# EDGAR Filing Document

**Accession Number:** 0001561785
**File Stem:** 0000940400-25-012141
**Filing Date:** 2025-12
**Character Count:** 25324
**Document Hash:** 24f098670d5debd75338818762ca5c56
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-012141.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000940400-25-012141

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND VII
- **CENTRAL INDEX KEY:** 0001561785

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22767
- **FILM NUMBER:** 251536797

**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 Alternative Absolute Return Strategy ETF (Series ID: S000053488)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000168150 | First Trust Alternative Absolute Return Strategy ETF | FAAR            |

## Nport-Ex

**First Trust Alternative Absolute Return Strategy ETF (FAAR)**

**Consolidated Portfolio of Investments**

**September 30, 2025 (Unaudited)**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Stated** <br>**Coupon**<br>| **Stated** <br>**Maturity**<br>| **Value** |
| **U.S. GOVERNMENT BONDS AND NOTES — 35.6%** | **U.S. GOVERNMENT BONDS AND NOTES — 35.6%** | **U.S. GOVERNMENT BONDS AND NOTES — 35.6%** | **U.S. GOVERNMENT BONDS AND NOTES — 35.6%** | **U.S. GOVERNMENT BONDS AND NOTES — 35.6%** |
| $24000000 | U.S. Treasury Note  | 0.38% | 11/30/25 | $23854722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16000000 | U.S. Treasury Note  | 0.75% | 03/31/26 | 15757894 |
|  | **Total U.S. Government Bonds and Notes** | **Total U.S. Government Bonds and Notes** | **Total U.S. Government Bonds and Notes** | 39612616 |
|  | (Cost $39,592,746) | (Cost $39,592,746) | (Cost $39,592,746) |  |
| **U.S. TREASURY BILLS — 32.2%** | **U.S. TREASURY BILLS — 32.2%** | **U.S. TREASURY BILLS — 32.2%** | **U.S. TREASURY BILLS — 32.2%** | **U.S. TREASURY BILLS — 32.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5000000 | U.S. Treasury Bill  | (a) | 10/16/25 | 4991564 |
| &nbsp;&nbsp;&nbsp;&nbsp; 15000000 | U.S. Treasury Bill  | (a) | 11/04/25 | 14943285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | U.S. Treasury Bill  | (a) | 11/06/25 | 3983930 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12000000 | U.S. Treasury Bill  | (a) | 02/12/26 | 11833804 |
|  | **Total U.S. Treasury Bills** | **Total U.S. Treasury Bills** | **Total U.S. Treasury Bills** | 35752583 |
|  | (Cost $35,744,089) | (Cost $35,744,089) | (Cost $35,744,089) |  |

---

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 23.0%** | **MONEY MARKET FUNDS — 23.0%** | **MONEY MARKET FUNDS — 23.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 12753096 | Dreyfus Government Cash Management Fund, Institutional Shares - 4.04% (b) | 12753096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12753097 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.99% (b) | 12753097 |
|  | **Total Money Market Funds** | 25506193 |
|  | (Cost $25,506,193) |  |
|  | **Total Investments — 90.8%** | 100871392 |
|  | (Cost $100,843,028) |  |
|  | **Net Other Assets and Liabilities — 9.2%** | 10246650 |
|  | **Net Assets — 100.0%** | $111118042 |

---

**Futures Contracts at September 30, 2025:**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures Contracts Long** | **Number of** <br>**Contracts**<br>| **Expiration** <br>**Date**<br>| **Notional** <br>**Value**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)/** <br>**Value**<br>|
| Brent Crude Oil Futures | 164 | Oct-2025 | &nbsp;&nbsp; $10828920 | &nbsp;&nbsp; $54744 |
| Cattle Feeder Futures | 22 | Oct-2025 | &nbsp;&nbsp; 3971275 | &nbsp;&nbsp; 62783 |
| Cocoa Futures | 40 | Dec-2025 | &nbsp;&nbsp; 2699600 | &nbsp;&nbsp; (437294)<br>|
| Cocoa Futures | 22 | Mar-2026 | &nbsp;&nbsp; 1495120 | &nbsp;&nbsp; (91868)<br>|
| Coffee "C" Futures | 57 | Dec-2025 | &nbsp;&nbsp; 8012419 | &nbsp;&nbsp; 1669037 |
| Copper Futures | 28 | Dec-2025 | &nbsp;&nbsp; 3399550 | &nbsp;&nbsp; 207911 |
| Gasoline RBOB Futures | 135 | Oct-2025 | &nbsp;&nbsp; 10899441 | &nbsp;&nbsp; 6034 |
| Gold 100 Oz. Futures | 28 | Dec-2025 | &nbsp;&nbsp; 10844960 | &nbsp;&nbsp; 1064818 |
| Lean Hogs Futures | 185 | Dec-2025 | &nbsp;&nbsp; 6565650 | &nbsp;&nbsp; 8900 |
| Live Cattle Futures | 55 | Dec-2025 | &nbsp;&nbsp; 5165050 | &nbsp;&nbsp; 16932 |
| LME Nickel Futures | 21 | Dec-2025 | &nbsp;&nbsp; 1916514 | &nbsp;&nbsp; (14086)<br>|
| LME Zinc Futures | 94 | Dec-2025 | &nbsp;&nbsp; 6977479 | &nbsp;&nbsp; 176414 |
| Low Sulphur Gasoil "G" Futures | 160 | Nov-2025 | &nbsp;&nbsp; 10992000 | &nbsp;&nbsp; 79584 |
| NY Harbor ULSD Futures | 113 | Oct-2025 | &nbsp;&nbsp; 11030178 | &nbsp;&nbsp; 148823 |
| Silver Futures | 23 | Dec-2025 | &nbsp;&nbsp; 5363600 | &nbsp;&nbsp; 662917 |
| Sugar #11 (World) Futures | 79 | Feb-2026 | &nbsp;&nbsp; 1468768 | &nbsp;&nbsp; 15793 |
| WTI Crude Futures | 129 | Nov-2025 | &nbsp;&nbsp; 7992840 | &nbsp;&nbsp; (173560)<br>|
|  |  |  | &nbsp;&nbsp; $109623364 | &nbsp;&nbsp; $3457882 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures Contracts Short** |  |  |  |  |
| Corn Futures | 240 | Dec-2025 | &nbsp;&nbsp; $(4986000)<br>| &nbsp;&nbsp; $(176880)<br>|

---

------

**First Trust Alternative Absolute Return Strategy ETF (FAAR)**

**Consolidated Portfolio of Investments (Continued)**

**September 30, 2025 (Unaudited)**

**Futures Contracts at September 30, 2025 (Continued)**:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures Contracts Short** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Date**<br>| **Notional**<br> **Value**<br>| **Unrealized**<br> **Appreciation**<br> **(Depreciation)/**<br> **Value**<br>|
| Cotton No. 2 Futures | 326 | Dec-2025 | &nbsp;&nbsp; $(10720510)<br>| &nbsp;&nbsp; $256512 |
| Kansas City Hard Red Winter Wheat Futures | 431 | Dec-2025 | &nbsp;&nbsp; (10726512)<br>| &nbsp;&nbsp; 812367 |
| LME Aluminium Futures | 13 | Dec-2025 | &nbsp;&nbsp; (871289)<br>| &nbsp;&nbsp; (9724)<br>|
| LME Lead Futures | 28 | Dec-2025 | &nbsp;&nbsp; (1387379)<br>| &nbsp;&nbsp; 11580 |
| Natural Gas Futures | 246 | Oct-2025 | &nbsp;&nbsp; (8125380)<br>| &nbsp;&nbsp; 54507 |
| Natural Gas Futures | 21 | Nov-2025 | &nbsp;&nbsp; (814800)<br>| &nbsp;&nbsp; 50072 |
| Soybean Futures | 111 | Nov-2025 | &nbsp;&nbsp; (5559713)<br>| &nbsp;&nbsp; 225625 |
| Soybean Oil Futures | 128 | Dec-2025 | &nbsp;&nbsp; (3800832)<br>| &nbsp;&nbsp; 175082 |
| Wheat Futures | 289 | Dec-2025 | &nbsp;&nbsp; (7340600)<br>| &nbsp;&nbsp; 245609 |
|  |  |  | &nbsp;&nbsp; $(54333015)<br>| &nbsp;&nbsp; $1644750 |
|  |  | &nbsp;&nbsp; Total | &nbsp;&nbsp; $55290349 | &nbsp;&nbsp; $5102632 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Zero coupon security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of September 30, 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 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 September 30, 2025 is as follows:

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total** <br>**Value at** <br>**9/30/2025**<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>|
| U.S. Government Bonds and Notes | $39612616 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $39612616 | &nbsp;&nbsp; $— |
| U.S. Treasury Bills | 35752583 | &nbsp;&nbsp; — | &nbsp;&nbsp; 35752583 | &nbsp;&nbsp; — |
| Money Market Funds | 25506193 | &nbsp;&nbsp; 25506193 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | 100871392 | &nbsp;&nbsp; 25506193 | &nbsp;&nbsp; 75365199 | &nbsp;&nbsp; — |
| Futures Contracts | 6006044 | &nbsp;&nbsp; 6006044 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total | $106877436 | &nbsp;&nbsp; $31512237 | &nbsp;&nbsp; $75365199 | &nbsp;&nbsp; $— |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total** <br>**Value at** <br>**9/30/2025**<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>|
| Futures Contracts | $(903412)<br>| &nbsp;&nbsp; $(903412)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

------

## 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 VII

- **b. Investment Company Act file number:** 811-22767

- **c. CIK number of Registrant:** 0001561785

- **d. LEI of Registrant:** 549300ESI5HR7KPXFL47

- **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 Alternative Absolute Return Strategy ETF

- **b. EDGAR series identifier (if any):** S000053488

- **c. LEI of Series:** 549300WHPXXR83TGJA80

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $126145138.23

**Total Liabilities:** $15027095.99

**Net Assets:** $111118042.24

**Amount of Assets Invested in Other Investment Companies:** $23792747.09

**Cash Not Reported:** $14941673.96

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 1.27530000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168150 | 4.11%                | 3.05%                | 2.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-34315.03                                 |
| Month 2  | $0.00                    | $34034.44                                  |
| Month 3  | $-0.01                   | $7005.95                                   |

**Designated Index Information**

- **Index Name:** DOW JONES AIG COMMODITY FUTURES INDEX - AIG COMMOD FUT

- **Index Identifier:** DJCI Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COMMODITY EXCHANGE, INC.                    | SILVER                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |        23 | NC      | $662916.63    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | NATURAL GAS                        | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |       -21 | NC      | $50071.98     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | SUGAR #11 (WORLD)                  | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |        79 | NC      | $15793.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | COPPER                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |        28 | NC      | $207910.71    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | LEAN HOGS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              | CORP              | US        |       185 | NC      | $8900.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | NY HARB ULSD                       | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |       113 | NC      | $148822.67    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | SOYBEAN                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -111 | NC      | $225624.85    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | KC HRW WHEAT                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -431 | NC      | $812367.30    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Treasury Portfolio                    | MSILF Treasury Portfolio           | CUSIP: 61747C582<br>LEI: 549300D1XR6GP7EZ0T47 | Long             | STIV             | RF                | US        |  12753096 | NS      | $12753096.47  | 11.48%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COFFEE 'C'                         | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |        57 | NC      | $1669036.87   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME LEAD                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |       -28 | NC      | $11579.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | CORN                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -240 | NC      | $-176880.20   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | CATTLE FEEDER                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              | CORP              | US        |        22 | NC      | $62783.04     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COTTON NO.2                        | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |      -326 | NC      | $256512.30    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME NICKEL                         | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |        21 | NC      | $-14086.32    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | LOW SU GASOIL G                    | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              | CORP              | GB        |       160 | NC      | $79583.94     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | WHEAT (CBT)                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -289 | NC      | $245608.73    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME ZINC                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |        94 | NC      | $176414.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill        | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $3983930.00   | 3.59%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | LIVE CATTLE                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              | CORP              | US        |        55 | NC      | $16932.27     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                          | BRENT CRUDE                        | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              | CORP              | GB        |       164 | NC      | $54744.53     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill        | CUSIP: 912797RT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12000000 | PA      | $11833803.72  | 10.65%            | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management          | Dreyfus Government Cash Management | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  12753096 | NS      | $12753096.24  | 11.48%            |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond   | CUSIP: 91282CBT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16000000 | PA      | $15757893.76  | 14.18%            | 2026-03-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | GASOLINE RBOB                      | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |       135 | NC      | $6033.70      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COCOA                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |        22 | NC      | $-91868.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | SOYBEAN OIL                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              | CORP              | US        |      -128 | NC      | $175082.39    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill        | CUSIP: 912797RM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14943284.70  | 13.45%            | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | WTI CRUDE                          | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |       129 | NC      | $-173560.06   | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S., INC.                      | COCOA                              | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              | CORP              | US        |        40 | NC      | $-437294.17   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITY EXCHANGE, INC.                    | GOLD 100 OZ                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              | CORP              | US        |        28 | NC      | $1064818.24   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond   | CUSIP: 91282CAZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24000000 | PA      | $23854722.24  | 21.47%            | 2025-11-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE, INC.          | NATURAL GAS                        | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |      -246 | NC      | $54506.73     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill        | CUSIP: 912797QF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4991564.60   | 4.49%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THE LONDON METAL EXCHANGE                   | LME PRI ALUM                       | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              | CORP              | GB        |       -13 | NC      | $-9724.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-18

**Name of Applicant:** FIRST TRUST EXCHANGE-TRADED FUND VII

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

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