# EDGAR Filing Document

**Accession Number:** 0001681717
**File Stem:** 0001732966-26-000005
**Filing Date:** 2026-5
**Character Count:** 7305
**Document Hash:** 0ca1f369ad138a59d044fdfcf95c353e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001732966-26-000005.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001732966-26-000005

**CONFORMED SUBMISSION TYPE**: 5

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** PECK MICHAEL D
- **CENTRAL INDEX KEY:** 0001732966

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23179
- **FILM NUMBER:** 26970211

**MAIL ADDRESS:**
- **STREET 1:** 225 W WACKER DRIVE
- **STREET 2:** 21ST FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER NAME:**
- **FORMER CONFORMED NAME:** PECK MICHAEL P
- **DATE OF NAME CHANGE:** 20180228
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST ALTERNATIVE OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0001681717

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

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53201
- **BUSINESS PHONE:** 414-299-2200

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Relative Value Fund
- **DATE OF NAME CHANGE:** 20160805

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 5

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>PECK MICHAEL D<br><sub>(Last) (First) (Middle)</sub><br>225 W WACKER DRIVE<br>21ST FLOOR<br><sub>(Street)</sub><br>CHICAGO, IL 60606<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-03-31 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_PRESIDENT_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>FIRST TRUST ALTERNATIVE OPPORTUNITIES FUND [ VFLAX ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| CLASS A COMMON SHARES | 2025-04-02 |  | J<sup>(1)</sup> |  | 0.28 | A | $26.55 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-05-07 |  | J<sup>(1)</sup> |  | 0.28 | A | $26.27 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-06-04 |  | J<sup>(1)</sup> |  | 0.28 | A | $26.38 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-07-02 |  | J<sup>(1)</sup> |  | 0.28 | A | $26.6 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-08-06 |  | J<sup>(1)</sup> |  | 0.28 | A | $26.78 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-09-03 |  | J<sup>(1)</sup> |  | 0.29 | A | $26.8 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-10-01 |  | J<sup>(1)</sup> |  | 0.29 | A | $26.79 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-11-05 |  | J<sup>(1)</sup> |  | 0.29 | A | $26.8 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-12-03 |  | J<sup>(1)</sup> |  | 0.29 | A | $27.05 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2025-12-12 |  | J<sup>(1)</sup> |  | 0.29 | A | $26.97 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2026-02-04 |  | J<sup>(1)</sup> |  | 0.29 | A | $27.1 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |
| CLASS A COMMON SHARES | 2026-03-04 |  | J<sup>(1)</sup> |  | 0.3 | A | $26.86 | 50.69 | I | VFT HOLDINGS LP<sup>(2)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) DIVIDEND REINVESTMENT

(2) MR. PECK DISCLAIMS BENEFICIAL OWNERSHIP OF THESE SECURITIES EXCEPT TO THE EXTENT OF HIS PECUNIARY INTEREST THEREIN.

**Signature:** Marc Bassewitz  
**Date:** 2026-05-12

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**