp; Baldwin Insurance (The) Group, <br> Inc. (a)<br>| 419460 |
| 49276 | Hagerty, Inc., Class A (a) | 500644 |
| 6212 | RLI Corp.  | 409930 |
| 7728 | &nbsp;&nbsp; Stewart Information Services <br> Corp. <br>| 501779 |
|  |  | 1831813 |

---

---

| | | |
|:---|:---|:---|
| <br> **Shares**<br>| **Description** | **Value** |
|  | **Interactive Media & Services –** <br> **4.0%**<br>|  |
| 34327 | TripAdvisor, Inc. (a) | $600379 |
|  | **Leisure Products – 1.2%** |  |
| 18853 | &nbsp;&nbsp; American Outdoor Brands, <br> Inc. (a)<br>| 177407 |
|  | **Machinery – 10.2%** |  |
| 19172 | Gates Industrial Corp. PLC (a) | 475465 |
| 4025 | JBT Marel Corp.  | 554645 |
| 1273 | RBC Bearings, Inc. (a) | 493084 |
|  |  | 1523194 |
|  | **Personal Care Products – 2.8%** |  |
| 16781 | Edgewell Personal Care Co.  | 423385 |
|  | **Real Estate Management &** <br> **Development – 3.7%**<br>|  |
| 13132 | Altus Group Ltd.  | 549469 |
|  | **Software – 3.5%** |  |
| 18826 | I3 Verticals, Inc., Class A (a) | 526752 |
|  | **Specialty Retail – 3.4%** |  |
| 14522 | Valvoline, Inc. (a) | 511901 |
|  | **Textiles, Apparel & Luxury** <br> **Goods – 3.1%**<br>|  |
| 29696 | Movado Group, Inc.  | 460585 |
|  | **Water Utilities – 3.1%** |  |
| 9613 | H20 America  | 464212 |
|  | **Total Common Stocks** | 14985700 |
|  | (Cost $14,304,992) |  |
| **MONEY MARKET FUNDS – 0.2%** | **MONEY MARKET FUNDS – 0.2%** | **MONEY MARKET FUNDS – 0.2%** |
| 28327 | &nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, Institutional <br> Class - 4.20% (b)<br>| 28327 |
|  | (Cost $28,327) |  |
|  | **Total Investments – 100.3%** | 15014027 |
|  | (Cost $14,333,319)  |  |
|  | **Net Other Assets and** <br> **Liabilities – (0.3)%**<br>| (43176)<br>|
|  | **Net Assets – 100.0%** | $14970851 |

---

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

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

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

------

**Valuation Inputs**

The Fund is 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

------

**First Trust/Confluence Small Cap Value Fund** 

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

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.

A summary of the inputs used to value the Fund's investments as of July 31, 2025 is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **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\* | $14985700 | &nbsp;&nbsp; $14985700 | $— | $— |
| Money Market Funds | 28327 | &nbsp;&nbsp; 28327 |  |  |
| Total Investments | $15014027 | &nbsp;&nbsp; $15014027 | $— | $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

## 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 Series Fund

- **b. Investment Company Act file number:** 811-22452

- **c. CIK number of Registrant:** 0001497778

- **d. LEI of Registrant:** 549300RL1B5O4HI4N885

- **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/Confluence Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000030199

- **c. LEI of Series:** 549300GLRTARYID06M81

**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:** $15068144.31

**Total Liabilities:** $82135.59

**Net Assets:** $14986008.72

**Cash Not Reported:** $28350.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000092941 | 2.03%                | 0.99%                | 0.77%                |
| Class ID C000092938 | 2.02%                | 0.97%                | 0.73%                |
| Class ID C000092939 | 1.94%                | 0.86%                | 0.71%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $589804.20               | $-115628.91                                |
| Month 2  | $276602.73               | $-142326.03                                |
| Month 3  | $329042.82               | $-194674.97                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JBT Marel Corp                 | JBT Marel Corp                    | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |      4025 | NS      | $554645.00    | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                 | Littelfuse Inc                    | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      1007 | NS      | $259131.31    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Hagerty Inc                    | Hagerty Inc                       | CUSIP: 405166109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49276 | NS      | $500644.16    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc    | John B Sanfilippo & Son Inc       | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Long             | EC               | CORP              | US        |      7104 | NS      | $449754.24    | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc               | RBC Bearings Inc                  | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1273 | NS      | $493083.82    | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals Inc               | I3 Verticals Inc                  | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     18826 | NS      | $526751.48    | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| American Outdoor Brands Inc    | American Outdoor Brands Inc       | CUSIP: 02875D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18853 | NS      | $177406.73    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc           | Hayward Holdings Inc              | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33222 | NS      | $510954.36    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc       | Winnebago Industries Inc          | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     13813 | NS      | $410522.36    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC      | Gates Industrial Corp PLC         | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | US        |     19172 | NS      | $475465.60    | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                       | RLI Corp                          | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |      6212 | NS      | $409929.88    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                    | Enovis Corp                       | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     14514 | NS      | $388975.20    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts Inc               | Vail Resorts Inc                  | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      2903 | NS      | $436204.78    | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                | Morningstar Inc                   | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      1646 | NS      | $455053.16    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc   | Spectrum Brands Holdings Inc      | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      8105 | NS      | $433698.55    | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc             | UFP Industries Inc                | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |      4502 | NS      | $441196.00    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co      | Edgewell Personal Care Co         | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |     16781 | NS      | $423384.63    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group Inc/Th | Baldwin Insurance Group Inc/The   | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11386 | NS      | $419460.24    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                  | Valvoline Inc                     | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     14522 | NS      | $511900.50    | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Movado Group Inc               | Movado Group Inc                  | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |     29696 | NS      | $460584.96    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc           | Cavco Industries Inc              | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       986 | NS      | $398018.62    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc           | UFP Technologies Inc              | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      2047 | NS      | $463420.33    | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                    | H2O America                       | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9613 | NS      | $464211.77    | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cannae Holdings Inc            | Cannae Holdings Inc               | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |     14114 | NS      | $301757.32    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                   | Vontier Corp                      | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     12450 | NS      | $516301.50    | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Altus Group Ltd/Canada         | Altus Group Ltd/Canada            | CUSIP: 02215R107<br>LEI: 54930041VO1EIY4IV355 | Long             | EC               | CORP              | CA        |     13132 | NS      | $549469.14    | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd           | Marten Transport Ltd              | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34100 | NS      | $414656.00    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED Corp                    | CONMED Corp                       | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |      8411 | NS      | $430222.65    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp               | Haemonetics Corp                  | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |      7356 | NS      | $544638.24    | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp         | J & J Snack Foods Corp            | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |      4009 | NS      | $452576.01    | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TripAdvisor Inc                | TripAdvisor Inc                   | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     34327 | NS      | $600379.23    | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C | Stewart Information Services Corp | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      7728 | NS      | $501779.04    | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                   | Knowles Corp                      | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |     30011 | NS      | $609523.41    | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-18

**Name of Applicant:** First Trust Series Fund

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

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