# EDGAR Filing Document

**Accession Number:** 0001517936
**File Stem:** 0000940400-25-002919
**Filing Date:** 2025-9
**Character Count:** 105424
**Document Hash:** bb2a30b58c55bb994719f7b29dac6018
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002919.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002919

**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 IV
- **CENTRAL INDEX KEY:** 0001517936

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22559
- **FILM NUMBER:** 251349203

**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 Long Duration Opportunities ETF (Series ID: S000064087)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000207230 | First Trust Long Duration Opportunities ETF | LGOV            |

## Nport-Ex

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments**

**July 31, 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 AGENCY MORTGAGE-BACKED SECURITIES — 84.3%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 84.3%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 84.3%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 84.3%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 84.3%** |
|  | **Collateralized Mortgage Obligations — 60.3%** | **Collateralized Mortgage Obligations — 60.3%** | **Collateralized Mortgage Obligations — 60.3%** |  |
|  | FARM Mortgage Trust |  |  |  |
| $3750000 | &nbsp;&nbsp;&nbsp; Series 2024-1, Class A2 (a) (b) | 4.69% | 10/01/53 | $3343324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3250000 | &nbsp;&nbsp;&nbsp; Series 2024-2, Class A2 (a) (b) | 5.20% | 08/01/54 | 3038208 |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3932064 | &nbsp;&nbsp;&nbsp; Series 2015-4471, Class JB | 3.50% | 09/15/43 | 3292923 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6222568 | &nbsp;&nbsp;&nbsp; Series 2015-4499, Class CZ | 3.50% | 08/15/45 | 5322974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4786215 | &nbsp;&nbsp;&nbsp; Series 2017-4680, Class YZ | 3.50% | 05/15/47 | 4236745 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4442000 | &nbsp;&nbsp;&nbsp; Series 2017-4738, Class TY | 3.00% | 12/15/47 | 3505072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3323850 | &nbsp;&nbsp;&nbsp; Series 2017-4745, Class CZ | 3.50% | 01/15/48 | 2986179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4752762 | &nbsp;&nbsp;&nbsp; Series 2019-4924, Class XB | 3.00% | 10/25/49 | 3458084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7775783 | &nbsp;&nbsp;&nbsp; Series 2021-5135, Class BZ | 2.50% | 08/25/51 | 4626280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3726229 | &nbsp;&nbsp;&nbsp; Series 2021-5140, Class ZD | 2.00% | 08/25/51 | 2190300 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13019844 | &nbsp;&nbsp;&nbsp; Series 2021-5179, Class GZ | 2.00% | 01/25/52 | 7116195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 17724729 | &nbsp;&nbsp;&nbsp; Series 2022-5202, Class ZN | 3.00% | 05/25/51 | 11962120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6408508 | &nbsp;&nbsp;&nbsp; Series 2022-5204, Class HZ | 2.50% | 03/25/52 | 3901741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13338822 | &nbsp;&nbsp;&nbsp; Series 2022-5213, Class DB | 3.00% | 04/25/52 | 11384164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7420000 | &nbsp;&nbsp;&nbsp; Series 2022-5224, Class HL | 4.00% | 04/25/52 | 6659562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6180983 | &nbsp;&nbsp;&nbsp; Series 2022-5243, Class ZB | 3.50% | 06/15/43 | 4963943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 22375963 | &nbsp;&nbsp;&nbsp; Series 2023-5299, Class ZA | 3.00% | 03/25/52 | 15922726 |
|  | &nbsp;&nbsp; Federal Home Loan Mortgage Corporation Seasoned Loans <br> Structured Transaction Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 10000000 | &nbsp;&nbsp;&nbsp; Series 2024-2, Class A2 (a) | 3.25% | 10/25/34 | 8621152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12000000 | &nbsp;&nbsp;&nbsp; Series 2025-1, Class A2 | 3.00% | 05/25/35 | 10162825 |
|  | Federal National Mortgage Association |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1111685 | &nbsp;&nbsp;&nbsp; Series 2005-74, Class NZ | 6.00% | 09/25/35 | 1177443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 24575556 | &nbsp;&nbsp;&nbsp; Series 2012-134, Class ZC | 2.50% | 12/25/42 | 18890291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1543343 | &nbsp;&nbsp;&nbsp; Series 2013-19, Class ZD | 3.50% | 03/25/43 | 1356036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6203000 | &nbsp;&nbsp;&nbsp; Series 2013-95, Class PY | 3.00% | 09/25/43 | 4844499 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4608245 | &nbsp;&nbsp;&nbsp; Series 2015-89, Class CZ | 4.00% | 08/25/45 | 4238920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7505801 | &nbsp;&nbsp;&nbsp; Series 2016-44, Class ZD | 3.00% | 07/25/46 | 6009500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7208539 | &nbsp;&nbsp;&nbsp; Series 2016-94, Class MB | 2.50% | 12/25/46 | 5515578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3152978 | &nbsp;&nbsp;&nbsp; Series 2018-76, Class ZL | 4.00% | 10/25/58 | 2858720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2324143 | &nbsp;&nbsp;&nbsp; Series 2018-84, Class ZM | 4.00% | 11/25/48 | 2149134 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2800000 | &nbsp;&nbsp;&nbsp; Series 2021-91, Class DB | 2.50% | 01/25/42 | 2190202 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8507213 | &nbsp;&nbsp;&nbsp; Series 2022-22, Class HZ | 2.50% | 05/25/52 | 5699782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1851418 | &nbsp;&nbsp;&nbsp; Series 2023-44, Class PO, PO | (c) | 10/25/53 | 1402766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10761714 | &nbsp;&nbsp;&nbsp; Series 2023-59, Class CZ | 2.50% | 11/25/49 | 7148090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 15500000 | &nbsp;&nbsp;&nbsp; Series 2024-6, Class AL | 2.00% | 03/25/44 | 11578523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10958590 | &nbsp;&nbsp;&nbsp; Series 2024-20, Class QZ | 4.00% | 10/25/45 | 9688184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10766347 | &nbsp;&nbsp;&nbsp; Series 2024-20, Class ZA | 4.00% | 10/25/45 | 9523599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4885251 | &nbsp;&nbsp;&nbsp; Series 2024-20, Class ZQ | 4.00% | 10/25/45 | 4227594 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12389472 | &nbsp;&nbsp;&nbsp; Series 2024-26, Class PO, PO | (c) | 05/25/54 | 9608448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13788456 | &nbsp;&nbsp;&nbsp; Series 2025-40, Class EZ | 4.50% | 11/25/48 | 11336490 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11657968 | &nbsp;&nbsp;&nbsp; Series 2025-44, Class CZ | 3.50% | 07/25/50 | 9216832 |
|  | Government National Mortgage Association |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1292000 | &nbsp;&nbsp;&nbsp; Series 2010-61, Class KE | 5.00% | 05/16/40 | 1279536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10547996 | &nbsp;&nbsp;&nbsp; Series 2014-26, Class MZ | 3.00% | 02/20/44 | 9289210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7297530 | &nbsp;&nbsp;&nbsp; Series 2014-94, Class Z | 4.50% | 01/20/44 | 7010507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2297823 | &nbsp;&nbsp;&nbsp; Series 2015-164, Class MZ | 3.00% | 09/20/45 | 1741055 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6000000 | &nbsp;&nbsp;&nbsp; Series 2016-83, Class BP | 3.00% | 06/20/46 | 4940315 |

---

------

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value**<br>| **Description** | **Stated**<br> **Coupon**<br>| **Stated**<br> **Maturity**<br>| **Value** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** | **Collateralized Mortgage Obligations (Continued)** | **Collateralized Mortgage Obligations (Continued)** |  |
|  | Government National Mortgage Association (Continued) |  |  |  |
| $4777122 | &nbsp;&nbsp;&nbsp; Series 2016-111, Class PB | 2.50% | 08/20/46 | $3445361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 11202838 | &nbsp;&nbsp;&nbsp; Series 2018-53, Class BZ | 3.50% | 04/20/48 | 9676867 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3510000 | &nbsp;&nbsp;&nbsp; Series 2022-30, Class AL | 3.00% | 02/20/52 | 2467958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13475374 | &nbsp;&nbsp;&nbsp; Series 2022-124, Class MY | 3.50% | 07/20/52 | 11433033 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10147137 | &nbsp;&nbsp;&nbsp; Series 2022-128, Class PN | 4.00% | 07/20/52 | 8911475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4775400 | &nbsp;&nbsp;&nbsp; Series 2022-137, Class JY | 4.00% | 08/20/52 | 4210505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3200000 | &nbsp;&nbsp;&nbsp; Series 2022-139, Class AL | 4.00% | 07/20/51 | 2861453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13700000 | &nbsp;&nbsp;&nbsp; Series 2023-81, Class YD | 4.00% | 06/20/53 | 12087979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 17060836 | &nbsp;&nbsp;&nbsp; Series 2023-164, Class AZ | 3.00% | 01/20/52 | 12123370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5187174 | &nbsp;&nbsp;&nbsp; Series 2024-1, Class ZE | 4.00% | 01/20/44 | 4668615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7771318 | &nbsp;&nbsp;&nbsp; Series 2024-1, Class ZH | 5.00% | 05/20/46 | 7770768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10246294 | &nbsp;&nbsp;&nbsp; Series 2024-43, Class EZ | 3.50% | 04/20/52 | 7643885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 19497438 | &nbsp;&nbsp;&nbsp; Series 2024-59, Class Z | 1.25% | 07/20/50 | 10716474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3263077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2025-83, Class SB, (30 Day Average SOFR) ×-2.50+ <br> 14.50% (d) | 3.63% | 05/20/55 | 3149814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2799094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2025-95, Class DC, (30 Day Average SOFR) ×-2.50+ <br> 14.63% (d) | 3.76% | 05/20/55 | 2538973 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4831060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2025-98, Class SX, (30 Day Average SOFR) ×-1.80+ <br> 10.44% (d) | 2.61% | 06/20/55 | 4183901 |
|  |  |  |  | 377506202 |
|  | **Commercial Mortgage-Backed Securities — 10.3%** | **Commercial Mortgage-Backed Securities — 10.3%** | **Commercial Mortgage-Backed Securities — 10.3%** |  |
|  | Federal Home Loan Mortgage Corporation Multiclass Certificates |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4722428 | &nbsp;&nbsp;&nbsp; Series 2020-RR14, Class X, IO (b) | 2.13% | 03/27/34 | 637546 |
|  | &nbsp;&nbsp; Federal Home Loan Mortgage Corporation Multifamily Structured <br> Pass Through Certificates |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3727000 | &nbsp;&nbsp;&nbsp; Series 2018-K155, Class A3 | 3.75% | 04/25/33 | 3522807 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1936000 | &nbsp;&nbsp;&nbsp; Series 2019-K095, Class XAM, IO (b) | 1.24% | 06/25/29 | 84693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2050000 | &nbsp;&nbsp;&nbsp; Series 2019-K1510, Class A3 | 3.79% | 01/25/34 | 1911571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 17092197 | &nbsp;&nbsp;&nbsp; Series 2019-K1511, Class X1, IO (b) | 0.77% | 03/25/34 | 781845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485000 | &nbsp;&nbsp;&nbsp; Series 2019-K1512, Class A3 | 3.06% | 04/25/34 | 428643 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1800000 | &nbsp;&nbsp;&nbsp; Series 2019-K1514, Class A2 | 2.86% | 10/25/34 | 1549005 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9960382 | &nbsp;&nbsp;&nbsp; Series 2020-K111, Class XAM, IO (b) | 1.80% | 05/25/30 | 748975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7550000 | &nbsp;&nbsp;&nbsp; Series 2020-K120, Class XAM, IO (b) | 1.21% | 10/25/30 | 415165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7596030 | &nbsp;&nbsp;&nbsp; Series 2020-K1515, Class X1, IO (b) | 1.51% | 02/25/35 | 741836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 18269887 | &nbsp;&nbsp;&nbsp; Series 2020-K1516, Class X1, IO (b) | 1.51% | 05/25/35 | 1933844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2142000 | &nbsp;&nbsp;&nbsp; Series 2020-K1517, Class A2 | 1.72% | 07/25/35 | 1647576 |
| &nbsp;&nbsp;&nbsp;&nbsp; 46064847 | &nbsp;&nbsp;&nbsp; Series 2021-K129, Class X1, IO (b) | 1.03% | 05/25/31 | 2062001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 25500000 | &nbsp;&nbsp;&nbsp; Series 2021-K131, Class XAM, IO (b) | 0.94% | 07/25/31 | 1251769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2570000 | &nbsp;&nbsp;&nbsp; Series 2021-K1519, Class A2 | 2.01% | 12/25/35 | 1989815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp; Series 2021-K1520, Class A2 | 2.44% | 02/25/36 | 4011803 |
| &nbsp;&nbsp; 186944000 | &nbsp;&nbsp;&nbsp; Series 2022-K140, Class XAM, IO (b) | 0.29% | 01/25/32 | 3311083 |
| &nbsp;&nbsp;&nbsp;&nbsp; 30502250 | &nbsp;&nbsp;&nbsp; Series 2022-K143, Class XAM, IO (b) | 0.39% | 04/25/55 | 729925 |
| &nbsp;&nbsp; 120803530 | &nbsp;&nbsp;&nbsp; Series 2023-K153, Class X1, IO (b) | 0.44% | 12/25/32 | 3633383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp; Series 2023-KG08, Class A2 | 4.13% | 05/25/33 | 4856494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 37000000 | &nbsp;&nbsp;&nbsp; Series 2024-K165, Class XAM, IO (b) | 0.91% | 09/25/34 | 2572384 |
| &nbsp;&nbsp; 116051000 | &nbsp;&nbsp;&nbsp; Series 2024-K167, Class XAM, IO (b) | 0.37% | 11/25/34 | 3726165 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10000000 | &nbsp;&nbsp;&nbsp; Series 2024-KJ52, Class A2 | 4.76% | 01/25/32 | 10072984 |

---

------

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value**<br>| **Description** | **Stated**<br> **Coupon**<br>| **Stated**<br> **Maturity**<br>| **Value** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** |  |
|  | &nbsp;&nbsp; Federal National Mortgage Association Alternative Credit <br> Enhancement Securities |  |  |  |
| $13232054 | &nbsp;&nbsp;&nbsp; Series 2024-M3, Class Z (b) | 4.55% | 04/25/53 | $10697994 |
|  | Government National Mortgage Association |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 934997 | &nbsp;&nbsp;&nbsp; Series 2020-159, Class Z (e) | 2.50% | 10/16/62 | 329630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 513647 | &nbsp;&nbsp;&nbsp; Series 2020-197, Class Z (b) | 2.25% | 10/16/62 | 154206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221265 | &nbsp;&nbsp;&nbsp; Series 2021-4, Class Z (b) | 2.00% | 09/16/62 | 58103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 951819 | &nbsp;&nbsp;&nbsp; Series 2021-28, Class Z (b) | 2.00% | 10/16/62 | 281520 |
|  |  |  |  | 64142765 |
|  | **Pass-Through Securities — 13.7%** | **Pass-Through Securities — 13.7%** | **Pass-Through Securities — 13.7%** |  |
|  | Federal Home Loan Mortgage Corporation | Federal Home Loan Mortgage Corporation | Federal Home Loan Mortgage Corporation | Federal Home Loan Mortgage Corporation |
| &nbsp;&nbsp;&nbsp;&nbsp; 1157876 | &nbsp;&nbsp;&nbsp; Pool QB1397  | 2.50% | 07/01/50 | 951888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12098990 | &nbsp;&nbsp;&nbsp; Pool SD7509  | 3.00% | 11/01/49 | 10618417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16613636 | &nbsp;&nbsp;&nbsp; Pool SD7550  | 3.00% | 02/01/52 | 14507828 |
|  | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp;&nbsp;&nbsp; 15684550 | &nbsp;&nbsp;&nbsp; Pool AL9394  | 3.00% | 11/01/46 | 13695152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4956696 | &nbsp;&nbsp;&nbsp; Pool BM7421  | 2.00% | 03/01/51 | 3793796 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3998451 | &nbsp;&nbsp;&nbsp; Pool FM9134  | 3.00% | 06/01/51 | 3505826 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13761336 | &nbsp;&nbsp;&nbsp; Pool FM9712  | 3.50% | 11/01/50 | 12569735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7207858 | &nbsp;&nbsp;&nbsp; Pool FS2459  | 3.00% | 02/01/52 | 6331560 |
| &nbsp;&nbsp;&nbsp;&nbsp; 15803458 | &nbsp;&nbsp;&nbsp; Pool FS3478  | 3.00% | 12/01/51 | 13558419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7700193 | &nbsp;&nbsp;&nbsp; Pool MA4025  | 2.50% | 05/01/50 | 6230184 |
|  |  |  |  | 85762805 |
|  | **Total U.S. Government Agency Mortgage-Backed Securities** | **Total U.S. Government Agency Mortgage-Backed Securities** | **Total U.S. Government Agency Mortgage-Backed Securities** | 527411772 |
|  | (Cost $535,563,071) | (Cost $535,563,071) | (Cost $535,563,071) |  |
| **U.S. GOVERNMENT BONDS AND NOTES — 10.0%** | **U.S. GOVERNMENT BONDS AND NOTES — 10.0%** | **U.S. GOVERNMENT BONDS AND NOTES — 10.0%** | **U.S. GOVERNMENT BONDS AND NOTES — 10.0%** | **U.S. GOVERNMENT BONDS AND NOTES — 10.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 13100000 | U.S. Treasury Bond (f) | 2.25% | 08/15/46 | 8485832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7400000 | U.S. Treasury Bond  | 3.00% | 02/15/47 | 5494500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7000000 | U.S. Treasury Bond  | 2.75% | 08/15/47 | 4931172 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10000000 | U.S. Treasury Bond  | 2.75% | 11/15/47 | 7027344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8000000 | U.S. Treasury Bond  | 3.00% | 02/15/48 | 5875937 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5300000 | U.S. Treasury Bond  | 3.00% | 08/15/48 | 3874797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2500000 | U.S. Treasury Bond  | 3.00% | 02/15/49 | 1819336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10650000 | U.S. Treasury Bond  | 2.25% | 08/15/49 | 6592184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2000000 | U.S. Treasury Bond, STRIPS  | (c) | 11/15/40 | 969854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5000000 | U.S. Treasury Bond, STRIPS  | (c) | 02/15/41 | 2392776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3400000 | U.S. Treasury Bond, STRIPS  | (c) | 08/15/41 | 1578372 |
| &nbsp;&nbsp;&nbsp;&nbsp; 13000000 | U.S. Treasury Bond, STRIPS  | (c) | 11/15/41 | 5925665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2000000 | U.S. Treasury Bond, STRIPS  | (c) | 05/15/42 | 884448 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5000000 | U.S. Treasury Bond, STRIPS  | (c) | 08/15/42 | 2178313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5000000 | U.S. Treasury Bond, STRIPS  | (c) | 11/15/42 | 2145609 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6300000 | U.S. Treasury Bond, STRIPS  | (c) | 08/15/43 | 2595554 |
|  | **Total U.S. Government Bonds and Notes** | **Total U.S. Government Bonds and Notes** | **Total U.S. Government Bonds and Notes** | 62771693 |
|  | (Cost $63,073,562) | (Cost $63,073,562) | (Cost $63,073,562) |  |
| **U.S. GOVERNMENT AGENCY SECURITIES — 4.5%** | **U.S. GOVERNMENT AGENCY SECURITIES — 4.5%** | **U.S. GOVERNMENT AGENCY SECURITIES — 4.5%** | **U.S. GOVERNMENT AGENCY SECURITIES — 4.5%** | **U.S. GOVERNMENT AGENCY SECURITIES — 4.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6329000 | Tennessee Valley Authority  | 4.25% | 09/15/52 | 5241562 |

---

------

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value**<br>| **Description** | **Stated**<br> **Coupon**<br>| **Stated**<br> **Maturity**<br>| **Value** |
| **U.S. GOVERNMENT AGENCY SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY SECURITIES (Continued)** |
| $13160000 | Tennessee Valley Authority  | 5.25% | 02/01/55 | $12771784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10000000 | Tennessee Valley Authority  | 5.38% | 04/01/56 | 9906047 |
|  | **Total U.S. Government Agency Securities** | **Total U.S. Government Agency Securities** | **Total U.S. Government Agency Securities** | 27919393 |
|  | (Cost $29,337,205) | (Cost $29,337,205) | (Cost $29,337,205) |  |

---

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **EXCHANGE-TRADED FUNDS — 0.2%** | **EXCHANGE-TRADED FUNDS — 0.2%** | **EXCHANGE-TRADED FUNDS — 0.2%** |
|  | **Capital Markets — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60000 | First Trust Intermediate Government Opportunities ETF (g) | 1201800 |
|  | (Cost $1,187,752) |  |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4238948 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 4.16% (h) | 4238948 |
|  | (Cost $4,238,948) |  |
|  | **Total Investments — 99.7%** | 623543606 |
|  | (Cost $633,400,538) |  |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of** <br>**Contracts**<br>| **Description** | **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** |
|  | **Call Options Purchased — 0.0%** | **Call Options Purchased — 0.0%** | **Call Options Purchased — 0.0%** | **Call Options Purchased — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50 | U.S. 2-Year Treasury Futures Call  | $10373047 | $104.00 | 11/21/25 | 25781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | U.S. 2-Year Treasury Futures Call  | 20746094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104.75 | 11/21/25 | 20313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | U.S. 5-Year Treasury Futures Call  | 10817188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110.00 | 08/22/25 | 3906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | U.S. 5-Year Treasury Futures Call  | 10832031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110.00 | 11/21/25 | 35156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 292 | U.S. 5-Year Treasury Futures Call  | 31629531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112.00 | 11/21/25 | 34219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75 | U.S. 10-Year Treasury Futures Call  | 8329688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112.00 | 09/26/25 | 42188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 | U.S. 10-Year Treasury Futures Call  | 11106250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113.00 | 09/26/25 | 31250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25 | U.S. Treasury Long Bond Futures Call  | 2845313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116.00 | 09/26/25 | 26953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 | U.S. Treasury Long Bond Futures Call  | 227625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117.00 | 09/26/25 | 1594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50 | U.S. Treasury Long Bond Futures Call  | 5690625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 126.00 | 09/26/25 | 3906 |
|  | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | 225266 |
|  | (Cost $305,921) | (Cost $305,921) | (Cost $305,921) | (Cost $305,921) |  |

---

&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 AGENCY MORTGAGE-BACKED SECURITIES SOLD SHORT — (1.6)%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES SOLD SHORT — (1.6)%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES SOLD SHORT — (1.6)%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES SOLD SHORT — (1.6)%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES SOLD SHORT — (1.6)%** |
|  | **Pass-Through Securities — (1.6)%** | **Pass-Through Securities — (1.6)%** | **Pass-Through Securities — (1.6)%** |  |
|  | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |  |
| $(10000000) | &nbsp;&nbsp;&nbsp; Pool TBA  | 6.00% | 08/15/55 | (10139781)<br>|
|  | **Total Investments Sold Short — (1.6)%** | **Total Investments Sold Short — (1.6)%** | **Total Investments Sold Short — (1.6)%** | (10139781)<br>|
|  | (Proceeds $10,124,023) | (Proceeds $10,124,023) | (Proceeds $10,124,023) |  |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of** <br>**Contracts**<br>| **Description** | **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** | **WRITTEN OPTIONS — (0.1)%** |
|  | **Call Options Written — (0.0)%** | **Call Options Written — (0.0)%** | **Call Options Written — (0.0)%** | **Call Options Written — (0.0)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (71) | 3 Month SOFR Futures Call  | $(17159813)<br>| $97.50 | 12/10/27 | (46150)<br>|
|  | (Premiums received $47,026) |  |  |  |  |

---

------

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of**<br> **Contracts**<br>| **Description** | **Notional**<br> **Amount**<br>| **Exercise**<br> **Price**<br>| **Expiration**<br> **Date**<br>| **Value** |
| **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** |
|  | **Put Options Written — (0.1)%** | **Put Options Written — (0.1)%** | **Put Options Written — (0.1)%** | **Put Options Written — (0.1)%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (250) | 3 Month SOFR Futures Put  | $(60112500)<br>| $96.00 | 03/13/26 | $(87500)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | 3 Month SOFR Futures Put  | (24181250)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95.00 | 12/11/26 | (11250)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | 3 Month SOFR Futures Put  | (24181250)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95.75 | 12/11/26 | (26875)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | 3 Month SOFR Futures Put  | (24168750)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95.00 | 12/10/27 | (36250)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (71) | 3 Month SOFR Futures Put  | (17159813)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95.50 | 12/10/27 | (37719)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | U.S. 2-Year Treasury Futures Put  | (20746094)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103.50 | 11/21/25 | (50000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | U.S. 5-Year Treasury Futures Put  | (10832031)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105.50 | 11/21/25 | (11719)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (150) | U.S. 5-Year Treasury Futures Put  | (16248047)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106.00 | 11/21/25 | (25781)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | U.S. 5-Year Treasury Futures Put  | (10832031)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106.50 | 11/21/25 | (25000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (200) | U.S. 10-Year Treasury Futures Put  | (22212500)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106.50 | 11/21/25 | (40625)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50) | U.S. 10-Year Treasury Futures Put  | (5553125)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108.00 | 11/21/25 | (19531)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | U.S. 10-Year Treasury Futures Put  | (11106250)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108.50 | 11/21/25 | (48438)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | U.S. 10-Year Treasury Futures Put  | (11092188)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106.50 | 02/20/26 | (50000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | U.S. 10-Year Treasury Futures Put  | (11092188)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108.00 | 02/20/26 | (79688)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50) | U.S. Treasury Long Bond Futures Put  | (5690625)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103.00 | 11/21/25 | (19531)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50) | U.S. Treasury Long Bond Futures Put  | (5690625)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106.00 | 11/21/25 | (34375)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50) | U.S. Treasury Long Bond Futures Put  | (5690625)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108.00 | 11/21/25 | (50781)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100) | Ultra 10-Year U.S. Treasury Futures Put  | (11310938)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109.00 | 11/21/25 | (50000)<br>|
|  | **Total Put Options Written** | **Total Put Options Written** | **Total Put Options Written** | **Total Put Options Written** | (705063)<br>|
|  | (Premiums received $1,266,140) | (Premiums received $1,266,140) | (Premiums received $1,266,140) | (Premiums received $1,266,140) |  |
|  | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | (751213)<br>|
|  | (Premiums received $1,313,166) | (Premiums received $1,313,166) | (Premiums received $1,313,166) | (Premiums received $1,313,166) |  |
|  | **Net Other Assets and Liabilities — 2.0%** | **Net Other Assets and Liabilities — 2.0%** | **Net Other Assets and Liabilities — 2.0%** | **Net Other Assets and Liabilities — 2.0%** | 12737711 |
|  | **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | $625615589 |

---

**Futures Contracts at July 31, 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>|
| U.S. 2-Year Treasury Notes | 490 | Sep-2025 | &nbsp;&nbsp; $101422344 | &nbsp;&nbsp; $(119381)<br>|
| U.S. 5-Year Treasury Notes | 1516 | Sep-2025 | &nbsp;&nbsp; 163988563 | &nbsp;&nbsp; 477257 |
| U.S. 10-Year Treasury Notes | 1164 | Sep-2025 | &nbsp;&nbsp; 129276750 | &nbsp;&nbsp; 577391 |
| Ultra U.S. Treasury Bond Futures | 596 | Sep-2025 | &nbsp;&nbsp; 69918250 | &nbsp;&nbsp; 842215 |
|  |  |  | &nbsp;&nbsp; $464605907 | &nbsp;&nbsp; $1777482 |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures Contracts Short** |  |  |  |  |
| U.S. Treasury Long Bond Futures | 1444 | Sep-2025 | &nbsp;&nbsp; $(164886750)<br>| &nbsp;&nbsp; $(2304947)<br>|
| Ultra 10-Year U.S. Treasury Notes | 860 | Sep-2025 | &nbsp;&nbsp; (97247188)<br>| &nbsp;&nbsp; (581583)<br>|
|  |  |  | &nbsp;&nbsp; $(262133938)<br>| &nbsp;&nbsp; $(2886530)<br>|
|  |  | &nbsp;&nbsp; Total | &nbsp;&nbsp; $202471969 | &nbsp;&nbsp; $(1109048)<br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) This security, sold within the terms of a private placement memorandum, is exempt
 from registration upon resale under Rule 144A of the Securities Act of 1933, as amended, and may be resold in transactions
 exempt from registration, normally to qualified institutional buyers. Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be liquid by First Trust Advisors L.P., the Fund's advisor. Although market instability can result in periods of increased overall market illiquidity, liquidity for each security is determined based on security specific
 factors and assumptions, which require subjective judgment. At July 31, 2025, securities noted as such amounted to $15,002,684
 or 2.4% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Collateral Strip Rate security. Coupon is based on the weighted net interest rate of the investment's underlying collateral. The interest rate resets periodically.

------

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

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

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

&nbsp;&nbsp;&nbsp;&nbsp;(d) Inverse floating rate security.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Weighted Average Coupon security. Coupon is based on the blended interest rate of
 the underlying holdings, which may have different coupons. The coupon may change in any period.

&nbsp;&nbsp;&nbsp;&nbsp;(f) All or a portion of this security is segregated as collateral for open futures and
 options contracts. At July 31, 2025, the segregated value of this security amounts to $7,773,281.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Investment in an affiliated fund.

&nbsp;&nbsp;&nbsp;&nbsp;(h) 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: |
| IO | – Interest-Only Security - Principal amount shown represents par value on which interest payments are based |
| PO | – Principal-Only Security |
| SOFR | – Secured Overnight Financing Rate |
| STRIPS | – Separate Trading of Registered Interest and Principal of Securities |
| TBA | – To-Be-Announced Security |

---

------

**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 July 31, 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>**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>|
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Mortgage-Backed <br> Securities<br>| $527411772 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $527411772 | &nbsp;&nbsp; $— |
| U.S. Government Bonds and Notes | 62771693 | &nbsp;&nbsp; — | &nbsp;&nbsp; 62771693 | &nbsp;&nbsp; — |
| U.S. Government Agency Securities | 27919393 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27919393 | &nbsp;&nbsp; — |
| Exchange-Traded Funds\* | 1201800 | &nbsp;&nbsp; 1201800 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Money Market Funds | 4238948 | &nbsp;&nbsp; 4238948 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | 623543606 | &nbsp;&nbsp; 5440748 | &nbsp;&nbsp; 618102858 | &nbsp;&nbsp; — |
| Purchased Options | 225266 | &nbsp;&nbsp; 225266 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Futures Contracts | 1896863 | &nbsp;&nbsp; 1896863 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total | $625665735 | &nbsp;&nbsp; $7562877 | &nbsp;&nbsp; $618102858 | &nbsp;&nbsp; $— |

---

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

------

**First Trust Long Duration Opportunities ETF (LGOV)**

**Portfolio of Investments (Continued)**

**July 31, 2025 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **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>|
| &nbsp;&nbsp;&nbsp; U.S. Government Agency Mortgage-Backed <br> Securities Sold Short<br>| $(10139781)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(10139781)<br>| &nbsp;&nbsp; $— |
| Written Options | (751213)<br>| &nbsp;&nbsp; (751213)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Futures Contracts | (3005911)<br>| &nbsp;&nbsp; (3005911)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total | $(13896905)<br>| &nbsp;&nbsp; $(3757124)<br>| &nbsp;&nbsp; $(10139781)<br>| &nbsp;&nbsp; $— |

---

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

\* See Portfolio of Investments for industry breakout.

------

**Affiliated Transactions**

Amounts relating to investments in affiliated funds at July 31, 2025, and for the fiscal year-to-date period (November 1, 2024 to July 31, 2025) are as follows:

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>7/31/2025<br>| Value at <br>10/31/2024<br>| Purchases | Sales | Change in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Realized <br>Gain <br>(Loss)<br>| Value at <br>7/31/2025<br>| Dividend <br>Income<br>|
| &nbsp;&nbsp;&nbsp; First Trust Intermediate Government <br> Opportunities ETF<br>| 60000 | $396100 | $809192 | $— | $(3492)<br>| $— | $1201800 | $26525 |

---

------

## 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 IV

- **b. Investment Company Act file number:** 811-22559

- **c. CIK number of Registrant:** 0001517936

- **d. LEI of Registrant:** 5493006CBTW7P2B31B80

- **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 Long Duration Opportunities ETF

- **b. EDGAR series identifier (if any):** S000064087

- **c. LEI of Series:** 54930081NDDOB374EM36

**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:** $642146015.25

**Total Liabilities:** $16530427.79

**Net Assets:** $625615587.46

**Stand-by Commitments:** $4995494.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.01907000 | **1-Year:** 2799.52043000 | **5-Year:** 98597.67231000 | **10-Year:** 358375.98720000 | **30-Year:** 66868.53591000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 2906.13585000 | **10-Year:** 3864.91692000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000207230 | -1.61%               | 2.14%                | -0.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $150190.75               | $-14485225.15                              |
| Month 2  | $501734.37               | $11639148.33                               |
| Month 3  | $-1287380.88             | $-6648317.42                               |

**Designated Index Information**

- **Index Name:** BLOOMBERG BARCLAYS U.S. TREASURY: LONG:USD:Total Return (50%) BLOOMBERG BARCLAYS U.S. TREASURY: 5-10 YR:USD:Total Return (50%)

- **Index Identifier:** LUTLTRUU Index & LT51TRUU 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO MERCANTILE EXCHANGE INC.                      | THREE-MONTH SOFR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-11250.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HHUT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10000000 | PA      | $10072984.00  | 1.61%             | 2032-01-25      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H6BS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6408508 | PA      | $3901740.61   | 0.62%             | 2052-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136AULL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7208539 | PA      | $5515578.29   | 0.88%             | 2046-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real E                        | FARM 2024-1 Mortgage Trust                                   | CUSIP: 30335JAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3750000 | PA      | $3343324.50   | 0.53%             | 2053-10-01      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $7027343.80   | 1.12%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810SJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10650000 | PA      | $6592183.65   | 1.05%             | 2049-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38385GUG2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2799094 | PA      | $2538973.16   | 0.41%             | 2055-05-20      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38383UAF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10147137 | PA      | $8911475.48   | 1.42%             | 2052-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136AQYA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4608245 | PA      | $4238919.82   | 0.68%             | 2045-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | U.S. TREASURY BOND                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        50 | NC      | $3906.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38384KNP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10246294 | PA      | $7643884.61   | 1.22%             | 2052-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FNAJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1936000 | PA      | $84692.64     | 0.01%             | 2029-06-25      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136B3MR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2324143 | PA      | $2149133.85   | 0.34%             | 2048-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                      | THREE-MONTH SOFR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       -71 | NC      | $-37718.75    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 3138ERNL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15684550 | PA      | $13695151.78  | 2.19%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 2 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       100 | NC      | $20312.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38380RCF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    934997 | PA      | $329629.80    | 0.05%             | 2062-10-16      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FLYL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17092197 | PA      | $781844.96    | 0.12%             | 2034-03-25      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $1819335.95   | 0.29%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137FDBN1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3323850 | PA      | $2986178.54   | 0.48%             | 2048-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 5 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       100 | NC      | $3906.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                      | THREE-MONTH SOFR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       -71 | NC      | $-46150.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H64E2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17724729 | PA      | $11962120.32  | 1.91%             | 2051-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H2NA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  25500000 | PA      | $1251769.50   | 0.20%             | 2031-07-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38380RHY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    513647 | PA      | $154205.89    | 0.02%             | 2062-10-16      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BWGD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13788456 | PA      | $11336490.37  | 1.81%             | 2048-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38379FDE6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2297823 | PA      | $1741055.51   | 0.28%             | 2045-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38379ARU6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  10547996 | PA      | $9289209.56   | 1.48%             | 2044-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        75 | NC      | $42187.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FL2M5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2050000 | PA      | $1911570.88   | 0.31%             | 2034-01-25      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $2392776.55   | 0.38%             | 2041-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H84M0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6180983 | PA      | $4963943.19   | 0.79%             | 2043-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 5 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-11718.80    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 2 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        50 | NC      | $25781.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F72T1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7550000 | PA      | $415164.69    | 0.07%             | 2030-10-25      | Variable      | 1.21%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13100000 | PA      | $8485832.06   | 1.36%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137BJGZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3932064 | PA      | $3292922.73   | 0.53%             | 2043-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38383M3M8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3200000 | PA      | $2861452.80   | 0.46%             | 2051-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | U.S. TREASURY BOND                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         2 | NC      | $1593.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae or Freddie Mac                             | Fannie Mae or Freddie Mac                                    | CUSIP: 01F060683<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        | -10000000 | PA      | $-10139780.80 | -1.62%            | 2055-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BQLA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1851418 | PA      | $1402766.46   | 0.22%             | 2053-10-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | U.S. TREASURY BOND                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -50 | NC      | $-19531.25    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $2145608.90   | 0.34%             | 2042-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13000000 | PA      | $5925664.68   | 0.95%             | 2041-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38380RXV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    951819 | PA      | $281519.78    | 0.04%             | 2062-10-16      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8000000 | PA      | $5875937.52   | 0.94%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                      | THREE-MONTH SOFR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -250 | NC      | $-87500.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $969854.30    | 0.16%             | 2040-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38377FDG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1292000 | PA      | $1279536.21   | 0.20%             | 2040-05-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -200 | NC      | $-40625.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BQXE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10761714 | PA      | $7148089.70   | 1.14%             | 2049-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $884448.60    | 0.14%             | 2042-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 5 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       292 | NC      | $34218.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H9PD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 120803530 | PA      | $3633383.62   | 0.58%             | 2032-12-25      | Variable      | 0.44%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       100 | NC      | $31250.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 3140XDEG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3998451 | PA      | $3505825.82   | 0.56%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136ACLY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1543343 | PA      | $1356036.20   | 0.22%             | 2043-03-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                 | Tennessee Valley Authority                                   | CUSIP: 880591EY4<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   6329000 | PA      | $5241561.60   | 0.84%             | 2052-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BK3V2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2800000 | PA      | $2190201.72   | 0.35%             | 2042-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | U.S. TREASURY BOND                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -50 | NC      | $-34375.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FWHF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2142000 | PA      | $1647575.85   | 0.26%             | 2035-07-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38384H3U0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5187174 | PA      | $4668614.78   | 0.75%             | 2044-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 31418DPK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7700193 | PA      | $6230184.02   | 1.00%             | 2050-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F8TF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2570000 | PA      | $1989815.30   | 0.32%             | 2035-12-25      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-50000.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. ULTRA TREASURY BOND                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-50000.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38379XMH0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6000000 | PA      | $4940314.80   | 0.79%             | 2046-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 3140XJ2L6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15803458 | PA      | $13558419.02  | 2.17%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | US 2YR NOTE (CBT)                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       490 | NC      | $-119381.08   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38379YU97<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4777122 | PA      | $3445360.71   | 0.55%             | 2046-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac Pool                                             | CUSIP: 3133A7RS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1157876 | PA      | $951887.65    | 0.15%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 3140JCG73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4956696 | PA      | $3793795.69   | 0.61%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| First Trust Intermediate Government Opportunities ETF | First Trust Intermediate Government Opportunities ETF        | CUSIP: 33738D838<br>LEI: 5493000G9GN9OLNUML64 | Long             | EC               | RF                | US        |     60000 | NS      | $1201800.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fanniemae-Aces                                        | Fannie Mae-Aces                                              | CUSIP: 3136BRLB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13232054 | PA      | $10697993.87  | 1.71%             | 2053-04-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137BYCJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4786215 | PA      | $4236744.75   | 0.68%             | 2047-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136AAWE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  24575556 | PA      | $18890291.40  | 3.02%             | 2042-12-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FQJZ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1800000 | PA      | $1549004.76   | 0.25%             | 2034-10-25      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multiclass Certifi                        | Freddie Mac Multiclass Certificates Series 2020-RR14         | CUSIP: 3137F85E9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4722428 | PA      | $637545.73    | 0.10%             | 2034-03-27      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 3140XDYJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  13761336 | PA      | $12569735.45  | 2.01%             | 2050-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                 | Tennessee Valley Authority                                   | CUSIP: 880591FC1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  13160000 | PA      | $12771783.68  | 2.04%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H9U56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  22375963 | PA      | $15922726.51  | 2.55%             | 2052-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38384MJ32<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  19497438 | PA      | $10716474.13  | 1.71%             | 2050-07-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38383F4Q3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3510000 | PA      | $2467957.87   | 0.39%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FMTT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    485000 | PA      | $428643.53    | 0.07%             | 2034-04-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FYTX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5000000 | PA      | $4011803.00   | 0.64%             | 2036-02-25      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BML30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8507213 | PA      | $5699782.48   | 0.91%             | 2052-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac Pool                                             | CUSIP: 3132DVKW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12098990 | PA      | $10618416.62  | 1.70%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 5 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       100 | NC      | $35156.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BRT64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10958590 | PA      | $9688183.59   | 1.55%             | 2045-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38384D2N6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  17060836 | PA      | $12123370.39  | 1.94%             | 2052-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FUZG2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   9960382 | PA      | $748974.91    | 0.12%             | 2030-05-25      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SLST                                    | Seasoned Loans Structured Transaction Trust Series 2024-2    | CUSIP: 35564CN45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  10000000 | PA      | $8621152.00   | 1.38%             | 2034-10-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BRX77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4885251 | PA      | $4227593.69   | 0.68%             | 2045-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810RV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7400000 | PA      | $5494500.00   | 0.88%             | 2047-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136B3GG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3152978 | PA      | $2858719.69   | 0.46%             | 2058-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                      | THREE-MONTH SOFR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-26875.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38383UA34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4775400 | PA      | $4210505.04   | 0.67%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BWCX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  11657968 | PA      | $9216831.81   | 1.47%             | 2050-07-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                 | Tennessee Valley Authority                                   | CUSIP: 880591DZ2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  10000000 | PA      | $9906047.60   | 1.58%             | 2056-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $2178312.75   | 0.35%             | 2042-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-48437.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137FPGS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4752762 | PA      | $3458083.97   | 0.55%             | 2049-10-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38380V6E6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  11202838 | PA      | $9676866.68   | 1.55%             | 2048-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 5 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -150 | NC      | $-25781.25    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HAD86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5000000 | PA      | $4856494.00   | 0.78%             | 2033-05-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38385GPR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3263077 | PA      | $3149814.49   | 0.50%             | 2055-05-20      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H7G72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7420000 | PA      | $6659562.04   | 1.06%             | 2052-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H25R1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3726229 | PA      | $2190300.16   | 0.35%             | 2051-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5300000 | PA      | $3874796.88   | 0.62%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Farmer Mac Agricultural Real E                        | FARM 2024-2 Mortgage Trust                                   | CUSIP: 307910AB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3250000 | PA      | $3038207.90   | 0.49%             | 2054-08-01      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                      | THREE-MONTH SOFR                                             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-36250.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac Pool                                             | CUSIP: 3132DVL78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  16613636 | PA      | $14507827.76  | 2.32%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H6M51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 186944000 | PA      | $3311082.96   | 0.53%             | 2032-01-25      | Variable      | 0.29%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FG6T7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3727000 | PA      | $3522806.99   | 0.56%             | 2033-04-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137FC6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4442000 | PA      | $3505072.48   | 0.56%             | 2047-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H74E0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  30502250 | PA      | $729924.94    | 0.12%             | 2055-04-25      | Variable      | 0.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38384BJS1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  13700000 | PA      | $12087978.54  | 1.93%             | 2053-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BRX93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  10766347 | PA      | $9523598.62   | 1.52%             | 2045-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BQ2K4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15500000 | PA      | $11578523.25  | 1.85%             | 2044-03-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136AS3P9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7505801 | PA      | $6009500.08   | 0.96%             | 2046-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | U.S. TREASURY BOND                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        25 | NC      | $26953.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H1RD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7775783 | PA      | $4626279.63   | 0.74%             | 2051-08-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HHUL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        | 116051000 | PA      | $3726165.51   | 0.60%             | 2034-11-25      | Variable      | 0.37%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H13R5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  46064847 | PA      | $2062000.75   | 0.33%             | 2031-05-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 31394FED3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1111685 | PA      | $1177443.53   | 0.19%             | 2035-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38384H6T0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7771318 | PA      | $7770767.63   | 1.24%             | 2046-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 5 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-25000.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | US ULTRA BOND CBT                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       596 | NC      | $842215.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 2 YEAR U.S. TREASURY NOTE                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-50000.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -100 | NC      | $-79687.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38380RSB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    221265 | PA      | $58103.11     | 0.01%             | 2062-09-16      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - SLST                                    | Seasoned Loans Structured Transaction Trust Series 2025-1    | CUSIP: 35564CUE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  12000000 | PA      | $10162825.20  | 1.62%             | 2035-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                       | United States Treasury Note/Bond                             | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $4931171.84   | 0.79%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H4YR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13019844 | PA      | $7116194.72   | 1.14%             | 2052-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae Pool                                              | CUSIP: 3140XHWV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7207858 | PA      | $6331560.46   | 1.01%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | US 5YR NOTE (CBT)                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      1516 | NC      | $477256.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | US LONG BOND(CBT)                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |     -1444 | NC      | $-2304947.10  | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136BRVQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12389472 | PA      | $9608448.02   | 1.54%             | 2054-05-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MSILF Treasury Portfolio                              | MSILF Treasury Portfolio                                     | CUSIP: 61747C582<br>LEI: 549300D1XR6GP7EZ0T47 | Long             | STIV             | RF                | US        |   4238948 | NS      | $4238948.03   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FUZK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  18269887 | PA      | $1933843.83   | 0.31%             | 2035-05-25      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38381NPY8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4831060 | PA      | $4183900.73   | 0.67%             | 2055-06-20      | Floating      | 2.61%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | 10 YEAR U.S. TREASURY NOTE                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -50 | NC      | $-19531.25    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137HHJ44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  37000000 | PA      | $2572384.30   | 0.41%             | 2034-09-25      | Variable      | 0.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137H6X83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  13338822 | PA      | $11384164.36  | 1.82%             | 2052-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                           | Freddie Mac REMICS                                           | CUSIP: 3137BKYF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6222568 | PA      | $5322973.78   | 0.85%             | 2045-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38383T5C3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  13475374 | PA      | $11433032.84  | 1.83%             | 2052-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | US 10YR NOTE (CBT)                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      1164 | NC      | $577391.37    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803DT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3400000 | PA      | $1578371.73   | 0.25%             | 2041-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                            | Fannie Mae REMICS                                            | CUSIP: 3136AGBX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   6203000 | PA      | $4844498.96   | 0.77%             | 2043-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | US 10YR ULTRA                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -860 | NC      | $-581582.70   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| STRIP PRINC                                           | United States Treasury Strip Principal                       | CUSIP: 912803ED1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6300000 | PA      | $2595554.20   | 0.41%             | 2043-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A                        | Government National Mortgage Association                     | CUSIP: 38379CA89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   7297530 | PA      | $7010507.26   | 1.12%             | 2044-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P                        | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FTZM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7596030 | PA      | $741835.91    | 0.12%             | 2035-02-25      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.           | U.S. TREASURY BOND                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -50 | NC      | $-50781.25    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

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