# EDGAR Filing Document

**Accession Number:** 0001667919
**File Stem:** 0001752724-23-016984
**Filing Date:** 2023-1
**Character Count:** 650208
**Document Hash:** dfcc985ebd8e55610fdbca381b647970
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-016984.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-016984

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND VIII
- **CENTRAL INDEX KEY:** 0001667919
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23147
- **FILM NUMBER:** 23564520

**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

### FT Cboe Vest Fund of Deep Buffer ETFs (Series ID: S000070644)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000224383 | FT Cboe Vest Fund of Deep Buffer ETFs | BUFD            |

## Nport-Ex

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 36.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 36.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 36.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 36.0%** | |
| | **Collateralized Mortgage Obligations — 0.2%** | **Collateralized Mortgage Obligations — 0.2%** | **Collateralized Mortgage Obligations — 0.2%** | |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| $276786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-4656, Class EZ | 4.00% | 02/15/47 | $259584 |
|  | Federal National Mortgage Association |  |  |  |
| 1811068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-20, Class ZT | 3.50% | 03/25/42 | 1695993 |
| 1948092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-84, Class VZ | 3.50% | 08/25/42 | 1813033 |
| 235868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-38, Class PA | 3.50% | 06/25/47 | 226454 |
| 662865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-43, Class CT | 3.00% | 06/25/48 | 593579 |
| 176980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-86, Class JA | 4.00% | 05/25/47 | 171643 |
| 86008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-94, Class KD | 3.50% | 12/25/48 | 81035 |
| 101928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1, Class KP | 3.25% | 02/25/49 | 94445 |
| 62323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-20, Class BA | 3.50% | 02/25/48 | 60555 |
| 49086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-52, Class PA | 3.00% | 09/25/49 | 43203 |
|  | Government National Mortgage Association |  |  |  |
| 179728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-115, Class DE | 3.50% | 08/20/48 | 171279 |
| 202098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-124, Class NW | 3.50% | 09/20/48 | 192584 |
| 354822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-12, Class QA | 3.50% | 09/20/48 | 341055 |
| 28026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-71, Class PT | 3.00% | 06/20/49 | 25922 |
| 383108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-119, Class JE | 3.00% | 09/20/49 | 347612 |
|  |  |  |  | 6117976 |
|  | **Pass-through Securities — 35.8%** |  |  |  |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| 58891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool C91981 | 3.00% | 02/01/38 | 55205 |
| 52943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G07961 | 3.50% | 03/01/45 | 49846 |
| 50805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08692 | 3.00% | 02/01/46 | 46068 |
| 1474845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08715 | 3.00% | 08/01/46 | 1336179 |
| 29156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08721 | 3.00% | 09/01/46 | 26404 |
| 334621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08726 | 3.00% | 10/01/46 | 303626 |
| 809993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08732 | 3.00% | 11/01/46 | 730826 |
| 106417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08738 | 3.50% | 12/01/46 | 99718 |
| 211701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08741 | 3.00% | 01/01/47 | 191338 |
| 147947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08747 | 3.00% | 02/01/47 | 133711 |
| 103697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08748 | 3.50% | 02/01/47 | 97340 |
| 479855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08750 | 3.00% | 03/01/47 | 433509 |
| 112836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08766 | 3.50% | 06/01/47 | 105698 |
| 299468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08788 | 3.50% | 11/01/47 | 280307 |
| 991970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08792 | 3.50% | 12/01/47 | 928396 |
| 134424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08800 | 3.50% | 02/01/48 | 125711 |
| 204743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08816 | 3.50% | 06/01/48 | 191282 |
| 57793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08833 | 5.00% | 07/01/48 | 58584 |
| 10895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08838 | 5.00% | 09/01/48 | 11003 |
| 191674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08843 | 4.50% | 10/01/48 | 190347 |
| 42892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08844 | 5.00% | 10/01/48 | 43452 |
| 118559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08849 | 5.00% | 11/01/48 | 119835 |
| 439310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G16085 | 2.50% | 02/01/32 | 415806 |
| 266567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G16350 | 2.50% | 10/01/32 | 252285 |
| 319010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G16396 | 3.50% | 02/01/33 | 310421 |
| 921436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G16524 | 3.50% | 05/01/33 | 896576 |
| 102921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G18670 | 3.00% | 12/01/32 | 98654 |
| 29989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G18691 | 3.00% | 06/01/33 | 28375 |
| 83761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G18713 | 3.50% | 11/01/33 | 81093 |
| 1312593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60038 | 3.50% | 01/01/44 | 1240580 |
| 349530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60080 | 3.50% | 06/01/45 | 328867 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **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)** |
|  | **Pass-through Securities (Continued)** |  |  |  |
|  | Federal Home Loan Mortgage Corporation (Continued) |  |  |  |
| $712704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60344 | 4.00% | 12/01/45 | $697587 |
| 227470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60440 | 3.50% | 03/01/46 | 213647 |
| 704924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60582 | 3.50% | 05/01/46 | 661428 |
| 670967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60658 | 3.50% | 07/01/46 | 635730 |
| 303641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G61556 | 3.50% | 08/01/48 | 284274 |
| 2072530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G61748 | 3.50% | 11/01/48 | 1939910 |
| 692046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67700 | 3.50% | 08/01/46 | 651916 |
| 1552084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67703 | 3.50% | 04/01/47 | 1455033 |
| 5739678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67706 | 3.50% | 12/01/47 | 5377200 |
| 1410779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67707 | 3.50% | 01/01/48 | 1322554 |
| 7563798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67708 | 3.50% | 03/01/48 | 7082163 |
| 1442411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67709 | 3.50% | 03/01/48 | 1355623 |
| 1119839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67710 | 3.50% | 03/01/48 | 1044600 |
| 1635896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67714 | 4.00% | 07/01/48 | 1590566 |
| 2248924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67717 | 4.00% | 11/01/48 | 2186606 |
| 3472703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67718 | 4.00% | 01/01/49 | 3366808 |
| 120387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool Q44452 | 3.00% | 11/01/46 | 108769 |
| 215571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool Q50135 | 3.50% | 08/01/47 | 201867 |
| 8698152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool QA7837 | 3.50% | 03/01/50 | 8136856 |
| 15252020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool QE0312 | 2.00% | 04/01/52 | 12598903 |
| 22414241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool QE0521 | 2.50% | 04/01/52 | 19246248 |
| 14269775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool RA3078 | 3.00% | 07/01/50 | 12799154 |
| 396999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool RE6029 | 3.00% | 02/01/50 | 348781 |
| 13537930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD0231 | 3.00% | 01/01/50 | 12181406 |
| 3706994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD7511 | 3.50% | 01/01/50 | 3444068 |
| 11575836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD7513 | 3.50% | 04/01/50 | 10806336 |
| 6787341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD7518 | 3.00% | 06/01/50 | 6107210 |
| 14979801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD8189 | 2.50% | 01/01/52 | 12835234 |
| 18839658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD8194 | 2.50% | 02/01/52 | 16164069 |
| 22830658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD8205 | 2.50% | 04/01/52 | 19570783 |
| 19476669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD8212 | 2.50% | 05/01/52 | 16696453 |
| 260236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool U90772 | 3.50% | 01/01/43 | 245530 |
| 317581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool U99114 | 3.50% | 02/01/44 | 299639 |
| 650386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZA4692 | 3.50% | 06/01/46 | 609364 |
| 312234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZM0063 | 4.00% | 08/01/45 | 305280 |
| 14759819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZM1779 | 3.00% | 09/01/46 | 13401639 |
| 3161148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZS4667 | 3.00% | 06/01/46 | 2863948 |
| 5205231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZS4688 | 3.00% | 11/01/46 | 4691092 |
| 8427059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZS4735 | 3.50% | 09/01/47 | 7776847 |
| 310361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZS8602 | 3.00% | 03/01/31 | 298708 |
| 608885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZS9844 | 3.50% | 07/01/46 | 570353 |
| 1692276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT0277 | 3.50% | 10/01/46 | 1585539 |
| 761071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT0531 | 3.50% | 04/01/47 | 712677 |
| 735025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT0536 | 3.50% | 03/01/48 | 687444 |
| 2341327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT0537 | 3.50% | 03/01/48 | 2197979 |
| 405138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT0542 | 4.00% | 07/01/48 | 393481 |
| 86426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT1403 | 3.50% | 11/01/33 | 83583 |
| 1147677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZT1703 | 4.00% | 01/01/49 | 1111461 |
|  | Federal National Mortgage Association |  |  |  |
| 2543970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AL8825 | 3.50% | 06/01/46 | 2384153 |
| 113585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AN2786 | 2.76% | 09/01/36 | 94476 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **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)** |
|  | **Pass-through Securities (Continued)** |  |  |  |
|  | Federal National Mortgage Association (Continued) |  |  |  |
| $1067600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AS0225 | 4.00% | 08/01/43 | $1043827 |
| 1352055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AS3134 | 3.50% | 08/01/44 | 1272121 |
| 314156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AS6620 | 3.50% | 02/01/46 | 294453 |
| 99110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AS9334 | 3.00% | 03/01/32 | 94896 |
| 75495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AS9749 | 4.00% | 06/01/47 | 73323 |
| 79064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BD7081 | 4.00% | 03/01/47 | 76814 |
| 5976602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BE3774 | 4.00% | 07/01/47 | 5806810 |
| 775067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BJ2692 | 3.50% | 04/01/48 | 724123 |
| 980472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM1903 | 3.50% | 08/01/47 | 917758 |
| 258521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM2000 | 3.50% | 05/01/47 | 243018 |
| 689090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM3260 | 3.50% | 01/01/48 | 644153 |
| 362274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM4299 | 3.00% | 03/01/30 | 351116 |
| 327121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM4304 | 3.00% | 02/01/30 | 317431 |
| 811228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM4472 | 3.50% | 07/01/48 | 758497 |
| 1733079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BM5585 | 3.00% | 11/01/48 | 1558225 |
| 13478108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BN7755 | 3.00% | 09/01/49 | 12128440 |
| 29031801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BQ6913 | 2.00% | 12/01/51 | 23995880 |
| 48154969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BQ7006 | 2.00% | 01/01/52 | 39794481 |
| 9416104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BV8515 | 3.00% | 05/01/52 | 8349131 |
| 988076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA0854 | 3.50% | 12/01/47 | 923747 |
| 470698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA0907 | 3.50% | 12/01/47 | 440054 |
| 391027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA0996 | 3.50% | 01/01/48 | 365529 |
| 2890381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA1182 | 3.50% | 02/01/48 | 2701903 |
| 483825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA1187 | 3.50% | 02/01/48 | 453561 |
| 335578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA1710 | 4.50% | 05/01/48 | 332450 |
| 221445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA1711 | 4.50% | 05/01/48 | 219279 |
| 130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA2208 | 4.50% | 08/01/48 | 128964 |
| 480663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA2327 | 4.00% | 09/01/48 | 467874 |
| 3045555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA3633 | 3.50% | 06/01/49 | 2839629 |
| 12622879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA4534 | 3.00% | 11/01/49 | 11358619 |
| 4234318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool FM2870 | 3.00% | 03/01/50 | 3791649 |
| 7215388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool FM5397 | 3.00% | 12/01/50 | 6482811 |
| 29526942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool FS1598 | 2.00% | 04/01/52 | 24393512 |
| 232426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA1146 | 4.00% | 08/01/42 | 225011 |
| 414761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA1373 | 3.50% | 03/01/43 | 390893 |
| 427096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA2077 | 3.50% | 11/01/34 | 412817 |
| 114434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA2145 | 4.00% | 01/01/45 | 111886 |
| 474506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA2670 | 3.00% | 07/01/46 | 429297 |
| 456344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA2806 | 3.00% | 11/01/46 | 411958 |
| 12815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA2896 | 3.50% | 02/01/47 | 11992 |
| 414353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3057 | 3.50% | 07/01/47 | 387923 |
| 186573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3088 | 4.00% | 08/01/47 | 180609 |
| 434192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3210 | 3.50% | 12/01/47 | 405118 |
| 4847460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3238 | 3.50% | 01/01/48 | 4533709 |
| 415061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3239 | 4.00% | 01/01/48 | 400358 |
| 203849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3276 | 3.50% | 02/01/48 | 190535 |
| 588520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3332 | 3.50% | 04/01/48 | 549025 |
| 159333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3336 | 3.50% | 04/01/38 | 150851 |
| 109867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3410 | 3.50% | 07/01/33 | 106241 |
| 145326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3537 | 4.50% | 12/01/48 | 144145 |
| 595294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3846 | 3.00% | 11/01/49 | 527976 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **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)** |
|  | **Pass-through Securities (Continued)** |  |  |  |
|  | Federal National Mortgage Association (Continued) |  |  |  |
| $9481835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4093 | 2.00% | 08/01/40 | $8183884 |
| 6539295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4128 | 2.00% | 09/01/40 | 5644141 |
| 7271457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4152 | 2.00% | 10/01/40 | 6276052 |
| 3908321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4176 | 2.00% | 11/01/40 | 3373306 |
| 13914213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4364 | 2.00% | 06/01/41 | 12009196 |
| 19017027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4548 | 2.50% | 02/01/52 | 16301791 |
| 76775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 3.00% | 12/15/52 | 67978014 |
| 46525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 4.00% | 12/15/52 | 44007924 |
| 132150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 4.50% | 12/15/52 | 128660414 |
| 97225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 5.00% | 12/15/52 | 96769258 |
| 154900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 2.00% | 01/15/53 | 127780398 |
| 129225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 2.50% | 01/15/53 | 110714529 |
|  | Government National Mortgage Association |  |  |  |
| 185021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA1157 | 3.50% | 07/20/43 | 176339 |
| 545996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA2825 | 3.00% | 05/20/45 | 506209 |
| 183777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3521 | 3.50% | 03/20/46 | 173928 |
| 7809620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3662 | 3.00% | 05/20/46 | 7197559 |
| 705400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3663 | 3.50% | 05/20/46 | 668085 |
| 476228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3735 | 3.00% | 06/20/46 | 438096 |
| 9693504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3937 | 3.50% | 09/20/46 | 9185597 |
| 133866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4069 | 3.50% | 11/20/46 | 126101 |
| 77363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4195 | 3.00% | 01/20/47 | 70698 |
| 92353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4196 | 3.50% | 01/20/47 | 87220 |
| 463379 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4261 | 3.00% | 02/20/47 | 423692 |
| 118644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4262 | 3.50% | 02/20/47 | 111955 |
| 3000702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4322 | 4.00% | 03/20/47 | 2909138 |
| 3163189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4382 | 3.50% | 04/20/47 | 2973186 |
| 37523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4453 | 4.50% | 05/20/47 | 37480 |
| 39796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4586 | 3.50% | 07/20/47 | 37406 |
| 258777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4588 | 4.50% | 07/20/47 | 257812 |
| 698719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4651 | 3.00% | 08/20/47 | 639169 |
| 1009247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4652 | 3.50% | 08/20/47 | 951261 |
| 349433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4719 | 3.50% | 09/20/47 | 330855 |
| 42048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4722 | 5.00% | 09/20/47 | 42729 |
| 34797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4777 | 3.00% | 10/20/47 | 31842 |
| 872820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4778 | 3.50% | 10/20/47 | 822627 |
| 833053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4836 | 3.00% | 11/20/47 | 765366 |
| 866143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4837 | 3.50% | 11/20/47 | 815629 |
| 289863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4838 | 4.00% | 11/20/47 | 281100 |
| 48055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4901 | 4.00% | 12/20/47 | 46603 |
| 223430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4961 | 3.00% | 01/20/48 | 205075 |
| 301407 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4962 | 3.50% | 01/20/48 | 284040 |
| 436915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4963 | 4.00% | 01/20/48 | 423598 |
| 221544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5078 | 4.00% | 03/20/48 | 214850 |
| 604123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5136 | 3.50% | 04/20/48 | 569318 |
| 462090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5399 | 4.50% | 08/20/48 | 458916 |
| 183338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5466 | 4.00% | 09/20/48 | 176743 |
| 48683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5467 | 4.50% | 09/20/48 | 48339 |
| 130188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5597 | 5.00% | 11/20/48 | 131001 |
| 143835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA5976 | 3.50% | 06/20/49 | 132757 |
| 38006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA6030 | 3.50% | 07/20/49 | 35016 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** | **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)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** |
|  |  | **Pass-through Securities (Continued)** |  |  |  |  |
|  |  | Government National Mortgage Association (Continued) |  |  |  |  |
| $| 207303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA6080 | 3.00% | 08/20/49 | $| 186045 |
|  | 53275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (a) | 2.50% | 12/15/52 |  | 46840379 |
|  |  |  |  |  |  | 1101063105 |
|  |  | **Total U.S. Government Agency Mortgage-Backed Securities** |  |  |  | 1107181081 |
|  |  | (Cost $1,147,207,674) |  |  |  |  |
| **CORPORATE BONDS AND NOTES — 25.0%** | **CORPORATE BONDS AND NOTES — 25.0%** | **CORPORATE BONDS AND NOTES — 25.0%** | **CORPORATE BONDS AND NOTES — 25.0%** | **CORPORATE BONDS AND NOTES — 25.0%** | **CORPORATE BONDS AND NOTES — 25.0%** | **CORPORATE BONDS AND NOTES — 25.0%** |
|  |  | **Aerospace/Defense — 0.4%** |  |  |  |  |
|  | 3208000 | BAE Systems Holdings, Inc. (b) | 3.85% | 12/15/25 |  | 3092587 |
|  | 8500000 | Boeing (The) Co. | 1.43% | 02/04/24 |  | 8116466 |
|  | 1610000 | Boeing (The) Co. | 4.88% | 05/01/25 |  | 1595995 |
|  |  |  |  |  |  | 12805048 |
|  |  | **Agriculture — 0.6%** |  |  |  |  |
|  | 3715000 | BAT Capital Corp. | 3.56% | 08/15/27 |  | 3391356 |
|  | 1400000 | BAT Capital Corp. | 2.73% | 03/25/31 |  | 1103717 |
|  | 4530000 | BAT Capital Corp. | 4.39% | 08/15/37 |  | 3573139 |
|  | 1855000 | BAT Capital Corp. | 4.54% | 08/15/47 |  | 1348167 |
|  | 2500000 | BAT Capital Corp. | 5.65% | 03/16/52 |  | 2095383 |
|  | 4250000 | Reynolds American, Inc. | 5.70% | 08/15/35 |  | 3930904 |
|  | 3735000 | Reynolds American, Inc. | 5.85% | 08/15/45 |  | 3270362 |
|  |  |  |  |  |  | 18713028 |
|  |  | **Airlines — 0.5%** |  |  |  |  |
|  | 863597 | American Airlines Pass-Through Trust, Series 2014-1, Class A | 3.70% | 10/01/26 |  | 740778 |
|  | 103814 | American Airlines Pass-Through Trust, Series 2015-2, Class AA | 3.60% | 09/22/27 |  | 93886 |
|  | 3571897 | American Airlines Pass-Through Trust, Series 2016-1, Class AA | 3.58% | 01/15/28 |  | 3210893 |
|  | 4402061 | Delta Air Lines Pass-Through Trust, Series 2020-1, Class AA | 2.00% | 06/10/28 |  | 3781924 |
|  | 7822134 | JetBlue Pass-Through Trust, Series 2020-1, Class A | 4.00% | 11/15/32 |  | 6993314 |
|  | 348413 | US Airways Pass-Through Trust, Series 2012-1, Class A | 5.90% | 10/01/24 |  | 336674 |
|  |  |  |  |  |  | 15157469 |
|  |  | **Banks — 8.5%** |  |  |  |  |
|  | 4565000 | Bank of America Corp. (c) | 3.00% | 12/20/23 |  | 4559714 |
|  | 9965000 | Bank of America Corp. (c) | 3.37% | 01/23/26 |  | 9533250 |
|  | 325000 | Bank of America Corp. (c) | 1.73% | 07/22/27 |  | 284971 |
|  | 4765000 | Bank of America Corp. (c) | 2.69% | 04/22/32 |  | 3865496 |
|  | 3165000 | Bank of America Corp. (c) | 2.57% | 10/20/32 |  | 2522625 |
|  | 18465000 | Bank of America Corp., Series N (c) | 1.66% | 03/11/27 |  | 16371517 |
|  | 1300000 | Bank of America Corp., Series N (c) | 2.65% | 03/11/32 |  | 1056056 |
|  | 1500000 | Bank of America Corp., Medium-Term Note (c) | 1.32% | 06/19/26 |  | 1354000 |
|  | 1345000 | Bank of America Corp., Medium-Term Note (c) | 3.97% | 03/05/29 |  | 1250420 |
|  | 11320000 | Bank of America Corp., Medium-Term Note (c) | 2.09% | 06/14/29 |  | 9564463 |
|  | 2839000 | Bank of America Corp., Medium-Term Note (c) | 3.97% | 02/07/30 |  | 2613808 |
|  | 5265000 | Bank of America Corp., Medium-Term Note (c) | 1.92% | 10/24/31 |  | 4083655 |
|  | 2180000 | Citigroup, Inc. (c) | 0.98% | 05/01/25 |  | 2034367 |
|  | 2375000 | Citigroup, Inc. (c) | 3.52% | 10/27/28 |  | 2174599 |
|  | 4110000 | Citigroup, Inc. (c) | 2.98% | 11/05/30 |  | 3509392 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Banks (Continued)** |  |  |  |
| $2000000 | Citigroup, Inc. (c) | 2.67% | 01/29/31 | $1662423 |
| 1670000 | Citigroup, Inc. (c) | 4.41% | 03/31/31 | 1554281 |
| 6040000 | Citigroup, Inc. (c) | 2.57% | 06/03/31 | 4956858 |
| 720000 | Citigroup, Inc. (c) | 2.56% | 05/01/32 | 576617 |
| 15740000 | Citigroup, Inc. (c) | 3.06% | 01/25/33 | 12949629 |
| 5140000 | Goldman Sachs Group (The), Inc. | 3.20% | 02/23/23 | 5121803 |
| 10000000 | Goldman Sachs Group (The), Inc. | 1.22% | 12/06/23 | 9642647 |
| 1995000 | Goldman Sachs Group (The), Inc. (c) | 0.93% | 10/21/24 | 1903113 |
| 950000 | Goldman Sachs Group (The), Inc. (c) | 3.27% | 09/29/25 | 915095 |
| 9860000 | Goldman Sachs Group (The), Inc. (c) | 1.43% | 03/09/27 | 8674484 |
| 9105000 | Goldman Sachs Group (The), Inc. (c) | 1.54% | 09/10/27 | 7871826 |
| 1345000 | Goldman Sachs Group (The), Inc. (c) | 1.99% | 01/27/32 | 1039704 |
| 7710000 | Goldman Sachs Group (The), Inc. (c) | 2.38% | 07/21/32 | 6096195 |
| 6060000 | Goldman Sachs Group (The), Inc. (c) | 2.65% | 10/21/32 | 4871820 |
| 13465000 | JPMorgan Chase & Co. (c) | 0.97% | 06/23/25 | 12523830 |
| 8015000 | JPMorgan Chase & Co. (c) | 1.56% | 12/10/25 | 7405931 |
| 1895000 | JPMorgan Chase & Co. (c) | 2.01% | 03/13/26 | 1761731 |
| 2585000 | JPMorgan Chase & Co. (c) | 3.96% | 01/29/27 | 2485350 |
| 10455000 | JPMorgan Chase & Co. (c) | 1.58% | 04/22/27 | 9236212 |
| 2625000 | JPMorgan Chase & Co. (c) | 2.74% | 10/15/30 | 2232357 |
| 8025000 | JPMorgan Chase & Co. (c) | 2.58% | 04/22/32 | 6512884 |
| 4790000 | JPMorgan Chase & Co. (c) | 2.55% | 11/08/32 | 3837474 |
| 495000 | Morgan Stanley (c) | 0.99% | 12/10/26 | 434342 |
| 1990000 | Morgan Stanley (c) | 2.48% | 09/16/36 | 1480739 |
| 2350000 | Morgan Stanley (c) | 5.30% | 04/20/37 | 2190257 |
| 7135000 | Morgan Stanley, Global Medium-Term Note (c) | 1.51% | 07/20/27 | 6212207 |
| 760000 | Morgan Stanley, Global Medium-Term Note (c) | 2.24% | 07/21/32 | 593279 |
| 13355000 | Morgan Stanley, Medium-Term Note (c) | 1.16% | 10/21/25 | 12223301 |
| 8125000 | Morgan Stanley, Medium-Term Note (c) | 1.93% | 04/28/32 | 6240956 |
| 3200000 | Morgan Stanley, Medium-Term Note (c) | 2.51% | 10/20/32 | 2547463 |
| 3030000 | PNC Financial Services Group (The), Inc. (c) | 6.04% | 10/28/33 | 3185529 |
| 3080000 | US Bancorp (c) | 5.85% | 10/21/33 | 3213516 |
| 4385000 | Wells Fargo & Co. (c) | 2.19% | 04/30/26 | 4086115 |
| 10185000 | Wells Fargo & Co., Medium-Term Note (c) | 3.53% | 03/24/28 | 9468775 |
| 9444000 | Wells Fargo & Co., Medium-Term Note (c) | 2.39% | 06/02/28 | 8358074 |
| 5790000 | Wells Fargo & Co., Medium-Term Note (c) | 2.88% | 10/30/30 | 4985915 |
| 15370000 | Wells Fargo & Co., Medium-Term Note (c) | 3.35% | 03/02/33 | 13159481 |
| 3350000 | Wells Fargo & Co., Medium-Term Note (c) | 4.90% | 07/25/33 | 3230599 |
|  |  |  |  | 260221145 |
|  | **Beverages — 0.1%** |  |  |  |
| 200000 | Anheuser-Busch InBev Worldwide, Inc. | 4.44% | 10/06/48 | 176174 |
| 4300000 | Constellation Brands, Inc. | 2.88% | 05/01/30 | 3705257 |
|  |  |  |  | 3881431 |
|  | **Biotechnology — 0.1%** |  |  |  |
| 1412000 | Amgen, Inc. | 4.40% | 05/01/45 | 1222067 |
| 3010000 | Regeneron Pharmaceuticals, Inc. | 1.75% | 09/15/30 | 2367456 |
|  |  |  |  | 3589523 |
|  | **Chemicals — 0.2%** |  |  |  |
| 4758000 | International Flavors & Fragrances, Inc. (b) | 2.30% | 11/01/30 | 3743864 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Chemicals (Continued)** |  |  |  |
| $3114000 | International Flavors & Fragrances, Inc. | 5.00% | 09/26/48 | $2690917 |
|  |  |  |  | 6434781 |
|  | **Commercial Services — 0.1%** |  |  |  |
| 1730000 | Global Payments, Inc. | 5.40% | 08/15/32 | 1662059 |
| 2366000 | Global Payments, Inc. | 5.95% | 08/15/52 | 2167881 |
|  |  |  |  | 3829940 |
|  | **Diversified Financial Services — 0.6%** |  |  |  |
| 1890000 | Air Lease Corp. | 3.25% | 03/01/25 | 1792724 |
| 940000 | Air Lease Corp. | 3.38% | 07/01/25 | 887755 |
| 3000000 | Air Lease Corp. | 4.63% | 10/01/28 | 2805266 |
| 360000 | Air Lease Corp., Medium-Term Note | 2.30% | 02/01/25 | 335343 |
| 7930000 | Capital One Financial Corp. (c) | 1.34% | 12/06/24 | 7567716 |
| 3755000 | Discover Financial Services | 3.95% | 11/06/24 | 3654454 |
| 450000 | Raymond James Financial, Inc. | 4.95% | 07/15/46 | 409526 |
|  |  |  |  | 17452784 |
|  | **Electric — 1.6%** |  |  |  |
| 1000000 | AEP Transmission Co. LLC | 3.75% | 12/01/47 | 780709 |
| 4128000 | Alliant Energy Finance LLC (b) | 3.75% | 06/15/23 | 4094938 |
| 2655000 | Alliant Energy Finance LLC (b) | 1.40% | 03/15/26 | 2286490 |
| 200000 | Ameren Illinois Co. | 3.70% | 12/01/47 | 160178 |
| 3000000 | Appalachian Power Co., Series Z | 3.70% | 05/01/50 | 2217343 |
| 750000 | Cleco Power LLC | 6.00% | 12/01/40 | 717960 |
| 500000 | Consolidated Edison Co. of New York, Inc. | 4.50% | 05/15/58 | 420966 |
| 1695000 | Dominion Energy, Inc., Series A | 3.30% | 03/15/25 | 1630836 |
| 5150000 | Duke Energy Corp. | 2.55% | 06/15/31 | 4240186 |
| 2000000 | Duke Energy Corp. | 3.85% | 06/15/34 | 2005741 |
| 750000 | Entergy Texas, Inc. | 3.45% | 12/01/27 | 695758 |
| 9101000 | FirstEnergy Transmission LLC (b) | 2.87% | 09/15/28 | 7952718 |
| 3855000 | Interstate Power and Light Co. | 2.30% | 06/01/30 | 3178546 |
| 1500000 | ITC Holdings Corp. (b) | 2.95% | 05/14/30 | 1275683 |
| 1750000 | Jersey Central Power & Light Co. (b) | 4.30% | 01/15/26 | 1692778 |
| 830000 | Metropolitan Edison Co. (b) | 4.00% | 04/15/25 | 794928 |
| 2253000 | Metropolitan Edison Co. (b) | 4.30% | 01/15/29 | 2127635 |
| 10000000 | Niagara Mohawk Power Corp. (b) | 3.03% | 06/27/50 | 6240335 |
| 825000 | Public Service Co. of New Mexico | 3.85% | 08/01/25 | 792670 |
| 3480000 | Southwestern Public Service Co., Series 9 | 5.15% | 06/01/52 | 3199665 |
| 700000 | Trans-Allegheny Interstate Line Co. (b) | 3.85% | 06/01/25 | 677247 |
| 1505000 | Xcel Energy, Inc. | 4.80% | 09/15/41 | 1344487 |
|  |  |  |  | 48527797 |
|  | **Entertainment — 0.5%** |  |  |  |
| 9840000 | Warnermedia Holdings, Inc. (b) | 5.05% | 03/15/42 | 7888785 |
| 11190000 | Warnermedia Holdings, Inc. (b) | 5.14% | 03/15/52 | 8683497 |
|  |  |  |  | 16572282 |
|  | **Food — 0.3%** |  |  |  |
| 643000 | Chobani LLC / Chobani Finance Corp., Inc. (b) | 4.63% | 11/15/28 | 567324 |
| 5885000 | Kraft Heinz Foods Co. | 5.20% | 07/15/45 | 5576419 |
| 3570000 | Pilgrim's Pride Corp. (b) | 3.50% | 03/01/32 | 2878152 |
|  |  |  |  | 9021895 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Gas — 0.1%** |  |  |  |
| $500000 | Piedmont Natural Gas Co., Inc. | 3.35% | 06/01/50 | $346835 |
| 3856000 | Southern Co. Gas Capital Corp. | 5.88% | 03/15/41 | 3850867 |
| 200000 | Spire, Inc. | 3.54% | 02/27/24 | 195245 |
|  |  |  |  | 4392947 |
|  | **Healthcare-Products — 0.3%** |  |  |  |
| 525000 | Alcon Finance Corp. (b) | 2.75% | 09/23/26 | 481556 |
| 1500000 | Alcon Finance Corp. (b) | 2.60% | 05/27/30 | 1261650 |
| 3015000 | DENTSPLY SIRONA, Inc. | 3.25% | 06/01/30 | 2501613 |
| 5000000 | PerkinElmer, Inc. | 2.55% | 03/15/31 | 4062037 |
|  |  |  |  | 8306856 |
|  | **Healthcare-Services — 1.4%** |  |  |  |
| 2105000 | Bon Secours Mercy Health, Inc., Series 20-2 | 2.10% | 06/01/31 | 1672244 |
| 1845000 | Centene Corp. | 4.25% | 12/15/27 | 1734697 |
| 9311000 | Centene Corp. | 2.45% | 07/15/28 | 7839659 |
| 2982000 | Centene Corp. | 3.00% | 10/15/30 | 2464026 |
| 2135000 | CommonSpirit Health | 2.76% | 10/01/24 | 2043268 |
| 1985000 | CommonSpirit Health | 3.35% | 10/01/29 | 1729233 |
| 475000 | CommonSpirit Health | 2.78% | 10/01/30 | 383636 |
| 3250000 | HCA, Inc. (b) | 3.13% | 03/15/27 | 2957968 |
| 8233000 | HCA, Inc. | 4.13% | 06/15/29 | 7532312 |
| 3800000 | HCA, Inc. | 3.50% | 09/01/30 | 3272674 |
| 3250000 | HCA, Inc. (b) | 3.63% | 03/15/32 | 2781063 |
| 4330000 | HCA, Inc. (b) | 4.63% | 03/15/52 | 3497439 |
| 500000 | Humana, Inc. | 3.15% | 12/01/22 | 500000 |
| 360000 | Humana, Inc. | 2.90% | 12/15/22 | 359765 |
| 140000 | Molina Healthcare, Inc. (b) | 4.38% | 06/15/28 | 128634 |
| 1803000 | Molina Healthcare, Inc. (b) | 3.88% | 05/15/32 | 1523427 |
| 200000 | New York and Presbyterian (The) Hospital | 3.56% | 08/01/36 | 170271 |
| 160000 | UnitedHealth Group, Inc. | 4.45% | 12/15/48 | 143997 |
| 2630000 | Universal Health Services, Inc. (b) | 1.65% | 09/01/26 | 2258557 |
|  |  |  |  | 42992870 |
|  | **Insurance — 1.4%** |  |  |  |
| 2465000 | Aon Corp. / Aon Global Holdings PLC | 3.90% | 02/28/52 | 1923223 |
| 5090000 | Athene Global Funding, SOFR + 0.70% (b) (d) | 4.50% | 05/24/24 | 4993142 |
| 2145000 | Athene Global Funding (b) | 3.21% | 03/08/27 | 1927756 |
| 5585000 | Athene Global Funding (b) | 1.99% | 08/19/28 | 4539025 |
| 2605000 | Athene Global Funding (b) | 2.72% | 01/07/29 | 2172965 |
| 1650000 | Farmers Exchange Capital (b) | 7.05% | 07/15/28 | 1712680 |
| 2200000 | Farmers Exchange Capital II (b) (c) | 6.15% | 11/01/53 | 2122506 |
| 1770000 | Farmers Exchange Capital III (b) (c) | 5.45% | 10/15/54 | 1602898 |
| 600000 | Farmers Insurance Exchange (b) | 8.63% | 05/01/24 | 620216 |
| 3495000 | Farmers Insurance Exchange (b) (c) | 4.75% | 11/01/57 | 2873425 |
| 7000000 | National General Holdings Corp. (b) | 6.75% | 05/15/24 | 7013552 |
| 1525000 | Nationwide Mutual Insurance Co., 3 Mo. LIBOR + 2.29% (b) (d) | 5.58% | 12/15/24 | 1525077 |
| 3630000 | New York Life Insurance Co. (b) | 3.75% | 05/15/50 | 2795260 |
| 1790000 | Teachers Insurance & Annuity Association of America (b) | 4.90% | 09/15/44 | 1674490 |
| 3910000 | Teachers Insurance & Annuity Association of America (b) | 4.27% | 05/15/47 | 3298965 |
| 1980000 | Teachers Insurance & Annuity Association of America (b) (c) | 4.38% | 09/15/54 | 1893327 |
|  |  |  |  | 42688507 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Internet — 0.1%** |  |  |  |
| $1945000 | Netflix, Inc. | 4.63% | 05/15/29 | $2027770 |
|  | **Lodging — 0.1%** |  |  |  |
| 4385000 | Hyatt Hotels Corp. | 1.80% | 10/01/24 | 4111116 |
|  | **Media — 1.0%** |  |  |  |
| 875000 | Cable One, Inc. (b) | 4.00% | 11/15/30 | 706252 |
| 1475000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 4.91% | 07/23/25 | 1452603 |
| 1410000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 2.30% | 02/01/32 | 1058323 |
| 1471000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.38% | 04/01/38 | 1260438 |
| 6920000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.38% | 05/01/47 | 5732775 |
| 1960000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.25% | 04/01/53 | 1578016 |
| 3570000 | Cox Communications, Inc. (b) | 2.60% | 06/15/31 | 2864147 |
| 4670000 | Cox Enterprises, Inc. (b) | 7.38% | 07/15/27 | 4970943 |
| 8275000 | Diamond Sports Group LLC / Diamond Sports Finance Co. (b) | 5.38% | 08/15/26 | 1355312 |
| 3000000 | Paramount Global | 4.20% | 05/19/32 | 2492100 |
| 8320000 | Time Warner Cable LLC | 5.50% | 09/01/41 | 7092985 |
|  |  |  |  | 30563894 |
|  | **Miscellaneous Manufacturing — 0.1%** |  |  |  |
| 943000 | General Electric Co., Medium-Term Note, 3 Mo. LIBOR + 0.38% (d) | 4.91% | 05/05/26 | 903537 |
| 1304000 | General Electric Co., Medium-Term Note | 6.75% | 03/15/32 | 1482192 |
|  |  |  |  | 2385729 |
|  | **Oil & Gas — 0.0%** |  |  |  |
| 400000 | Hess Corp. | 5.60% | 02/15/41 | 386434 |
|  | **Packaging & Containers — 0.5%** |  |  |  |
| 3000000 | Amcor Finance USA, Inc. | 3.63% | 04/28/26 | 2843892 |
| 1000000 | Amcor Flexibles North America, Inc. | 2.63% | 06/19/30 | 816277 |
| 4157000 | Berry Global, Inc. | 1.57% | 01/15/26 | 3708044 |
| 2125000 | Berry Global, Inc. (b) | 4.88% | 07/15/26 | 2041657 |
| 2650000 | Berry Global, Inc. | 1.65% | 01/15/27 | 2237996 |
| 3670000 | WRKCo, Inc. | 3.00% | 06/15/33 | 2936600 |
|  |  |  |  | 14584466 |
|  | **Pharmaceuticals — 1.3%** |  |  |  |
| 4997000 | AbbVie, Inc. | 4.50% | 05/14/35 | 4738086 |
| 1045000 | Bayer US Finance II LLC (b) | 3.38% | 07/15/24 | 1013878 |
| 625000 | Bayer US Finance II LLC (b) | 2.85% | 04/15/25 | 587014 |
| 7880000 | Bayer US Finance II LLC (b) | 4.25% | 12/15/25 | 7645531 |
| 3160000 | Bayer US Finance II LLC (b) | 4.38% | 12/15/28 | 3002556 |
| 815000 | Bayer US Finance II LLC (b) | 4.63% | 06/25/38 | 707589 |
| 1750000 | Bayer US Finance II LLC (b) | 4.40% | 07/15/44 | 1390113 |
| 2540000 | Bayer US Finance II LLC (b) | 4.88% | 06/25/48 | 2219610 |
| 2107000 | Becton Dickinson and Co. | 3.73% | 12/15/24 | 2057004 |
| 2000000 | Cigna Corp. | 3.40% | 03/01/27 | 1890521 |
| 75000 | Cigna Corp. | 3.05% | 10/15/27 | 69282 |
| 2060000 | Cigna Corp. | 3.88% | 10/15/47 | 1633532 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Pharmaceuticals (Continued)** |  |  |  |
| $1279000 | Cigna Corp. | 3.40% | 03/15/51 | $935677 |
| 1225000 | CVS Health Corp. | 1.75% | 08/21/30 | 976918 |
| 1850000 | CVS Health Corp. | 5.13% | 07/20/45 | 1729651 |
| 10430000 | CVS Health Corp. | 5.05% | 03/25/48 | 9698885 |
|  |  |  |  | 40295847 |
|  | **Pipelines — 0.8%** |  |  |  |
| 583000 | Energy Transfer L.P. | 5.50% | 06/01/27 | 582504 |
| 2030000 | Energy Transfer L.P. | 4.95% | 06/15/28 | 1966052 |
| 3200000 | Energy Transfer L.P. | 4.90% | 03/15/35 | 2888594 |
| 260000 | Energy Transfer L.P. | 5.15% | 03/15/45 | 222685 |
| 2600000 | Energy Transfer L.P. | 6.13% | 12/15/45 | 2469396 |
| 3606000 | Energy Transfer L.P. | 5.40% | 10/01/47 | 3118318 |
| 1135000 | Energy Transfer L.P. | 6.25% | 04/15/49 | 1076837 |
| 3601000 | Energy Transfer L.P. | 5.00% | 05/15/50 | 2973518 |
| 3640000 | NGPL PipeCo LLC (b) | 4.88% | 08/15/27 | 3467811 |
| 150000 | Plains All American Pipeline L.P. / PAA Finance Corp. | 2.85% | 01/31/23 | 149429 |
| 425000 | Plains All American Pipeline L.P. / PAA Finance Corp. | 3.55% | 12/15/29 | 370783 |
| 1350000 | Plains All American Pipeline L.P. / PAA Finance Corp. | 3.80% | 09/15/30 | 1183888 |
| 716000 | Rockies Express Pipeline LLC (b) | 4.95% | 07/15/29 | 645136 |
| 1500000 | Rockies Express Pipeline LLC (b) | 4.80% | 05/15/30 | 1278818 |
| 1360000 | Rockies Express Pipeline LLC (b) | 6.88% | 04/15/40 | 1134696 |
| 329909 | Ruby Pipeline LLC (e) (f) (g) | 8.00% | 04/01/22 | 321661 |
|  |  |  |  | 23850126 |
|  | **Real Estate Investment Trusts — 1.5%** |  |  |  |
| 612000 | Alexandria Real Estate Equities, Inc. | 4.50% | 07/30/29 | 580532 |
| 500000 | American Assets Trust L.P. | 3.38% | 02/01/31 | 403731 |
| 184000 | CubeSmart L.P. | 2.25% | 12/15/28 | 152068 |
| 750000 | CubeSmart L.P. | 4.38% | 02/15/29 | 700994 |
| 1135000 | CubeSmart L.P. | 2.50% | 02/15/32 | 874174 |
| 615000 | Extra Space Storage L.P. | 2.55% | 06/01/31 | 485325 |
| 1210000 | GLP Capital L.P. / GLP Financing II, Inc. | 5.30% | 01/15/29 | 1139215 |
| 10798000 | GLP Capital L.P. / GLP Financing II, Inc. | 4.00% | 01/15/30 | 9382112 |
| 1722000 | GLP Capital L.P. / GLP Financing II, Inc. | 3.25% | 01/15/32 | 1362013 |
| 895000 | Healthcare Realty Holdings L.P. | 3.63% | 01/15/28 | 798438 |
| 2000000 | Healthcare Realty Holdings L.P. | 3.10% | 02/15/30 | 1680849 |
| 7235000 | Healthcare Realty Holdings L.P. | 2.00% | 03/15/31 | 5501719 |
| 3930000 | Hudson Pacific Properties L.P. | 3.95% | 11/01/27 | 3333612 |
| 1000000 | Hudson Pacific Properties L.P. | 4.65% | 04/01/29 | 872070 |
| 740000 | Invitation Homes Operating Partnership L.P. | 2.30% | 11/15/28 | 612599 |
| 860000 | Kilroy Realty L.P. | 2.50% | 11/15/32 | 623282 |
| 1093000 | Kilroy Realty L.P. | 2.65% | 11/15/33 | 778970 |
| 1135000 | Life Storage L.P. | 2.20% | 10/15/30 | 885307 |
| 1605000 | LXP Industrial Trust | 2.70% | 09/15/30 | 1287082 |
| 1837000 | LXP Industrial Trust | 2.38% | 10/01/31 | 1399711 |
| 350000 | Piedmont Operating Partnership L.P. | 3.40% | 06/01/23 | 349547 |
| 670000 | Piedmont Operating Partnership L.P. | 3.15% | 08/15/30 | 520889 |
| 1000000 | Ventas Realty L.P. | 2.65% | 01/15/25 | 944768 |
| 205000 | VICI Properties L.P. | 4.95% | 02/15/30 | 194065 |
| 6178000 | VICI Properties L.P. | 5.13% | 05/15/32 | 5802779 |
| 350000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 4.63% | 06/15/25 | 335352 |
| 1275000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 4.50% | 09/01/26 | 1195421 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Real Estate Investment Trusts (Continued)** |  |  |  |
| $1425000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 5.75% | 02/01/27 | $1382652 |
| 195000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 3.75% | 02/15/27 | 176164 |
| 750000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 4.50% | 01/15/28 | 687148 |
| 2930000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 3.88% | 02/15/29 | 2575171 |
|  |  |  |  | 47017759 |
|  | **Retail — 0.3%** |  |  |  |
| 7335000 | 7-Eleven, Inc. (b) | 0.80% | 02/10/24 | 6961158 |
| 5035000 | Michaels (The) Cos., Inc. (b) | 7.88% | 05/01/29 | 2986384 |
|  |  |  |  | 9947542 |
|  | **Semiconductors — 0.1%** |  |  |  |
| 2540000 | Broadcom, Inc. (b) | 3.42% | 04/15/33 | 2066055 |
| 2000000 | Broadcom, Inc. (b) | 3.47% | 04/15/34 | 1589548 |
|  |  |  |  | 3655603 |
|  | **Software — 0.4%** |  |  |  |
| 1400000 | Fiserv, Inc. | 2.25% | 06/01/27 | 1250868 |
| 510000 | Fiserv, Inc. | 2.65% | 06/01/30 | 432179 |
| 10000 | Oracle Corp. | 2.88% | 03/25/31 | 8375 |
| 3000000 | Oracle Corp. | 4.13% | 05/15/45 | 2293813 |
| 2050000 | Oracle Corp. | 4.00% | 11/15/47 | 1518496 |
| 2535000 | Oracle Corp. | 3.60% | 04/01/50 | 1767700 |
| 3397000 | Oracle Corp. | 3.95% | 03/25/51 | 2490434 |
| 1510000 | Oracle Corp. | 6.90% | 11/09/52 | 1675353 |
|  |  |  |  | 11437218 |
|  | **Telecommunications — 2.1%** |  |  |  |
| 3175000 | AT&T, Inc. | 4.50% | 05/15/35 | 2912285 |
| 3500000 | AT&T, Inc. | 5.25% | 03/01/37 | 3423416 |
| 145000 | AT&T, Inc. | 4.30% | 12/15/42 | 121593 |
| 6270000 | AT&T, Inc. | 4.75% | 05/15/46 | 5469092 |
| 3880000 | AT&T, Inc. | 4.50% | 03/09/48 | 3244104 |
| 1382000 | AT&T, Inc. | 3.80% | 12/01/57 | 1005376 |
| 4525000 | Level 3 Financing, Inc. (b) | 3.75% | 07/15/29 | 3278223 |
| 4500000 | SES GLOBAL Americas Holdings, Inc. (b) | 5.30% | 03/25/44 | 3531226 |
| 4446875 | Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC (b) | 4.74% | 03/20/25 | 4391611 |
| 21145000 | Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC (b) | 5.15% | 03/20/28 | 20827545 |
| 3415000 | T-Mobile USA, Inc. | 3.75% | 04/15/27 | 3237019 |
| 6980000 | T-Mobile USA, Inc. | 3.88% | 04/15/30 | 6417415 |
| 8231000 | T-Mobile USA, Inc. | 2.55% | 02/15/31 | 6832957 |
| 750000 | T-Mobile USA, Inc. | 4.50% | 04/15/50 | 634745 |
|  |  |  |  | 65326607 |
|  | **Total Corporate Bonds and Notes** |  |  | 770178414 |
|  | (Cost $884,005,472) |  |  |  |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **U.S. GOVERNMENT BONDS AND NOTES — 14.5%** | **U.S. GOVERNMENT BONDS AND NOTES — 14.5%** | **U.S. GOVERNMENT BONDS AND NOTES — 14.5%** | **U.S. GOVERNMENT BONDS AND NOTES — 14.5%** | **U.S. GOVERNMENT BONDS AND NOTES — 14.5%** |
| $164309000 | U.S. Treasury Bond | 2.00% | 11/15/41 | $119759439 |
| 90055000 | U.S. Treasury Bond | 2.38% | 02/15/42 | 70105707 |
| 52470000 | U.S. Treasury Bond | 4.00% | 11/15/52 | 54585197 |
| 4596615 | U.S. Treasury Inflation Indexed Note (h) | 0.63% | 07/15/32 | 4327526 |
| 29845000 | U.S. Treasury Note | 4.50% | 11/30/24 | 29935934 |
| 69840000 | U.S. Treasury Note | 4.13% | 10/31/27 | 70737553 |
| 93170000 | U.S. Treasury Note | 3.88% | 11/30/27 | 93526666 |
| 2480000 | U.S. Treasury Note | 4.13% | 11/15/32 | 2577262 |
|  | **Total U.S. Government Bonds and Notes** |  |  | 445555284 |
|  | (Cost $477,893,242) |  |  |  |
| **ASSET-BACKED SECURITIES — 13.7%** | **ASSET-BACKED SECURITIES — 13.7%** | **ASSET-BACKED SECURITIES — 13.7%** | **ASSET-BACKED SECURITIES — 13.7%** | **ASSET-BACKED SECURITIES — 13.7%** |
|  | ACE Securities Corp. Home Equity Loan Trust |  |  |  |
| 14815425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE1, Class A1, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 01/25/37 | 7798512 |
| 12832388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-WM2, Class A1, 1 Mo. LIBOR + 0.21% (d) | 4.25% | 02/25/37 | 5746581 |
|  | AGL CLO Ltd. |  |  |  |
| 13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-12A, Class A1, 3 Mo. LIBOR + 1.16% (b) (d) | 5.40% | 07/20/34 | 12655500 |
|  | AMMC CLO Ltd. |  |  |  |
| 1063393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-19A, Class AR, 3 Mo. LIBOR + 1.14% (b) (d) | 5.22% | 10/16/28 | 1060631 |
|  | AMSR Trust |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR3, Class G (b) | 3.80% | 10/17/38 | 4190637 |
|  | Argent Securities, Inc. |  |  |  |
| 114058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-W2, Class M1, 1 Mo. LIBOR + 0.74% (d) | 4.78% | 10/25/35 | 110326 |
|  | Asset Backed Funding Certificates Trust |  |  |  |
| 8475994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE1, Class A2B, 1 Mo. LIBOR + 0.11% (d) | 4.15% | 01/25/37 | 4952266 |
|  | Bardot CLO Ltd. |  |  |  |
| 10400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-2A, Class BR, 3 Mo. LIBOR + 1.60% (b) (d) | 5.92% | 10/22/32 | 10045958 |
|  | Barings CLO Ltd. |  |  |  |
| 263353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-IA, Class AR, 3 Mo. LIBOR + 0.80% (b) (d) | 5.04% | 01/20/28 | 261371 |
| 12500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-2A, Class A2R, 3 Mo. LIBOR + 1.70% (b) (d) | 5.78% | 04/15/36 | 11916662 |
|  | Brazos Higher Education Authority, Inc. |  |  |  |
| 274405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-2, Class A3, 3 Mo. LIBOR + 1.00% (d) | 5.36% | 10/27/36 | 271305 |
|  | Carrington Mortgage Loan Trust |  |  |  |
| 18000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC4, Class A4, 1 Mo. LIBOR + 0.24% (d) | 4.28% | 10/25/36 | 14177140 |
| 569872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OPT1, Class M1, 1 Mo. LIBOR + 0.53% (d) | 4.57% | 02/25/36 | 556974 |
|  | Carvana Auto Receivables Trust |  |  |  |
| 70350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-P3, Class R (b) | (i) | 09/10/29 | 13259638 |
|  | CF Hippolyta Issuer LLC |  |  |  |
| 9408779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1 (b) | 1.69% | 07/15/60 | 8340109 |
|  | CIFC Funding Ltd. |  |  |  |
| 5610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-7A, Class A1, 3 Mo. LIBOR + 1.13% (b) (d) | 5.45% | 01/23/35 | 5446924 |
|  | Citigroup Mortgage Loan Trust |  |  |  |
| 277213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE2, Class M1, 1 Mo. LIBOR + 0.44% (d) | 4.45% | 08/25/36 | 275413 |
|  | Dryden Senior Loan Fund |  |  |  |
| 810702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-26A, Class AR, 3 Mo. LIBOR + 0.90% (b) (d) | 4.98% | 04/15/29 | 798501 |
| 569518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-28A, Class A1LR, 3 Mo. LIBOR + 1.20% (b) (d) | 5.81% | 08/15/30 | 563638 |
|  | ECMC Group Student Loan Trust |  |  |  |
| 1503039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-2A, Class A, 1 Mo. LIBOR + 1.05% (b) (d) | 5.07% | 05/25/67 | 1445983 |
|  | EFS Volunteer No 3 LLC |  |  |  |
| 80613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-1, Class A3, 1 Mo. LIBOR + 1.00% (b) (d) | 5.02% | 04/25/33 | 79682 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | Elmwood CLO VI Ltd. |  |  |  |
| $13400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3A, Class BR, 3 Mo. LIBOR + 1.65% (b) (d) | 5.89% | 10/20/34 | $12837152 |
|  | First Franklin Mortgage Loan Trust |  |  |  |
| 16365876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-FF13, Class A2C, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 10/25/36 | 11083011 |
| 12180948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FF2, Class A1, 1 Mo. LIBOR + 0.14% (d) | 3.40% | 03/25/37 | 6963061 |
|  | GE-WMC Mortgage Securities LLC |  |  |  |
| 404580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class M1, 1 Mo. LIBOR + 0.66% (d) | 4.70% | 10/25/35 | 379682 |
|  | GoldenTree Loan Management US CLO Ltd. |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-8A, Class AR, 3 Mo. LIBOR + 1.15% (b) (d) | 5.39% | 10/20/34 | 4852780 |
|  | GSAA Home Equity Trust |  |  |  |
| 626966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-6, Class M1, 1 Mo. LIBOR + 0.65% (d) | 4.69% | 06/25/35 | 612146 |
|  | GSAMP Trust |  |  |  |
| 13048229 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC2, Class A2C, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 06/25/36 | 6929908 |
| 9404651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FM2, Class A1, 1 Mo. LIBOR + 0.14% (d) | 4.18% | 01/25/37 | 5619157 |
|  | JP Morgan Mortgage Acquisition Trust |  |  |  |
| 8578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-ACC1, Class M1, 1 Mo. LIBOR + 0.41% (d) | 4.45% | 05/25/36 | 8617 |
| 2221671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WF1, Class A6 | 6.50% | 07/25/36 | 673620 |
| 17725965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WMC2, Class A4, 1 Mo. LIBOR + 0.30% (d) | 4.32% | 07/25/36 | 8001554 |
| 18754754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WMC2, Class A5, 1 Mo. LIBOR + 0.50% (d) | 4.54% | 07/25/36 | 8526706 |
| 197439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CH2, Class MV1, 1 Mo. LIBOR + 0.28% (d) | 4.32% | 01/25/37 | 196071 |
|  | Lehman XS Trust |  |  |  |
| 2902210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-9, Class A1C, 1 Mo. LIBOR + 0.52% (d) | 4.54% | 05/25/46 | 2522118 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 432576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 1A, 1 Mo. LIBOR + 0.44% (d) | 4.48% | 02/25/36 | 415634 |
|  | Magnetite VII Ltd. |  |  |  |
| 4175218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-7A, Class A1R2, 3 Mo. LIBOR + 0.80% (b) (d) | 4.88% | 01/15/28 | 4112872 |
|  | Mastr Asset Backed Securities Trust |  |  |  |
| 7090810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WMC3, Class A2, 1 Mo. LIBOR + 0.05% (d) | 4.14% | 08/25/36 | 2481566 |
|  | Merrill Lynch First Franklin Mortgage Loan Trust |  |  |  |
| 277265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-3, Class A2B, 1 Mo. LIBOR + 0.13% (d) | 4.30% | 06/25/37 | 212943 |
|  | Mid-State Trust |  |  |  |
| 107862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2003-11, Class A1 | 4.86% | 07/15/38 | 103722 |
|  | Morgan Stanley ABS Capital I, Inc. Trust |  |  |  |
| 10199805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE4, Class A3, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 06/25/36 | 5321660 |
| 5520605 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE8, Class A2B, 1 Mo. LIBOR + 0.10% (d) | 4.14% | 10/25/36 | 2616868 |
| 319951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC1, Class M1, 1 Mo. LIBOR + 0.57% (d) | 4.61% | 12/25/35 | 314153 |
| 5944689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE1, Class A2D, 1 Mo. LIBOR + 0.23% (d) | 4.27% | 11/25/36 | 3558146 |
| 26211325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE2, Class A2D, 1 Mo. LIBOR + 0.21% (d) | 4.25% | 01/25/37 | 12852967 |
| 6715285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-NC3, Class A2D, 1 Mo. LIBOR + 0.26% (d) | 4.30% | 05/25/37 | 4663715 |
|  | Navient Student Loan Trust |  |  |  |
| 203655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-1, Class A3, 1 Mo. LIBOR + 0.51% (d) | 4.53% | 06/25/31 | 197259 |
| 182043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-3, Class A, 1 Mo. LIBOR + 0.62% (d) | 4.66% | 03/25/83 | 173252 |
| 155789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-1, Class A2, 1 Mo. LIBOR + 0.60% (d) | 4.64% | 04/25/40 | 148183 |
| 1602530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-2A, Class A3, 1 Mo. LIBOR + 1.50% (b) (d) | 5.52% | 06/25/65 | 1564557 |
| 3519830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-5A, Class A, 1 Mo. LIBOR + 1.25% (b) (d) | 5.27% | 06/25/65 | 3391177 |
| 300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-3A, Class A3, 1 Mo. LIBOR + 1.05% (b) (d) | 5.07% | 07/26/66 | 294880 |
|  | New Century Home Equity Loan Trust |  |  |  |
| 705261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4, Class M3, 1 Mo. LIBOR + 0.83% (d) | 4.87% | 09/25/35 | 702634 |
|  | New Residential Mortgage Loan Trust |  |  |  |
| 16615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-SFR2, Class B (b) | 3.75% | 09/04/39 | 14760945 |
| 15000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-SFR2, Class E1 (b) | 4.00% | 09/04/39 | 12261485 |
|  | OCP CLO Ltd. |  |  |  |
| 6200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-19A, Class AR, 3 Mo. LIBOR + 1.15% (b) (d) | 5.39% | 10/20/34 | 5999639 |
| 8530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-21A, Class B, 3 Mo. LIBOR + 1.70% (b) (d) | 5.94% | 07/20/34 | 8180640 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | Octagon Investment Partners 46 Ltd. |  |  |  |
| $14000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2A, Class AR, 3 Mo. LIBOR + 1.16% (b) (d) | 5.24% | 07/15/36 | $13598327 |
|  | OHA Credit Funding 4 Ltd. |  |  |  |
| 12685000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-4A, Class BR, 3 Mo. LIBOR + 1.65% (b) (d) | 5.97% | 10/22/36 | 12170147 |
|  | Progress Residential Trust |  |  |  |
| 9120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR2, Class G (b) | 4.25% | 04/19/38 | 7745774 |
| 4130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR3, Class G (b) | 4.25% | 05/17/26 | 3522705 |
|  | Rad CLO 14 Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-14A, Class B, 3 Mo. LIBOR + 1.65% (b) (d) | 5.73% | 01/15/35 | 9550000 |
|  | Residential Asset Securities Corp. |  |  |  |
| 77426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-EMX3, Class A3, 1 Mo. LIBOR + 0.28% (d) | 4.58% | 04/25/36 | 75981 |
| 620552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-KS3, Class M1, 1 Mo. LIBOR + 0.33% (d) | 4.15% | 04/25/36 | 607466 |
|  | Rockford Tower CLO Ltd. |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-3A, Class A, 3 Mo. LIBOR + 1.19% (b) (d) | 5.43% | 10/20/30 | 9860023 |
|  | Saxon Asset Securities Trust |  |  |  |
| 553439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class A2C, 1 Mo. LIBOR + 0.24% (d) | 4.28% | 05/25/47 | 390126 |
|  | Securitized Asset-Backed Receivables LLC Trust |  |  |  |
| 23026887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WM4, Class A1, 1 Mo. LIBOR + 0.38% (b) (d) | 4.42% | 11/25/36 | 11866315 |
|  | Skyline Aircraft Finance LLC |  |  |  |
| 12636586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A (j) (k) | 3.23% | 05/10/38 | 11247825 |
|  | SLC Student Loan Trust |  |  |  |
| 4886844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class A6, 3 Mo. LIBOR + 0.16% (d) | 3.45% | 03/15/55 | 4615384 |
| 103051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-2, Class A6, 3 Mo. LIBOR + 0.16% (d) | 3.45% | 09/15/39 | 96853 |
| 1233457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-1, Class A4A, 3 Mo. LIBOR + 1.60% (d) | 4.89% | 12/15/32 | 1227694 |
|  | SLM Student Loan Trust |  |  |  |
| 434284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-9, Class A7A, 3 Mo. LIBOR + 0.60% (d) | 4.96% | 01/25/41 | 421793 |
| 80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-7, Class B, 3 Mo. LIBOR + 0.75% (d) | 5.11% | 10/27/70 | 63284 |
| 130000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-2, Class B, 3 Mo. LIBOR + 1.20% (d) | 5.56% | 01/25/83 | 100476 |
| 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-3, Class B, 3 Mo. LIBOR + 1.20% (d) | 5.56% | 04/26/83 | 577709 |
| 4164551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-6, Class A4, 3 Mo. LIBOR + 1.10% (d) | 5.46% | 07/25/23 | 4026037 |
| 320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-7, Class B, 3 Mo. LIBOR + 1.85% (d) | 6.21% | 07/26/83 | 274550 |
| 1920466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-8, Class A4, 3 Mo. LIBOR + 1.50% (d) | 5.86% | 04/25/23 | 1912395 |
| 3215961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-2, Class A2, 1 Mo. LIBOR + 1.20% (d) | 5.22% | 10/25/34 | 3199691 |
| 613219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-2, Class A, 1 Mo. LIBOR + 0.70% (d) | 4.72% | 01/25/29 | 587165 |
| 591558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-3, Class A, 1 Mo. LIBOR + 0.65% (d) | 4.67% | 12/27/38 | 564263 |
| 216805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-6, Class A3, 1 Mo. LIBOR + 0.75% (d) | 4.77% | 05/26/26 | 208931 |
| 3219096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-7, Class A3, 1 Mo. LIBOR + 0.65% (d) | 4.67% | 05/26/26 | 3083604 |
| 555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-7, Class B, 1 Mo. LIBOR + 1.80% (d) | 5.82% | 09/25/43 | 520791 |
| 113632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-2, Class A, 1 Mo. LIBOR + 0.45% (d) | 4.47% | 06/25/43 | 108116 |
|  | Soundview Home Loan Trust |  |  |  |
| 6180761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OPT4, Class 1A1, 1 Mo. LIBOR + 1.00% (d) | 5.04% | 09/25/37 | 4232023 |
|  | Structured Asset Investment Loan Trust |  |  |  |
| 615228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-6, Class A3, 1 Mo. LIBOR + 0.80% (d) | 4.84% | 07/25/34 | 589635 |
| 54803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-2, Class M2, 1 Mo. LIBOR + 0.74% (d) | 4.78% | 03/25/35 | 54333 |
|  | Structured Asset Securities Corp. Mortgage Loan Trust |  |  |  |
| 847021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-NC2, Class M5, 1 Mo. LIBOR + 0.93% (d) | 4.97% | 05/25/35 | 837852 |
|  | TAL Advantage VII LLC |  |  |  |
| 9165000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (b) | 2.05% | 09/20/45 | 7991959 |
|  | TIF Funding II LLC |  |  |  |
| 7937833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (b) | 2.09% | 08/20/45 | 6806200 |
|  | Trestles CLO V Ltd. |  |  |  |
| 13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-5A, Class A1, 3 Mo. LIBOR + 1.17% (b) (d) | 5.41% | 10/20/34 | 12557471 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  |  | Voya CLO Ltd. |  |  |  |  |
| $| 13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class AR, 3 Mo. LIBOR + 1.15% (b) (d) | 5.23% | 07/16/34 | $| 12599382 |
|  |  | Wachovia Student Loan Trust |  |  |  |  |
|  | 657815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class A6, 3 Mo. LIBOR + 0.17% (b) (d) | 4.53% | 04/25/40 |  | 629866 |
|  |  | WaMu Asset-Backed Certificates WaMu Trust |  |  |  |  |
|  | 1078140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE2, Class 2A1, 1 Mo. LIBOR + 0.11% (d) | 4.15% | 04/25/37 |  | 421288 |
|  | 3741329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE2, Class 2A2, 1 Mo. LIBOR + 0.19% (d) | 4.23% | 04/25/37 |  | 1465535 |
|  | 8017134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE2, Class 2A3, 1 Mo. LIBOR + 0.25% (d) | 4.29% | 04/25/37 |  | 3145601 |
|  |  | Wellman Park CLO Ltd. |  |  |  |  |
|  | 11650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class B, 3 Mo. LIBOR + 1.60% (b) (d) | 5.68% | 07/15/34 |  | 11115059 |
|  |  | **Total Asset-Backed Securities** |  |  |  | 422157860 |
|  |  | (Cost $468,213,994) |  |  |  |  |
| **MORTGAGE-BACKED SECURITIES — 11.6%** | **MORTGAGE-BACKED SECURITIES — 11.6%** | **MORTGAGE-BACKED SECURITIES — 11.6%** | **MORTGAGE-BACKED SECURITIES — 11.6%** | **MORTGAGE-BACKED SECURITIES — 11.6%** | **MORTGAGE-BACKED SECURITIES — 11.6%** | **MORTGAGE-BACKED SECURITIES — 11.6%** |
|  |  | **Collateralized Mortgage Obligations — 8.2%** |  |  |  |  |
|  |  | Ajax Mortgage Loan Trust |  |  |  |  |
|  | 2557268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-F, Class A1, steps up to 3.86% on 11/25/26 (b) (l) | 2.86% | 07/25/59 |  | 2409920 |
|  |  | Alternative Loan Trust |  |  |  |  |
|  | 5138705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-16, Class A4, 1 Mo. LIBOR + 0.48% (d) | 4.52% | 06/25/35 |  | 4292373 |
|  | 5785233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-56, Class 1A1, 1 Mo. LIBOR + 1.46% (d) | 5.50% | 11/25/35 |  | 5115822 |
|  | 5609165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-67CB, Class A1 | 5.50% | 01/25/36 |  | 4301122 |
|  | 2622596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-13, Class A1 | 6.00% | 06/25/47 |  | 1394692 |
|  |  | American Home Mortgage Assets Trust |  |  |  |  |
|  | 12075430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class A1, 12 Mo. Treasury Average + 0.70% (d) | 2.39% | 02/25/47 |  | 4980889 |
|  |  | American Home Mortgage Investment Trust |  |  |  |  |
|  | 1622325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4, Class 1A1, 1 Mo. LIBOR + 0.58% (d) | 4.60% | 11/25/45 |  | 1389771 |
|  |  | Banc of America Funding Trust |  |  |  |  |
|  | 456503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-R6, Class 2A13 (b) (m) | 3.85% | 07/26/36 |  | 437584 |
|  |  | Bear Stearns Mortgage Funding Trust |  |  |  |  |
|  | 95512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class 1A1, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 07/25/36 |  | 83097 |
|  | 2310381 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class 1A1, 1 Mo. LIBOR + 0.18% (d) | 4.22% | 10/25/36 |  | 1890661 |
|  | 3190789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR5, Class 2A1, 1 Mo. LIBOR + 0.19% (d) | 4.23% | 01/25/37 |  | 2691777 |
|  | 169615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR5, Class 1A1G, 1 Mo. LIBOR + 0.16% (d) | 4.20% | 06/25/47 |  | 136401 |
|  |  | CIM Trust |  |  |  |  |
|  | 5242626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-R6, Class A1, 1 Mo. LIBOR + 1.08% (b) (d) | 4.84% | 09/25/58 |  | 5093513 |
|  | 2933221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-R1, Class A (b) | 3.25% | 10/25/58 |  | 2652830 |
|  | 3352691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-R4, Class A1 (b) | 3.00% | 10/25/59 |  | 3040153 |
|  | 5513536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-R3, Class A1A (b) | 4.00% | 01/26/60 |  | 5156699 |
|  | 7493241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-R4, Class A1A (b) (n) | 3.30% | 06/25/60 |  | 6824715 |
|  | 21112000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-R7, Class A1B (b) (n) | 2.25% | 12/27/61 |  | 15815970 |
|  | 5989900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NR3, Class A1, steps up to 5.57% on 04/25/24 (b) (l) | 2.57% | 06/25/57 |  | 5611708 |
|  | 18631770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NR4, Class A1, steps up to 5.82% on 10/25/24 (b) (l) | 2.82% | 10/25/61 |  | 17147857 |
|  | 15960154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R3, Class A1A (b) | 1.95% | 06/25/57 |  | 14038831 |
|  |  | CitiMortgage Alternative Loan Trust |  |  |  |  |
|  | 2129880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-A4, Class 1A8 | 6.00% | 09/25/36 |  | 1876704 |
|  |  | Credit Suisse Mortgage Trust |  |  |  |  |
|  | 8969885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class 1A4 | 5.75% | 03/25/37 |  | 5376104 |
|  | 26895809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-3, Class 1A1A | 5.84% | 04/25/37 |  | 6870106 |
|  | 14672762 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RP11 (b) (d) | 3.77% | 10/25/61 |  | 11215242 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | CSMCM Trust |  |  |  |
| $643714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RP11 (b) | 3.78% | 10/27/61 | $497411 |
|  | GMACM Mortgage Loan Trust |  |  |  |
| 1280265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-J1, Class A4 | 5.75% | 04/25/36 | 1081738 |
| 1305248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class 1A1 (m) | 2.98% | 04/19/36 | 978193 |
|  | GreenPoint Mortgage Funding Trust |  |  |  |
| 70984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class A1A, 1 Mo. LIBOR + 0.58% (d) | 4.62% | 02/25/36 | 59502 |
|  | GSR Mortgage Loan Trust |  |  |  |
| 21406942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OA1, Class 2A2, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 08/25/46 | 5712458 |
|  | HarborView Mortgage Loan Trust |  |  |  |
| 338819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-10, Class 2A1A, 1 Mo. LIBOR + 0.62% (d) | 4.56% | 11/19/35 | 257977 |
| 1132092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-7, Class 1A1, 1 Mo. LIBOR + 2.00% (d) | 6.02% | 10/25/37 | 940242 |
|  | HomeBanc Mortgage Trust |  |  |  |
| 598829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-2, Class A1, 1 Mo. LIBOR + 0.74% (d) | 4.78% | 12/25/34 | 551877 |
|  | Impac CMB Trust |  |  |  |
| 162291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-2, Class 1A1, 1 Mo. LIBOR + 0.52% (d) | 4.54% | 04/25/35 | 147670 |
| 524998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4, Class 1A1A, 1 Mo. LIBOR + 0.27% (d) | 4.30% | 05/25/35 | 481706 |
|  | IndyMac INDX Mortgage Loan Trust |  |  |  |
| 1291546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR14, Class 2A1A, 1 Mo. LIBOR + 0.60% (d) | 4.64% | 07/25/35 | 1043400 |
| 18001565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR29, Class A1 (m) | 3.31% | 01/25/36 | 15116398 |
| 3169167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR6, Class 2A1A, 1 Mo. LIBOR + 0.40% (d) | 4.44% | 06/25/46 | 2442411 |
| 3759437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FLX4, Class 2A2, 1 Mo. LIBOR + 0.25% (d) | 4.29% | 07/25/37 | 3206606 |
|  | JP Morgan Mortgage Trust |  |  |  |
| 1482040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-A4, Class 1A1 (m) | 3.48% | 06/25/36 | 1081345 |
|  | Lehman XS Trust |  |  |  |
| 240506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-16N, Class A4A, 1 Mo. LIBOR + 0.38% (d) | 4.42% | 11/25/46 | 201252 |
| 4600346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-16N, Class 1A1, 1 Mo. LIBOR + 0.94% (d) | 4.98% | 09/25/47 | 4081386 |
| 2381936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-16N, Class 2A1, 1 Mo. LIBOR + 0.80% (d) | 4.84% | 09/25/47 | 1941249 |
|  | Merrill Lynch Alternative Note Asset Trust |  |  |  |
| 3180429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OAR3, Class A1, 1 Mo. LIBOR + 0.19% (d) | 4.23% | 07/25/47 | 2679752 |
|  | Morgan Stanley Mortgage Loan Trust |  |  |  |
| 78995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-6AR, Class 1M1, 1 Mo. LIBOR + 0.98% (d) | 5.02% | 07/25/34 | 79141 |
| 27647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-2AR, Class A, 1 Mo. LIBOR + 0.26% (d) | 4.30% | 04/25/35 | 25619 |
|  | MortgageIT Trust |  |  |  |
| 47331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-5, Class A1, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 12/25/35 | 44514 |
|  | Nomura Resecuritization Trust |  |  |  |
| 659647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-5R, Class 1A1 (b) | 4.00% | 08/26/37 | 654567 |
|  | Opteum Mortgage Acceptance Corp. |  |  |  |
| 907114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-5, Class 1A1D, 1 Mo. LIBOR + 0.76% (d) | 4.80% | 12/25/35 | 823654 |
| 287537 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 1APT, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 04/25/36 | 246052 |
|  | Pretium Mortgage Credit Partners LLC |  |  |  |
| 10407820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-RN3, Class A1 (b) | 5.00% | 08/25/52 | 10122681 |
|  | PRPM LLC |  |  |  |
| 10466591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-7, Class A1, steps up to 4.87% on 8/25/24 (b) (l) | 1.87% | 08/25/26 | 9460286 |
| 19336120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-10, Class A1, steps up to 5.49% on 10/25/24 (b) (l) | 2.49% | 10/25/26 | 17871257 |
|  | RALI Trust |  |  |  |
| 6440077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QS7, Class 1A1 | 6.00% | 05/25/37 | 5120282 |
| 3216883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QS9, Class A33 | 6.50% | 07/25/37 | 2570311 |
|  | RFMSI Trust |  |  |  |
| 6516775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-S6, Class 1A4 | 6.00% | 06/25/37 | 4798100 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |
| 18577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-12, Class 3A1 (m) | 3.88% | 09/25/34 | 17745 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | Structured Adjustable Rate Mortgage Loan Trust (Continued) |  |  |  |
| $24350531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-2, Class 4A1 (m) | 3.72% | 03/25/36 | $15359261 |
|  | Structured Asset Mortgage Investments II Trust |  |  |  |
| 2321445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class 3A1, 1 Mo. LIBOR + 0.46% (d) | 4.50% | 02/25/36 | 2040085 |
| 6423122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR7, Class A1A, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 08/25/36 | 5883583 |
| 3310458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR6, Class A1, 12 Mo. Treasury Average + 1.50% (d) | 3.19% | 08/25/47 | 2886393 |
|  | WaMu Mortgage Pass-Through Certificates Trust |  |  |  |
| 72310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR1, Class A2A1, 1 Mo. LIBOR + 0.68% (d) | 4.72% | 01/25/45 | 66061 |
| 145112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR15, Class A1A1, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 11/25/45 | 129210 |
| 191010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class A1A, 12 Mo. Treasury Average + 1.00% (d) | 2.69% | 02/25/46 | 167201 |
| 297192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR4, Class 1A1A, 12 Mo. Treasury Average + 0.94% (d) | 2.31% | 05/25/46 | 254407 |
|  |  |  |  | 250967524 |
|  | **Commercial Mortgage-Backed Securities — 3.4%** |  |  |  |
|  | BX Commercial Mortgage Trust |  |  |  |
| 8821865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-XL, Class A, 1 Mo. CME Term SOFR + 1.03% (b) (d) | 4.83% | 10/15/36 | 8673675 |
| 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-ARIA, Class F, 1 Mo. LIBOR + 2.59% (b) (d) | 6.47% | 10/15/36 | 3519476 |
| 4633575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-XL2, Class J, 1 Mo. LIBOR + 3.89% (b) (d) | 7.77% | 10/15/38 | 4263353 |
|  | BXSC Commercial Mortgage Trust |  |  |  |
| 8450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-WSS, Class D, 1 Mo. CME Term SOFR + 3.19% (b) (d) | 6.98% | 03/15/35 | 8016444 |
|  | CAMB Commercial Mortgage Trust |  |  |  |
| 9150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-LIFE, Class F, 1 Mo. LIBOR + 2.55% (b) (d) | 6.42% | 12/15/37 | 8624281 |
|  | DROP Mortgage Trust |  |  |  |
| 12284000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FILE, Class B, 1 Mo. LIBOR + 1.70% (b) (d) | 5.58% | 10/15/43 | 11333936 |
|  | Life Mortgage Trust |  |  |  |
| 7863761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BMR, Class G, 1 Mo. LIBOR + 2.95% (b) (d) | 6.83% | 03/15/38 | 7357959 |
|  | Manhattan West |  |  |  |
| 3855000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1MW, Class A (b) | 2.13% | 09/10/39 | 3319980 |
|  | Med Trust |  |  |  |
| 7000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-MDLN, Class D, 1 Mo. LIBOR + 2.00% (b) (d) | 5.88% | 11/15/38 | 6599464 |
|  | MSCG Trust |  |  |  |
| 13828705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-SELF, Class F, 1 Mo. LIBOR + 3.05% (b) (d) | 6.92% | 10/15/37 | 13008786 |
|  | MSDB Trust |  |  |  |
| 4800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-712F, Class A (b) (m) | 3.43% | 07/11/39 | 4231798 |
|  | NCMF Trust |  |  |  |
| 10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-MFP, Class C, 1 Mo. CME Term SOFR + 2.84% (b) (d) | 6.63% | 03/15/39 | 9685537 |
|  | SFAVE Commercial Mortgage Securities Trust |  |  |  |
| 9265000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-5AVE, Class A2A (b) (m) | 3.66% | 01/05/43 | 6576251 |
|  | SFO Commercial Mortgage Trust |  |  |  |
| 3787000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-555, Class A, 1 Mo. LIBOR + 1.15% (b) (d) | 5.03% | 05/15/38 | 3495526 |
|  | SLG Office Trust |  |  |  |
| 5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-OVA, Class F (b) | 2.85% | 07/15/41 | 3325481 |
|  | TPGI Trust |  |  |  |
| 4500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-DGWD, Class E, 1 Mo. LIBOR + 2.35% (b) (d) | 6.23% | 06/15/26 | 4130960 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Commercial Mortgage-Backed Securities (Continued)** |  |  |  |
|  | UBS-Barclays Commercial Mortgage Trust |  |  |  |
| $52436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C6, Class A3 | 2.97% | 04/10/46 | $51999 |
|  |  |  |  | 106214906 |
|  | **Total Mortgage-Backed Securities** |  |  | 357182430 |
|  | (Cost $413,673,536) |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES — 7.8%** | **FOREIGN CORPORATE BONDS AND NOTES — 7.8%** | **FOREIGN CORPORATE BONDS AND NOTES — 7.8%** | **FOREIGN CORPORATE BONDS AND NOTES — 7.8%** | **FOREIGN CORPORATE BONDS AND NOTES — 7.8%** |
|  | **Agriculture — 0.3%** |  |  |  |
| 1780000 | Imperial Brands Finance PLC (USD) (b) | 3.50% | 02/11/23 | 1769973 |
| 2325000 | Imperial Brands Finance PLC (USD) (b) | 3.13% | 07/26/24 | 2218649 |
| 1790000 | Imperial Brands Finance PLC (USD) (b) | 4.25% | 07/21/25 | 1709873 |
| 3295000 | Imperial Brands Finance PLC (USD) (b) | 3.50% | 07/26/26 | 3035899 |
|  |  |  |  | 8734394 |
|  | **Airlines — 0.0%** |  |  |  |
| 596400 | Air Canada Pass-Through Trust, Series 2017-1, Class AA (USD) (b) | 3.30% | 01/15/30 | 512867 |
|  | **Banks — 3.9%** |  |  |  |
| 12020000 | Credit Suisse Group AG (USD) (b) (c) | 1.31% | 02/02/27 | 9506596 |
| 3365000 | Credit Suisse Group AG (USD) (b) | 4.28% | 01/09/28 | 2743688 |
| 5260000 | Credit Suisse Group AG (USD) (b) (c) | 3.09% | 05/14/32 | 3588328 |
| 9640000 | Credit Suisse Group AG (USD) (b) (c) | 6.54% | 08/12/33 | 8456415 |
| 6195000 | Credit Suisse Group AG (USD) (b) (c) | 9.02% | 11/15/33 | 6295260 |
| 7000000 | DNB Bank ASA (USD) (b) (c) | 1.61% | 03/30/28 | 5955442 |
| 1830000 | HSBC Holdings PLC (USD) (c) | 2.10% | 06/04/26 | 1659747 |
| 2095000 | HSBC Holdings PLC (USD) (c) | 4.76% | 06/09/28 | 1988016 |
| 6100000 | HSBC Holdings PLC (USD) (c) | 2.01% | 09/22/28 | 5066570 |
| 7800000 | HSBC Holdings PLC (USD) (c) | 2.21% | 08/17/29 | 6309720 |
| 1755000 | HSBC Holdings PLC (USD) (c) | 2.36% | 08/18/31 | 1341402 |
| 9845000 | HSBC Holdings PLC (USD) (c) | 2.80% | 05/24/32 | 7657550 |
| 3000000 | Lloyds Banking Group PLC (USD) (c) | 3.87% | 07/09/25 | 2889213 |
| 5000000 | Lloyds Banking Group PLC (USD) (c) | 1.63% | 05/11/27 | 4310628 |
| 3000000 | Lloyds Banking Group PLC (USD) (c) | 3.57% | 11/07/28 | 2680058 |
| 1245000 | Lloyds Banking Group PLC (USD) (c) | 4.98% | 08/11/33 | 1147406 |
| 7600000 | Macquarie Group Ltd. (USD) (b) (c) | 1.34% | 01/12/27 | 6574116 |
| 4775000 | Macquarie Group Ltd. (USD) (b) (c) | 2.87% | 01/14/33 | 3670664 |
| 1710000 | Macquarie Group Ltd. (USD) (b) (c) | 4.44% | 06/21/33 | 1489386 |
| 9800000 | NatWest Group PLC (USD) (c) | 4.27% | 03/22/25 | 9539783 |
| 10775000 | Santander UK Group Holdings PLC (USD) (c) | 4.80% | 11/15/24 | 10575422 |
| 5545000 | Santander UK Group Holdings PLC (USD) (c) | 1.09% | 03/15/25 | 5146901 |
| 930000 | Santander UK Group Holdings PLC (USD) (c) | 1.53% | 08/21/26 | 817189 |
| 5250000 | Santander UK Group Holdings PLC (USD) (c) | 1.67% | 06/14/27 | 4455002 |
| 1735000 | Santander UK Group Holdings PLC (USD) (c) | 2.47% | 01/11/28 | 1478359 |
| 3215000 | UBS AG (USD), SOFR + 0.45% (b) (d) | 4.23% | 08/09/24 | 3186302 |
| 1200000 | UBS Group AG (USD) (b) (c) | 4.70% | 08/05/27 | 1161644 |
|  |  |  |  | 119690807 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Beverages — 0.4%** |  |  |  |
| 7945000 | Bacardi Ltd. (USD) (b) | 4.45% | 05/15/25 | $7719571 |
| 7000000 | Becle SAB de CV (USD) (b) | 2.50% | 10/14/31 | 5450865 |
|  |  |  |  | 13170436 |
|  | **Commercial Services — 0.1%** |  |  |  |
| 2800000 | DP World Crescent Ltd. (USD) (b) | 4.85% | 09/26/28 | 2735116 |
|  | **Computers — 0.1%** |  |  |  |
| 1790000 | Lenovo Group Ltd. (USD) (b) | 6.54% | 07/27/32 | 1742239 |
|  | **Diversified Financial Services — 0.6%** |  |  |  |
| 1000000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 3.50% | 01/15/25 | 954345 |
| 1296000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 4.45% | 10/01/25 | 1244745 |
| 11200000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 3.00% | 10/29/28 | 9470859 |
| 1755000 | Avolon Holdings Funding Ltd. (USD) (b) | 2.88% | 02/15/25 | 1612255 |
| 670000 | Avolon Holdings Funding Ltd. (USD) (b) | 3.25% | 02/15/27 | 569999 |
| 5256000 | Avolon Holdings Funding Ltd. (USD) (b) | 2.53% | 11/18/27 | 4254568 |
| 850000 | Park Aerospace Holdings Ltd. (USD) (b) | 4.50% | 03/15/23 | 845856 |
| 467000 | Park Aerospace Holdings Ltd. (USD) (b) | 5.50% | 02/15/24 | 460313 |
|  |  |  |  | 19412940 |
|  | **Electric — 0.0%** |  |  |  |
| 1200000 | Empresas Publicas de Medellin ESP (USD) (o) | 4.38% | 02/15/31 | 890244 |
| 250000 | Mong Duong Finance Holdings B.V. (USD) (o) | 5.13% | 05/07/29 | 213438 |
|  |  |  |  | 1103682 |
|  | **Engineering & Construction — 0.1%** |  |  |  |
| 4335000 | Heathrow Funding Ltd., Medium-Term Note (EUR) (o) | 1.88% | 03/14/34 | 3348989 |
|  | **Food — 0.3%** |  |  |  |
| 150000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 5.50% | 01/15/30 | 144087 |
| 1505000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 3.75% | 12/01/31 | 1249270 |
| 2115000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 3.00% | 05/15/32 | 1661756 |
| 3000000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 4.38% | 02/02/52 | 2186790 |
| 4015000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 6.50% | 12/01/52 | 3879594 |
|  |  |  |  | 9121497 |
|  | **Internet — 0.2%** |  |  |  |
| 2775000 | Tencent Holdings Ltd. (USD) (b) | 3.98% | 04/11/29 | 2547070 |
| 3290000 | Tencent Holdings Ltd. (USD) (b) | 3.84% | 04/22/51 | 2287720 |
|  |  |  |  | 4834790 |
|  | **Mining — 0.0%** |  |  |  |
| 600000 | Indonesia Asahan Aluminium Persero PT (USD) (b) | 5.45% | 05/15/30 | 563370 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Miscellaneous Manufacturing — 0.2%** |  |  |  |
| 4789000 | GE Capital International Funding Co. Unlimited Co. (USD) | 4.42% | 11/15/35 | $4529156 |
|  | **Oil & Gas — 0.5%** |  |  |  |
| 400000 | Ecopetrol S.A. (USD) | 6.88% | 04/29/30 | 358878 |
| 1383000 | KazMunayGas National Co. JSC (USD) (o) | 5.38% | 04/24/30 | 1243970 |
| 1200000 | KazMunayGas National Co. JSC (USD) (b) | 3.50% | 04/14/33 | 890208 |
| 2504000 | Pertamina Persero PT (USD) (b) | 3.10% | 08/27/30 | 2174376 |
| 846000 | Petroleos Mexicanos (USD) | 5.95% | 01/28/31 | 635187 |
| 3660000 | Petroleos Mexicanos (USD) | 6.75% | 09/21/47 | 2329910 |
| 1460000 | Petroleos Mexicanos (USD) | 7.69% | 01/23/50 | 1007414 |
| 1705000 | Petroleos Mexicanos (USD) | 6.95% | 01/28/60 | 1093722 |
| 1113000 | Petronas Capital Ltd. (USD) (b) | 3.50% | 04/21/30 | 1025240 |
| 1650000 | Petronas Capital Ltd. (USD) (b) | 2.48% | 01/28/32 | 1373872 |
| 1400000 | Qatar Energy (USD) (o) | 2.25% | 07/12/31 | 1169078 |
| 1800000 | Saudi Arabian Oil Co. (USD) (o) | 1.63% | 11/24/25 | 1644189 |
| 452375 | Transocean Poseidon Ltd. (USD) (b) | 6.88% | 02/01/27 | 440523 |
|  |  |  |  | 15386567 |
|  | **Oil & Gas Services — 0.1%** |  |  |  |
| 3600000 | Transocean Proteus Ltd. (USD) (b) | 6.25% | 12/01/24 | 3533634 |
|  | **Packaging & Containers — 0.1%** |  |  |  |
| 3000000 | Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc. (USD) (b) | 5.25% | 08/15/27 | 2274450 |
| 1000000 | Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc. (USD) (b) | 5.25% | 08/15/27 | 758150 |
|  |  |  |  | 3032600 |
|  | **Pipelines — 0.1%** |  |  |  |
| 1664388 | Galaxy Pipeline Assets Bidco Ltd. (USD) (b) | 2.16% | 03/31/34 | 1410015 |
| 800000 | Southern Gas Corridor CJSC (USD) (o) | 6.88% | 03/24/26 | 821888 |
|  |  |  |  | 2231903 |
|  | **Real Estate — 0.0%** |  |  |  |
| 500000 | Vonovia SE (EUR) (o) | 1.50% | 06/14/41 | 325984 |
|  | **Real Estate Investment Trusts — 0.0%** |  |  |  |
| 1000000 | Ascendas Real Estate Investment Trust, Medium-Term Note (EUR) (o) | 0.75% | 06/23/28 | 834506 |
|  | **Retail — 0.1%** |  |  |  |
| 100000 | Alimentation Couche-Tard, Inc. (USD) (b) | 3.55% | 07/26/27 | 92295 |
| 4230000 | Alimentation Couche-Tard, Inc. (USD) (b) | 3.80% | 01/25/50 | 3039716 |
|  |  |  |  | 3132011 |
|  | **Savings & Loans — 0.4%** |  |  |  |
| 6645000 | Nationwide Building Society (USD) (b) (c) | 3.77% | 03/08/24 | 6592322 |
| 1300000 | Nationwide Building Society (USD) (b) (c) | 4.36% | 08/01/24 | 1281278 |
| 4055000 | Nationwide Building Society (USD) (b) (c) | 2.97% | 02/16/28 | 3555766 |
|  |  |  |  | 11429366 |
|  | **Telecommunications — 0.3%** |  |  |  |
| 200000 | C&W Senior Financing DAC (USD) (b) | 6.88% | 09/15/27 | 178500 |
| 2000000 | Intelsat Jackson Holdings S.A. (USD) (e) | 5.50% | 08/01/23 | 17200 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Telecommunications (Continued)** |  |  |  |
| 3860000 | Intelsat Jackson Holdings S.A. (USD) (b) (e) | 8.50% | 10/15/24 | $28950 |
| 390000 | Intelsat Jackson Holdings S.A. (USD) (b) (e) | 9.75% | 07/15/25 | 3354 |
| 2113000 | Intelsat Jackson Holdings S.A. (USD) (b) (e) | 6.50% | 03/15/30 | 1949242 |
| 500000 | SES S.A. (USD) (b) | 3.60% | 04/04/23 | 495388 |
| 5640000 | Vodafone Group PLC (USD) | 5.25% | 05/30/48 | 5073590 |
| 1477000 | Vodafone Group PLC (USD) | 4.88% | 06/19/49 | 1262435 |
| 1375000 | Vodafone Group PLC (USD) | 4.25% | 09/17/50 | 1087983 |
|  |  |  |  | 10096642 |
|  | **Transportation — 0.0%** |  |  |  |
| 326000 | Empresa de Transporte de Pasajeros Metro S.A. (USD) (b) | 3.65% | 05/07/30 | 291979 |
|  | **Total Foreign Corporate Bonds and Notes** |  |  | 239795475 |
|  | (Cost $273,083,026) |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Rate (p)** | **Stated<br> Maturity (q)** | **Value** |
| **SENIOR FLOATING-RATE LOAN INTERESTS — 2.2%** | **SENIOR FLOATING-RATE LOAN INTERESTS — 2.2%** | **SENIOR FLOATING-RATE LOAN INTERESTS — 2.2%** | **SENIOR FLOATING-RATE LOAN INTERESTS — 2.2%** | **SENIOR FLOATING-RATE LOAN INTERESTS — 2.2%** |
|  | **Airlines — 0.0%** |  |  |  |
| $298565 | AAdvantage Loyalty IP Ltd., Term Loan, 1 Mo. LIBOR + 4.75%, 0.75% Floor | 8.99% | 04/20/28 | 296487 |
| 384105 | United Airlines, Inc., Term Loan B, 1 Mo. LIBOR + 3.75%, 0.75% Floor | 8.11% | 04/21/28 | 378755 |
|  |  |  |  | 675242 |
|  | **Broker Asset Management Exchange — 0.0%** |  |  |  |
| 169566 | Deerfield Dakota Holding LLC, Term Loan B, 1 Mo. CME Term SOFR + 3.75%, 1.00% Floor | 7.84% | 04/09/27 | 159998 |
|  | **Cable and Satellite — 0.1%** |  |  |  |
| 932500 | DIRECTV Financing LLC, Term Loan, 1 Mo. LIBOR + 5.00%, 0.75% Floor | 9.07% | 08/02/27 | 891805 |
| 2308036 | EagleView Technology Corp., Term Loan B, 3 Mo. LIBOR + 3.50%, 0.00% Floor | 7.17% | 08/14/25 | 2055606 |
| 725000 | Virgin Media Bristol LLC, Term Loan N, 1 Mo. LIBOR + 2.50%, 0.00% Floor | 6.37% | 01/31/28 | 705853 |
|  |  |  |  | 3653264 |
|  | **Consumer Cyclical Service — 0.0%** |  |  |  |
| 550891 | Arches Buyer, Inc., Term Loan, 1 Mo. LIBOR + 3.25%, 0.50% Floor | 7.32% | 12/06/27 | 499818 |
|  | **Consumer Products — 0.1%** |  |  |  |
| 105155 | AI Aqua Merger Sub, Inc., Delayed Draw Term Loan, 1 Mo. CME Term SOFR + 4.00%, 0.50% Floor | 7.82% | 07/30/28 | 99722 |
| 604641 | AI Aqua Merger Sub, Inc., Term Loan B, 1 Mo. CME Term SOFR + 4.00%, 0.50% Floor | 7.82% | 07/30/28 | 573399 |
| 833170 | Sunshine Luxembourg VII, Term Loan B, 1 Mo. LIBOR + 3.75%, 0.75% Floor | 7.42% | 10/02/26 | 790212 |
| 2577031 | Zep, Inc., Term Loan B, 1 Yr. LIBOR + 4.00%, 1.00% Floor | 7.67% | 08/11/24 | 2232353 |
|  |  |  |  | 3695686 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Rate (p)** | **Stated<br> Maturity (q)** | **Value** |
| **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** |
|  | **Diversified Manufacturing — 0.0%** |  |  |  |
| $144254 | AZZ, Inc., Term Loan B, 1 Mo. CME Term SOFR + 4.35%, 0.50% Floor | 8.08% | 05/13/29 | $143623 |
|  | **Finance Companies — 0.2%** |  |  |  |
| 4949749 | Avolon TLB Borrower 1 (U.S.) LLC, Term Loan B, 1 Mo. LIBOR + 2.25%, 0.50% Floor | 6.19% | 12/01/27 | 4908765 |
| 1450000 | Setanta Aircraft Leasing DAC, Term Loan B, 3 Mo. LIBOR + 2.00%, 0.00% Floor | 5.67% | 11/05/28 | 1430367 |
|  |  |  |  | 6339132 |
|  | **Food and Beverage — 0.0%** |  |  |  |
| 507721 | Hostess Brands LLC, Term Loan B, 3 Mo. LIBOR + 2.25%, 0.75% Floor | 6.66% | 08/03/25 | 504177 |
| 1364 | Naked Juice LLC, Delayed Draw Term Loan, 1 Mo. CME Term SOFR + 3.25%, 0.50% Floor | 7.39% | 01/24/29 | 1282 |
| 544432 | Naked Juice LLC, Term Loan, 3 Mo. CME Term SOFR + 3.25%, 0.50% Floor | 6.90% | 01/24/29 | 511767 |
|  |  |  |  | 1017226 |
|  | **Gaming — 0.0%** |  |  |  |
| 1354505 | Caesars Resort Collection LLC, Term Loan B, 1 Mo. LIBOR + 3.50%, 0.00% Floor | 7.57% | 07/20/25 | 1343953 |
|  | **Healthcare — 0.3%** |  |  |  |
| 2117750 | ADMI Corp., Term Loan B, 1 Mo. LIBOR + 3.38%, 0.50% Floor | 7.45% | 12/23/27 | 1945683 |
| 124053 | Gainwell Acquisition Corp., Term Loan B, 3 Mo. LIBOR + 4.00%, 0.75% Floor | 7.67% | 10/01/27 | 120827 |
| 2847046 | Grifols Worldwide Operations Ltd., Term Loan B, 1 Mo. LIBOR + 2.00%, 0.00% Floor | 6.07% | 11/15/27 | 2754119 |
| 597000 | Mozart Borrower L.P., Term Loan B, 1 Mo. LIBOR + 3.25%, 0.50% Floor | 7.32% | 10/21/28 | 566320 |
| 1448777 | Pathway Vet Alliance LLC, Term Loan A, 1 Mo. LIBOR + 3.75%, 0.00% Floor | 7.42% | 03/31/27 | 1270273 |
| 1995000 | Phoenix Newco, Inc., Term Loan, 1 Mo. LIBOR + 3.25%, 0.50% Floor | 7.32% | 11/15/28 | 1915958 |
|  |  |  |  | 8573180 |
|  | **Insurance — 0.2%** |  |  |  |
| 1138295 | Acrisure LLC, Term Loan B, 1 Mo. LIBOR + 3.50%, 0.00% Floor | 7.57% | 02/15/27 | 1063691 |
| 3462536 | AmWINS Group, Inc., Term Loan B, 1 Mo. LIBOR + 2.25%, 0.75% Floor | 6.32% | 02/19/28 | 3387780 |
| 351507 | Asurion LLC (fka Asurion Corp.), Term Loan B, 1 Mo. LIBOR + 3.25%, 0.00% Floor | 7.32% | 12/23/26 | 306982 |
| 211371 | Asurion LLC (fka Asurion Corp.), Term Loan B, 1 Mo. LIBOR + 5.25%, 0.00% Floor | 9.32% | 01/15/29 | 161874 |
|  |  |  |  | 4920327 |
|  | **Leisure — 0.0%** |  |  |  |
| 117249 | Cineworld Group PLC (Crown), Term Loan, 1 Mo. CME Term SOFR + 10.10%, 1.00% Floor | 12.78% | 09/09/23 | 112926 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Rate (p)** | **Stated<br> Maturity (q)** | **Value** |
| **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** |
|  | **Leisure (Continued)** |  |  |  |
| $79990 | Delta 2 Lux S.A.R.L., Term Loan B, 1 Mo. CME Term SOFR + 3.25%, 0.50% Floor | 7.04% | 01/15/30 | $79565 |
|  |  |  |  | 192491 |
|  | **Media Entertainment — 0.0%** |  |  |  |
| 935696 | Diamond Sports Group LLC, Term Loan B, 1 Mo. CME Term SOFR + 3.35%, 0.00% Floor | 7.14% | 08/24/26 | 152051 |
|  | **Medical Equipment & Devices — 0.1%** |  |  |  |
| 2504858 | Avantor Funding, Inc., Term Loan B, 1 Mo. LIBOR + 2.25%, 0.50% Floor | 6.32% | 11/06/27 | 2483567 |
|  | **Packaging — 0.2%** |  |  |  |
| 1273386 | Berry Global, Inc., Term Loan, 1 Mo. LIBOR + 1.75%, 0.00% Floor | 5.63% | 07/01/26 | 1256832 |
| 1522875 | Plaze, Inc., Term Loan B, 1 CME Term SOFR + 3.75%, 0.75% Floor | 7.82% | 08/03/26 | 1378202 |
| 2201973 | Proampac PG Borrower LLC, Term Loan B, 1 Mo. LIBOR + 3.75%, 0.75% Floor | 7.87% | 11/03/25 | 2122151 |
|  |  |  |  | 4757185 |
|  | **Pharmaceuticals — 0.3%** |  |  |  |
| 1617144 | Elanco Animal Health, Inc., Term Loan B, 1 Mo. LIBOR + 1.75%, 0.00% Floor | 5.59% | 08/01/27 | 1562824 |
| 1791079 | Horizon Therapeutics USA, Inc., Term Loan B, 1 Mo. LIBOR + 1.75%, 0.50% Floor | 5.81% | 03/15/28 | 1770930 |
| 2115474 | Jazz Financing LUX S.A.R.L., Term Loan B, 1 Mo. LIBOR + 3.50%, 0.50% Floor | 7.57% | 05/05/28 | 2096963 |
| 2492413 | Organon & Co., Term Loan, 1 Mo. LIBOR + 3.00%, 0.50% Floor | 6.84% | 06/02/28 | 2464996 |
| 748125 | Perrigo Investments LLC, Term Loan B, 1 Mo. CME Term SOFR + 2.50%, 0.50% Floor | 6.59% | 04/20/29 | 735968 |
|  |  |  |  | 8631681 |
|  | **Services — 0.1%** |  |  |  |
| 1665338 | Spin Holdco, Inc., Term Loan, 3 Mo. LIBOR + 4.00%, 0.75% Floor | 7.14% | 03/04/28 | 1485614 |
|  | **Technology — 0.4%** |  |  |  |
| 337068 | Central Parent Inc., Term Loan, 1 Mo. CME Term SOFR + 4.50%, 0.50% Floor | 8.11% | 07/06/29 | 332740 |
| 3939086 | Commscope, Inc., Term Loan B2, 3 Mo. LIBOR + 3.25%, 0.00% Floor | 7.32% | 04/04/26 | 3780302 |
| 145588 | DTI Holdco Inc., Term Loan, 1 Mo. CME Term SOFR + 4.75%, 0.75% Floor | 8.84% | 04/26/29 | 134215 |
| 770000 | Entegris, Inc., Term Loan B, 1 Mo. CME Term SOFR + 3.00%, 0.00% Floor | 7.09% | 07/06/29 | 762831 |
| 170000 | Mitnick Corporate Purchaser, Inc., Term Loan B, 3 Mo. CME Term SOFR + 4.75%, 0.50% Floor | 8.94% | 05/02/29 | 161075 |
| 3300000 | NortonLifeLock, Inc., Tern Loan B, 1 Mo. CME Term SOFR + 2.10%, 0.50% Floor | 6.19% | 09/12/29 | 3240864 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Rate (p)** | **Stated<br> Maturity (q)** | **Value** |
| **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** | **SENIOR FLOATING-RATE LOAN INTERESTS (Continued)** |
|  | **Technology (Continued)** |  |  |  |
| $276326 | Open Text Corp., Term Loan B, 1 Mo. CME Term SOFR + 3.50%, 0.50% Floor | 7.31% | 11/16/29 | $268152 |
| 169572 | RealPage, Inc., Term Loan B, 1 Mo. LIBOR + 3.00%, 0.50% Floor | 7.07% | 04/22/28 | 162048 |
| 3940691 | Waystar Technologies, Inc., Term Loan B, 1 Mo. LIBOR + 4.00%, 0.00% Floor | 8.07% | 10/23/26 | 3861877 |
|  |  |  |  | 12704104 |
|  | **Wirelines — 0.2%** |  |  |  |
| 2265000 | Level 3 Financing, Inc., Term Loan B, 1 Mo. LIBOR + 1.75%, 0.00% Floor | 5.82% | 03/01/27 | 2152453 |
| 3438674 | Lumen Technologies, Inc., Term Loan B, 1 Mo. LIBOR + 2.25%, 0.00% Floor | 6.32% | 03/15/27 | 3255290 |
| 1817515 | Zayo Group Holdings, Inc., Term Loan B, 1 Mo. CME Term SOFR + 4.25%, 0.50% Floor | 8.34% | 03/09/27 | 1412100 |
|  |  |  |  | 6819843 |
|  | **Total Senior Floating-Rate Loan Interests** |  |  | 68247985 |
|  | (Cost $71,201,766) |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS AND NOTES — 2.0%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 2.0%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 2.0%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 2.0%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 2.0%** |
|  | **Bahrain — 0.1%** |  |  |  |
| 1600000 | Bahrain Government International Bond (USD) (o) | 7.00% | 01/26/26 | 1639158 |
|  | **Brazil — 0.1%** |  |  |  |
| 650000 | Brazilian Government International Bond (USD) | 2.88% | 06/06/25 | 613938 |
| 600000 | Brazilian Government International Bond (USD) | 4.63% | 01/13/28 | 575919 |
| 3830000 | Brazilian Government International Bond (USD) | 3.88% | 06/12/30 | 3350209 |
|  |  |  |  | 4540066 |
|  | **Chile — 0.1%** |  |  |  |
| 1394000 | Chile Government International Bond (USD) | 3.24% | 02/06/28 | 1305654 |
| 200000 | Chile Government International Bond (USD) | 2.45% | 01/31/31 | 169326 |
| 2000000 | Chile Government International Bond (USD) | 2.55% | 01/27/32 | 1675873 |
|  |  |  |  | 3150853 |
|  | **Colombia — 0.1%** |  |  |  |
| 850000 | Colombia Government International Bond (USD) | 4.50% | 01/28/26 | 790946 |
| 3085000 | Colombia Government International Bond (USD) | 3.00% | 01/30/30 | 2328979 |
|  |  |  |  | 3119925 |
|  | **Dominican Republic — 0.1%** |  |  |  |
| 2485000 | Dominican Republic International Bond (USD) (b) | 4.50% | 01/30/30 | 2116361 |
| 1090000 | Dominican Republic International Bond (USD) (o) | 4.88% | 09/23/32 | 903805 |
|  |  |  |  | 3020166 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** |
|  | **Egypt — 0.1%** |  |  |  |
| 1300000 | Egypt Government International Bond (USD) (o) | 5.25% | 10/06/25 | $1163378 |
| 1200000 | Egypt Government International Bond (USD) (b) | 7.60% | 03/01/29 | 989360 |
|  |  |  |  | 2152738 |
|  | **Guatemala — 0.0%** |  |  |  |
| 390000 | Guatemala Government Bond (USD) (o) | 4.90% | 06/01/30 | 368926 |
| 500000 | Guatemala Government Bond (USD) (o) | 3.70% | 10/07/33 | 411250 |
|  |  |  |  | 780176 |
|  | **Hungary — 0.1%** |  |  |  |
| 3130000 | Hungary Government International Bond (USD) (b) | 2.13% | 09/22/31 | 2353626 |
|  | **Indonesia — 0.1%** |  |  |  |
| 957000 | Indonesia Government International Bond (USD) | 2.85% | 02/14/30 | 861292 |
| 2600000 | Perusahaan Penerbit SBSN Indonesia III (USD) (b) | 2.80% | 06/23/30 | 2297022 |
|  |  |  |  | 3158314 |
|  | **Mexico — 0.2%** |  |  |  |
| 2000000 | Mexico Government International Bond (USD) | 3.75% | 01/11/28 | 1903820 |
| 5772000 | Mexico Government International Bond (USD) | 2.66% | 05/24/31 | 4785861 |
|  |  |  |  | 6689681 |
|  | **Oman — 0.1%** |  |  |  |
| 1700000 | Oman Government International Bond (USD) (o) | 5.63% | 01/17/28 | 1669432 |
|  | **Panama — 0.1%** |  |  |  |
| 4108000 | Panama Government International Bond (USD) | 3.16% | 01/23/30 | 3570278 |
| 500000 | Panama Government International Bond (USD) | 2.25% | 09/29/32 | 377500 |
|  |  |  |  | 3947778 |
|  | **Paraguay — 0.1%** |  |  |  |
| 1900000 | Paraguay Government International Bond (USD) (b) | 4.95% | 04/28/31 | 1835875 |
| 2397000 | Paraguay Government International Bond (USD) (b) | 2.74% | 01/29/33 | 1918199 |
|  |  |  |  | 3754074 |
|  | **Peru — 0.1%** |  |  |  |
| 4775000 | Peruvian Government International Bond (USD) | 2.84% | 06/20/30 | 4093678 |
| 560000 | Peruvian Government International Bond (USD) | 2.78% | 01/23/31 | 470447 |
|  |  |  |  | 4564125 |
|  | **Philippines — 0.1%** |  |  |  |
| 1570000 | Philippine Government International Bond (USD) | 2.46% | 05/05/30 | 1359612 |
| 240000 | Philippine Government International Bond (USD) | 1.65% | 06/10/31 | 190784 |
|  |  |  |  | 1550396 |
|  | **Poland — 0.0%** |  |  |  |
| 323000 | Republic of Poland Government International Bond (USD) | 5.75% | 11/16/32 | 341326 |
|  | **Qatar — 0.1%** |  |  |  |
| 2874000 | Qatar Government International Bond (USD) (o) | 4.50% | 04/23/28 | 2894204 |
|  | **Romania — 0.1%** |  |  |  |
| 3000000 | Romanian Government International Bond (USD) (o) | 3.00% | 02/14/31 | 2403780 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value<br> (Local<br> Currency)** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** |
|  | **Saudi Arabia — 0.1%** |  |  |  |
| 2440000 | Saudi Government International Bond (USD) (o) | 3.63% | 03/04/28 | $2326884 |
|  | **South Africa — 0.1%** |  |  |  |
| 2874000 | Republic of South Africa Government International Bond (USD) | 4.85% | 09/30/29 | 2613693 |
| 1750000 | Republic of South Africa Government International Bond (USD) | 5.88% | 04/20/32 | 1624111 |
|  |  |  |  | 4237804 |
|  | **Turkey — 0.0%** |  |  |  |
| 1200000 | Turkey Government International Bond (USD) | 3.25% | 03/23/23 | 1203086 |
|  | **United Arab Emirates — 0.0%** |  |  |  |
| 787000 | Abu Dhabi Government International Bond (USD) (o) | 2.50% | 09/30/29 | 709148 |
|  | **Uruguay — 0.1%** |  |  |  |
| 1640000 | Uruguay Government International Bond (USD) | 4.38% | 01/23/31 | 1641816 |
|  | **Total Foreign Sovereign Bonds and Notes** |  |  | 61848556 |
|  | (Cost $71,502,013) |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **U.S. GOVERNMENT AGENCY SECURITIES — 1.6%** | **U.S. GOVERNMENT AGENCY SECURITIES — 1.6%** | **U.S. GOVERNMENT AGENCY SECURITIES — 1.6%** | **U.S. GOVERNMENT AGENCY SECURITIES — 1.6%** | **U.S. GOVERNMENT AGENCY SECURITIES — 1.6%** |
| $52905000 | Federal Home Loan Banks | 1.04% | 06/14/24 | 49956587 |
|  | (Cost $52,905,000) |  |  |  |
| **MUNICIPAL BONDS — 1.0%** | **MUNICIPAL BONDS — 1.0%** | **MUNICIPAL BONDS — 1.0%** | **MUNICIPAL BONDS — 1.0%** | **MUNICIPAL BONDS — 1.0%** |
|  | **California — 0.2%** |  |  |  |
| 3955000 | City of San Francisco CA Public Utilities Commission Water Rev | 2.83% | 11/01/41 | 2947785 |
| 4715000 | Regents of the Univ of CA Medical Center Pooled Rev | 3.26% | 05/15/60 | 3196407 |
|  |  |  |  | 6144192 |
|  | **Massachusetts — 0.1%** |  |  |  |
| 1845000 | Massachusetts Sch Bldg Auth | 2.97% | 10/15/32 | 1524194 |
|  | **New Jersey — 0.1%** |  |  |  |
| 2000000 | NJ St Turnpike Auth Rev | 1.86% | 01/01/31 | 1596212 |
| 500000 | NJ St Turnpike Auth Rev | 3.73% | 01/01/36 | 430824 |
|  |  |  |  | 2027036 |
|  | **New York — 0.6%** |  |  |  |
| 2285000 | City of New York NY | 3.62% | 04/01/31 | 2084918 |
| 3620000 | City of New York NY | 1.92% | 08/01/31 | 2861792 |
| 1225000 | Metro Transprtn Auth | 5.18% | 11/15/49 | 1118605 |
| 400000 | New York City NY Transitional Fin Auth Rev Qualified Sch Constr, Ser BD G-3 | 5.27% | 05/01/27 | 408130 |
| 970000 | New York City NY Transitional Fin Auth Rev, Ser A-3 | 3.96% | 08/01/32 | 879493 |
| 6940000 | New York City NY Transitional Fin Auth Rev, Ser B-3 | 1.85% | 08/01/32 | 5191305 |
| 5140000 | New York State Urban Development Corp. | 2.97% | 03/15/34 | 4153256 |
| 2690000 | NY St Dorm Auth | 5.00% | 03/15/24 | 2696190 |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** |
|  | **New York (Continued)** |  |  |  |
| $1405000 | NY St Dorm Auth | 2.96% | 02/15/32 | $1167350 |
|  |  |  |  | 20561039 |
|  | **Total Municipal Bonds** |  |  | 30256461 |
|  | (Cost $38,478,038) |  |  |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 0.0%** | **COMMON STOCKS — 0.0%** | **COMMON STOCKS — 0.0%** |
|  | **Telecommunications — 0.0%** |  |
| 59704 | Intelsat Jackson Emergence S.A. (j) (k) (r) (s) | 0 |
|  | (Cost $2,000,073) |  |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
|  | **Telecommunications — 0.0%** |  |
| 6253 | Intelsat Jackson Holdings S.A. Series A (j) (k) (r) (s) | 0 |
| 6253 | Intelsat Jackson Holdings S.A. Series B (j) (k) (r) (s) | 0 |
|  | **Total Rights** | 0 |
|  | (Cost $0) |  |
| **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** |
| 32964134 | JPMorgan 100% U.S. Treasury Securities Money Market Fund - Institutional Class - 3.51% (t) | 32964134 |
|  | (Cost $32,964,134) |  |
|  | **Total Investments — 116.5%** | 3585324267 |
|  | (Cost $3,933,127,968) |  |
|  | **Net Other Assets and Liabilities — (16.5)%** | (507398918 |
|  | **Net Assets — 100.0%** | $3077925349 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** |
| **Settlement Date** | **Counterparty** | **Amount<br> Purchased** | **Amount<br> Purchased** | **Amount <br> Sold** | **Amount <br> Sold** | **Purchase<br> Value as of<br> 11/30/2022** | **Sale<br> Value as of<br> 11/30/2022** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 01/13/2023 | BOFA | EUR | 388000 | USD | 379449 | $405287 | $379449 | $25838 |
| 01/13/2023 | BOFA | USD | 7939019 | EUR | 8019000 | 7939019 | 8376291 | (437272) |
| 01/13/2023 | BOFA | USD | 438174 | EUR | 422000 | 438174 | 440802 | (2628) |
| Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) |  | $(414062) |

---

Counterparty Abbreviations: <br> BOFA – Bank of America, N.A.

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** |
| **Futures Contracts** | **Position** | **Number of Contracts** | **Expiration Date** | **Notional<br> Value** | **Unrealized<br> Appreciation<br> (Depreciation)/<br> Value** |
| U.S. 2-Year Treasury Notes | Long | 2793 | Mar-2023 | $573568737 | $1447474 |
| U.S. 5-Year Treasury Notes | Long | 175 | Mar-2023 | 18999805 | 99902 |
| Ultra U.S. Treasury Bond Futures | Long | 99 | Mar-2023 | 13491844 | 210205 |
| Euro-Bond Futures | Short | 36 | Dec-2022 | (5277612) | (79464) |
| Ultra 10-Year U.S. Treasury Notes | Short | 302 | Mar-2023 | (36136188) | (301809) |
|  |  |  |  | $564646586 | $1376308 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Interest Rate Swap Agreements at November 30, 2022:** | **Interest Rate Swap Agreements at November 30, 2022:** | **Interest Rate Swap Agreements at November 30, 2022:** | **Interest Rate Swap Agreements at November 30, 2022:** |
| **Counterparty** | **Expiration Date** | **Notional<br> Value** | **Unrealized<br> Appreciation<br> (Depreciation)/<br> Value** |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(1)</sup> | 07/24/2025 | $1174500001.026%<sup>(1)</sup> | $(6719917) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(1)</sup> | 07/24/2025 | 868800001.034%<sup>(1)</sup> | (4958045) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(1)</sup> | 07/24/2025 | 587250001.073%<sup>(1)</sup> | (3309106) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(2)</sup> | 09/28/2025 | 1455750001.390%<sup>(2)</sup> | (6831877) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(3)</sup> | 07/24/2053 | 98100001.773%<sup>(3)</sup> | 2804582 |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(3)</sup> | 07/24/2053 | 72600001.785%<sup>(3)</sup> | 2058710 |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(3)</sup> | 07/24/2053 | 49050001.808%<sup>(3)</sup> | 1370410 |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(4)</sup> | 09/28/2053 | 124250001.870%<sup>(4)</sup> | 3257519 |
| JPMorgan Chase and Co. SOFR<sup>(5)</sup> | 06/10/2024 | 2498600001.950%<sup>(5)</sup> | (9895484) |
|  |  | $692890000 | $(22223208) |

---

<sup>(1)</sup> The Fund pays the floating rate and receives the fixed rate. The floating rate is not effective until 07/24/2023 and no interest is being accrued until that date.

<sup>(2)</sup> The Fund pays the floating rate and receives the fixed rate. The floating rate is not effective until 09/28/2023 and no interest is being accrued until that date.

<sup>(3)</sup> The Fund pays the fixed rate and receives the floating rate. The floating rate is not effective until 07/24/2023 and no interest is being accrued until that date.

<sup>(4)</sup> The Fund pays the fixed rate and receives the floating rate. The floating rate is not effective until 09/28/2023 and no interest is being accrued until that date.

<sup>(5)</sup> The Fund pays the floating rate and receives the fixed rate. The floating rate is not effective until 06/14/2023 and no interest is being accrued until that date.

(a) All or a portion of this security is part of a mortgage dollar roll agreement.

(b) 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 (the "1933 Act"), 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 "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 November 30, 2022, securities noted as such amounted to $833,901,222 or 27.1% of net assets.

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

(c) Fixed-to-floating or fixed-to-variable rate security. The interest rate shown reflects the fixed rate in effect at November 30, 2022. At a predetermined date, the fixed rate will change to a floating rate or a variable rate.

(d) Floating or variable rate security.

(e) This issuer is in default and interest is not being accrued by the Fund nor paid by the issuer.

(f) This security, sold within the terms of a private placement memorandum, is exempt from registration upon resale under Rule 144A under the 1933 Act, and may be resold in transactions exempt from registration, normally to qualified institutional buyers (see Restricted Securities table).

(g) The issuer has filed for protection in bankruptcy court.

(h) Security whose principal value is adjusted in accordance with changes to the country's Consumer Price Index. Interest is calculated on the basis of the current adjusted principal value.

(i) Zero coupon security.

(j) This security's value was determined using significant unobservable inputs (see Valuation Inputs section).

(k) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At November 30, 2022, securities noted as such are valued at $11,247,825 or 0.4% of net assets.

(l) Step-up security. A security where the coupon increases or steps up at a predetermined date.

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

(n) 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.

(o) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

(p) Senior Floating-Rate Loan Interests ("Senior Loans") in which the Fund invests generally pay interest at rates which are periodically predetermined by reference to a base lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the LIBOR, (ii) the SOFR obtained from the U.S. Department of the Treasury's Office of Financial Research, (iii) the prime rate offered by one or more United States banks or (iv) the certificate of deposit rate. Certain Senior Loans are subject to a LIBOR or SOFR floor that establishes a minimum LIBOR or SOFR rate. When a range of rates is disclosed, the Fund holds more than one contract within the same tranche with identical LIBOR or SOFR period, spread and floor, but different LIBOR or SOFR reset dates.

(q) Senior Loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of Senior Loans may be substantially less than the stated maturities shown.

(r) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by the advisor.

(s) Non-income producing security.

(t) Rate shown reflects yield as of November 30, 2022.

LIBOR - London Interbank Offered Rate <br> SOFR - Secured Overnight Financing Rate <br> TBA - To-Be-Announced Security

---

| | |
|:---|:---|
| Currency Abbreviations: | Currency Abbreviations: |
| EUR | Euro |
| USD | United States Dollar |

---

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |  |
| U.S. Government Agency Mortgage-Backed Securities | $1107181081 | $— | $1107181081 | $— |  |
| Corporate Bonds and Notes\* | 770178414 |  | 770178414 |  |  |
| U.S. Government Bonds and Notes | 445555284 |  | 445555284 |  |  |
| Asset-Backed Securities | 422157860 |  | 410910035 | 11247825 |  |
| Mortgage-Backed Securities | 357182430 |  | 357182430 |  |  |
| Foreign Corporate Bonds and Notes\* | 239795475 |  | 239795475 |  |  |
| Senior Floating-Rate Loan Interests\* | 68247985 |  | 68247985 |  |  |
| Foreign Sovereign Bonds and Notes\*\* | 61848556 |  | 61848556 |  |  |
| U.S. Government Agency Securities | 49956587 |  | 49956587 |  |  |
| Municipal Bonds\*\*\* | 30256461 |  | 30256461 |  |  |
| Common Stocks\* |  |  |  |  | \*\*\*\* |
| Rights\* |  |  |  |  | \*\*\*\* |
| Money Market Funds | 32964134 | 32964134 |  |  |  |
| Total Investments | 3585324267 | 32964134 | 3541112308 | 11247825 |  |
| Forward Foreign Currency Contracts | 25838 |  | 25838 |  |  |
| Futures Contracts | 1757581 | 1757581 |  |  |  |
| Interest Rate Swap Agreements | 9491221 |  | 9491221 |  |  |
| Total | $3596598907 | $34721715 | $3550629367 | $11247825 |  |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |  |
| Forward Foreign Currency Contracts | $(439900) | $— | $(439900) | $— |  |
| Futures Contracts | (381273) | (381273) |  |  |  |
| Interest Rate Swap Agreements | (31714429 |  | (31714429) |  |  |
| Total | $(32535602 | $(381273) | $(32154329) | $— |  |

---

---

| | |
|:---|:---|
| \* | See Portfolio of Investments for industry breakout. |
| \*\* | See Portfolio of Investments for country breakout. |
| \*\*\* | See Portfolio of Investments for state breakout. |
| \*\*\*\* | Investment is valued at $0. |

---

Level 3 Investments that are fair valued by the Advisor's Pricing Committee are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

---

| |
|:---|
| **First Trust TCW Opportunistic Fixed Income ETF (FIXD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Restricted Securities** | **Restricted Securities** | **Restricted Securities** | **Restricted Securities** | **Restricted Securities** | **Restricted Securities** |  |
| As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. |
| **Security** | **Acquisition**<br> **Date** | **Principal**<br> **Value**  | **Current**<br> **Price**  | **Carrying**<br> **Cost** | **Value** | **% of Net**<br> **Assets** |
| Ruby Pipeline LLC, 8.00%, 04/01/22 | 12/08/17 | $329909 | $97.50 | $348942 | $321661 | 0.01% |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES — 24.7%** | **MORTGAGE-BACKED SECURITIES — 24.7%** | **MORTGAGE-BACKED SECURITIES — 24.7%** | **MORTGAGE-BACKED SECURITIES — 24.7%** | |
| | **Collateralized Mortgage Obligations — 16.6%** | **Collateralized Mortgage Obligations — 16.6%** | **Collateralized Mortgage Obligations — 16.6%** | |
|  | Adjustable Rate Mortgage Trust |  |  |  |
| $80380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-8, Class 3A21 (a) | 3.61% | 11/25/35 | $61681 |
|  | Ajax Mortgage Loan Trust |  |  |  |
| 4424020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-A, Class A, steps up to 6.36% on 06/25/25 (b) (c) | 2.38% | 12/25/59 | 4307190 |
| 3399969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-D, Class A, steps up to 5.00% on 02/25/25 (b) (c) | 2.00% | 03/25/60 | 3043620 |
|  | Alternative Loan Trust |  |  |  |
| 669839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-13CB, Class A8 | 5.50% | 05/25/35 | 583778 |
| 237789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-16, Class A3, 1 Mo. LIBOR + 0.50% (d) | 4.54% | 06/25/35 | 198875 |
| 720932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-65CB, Class 2A4 | 5.50% | 12/25/35 | 513860 |
| 65058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-76, Class 1A1, 12 Mo. Treasury Average + 1.48% (d) | 3.17% | 01/25/36 | 58927 |
| 275772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-33CB, Class 2A1 | 6.00% | 11/25/36 | 162312 |
| 453303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OA6, Class A1B, 1 Mo. LIBOR + 0.40% (d) | 4.44% | 06/25/37 | 386423 |
| 888467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-15CB, Class A6 | 5.75% | 07/25/37 | 553862 |
|  | American Home Mortgage Assets Trust |  |  |  |
| 1224347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 1A1, 1 Mo. LIBOR + 0.21% (d) | 4.25% | 05/25/46 | 1030029 |
| 12815695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class A1, 12 Mo. Treasury Average + 0.70% (d) | 2.39% | 02/25/47 | 5286235 |
| 3398340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class A1, 1 Mo. LIBOR + 0.13% (d) | 4.17% | 03/25/47 | 2951653 |
|  | American Home Mortgage Investment Trust |  |  |  |
| 545691 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4, Class 1A1, 1 Mo. LIBOR + 0.58% (d) | 4.60% | 11/25/45 | 467468 |
|  | APS Resecuritization Trust |  |  |  |
| 14386128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-3, Class 3MZ (a) (b) | 0.87% | 09/27/46 | 7530521 |
|  | Banc of America Funding Trust |  |  |  |
| 678622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class TA3A, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 01/25/37 | 569788 |
| 2233626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class TA4, 1 Mo. LIBOR + 0.80% (d) | 4.84% | 03/25/37 | 2204714 |
|  | BCAP LLC Trust |  |  |  |
| 331960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AA3, Class 1A1A, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 04/25/37 | 299667 |
| 5352064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-RR8, Class 4A6 (a) (b) | 2.20% | 11/20/36 | 4461436 |
| 535406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-RR2, Class 25A3 (a) (b) | 2.65% | 10/28/36 | 529327 |
|  | Bear Stearns ALT-A Trust |  |  |  |
| 564338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-8, Class M1, 1 Mo. LIBOR + 0.92% (d) | 4.96% | 09/25/34 | 556643 |
| 1789735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 21A2 (a) | 3.45% | 02/25/36 | 1356524 |
|  | Bear Stearns Mortgage Funding Trust |  |  |  |
| 4445179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class 1A1, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 07/25/36 | 3867392 |
| 464243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class 1A1, 1 Mo. LIBOR + 0.18% (d) | 4.22% | 10/25/36 | 379905 |
| 5963230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR1, Class 1A1, 1 Mo. LIBOR + 0.16% (d) | 4.20% | 01/25/37 | 4994232 |
| 162445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR3, Class 1A1, 1 Mo. LIBOR + 0.14% (d) | 4.18% | 03/25/37 | 135247 |
| 3856640 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR5, Class 2A2, 1 Mo. LIBOR + 0.23% (d) | 4.27% | 06/25/37 | 3341379 |
|  | CIM Trust |  |  |  |
| 116503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-R6, Class A1, 1 Mo. LIBOR + 1.08% (b) (d) | 4.84% | 09/25/58 | 113189 |
| 596893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-R7, Class A1A (b) (e) | 2.25% | 12/27/61 | 536515 |
| 1139107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R3, Class A1A (b) | 1.95% | 06/25/57 | 1001979 |
| 1450836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R5, Class A1A (b) | 2.00% | 08/25/61 | 1237534 |
|  | Citigroup Mortgage Loan Trust |  |  |  |
| 464402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-8, Class 2A4A | 5.50% | 09/25/35 | 426662 |
| 1103706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2009-10, Class 2A2 (b) | 7.00% | 12/25/35 | 822189 |
|  | Connecticut Avenue Securities Trust |  |  |  |
| 3244000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-R01, Class 1B1, 1 Mo. LIBOR + 3.25% (b) (d) | 7.27% | 01/25/40 | 2982009 |
|  | Credit Suisse Mortgage Trust |  |  |  |
| 41624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-2R, Class 28A1 (a) (b) | 3.00% | 06/27/37 | 38505 |
| 896324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-8R, Class 3A2 (a) (b) | 4.14% | 02/27/36 | 856275 |
| 1632800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-11R, Class 17A2, 1 Mo. LIBOR + 0.15% (b) (d) | 3.89% | 12/27/36 | 1552956 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | Credit Suisse Mortgage Trust (Continued) |  |  |  |
| $4962015 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-RPL3, Class A1 (a) (b) | 2.69% | 03/25/60 | $4712954 |
| 4069906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-RPL6, Class A1 (b) | 2.69% | 03/25/59 | 3834205 |
| 4884595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RP11, Class A1 (b) | 2.25% | 10/25/61 | 4025309 |
| 5630078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RPL4, Class A1 (b) | 1.80% | 12/27/60 | 5127566 |
| 3649628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-RPL1, Class A1 (b) | 4.15% | 04/25/61 | 3381625 |
| 133821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-RPL1 (b) | 4.23% | 04/25/61 | 119756 |
| 3184023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-RPL1 (b) | 4.36% | 04/25/61 | 2884088 |
|  | Deutsche Alt-A Securities Mortgage Loan Trust |  |  |  |
| 2709138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR3, Class 2A5, 1 Mo. LIBOR + 0.40% (d) | 4.42% | 06/25/37 | 2361643 |
|  | DSLA Mortgage Loan Trust |  |  |  |
| 44096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-AR4, Class 2A1A, 1 Mo. LIBOR + 0.72% (d) | 4.66% | 01/19/45 | 34133 |
| 5095666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR3, Class 1A, 1 Mo. LIBOR + 0.52% (d) | 4.46% | 07/19/45 | 3794092 |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| 2975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA2, Class M2, 30 Day Average SOFR + 2.05% (b) (d) | 5.57% | 12/25/33 | 2630841 |
|  | First Horizon Alternative Mortgage Securities Trust |  |  |  |
| 25955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-AA4, Class A1 (a) | 4.01% | 10/25/34 | 25439 |
| 1656660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AA4, Class 2A1 (a) | 3.96% | 06/25/35 | 1454540 |
| 2434544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FA1, Class A4 | 6.25% | 03/25/37 | 1198250 |
|  | GreenPoint Mortgage Funding Trust |  |  |  |
| 39164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class A1A, 1 Mo. LIBOR + 0.58% (d) | 4.62% | 02/25/36 | 32829 |
| 4136367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR6, Class A3A, 1 Mo. LIBOR + 0.44% (d) | 4.48% | 10/25/46 | 3803046 |
| 5338584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR1, Class 2A1A, 1 Mo. LIBOR + 0.20% (d) | 4.24% | 03/25/47 | 4690350 |
| 533250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR2, Class 2A1, 1 Mo. LIBOR + 0.40% (d) | 4.44% | 05/25/37 | 480090 |
|  | GreenPoint MTA Trust |  |  |  |
| 259871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR3, Class 1A1, 1 Mo. LIBOR + 0.48% (d) | 4.52% | 08/25/45 | 196056 |
|  | HarborView Mortgage Loan Trust |  |  |  |
| 158183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-9, Class 2A1A, 1 Mo. LIBOR + 0.68% (d) | 4.62% | 06/20/35 | 140280 |
| 435882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-9, Class 2A1C, 1 Mo. LIBOR + 0.90% (d) | 4.84% | 06/20/35 | 386529 |
| 5865591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-5, Class A1A, 1 Mo. LIBOR + 0.19% (d) | 4.13% | 09/19/37 | 4998676 |
| 691834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-7, Class 1A1, 1 Mo. LIBOR + 2.00% (d) | 6.02% | 10/25/37 | 574592 |
|  | Headlands Residential LLC |  |  |  |
| 4240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RPL1, Class NOTE (b) | 2.49% | 09/25/26 | 3975558 |
|  | HomeBanc Mortgage Trust |  |  |  |
| 4057000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-3, Class M4, 1 Mo. LIBOR + 1.01% (d) | 5.05% | 07/25/35 | 3786439 |
|  | Impac CMB Trust |  |  |  |
| 44582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class 1A1, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 04/25/35 | 40705 |
| 4535179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-3, Class A1, 1 Mo. LIBOR + 0.48% (d) | 4.52% | 08/25/35 | 3998633 |
| 3978353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-5, Class A1, 1 Mo. LIBOR + 0.32% (d) | 4.68% | 08/25/35 | 3593033 |
| 3056607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-8, Class 1A, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 02/25/36 | 2780587 |
|  | Impac Secured Assets Trust |  |  |  |
| 5738416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class A3, 1 Mo. LIBOR + 0.48% (d) | 4.52% | 03/25/37 | 4864219 |
|  | IndyMac INDX Mortgage Loan Trust |  |  |  |
| 1424448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-16IP, Class A1, 1 Mo. LIBOR + 0.64% (d) | 4.68% | 07/25/45 | 1094467 |
| 3425984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR2, Class 1A1B, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 04/25/46 | 2794546 |
| 458192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR4, Class A1A, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 05/25/46 | 396637 |
| 145432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FLX2, Class A1C, 1 Mo. LIBOR + 0.19% (d) | 4.23% | 04/25/37 | 121401 |
|  | JP Morgan Alternative Loan Trust |  |  |  |
| 2840382 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-S1, Class 1A19 | 6.50% | 03/25/36 | 1685337 |
| 669563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-S1, Class 3A4 | 6.18% | 03/25/36 | 556758 |
| 49432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-S1, Class A2, 1 Mo. LIBOR + 0.68% (d) | 4.72% | 04/25/47 | 46929 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | JP Morgan Resecuritization Trust Series |  |  |  |
| $6097845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-6, Class 3A2, 1 Mo. LIBOR + 0.21% (b) (d) | 3.17% | 07/27/46 | $5466163 |
|  | Legacy Mortgage Asset Trust |  |  |  |
| 3961932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GS2, Class A1, steps up to 5.75% on 03/26/23 (b) (c) | 2.75% | 03/25/60 | 3832218 |
|  | Lehman Mortgage Trust |  |  |  |
| 744551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 1A5 | 5.50% | 02/25/36 | 374145 |
|  | Lehman XS Trust |  |  |  |
| 101294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-5N, Class 3A1A, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 11/25/35 | 97885 |
| 686542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-2N, Class 2A1, 12 Mo. Treasury Average + 2.02% (d) | 3.71% | 02/25/36 | 584182 |
| 3462954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-4N, Class A1D1, 1 Mo. LIBOR + 0.66% (d) | 4.70% | 04/25/46 | 3024268 |
| 521429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-12N, Class 1A3A, 1 Mo. LIBOR + 0.40% (d) | 4.44% | 07/25/47 | 484918 |
| 5869256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-16N, Class 1A1, 1 Mo. LIBOR + 0.94% (d) | 4.98% | 09/25/47 | 5207151 |
|  | MASTR Adjustable Rate Mortgages Trust |  |  |  |
| 5591310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OA2, Class 1A1, 12 Mo. Treasury Average + 0.80% (d) | 2.49% | 12/25/46 | 4039200 |
| 6218265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class I1A, 1 Mo. LIBOR + 0.39% (d) | 4.43% | 01/25/47 | 2366235 |
| 2469755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class I2A3, 12 Mo. Treasury Average + 0.74% (d) | 2.43% | 01/25/47 | 2423601 |
| 286095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class A1, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 03/25/47 | 254699 |
| 4700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HF2, Class A2, 1 Mo. LIBOR + 1.10% (d) | 5.14% | 09/25/37 | 2227787 |
|  | Merrill Lynch Mortgage Investors Trust |  |  |  |
| 105926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2003-D, Class A, 1 Mo. LIBOR + 0.62% (d) | 4.66% | 08/25/28 | 100812 |
| 150417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-E, Class A2B, 6 Mo. LIBOR + 0.72% (d) | 4.90% | 11/25/29 | 140308 |
|  | Morgan Stanley Resecuritization Trust |  |  |  |
| 2573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-R8, Class 3B1, 12 Mo. Treasury Average + 0.75% (b) (d) | 2.12% | 06/26/47 | 2565 |
|  | Nomura Resecuritization Trust |  |  |  |
| 1822599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-1R, Class 1A13, 1 Mo. LIBOR + 0.16% (b) (d) | 3.14% | 10/26/36 | 1782940 |
|  | Opteum Mortgage Acceptance Corp Trust |  |  |  |
| 5641609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 1AC1, 1 Mo. LIBOR + 0.60% (d) | 4.64% | 04/25/36 | 4915791 |
|  | PHH Alternative Mortgage Trust |  |  |  |
| 1126790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class 1A4, 1 Mo. LIBOR + 0.60% (d) | 4.64% | 05/25/37 | 1023152 |
|  | PRPM LLC |  |  |  |
| 2788397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-6, Class A1, steps up to 5.93% on 07/25/25 (b) (c) | 1.79% | 07/25/26 | 2509034 |
| 4110181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-9, Class A1, steps up to 5.36% on 10/25/24 (b) (c) | 2.36% | 10/25/26 | 3683288 |
| 4334514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-10, Class A1, steps up to 5.49% on 10/25/24 (b) (c) | 2.49% | 10/25/26 | 4006140 |
|  | RALI Trust |  |  |  |
| 1416463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-QO1, Class A1, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 08/25/35 | 1066254 |
| 2332676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-QO10, Class A1, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 01/25/37 | 1927600 |
| 457275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-QS6, Class 1A15 | 6.00% | 06/25/36 | 368966 |
| 2337333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QA3, Class A1, 1 Mo. LIBOR + 0.20% (d) | 4.24% | 05/25/37 | 2051245 |
| 2863233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QA3, Class A2, 1 Mo. LIBOR + 0.34% (d) | 4.38% | 05/25/37 | 2466093 |
| 957860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QH4, Class A1, 1 Mo. LIBOR + 0.38% (d) | 4.42% | 05/25/37 | 828657 |
| 4086892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QH9, Class A1 (a) | 3.17% | 11/25/37 | 3305157 |
| 2271312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QS9, Class A33 | 6.50% | 07/25/37 | 1814794 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |
| 14277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-12, Class 3A1 (a) | 3.51% | 06/25/35 | 12791 |
| 320335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-11, Class 1A1, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 12/25/36 | 287372 |
| 559494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-4, Class 1A1, 1 Mo. LIBOR + 0.48% (d) | 4.52% | 05/25/37 | 484598 |
| 528120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-4, Class 1A2, 1 Mo. LIBOR + 0.44% (d) | 4.48% | 05/25/37 | 457092 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | Structured Asset Mortgage Investments Trust |  |  |  |
| $115997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2003-AR3, Class A1, 1 Mo. LIBOR + 0.68% (d) | 4.62% | 11/19/33 | $109678 |
|  | Structured Asset Mortgage Investments II Trust |  |  |  |
| 245341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR2, Class 2A1, 1 Mo. LIBOR + 0.46% (d) | 4.50% | 05/25/45 | 213356 |
| 438174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR1, Class 3A1, 1 Mo. LIBOR + 0.46% (d) | 4.50% | 02/25/36 | 385067 |
| 337963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class 12A1, 1 Mo. LIBOR + 0.44% (d) | 4.48% | 05/25/36 | 256657 |
| 399962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR4, Class 3A1, 1 Mo. LIBOR + 0.38% (d) | 4.42% | 06/25/36 | 326218 |
| 39049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR5, Class 1A1, 1 Mo. LIBOR + 0.42% (d) | 4.46% | 05/25/36 | 29149 |
| 1651606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR6, Class 2A1, 1 Mo. LIBOR + 0.38% (d) | 4.42% | 07/25/46 | 1134429 |
| 889266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR8, Class A1A, 1 Mo. LIBOR + 0.40% (d) | 4.44% | 10/25/36 | 799186 |
| 365026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR1, Class 1A1, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 01/25/37 | 313985 |
| 157160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR1, Class 2A1, 1 Mo. LIBOR + 0.18% (d) | 4.22% | 01/25/37 | 134001 |
| 598276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR6, Class A1, 12 Mo. Treasury Average + 1.50% (d) | 3.19% | 08/25/47 | 521638 |
|  | TBW Mortgage-Backed Trust |  |  |  |
| 66227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-4, Class A4 | 6.66% | 09/25/36 | 65324 |
|  | WaMu Mortgage Pass-Through Certificates Trust |  |  |  |
| 5104616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR15, Class A1A2, 1 Mo. LIBOR + 0.56% (d) | 4.60% | 11/25/45 | 4394169 |
| 2332041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class A1A, 12 Mo. Treasury Average + 1.00% (d) | 2.69% | 02/25/46 | 2041362 |
| 44645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR11, Class 1A, 12 Mo. Treasury Average + 0.96% (d) | 2.65% | 09/25/46 | 35887 |
| 2685725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OA4, Class 1A, 12 Mo. Treasury Average + 0.77% (d) | 2.46% | 05/25/47 | 2115634 |
| 777025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OA5, Class 1A, 12 Mo. Treasury Average + 0.75% (d) | 2.44% | 06/25/47 | 596241 |
|  | Washington Mutual Mortgage Pass-Through Certificates WMALT Trust |  |  |  |
| 2114529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR6, Class 2A, 12 Mo. Treasury Average + 0.96% (d) | 2.65% | 08/25/46 | 1309089 |
| 640637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OC1, Class A4, 1 Mo. LIBOR + 0.32% (d) | 4.68% | 01/25/47 | 566982 |
|  | Wells Fargo Mortgage Backed Securities Trust |  |  |  |
| 197752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR5, Class A1 (a) | 4.43% | 10/25/37 | 165783 |
|  |  |  |  | 219153575 |
|  | **Commercial Mortgage-Backed Obligations — 8.1%** |  |  |  |
|  | AREIT Trust |  |  |  |
| 1460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-CRE4, Class B, 30 Day Average SOFR + 4.26% (b) (d) | 7.63% | 04/15/37 | 1458469 |
|  | BAMLL Commercial Mortgage Securities Trust |  |  |  |
| 2975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BHP3, Class A, 1 Mo. LIBOR + 1.90% (b) (d) | 5.78% | 03/15/37 | 2934519 |
|  | Banc of America Commercial Mortgage Trust |  |  |  |
| 13023645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-UBS7, Class XA, IO (a) | 0.90% | 09/15/48 | 220927 |
|  | BANK |  |  |  |
| 29220038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BN27, Class XA, IO (a) | 1.27% | 04/15/63 | 1856384 |
|  | Bayview Commercial Asset Trust |  |  |  |
| 680428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4A, Class A1, 1 Mo. LIBOR + 0.45% (b) (d) | 4.49% | 01/25/36 | 618387 |
|  | BBCMS Mortgage Trust |  |  |  |
| 2445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BID, Class A, 1 Mo. LIBOR + 2.14% (b) (d) | 6.02% | 10/15/37 | 2375078 |
| 2300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BID, Class C, 1 Mo. LIBOR + 3.64% (b) (d) | 7.52% | 10/15/37 | 2226756 |
|  | BDS Ltd. |  |  |  |
| 1012309 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-FL6, Class C, 30 Day Average SOFR + 2.36% (b) (d) | 5.76% | 09/15/35 | 1001350 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Commercial Mortgage-Backed Obligations (Continued)** |  |  |  |
|  | BDS Ltd. (Continued) |  |  |  |
| $1125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-FL6, Class D, 30 Day Average SOFR + 2.86% (b) (d) | 6.26% | 09/15/35 | $1120239 |
| 2984000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-FL6, Class E, 30 Day Average SOFR + 3.36% (b) (d) | 6.76% | 09/15/35 | 2931644 |
| 2789363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FL8, Class A, 1 Mo. LIBOR + 0.92% (b) (d) | 4.86% | 01/18/36 | 2685609 |
|  | Benchmark Mortgage Trust |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B18, Class AGNE (b) | 3.76% | 07/15/53 | 1658809 |
| 1810000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-IG2, Class UBRD (a) (b) | 3.63% | 09/15/48 | 1549201 |
| 72441033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-IG3, Class XA, IO (a) (b) | 0.82% | 09/15/48 | 1772255 |
|  | BFLD Trust |  |  |  |
| 2304000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-DPLO, Class A, 1 Mo. LIBOR + 1.09% (b) (d) | 3.48% | 10/15/34 | 2242760 |
| 2385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-OBRK, Class A, 1 Mo. LIBOR + 2.05% (b) (d) | 5.93% | 11/15/28 | 2353982 |
|  | BLOX Trust |  |  |  |
| 1570000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BLOX, Class D, 1 Mo. LIBOR + 1.75% (b) (d) | 5.63% | 09/15/26 | 1454357 |
|  | BWAY Mortgage Trust |  |  |  |
| 1700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-1740, Class A (b) | 2.92% | 01/10/35 | 1507071 |
|  | BX Commercial Mortgage Trust |  |  |  |
| 3420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-VIV3, Class B (a) (b) | 3.66% | 03/09/44 | 2742147 |
| 4050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-VIV4, Class A (b) | 2.84% | 03/09/44 | 3269118 |
| 2462000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-VOLT, Class E, 1 Mo. LIBOR + 2.00% (b) (d) | 5.88% | 09/15/36 | 2298246 |
| 3701300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-XL2, Class J, 1 Mo. LIBOR + 3.89% (b) (d) | 7.77% | 10/15/38 | 3405567 |
| 2845000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-AHP, Class AS, 1 Mo. CME Term SOFR + 1.49% (b) (d) | 5.28% | 01/17/39 | 2712028 |
|  | BX Trust |  |  |  |
| 2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-OC11, Class A (b) | 3.20% | 12/09/41 | 2367057 |
| 2040000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BXMF, Class G, 1 Mo. LIBOR + 3.35% (b) (d) | 7.22% | 10/15/26 | 1801527 |
| 2250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-VIEW, Class A, 1 Mo. LIBOR + 1.28% (b) (d) | 5.16% | 06/15/36 | 2127280 |
| 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-VAMF, Class E, 1 Mo. CME Term SOFR + 2.70% (b) (d) | 6.49% | 01/15/39 | 1392847 |
|  | BXMT Ltd. |  |  |  |
| 3375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-FL3, Class A, 30 Day Average SOFR + 1.51% (b) (d) | 4.88% | 11/15/37 | 3352200 |
|  | CAMB Commercial Mortgage Trust |  |  |  |
| 3050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-LIFE, Class F, 1 Mo. LIBOR + 2.55% (b) (d) | 6.42% | 12/15/37 | 2874760 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 51939879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C4, Class XA, IO (a) | 1.19% | 10/12/50 | 1845008 |
|  | COMM Mortgage Trust |  |  |  |
| 363567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-CR1, Class B | 4.61% | 05/15/45 | 362819 |
| 399929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-CR4, Class XA, IO (a) | 1.43% | 10/15/45 | 15 |
| 1285167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR14, Class A2 | 3.15% | 02/10/47 | 1271037 |
| 4601344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-CBM, Class XCP, IO (a) (b) | 0.72% | 02/10/37 | 54240 |
| 21254000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SBX, Class X, IO (a) (b) | 0.66% | 01/10/38 | 342344 |
|  | Credit Suisse Mortgage Trust |  |  |  |
| 3180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-TMIC, Class A, 1 Mo. LIBOR + 3.00% (b) (d) | 6.88% | 12/15/35 | 3162887 |
| 2450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-TMIC, Class B, 1 Mo. LIBOR + 5.00% (b) (d) | 8.88% | 12/15/35 | 2433580 |
| 25699000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-980M, Class X, IO (a) (b) | 1.11% | 07/15/31 | 817304 |
|  | Csail Commercial Mortgage Trust |  |  |  |
| 1350000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C2, Class C (a) | 4.32% | 06/15/57 | 1156765 |
|  | DBWF Mortgage Trust |  |  |  |
| 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-85T, Class A (b) | 3.79% | 12/10/36 | 545379 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  |  | **Commercial Mortgage-Backed Obligations (Continued)** |  |  |  |  |
|  |  | DROP Mortgage Trust |  |  |  |  |
| $| 3280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FILE, Class B, 1 Mo. LIBOR + 1.70% (b) (d) | 5.58% | 10/15/43 | $| 3026320 |
|  |  | Extended Stay America Trust |  |  |  |  |
|  | 2391671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-ESH, Class C, 1 Mo. LIBOR + 1.70% (b) (d) | 5.58% | 07/15/38 |  | 2277505 |
|  |  | GS Mortgage Securities Corp Trust |  |  |  |  |
|  | 2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-UPTN, Class XA, IO (a) (b) | 0.45% | 02/10/37 |  | 19169 |
|  |  | GS Mortgage Securities Trust |  |  |  |  |
|  | 84467035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-GS4, Class XA, IO (a) | 0.69% | 11/10/49 |  | 1512754 |
|  |  | Hilton USA Trust |  |  |  |  |
|  | 3161000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-SFP, Class F (b) | 6.16% | 11/05/35 |  | 2934850 |
|  |  | JP Morgan Chase Commercial Mortgage Securities Trust |  |  |  |  |
|  | 34858618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-JP3, Class XA, IO (a) | 1.47% | 08/15/49 |  | 1391239 |
|  | 1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-NLP, Class G, 1 Mo. CME Term SOFR + 4.27% (b) (d) | 8.07% | 04/15/37 |  | 1598900 |
|  |  | Life Mortgage Trust |  |  |  |  |
|  | 2309980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BMR, Class G, 1 Mo. LIBOR + 2.95% (b) (d) | 6.83% | 03/15/38 |  | 2161401 |
|  |  | Med Trust |  |  |  |  |
|  | 1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-MDLN, Class G, 1 Mo. LIBOR + 5.25% (b) (d) | 9.13% | 11/15/38 |  | 1241967 |
|  |  | Morgan Stanley Capital I Trust |  |  |  |  |
|  | 28158325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-H4, Class XA, IO (a) | 1.00% | 12/15/51 |  | 1046614 |
|  | 1050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-MP, Class A (a) (b) | 4.42% | 07/11/40 |  | 930606 |
|  |  | MSCG Trust |  |  |  |  |
|  | 1503319 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-SELF, Class E, 1 Mo. LIBOR + 2.15% (b) (d) | 6.02% | 10/15/37 |  | 1408355 |
|  |  | One Bryant Park Trust |  |  |  |  |
|  | 2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-OBP, Class A (b) | 2.52% | 09/15/54 |  | 2307337 |
|  |  | Ready Capital Mortgage Financing LLC |  |  |  |  |
|  | 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-FL4, Class AS, 1 Mo. LIBOR + 3.10% (b) (d) | 7.14% | 02/25/35 |  | 1101204 |
|  |  | SFAVE Commercial Mortgage Securities Trust |  |  |  |  |
|  | 545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-5AVE, Class C (a) (b) | 4.53% | 01/05/43 |  | 337108 |
|  |  | SMRT |  |  |  |  |
|  | 2730000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-MINI, Class F, 1 Mo. CME Term SOFR + 3.35% (b) (d) | 7.15% | 01/15/39 |  | 2502773 |
|  |  | STWD Mortgage Trust |  |  |  |  |
|  | 1550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-LIH, Class AS, 1 Mo. LIBOR + 1.26% (b) (d) | 5.13% | 11/15/36 |  | 1480160 |
|  |  | UBS Commercial Mortgage Trust |  |  |  |  |
|  | 59029146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-C4, Class XA, IO (a) | 1.24% | 10/15/50 |  | 2396943 |
|  |  | VMC Finance LLC |  |  |  |  |
|  | 779000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FL4, Class B, 1 Mo. LIBOR + 1.80% (b) (d) | 5.74% | 06/16/36 |  | 744180 |
|  | 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HT1, Class B, 1 Mo. LIBOR + 4.50% (b) (d) | 8.44% | 01/18/37 |  | 2790000 |
|  |  | Wells Fargo Commercial Mortgage Trust |  |  |  |  |
|  | 33945398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C35, Class XA, IO (a) | 2.04% | 07/15/48 |  | 1727637 |
|  | 975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-JWDR, Class E (a) (b) | 3.99% | 09/15/31 |  | 826248 |
|  |  |  |  |  |  | 108065222 |
|  |  | **Total Mortgage-Backed Securities** |  |  |  | 327218797 |
|  |  | (Cost $353,136,025) |  |  |  |  |
| **CORPORATE BONDS AND NOTES — 22.0%** | **CORPORATE BONDS AND NOTES — 22.0%** | **CORPORATE BONDS AND NOTES — 22.0%** | **CORPORATE BONDS AND NOTES — 22.0%** | **CORPORATE BONDS AND NOTES — 22.0%** | **CORPORATE BONDS AND NOTES — 22.0%** | **CORPORATE BONDS AND NOTES — 22.0%** |
|  |  | **Aerospace/Defense — 0.1%** |  |  |  |  |
|  | 635000 | Boeing (The) Co. | 1.43% | 02/04/24 |  | 606348 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Aerospace/Defense (Continued)** |  |  |  |
| $1350000 | TransDigm, Inc. | 5.50% | 11/15/27 | $1274663 |
|  |  |  |  | 1881011 |
|  | **Agriculture — 0.3%** |  |  |  |
| 30000 | BAT Capital Corp. | 2.73% | 03/25/31 | 23651 |
| 1250000 | BAT Capital Corp. | 4.54% | 08/15/47 | 908469 |
| 3555000 | BAT Capital Corp. | 5.65% | 03/16/52 | 2979635 |
| 645000 | Reynolds American, Inc. | 5.85% | 08/15/45 | 564761 |
|  |  |  |  | 4476516 |
|  | **Airlines — 0.1%** |  |  |  |
| 287866 | American Airlines Pass-Through Trust, Series 2014-1, Class A | 3.70% | 10/01/26 | 246926 |
| 521476 | JetBlue Pass-Through Trust, Series 2020-1, Class A | 4.00% | 11/15/32 | 466221 |
| 452331 | United Airlines Pass-Through Trust, Series 2013-1, Class A | 4.30% | 08/15/25 | 423288 |
| 98981 | US Airways Pass-Through Trust, Series 2012-1, Class A | 5.90% | 10/01/24 | 95646 |
|  |  |  |  | 1232081 |
|  | **Auto Manufacturers — 0.1%** |  |  |  |
| 850000 | Allison Transmission, Inc. (b) | 3.75% | 01/30/31 | 713116 |
| 1250000 | Ford Motor Credit Co. LLC | 3.37% | 11/17/23 | 1215440 |
|  |  |  |  | 1928556 |
|  | **Banks — 5.1%** |  |  |  |
| 3000000 | Bank of America Corp. (f) | 3.00% | 12/20/23 | 2996526 |
| 300000 | Bank of America Corp. (f) | 2.69% | 04/22/32 | 243368 |
| 3510000 | Bank of America Corp. (f) | 2.30% | 07/21/32 | 2752883 |
| 3160000 | Bank of America Corp. (f) | 2.57% | 10/20/32 | 2518640 |
| 570000 | Bank of America Corp., Series RR (f) | 4.38% | (g) | 488775 |
| 750000 | Bank of America Corp., Medium-Term Note (f) | 2.02% | 02/13/26 | 695411 |
| 2665000 | Bank of America Corp., Medium-Term Note (f) | 1.32% | 06/19/26 | 2405607 |
| 390000 | Bank of America Corp., Medium-Term Note (f) | 3.82% | 01/20/28 | 367204 |
| 815000 | Bank of America Corp., Medium-Term Note (f) | 2.09% | 06/14/29 | 688608 |
| 20000 | Bank of America Corp., Medium-Term Note (f) | 3.19% | 07/23/30 | 17478 |
| 455000 | Bank of America Corp., Medium-Term Note (f) | 1.90% | 07/23/31 | 355264 |
| 3390000 | Bank of America Corp., Medium-Term Note (f) | 1.92% | 10/24/31 | 2629362 |
| 195000 | Bank of New York Mellon (The) Corp. (f) | 5.83% | 10/25/33 | 205509 |
| 500000 | Citigroup, Inc. (f) | 0.98% | 05/01/25 | 466598 |
| 520000 | Citigroup, Inc. (f) | 3.07% | 02/24/28 | 472840 |
| 225000 | Citigroup, Inc. (f) | 4.08% | 04/23/29 | 210409 |
| 525000 | Citigroup, Inc. (f) | 2.98% | 11/05/30 | 448280 |
| 315000 | Citigroup, Inc. (f) | 2.67% | 01/29/31 | 261832 |
| 1390000 | Citigroup, Inc. (f) | 4.41% | 03/31/31 | 1293683 |
| 630000 | Citigroup, Inc. (f) | 2.57% | 06/03/31 | 517023 |
| 1225000 | Citigroup, Inc. (f) | 2.56% | 05/01/32 | 981050 |
| 1540000 | Citigroup, Inc. (f) | 2.52% | 11/03/32 | 1212288 |
| 4610000 | Citigroup, Inc. (f) | 3.06% | 01/25/33 | 3792744 |
| 135000 | Comerica, Inc. (f) | 5.63% | (g) | 131369 |
| 1615000 | Goldman Sachs Group (The), Inc. (f) | 0.93% | 10/21/24 | 1540615 |
| 3025000 | Goldman Sachs Group (The), Inc. (f) | 1.99% | 01/27/32 | 2338368 |
| 4530000 | Goldman Sachs Group (The), Inc. (f) | 2.38% | 07/21/32 | 3581811 |
| 4125000 | Goldman Sachs Group (The), Inc. (f) | 2.65% | 10/21/32 | 3316214 |
| 130000 | JPMorgan Chase & Co. (f) | 0.70% | 03/16/24 | 128120 |
| 715000 | JPMorgan Chase & Co. (f) | 0.97% | 06/23/25 | 665023 |
| 395000 | JPMorgan Chase & Co. (f) | 2.60% | 02/24/26 | 372771 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Banks (Continued)** |  |  |  |
| $355000 | JPMorgan Chase & Co. (f) | 2.01% | 03/13/26 | $330034 |
| 1660000 | JPMorgan Chase & Co. (f) | 1.58% | 04/22/27 | 1466486 |
| 780000 | JPMorgan Chase & Co. (f) | 1.47% | 09/22/27 | 677519 |
| 675000 | JPMorgan Chase & Co. (f) | 2.95% | 02/24/28 | 614557 |
| 200000 | JPMorgan Chase & Co. (f) | 4.01% | 04/23/29 | 186682 |
| 325000 | JPMorgan Chase & Co. (f) | 1.76% | 11/19/31 | 250576 |
| 3170000 | JPMorgan Chase & Co. (f) | 2.58% | 04/22/32 | 2572691 |
| 3975000 | JPMorgan Chase & Co. (f) | 2.55% | 11/08/32 | 3184542 |
| 595000 | JPMorgan Chase & Co., Series KK (f) | 3.65% | (g) | 501288 |
| 865000 | Morgan Stanley (f) | 2.94% | 01/21/33 | 709047 |
| 4790000 | Morgan Stanley (f) | 2.48% | 09/16/36 | 3564191 |
| 1100000 | Morgan Stanley, Global Medium-Term Note (f) | 0.79% | 01/22/25 | 1034856 |
| 2630000 | Morgan Stanley, Global Medium-Term Note (f) | 2.24% | 07/21/32 | 2053058 |
| 940000 | Morgan Stanley, Medium-Term Note (f) | 2.51% | 10/20/32 | 748317 |
| 1245000 | PNC Financial Services Group (The), Inc. (f) | 6.04% | 10/28/33 | 1308905 |
| 1255000 | US Bancorp (f) | 5.85% | 10/21/33 | 1309404 |
| 555000 | US Bancorp (f) | 3.70% | (g) | 444122 |
| 1485000 | Wells Fargo & Co., Medium-Term Note (f) | 2.39% | 06/02/28 | 1314246 |
| 5830000 | Wells Fargo & Co., Medium-Term Note (f) | 3.35% | 03/02/33 | 4991527 |
| 1665000 | Wells Fargo & Co., Medium-Term Note (f) | 4.90% | 07/25/33 | 1605656 |
| 385000 | Wells Fargo & Co., Medium-Term Note (f) | 5.01% | 04/04/51 | 362286 |
|  |  |  |  | 67325663 |
|  | **Beverages — 0.1%** |  |  |  |
| 75000 | Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc. | 4.90% | 02/01/46 | 70282 |
| 720000 | Primo Water Holdings, Inc. (b) | 4.38% | 04/30/29 | 623084 |
| 1617000 | Triton Water Holdings, Inc. (b) | 6.25% | 04/01/29 | 1261260 |
|  |  |  |  | 1954626 |
|  | **Biotechnology — 0.1%** |  |  |  |
| 1000000 | Illumina, Inc. | 2.55% | 03/23/31 | 792125 |
|  | **Chemicals — 0.1%** |  |  |  |
| 475000 | International Flavors & Fragrances, Inc. (b) | 1.23% | 10/01/25 | 420204 |
| 175000 | Unifrax Escrow Issuer Corp. (b) | 5.25% | 09/30/28 | 144725 |
| 625000 | Unifrax Escrow Issuer Corp. (b) | 7.50% | 09/30/29 | 413078 |
| 544000 | Valvoline, Inc. (b) | 3.63% | 06/15/31 | 444336 |
|  |  |  |  | 1422343 |
|  | **Commercial Services — 0.6%** |  |  |  |
| 436000 | Adtalem Global Education, Inc. (b) | 5.50% | 03/01/28 | 405931 |
| 375000 | Carriage Services, Inc. (b) | 4.25% | 05/15/29 | 281812 |
| 520000 | Global Payments, Inc. | 5.40% | 08/15/32 | 499579 |
| 958000 | Global Payments, Inc. | 5.95% | 08/15/52 | 877781 |
| 2515000 | Hertz (The) Corp. (b) | 5.00% | 12/01/29 | 1999211 |
| 1475000 | Prime Security Services Borrower LLC / Prime Finance, Inc. (b) | 3.38% | 08/31/27 | 1299682 |
| 1250000 | Rent-A-Center, Inc. (b) | 6.38% | 02/15/29 | 1030131 |
| 215000 | S&P Global, Inc. (b) | 4.75% | 08/01/28 | 213757 |
| 535000 | S&P Global, Inc. (b) | 2.90% | 03/01/32 | 461783 |
| 61000 | Service Corp. International | 4.63% | 12/15/27 | 57051 |
| 1250000 | WASH Multifamily Acquisition, Inc. (b) | 5.75% | 04/15/26 | 1173325 |
|  |  |  |  | 8300043 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Computers — 0.1%** |  |  |  |
| $2175000 | NCR Corp. (b) | 5.13% | 04/15/29 | $1873501 |
|  | **Cosmetics/Personal Care — 0.1%** |  |  |  |
| 1300000 | Edgewell Personal Care Co. (b) | 5.50% | 06/01/28 | 1226588 |
|  | **Diversified Financial Services — 0.4%** |  |  |  |
| 570000 | Air Lease Corp. | 3.88% | 07/03/23 | 564314 |
| 1390000 | Air Lease Corp. | 2.20% | 01/15/27 | 1213469 |
| 300000 | Air Lease Corp., Medium-Term Note | 2.88% | 01/15/26 | 276468 |
| 605000 | American Express Co. (f) | 3.55% | (g) | 482488 |
| 1505000 | Capital One Financial Corp. (f) | 1.88% | 11/02/27 | 1306728 |
| 1105000 | Charles Schwab (The) Corp. | 1.95% | 12/01/31 | 875756 |
| 540000 | Charles Schwab (The) Corp. (f) | 5.00% | (g) | 486231 |
| 665000 | Intercontinental Exchange, Inc. | 4.60% | 03/15/33 | 646443 |
|  |  |  |  | 5851897 |
|  | **Electric — 1.2%** |  |  |  |
| 75000 | Alliant Energy Finance LLC (b) | 3.75% | 06/15/23 | 74399 |
| 2045000 | Alliant Energy Finance LLC (b) | 3.60% | 03/01/32 | 1789712 |
| 1285000 | American Electric Power Co., Inc. | 2.03% | 03/15/24 | 1235267 |
| 365000 | Appalachian Power Co., Series X | 3.30% | 06/01/27 | 343176 |
| 540000 | Duke Energy Carolinas LLC | 3.55% | 03/15/52 | 413306 |
| 1000000 | Duke Energy Corp. | 3.75% | 04/15/24 | 984977 |
| 600000 | Duke Energy Corp. | 3.85% | 06/15/34 | 601722 |
| 750000 | Duke Energy Corp. | 3.75% | 09/01/46 | 560745 |
| 100000 | Evergy Metro, Inc. | 4.20% | 06/15/47 | 82687 |
| 290000 | Exelon Corp. (b) | 3.35% | 03/15/32 | 255082 |
| 1254000 | FirstEnergy Corp., Series C | 3.40% | 03/01/50 | 837384 |
| 955000 | FirstEnergy Transmission LLC (b) | 2.87% | 09/15/28 | 834507 |
| 750000 | Jersey Central Power & Light Co. (b) | 4.70% | 04/01/24 | 740376 |
| 100000 | Metropolitan Edison Co. (b) | 3.50% | 03/15/23 | 99437 |
| 750000 | MidAmerican Energy Co. | 3.95% | 08/01/47 | 621705 |
| 1395000 | New England Power Co. (b) | 5.94% | 11/25/52 | 1440550 |
| 550000 | NextEra Energy Capital Holdings, Inc., 3 Mo. LIBOR + 0.27% (d) | 4.93% | 02/22/23 | 549887 |
| 345000 | NextEra Energy Capital Holdings, Inc. | 0.65% | 03/01/23 | 341489 |
| 1910000 | Niagara Mohawk Power Corp. (b) | 5.78% | 09/16/52 | 1942737 |
| 500000 | Pennsylvania Electric Co. (b) | 4.15% | 04/15/25 | 480521 |
| 1500000 | Pike Corp. (b) | 5.50% | 09/01/28 | 1342425 |
| 100000 | Puget Sound Energy, Inc. | 4.22% | 06/15/48 | 83320 |
| 450000 | Southwestern Electric Power Co., Series M | 4.10% | 09/15/28 | 430211 |
|  |  |  |  | 16085622 |
|  | **Electrical Component & Equipment — 0.1%** |  |  |  |
| 1122000 | Energizer Holdings, Inc. (b) | 4.38% | 03/31/29 | 956208 |
|  | **Engineering & Construction — 0.1%** |  |  |  |
| 1113000 | Artera Services LLC (b) | 9.03% | 12/04/25 | 927769 |
|  | **Entertainment — 0.9%** |  |  |  |
| 1000000 | Caesars Entertainment, Inc. (b) | 8.13% | 07/01/27 | 1005180 |
| 1140000 | Caesars Entertainment, Inc. (b) | 4.63% | 10/15/29 | 956255 |
| 515000 | Churchill Downs, Inc. (b) | 5.50% | 04/01/27 | 490596 |
| 600000 | Cinemark USA, Inc. (b) | 5.25% | 07/15/28 | 479940 |
| 1220000 | Everi Holdings, Inc. (b) | 5.00% | 07/15/29 | 1059166 |
| 590000 | Live Nation Entertainment, Inc. (b) | 4.75% | 10/15/27 | 533375 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Entertainment (Continued)** |  |  |  |
| $1580000 | Penn Entertainment, Inc. (b) | 4.13% | 07/01/29 | $1290584 |
| 515000 | Warnermedia Holdings, Inc. (b) | 4.28% | 03/15/32 | 437771 |
| 2715000 | Warnermedia Holdings, Inc. (b) | 5.05% | 03/15/42 | 2176631 |
| 3988000 | Warnermedia Holdings, Inc. (b) | 5.14% | 03/15/52 | 3094708 |
|  |  |  |  | 11524206 |
|  | **Environmental Control — 0.2%** |  |  |  |
| 200000 | Clean Harbors, Inc. (b) | 4.88% | 07/15/27 | 188424 |
| 1953000 | Waste Pro USA, Inc. (b) | 5.50% | 02/15/26 | 1805383 |
|  |  |  |  | 1993807 |
|  | **Food — 0.7%** |  |  |  |
| 1150000 | Chobani LLC / Chobani Finance Corp., Inc. (b) | 4.63% | 11/15/28 | 1014654 |
| 950000 | H-Food Holdings LLC / Hearthside Finance Co., Inc. (b) | 8.50% | 06/01/26 | 547994 |
| 300000 | Kraft Heinz Foods Co. | 3.75% | 04/01/30 | 277394 |
| 186000 | Kraft Heinz Foods Co. | 4.25% | 03/01/31 | 176312 |
| 1650000 | Kraft Heinz Foods Co. | 5.20% | 07/15/45 | 1563482 |
| 240000 | Kraft Heinz Foods Co. | 4.38% | 06/01/46 | 202581 |
| 765000 | Kraft Heinz Foods Co. | 4.88% | 10/01/49 | 691151 |
| 20000 | Pilgrim's Pride Corp. (b) | 5.88% | 09/30/27 | 19792 |
| 286000 | Pilgrim's Pride Corp. (b) | 4.25% | 04/15/31 | 248224 |
| 1200000 | Pilgrim's Pride Corp. (b) | 3.50% | 03/01/32 | 967446 |
| 1600000 | Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed (b) | 4.63% | 03/01/29 | 1325968 |
| 387000 | Smithfield Foods, Inc. (b) | 5.20% | 04/01/29 | 360282 |
| 1500000 | TreeHouse Foods, Inc. | 4.00% | 09/01/28 | 1280183 |
|  |  |  |  | 8675463 |
|  | **Forest Products & Paper — 0.0%** |  |  |  |
| 755000 | Clearwater Paper Corp. (b) | 4.75% | 08/15/28 | 665932 |
|  | **Gas — 0.0%** |  |  |  |
| 155000 | Southern Co. Gas Capital Corp. | 5.88% | 03/15/41 | 154794 |
|  | **Healthcare-Products — 0.3%** |  |  |  |
| 1600000 | Alcon Finance Corp. (b) | 3.00% | 09/23/29 | 1400727 |
| 1425000 | DENTSPLY SIRONA, Inc. | 3.25% | 06/01/30 | 1182354 |
| 208000 | Hologic, Inc. (b) | 4.63% | 02/01/28 | 199469 |
| 1000000 | PerkinElmer, Inc. | 2.25% | 09/15/31 | 785752 |
|  |  |  |  | 3568302 |
|  | **Healthcare-Services — 1.6%** |  |  |  |
| 635000 | Barnabas Health, Inc., Series 2012 | 4.00% | 07/01/28 | 595077 |
| 700000 | Cano Health LLC (b) | 6.25% | 10/01/28 | 357000 |
| 900000 | Catalent Pharma Solutions, Inc. (b) | 5.00% | 07/15/27 | 858622 |
| 400000 | Catalent Pharma Solutions, Inc. (b) | 3.13% | 02/15/29 | 327464 |
| 1125000 | Centene Corp. | 4.25% | 12/15/27 | 1057742 |
| 1778000 | Centene Corp. | 2.45% | 07/15/28 | 1497037 |
| 1396000 | Centene Corp. | 3.00% | 10/15/30 | 1153515 |
| 500000 | Centene Corp. | 2.50% | 03/01/31 | 395800 |
| 250000 | CommonSpirit Health | 3.35% | 10/01/29 | 217788 |
| 370000 | CommonSpirit Health | 2.78% | 10/01/30 | 298833 |
| 90000 | HCA, Inc. | 5.25% | 04/15/25 | 89877 |
| 380000 | HCA, Inc. | 5.38% | 09/01/26 | 378594 |
| 360000 | HCA, Inc. | 7.05% | 12/01/27 | 377950 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Healthcare-Services (Continued)** |  |  |  |
| $417000 | HCA, Inc. | 4.13% | 06/15/29 | $381510 |
| 2870000 | HCA, Inc. | 3.50% | 09/01/30 | 2471730 |
| 2068000 | HCA, Inc. (b) | 3.63% | 03/15/32 | 1769612 |
| 1830000 | HCA, Inc. | 5.50% | 06/15/47 | 1673206 |
| 470000 | HCA, Inc. | 5.25% | 06/15/49 | 411830 |
| 1625000 | HCA, Inc. (b) | 4.63% | 03/15/52 | 1312549 |
| 365000 | HCA, Inc., Medium-Term Note | 7.58% | 09/15/25 | 380271 |
| 100000 | Humana, Inc. | 3.15% | 12/01/22 | 100000 |
| 700000 | Molina Healthcare, Inc. (b) | 4.38% | 06/15/28 | 643170 |
| 919000 | Molina Healthcare, Inc. (b) | 3.88% | 11/15/30 | 791489 |
| 325000 | Molina Healthcare, Inc. (b) | 3.88% | 05/15/32 | 274605 |
| 1350000 | Prime Healthcare Services, Inc. (b) | 7.25% | 11/01/25 | 1155290 |
| 62000 | Tenet Healthcare Corp. | 4.63% | 07/15/24 | 60760 |
| 178000 | Tenet Healthcare Corp. (b) | 4.63% | 06/15/28 | 159622 |
| 850000 | Tenet Healthcare Corp. (b) | 4.38% | 01/15/30 | 741549 |
| 1350000 | Universal Health Services, Inc. (b) | 1.65% | 09/01/26 | 1159335 |
|  |  |  |  | 21091827 |
|  | **Household Products/Wares — 0.2%** |  |  |  |
| 1505000 | Clorox (The) Co. | 1.80% | 05/15/30 | 1206679 |
| 2250000 | Spectrum Brands, Inc. (b) | 5.50% | 07/15/30 | 1930928 |
|  |  |  |  | 3137607 |
|  | **Housewares — 0.1%** |  |  |  |
| 1270000 | Newell Brands, Inc. | 6.63% | 09/15/29 | 1249521 |
|  | **Insurance — 1.0%** |  |  |  |
| 437000 | Acrisure LLC / Acrisure Finance, Inc. (b) | 4.25% | 02/15/29 | 357065 |
| 700000 | Acrisure LLC / Acrisure Finance, Inc. (b) | 6.00% | 08/01/29 | 561127 |
| 1250000 | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (b) | 6.75% | 10/15/27 | 1153125 |
| 550000 | AmWINS Group, Inc. (b) | 4.88% | 06/30/29 | 475908 |
| 1060000 | Aon Corp. / Aon Global Holdings PLC | 3.90% | 02/28/52 | 827025 |
| 800000 | AssuredPartners, Inc. (b) | 5.63% | 01/15/29 | 680800 |
| 1115000 | Athene Global Funding (b) | 3.21% | 03/08/27 | 1002073 |
| 1560000 | Athene Global Funding (b) | 1.99% | 08/19/28 | 1267838 |
| 675000 | Athene Global Funding (b) | 2.72% | 01/07/29 | 563052 |
| 760000 | Berkshire Hathaway Finance Corp. | 3.85% | 03/15/52 | 621832 |
| 810000 | Brown & Brown, Inc. | 4.95% | 03/17/52 | 672222 |
| 250000 | Farmers Exchange Capital III (b) (f) | 5.45% | 10/15/54 | 226398 |
| 775000 | Farmers Insurance Exchange (b) | 8.63% | 05/01/24 | 801113 |
| 465000 | Farmers Insurance Exchange (b) (f) | 4.75% | 11/01/57 | 382301 |
| 750000 | MassMutual Global Funding II (b) | 3.40% | 03/08/26 | 719363 |
| 1360000 | Nationwide Mutual Insurance Co., 3 Mo. LIBOR + 2.29% (b) (d) | 5.58% | 12/15/24 | 1360069 |
| 50000 | Teachers Insurance & Annuity Association of America (b) | 4.27% | 05/15/47 | 42186 |
| 220000 | Teachers Insurance & Annuity Association of America (b) | 3.30% | 05/15/50 | 155711 |
| 1260000 | Teachers Insurance & Annuity Association of America (b) (f) | 4.38% | 09/15/54 | 1204844 |
|  |  |  |  | 13074052 |
|  | **Internet — 0.3%** |  |  |  |
| 600000 | Cogent Communications Group, Inc. (b) | 7.00% | 06/15/27 | 585657 |
| 1250000 | Gen Digital, Inc. (b) | 6.75% | 09/30/27 | 1256800 |
| 1775000 | Netflix, Inc. | 5.88% | 02/15/25 | 1795513 |
|  |  |  |  | 3637970 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Lodging — 0.2%** |  |  |  |
| $1500000 | Boyd Gaming Corp. (b) | 4.75% | 06/15/31 | $1310745 |
| 1626000 | Hilton Domestic Operating Co., Inc. (b) | 3.63% | 02/15/32 | 1340418 |
|  |  |  |  | 2651163 |
|  | **Machinery-Diversified — 0.1%** |  |  |  |
| 2650000 | OT Merger Corp. (b) | 7.88% | 10/15/29 | 1552291 |
|  | **Media — 0.9%** |  |  |  |
| 1579000 | Cable One, Inc. (b) | 4.00% | 11/15/30 | 1274482 |
| 295000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 2.30% | 02/01/32 | 221422 |
| 370000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.38% | 05/01/47 | 306521 |
| 325000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.75% | 04/01/48 | 280031 |
| 542000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.13% | 07/01/49 | 430152 |
| 1000000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 4.80% | 03/01/50 | 751725 |
| 690000 | Charter Communications Operating LLC / Charter Communications Operating Capital | 5.25% | 04/01/53 | 555526 |
| 173000 | Cox Communications, Inc. (b) | 3.15% | 08/15/24 | 166529 |
| 680000 | Cox Communications, Inc. (b) | 2.60% | 06/15/31 | 545552 |
| 900000 | Cox Enterprises, Inc. (b) | 7.38% | 07/15/27 | 957998 |
| 700000 | CSC Holdings LLC (b) | 7.50% | 04/01/28 | 546598 |
| 1772000 | Diamond Sports Group LLC / Diamond Sports Finance Co. (b) | 5.38% | 08/15/26 | 290225 |
| 1032000 | Directv Financing LLC / Directv Financing Co-Obligor, Inc. (b) | 5.88% | 08/15/27 | 948145 |
| 1205000 | Gray Escrow II, Inc. (b) | 5.38% | 11/15/31 | 921560 |
| 816000 | Scripps Escrow II, Inc. (b) | 5.38% | 01/15/31 | 667162 |
| 750000 | Scripps Escrow, Inc. (b) | 5.88% | 07/15/27 | 668483 |
| 630000 | Time Warner Cable LLC | 5.88% | 11/15/40 | 559184 |
| 1885000 | Time Warner Cable LLC | 5.50% | 09/01/41 | 1607004 |
| 390000 | Walt Disney (The) Co. | 4.00% | 10/01/23 | 386161 |
|  |  |  |  | 12084460 |
|  | **Oil & Gas — 0.1%** |  |  |  |
| 1118000 | Occidental Petroleum Corp. | (h) | 10/10/36 | 567893 |
| 800000 | Sunoco L.P. / Sunoco Finance Corp. | 4.50% | 05/15/29 | 693734 |
|  |  |  |  | 1261627 |
|  | **Oil & Gas Services — 0.2%** |  |  |  |
| 1336000 | Archrock Partners L.P. / Archrock Partners Finance Corp. (b) | 6.25% | 04/01/28 | 1241271 |
| 1190000 | USA Compression Partners L.P. / USA Compression Finance Corp. | 6.88% | 04/01/26 | 1141287 |
|  |  |  |  | 2382558 |
|  | **Packaging & Containers — 0.2%** |  |  |  |
| 58000 | Ball Corp. | 4.00% | 11/15/23 | 56895 |
| 1830000 | Berry Global, Inc. (b) | 4.88% | 07/15/26 | 1758227 |
| 295000 | Berry Global, Inc. | 1.65% | 01/15/27 | 249135 |
| 728000 | Graphic Packaging International LLC | 4.13% | 08/15/24 | 708883 |
| 20000 | Mauser Packaging Solutions Holding Co. (b) | 5.50% | 04/15/24 | 19753 |
| 60000 | Sealed Air Corp. (b) | 5.50% | 09/15/25 | 59616 |
|  |  |  |  | 2852509 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Pharmaceuticals — 1.2%** |  |  |  |
| $725000 | 180 Medical, Inc. (b) | 3.88% | 10/15/29 | $617597 |
| 705000 | AbbVie, Inc. | 4.55% | 03/15/35 | 671676 |
| 1158000 | AbbVie, Inc. | 4.50% | 05/14/35 | 1097999 |
| 200000 | AbbVie, Inc. | 4.45% | 05/14/46 | 176665 |
| 810000 | Bayer US Finance II LLC (b) | 2.85% | 04/15/25 | 760771 |
| 180000 | Bayer US Finance II LLC (b) | 4.25% | 12/15/25 | 174644 |
| 880000 | Bayer US Finance II LLC (b) | 4.38% | 12/15/28 | 836155 |
| 265000 | Bayer US Finance II LLC (b) | 4.63% | 06/25/38 | 230075 |
| 1960000 | Bayer US Finance II LLC (b) | 4.40% | 07/15/44 | 1556926 |
| 400000 | Bayer US Finance II LLC (b) | 4.88% | 06/25/48 | 349545 |
| 1495000 | Becton Dickinson and Co. | 2.82% | 05/20/30 | 1303674 |
| 330000 | Cigna Corp. | 4.38% | 10/15/28 | 321950 |
| 400000 | Cigna Corp. | 4.90% | 12/15/48 | 370029 |
| 2280000 | CVS Health Corp. | 5.05% | 03/25/48 | 2120178 |
| 2005000 | Option Care Health, Inc. (b) | 4.38% | 10/31/29 | 1710501 |
| 1431000 | Organon & Co. / Organon Foreign Debt Co-Issuer B.V. (b) | 5.13% | 04/30/31 | 1271444 |
| 550000 | Prestige Brands, Inc. (b) | 5.13% | 01/15/28 | 519252 |
| 1721000 | Prestige Brands, Inc. (b) | 3.75% | 04/01/31 | 1456095 |
|  |  |  |  | 15545176 |
|  | **Pipelines — 0.9%** |  |  |  |
| 50000 | Energy Transfer L.P. | 4.00% | 10/01/27 | 46943 |
| 1535000 | Energy Transfer L.P. | 5.40% | 10/01/47 | 1327404 |
| 3740000 | Energy Transfer L.P. | 5.00% | 05/15/50 | 3088297 |
| 594000 | Energy Transfer L.P., Series B (f) | 6.63% | (g) | 434362 |
| 115000 | Enterprise Products Operating LLC | 5.10% | 02/15/45 | 105258 |
| 765000 | Global Partners L.P. / GLP Finance Corp | 6.88% | 01/15/29 | 695385 |
| 250000 | Kinder Morgan, Inc. | 5.55% | 06/01/45 | 233703 |
| 607000 | NGL Energy Operating LLC / NGL Energy Finance Corp. (b) | 7.50% | 02/01/26 | 548948 |
| 845000 | Plains All American Pipeline L.P. / PAA Finance Corp. | 3.55% | 12/15/29 | 737204 |
| 350000 | Rockies Express Pipeline LLC (b) | 4.95% | 07/15/29 | 315360 |
| 100000 | Rockies Express Pipeline LLC (b) | 6.88% | 04/15/40 | 83434 |
| 598788 | Ruby Pipeline LLC (i) (j) (k) (l) | 8.00% | 04/01/22 | 583818 |
| 1015000 | Sabine Pass Liquefaction LLC | 4.50% | 05/15/30 | 960076 |
| 1274000 | TransMontaigne Partners L.P. / TLP Finance Corp. | 6.13% | 02/15/26 | 1111110 |
| 1705000 | Venture Global Calcasieu Pass LLC (b) | 4.13% | 08/15/31 | 1472506 |
|  |  |  |  | 11743808 |
|  | **Real Estate Investment Trusts — 1.7%** |  |  |  |
| 75000 | Alexandria Real Estate Equities, Inc., Class E | 3.45% | 04/30/25 | 72477 |
| 1310000 | American Assets Trust L.P. | 3.38% | 02/01/31 | 1057776 |
| 2235000 | American Homes 4 Rent L.P. | 3.63% | 04/15/32 | 1895851 |
| 250000 | Boston Properties L.P. | 2.75% | 10/01/26 | 226926 |
| 200000 | Boston Properties L.P. | 3.40% | 06/21/29 | 173058 |
| 550000 | Camden Property Trust | 2.95% | 12/15/22 | 549527 |
| 500000 | CubeSmart L.P. | 4.38% | 02/15/29 | 467330 |
| 975000 | Extra Space Storage L.P. | 2.55% | 06/01/31 | 769417 |
| 3625000 | GLP Capital L.P. / GLP Financing II, Inc. | 5.38% | 04/15/26 | 3518715 |
| 175000 | GLP Capital L.P. / GLP Financing II, Inc. | 5.75% | 06/01/28 | 169561 |
| 185000 | GLP Capital L.P. / GLP Financing II, Inc. | 5.30% | 01/15/29 | 174177 |
| 1485000 | GLP Capital L.P. / GLP Financing II, Inc. | 4.00% | 01/15/30 | 1290279 |
| 490000 | Healthcare Realty Holdings L.P. | 3.63% | 01/15/28 | 437134 |
| 595000 | Healthcare Realty Holdings L.P. | 3.10% | 02/15/30 | 500053 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  | **Real Estate Investment Trusts (Continued)** |  |  |  |
| $1597000 | Healthcare Realty Holdings L.P. | 2.40% | 03/15/30 | $1264545 |
| 870000 | Healthcare Realty Holdings L.P. | 2.00% | 03/15/31 | 661575 |
| 500000 | Hudson Pacific Properties L.P. | 3.95% | 11/01/27 | 424124 |
| 560000 | Hudson Pacific Properties L.P. | 5.95% | 02/15/28 | 532332 |
| 175000 | Hudson Pacific Properties L.P. | 4.65% | 04/01/29 | 152612 |
| 405000 | Hudson Pacific Properties L.P. | 3.25% | 01/15/30 | 317576 |
| 310000 | Invitation Homes Operating Partnership L.P. | 2.30% | 11/15/28 | 256629 |
| 173000 | Kilroy Realty L.P. | 4.25% | 08/15/29 | 154242 |
| 400000 | Kilroy Realty L.P. | 2.50% | 11/15/32 | 289899 |
| 1639000 | Life Storage L.P. | 2.40% | 10/15/31 | 1266404 |
| 505000 | LXP Industrial Trust | 2.70% | 09/15/30 | 404970 |
| 830000 | Physicians Realty LP | 2.63% | 11/01/31 | 653176 |
| 250000 | Ventas Realty L.P. | 2.65% | 01/15/25 | 236192 |
| 80000 | VICI Properties L.P. | 4.95% | 02/15/30 | 75733 |
| 1250000 | VICI Properties L.P. | 5.13% | 05/15/32 | 1174081 |
| 503000 | VICI Properties L.P. | 5.63% | 05/15/52 | 455104 |
| 117000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 5.63% | 05/01/24 | 116014 |
| 399000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 4.63% | 06/15/25 | 382301 |
| 290000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 4.50% | 09/01/26 | 271900 |
| 210000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 5.75% | 02/01/27 | 203759 |
| 750000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 3.75% | 02/15/27 | 677554 |
| 220000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 4.50% | 01/15/28 | 201563 |
| 440000 | VICI Properties L.P. / VICI Note Co., Inc. (b) | 3.88% | 02/15/29 | 386715 |
|  |  |  |  | 21861281 |
|  | **Retail — 0.4%** |  |  |  |
| 1260000 | Bloomin' Brands, Inc. / OSI Restaurant Partners LLC (b) | 5.13% | 04/15/29 | 1090171 |
| 1817000 | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc. (b) | 6.75% | 01/15/30 | 1532403 |
| 788000 | FirstCash, Inc. (b) | 5.63% | 01/01/30 | 717733 |
| 2170000 | Michaels (The) Cos., Inc. (b) | 7.88% | 05/01/29 | 1287081 |
| 1400000 | Papa John's International, Inc. (b) | 3.88% | 09/15/29 | 1172194 |
|  |  |  |  | 5799582 |
|  | **Semiconductors — 0.1%** |  |  |  |
| 75000 | Broadcom, Inc. | 3.63% | 10/15/24 | 73093 |
| 316000 | Broadcom, Inc. (b) | 2.60% | 02/15/33 | 239070 |
| 660000 | Broadcom, Inc. (b) | 3.42% | 04/15/33 | 536849 |
| 415000 | Intel Corp. | 3.73% | 12/08/47 | 319936 |
|  |  |  |  | 1168948 |
|  | **Software — 0.4%** |  |  |  |
| 225000 | Central Parent, Inc. / CDK Global, Inc. (b) | 7.25% | 06/15/29 | 217398 |
| 960000 | Oracle Corp. | 2.88% | 03/25/31 | 803979 |
| 1755000 | Oracle Corp. | 3.80% | 11/15/37 | 1391905 |
| 1640000 | Oracle Corp. | 4.00% | 11/15/47 | 1214797 |
| 1235000 | Oracle Corp. | 6.90% | 11/09/52 | 1370239 |
|  |  |  |  | 4998318 |
|  | **Telecommunications — 1.7%** |  |  |  |
| 775000 | AT&T, Inc. | 2.55% | 12/01/33 | 609569 |
| 2150000 | AT&T, Inc. | 4.50% | 05/15/35 | 1972099 |
| 200000 | AT&T, Inc. | 5.25% | 03/01/37 | 195624 |
| 594000 | AT&T, Inc. | 4.85% | 03/01/39 | 545836 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** | **Value** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
|  |  | **Telecommunications (Continued)** |  |  |  |  |
| $| 750000 | AT&T, Inc. | 4.30% | 12/15/42 | $| 628928 |
|  | 605000 | AT&T, Inc. | 4.75% | 05/15/46 |  | 527719 |
|  | 2720000 | AT&T, Inc. | 3.80% | 12/01/57 |  | 1978742 |
|  | 162000 | CommScope, Inc. (b) | 6.00% | 03/01/26 |  | 156934 |
|  | 456000 | Frontier Communications Holdings LLC (b) | 5.00% | 05/01/28 |  | 406314 |
|  | 592000 | Level 3 Financing, Inc. (b) | 4.63% | 09/15/27 |  | 499574 |
|  | 1400000 | Level 3 Financing, Inc. (b) | 4.25% | 07/01/28 |  | 1097830 |
|  | 1515000 | Level 3 Financing, Inc. (b) | 3.63% | 01/15/29 |  | 1120570 |
|  | 300000 | Level 3 Financing, Inc. (b) | 3.75% | 07/15/29 |  | 217341 |
|  | 1070000 | Level 3 Financing, Inc. (b) | 3.88% | 11/15/29 |  | 833059 |
|  | 400000 | Lumen Technologies Inc (b) | 4.00% | 02/15/27 |  | 341510 |
|  | 342000 | Qwest Corp. | 7.25% | 09/15/25 |  | 340882 |
|  | 335000 | SES GLOBAL Americas Holdings, Inc. (b) | 5.30% | 03/25/44 |  | 262880 |
|  | 542000 | Sprint Corp. | 7.88% | 09/15/23 |  | 554434 |
|  | 3025000 | Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC (b) | 4.74% | 03/20/25 |  | 2987407 |
|  | 280000 | Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC (b) | 5.15% | 03/20/28 |  | 275796 |
|  | 1075000 | T-Mobile USA, Inc. | 2.25% | 02/15/26 |  | 985579 |
|  | 74000 | T-Mobile USA, Inc. | 4.75% | 02/01/28 |  | 72028 |
|  | 1000000 | T-Mobile USA, Inc. | 2.63% | 02/15/29 |  | 853254 |
|  | 1445000 | T-Mobile USA, Inc. | 3.88% | 04/15/30 |  | 1328534 |
|  | 700000 | T-Mobile USA, Inc. | 2.55% | 02/15/31 |  | 581104 |
|  | 2000000 | T-Mobile USA, Inc. | 3.50% | 04/15/31 |  | 1745101 |
|  | 1660000 | Zayo Group Holdings, Inc. (b) | 4.00% | 03/01/27 |  | 1191697 |
|  |  |  |  |  |  | 22310345 |
|  |  | **Total Corporate Bonds and Notes** |  |  |  | 291220096 |
|  |  | (Cost $321,462,334) |  |  |  |  |
| **ASSET-BACKED SECURITIES — 18.6%** | **ASSET-BACKED SECURITIES — 18.6%** | **ASSET-BACKED SECURITIES — 18.6%** | **ASSET-BACKED SECURITIES — 18.6%** | **ASSET-BACKED SECURITIES — 18.6%** | **ASSET-BACKED SECURITIES — 18.6%** | **ASSET-BACKED SECURITIES — 18.6%** |
|  |  | 321 Henderson Receivables LLC |  |  |  |  |
|  | 259315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-2A, Class A (b) | 4.21% | 03/15/62 |  | 236248 |
|  |  | ABFC Trust |  |  |  |  |
|  | 69521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-NC1, Class A2, 1 Mo. LIBOR + 0.30% (b) (d) | 4.34% | 05/25/37 |  | 62867 |
|  | 973731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-WMC1, Class A1A, 1 Mo. LIBOR + 1.25% (d) | 5.29% | 06/25/37 |  | 699969 |
|  |  | ACE Securities Corp. Home Equity Loan Trust |  |  |  |  |
|  | 3366497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-ASP6, Class A2C, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 12/25/36 |  | 1208328 |
|  | 814023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE3, Class A2C, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 06/25/36 |  | 585023 |
|  | 2135045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE1, Class A1, 1 Mo. LIBOR + 0.30% (d) | 4.34% | 01/25/37 |  | 1123840 |
|  | 2935483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-WM2, Class A1, 1 Mo. LIBOR + 0.21% (d) | 4.25% | 02/25/37 |  | 1314564 |
|  |  | AFN ABSPROP001 LLC |  |  |  |  |
|  | 3666247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class A1 (b) | 3.78% | 05/20/49 |  | 3504532 |
|  |  | AGL CLO Ltd. |  |  |  |  |
|  | 3600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-12A, Class A1, 3 Mo. LIBOR + 1.16% (b) (d) | 5.40% | 07/20/34 |  | 3504600 |
|  |  | AIG CLO Ltd. |  |  |  |  |
|  | 1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-1A, Class BR, 3 Mo. LIBOR + 1.70% (b) (d) | 5.94% | 04/20/32 |  | 1548949 |
|  |  | Aimco CLO Ltd. |  |  |  |  |
|  | 2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-AA, Class BR2, 3 Mo. LIBOR + 1.60% (b) (d) | 5.68% | 10/17/34 |  | 2478075 |
|  | 2100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-11A, Class AR, 3 Mo. LIBOR + 1.13% (b) (d) | 5.21% | 10/17/34 |  | 2035179 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | Allegro CLO VI Ltd. |  |  |  |
| $4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-2A, Class B, 3 Mo. LIBOR + 1.50% (b) (d) | 5.58% | 01/17/31 | $3820610 |
|  | Ameriquest Mortgage Securities, Inc., Asset Backed Pass-Through Certificates |  |  |  |
| 375732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2002-AR1, Class M1, 1 Mo. LIBOR + 1.07% (d) | 3.78% | 09/25/32 | 357204 |
|  | AMMC CLO Ltd. |  |  |  |
| 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-24A, Class B, 3 Mo. LIBOR + 1.75% (b) (d) | 5.99% | 01/20/35 | 2373224 |
|  | Apidos CLO XXXVII |  |  |  |
| 1625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-37A, Class B, 3 Mo. LIBOR + 1.60% (b) (d) | 5.92% | 10/22/34 | 1543304 |
|  | Arbor Realty Commercial Real Estate Notes Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-FL2, Class AS, 1 Mo. CME Term SOFR + 1.56% (b) (d) | 5.36% | 09/15/34 | 1943664 |
| 1831000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FL1, Class C, 1 Mo. LIBOR + 2.00% (b) (d) | 5.88% | 12/15/35 | 1725519 |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FL1, Class E, 1 Mo. LIBOR + 3.40% (b) (d) | 7.28% | 12/15/35 | 1893653 |
|  | Ares LXII CLO Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-62A, Class B, 3 Mo. LIBOR + 1.65% (b) (d) | 6.01% | 01/25/34 | 1905295 |
|  | Argent Securities Trust |  |  |  |
| 1266673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-W2, Class A2B, 1 Mo. LIBOR + 0.38% (d) | 4.42% | 03/25/36 | 668902 |
|  | Argent Securities, Inc., Asset-Backed Pass-Through Certificates |  |  |  |
| 121814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-W3, Class M1, 1 Mo. LIBOR + 0.66% (d) | 4.70% | 11/25/35 | 117297 |
| 2200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-W3, Class M2, 1 Mo. LIBOR + 0.69% (d) | 4.73% | 11/25/35 | 1831677 |
|  | BCMSC Trust |  |  |  |
| 2369065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2000-A, Class A5 | 8.32% | 06/15/30 | 380911 |
|  | BlueMountain CLO XXXI Ltd |  |  |  |
| 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-31A, Class B, 3 Mo. LIBOR + 1.70% (b) (d) | 5.93% | 04/19/34 | 2387563 |
|  | BNC Mortgage Loan Trust |  |  |  |
| 1089891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-2, Class A4, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 11/25/36 | 1049290 |
|  | CAL Funding IV Ltd. |  |  |  |
| 2263122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (b) | 2.22% | 09/25/45 | 1954673 |
|  | Carvana Auto Receivables Trust |  |  |  |
| 5450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-P1, Class R (b) | (h) | 09/08/27 | 878375 |
| 6700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-N2, Class R (b) | (h) | 03/10/28 | 1588033 |
| 2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-P2, Class R (b) | (h) | 05/10/28 | 806736 |
| 2800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-P4, Class R (b) | (h) | 09/11/28 | 1270262 |
| 19300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-N1, Class R (b) | (h) | 12/11/28 | 3464705 |
| 17100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-P2, Class R (b) | (h) | 05/10/29 | 2935978 |
|  | C-BASS TRUST |  |  |  |
| 2695385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CB1, Class AF2, steps up to 6.22% after Redemption Date (c) | 3.10% | 01/25/37 | 925621 |
| 2669873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CB1, Class AF3, steps up to 6.24% after Redemption Date (c) | 3.10% | 01/25/37 | 916825 |
|  | Cedar Funding XIV CLO Ltd. |  |  |  |
| 1850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-14A, Class A, 3 Mo. LIBOR + 1.10% (b) (d) | 5.18% | 07/15/33 | 1812982 |
|  | CF Hippolyta Issuer LLC |  |  |  |
| 3718708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1 (b) | 1.69% | 07/15/60 | 3296329 |
|  | Chase Auto Owner Trust |  |  |  |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-AA, Class R1 (b) | (h) | 06/25/30 | 1796891 |
|  | CIT Education Loan Trust |  |  |  |
| 2979830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class A4, 3 Mo. LIBOR + 0.16% (d) | 3.45% | 12/15/33 | 2841760 |
|  | Citigroup Mortgage Loan Trust |  |  |  |
| 2772277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE3, Class A2B, 1 Mo. LIBOR + 0.20% (d) | 4.24% | 12/25/36 | 1796908 |
|  | Citigroup Mortgage Loan Trust, Inc. |  |  |  |
| 292887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-WFH3, Class M1, 1 Mo. LIBOR + 0.26% (d) | 4.43% | 06/25/37 | 286850 |
|  | CMFT Net Lease Master Issuer LLC |  |  |  |
| 2857102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A1 (b) | 2.09% | 07/20/51 | 2422250 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | Cologix Data Centers US Issuer LLC |  |  |  |
| $1960000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (b) | 3.30% | 12/26/51 | $1724753 |
|  | Conseco Finance Corp. |  |  |  |
| 1795133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 1999-3, Class A8 | 7.06% | 02/01/31 | 1597108 |
|  | CoreVest American Finance Trust |  |  |  |
| 952165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class XA, IO (a) (b) | 2.76% | 03/15/50 | 64934 |
| 857846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3, Class XA, IO (a) (b) | 3.85% | 08/15/53 | 65181 |
| 1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3, Class XB, IO (a) (b) | 2.79% | 08/15/53 | 149086 |
| 1640000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-4, Class B (b) | 1.71% | 12/15/52 | 1416672 |
|  | Credit-Based Asset Servicing & Securitization LLC |  |  |  |
| 808448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-MH1, Class B1 (b) | 6.25% | 10/25/36 | 764684 |
|  | CWABS Asset-Backed Certificates Trust |  |  |  |
| 1950000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-17, Class MV2, 1 Mo. LIBOR + 0.72% (d) | 4.76% | 05/25/36 | 1837221 |
| 15392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-6, Class 1A1, 1 Mo. LIBOR + 0.34% (d) | 4.38% | 09/25/36 | 15376 |
|  | DataBank Issuer |  |  |  |
| 2245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (b) | 2.06% | 02/27/51 | 1940719 |
|  | Dryden CLO Ltd. |  |  |  |
| 1600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-58A, Class C, 3 Mo. LIBOR + 1.80% (b) (d) | 5.88% | 07/17/31 | 1502942 |
| 625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-72A, Class BR, 3 Mo. LIBOR + 1.65% (b) (d) | 6.26% | 05/15/32 | 601250 |
|  | Eaton Vance CLO Ltd. |  |  |  |
| 1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class AR, 3 Mo. LIBOR + 1.10% (b) (d) | 5.18% | 04/15/31 | 1766066 |
| 1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class AR, 3 Mo. LIBOR + 1.17% (b) (d) | 5.25% | 10/15/34 | 1700562 |
|  | ECMC Group Student Loan Trust |  |  |  |
| 1670044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-2A, Class A, 1 Mo. LIBOR + 1.05% (b) (d) | 5.07% | 05/25/67 | 1606647 |
| 1424396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A1B, 1 Mo. LIBOR + 0.57% (b) (d) | 4.61% | 11/25/70 | 1345195 |
|  | Elmwood CLO VI Ltd. |  |  |  |
| 2600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3A, Class BR, 3 Mo. LIBOR + 1.65% (b) (d) | 5.89% | 10/20/34 | 2490791 |
|  | Exeter Automobile Receivables Trust |  |  |  |
| 1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-6A, Class D (m) | 8.03% | 04/06/29 | 1399584 |
|  | FirstKey Homes Trust |  |  |  |
| 4760000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR1, Class B (b) | 1.74% | 08/17/37 | 4251263 |
| 2420000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR2, Class F1 (b) | 3.02% | 10/19/37 | 2105860 |
|  | Flatiron CLO Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class B, 3 Mo. LIBOR + 1.60% (b) (d) | 5.83% | 07/19/34 | 956434 |
|  | Fremont Home Loan Trust |  |  |  |
| 28264 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-D, Class 2A4, 1 Mo. LIBOR + 0.68% (d) | 4.72% | 11/25/35 | 27576 |
|  | GCI Funding I LLC |  |  |  |
| 2675837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A (b) | 2.38% | 06/18/46 | 2276990 |
|  | Goldentree Loan Management US CLO Ltd. |  |  |  |
| 1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-4A, Class AR, 3 Mo. LIBOR + 1.11% (b) (d) | 5.43% | 04/24/31 | 1173498 |
|  | Golub Capital Partners CLO L.P. |  |  |  |
| 1575000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-54A, Class A, 3 Mo. LIBOR + 1.53% (b) (d) | 6.06% | 08/05/33 | 1514890 |
|  | GSAA Home Equity Trust |  |  |  |
| 3455000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4, Class M2, 1 Mo. LIBOR + 1.05% (d) | 5.09% | 03/25/35 | 3245083 |
| 229774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-8, Class A3, 1 Mo. LIBOR + 0.90% (d) | 4.94% | 08/25/37 | 221469 |
|  | GSAMP Trust |  |  |  |
| 804093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE4, Class A2D, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 06/25/36 | 765177 |
| 1132777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FM2, Class A1, 1 Mo. LIBOR + 0.14% (d) | 4.18% | 01/25/37 | 676819 |
|  | HPS Loan Management Ltd. |  |  |  |
| 1225000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 10A-16, Class A1RR, 3 Mo. LIBOR + 1.14% (b) (d) | 5.38% | 04/20/34 | 1187348 |
| 2700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-16A, Class B, 3 Mo. LIBOR + 1.70% (b) (d) | 6.02% | 01/23/35 | 2548869 |
|  | HSI Asset Securitization Corp Trust |  |  |  |
| 5728148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OPT1, Class 1A, 1 Mo. LIBOR + 0.14% (d) | 4.18% | 12/25/36 | 4756049 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | Invitation Homes Trust |  |  |  |
| $1124052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-SFR4, Class A, 1 Mo. LIBOR + 1.10% (b) (d) | 5.00% | 01/17/38 | $1108106 |
|  | JGWPT XXV LLC |  |  |  |
| 2112842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-1A, Class A (b) | 4.21% | 02/16/65 | 1863714 |
|  | JP Morgan Mortgage Acquisition Trust |  |  |  |
| 654700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-CH2, Class AF6, steps up to 6.04% after Redemption Date (c) | 5.54% | 10/25/36 | 414613 |
| 598613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WF1, Class A5 | 6.91% | 07/25/36 | 181319 |
| 930476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CH2, Class AF6, steps up to 6.05% after Redemption Date (c) | 4.43% | 01/25/37 | 513458 |
|  | Lehman XS Trust |  |  |  |
| 1258727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-15, Class A4, 1 Mo. LIBOR + 0.34% (d) | 4.38% | 10/25/36 | 1125735 |
| 3495341 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-19, Class A3, 1 Mo. LIBOR + 0.50% (d) | 4.54% | 12/25/36 | 2856020 |
| 2083333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-11, Class A3, 1 Mo. LIBOR + 0.52% (d) | 4.56% | 02/25/47 | 1829517 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 2270948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-8, Class 2A3, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 09/25/36 | 649056 |
| 13399671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-10, Class 2A3, 1 Mo. LIBOR + 0.16% (d) | 4.20% | 11/25/36 | 4144786 |
|  | Magnetite XXI Ltd |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-21A, Class BR, 3 Mo. LIBOR + 1.35% (b) (d) | 5.59% | 04/20/34 | 1903769 |
|  | Mastr Asset Backed Securities Trust |  |  |  |
| 118784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE5, Class A3, 1 Mo. LIBOR + 0.16% (d) | 4.36% | 11/25/36 | 71663 |
| 1632578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC2, Class A3, 1 Mo. LIBOR + 0.22% (d) | 4.26% | 08/25/36 | 656338 |
|  | Merrill Lynch First Franklin Mortgage Loan Trust |  |  |  |
| 1720804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class A1, 1 Mo. LIBOR + 0.28% (d) | 4.32% | 04/25/37 | 785656 |
| 3142811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-5, Class 1A, 1 Mo. LIBOR + 0.85% (d) | 4.89% | 10/25/37 | 1996957 |
|  | Merrill Lynch Mortgage Investors Trust |  |  |  |
| 2912990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE6, Class A2C, 1 Mo. LIBOR + 0.46% (d) | 4.50% | 11/25/37 | 1048022 |
|  | Morgan Stanley ABS Capital I, Inc. Trust |  |  |  |
| 1861476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE8, Class A2B, 1 Mo. LIBOR + 0.10% (d) | 4.14% | 10/25/36 | 882374 |
| 1802261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE8, Class A2C, 1 Mo. LIBOR + 0.14% (d) | 4.18% | 10/25/36 | 855095 |
| 4607104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE2, Class A2B, 1 Mo. LIBOR + 0.09% (d) | 4.13% | 01/25/37 | 2254338 |
| 1289423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE4, Class A2B, 1 Mo. LIBOR + 0.18% (d) | 4.22% | 02/25/37 | 430829 |
| 1797990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-NC3, Class A2D, 1 Mo. LIBOR + 0.26% (d) | 4.30% | 05/25/37 | 1248691 |
|  | Navient Student Loan Trust |  |  |  |
| 22353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-1, Class A3, 1 Mo. LIBOR + 0.51% (d) | 4.53% | 06/25/31 | 21651 |
| 2405626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-2A, Class A3, 1 Mo. LIBOR + 1.50% (b) (d) | 5.52% | 06/25/65 | 2348624 |
| 4269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-2A, Class A3, 1 Mo. LIBOR + 0.75% (b) (d) | 4.77% | 03/25/67 | 4173401 |
| 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-3A, Class B, 1 Mo. LIBOR + 1.55% (b) (d) | 5.59% | 07/25/68 | 2326349 |
|  | Neuberger Berman Loan Advisers CLO Ltd. |  |  |  |
| 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-26A, Class D, 3 Mo. LIBOR + 2.65% (b) (d) | 6.84% | 10/18/30 | 1378869 |
| 1300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-43A, Class A, 3 Mo. LIBOR + 1.13% (b) (d) | 5.21% | 07/17/35 | 1265110 |
|  | NovaStar Mortgage Funding Trust |  |  |  |
| 588361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class A1A, 1 Mo. LIBOR + 0.20% (d) | 4.24% | 09/25/37 | 564149 |
|  | OCP CLO Ltd. |  |  |  |
| 1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-21A, Class B, 3 Mo. LIBOR + 1.70% (b) (d) | 5.94% | 07/20/34 | 1438565 |
|  | Octagon Investment Partners 46 Ltd. |  |  |  |
| 2100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2A, Class AR, 3 Mo. LIBOR + 1.16% (b) (d) | 5.24% | 07/15/36 | 2039749 |
|  | OHA Credit Funding Ltd. |  |  |  |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-3A, Class AR, 3 Mo. LIBOR + 1.14% (b) (d) | 5.38% | 07/02/35 | 1947593 |
| 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-5A, Class B, 3 Mo. LIBOR + 1.60% (b) (d) | 5.79% | 04/18/33 | 2871479 |
|  | Palmer Square CLO Ltd. |  |  |  |
| 3100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3A, Class A1AR, 3 Mo. LIBOR + 1.08% (b) (d) | 5.69% | 11/15/31 | 3046719 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | PRET LLC |  |  |  |
| $3760372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-RN2, Class A1, steps up to 9.00% on 07/25/26 (b) (c) | 5.00% | 06/25/52 | $3656495 |
|  | Progress Residential Trust |  |  |  |
| 1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-SFR3, Class F (b) | 3.87% | 09/17/36 | 1130311 |
| 5135000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR2, Class E2 (b) | 2.65% | 04/19/38 | 4304299 |
| 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR6, Class G (b) | 4.00% | 07/17/38 | 1686908 |
| 1605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR11, Class B (b) | 2.73% | 01/17/39 | 1322275 |
| 8100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR9, Class F (b) | 4.05% | 11/17/40 | 6345790 |
|  | Regatta XII Funding Ltd. |  |  |  |
| 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1A, Class BR, 3 Mo. LIBOR + 1.60% (b) (d) | 5.68% | 10/15/32 | 2870646 |
|  | Regatta XX Funding Ltd |  |  |  |
| 3200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2A, Class A, 3 Mo. LIBOR + 1.16% (b) (d) | 5.24% | 10/15/34 | 3096816 |
|  | Residential Asset Mortgage Products, Inc. |  |  |  |
| 1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC2, Class M1, 1 Mo. LIBOR + 0.54% (d) | 4.58% | 02/25/36 | 1303177 |
| 1863765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-RZ2, Class M1, 1 Mo. LIBOR + 0.33% (d) | 4.54% | 05/25/36 | 1815990 |
|  | Residential Asset Securities Corp. |  |  |  |
| 36336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-KS11, Class M2, 1 Mo. LIBOR + 0.63% (d) | 4.67% | 12/25/35 | 36024 |
|  | Rockford Tower CLO Ltd. |  |  |  |
| 1325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-2A, Class BR, 3 Mo. LIBOR + 1.65% (b) (d) | 6.33% | 08/20/32 | 1269285 |
| 1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class B, 3 Mo. LIBOR + 1.80% (b) (d) | 6.04% | 01/20/32 | 1737907 |
|  | Sabey Data Center Issuer LLC |  |  |  |
| 1785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A2 (b) | 3.81% | 04/20/45 | 1666647 |
|  | Saxon Asset Securities Trust |  |  |  |
| 1172075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class M1, 1 Mo. LIBOR + 0.47% (d) | 4.51% | 03/25/36 | 1105988 |
|  | Securitized Asset Backed Receivables LLC Trust |  |  |  |
| 2333687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-CB5, Class A3, 1 Mo. LIBOR + 0.28% (d) | 4.32% | 06/25/36 | 1479828 |
|  | Skyline Aircraft Finance LLC |  |  |  |
| 631829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A (n) (o) | 3.23% | 05/10/38 | 562391 |
|  | SLC Student Loan Trust |  |  |  |
| 933418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-1, Class A4A, 3 Mo. LIBOR + 1.60% (d) | 4.89% | 12/15/32 | 929057 |
|  | SLM Student Loan EDC Repackaging Trust |  |  |  |
| 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-M1, Class M1R (b) | (h) | 10/28/29 | 461650 |
|  | SLM Student Loan Trust |  |  |  |
| 2030332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-2, Class B, 3 Mo. LIBOR + 0.22% (d) | 4.58% | 01/25/41 | 1862970 |
| 3400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-2, Class R | (h) | 01/25/41 | 433569 |
| 2184925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class B, 3 Mo. LIBOR + 0.22% (d) | 4.58% | 01/27/42 | 1927060 |
| 1375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-4, Class R | (h) | 01/25/42 | 360903 |
| 1631325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-7, Class A4, 3 Mo. LIBOR + 0.33% (d) | 4.69% | 01/25/22 | 1574460 |
| 905000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-7, Class B, 3 Mo. LIBOR + 0.75% (d) | 5.11% | 10/27/70 | 715897 |
| 300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-2, Class B, 3 Mo. LIBOR + 1.20% (d) | 5.56% | 01/25/83 | 231868 |
| 300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-3, Class B, 3 Mo. LIBOR + 1.20% (d) | 5.56% | 04/26/83 | 247590 |
| 753844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-4, Class A4, 3 Mo. LIBOR + 1.65% (d) | 6.01% | 07/25/22 | 750748 |
| 2219779 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-5, Class A4, 3 Mo. LIBOR + 1.70% (d) | 6.06% | 07/25/23 | 2190518 |
| 650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-5, Class B, 3 Mo. LIBOR + 1.85% (d) | 6.21% | 07/25/73 | 608852 |
| 340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-6, Class B, 3 Mo. LIBOR + 1.85% (d) | 6.21% | 07/26/83 | 308027 |
| 220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-8, Class B, 3 Mo. LIBOR + 2.25% (d) | 6.61% | 10/25/75 | 210206 |
| 1875084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-9, Class A, 3 Mo. LIBOR + 1.50% (d) | 5.86% | 04/25/23 | 1853690 |
| 800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-9, Class B, 3 Mo. LIBOR + 2.25% (d) | 6.61% | 10/25/83 | 737845 |
| 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-7, Class B, 1 Mo. LIBOR + 1.80% (d) | 5.82% | 09/25/43 | 93836 |
|  | Soundview Home Loan Trust |  |  |  |
| 2042128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OPT1, Class 2A3, 1 Mo. LIBOR + 0.21% (d) | 4.25% | 06/25/37 | 1400790 |
| 197859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OPT2, Class 2A4, 1 Mo. LIBOR + 0.25% (d) | 4.27% | 07/25/37 | 153477 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  |  | Specialty Underwriting & Residential Finance Trust |  |  |  |  |
| $| 2746667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AB3, Class A2C, 1 Mo. LIBOR + 0.48% (d) | 4.52% | 09/25/37 | $| 1909711 |
|  |  | Structured Asset Securities Corp Mortgage Loan Trust |  |  |  |  |
|  | 4812094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-2XS, Class M1, 1 Mo. LIBOR + 0.71% (d) | 4.75% | 02/25/35 |  | 4799325 |
|  | 974439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-BC3, Class A3, 1 Mo. LIBOR + 0.32% (d) | 4.36% | 10/25/36 |  | 808587 |
|  |  | Structured Receivables Finance LLC |  |  |  |  |
|  | 64164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2010-B, Class A (b) | 3.73% | 08/15/36 |  | 61505 |
|  |  | STWD Ltd. |  |  |  |  |
|  | 2483000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-FL1, Class AS, 1 Mo. CME Term SOFR + 1.51% (b) (d) | 5.33% | 07/15/38 |  | 2395024 |
|  |  | TAL Advantage VII LLC |  |  |  |  |
|  | 2769413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A (b) | 2.05% | 09/20/45 |  | 2414952 |
|  |  | Textainer Marine Containers Ltd. |  |  |  |  |
|  | 1620000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-3A, Class A (b) | 1.94% | 08/20/46 |  | 1325365 |
|  |  | Textainer Marine Containers VII Ltd. |  |  |  |  |
|  | 1998618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2A, Class A (b) | 2.10% | 09/20/45 |  | 1737616 |
|  |  | Trestles CLO V Ltd. |  |  |  |  |
|  | 1900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-5A, Class A1, 3 Mo. LIBOR + 1.17% (b) (d) | 5.41% | 10/20/34 |  | 1835323 |
|  |  | Tricon American Homes Trust |  |  |  |  |
|  | 1400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-SFR2, Class E (b) | 4.22% | 01/17/36 |  | 1353455 |
|  |  | Triton Container Finance VIII LLC |  |  |  |  |
|  | 3120042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A (b) | 1.86% | 03/20/46 |  | 2608169 |
|  |  | TRP LLC |  |  |  |  |
|  | 3518681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A (b) | 2.07% | 06/19/51 |  | 2974305 |
|  |  | Wachovia Student Loan Trust |  |  |  |  |
|  | 1296149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class B, 3 Mo. LIBOR + 0.24% (b) (d) | 4.60% | 04/25/40 |  | 1197960 |
|  |  | WaMu Asset-Backed Certificates WaMu Trust |  |  |  |  |
|  | 1603427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE2, Class 2A3, 1 Mo. LIBOR + 0.25% (d) | 4.29% | 04/25/37 |  | 629120 |
|  |  | Washington Mutual Asset-Backed Certificates WMABS Trust |  |  |  |  |
|  | 413587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE5, Class 1A, 1 Mo. LIBOR + 0.16% (d) | 4.20% | 10/25/36 |  | 321470 |
|  |  | **Total Asset-Backed Securities** |  |  |  | 246049552 |
|  |  | (Cost $267,133,487) |  |  |  |  |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 18.0%** |
|  |  | **Collateralized Mortgage Obligations — 0.1%** |  |  |  |  |
|  |  | Federal Home Loan Mortgage Corporation |  |  |  |  |
|  | 206231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-4919, Class FP, 1 Mo. LIBOR + 0.45% (d) | 4.47% | 09/25/49 |  | 200299 |
|  |  | Federal National Mortgage Association |  |  |  |  |
|  | 923560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-116, Class SA, IO, 1 Mo. LIBOR × -1 + 6.00% (p) | 1.98% | 11/25/41 |  | 68977 |
|  | 128706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-56, Class FK, 1 Mo. LIBOR + 0.45% (d) | 4.47% | 06/25/42 |  | 125989 |
|  | 106085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-128, Class UA | 2.50% | 06/25/42 |  | 94546 |
|  | 1026801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-18, Class MI, IO | 3.00% | 02/25/33 |  | 56413 |
|  | 260815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-33, Class FN, 1 Mo. LIBOR + 0.40% (d) | 4.42% | 07/25/49 |  | 255074 |
|  |  | Government National Mortgage Association |  |  |  |  |
|  | 959451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2003-110, Class S, IO, 1 Mo. LIBOR × -1 + 6.60% (p) | 2.66% | 10/20/33 |  | 21395 |
|  | 958247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-63, Class IO, IO | 4.00% | 09/20/47 |  | 155433 |
|  | 266324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-86, Class FE, 1 Mo. LIBOR + 0.40% (d) | 4.34% | 07/20/49 |  | 262475 |
|  | 187250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-133, Class FA (e) | 3.86% | 02/20/49 |  | 184606 |
|  |  |  |  |  |  | 1425207 |
|  |  | **Commercial Mortgage-Backed Securities — 0.8%** |  |  |  |  |
|  |  | Federal Home Loan Mortgage Corporation Multiclass Certificates |  |  |  |  |
|  | 11033590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-P009, Class X, IO (a) | 1.55% | 01/25/31 |  | 597676 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **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)** |  |  |  |
|  | Federal Home Loan Mortgage Corporation Multifamily PC REMIC Trust |  |  |  |
| $4095000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-P002, Class X, IO (e) | 1.14% | 07/25/33 | $322791 |
|  | Federal Home Loan Mortgage Corporation Multifamily Structured Pass-Through Certificates |  |  |  |
| 17398392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-K026, Class X3, IO (a) | 1.79% | 12/25/40 | 1211 |
| 67339822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-K031, Class X1, IO (a) | 0.29% | 04/25/23 | 27367 |
| 16675065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-K035, Class X1, IO (a) | 0.45% | 08/25/23 | 31839 |
| 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-K035, Class X3, IO (a) | 1.85% | 12/25/41 | 47738 |
| 2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-K037, Class X3, IO (a) | 2.28% | 01/25/42 | 57303 |
| 30701996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-K039, Class X1, IO (a) | 0.82% | 07/25/24 | 273770 |
| 2145000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-K039, Class X3, IO (a) | 2.18% | 08/25/42 | 83799 |
| 114544470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-K043, Class X1, IO (a) | 0.64% | 12/25/24 | 1047257 |
| 11121791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-K044, Class X1, IO (a) | 0.87% | 01/25/25 | 142667 |
| 20449223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-K048, Class X3, IO (a) | 1.54% | 08/25/43 | 681434 |
| 15702020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-K051, Class X1, IO (a) | 0.64% | 09/25/25 | 182737 |
| 6897149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-K056, Class X3, IO (a) | 2.18% | 06/25/44 | 428084 |
| 1900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-K060, Class X3, IO (a) | 1.96% | 12/25/44 | 117302 |
| 26082170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-K723, Class X3, IO (a) | 1.97% | 10/25/34 | 399569 |
| 84652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-KF25, Class A, 1 Mo. LIBOR + 0.48% (d) | 4.28% | 10/25/23 | 84581 |
| 3617809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-KS06, Class X, IO (a) | 1.18% | 08/25/26 | 94900 |
| 4819370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-KS07, Class X, IO (a) | 0.75% | 09/25/25 | 75643 |
| 8464279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-K726, Class X1, IO (a) | 1.04% | 04/25/24 | 84854 |
| 2230000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-K728, Class X3, IO (a) | 2.02% | 11/25/45 | 81643 |
| 1353921 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-KC04, Class X1, IO (a) | 1.41% | 12/25/26 | 39431 |
| 6958827 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-KC05, Class X1, IO (a) | 1.35% | 06/25/27 | 214612 |
| 4859079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-KLU1, Class X3, IO (a) | 4.19% | 01/25/31 | 595641 |
| 77050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-Q017, Class X, IO (e) | 1.22% | 04/25/30 | 1195976 |
|  | FREMF Mortgage Trust |  |  |  |
| 2282949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-KF64, Class B, 1 Mo. LIBOR + 2.30% (b) (d) | 6.10% | 06/25/26 | 2258604 |
|  | Federal National Mortgage Association |  |  |  |
| 33627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M2, Class X3, IO (a) | 2.09% | 04/25/36 | 2 |
| 1234737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M4, Class X2, IO (a) | 2.70% | 01/25/39 | 19930 |
| 109366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-M11, Class X2, IO (a) | 3.07% | 07/25/39 | 2824 |
| 175008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M10, Class A1 (a) | 3.47% | 07/25/28 | 172665 |
| 6100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M29, Class X4, IO | 0.70% | 03/25/29 | 195468 |
|  | Government National Mortgage Association |  |  |  |
| 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-77, Class IO, IO (e) (k) | 4.28% | 04/16/42 | 0 |
| 133447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-119, Class D | 3.51% | 04/16/45 | 129827 |
| 444743 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-142, Class B (e) | 3.37% | 02/16/44 | 442243 |
| 330664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-125, Class IO, IO (e) | 0.20% | 10/16/54 | 4438 |
| 19959 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-162, Class C (e) | 3.00% | 01/16/44 | 19908 |
| 734346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-52, Class D (e) | 3.63% | 05/16/46 | 713807 |
| 728487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-125, Class IO, IO (e) | 0.91% | 11/16/54 | 19091 |
|  |  |  |  | 10888632 |
|  | **Pass-through Securities — 17.1%** |  |  |  |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| 558627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool WN0006 | 3.42% | 07/01/30 | 523797 |
|  | Federal National Mortgage Association |  |  |  |
| 459611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AM2974 | 4.10% | 04/01/43 | 434162 |
| 1491746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool AM9897 | 3.50% | 09/01/35 | 1367952 |
| 33700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (q) | 3.00% | 12/15/52 | 29838607 |
| 5550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (q) | 4.00% | 12/15/52 | 5249736 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **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)** |
|  | **Pass-through Securities (Continued)** |  |  |  |
|  | Federal National Mortgage Association (Continued) |  |  |  |
| $37725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (q) | 4.50% | 12/15/52 | $36728824 |
| 48850000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (q) | 5.00% | 12/15/52 | 48621016 |
| 44425000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (q) | 2.00% | 01/15/53 | 36647154 |
| 77900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (q) | 2.50% | 01/15/53 | 66741434 |
|  |  |  |  | 226152682 |
|  | **Total U.S. Government Agency Mortgage-Backed Securities** |  |  | 238466521 |
|  | (Cost $236,523,364) |  |  |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local<br> Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES — 6.4%** | **FOREIGN CORPORATE BONDS AND NOTES — 6.4%** | **FOREIGN CORPORATE BONDS AND NOTES — 6.4%** | **FOREIGN CORPORATE BONDS AND NOTES — 6.4%** | **FOREIGN CORPORATE BONDS AND NOTES — 6.4%** |
|  | **Agriculture — 0.1%** |  |  |  |
| 1200000 | Imperial Brands Finance PLC (USD) (b) | 6.13% | 07/27/27 | 1201486 |
|  | **Banks — 2.6%** |  |  |  |
| 1025000 | ABN AMRO Bank N.V. (USD) (b) (f) | 2.47% | 12/13/29 | 831990 |
| 2160000 | Credit Suisse Group AG (USD) (b) (f) | 1.31% | 02/02/27 | 1708340 |
| 5550000 | Credit Suisse Group AG (USD) (b) (f) | 3.09% | 05/14/32 | 3786164 |
| 4700000 | Credit Suisse Group AG (USD) (b) (f) | 6.54% | 08/12/33 | 4122941 |
| 3865000 | Credit Suisse Group AG (USD) (b) (f) | 9.02% | 11/15/33 | 3927551 |
| 955000 | DNB Bank ASA (USD) (b) (f) | 0.86% | 09/30/25 | 876918 |
| 435000 | DNB Bank ASA (USD) (b) (f) | 1.61% | 03/30/28 | 370088 |
| 505000 | HSBC Holdings PLC (USD) (f) | 1.59% | 05/24/27 | 432933 |
| 3180000 | HSBC Holdings PLC (USD) (f) | 4.76% | 06/09/28 | 3017609 |
| 2660000 | HSBC Holdings PLC (USD) (f) | 2.01% | 09/22/28 | 2209357 |
| 1440000 | HSBC Holdings PLC (USD) (f) | 2.21% | 08/17/29 | 1164872 |
| 565000 | HSBC Holdings PLC (USD) (f) | 2.36% | 08/18/31 | 431847 |
| 1797000 | HSBC Holdings PLC (USD) (f) | 2.80% | 05/24/32 | 1397727 |
| 200000 | Lloyds Banking Group PLC (USD) | 3.90% | 03/12/24 | 196316 |
| 365000 | Lloyds Banking Group PLC (USD) (f) | 3.87% | 07/09/25 | 351521 |
| 760000 | Lloyds Banking Group PLC (USD) (f) | 3.57% | 11/07/28 | 678948 |
| 1575000 | Lloyds Banking Group PLC (USD) (f) | 4.98% | 08/11/33 | 1451538 |
| 565000 | Macquarie Group Ltd. (USD) (b) (f) | 1.34% | 01/12/27 | 488734 |
| 785000 | Macquarie Group Ltd. (USD) (b) (f) | 2.69% | 06/23/32 | 609397 |
| 1070000 | Macquarie Group Ltd. (USD) (b) (f) | 2.87% | 01/14/33 | 822536 |
| 1575000 | NatWest Group PLC (USD) (f) | 4.27% | 03/22/25 | 1533179 |
| 1420000 | Santander UK Group Holdings PLC (USD) (f) | 4.80% | 11/15/24 | 1393698 |
| 525000 | Santander UK Group Holdings PLC (USD) (f) | 1.09% | 03/15/25 | 487308 |
| 2390000 | Santander UK Group Holdings PLC (USD) (f) | 1.67% | 06/14/27 | 2028087 |
| 430000 | Santander UK Group Holdings PLC (USD) (f) | 2.47% | 01/11/28 | 366394 |
|  |  |  |  | 34685993 |
|  | **Beverages — 0.1%** |  |  |  |
| 505000 | Bacardi Ltd. (USD) (b) | 2.75% | 07/15/26 | 458687 |
| 670000 | Bacardi Ltd. (USD) (b) | 4.70% | 05/15/28 | 637960 |
| 1000000 | Becle SAB de CV (USD) (b) | 2.50% | 10/14/31 | 778695 |
|  |  |  |  | 1875342 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local<br> Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Biotechnology — 0.1%** |  |  |  |
| 1400000 | Grifols Escrow Issuer S.A. (USD) (b) | 4.75% | 10/15/28 | $1178016 |
|  | **Chemicals — 0.2%** |  |  |  |
| 700000 | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B B.V. (USD) (b) | 4.75% | 06/15/27 | 642734 |
| 1675000 | EverArc Escrow Sarl (USD) (b) | 5.00% | 10/30/29 | 1341952 |
| 275000 | Herens Holdco Sarl (USD) (b) | 4.75% | 05/15/28 | 220441 |
|  |  |  |  | 2205127 |
|  | **Commercial Services — 0.0%** |  |  |  |
| 200000 | DP World Crescent Ltd. (USD) (b) | 4.85% | 09/26/28 | 195365 |
|  | **Computers — 0.1%** |  |  |  |
| 600000 | Lenovo Group Ltd. (USD) (b) | 6.54% | 07/27/32 | 583991 |
|  | **Diversified Financial Services — 0.7%** |  |  |  |
| 55000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 4.13% | 07/03/23 | 54519 |
| 115000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 3.88% | 01/23/28 | 103755 |
| 1650000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 3.00% | 10/29/28 | 1395260 |
| 2720000 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust (USD) | 3.30% | 01/30/32 | 2169670 |
| 100000 | Avolon Holdings Funding Ltd. (USD) (b) | 3.95% | 07/01/24 | 95283 |
| 325000 | Avolon Holdings Funding Ltd. (USD) (b) | 2.88% | 02/15/25 | 298566 |
| 4645000 | Avolon Holdings Funding Ltd. (USD) (b) | 2.53% | 11/18/27 | 3759983 |
| 1250000 | ORIX Corp. (USD) | 5.20% | 09/13/32 | 1221381 |
| 82000 | Park Aerospace Holdings Ltd. (USD) (b) | 5.50% | 02/15/24 | 80826 |
|  |  |  |  | 9179243 |
|  | **Electric — 0.1%** |  |  |  |
| 500000 | Comision Federal de Electricidad (USD) (b) | 4.69% | 05/15/29 | 438356 |
| 250000 | Mong Duong Finance Holdings B.V. (USD) (r) | 5.13% | 05/07/29 | 213438 |
|  |  |  |  | 651794 |
|  | **Engineering & Construction — 0.0%** |  |  |  |
| 735000 | Heathrow Funding Ltd., Medium-Term Note (EUR) (r) | 1.88% | 03/14/34 | 567822 |
|  | **Environmental Control — 0.1%** |  |  |  |
| 1400000 | GFL Environmental, Inc. (USD) (b) | 4.00% | 08/01/28 | 1203125 |
|  | **Food — 0.3%** |  |  |  |
| 1700000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 3.75% | 12/01/31 | 1411136 |
| 650000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 5.75% | 04/01/33 | 631299 |
| 1285000 | JBS USA LUX S.A. / JBS USA Food Co. / JBS USA Finance, Inc. (USD) (b) | 6.50% | 12/01/52 | 1241663 |
|  |  |  |  | 3284098 |
|  | **Internet — 0.0%** |  |  |  |
| 200000 | Tencent Holdings Ltd. (USD) (b) | 3.68% | 04/22/41 | 146243 |
| 200000 | Tencent Holdings Ltd. (USD) (b) | 3.84% | 04/22/51 | 139071 |
|  |  |  |  | 285314 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local<br> Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Machinery-Diversified — 0.0%** |  |  |  |
| 222000 | Titan Acquisition Ltd. / Titan Co-Borrower LLC (USD) (b) | 7.75% | 04/15/26 | $197409 |
|  | **Media — 0.1%** |  |  |  |
| 1500000 | VZ Secured Financing B.V. (USD) (b) | 5.00% | 01/15/32 | 1243140 |
|  | **Mining — 0.1%** |  |  |  |
| 200000 | Freeport Indonesia PT (USD) (b) | 4.76% | 04/14/27 | 193200 |
| 1200000 | Indonesia Asahan Aluminium Persero PT (USD) (r) | 4.75% | 05/15/25 | 1175729 |
|  |  |  |  | 1368929 |
|  | **Miscellaneous Manufacturing — 0.1%** |  |  |  |
| 1843000 | GE Capital International Funding Co. Unlimited Co. (USD) | 4.42% | 11/15/35 | 1743002 |
| 40000 | Ingersoll-Rand Luxembourg Finance S.A. (USD) | 3.55% | 11/01/24 | 38915 |
|  |  |  |  | 1781917 |
|  | **Oil & Gas — 0.6%** |  |  |  |
| 250000 | Ecopetrol S.A. (USD) | 6.88% | 04/29/30 | 224299 |
| 1100000 | KazMunayGas National Co. JSC (USD) (r) | 5.38% | 04/24/30 | 989419 |
| 1100000 | Pertamina Persero PT (USD) (b) | 3.10% | 08/27/30 | 955197 |
| 449000 | Petroleos Mexicanos (USD) | 5.95% | 01/28/31 | 337115 |
| 105000 | Petroleos Mexicanos (USD) | 6.75% | 09/21/47 | 66842 |
| 170000 | Petroleos Mexicanos (USD) | 6.35% | 02/12/48 | 103769 |
| 110000 | Petroleos Mexicanos (USD) | 6.95% | 01/28/60 | 70563 |
| 2750000 | Petronas Capital Ltd. (USD) (b) | 3.50% | 04/21/30 | 2533162 |
| 1650000 | Qatar Energy (USD) (r) | 2.25% | 07/12/31 | 1377842 |
| 200000 | SA Global Sukuk Ltd. (USD) (r) | 1.60% | 06/17/26 | 179353 |
| 700000 | Saudi Arabian Oil Co. (USD) (r) | 1.63% | 11/24/25 | 639407 |
| 200000 | Saudi Arabian Oil Co. (USD) (b) | 2.25% | 11/24/30 | 165954 |
| 331625 | Transocean Poseidon Ltd. (USD) (b) | 6.88% | 02/01/27 | 322936 |
|  |  |  |  | 7965858 |
|  | **Oil & Gas Services — 0.1%** |  |  |  |
| 1026000 | Transocean Phoenix 2 Ltd. (USD) (b) | 7.75% | 10/15/24 | 1017038 |
| 276750 | Transocean Proteus Ltd. (USD) (b) | 6.25% | 12/01/24 | 271648 |
|  |  |  |  | 1288686 |
|  | **Packaging & Containers — 0.1%** |  |  |  |
| 2000000 | Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc. (USD) (b) | 5.20% | 08/15/27 | 1516300 |
|  | **Pharmaceuticals — 0.0%** |  |  |  |
| 365000 | Jazz Securities DAC (USD) (b) | 4.38% | 01/15/29 | 331612 |
|  | **Pipelines — 0.2%** |  |  |  |
| 2219184 | Galaxy Pipeline Assets Bidco Ltd. (USD) (b) | 2.16% | 03/31/34 | 1880020 |
| 400000 | KazTransGas JSC (USD) (r) | 4.38% | 09/26/27 | 357884 |
|  |  |  |  | 2237904 |
|  | **Real Estate — 0.0%** |  |  |  |
| 605000 | China Aoyuan Group Ltd. (USD) (r) | 6.35% | 02/08/24 | 32304 |
| 200000 | China SCE Group Holdings Ltd. (USD) (r) | 7.00% | 05/02/25 | 45375 |
| 400000 | Sunac China Holdings Ltd. (USD) (r) | 6.50% | 01/10/25 | 46623 |
| 200000 | Times China Holdings Ltd. (USD) (r) | 6.75% | 07/08/25 | 18815 |
| 300000 | Vonovia SE (EUR) (r) | 1.50% | 06/14/41 | 195590 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local<br> Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Real Estate (Continued)** |  |  |  |  |
| 415000 | Zhenro Properties Group Ltd. (USD) (j) (r) | 6.63% | 01/07/26 | $| 14595 |
|  |  |  |  |  | 353302 |
|  | **Real Estate Investment Trusts — 0.0%** |  |  |  |  |
| 510000 | CapitaLand Ascendas REIT, Medium-Term Note (EUR) (r) | 0.75% | 06/23/28 |  | 425598 |
|  | **Retail — 0.0%** |  |  |  |  |
| 510000 | Alimentation Couche-Tard, Inc. (USD) (b) | 3.55% | 07/26/27 |  | 470705 |
|  | **Savings & Loans — 0.2%** |  |  |  |  |
| 135000 | Nationwide Building Society (USD) (b) (f) | 3.77% | 03/08/24 |  | 133930 |
| 1165000 | Nationwide Building Society (USD) (b) (f) | 4.36% | 08/01/24 |  | 1148223 |
| 1520000 | Nationwide Building Society (USD) (b) (f) | 2.97% | 02/16/28 |  | 1332864 |
|  |  |  |  |  | 2615017 |
|  | **Software — 0.1%** |  |  |  |  |
| 625000 | Open Text Corp. (USD) (b) (m) | 6.90% | 12/01/27 |  | 626538 |
|  | **Telecommunications — 0.4%** |  |  |  |  |
| 200000 | C&W Senior Financing DAC (USD) (b) | 6.88% | 09/15/27 |  | 178500 |
| 1500000 | Global Switch Finance B.V. (EUR) (r) | 1.38% | 10/07/30 |  | 1335983 |
| 600000 | Intelsat Jackson Holdings S.A. (USD) (j) | 5.50% | 08/01/23 |  | 5160 |
| 750000 | Intelsat Jackson Holdings S.A. (USD) (b) (j) | 8.50% | 10/15/24 |  | 5625 |
| 303000 | Intelsat Jackson Holdings S.A. (USD) (b) (j) | 9.75% | 07/15/25 |  | 2606 |
| 1929000 | Intelsat Jackson Holdings S.A. (USD) (b) (j) | 6.50% | 03/15/30 |  | 1779502 |
| 200000 | SES S.A. (USD) (b) | 3.60% | 04/04/23 |  | 198155 |
| 1235000 | Vmed O2 UK Financing I PLC (USD) (b) | 4.25% | 01/31/31 |  | 992965 |
| 895000 | Vodafone Group PLC (USD) | 5.25% | 05/30/48 |  | 805118 |
| 113000 | Vodafone Group PLC (USD) | 4.88% | 06/19/49 |  | 96584 |
| 580000 | Vodafone Group PLC (USD) | 4.25% | 09/17/50 |  | 458931 |
|  |  |  |  |  | 5859129 |
|  | **Total Foreign Corporate Bonds and Notes** |  |  |  | 85378760 |
|  | (Cost $95,434,299) |  |  |  |  |
| **FOREIGN SOVEREIGN BONDS — 4.3%** | **FOREIGN SOVEREIGN BONDS — 4.3%** | **FOREIGN SOVEREIGN BONDS — 4.3%** | **FOREIGN SOVEREIGN BONDS — 4.3%** | **FOREIGN SOVEREIGN BONDS — 4.3%** | **FOREIGN SOVEREIGN BONDS — 4.3%** |
|  | **Brazil — 0.3%** |  |  |  |  |
| 1650000 | Brazilian Government International Bond (USD) | 2.88% | 06/06/25 |  | 1558458 |
| 1200000 | Brazilian Government International Bond (USD) | 4.63% | 01/13/28 |  | 1151839 |
| 1350000 | Brazilian Government International Bond (USD) | 3.88% | 06/12/30 |  | 1180883 |
|  |  |  |  |  | 3891180 |
|  | **Chile — 0.3%** |  |  |  |  |
| 1137000 | Chile Government International Bond (USD) | 3.24% | 02/06/28 |  | 1064941 |
| 200000 | Chile Government International Bond (USD) | 2.45% | 01/31/31 |  | 169327 |
| 2852000 | Chile Government International Bond (USD) | 2.55% | 01/27/32 |  | 2389795 |
|  |  |  |  |  | 3624063 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local<br> Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** |
|  | **Colombia — 0.3%** |  |  |  |
| 2250000 | Colombia Government International Bond (USD) | 4.50% | 01/28/26 | $2093680 |
| 2250000 | Colombia Government International Bond (USD) | 3.00% | 01/30/30 | 1698607 |
| 400000 | Colombia Government International Bond (USD) | 3.13% | 04/15/31 | 293296 |
| 200000 | Colombia Government International Bond (USD) (m) | 8.00% | 04/20/33 | 197955 |
|  |  |  |  | 4283538 |
|  | **Dominican Republic — 0.2%** |  |  |  |
| 2850000 | Dominican Republic International Bond (USD) (b) | 4.50% | 01/30/30 | 2427214 |
| 200000 | Dominican Republic International Bond (USD) (r) | 4.88% | 09/23/32 | 165836 |
|  |  |  |  | 2593050 |
|  | **Egypt — 0.0%** |  |  |  |
| 400000 | Egypt Government International Bond (USD) (b) | 5.25% | 10/06/25 | 357963 |
| 200000 | Egypt Government International Bond (USD) (r) | 5.25% | 10/06/25 | 178981 |
|  |  |  |  | 536944 |
|  | **Guatemala — 0.2%** |  |  |  |
| 700000 | Guatemala Government Bond (USD) (r) | 4.90% | 06/01/30 | 662175 |
| 1717000 | Guatemala Government Bond (USD) (r) | 3.70% | 10/07/33 | 1412233 |
|  |  |  |  | 2074408 |
|  | **Hungary — 0.2%** |  |  |  |
| 2700000 | Hungary Government International Bond (USD) (b) | 2.13% | 09/22/31 | 2030284 |
|  | **Indonesia — 0.3%** |  |  |  |
| 800000 | Indonesia Government International Bond (USD) | 2.85% | 02/14/30 | 719994 |
| 3050000 | Perusahaan Penerbit SBSN Indonesia III (USD) (b) | 2.80% | 06/23/30 | 2694583 |
|  |  |  |  | 3414577 |
|  | **Mexico — 0.4%** |  |  |  |
| 3150000 | Mexico Government International Bond (USD) | 3.75% | 01/11/28 | 2998517 |
| 1960000 | Mexico Government International Bond (USD) | 2.66% | 05/24/31 | 1625136 |
| 600000 | Mexico Government International Bond (USD) | 4.88% | 05/19/33 | 564745 |
|  |  |  |  | 5188398 |
|  | **Oman — 0.2%** |  |  |  |
| 600000 | Oman Government International Bond (USD) (r) | 6.75% | 10/28/27 | 621067 |
| 1450000 | Oman Government International Bond (USD) (r) | 5.63% | 01/17/28 | 1423927 |
|  |  |  |  | 2044994 |
|  | **Panama — 0.3%** |  |  |  |
| 3200000 | Panama Government International Bond (USD) | 3.16% | 01/23/30 | 2781131 |
| 1903000 | Panama Government International Bond (USD) | 2.25% | 09/29/32 | 1436765 |
|  |  |  |  | 4217896 |
|  | **Paraguay — 0.3%** |  |  |  |
| 1800000 | Paraguay Government International Bond (USD) (b) | 4.95% | 04/28/31 | 1739250 |
| 2600000 | Paraguay Government International Bond (USD) (b) | 2.74% | 01/29/33 | 2080650 |
|  |  |  |  | 3819900 |
|  | **Peru — 0.2%** |  |  |  |
| 950000 | Peruvian Government International Bond (USD) | 4.13% | 08/25/27 | 922531 |
| 1203000 | Peruvian Government International Bond (USD) | 2.84% | 06/20/30 | 1031350 |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local<br> Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** | **FOREIGN SOVEREIGN BONDS (Continued)** |
|  | **Peru (Continued)** |  |  |  |
| 700000 | Peruvian Government International Bond (USD) | 2.78% | 01/23/31 | $588059 |
| 550000 | Peruvian Government International Bond (USD) | 1.86% | 12/01/32 | 410055 |
|  |  |  |  | 2951995 |
|  | **Philippines — 0.2%** |  |  |  |
| 3300000 | Philippine Government International Bond (USD) | 2.46% | 05/05/30 | 2857783 |
| 300000 | Philippine Government International Bond (USD) | 1.95% | 01/06/32 | 244772 |
|  |  |  |  | 3102555 |
|  | **Poland — 0.0%** |  |  |  |
| 289000 | Republic of Poland Government International Bond (USD) | 5.75% | 11/16/32 | 305397 |
|  | **Qatar — 0.2%** |  |  |  |
| 2302000 | Qatar Government International Bond (USD) (r) | 4.50% | 04/23/28 | 2318183 |
| 250000 | Qatar Government International Bond (USD) (r) | 3.75% | 04/16/30 | 240863 |
|  |  |  |  | 2559046 |
|  | **Romania — 0.1%** |  |  |  |
| 2350000 | Romanian Government International Bond (USD) (r) | 3.00% | 02/14/31 | 1882961 |
|  | **Saudi Arabia — 0.1%** |  |  |  |
| 1900000 | Saudi Government International Bond (USD) (r) | 3.63% | 03/04/28 | 1811918 |
| 200000 | Saudi Government International Bond (USD) (r) | 3.25% | 10/22/30 | 182824 |
|  |  |  |  | 1994742 |
|  | **South Africa — 0.2%** |  |  |  |
| 2358000 | Republic of South Africa Government International Bond (USD) | 4.30% | 10/12/28 | 2144660 |
| 620000 | Republic of South Africa Government International Bond (USD) | 4.85% | 09/30/29 | 563845 |
| 400000 | Republic of South Africa Government International Bond (USD) | 5.88% | 04/20/32 | 371225 |
|  |  |  |  | 3079730 |
|  | **United Arab Emirates — 0.2%** |  |  |  |
| 2000000 | Abu Dhabi Government International Bond (USD) (r) | 2.50% | 09/30/29 | 1802154 |
| 350000 | Abu Dhabi Government International Bond (USD) (r) | 3.13% | 04/16/30 | 325818 |
|  |  |  |  | 2127972 |
|  | **Uruguay — 0.1%** |  |  |  |
| 500000 | Uruguay Government International Bond (USD) | 4.38% | 10/27/27 | 505878 |
| 1100000 | Uruguay Government International Bond (USD) | 4.38% | 01/23/31 | 1101217 |
|  |  |  |  | 1607095 |
|  | **Total Foreign Sovereign Bonds** |  |  | 57330725 |
|  | (Cost $62,134,651) |  |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Maturity** | **Value** |
| **U.S. GOVERNMENT BONDS AND NOTES — 1.8%** | **U.S. GOVERNMENT BONDS AND NOTES — 1.8%** | **U.S. GOVERNMENT BONDS AND NOTES — 1.8%** | **U.S. GOVERNMENT BONDS AND NOTES — 1.8%** |
| $25000000 | Federal Home Loan Bank Discount Notes (h) | 04/13/23 | 24583712 |
|  | (Cost $24,641,766) |  |  |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **U.S. GOVERNMENT AGENCY SECURITIES — 0.2%** | **U.S. GOVERNMENT AGENCY SECURITIES — 0.2%** | **U.S. GOVERNMENT AGENCY SECURITIES — 0.2%** | **U.S. GOVERNMENT AGENCY SECURITIES — 0.2%** | **U.S. GOVERNMENT AGENCY SECURITIES — 0.2%** |
| $2515000 | Federal Home Loan Banks | 1.61% | 09/04/24 | $2387732 |
|  | (Cost $2,515,000) |  |  |  |
| **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** | **MUNICIPAL BONDS — 0.1%** |
|  | **California — 0.1%** |  |  |  |
| 1010000 | Los Angeles CA Unif Sch Dist Build America Bonds | 5.75% | 07/01/34 | 1070161 |
| 75000 | Univ of CA Rev Txbl Gen Ref, Ser AJ | 4.60% | 05/15/31 | 73634 |
|  |  |  |  | 1143795 |
|  | **Colorado — 0.0%** |  |  |  |
| 220000 | City & Cnty of Denver Cnty Arpt Rev | 2.24% | 11/15/30 | 180955 |
|  | **New York — 0.0%** |  |  |  |
| 50000 | Metro Transprtn Auth NY Rev Txbl Green Bond, Ser C2 | 5.18% | 11/15/49 | 45657 |
|  | **Total Municipal Bonds** |  |  | 1370407 |
|  | (Cost $1,587,488) |  |  |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 0.0%** | **COMMON STOCKS — 0.0%** | **COMMON STOCKS — 0.0%** |
|  | **Telecommunications — 0.0%** |  |
| 15736 | Intelsat Jackson Emergence S.A. (k) (n) (o) (s) | 0 |
|  | (Cost $527,164) |  |
| **RIGHTS — 0.0%** | **RIGHTS — 0.0%** | **RIGHTS — 0.0%** |
|  | **Telecommunications — 0.0%** |  |
| 1648 | Intelsat Jackson Holdings S.A., Series A (k) (n) (o) (s) | 0 |
| 1648 | Intelsat Jackson Holdings S.A., Series B (k) (n) (o) (s) | 0 |
|  | **Total Rights** | 0 |
|  | (Cost $0) |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Maturity** | **Value** |
| **U.S. TREASURY BILLS — 11.9%** | **U.S. TREASURY BILLS — 11.9%** | **U.S. TREASURY BILLS — 11.9%** | **U.S. TREASURY BILLS — 11.9%** |
| $6095000 | U.S. Treasury Bill (h) | 12/01/22 | 6095000 |
| 14545000 | U.S. Treasury Bill (h) | 01/05/23 | 14491278 |
| 17895000 | U.S. Treasury Bill (h) | 01/12/23 | 17813682 |
| 47310000 | U.S. Treasury Bill (h) | 01/19/23 | 47058702 |
| 13120000 | U.S. Treasury Bill (h) | 01/26/23 | 13037344 |
| 60000000 | U.S. Treasury Bill (h) | 03/09/23 | 59308147 |
|  | **Total U.S. Treasury Bills** |  | 157804153 |
|  | (Cost $158,022,607) |  |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 6.0%** | **MONEY MARKET FUNDS — 6.0%** | **MONEY MARKET FUNDS — 6.0%** |
| 78856175 | JPMorgan 100% U.S. Treasury Securities Money Market Fund - Institutional Class - 3.51% (t) | 78856175 |
|  | (Cost $78,856,175) |  |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | |
|:---|:---|
| **Description** | **Value** |
| **Total Investments — 114.0%** | $1510666630 |
| (Cost $1,601,974,360) |  |
| **Net Other Assets and Liabilities — (14.0)%** | (186088133 |
| **Net Assets — 100.0%** | $1324578497 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** |
| **Settlement Date** | **Counterparty** | **Amount<br> Purchased** | **Amount<br> Purchased** | **Amount Sold** | **Amount Sold** | **Purchase<br> Value as of<br> 11/30/2022** | **Sale<br> Value as of<br> 11/30/2022** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 01/13/2023 | BOFA | USD | 2868105 | EUR | 2897000 | $2868105 | $3026077 | $(157972) |
| Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: | Counterparty Abbreviations: |
| BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. | BOFA - Bank of America N.A. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** |
| **Futures Contracts** | **Position** | **Number of Contracts** | **Expiration Date** | **Notional<br> Value** | **Unrealized<br> Appreciation<br> (Depreciation)/<br> Value** |
| U.S. 2-Year Treasury Notes | Long | 775 | Mar-2023 | $159153516 | $403373 |
| U.S. 5-Year Treasury Notes | Long | 1800 | Mar-2023 | 195426563 | 1026657 |
| Euro-Bund Future | Short | 13 | Dec-2022 | (1905804) | 18847 |
| Ultra 10-Year U.S. Treasury Notes | Short | 1382 | Mar-2023 | (165364937) | (1460164) |
| Ultra U.S. Treasury Bond Futures | Short | 411 | Mar-2023 | (56011594) | (924560) |
|  |  |  |  | $131297744 | $(935847) |

---

**Interest Rate Swap Agreements at November 30, 2022:**

---

| | | | |
|:---|:---|:---|:---|
| **Counterparty** | **Expiration <br> Date** | **Notional<br> Value** | **Unrealized<br> Appreciation<br> (Depreciation)/<br> Value** |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(1)</sup> | 07/24/2025 | $122900001.026%<sup>(1)</sup> | $(703174) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(1)</sup> | 07/24/2025 | 90800001.034%<sup>(1)</sup> | (518175) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(1)</sup> | 07/24/2025 | 61450001.073%<sup>(1)</sup> | (346266) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(2)</sup> | 09/28/2025 | 207850001.390%<sup>(2)</sup> | (975446) |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(3)</sup> | 07/24/2053 | 10300001.773%<sup>(3)</sup> | 294467 |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(3)</sup> | 07/24/2053 | 7550001.785%<sup>(3)</sup> | 214094 |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(3)</sup> | 07/24/2053 | 5150001.808%<sup>(3)</sup> | 143886 |
| Citibank, Global Markets, Inc. 3 month LIBOR<sup>(4)</sup> | 09/28/2053 | 17750001.870%<sup>(4)</sup> | 465360 |
| JPMorgan Chase and Co. SOFR<sup>(5)</sup> | 06/10/2024 | 548100001.950%<sup>(5)</sup> | (2170701) |
|  |  | $107185000 | $(3595955) |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

<sup>(1)</sup> The Fund pays the floating rate and receives the fixed rate. The floating rate is not effective until 07/24/2023 and no interest is being accrued until that date.

<sup>(2)</sup> The Fund pays the floating rate and receives the fixed rate. The floating rate is not effective until 09/28/2023 and no interest is being accrued until that date.

<sup>(3)</sup> The Fund pays the fixed rate and receives the floating rate. The floating rate is not effective until 07/24/2023 and no interest is being accrued until that date.

<sup>(4)</sup> The Fund pays the fixed rate and receives the floating rate. The floating rate is not effective until 09/28/2023 and no interest is being accrued until that date.

<sup>(5)</sup> The Fund pays the floating rate and receives the fixed rate. The floating rate is not effective until 06/14/2023 and no interest is being accrued until that date.

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

(b) 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 (the "1933 Act"), 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 "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 November 30, 2022, securities noted as such amounted to $515,100,107 or 38.9% of net assets.

(c) Step-up security. A security where the coupon increases or steps up at a predetermined date. The coupon rate is determined based on the underlying investments. The coupon rate resets periodically.

(d) Floating or variable rate security.

(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.

(f) Fixed-to-floating or fixed-to-variable rate security. The interest rate shown reflects the fixed rate in effect at November 30, 2022. At a predetermined date, the fixed rate will change to a floating rate or a variable rate.

(g) Perpetual maturity.

(h) Zero coupon security.

(i) This issuer has filed for protection in bankruptcy court.

(j) This issuer is in default.

(k) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by the advisor.

(l) This security, sold within the terms of a private placement memorandum, is exempt from registration upon resale under Rule 144A under the 1933 Act, and may be resold in transactions exempt from registration, normally to qualified institutional buyers (see Restricted Securities table).

(m) When-issued security. The interest rate shown reflects the rate in effect at November 30, 2022. Interest will begin accruing on the security's first settlement date.

(n) This security's value was determined using significant unobservable inputs (see Valuation Inputs section).

(o) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At November 30, 2022, securities noted as such are valued at $562,391 or 0.0% of net assets.

(p) Inverse floating rate security.

(q) All or a portion of this security is part of a mortgage dollar roll agreement.

(r) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

(s) Non-income producing security.

(t) Rate shown reflects yield as of November 30, 2022.

---

| | |
|:---|:---|
| CME | Chicago Mercantile Exchange |
| IO | Interest-Only Security - Principal amount shown represents par value on which interest payments are based |
| LIBOR | London Interbank Offered Rate |
| SOFR | Secured Overnight Financing Rate |
| TBA | To-Be-Announced Security |

---

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | |
|:---|:---|
| Currency Abbreviations: | Currency Abbreviations: |
| EUR | Euro |
| USD | United States Dollar |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |  |
| Mortgage-Backed Securities | $327218797 | $— | $327218797 | $— |  |
| Corporate Bonds and Notes\* | 291220096 |  | 291220096 |  |  |
| Asset-Backed Securities | 246049552 |  | 245487161 | 562391 |  |
| U.S. Government Agency Mortgage-Backed Securities | 238466521 |  | 238466521 |  |  |
| Foreign Corporate Bonds and Notes\* | 85378760 |  | 85378760 |  |  |
| Foreign Sovereign Bonds and Notes\*\* | 57330725 |  | 57330725 |  |  |
| U.S. Government Bonds and Notes | 24583712 |  | 24583712 |  |  |
| U.S. Government Agency Securities | 2387732 |  | 2387732 |  |  |
| Municipal Bonds\*\*\* | 1370407 |  | 1370407 |  |  |
| Common Stocks\* |  |  |  |  | \*\*\*\* |
| Rights\* |  |  |  |  | \*\*\*\* |
| U.S. Treasury Bills | 157804153 |  | 157804153 |  |  |
| Money Market Funds | 78856175 | 78856175 |  |  |  |
| Total Investments | 1510666630 | 78856175 | 1431248064 | 562391 |  |
| Futures Contracts | 1448877 | 1448877 |  |  |  |
| Interest Rate Swap Agreements | 1117807 |  | 1117807 |  |  |
| Total | $1513233314 | $80305052 | $1432365871 | $562391 |  |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |  |
| Forward Foreign Currency Contract | $(157972) | $— | $(157972) | $— |  |
| Futures Contracts | (2384724) | (2384724) |  |  |  |
| Interest Rate Swap Agreements | (4713762 |  | (4713762) |  |  |
| Total | $(7256458 | $(2384724) | $(4871734) | $— |  |

---

---

| | |
|:---|:---|
| \* | See Portfolio of Investments for industry breakout. |
| \*\* | See Portfolio of Investments for country breakout. |
| \*\*\* | See Portfolio of Investments for state breakout. |
| \*\*\*\* | Investment is valued at $0. |

---

Level 3 Investments that are fair valued by the Advisor's Pricing Committee are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

---

| |
|:---|
| **First Trust TCW Unconstrained Plus Bond ETF (UCON)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Restricted Securities** | **Restricted Securities** | **Restricted Securities** | **Restricted Securities** | **Restricted Securities** | **Restricted Securities** |  |
| As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. | As of November 30, 2022, the Fund held restricted securities as shown in the following table that the Advisor deemed illiquid. |
| **Security** | **Acquisition**<br> **Date** | **Principal**<br> **Value**  | **Current**<br> **Price**  | **Carrying**<br> **Cost** | **Value** | **% of Net**<br> **Assets** |
| Ruby Pipeline LLC, 8.00%, 04/01/22 | 07/25/18, <br>04/01/21, <br>08/02/21 | $598788 | $97.50 | $540665 | $583818 | 0.04% |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 76.8%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 76.8%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 76.8%** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 76.8%** | |
| | **Collateralized Mortgage Obligations — 2.5%** | **Collateralized Mortgage Obligations — 2.5%** | **Collateralized Mortgage Obligations — 2.5%** | |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| $27571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-3071, Class TF, 1 Mo. LIBOR + 0.30% (a) | 4.17% | 04/15/35 | $27471 |
| 49675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2010-3778, Class L | 3.50% | 12/15/25 | 48627 |
| 102136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-360, Class 250 | 2.50% | 11/15/47 | 93244 |
| 47375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-4993, Class OP, PO | (b) | 10/25/58 | 40280 |
| 925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-5210, Class LB | 3.00% | 08/25/50 | 708846 |
|  | Federal Home Loan Mortgage Corporation STACR REMIC Trust |  |  |  |
| 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-HQA1, Class M2, 30 Day Average SOFR + 2.25% (a) (c) | 5.77% | 08/25/33 | 644895 |
| 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-DNA1, Class M1B, 30 Day Average SOFR + 1.85% (a) (c) | 5.37% | 01/25/42 | 1007674 |
|  | Federal National Mortgage Association |  |  |  |
| 117794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-56, Class FE, 1 Mo. LIBOR + 0.43% (a) | 4.45% | 07/25/36 | 116537 |
| 93360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-47, Class GF, 1 Mo. LIBOR + 0.57% (a) | 4.59% | 06/25/41 | 92655 |
| 115174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-50, Class BA | 3.00% | 07/25/48 | 105066 |
| 5028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-86, Class JA | 4.00% | 05/25/47 | 4876 |
| 81179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-67, Class FE, 1 Mo. LIBOR + 0.45% (a) | 4.47% | 11/25/49 | 79070 |
|  |  |  |  | 2969241 |
|  | **Commercial Mortgage-Backed Securities — 0.1%** |  |  |  |
|  | Federal Home Loan Mortgage Corporation Multifamily Structured Pass-Through Certificates |  |  |  |
| 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-K732, Class X3, IO (d) | 2.24% | 05/25/46 | 50790 |
|  | FREMF Mortgage Trust |  |  |  |
| 21686166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-K726, Class X2B, IO (c) | 0.10% | 07/25/49 | 28190 |
|  |  |  |  | 78980 |
|  | **Pass-through Securities — 74.2%** |  |  |  |
|  | Federal Home Loan Mortgage Corporation |  |  |  |
| 52715 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08681 | 3.50% | 12/01/45 | 49467 |
| 27302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G08792 | 3.50% | 12/01/47 | 25552 |
| 99481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G60659 | 3.50% | 08/01/46 | 93312 |
| 118430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G61748 | 3.50% | 11/01/48 | 110852 |
| 135569 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67706 | 3.50% | 12/01/47 | 127008 |
| 172516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool G67710 | 3.50% | 03/01/48 | 160925 |
| 1941048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool QD1841 | 2.00% | 11/01/51 | 1604345 |
| 1552632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool QD7088 | 2.00% | 02/01/52 | 1282794 |
| 1862308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool RA5855 | 2.50% | 09/01/51 | 1599820 |
| 419147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool RA6528 | 2.50% | 02/01/52 | 359907 |
| 116900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD0499 | 3.00% | 08/01/50 | 105127 |
| 1061261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD0956 | 2.50% | 04/01/52 | 911264 |
| 2058712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD1011 | 2.50% | 04/01/52 | 1769224 |
| 60529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD7502 | 3.50% | 07/01/49 | 56327 |
| 123980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD7511 | 3.50% | 01/01/50 | 115186 |
| 76916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD7513 | 3.50% | 04/01/50 | 71803 |
| 970384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD8194 | 2.50% | 02/01/52 | 832571 |
| 1019975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool SD8212 | 2.50% | 05/01/52 | 874378 |
| 77078 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool ZM1779 | 3.00% | 09/01/46 | 69986 |
|  | Federal National Mortgage Association |  |  |  |
| 28191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BE3619 | 4.00% | 05/01/47 | 27363 |
| 1525481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BQ6913 | 2.00% | 12/01/51 | 1260867 |
| 2775744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BQ7056 | 2.00% | 01/01/52 | 2293835 |
| 631189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BT6597 | 2.00% | 02/01/52 | 521608 |
| 726263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BU9074 | 2.00% | 01/01/52 | 602100 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** | **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)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** | **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Continued)** |
|  |  | **Pass-through Securities (Continued)** |  |  |  |  |
|  |  | Federal National Mortgage Association (Continued) |  |  |  |  |
| $| 755629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BV7761 | 2.50% | 03/01/52 | $| 649614 |
|  | 1403830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BV8463 | 2.50% | 04/01/52 |  | 1204947 |
|  | 1024900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BV8464 | 3.00% | 04/01/52 |  | 919425 |
|  | 1447718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BV8477 | 3.00% | 05/01/52 |  | 1284607 |
|  | 1437674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool BV8515 | 3.00% | 05/01/52 |  | 1274766 |
|  | 52867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA0995 | 3.50% | 01/01/48 |  | 49426 |
|  | 584278 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CA5689 | 3.00% | 05/01/50 |  | 525867 |
|  | 980683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CB2852 | 2.00% | 11/01/51 |  | 810876 |
|  | 2507246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool CB3151 | 2.00% | 03/01/52 |  | 2071357 |
|  | 68208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool FM2870 | 3.00% | 03/01/50 |  | 61077 |
|  | 1465678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool FS0139 | 2.50% | 01/01/52 |  | 1262680 |
|  | 1115139 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool FS1598 | 2.00% | 04/01/52 |  | 921266 |
|  | 63530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4093 | 2.00% | 08/01/40 |  | 54834 |
|  | 92858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4152 | 2.00% | 10/01/40 |  | 80146 |
|  | 142453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4176 | 2.00% | 11/01/40 |  | 122952 |
|  | 150254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4204 | 2.00% | 12/01/40 |  | 129685 |
|  | 192849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4333 | 2.00% | 05/01/41 |  | 166446 |
|  | 1175624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4387 | 2.00% | 07/01/41 |  | 1005930 |
|  | 2133580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4437 | 2.00% | 10/01/51 |  | 1764326 |
|  | 1148666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4438 | 2.50% | 10/01/51 |  | 986581 |
|  | 1034860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4512 | 2.50% | 01/01/52 |  | 888973 |
|  | 2896676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4547 | 2.00% | 02/01/52 |  | 2393539 |
|  | 1019616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4548 | 2.50% | 02/01/52 |  | 874036 |
|  | 1855458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4579 | 3.00% | 04/01/52 |  | 1646340 |
|  | 3075000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 3.00% | 12/15/52 |  | 2722662 |
|  | 2200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 3.50% | 12/15/52 |  | 2014375 |
|  | 1900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 4.00% | 12/15/52 |  | 1797207 |
|  | 6650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 4.50% | 12/15/52 |  | 6474398 |
|  | 5300000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 5.00% | 12/15/52 |  | 5275156 |
|  | 17525000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 2.00% | 01/15/53 |  | 14456756 |
|  | 13550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 2.50% | 01/15/53 |  | 11609068 |
|  |  | Government National Mortgage Association |  |  |  |  |
|  | 46885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA3873 | 3.00% | 08/20/46 |  | 43058 |
|  | 58578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4382 | 3.50% | 04/20/47 |  | 55059 |
|  | 43860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4778 | 3.50% | 10/20/47 |  | 41338 |
|  | 30676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool MA4779 | 4.00% | 10/20/47 |  | 29750 |
|  | 8875000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool TBA (e) | 2.50% | 12/15/52 |  | 7803066 |
|  |  |  |  |  |  | 88397210 |
|  |  | **Total U.S. Government Agency Mortgage-Backed Securities** |  |  |  | 91445431 |
|  |  | (Cost $93,541,395) |  |  |  |  |
| **MORTGAGE-BACKED SECURITIES — 35.4%** | **MORTGAGE-BACKED SECURITIES — 35.4%** | **MORTGAGE-BACKED SECURITIES — 35.4%** | **MORTGAGE-BACKED SECURITIES — 35.4%** | **MORTGAGE-BACKED SECURITIES — 35.4%** | **MORTGAGE-BACKED SECURITIES — 35.4%** | **MORTGAGE-BACKED SECURITIES — 35.4%** |
|  |  | **Collateralized Mortgage Obligations — 23.6%** |  |  |  |  |
|  |  | Alternative Loan Trust |  |  |  |  |
|  | 216172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-16, Class A4, 1 Mo. LIBOR + 0.48% (a) | 4.52% | 06/25/35 |  | 180569 |
|  | 134339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-5CB, Class 1A11 | 6.00% | 04/25/37 |  | 79106 |
|  | 117052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-15CB, Class A5 | 5.75% | 07/25/37 |  | 72969 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | Alternative Loan Trust (Continued) |  |  |  |
| $341931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HY8C, Class A1, 1 Mo. LIBOR + 0.32% (a) | 4.36% | 09/25/47 | $293171 |
| 155575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OA7, Class A1A, 1 Mo. LIBOR + 0.36% (a) | 4.40% | 05/25/47 | 130228 |
|  | American Home Mortgage Assets Trust |  |  |  |
| 328483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 1A1, 1 Mo. LIBOR + 0.21% (a) | 4.25% | 05/25/46 | 276349 |
| 107374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-3, Class 1A1, 12 Mo. Treasury Average + 0.97% (a) | 2.66% | 10/25/46 | 88954 |
|  | Banc of America Funding Trust |  |  |  |
| 124272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-C, Class 7A1, 1 Mo. LIBOR + 0.42% (a) | 4.36% | 05/20/47 | 108352 |
|  | BCAP LLC Trust |  |  |  |
| 90177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AA2, Class A1, 1 Mo. LIBOR + 0.34% (a) | 4.38% | 01/25/37 | 75641 |
|  | Bear Stearns ALT-A Trust |  |  |  |
| 524839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class M2, 1 Mo. LIBOR + 1.13% (a) | 5.17% | 01/25/35 | 520482 |
| 696008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class 21A2 (d) | 3.45% | 02/25/36 | 527537 |
|  | Bear Stearns ARM Trust |  |  |  |
| 170324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class 2A1 (d) | 3.32% | 03/25/35 | 157184 |
|  | CHL Mortgage Pass-Through Trust |  |  |  |
| 203581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-25, Class 2A1, 1 Mo. LIBOR + 0.68% (a) | 4.72% | 02/25/35 | 168435 |
| 101378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-20, Class A1 | 6.50% | 01/25/38 | 49389 |
|  | CIM Trust |  |  |  |
| 387411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NR2, Class A1, steps up to 5.57% on 03/25/24 (c) (f) | 2.57% | 07/25/59 | 354752 |
| 91275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NR3, Class A1, Steps-up to 5.57% on 04/25/24 (c) (f) | 2.57% | 06/25/57 | 85512 |
| 234150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R3, Class A1A (c) | 1.95% | 06/25/57 | 205962 |
|  | Citigroup Mortgage Loan Trust |  |  |  |
| 258457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2009-10, Class 2A2 (c) | 7.00% | 12/25/35 | 192534 |
|  | Connecticut Avenue Securities Trust |  |  |  |
| 500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R03, Class 1B2, 30 Day Average SOFR + 5.50% (a) (c) | 9.02% | 12/25/41 | 426186 |
| 750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-R03, Class 1M2, 30 Day Average SOFR + 1.65% (a) (c) | 5.17% | 12/25/41 | 693630 |
|  | Credit Suisse Mortgage Trust |  |  |  |
| 536350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-8R, Class 3A2 (c) (d) | 4.14% | 02/27/36 | 512386 |
| 287134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-RPL2, Class A12 (c) | 3.45% | 02/25/60 | 282563 |
| 745768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RP11, Class PT (c) | 3.77% | 10/25/61 | 570034 |
| 486624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RPL4, Class A1 (c) | 1.80% | 12/27/60 | 443190 |
|  | CSMCM Trust |  |  |  |
| 26955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RPL11, Class CERT (c) | 3.78% | 10/27/61 | 20829 |
|  | Deutsche Alt-A Securities Mortgage Loan Trust |  |  |  |
| 194377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-3, Class 2A1, 1 Mo. LIBOR + 0.75% (a) | 4.77% | 10/25/47 | 153636 |
|  | GreenPoint Mortgage Funding Trust |  |  |  |
| 156246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR4, Class G41B, 1 Mo. LIBOR + 0.20% (a) | 4.24% | 10/25/45 | 138186 |
|  | GreenPoint MTA Trust |  |  |  |
| 302738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR1, Class A2, 1 Mo. LIBOR + 0.44% (a) | 4.48% | 06/25/45 | 275013 |
| 27355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR3, Class 1A1, 1 Mo. LIBOR + 0.48% (a) | 4.52% | 08/25/45 | 20637 |
|  | GSR Mortgage Loan Trust |  |  |  |
| 230538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OA1, Class 2A2, 1 Mo. LIBOR + 0.52% (a) | 4.56% | 08/25/46 | 61519 |
|  | Impac CMB Trust |  |  |  |
| 204454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-A, Class A, 1 Mo. LIBOR + 0.50% (a) (c) | 4.54% | 05/25/37 | 189905 |
|  | IndyMac IMSC Mortgage Loan Trust |  |  |  |
| 994129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-F2, Class 1A4 | 6.00% | 07/25/37 | 740585 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | IndyMac INDX Mortgage Loan Trust |  |  |  |
| $139497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR29, Class A1 (d) | 3.31% | 01/25/36 | $117139 |
| 68285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class 2A1A (d) | 3.07% | 03/25/36 | 47862 |
| 60483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR9, Class 3A2, 1 Mo. LIBOR + 0.35% (a) | 4.39% | 06/25/36 | 47209 |
| 572182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR13, Class A3 (d) | 3.33% | 07/25/36 | 428537 |
| 138938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR19, Class 5A2 (d) | 3.46% | 08/25/36 | 106481 |
| 483741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR31, Class A3 (d) | 3.46% | 11/25/36 | 417703 |
| 777294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR21, Class 6A1 (d) | 3.14% | 09/25/37 | 565303 |
| 102055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-FLX2, Class A1A, 1 Mo. LIBOR + 0.16% (a) | 4.20% | 04/25/37 | 85138 |
|  | Lanebrook Mortgage Transaction PLC |  |  |  |
| GBP 342,417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class X1, SONIA + 2.90% (a) (g) | 5.67% | 07/20/58 | 409302 |
|  | Lehman XS Trust |  |  |  |
| $1317428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-4N, Class A1D1, 1 Mo. LIBOR + 0.66% (a) | 4.70% | 04/25/46 | 1150537 |
| 483450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-10N, Class 1A4A, 1 Mo. LIBOR + 0.60% (a) | 4.64% | 07/25/46 | 337239 |
| 178384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-12N, Class 1A3A, 1 Mo. LIBOR + 0.40% (a) | 4.44% | 07/25/47 | 165893 |
|  | LHOME Mortgage Trust |  |  |  |
| 1275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-RTL3, Class A1, steps up to 3.36% on 04/25/24 (c) (f) | 2.36% | 09/25/26 | 1187073 |
|  | Luminent Mortgage Trust |  |  |  |
| 1161948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class A1, 1 Mo. LIBOR + 0.52% (a) | 4.56% | 11/25/35 | 1097151 |
| 921764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class 1A1, 1 Mo. LIBOR + 0.32% (a) | 4.36% | 11/25/36 | 808349 |
|  | MASTR Adjustable Rate Mortgages Trust |  |  |  |
| 1103548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OA2, Class 1A1, 12 Mo. Treasury Average + 0.80% (a) | 2.49% | 12/25/46 | 797210 |
| 488269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-2, Class A1, 1 Mo. LIBOR + 0.30% (a) | 4.34% | 03/25/47 | 434687 |
| 1800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HF2, Class A2, 1 Mo. LIBOR + 1.10% (a) | 5.14% | 09/25/37 | 853195 |
|  | PRPM LLC |  |  |  |
| 1069028 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A1, steps up to 5.12% on 01/25/24 (c) (f) | 2.12% | 01/25/26 | 996189 |
| 1271073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-3, Class A1, steps up to 4.87% on 04/25/24 (c) (f) | 1.87% | 04/25/26 | 1131763 |
| 1208508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-10, Class A1, steps up to 5.49% on 10/25/24 (c) (f) | 2.49% | 10/25/26 | 1116954 |
| 1286876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-11, Class A1, steps up to 5.49% on 11/25/24 (c) (f) | 2.49% | 11/25/26 | 1168312 |
|  | RALI Trust |  |  |  |
| 442552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-QO1, Class A1, 1 Mo. LIBOR + 0.30% (a) | 4.34% | 08/25/35 | 333135 |
| 123735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-QA6, Class A1, 1 Mo. LIBOR + 0.38% (a) | 4.42% | 07/25/36 | 107793 |
| 3222305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-QO2, Class A1, 1 Mo. LIBOR + 0.44% (a) | 4.48% | 02/25/46 | 700029 |
| 203291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-QS7, Class A2 | 6.00% | 06/25/36 | 160894 |
| 317085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QH4, Class A1, 1 Mo. LIBOR + 0.38% (a) | 4.42% | 05/25/37 | 274314 |
| 98814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QS1, Class 1A4 | 6.00% | 01/25/37 | 75280 |
| 167631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-QS2, Class A4 | 6.25% | 01/25/37 | 133191 |
|  | RFMSI Trust |  |  |  |
| 571461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-S10, Class 1A1 | 6.00% | 10/25/36 | 453004 |
|  | Structured Adjustable Rate Mortgage Loan Trust |  |  |  |
| 694386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-17, Class 3A1 (d) | 3.63% | 08/25/35 | 589485 |
|  | Structured Asset Mortgage Investments II Trust |  |  |  |
| 219684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-AR8, Class A2, 12 Mo. Treasury Average + 1.48% (a) | 1.57% | 02/25/36 | 187074 |
| 629183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR6, Class 2A1, 1 Mo. LIBOR + 0.38% (a) | 4.42% | 07/25/46 | 432163 |
| 1219260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR7, Class A1A, 1 Mo. LIBOR + 0.42% (a) | 4.46% | 08/25/36 | 1116843 |
| 148920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR7, Class A1BG, 1 Mo. LIBOR + 0.12% (a) | 4.16% | 08/25/36 | 133574 |
| 845661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR1, Class 2A1, 1 Mo. LIBOR + 0.18% (a) | 4.22% | 01/25/37 | 721047 |
| 45808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-AR3, Class 2A1, 1 Mo. LIBOR + 0.19% (a) | 4.23% | 09/25/47 | 41162 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Collateralized Mortgage Obligations (Continued)** |  |  |  |
|  | WaMu Mortgage Pass-Through Certificates Trust |  |  |  |
| $53232 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR3, Class A1A, 12 Mo. Treasury Average + 1.00% (a) | 2.69% | 02/25/46 | $46597 |
|  | Washington Mutual Mortgage Pass-Through Certificates WMALT Trust |  |  |  |
| 634359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR6, Class 2A, 12 Mo. Treasury Average + 0.96% (a) | 2.65% | 08/25/46 | 392727 |
| 808253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AR10, Class A2A, 1 Mo. LIBOR + 0.34% (a) | 4.38% | 12/25/36 | 697994 |
|  |  |  |  | 28160957 |
|  | **Commercial Mortgage-Backed Securities — 11.8%** |  |  |  |
|  | BBCMS Mortgage Trust |  |  |  |
| 545000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-BID, Class D, 1 Mo. LIBOR + 4.63% (a) (c) | 8.51% | 10/15/37 | 524753 |
|  | Benchmark Mortgage Trust |  |  |  |
| 117000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-B18, Class AGNF (c) | 4.14% | 07/15/53 | 95851 |
|  | BFLD Trust |  |  |  |
| 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FPM, Class B, 1 Mo. LIBOR + 2.50% (a) (c) | 6.38% | 06/15/38 | 191913 |
|  | BWAY Mortgage Trust |  |  |  |
| 18288906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-1515, Class XA, IO (c) (d) | 0.70% | 03/10/33 | 172695 |
|  | BX Commercial Mortgage Trust |  |  |  |
| 787708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-XL2, Class J, 1 Mo. LIBOR + 3.89% (a) (c) | 7.77% | 10/15/38 | 724770 |
|  | BX Trust |  |  |  |
| 605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-VIEW, Class B, 1 Mo. LIBOR + 1.80% (a) (c) | 5.68% | 06/15/36 | 562323 |
|  | CAMB Commercial Mortgage Trust |  |  |  |
| 890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-LIFE, Class G, 1 Mo. LIBOR + 3.25% (a) (c) | 7.12% | 12/15/37 | 816452 |
|  | Citigroup Commercial Mortgage Trust |  |  |  |
| 709741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-GC15, Class XA, IO (d) | 0.96% | 09/10/46 | 2661 |
| 4433801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-P3, Class XA, IO (d) | 1.82% | 04/15/49 | 174392 |
|  | COMM Mortgage Trust |  |  |  |
| 1218429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-CR4, Class XA, IO (d) | 1.43% | 10/15/45 | 46 |
| 1014257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-LC13, Class XA, IO (d) | 1.14% | 08/10/46 | 4325 |
| 24001614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR14, Class XA, IO (d) | 0.66% | 02/10/47 | 101925 |
| 31826512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-CR16, Class XA, IO (d) | 1.10% | 04/10/47 | 313361 |
| 1431397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS2, Class XA, IO (d) | 1.23% | 03/10/47 | 12140 |
| 20773425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS3, Class XA, IO (d) | 1.22% | 06/10/47 | 223686 |
| 11151000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-UBS3, Class XB, IO (c) (d) | 0.42% | 06/10/47 | 44906 |
| 7000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC21, Class XE, IO (c) (d) | 1.22% | 07/10/48 | 166203 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-CX, Class E (c) (d) | 2.77% | 11/10/46 | 22684 |
|  | Credit Suisse Mortgage Trust |  |  |  |
| 182000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-UVIL, Class B (c) (d) | 3.39% | 12/15/41 | 148202 |
| 801000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-BPNY, Class A, 1 Mo. LIBOR + 3.71% (a) (c) | 7.59% | 08/15/23 | 768961 |
|  | CSAIL Commercial Mortgage Trust |  |  |  |
| 20232288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C2, Class XA, IO (d) | 0.86% | 06/15/57 | 264719 |
| 2669830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C5, Class XA, IO (d) | 1.06% | 11/15/48 | 56965 |
|  | DBUBS Mortgage Trust |  |  |  |
| 120000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-BRBK, Class A (c) | 3.45% | 10/10/34 | 112820 |
|  | DROP Mortgage Trust |  |  |  |
| 386000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-FILE, Class B, 1 Mo. LIBOR + 1.70% (a) (c) | 5.58% | 10/15/43 | 356146 |
|  | European Loan Conduit DAC |  |  |  |
| EUR 581,855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 36A, Class E, 3 Mo. EURIBOR + 3.35% (a) (c) | 5.15% | 02/17/30 | 554922 |
|  | Frost CMBS DAC |  |  |  |
| GBP 800,000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class GBB, SONIA + 1.65% (a) (c) (g) | 4.59% | 11/20/33 | 919700 |
|  | Grace Trust |  |  |  |
| $1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-GRCE, Class X, IO (c) (d) | 0.39% | 12/10/40 | 21195 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  | **Commercial Mortgage-Backed Securities (Continued)** |  |  |  |
|  | GS Mortgage Securities Corp. II |  |  |  |
| $1323995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-GC10, Class XA, IO (d) | 1.48% | 02/10/46 | $14 |
|  | GS Mortgage Securities Trust | 5.21% | 08/10/44 |  |
| 137977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-GC5, Class AS (c) | 5.21% | 08/10/44 | 135235 |
| 1707996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2011-GC5, Class XA, IO (c) (d) | 0.09% | 08/10/44 | 17 |
| 28543157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-GC28, Class XA, IO (d) | 1.12% | 02/10/48 | 453214 |
|  | JP Morgan Chase Commercial Mortgage Securities Trust |  |  |  |
| 4392137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C16, Class XA, IO (d) | 1.01% | 12/15/46 | 19343 |
| 1463007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-LC11, Class XA, IO (d) | 1.37% | 04/15/46 | 1443 |
| 16012106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C20, Class XA, IO (d) | 0.96% | 07/15/47 | 103765 |
|  | JPMBB Commercial Mortgage Securities Trust |  |  |  |
| 833448 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C32, Class XA, IO (d) | 1.28% | 11/15/48 | 14979 |
|  | JPMCC Commercial Mortgage Securities Trust |  |  |  |
| 10397933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-JP5, Class XA, IO (d) | 0.99% | 03/15/50 | 260656 |
|  | JPMDB Commercial Mortgage Securities Trust |  |  |  |
| 5561084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C2, Class XA, IO (d) | 1.65% | 06/15/49 | 211082 |
|  | Last Mile Logistics Pan Euro Finance DAC |  |  |  |
| EUR 716,788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 1A, Class E, 3 Mo. EURIBOR + 2.70% (a) (c) | 4.49% | 08/17/33 | 665365 |
|  | MHC Commercial Mortgage Trust |  |  |  |
| $205000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-MHC, Class E, 1 Mo. LIBOR + 2.10% (a) (c) | 5.98% | 04/15/38 | 192943 |
|  | Morgan Stanley Bank of America Merrill Lynch Trust |  |  |  |
| 1804386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C13, Class XA, IO (d) | 1.10% | 11/15/46 | 10438 |
| 3643722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C14, Class XA, IO (d) | 1.08% | 02/15/47 | 22403 |
| 9797011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C20, Class XA, IO (d) | 1.40% | 02/15/48 | 173040 |
| 30175781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C25, Class XA, IO (d) | 1.19% | 10/15/48 | 612245 |
|  | MSCG Trust |  |  |  |
| 1051866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-SELF, Class F, 1 Mo. LIBOR + 3.05% (a) (c) | 6.92% | 10/15/37 | 989500 |
|  | One Bryant Park Trust |  |  |  |
| 125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-OBP, Class A (c) | 2.52% | 09/15/54 | 103006 |
|  | SFAVE Commercial Mortgage Securities Trust |  |  |  |
| 690000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-5AVE, Class A2A (c) (d) | 3.66% | 01/05/43 | 489759 |
| 340000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-5AVE, Class A2B (c) (d) | 4.14% | 01/05/43 | 238531 |
|  | SLG Office Trust |  |  |  |
| 385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-OVA, Class G (c) | 2.85% | 07/15/41 | 241551 |
|  | SMRT |  |  |  |
| 105000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-MINI, Class XCP, IO (c) (d) | 0.73% | 01/15/39 | 89282 |
|  | UBS-Barclays Commercial Mortgage Trust |  |  |  |
| 835550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2012-C2, Class XA, IO (c) (d) | 0.67% | 05/10/63 | 12 |
|  | Wells Fargo Commercial Mortgage Trust |  |  |  |
| 8461486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C26, Class XA, IO (d) | 1.34% | 02/15/48 | 173060 |
| 14273772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C27, Class XA, IO (d) | 0.99% | 02/15/48 | 207085 |
| 27976499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-C28, Class XA, IO (d) | 0.72% | 05/15/48 | 305918 |
| 1867822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-LC22, Class XA, IO (d) | 0.92% | 09/15/58 | 31180 |
| 6549929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-NXS3, Class XA, IO (d) | 1.03% | 09/15/57 | 132459 |
| 3716492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C33, Class XA, IO (d) | 1.75% | 03/15/59 | 151566 |
| 5823000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-C37, Class XEF, IO (c) (d) | 1.60% | 12/15/49 | 302002 |
|  | WFRBS Commercial Mortgage Trust |  |  |  |
| 944376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C22, Class XA, IO (d) | 0.94% | 09/15/57 | 9431 |
| 4864126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-C24, Class XA, IO (d) | 0.99% | 11/15/47 | 59824 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** | **Value** |
| **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** | **MORTGAGE-BACKED SECURITIES (Continued)** |
|  |  | **Commercial Mortgage-Backed Securities (Continued)** |  |  |  |  |
|  |  | WFRBS Commercial Mortgage Trust (Continued) |  |  |  |  |
| $| 26522177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-LC14, Class XA, IO (d) | 1.42% | 03/15/47 | $| 249905 |
|  |  |  |  |  |  | 14008969 |
|  |  | **Total Mortgage-Backed Securities** |  |  |  | 42169926 |
|  |  | (Cost $48,156,558) |  |  |  |  |
| **ASSET-BACKED SECURITIES — 27.1%** | **ASSET-BACKED SECURITIES — 27.1%** | **ASSET-BACKED SECURITIES — 27.1%** | **ASSET-BACKED SECURITIES — 27.1%** | **ASSET-BACKED SECURITIES — 27.1%** | **ASSET-BACKED SECURITIES — 27.1%** | **ASSET-BACKED SECURITIES — 27.1%** |
|  |  | Accredited Mortgage Loan Trust |  |  |  |  |
|  | 5004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class M2, 1 Mo. LIBOR + 1.04% (a) | 5.08% | 04/25/35 |  | 5003 |
|  |  | AGL CLO 7 Ltd. |  |  |  |  |
|  | 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-7A, Class BR, 3 Mo. LIBOR + 1.70% (a) (c) | 5.78% | 07/15/34 |  | 956598 |
|  |  | AIG CLO Ltd. |  |  |  |  |
|  | 320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-1A, Class BR, 3 Mo. LIBOR + 1.70% (a) (c) | 5.94% | 04/20/32 |  | 309790 |
|  |  | AMMC CLO |  |  |  |  |
|  | 56866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-19A, Class AR, 3 Mo. LIBOR + 1.14% (a) (c) | 5.22% | 10/16/28 |  | 56718 |
|  |  | AMSR Trust |  |  |  |  |
|  | 572000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR1, Class F (c) | 3.57% | 04/17/37 |  | 524478 |
|  | 605000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR3, Class G (c) | 4.99% | 09/17/37 |  | 556038 |
|  | 1776000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-SFR5, Class A (c) | 1.38% | 11/17/37 |  | 1577053 |
|  |  | Ares LXII CLO Ltd. |  |  |  |  |
|  | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-62A, Class B, 3 Mo. LIBOR + 1.65% (a) (c) | 6.01% | 01/25/34 |  | 666853 |
|  |  | Argent Securities Trust |  |  |  |  |
|  | 753764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-M1, Class A2C, 1 Mo. LIBOR + 0.30% (a) | 4.34% | 07/25/36 |  | 204125 |
|  |  | Argent Securities, Inc., Asset-Backed Pass-Through Certificates |  |  |  |  |
|  | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-W3, Class M2, 1 Mo. LIBOR + 0.69% (a) | 4.73% | 11/25/35 |  | 499548 |
|  |  | Boyce Park CLO Ltd. |  |  |  |  |
|  | 1178571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class M2, IO (c) | 0.00% | 04/21/35 |  | 53387 |
|  | 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class SUB (c) | 0.00% | 04/21/35 |  | 822768 |
|  |  | C-BASS Mortgage Loan Trust |  |  |  |  |
|  | 843095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CB3, Class A3 (f) | 3.26% | 03/25/37 |  | 320353 |
|  | 969559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CB3, Class A4 (f) | 3.26% | 03/25/37 |  | 368217 |
|  |  | CF Hippolyta Issuer LLC |  |  |  |  |
|  | 1078946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1 (c) | 1.69% | 07/15/60 |  | 956397 |
|  |  | CIFC Funding Ltd. |  |  |  |  |
|  | 700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-2A, Class INCB (c) | 0.00% | 04/19/35 |  | 584743 |
|  |  | Cologix Data Centers US Issuer LLC |  |  |  |  |
|  | 715000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (c) | 3.30% | 12/26/51 |  | 629183 |
|  |  | CoreVest American Finance Trust |  |  |  |  |
|  | 15531 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1, Class D (c) | 4.36% | 10/15/49 |  | 15488 |
|  | 2579132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class XA, IO (c) (d) | 3.15% | 07/15/54 |  | 231466 |
|  |  | Credit-Based Asset Servicing and Securitization LLC |  |  |  |  |
|  | 136306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-CB6, Class A1, 1 Mo. LIBOR + 0.12% (a) (c) | 4.16% | 07/25/37 |  | 89250 |
|  |  | Dryden CLO Ltd. |  |  |  |  |
|  | 615000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-72A, Class BR, 3 Mo. LIBOR + 1.65% (a) (c) | 6.26% | 05/15/32 |  | 591630 |
|  |  | Elmwood CLO VI Ltd. |  |  |  |  |
|  | 600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3A, Class BR, 3 Mo. LIBOR + 1.65% (a) (c) | 5.89% | 10/20/34 |  | 574798 |
|  |  | First Franklin Mortgage Loan Trust |  |  |  |  |
|  | 565000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-FF7, Class 2A4, 1 Mo. LIBOR + 0.48% (a) | 4.52% | 05/25/36 |  | 451811 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  | Flexential Issuer |  |  |  |
| $610000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1A, Class A2 (c) | 3.25% | 11/27/51 | $531868 |
|  | Fremont Home Loan Trust |  |  |  |
| 47846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-A, Class M3, 1 Mo. LIBOR + 0.74% (a) | 4.78% | 01/25/35 | 45930 |
|  | GCI Funding I LLC |  |  |  |
| 916207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A (c) | 2.38% | 06/18/46 | 779642 |
|  | Golub Capital Partners CLO L.P. |  |  |  |
| 1100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-54A, Class A, 3 Mo. LIBOR + 1.53% (a) (c) | 6.06% | 08/05/33 | 1058018 |
|  | GSAA Home Equity Trust |  |  |  |
| 1341932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-6, Class 3A1A, 1 Mo. LIBOR + 0.42% (a) | 4.46% | 05/25/47 | 943202 |
|  | HPS Loan Management Ltd. |  |  |  |
| 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 15A-19, Class A1R, 3 Mo. CME Term SOFR + 1.32% (a) (c) | 5.36% | 01/22/35 | 965144 |
|  | HSI Asset Securitization Corp. Trust |  |  |  |
| 208344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WMC1, Class A4, 1 Mo. LIBOR + 0.50% (a) | 4.54% | 07/25/36 | 96801 |
|  | JP Morgan Mortgage Acquisition Trust |  |  |  |
| 1399713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WMC2, Class A4, 1 Mo. LIBOR + 0.30% (a) | 4.32% | 07/25/36 | 631835 |
| 126617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-WMC4, Class A1A, 1 Mo. LIBOR + 0.13% (a) | 4.17% | 12/25/36 | 74738 |
|  | Long Beach Mortgage Loan Trust |  |  |  |
| 299011 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-10, Class 2A3, 1 Mo. LIBOR + 0.16% (a) | 4.20% | 11/25/36 | 92490 |
|  | Madison Park Funding XLV Ltd. |  |  |  |
| 825000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-45A, Class BR, 3 Mo. LIBOR + 1.70% (a) (c) | 5.78% | 07/15/34 | 793737 |
|  | Mastr Asset Backed Securities Trust |  |  |  |
| 1493990 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE2, Class A3, 1 Mo. LIBOR + 0.30% (a) | 4.34% | 06/25/36 | 592206 |
| 1535500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE1, Class A4, 1 Mo. LIBOR + 0.28% (a) | 4.32% | 05/25/37 | 1148225 |
|  | Merrill Lynch First Franklin Mortgage Loan Trust |  |  |  |
| 339912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-1, Class A1, 1 Mo. LIBOR + 0.28% (a) | 4.32% | 04/25/37 | 155191 |
| 651405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-3, Class A2B, 1 Mo. LIBOR + 0.13% (a) | 4.30% | 06/25/37 | 500288 |
|  | Merrill Lynch Mortgage Investors Trust |  |  |  |
| 1154616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE6, Class A2B, 1 Mo. LIBOR + 0.30% (a) | 4.34% | 11/25/37 | 411767 |
| 1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OPT1, Class A2D, 1 Mo. LIBOR + 0.24% (a) | 4.28% | 08/25/37 | 775050 |
|  | Morgan Stanley Capital I, Inc., Trust |  |  |  |
| 21114 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC2, Class A2D, 1 Mo. LIBOR + 0.58% (a) | 4.62% | 02/25/36 | 20718 |
|  | Navient Student Loan Trust |  |  |  |
| 320000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-3, Class B, 1 Mo. LIBOR + 1.50% (a) | 5.52% | 10/25/58 | 291024 |
| 975000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-3A, Class B, 1 Mo. LIBOR + 1.55% (a) (c) | 5.59% | 07/25/68 | 907276 |
|  | Nelnet Student Loan Trust |  |  |  |
| 353604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-4, Class B, 3 Mo. LIBOR + 0.28% (a) | 3.88% | 09/22/35 | 307376 |
|  | Nomura Home Equity Loan, Inc., Home Equity Loan Trust |  |  |  |
| 14349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-HE1, Class M1, 1 Mo. LIBOR + 0.62% (a) | 4.66% | 02/25/36 | 14300 |
|  | Oakwood Mortgage Investors, Inc. |  |  |  |
| 781859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 1999-C, Class A2 | 7.48% | 08/15/27 | 664490 |
| 582662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2001-C, Class A2 | 5.92% | 06/15/31 | 69166 |
|  | Option One Mortgage Loan Trust |  |  |  |
| 349263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-4, Class 2A3, 1 Mo. LIBOR + 0.24% (a) | 4.28% | 04/25/37 | 204027 |
|  | Ownit Mortgage Loan Trust |  |  |  |
| 649101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-6, Class A2C, 1 Mo. LIBOR + 0.32% (a) | 4.36% | 09/25/37 | 314184 |
|  | Park Avenue Institutional Advisers CLO Ltd. |  |  |  |
| 150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-1A, Class A2R, 3 Mo. LIBOR + 1.60% (a) (c) | 5.84% | 10/20/31 | 144724 |
|  | Park Place Securities Inc Asset-Backed Pass-Through Certificates |  |  |  |
| 338020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2004-WWF1, Class M5, 1 Mo. LIBOR + 1.80% (a) | 5.84% | 12/25/34 | 323473 |
|  | PRET LLC |  |  |  |
| 1105960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-RN1, Class A1, steps up to 6.72% on 02/25/25 (c) (f) | 3.72% | 07/25/51 | 1029639 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value** | **Principal**<br> **Value** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value** | **Value** |
| **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** | **ASSET-BACKED SECURITIES (Continued)** |
|  |  | Progress Residential Trust |  |  |  |  |
| $| 1169000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-SFR3, Class F (c) | 3.87% | 09/17/36 | $| 1101111 |
|  | 1060000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class H (c) | 5.00% | 04/17/38 |  | 911163 |
|  |  | Sabey Data Center Issuer LLC |  |  |  |  |
|  | 650000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A2 (c) | 3.81% | 04/20/45 |  | 606902 |
|  |  | Saxon Asset Securities Trust |  |  |  |  |
|  | 66690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2005-1, Class M2, 1 Mo. LIBOR + 0.72% (a) | 2.02% | 05/25/35 |  | 61580 |
|  |  | Securitized Asset Backed Receivables LLC Trust |  |  |  |  |
|  | 1087459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-CB5, Class A3, 1 Mo. LIBOR + 0.28% (a) | 4.32% | 06/25/36 |  | 689575 |
|  | 56578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-NC2, Class A3, 1 Mo. LIBOR + 0.48% (a) | 4.52% | 03/25/36 |  | 55149 |
|  | 362079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-NC2, Class A2B, 1 Mo. LIBOR + 0.14% (a) | 4.18% | 01/25/37 |  | 312861 |
|  |  | SLM Student Loan Trust |  |  |  |  |
|  | 65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-4, Class B, 3 Mo. LIBOR + 1.85% (a) | 6.21% | 04/25/73 |  | 62742 |
|  | 65000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2008-5, Class B, 3 Mo. LIBOR + 1.85% (a) | 6.21% | 07/25/73 |  | 60885 |
|  |  | Soundview Home Loan Trust |  |  |  |  |
|  | 332439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OPT1, Class 2A2, 1 Mo. LIBOR + 0.15% (a) | 4.19% | 06/25/37 |  | 228038 |
|  | 193589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-OPT3, Class 1A1, 1 Mo. LIBOR + 0.17% (a) | 4.21% | 08/25/37 |  | 162880 |
|  |  | Specialty Underwriting & Residential Finance Trust |  |  |  |  |
|  | 1179695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-AB3, Class A2C, 1 Mo. LIBOR + 0.48% (a) | 4.52% | 09/25/37 |  | 820222 |
|  |  | Stratus CLO Ltd. |  |  |  |  |
|  | 925000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-3A, Class SUB (c) | 0.00% | 12/29/29 |  | 539834 |
|  |  | Structured Asset Securities Corp. Mortgage Loan Trust |  |  |  |  |
|  | 56162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-OPT1, Class A1, 1 Mo. LIBOR + 0.18% (a) | 4.22% | 04/25/36 |  | 55274 |
|  |  | Textainer Marine Containers VII Ltd. |  |  |  |  |
|  | 80283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-3A, Class A (c) | 2.11% | 09/20/45 |  | 69289 |
|  |  | TRP LLC |  |  |  |  |
|  | 283449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A (c) | 2.07% | 06/19/51 |  | 239597 |
|  |  | VOYA CLO |  |  |  |  |
|  | 175000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-2A, Class A2AR, 3 Mo. LIBOR + 1.65% (a) (c) | 5.73% | 06/07/30 |  | 170656 |
|  |  | Wachovia Student Loan Trust |  |  |  |  |
|  | 678020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2006-1, Class B, 3 Mo. LIBOR + 0.24% (a) (c) | 4.60% | 04/25/40 |  | 626657 |
|  |  | WaMu Asset-Backed Certificates WaMuTrust |  |  |  |  |
|  | 1069097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2007-HE1, Class 2A4, 1 Mo. LIBOR + 0.23% (a) | 4.27% | 01/25/37 |  | 523833 |
|  |  | **Total Asset-Backed Securities** |  |  |  | 32230472 |
|  |  | (Cost $37,069,599) |  |  |  |  |
| **U.S. TREASURY BILLS — 0.4%** | **U.S. TREASURY BILLS — 0.4%** | **U.S. TREASURY BILLS — 0.4%** | **U.S. TREASURY BILLS — 0.4%** | **U.S. TREASURY BILLS — 0.4%** | **U.S. TREASURY BILLS — 0.4%** | **U.S. TREASURY BILLS — 0.4%** |
|  | 450000 | U.S. Treasury Bill | (b) | 05/04/23 |  | 441474 |
|  |  | (Cost $441,494) |  |  |  |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 2.2%** | **MONEY MARKET FUNDS — 2.2%** | **MONEY MARKET FUNDS — 2.2%** |
| 2640135 | JPMorgan 100% U.S. Treasury Securities Money Market Fund - Institutional Class - 3.51% (h) | 2640135 |
|  | (Cost $2,640,135) |  |
|  | **Total Investments — 141.9%** | 168927438 |
|  | (Cost $181,849,181) |  |
|  | **Net Other Assets and Liabilities — (41.9)%** | (49865334 |
|  | **Net Assets — 100.0%** | $119062104 |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** |
| **Settlement <br> Date** | **Counterparty** | **Amount<br> Purchased** | **Amount<br> Purchased** | **Amount <br> Sold** | **Amount <br> Sold** | **Purchase<br> Value as of<br> 11/30/2022** | **Sale<br> Value as of<br> 11/30/2022** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 01/13/2023 | GS | EUR | 62000 | USD | 62020 | $64763 | $62020 | $2743 |
| 01/13/2023 | Citi | GBP | 236000 | USD | 266289 | 284900 | 266289 | 18611 |
| 01/13/2023 | GS | USD | 1191121 | EUR | 1203000 | 1191121 | 1256601 | (65480) |
| 01/13/2023 | Citi | USD | 1492325 | GBP | 1309000 | 1492325 | 1580228 | (87903) |
| Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | $(132029) |
| Counterparty Abbreviations: |  |  |  |  |  |  |  |  |
| Citi – Citibank N.A. |  |  |  |  |  |  |  |  |
| GS – Goldman Sachs and Co. |  |  |  |  |  |  |  |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** | **Futures Contracts at November 30, 2022:** |
| **Futures Contracts** | **Position** | **Number of Contracts** | **Expiration Date** | **Notional<br> Value** | **Unrealized<br> Appreciation<br> (Depreciation)/<br> Value** |
| U.S. 2-Year Treasury Notes | Long | 67 | Mar-2023 | $13759078 | $35891 |
| U.S. 5-Year Treasury Notes | Long | 75 | Mar-2023 | 8142773 | 42797 |
| Ultra 10-Year U.S. Treasury Notes | Long | 63 | Mar-2023 | 7538344 | 53697 |
| Ultra U.S. Treasury Bond Futures | Short | 6 | Mar-2023 | (817687) | 9771 |
|  |  |  |  | $28622508 | $142156 |

---

(a) Floating or variable rate security.

(b) Zero coupon security.

(c) 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 (the "1933 Act"), 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 (the "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 November 30, 2022, securities noted as such amounted to $40,582,127 or 34.1% of net assets.

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

(e) All or a portion of this security is part of a mortgage dollar roll agreement.

(f) Step-up security. A security where the coupon increases or steps up at a predetermined date.

(g) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

(h) Rate shown reflects yield as of November 30, 2022.

---

| | |
|:---|:---|
| CME | Chicago Mercantile Exchange |
| EURIBOR | Euro Interbank Offered Rate |
| IO | Interest-Only Security - Principal amount shown represents par value on which interest payments are based |
| LIBOR | London Interbank Offered Rate |
| PO | Principal-Only Security |
| SOFR | Secured Overnight Financing Rate |
| SONIA | Sterling Overnight Index Average |
| TBA | To-Be-Announced Security |

---

---

| |
|:---|
| **First Trust TCW Securitized Plus ETF (DEED)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | |
|:---|:---|
| Currency Abbreviations: | Currency Abbreviations: |
| GBP | British Pound Sterlin |
| EUR | Euro |
| USD | United States Dollar |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| U.S. Government Agency Mortgage-Backed Securities | $91445431 | $— | $91445431 | $— |
| Mortgage-Backed Securities | 42169926 |  | 42169926 |  |
| Asset-Backed Securities | 32230472 |  | 32230472 |  |
| U.S. Treasury Bills | 441474 |  | 441474 |  |
| Money Market Funds | 2640135 | 2640135 |  |  |
| Total Investments | 168927438 | 2640135 | 166287303 |  |
| Forward Foreign Currency Contracts | 21354 |  | 21354 |  |
| Futures Contracts | 142156 | 142156 |  |  |
| Total | $169090948 | $2782291 | $166308657 | $— |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Forward Foreign Currency Contracts | $(153383) | $— | $(153383) | $— |

---

---

| |
|:---|
| **First Trust TCW Emerging Markets Debt ETF (EFIX)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS AND NOTES — 57.4%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 57.4%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 57.4%** | **FOREIGN SOVEREIGN BONDS AND NOTES — 57.4%** | |
| | **Angola — 2.4%** | **Angola — 2.4%** | **Angola — 2.4%** | |
| 200000 | Angolan Government International Bond (USD) (a) | 8.00% | 11/26/29 | $181950 |
|  | **Argentina — 1.1%** |  |  |  |
| 18177 | Argentine Republic Government International Bond, steps up to 3.63% on 07/10/2023 (USD) (b) | 1.50% | 07/09/35 | 4272 |
| 128605 | Argentine Republic Government International Bond, steps up to 4.25% on 07/10/2023 (USD) (b) | 3.88% | 01/09/38 | 38804 |
| 143894 | Argentine Republic Government International Bond, steps up to 4.88% on 07/10/2029 (USD) (b) | 3.50% | 07/09/41 | 39294 |
|  |  |  |  | 82370 |
|  | **Brazil — 3.1%** |  |  |  |
| 200000 | Brazilian Government International Bond (USD) | 3.88% | 06/12/30 | 174945 |
| 60000 | Brazilian Government International Bond (USD) | 7.13% | 01/20/37 | 63376 |
|  |  |  |  | 238321 |
|  | **Chile — 2.8%** |  |  |  |
| 250000 | Chile Government International Bond (USD) | 3.50% | 01/31/34 | 217790 |
|  | **Dominican Republic — 2.5%** |  |  |  |
| 250000 | Dominican Republic International Bond (USD) (c) | 5.30% | 01/21/41 | 191415 |
|  | **Ecuador — 1.0%** |  |  |  |
| 26603 | Ecuador Government International Bond, steps up to 3.50% on 08/01/2023 (USD) (b) (c) | 2.50% | 07/31/35 | 11796 |
| 112700 | Ecuador Government International Bond, steps up to 6.00% on 08/01/2023 (USD) (a) (b) | 5.50% | 07/31/30 | 69068 |
|  |  |  |  | 80864 |
|  | **Egypt — 1.9%** |  |  |  |
| 200000 | Egypt Government International Bond (USD) (a) | 7.30% | 09/30/33 | 145840 |
|  | **Gabon — 2.2%** |  |  |  |
| 200000 | Gabon Government International Bond (USD) (a) | 6.63% | 02/06/31 | 165710 |
|  | **Guatemala — 2.5%** |  |  |  |
| 200000 | Guatemala Government Bond (USD) (a) | 4.90% | 06/01/30 | 189193 |
|  | **Hungary — 1.6%** |  |  |  |
| 200000 | Hungary Government International Bond (USD) (a) | 3.13% | 09/21/51 | 120930 |
|  | **Iraq — 2.0%** |  |  |  |
| 171875 | Iraq International Bond (USD) (a) | 5.80% | 01/15/28 | 154689 |
|  | **Ivory Coast (Cote D'Ivoire) — 1.0%** |  |  |  |
| 100000 | Ivory Coast Government International Bond (EUR) (c) | 6.88% | 10/17/40 | 80062 |
|  | **Jordan — 2.7%** |  |  |  |
| 200000 | Jordan Government International Bond (USD) (c) | 7.75% | 01/15/28 | 206000 |
|  | **Mexico — 5.4%** |  |  |  |
| 235000 | Mexico Government International Bond (USD) | 3.75% | 01/11/28 | 223699 |
| 200000 | Mexico Government International Bond (USD) | 4.88% | 05/19/33 | 188248 |
|  |  |  |  | 411947 |

---

---

| |
|:---|
| **First Trust TCW Emerging Markets Debt ETF (EFIX)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** | **Value<br> (U.S. Dollar)** |
| **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** | **FOREIGN SOVEREIGN BONDS AND NOTES (Continued)** |
|  | **Nigeria — 1.8%** |  |  |  |  |
| 200000 | Nigeria Government International Bond (USD) (c) | 7.70% | 02/23/38 | $| 140640 |
|  | **Oman — 2.6%** |  |  |  |  |
| 200000 | Oman Government International Bond (USD) (a) | 6.00% | 08/01/29 |  | 198288 |
|  | **Panama — 2.9%** |  |  |  |  |
| 300000 | Panama Government International Bond (USD) | 2.25% | 09/29/32 |  | 226500 |
|  | **Peru — 2.7%** |  |  |  |  |
| 100000 | Peruvian Government International Bond (USD) | 2.78% | 01/23/31 |  | 84008 |
| 154000 | Peruvian Government International Bond (USD) | 3.00% | 01/15/34 |  | 124712 |
|  |  |  |  |  | 208720 |
|  | **Philippines — 2.8%** |  |  |  |  |
| 200000 | Philippine Government International Bond (USD) | 5.95% | 10/13/47 |  | 217500 |
|  | **Poland — 0.7%** |  |  |  |  |
| 25000 | Republic of Poland Government International Bond (USD) | 5.50% | 11/16/27 |  | 25816 |
| 30000 | Republic of Poland Government International Bond (USD) | 5.75% | 11/16/32 |  | 31702 |
|  |  |  |  |  | 57518 |
|  | **Romania — 1.8%** |  |  |  |  |
| 54000 | Romanian Government International Bond (USD) (c) | 3.00% | 02/27/27 |  | 48779 |
| 4000 | Romanian Government International Bond (USD) (c) | 3.00% | 02/14/31 |  | 3205 |
| 90000 | Romanian Government International Bond (USD) (c) | 6.00% | 05/25/34 |  | 85115 |
|  |  |  |  |  | 137099 |
|  | **South Africa — 2.4%** |  |  |  |  |
| 200000 | Republic of South Africa Government International Bond (USD) | 4.85% | 09/30/29 |  | 181885 |
|  | **Tunisia — 1.9%** |  |  |  |  |
| 200000 | Tunisian Republic (USD) (a) | 5.75% | 01/30/25 |  | 147001 |
|  | **Turkey — 2.3%** |  |  |  |  |
| 200000 | Turkey Government International Bond (USD) | 4.25% | 04/14/26 |  | 178076 |
|  | **United Arab Emirates — 2.7%** |  |  |  |  |
| 250000 | Abu Dhabi Government International Bond (USD) (a) | 1.70% | 03/02/31 |  | 207189 |
|  | **Uruguay — 0.6%** |  |  |  |  |
| 45000 | Uruguay Government International Bond (USD) | 5.10% | 06/18/50 |  | 44483 |
|  | **Total Foreign Sovereign Bonds and Notes** |  |  |  | 4411980 |
|  | (Cost $4,708,759) |  |  |  |  |
| **FOREIGN CORPORATE BONDS AND NOTES — 39.7%** | **FOREIGN CORPORATE BONDS AND NOTES — 39.7%** | **FOREIGN CORPORATE BONDS AND NOTES — 39.7%** | **FOREIGN CORPORATE BONDS AND NOTES — 39.7%** | **FOREIGN CORPORATE BONDS AND NOTES — 39.7%** | **FOREIGN CORPORATE BONDS AND NOTES — 39.7%** |
|  | **Electric — 2.5%** |  |  |  |  |
| 200000 | Eskom Holdings SOC Ltd. (USD) (a) | 6.35% | 08/10/28 |  | 188250 |
|  | **Energy-Alternate Sources — 2.8%** |  |  |  |  |
| 250000 | India Green Power Holdings (USD) (a) | 4.00% | 02/22/27 |  | 213207 |

---

---

| |
|:---|
| **First Trust TCW Emerging Markets Debt ETF (EFIX)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal**<br> **Value<br> (Local Currency)** | **Description** | **Stated**<br> **Coupon** | **Stated**<br> **Maturity** | **Value<br> (U.S. Dollar)** |
| **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** | **FOREIGN CORPORATE BONDS AND NOTES (Continued)** |
|  | **Engineering & Construction — 3.1%** |  |  |  |
| 250000 | India Airport Infra (USD) (a) | 6.25% | 10/25/25 | $237243 |
|  | **Investment Companies — 2.4%** |  |  |  |
| 200000 | Gaci First Investment Co. (USD) (a) | 5.38% | 10/13/2122 | 186082 |
|  | **Mining — 8.2%** |  |  |  |
| 200000 | Freeport Indonesia PT (USD) (c) | 5.32% | 04/14/32 | 186000 |
| 475000 | Indonesia Asahan Aluminium Persero PT (USD) (c) | 5.45% | 05/15/30 | 446001 |
|  |  |  |  | 632001 |
|  | **Oil & Gas — 18.7%** |  |  |  |
| 200000 | Gran Tierra Energy, Inc. (USD) (a) | 7.75% | 05/23/27 | 161326 |
| 200000 | KazMunayGas National Co. JSC (USD) (c) | 3.50% | 04/14/33 | 148368 |
| 15000 | Leviathan Bond Ltd. (USD) (a) (c) | 6.75% | 06/30/30 | 14250 |
| 200000 | Oil and Gas Holding (The) Co. BSCC (USD) (a) | 7.63% | 11/07/24 | 202273 |
| 50000 | Petroleos Mexicanos (USD) | 6.49% | 01/23/27 | 45374 |
| 50000 | Petroleos Mexicanos (USD) | 5.35% | 02/12/28 | 41818 |
| 140000 | Petroleos Mexicanos (USD) | 6.84% | 01/23/30 | 115142 |
| 64000 | Petroleos Mexicanos (USD) | 6.70% | 02/16/32 | 49600 |
| 400000 | QatarEnergy Trading LLC (USD) (c) | 3.13% | 07/12/41 | 304256 |
| 225000 | Saudi Arabian Oil Co. (USD) (a) | 2.25% | 11/24/30 | 186699 |
| 200000 | Tengizchevroil Finance Co. International Ltd. (USD) (a) | 4.00% | 08/15/26 | 171000 |
|  |  |  |  | 1440106 |
|  | **Pipelines — 2.0%** |  |  |  |
| 193306 | Galaxy Pipeline Assets Bidco Ltd. (USD) (c) | 2.94% | 09/30/40 | 154928 |
|  | **Total Foreign Corporate Bonds and Notes** |  |  | 3051817 |
|  | (Cost $3,196,764) |  |  |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** |
| 39479 | JPMorgan 100% U.S. Treasury Securities Money Market Fund - Institutional Class - 3.51% (d) | 39479 |
|  | (Cost $39,479) |  |
|  | **Total Investments — 97.6%** | 7503276 |
|  | (Cost $7,945,002) |  |
|  | **Net Other Assets and Liabilities — 2.4%** | 182197 |
|  | **Net Assets — 100.0%** | $7685473 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** | **Forward Foreign Currency Contracts at November 30, 2022:** |
| **Settlement Date** | **Counterparty** | **Amount<br> Purchased** | **Amount<br> Purchased** | **Amount <br> Sold** | **Amount <br> Sold** | **Purchase<br> Value as of<br> 11/30/2022** | **Sale<br> Value as of<br> 11/30/2022** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| 01/06/2023 | BOFA | USD | 11436 | EUR | 11000 | $11436 | $11485 | $(49) |
| 01/06/2023 | BNP | USD | 67661 | EUR | 68000 | 67661 | 70995 | (3334) |
| Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | Net Unrealized Appreciation (Depreciation) | $(3383) |

---

---

| |
|:---|
| **First Trust TCW Emerging Markets Debt ETF (EFIX)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

Counterparty Abbreviations: <br> BOFA - Bank of America, N.A. <br> BNP - BNP Paribas

(a) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933, as amended (the "1933 Act").

(b) Step-up security. A security where the coupon increases or steps up at a predetermined date.

(c) This security, sold within the terms of a private placement memorandum, is exempt from registration upon resale under Rule 144A of the 1933 Act, 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 November 30, 2022, securities noted as such amounted to $2,020,815 or 26.3% of net assets.

(d) Rate shown reflects yield as of November 30, 2022.

---

| | |
|:---|:---|
| Currency Abbreviations: | Currency Abbreviations: |
| EUR | Euro |
| USD | United States Dollar |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Foreign Sovereign Bonds and Notes\* | $4411980 | $— | $4411980 | $— |
| Foreign Corporate Bonds and Notes\*\* | 3051817 |  | 3051817 |  |
| Money Market Funds | 39479 | 39479 |  |  |
| Total Investments | $7503276 | $39479 | $7463797 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Forward Foreign Currency Contracts | $(3383) | $— | $(3383) | $— |

---

\* See Portfolio of Investments for country breakout. <br> \*\* See Portfolio of Investments for industry breakout.

**Additional Information**

**First Trust Exchange-Traded Fund VIII**

**November 30, 2022 (Unaudited)**

**Valuation Inputs**

The Funds are 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.

---

| |
|:---|
| **EquityCompass Risk Manager ETF (ERM)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 50.9%** |  |
|  | ***Aerospace & Defense — 1.5%*** |  |
| 367 | Boeing (The) Co. (a) | $65649 |
| 266 | General Dynamics Corp. | 67136 |
| 148 | Lockheed Martin Corp. | 71808 |
| 610 | Raytheon Technologies Corp. | 60219 |
|  |  | 264812 |
|  | ***Air Freight & Logistics — 0.6%*** |  |
| 253 | FedEx Corp. | 46102 |
| 307 | United Parcel Service, Inc., Class B | 58247 |
|  |  | 104349 |
|  | ***Automobiles — 1.0%*** |  |
| 4519 | Ford Motor Co. | 62814 |
| 1653 | General Motors Co. | 67045 |
| 231 | Tesla, Inc. (a) | 44976 |
|  |  | 174835 |
|  | ***Banks — 1.7%*** |  |
| 1696 | Bank of America Corp. | 64193 |
| 1093 | Citigroup, Inc. | 52912 |
| 495 | JPMorgan Chase & Co. | 68399 |
| 1194 | U.S. Bancorp | 54196 |
| 1321 | Wells Fargo & Co. | 63342 |
|  |  | 303042 |
|  | ***Beverages — 1.0%*** |  |
| 910 | Coca-Cola (The) Co. | 57885 |
| 973 | Molson Coors Beverage Co., Class B | 53622 |
| 335 | PepsiCo, Inc. | 62146 |
|  |  | 173653 |
|  | ***Biotechnology — 1.6%*** |  |
| 379 | AbbVie, Inc. | 61087 |
| 229 | Amgen, Inc. | 65585 |
| 257 | Biogen, Inc. (a) | 78429 |
| 913 | Gilead Sciences, Inc. | 80189 |
|  |  | 285290 |
|  | ***Capital Markets — 1.5%*** |  |
| 1301 | Bank of New York Mellon (The) Corp. | 59716 |
| 90 | BlackRock, Inc. | 64440 |
| 179 | Goldman Sachs Group (The), Inc. | 69121 |
| 695 | Morgan Stanley | 64683 |
|  |  | 257960 |
|  | ***Chemicals — 1.1%*** |  |
| 654 | CF Industries Holdings, Inc. | 70756 |
| 1081 | Dow, Inc. | 55098 |
| 1007 | DuPont de Nemours, Inc. | 71004 |
|  |  | 196858 |
|  | ***Communications Equipment — 1.5%*** |  |
| 545 | Arista Networks, Inc. (a) | 75919 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Communications Equipment (Continued)*** |  |
| 1296 | Cisco Systems, Inc. | $64437 |
| 376 | F5, Inc. (a) | 58133 |
| 1954 | Juniper Networks, Inc. | 64951 |
|  |  | 263440 |
|  | ***Consumer Finance — 0.6%*** |  |
| 385 | American Express Co. | 60672 |
| 502 | Capital One Financial Corp. | 51827 |
|  |  | 112499 |
|  | ***Containers & Packaging — 0.3%*** |  |
| 985 | Sealed Air Corp. | 52432 |
|  | ***Diversified Financial Services — 0.4%*** |  |
| 200 | Berkshire Hathaway, Inc., Class B (a) | 63720 |
|  | ***Diversified Telecommunication Services — 0.7%*** |  |
| 2726 | AT&T, Inc. | 52557 |
| 5111 | Lumen Technologies, Inc. | 27957 |
| 1127 | Verizon Communications, Inc. | 43931 |
|  |  | 124445 |
|  | ***Electric Utilities — 1.6%*** |  |
| 536 | Duke Energy Corp. | 53563 |
| 1295 | Exelon Corp. | 53574 |
| 719 | NextEra Energy, Inc. | 60899 |
| 806 | Pinnacle West Capital Corp. | 63126 |
| 789 | Southern (The) Co. | 53368 |
|  |  | 284530 |
|  | ***Electrical Equipment — 0.4%*** |  |
| 693 | Emerson Electric Co. | 66369 |
|  | ***Electronic Equipment, Instruments & Components — 0.3%*** |  |
| 577 | IPG Photonics Corp. (a) | 52524 |
|  | ***Energy Equipment & Services — 1.1%*** |  |
| 1675 | Schlumberger N.V. | 86346 |
| 8889 | TechnipFMC PLC (a) | 110224 |
|  |  | 196570 |
|  | ***Entertainment — 1.7%*** |  |
| 449 | Electronic Arts, Inc. | 58720 |
| 628 | Live Nation Entertainment, Inc. (a) | 45693 |
| 283 | Netflix, Inc. (a) | 86465 |
| 571 | Walt Disney (The) Co. (a) | 55884 |
| 3979 | Warner Bros Discovery, Inc. (a) | 45361 |
|  |  | 292123 |
|  | ***Equity Real Estate Investment Trusts — 1.3%*** |  |
| 222 | American Tower Corp. | 49118 |
| 563 | Federal Realty Investment Trust | 62549 |

---

---

| |
|:---|
| **EquityCompass Risk Manager ETF (ERM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Equity Real Estate Investment Trusts (Continued)*** |  |
| 554 | Simon Property Group, Inc. | $66170 |
| 1167 | SL Green Realty Corp. | 48967 |
|  |  | 226804 |
|  | ***Food & Staples Retailing — 1.1%*** |  |
| 110 | Costco Wholesale Corp. | 59317 |
| 1467 | Walgreens Boots Alliance, Inc. | 60881 |
| 438 | Walmart, Inc. | 66760 |
|  |  | 186958 |
|  | ***Food Products — 0.7%*** |  |
| 1467 | Kraft Heinz (The) Co. | 57726 |
| 927 | Mondelez International, Inc., Class A | 62675 |
|  |  | 120401 |
|  | ***Health Care Equipment & Supplies — 0.9%*** |  |
| 517 | Abbott Laboratories | 55619 |
| 1597 | DENTSPLY SIRONA, Inc. | 48325 |
| 631 | Medtronic PLC | 49874 |
|  |  | 153818 |
|  | ***Health Care Providers & Services — 1.7%*** |  |
| 585 | CVS Health Corp. | 59600 |
| 648 | DaVita, Inc. (a) | 47777 |
| 725 | Henry Schein, Inc. (a) | 58667 |
| 107 | UnitedHealth Group, Inc. | 58610 |
| 528 | Universal Health Services, Inc., Class B | 69089 |
|  |  | 293743 |
|  | ***Hotels, Restaurants & Leisure — 1.5%*** |  |
| 31 | Booking Holdings, Inc. (a) | 64463 |
| 223 | McDonald's Corp. | 60832 |
| 4403 | Norwegian Cruise Line Holdings Ltd. (a) | 72385 |
| 692 | Starbucks Corp. | 70723 |
|  |  | 268403 |
|  | ***Household Durables — 0.5%*** |  |
| 1493 | Leggett & Platt, Inc. | 53166 |
| 2878 | Newell Brands, Inc. | 37327 |
|  |  | 90493 |
|  | ***Household Products — 0.7%*** |  |
| 734 | Colgate-Palmolive Co. | 56870 |
| 394 | Procter & Gamble (The) Co. | 58769 |
|  |  | 115639 |
|  | ***Industrial Conglomerates — 1.1%*** |  |
| 429 | 3M Co. | 54041 |
| 854 | General Electric Co. | 73418 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Industrial Conglomerates (Continued)*** |  |
| 321 | Honeywell International, Inc. | $70476 |
|  |  | 197935 |
|  | ***Insurance — 1.8%*** |  |
| 464 | Allstate (The) Corp. | 62130 |
| 1095 | American International Group, Inc. | 69105 |
| 337 | Assurant, Inc. | 43210 |
| 935 | MetLife, Inc. | 71714 |
| 1709 | Unum Group | 72086 |
|  |  | 318245 |
|  | ***Interactive Media & Services — 0.5%*** |  |
| 504 | Alphabet, Inc., Class A (a) | 50899 |
| 323 | Meta Platforms, Inc., Class A (a) | 38146 |
|  |  | 89045 |
|  | ***Internet & Direct Marketing Retail — 0.3%*** |  |
| 481 | Amazon.com, Inc. (a) | 46436 |
|  | ***IT Services — 3.4%*** |  |
| 203 | Accenture PLC, Class A | 61089 |
| 635 | Akamai Technologies, Inc. (a) | 60236 |
| 377 | Broadridge Financial Solutions, Inc. | 56215 |
| 230 | Gartner, Inc. (a) | 80585 |
| 437 | International Business Machines Corp. | 65069 |
| 291 | Jack Henry & Associates, Inc. | 55101 |
| 166 | Mastercard, Inc., Class A | 59162 |
| 734 | PayPal Holdings, Inc. (a) | 57553 |
| 266 | Visa, Inc., Class A | 57722 |
| 3357 | Western Union (The) Co. | 49214 |
|  |  | 601946 |
|  | ***Life Sciences Tools & Services — 0.7%*** |  |
| 223 | Danaher Corp. | 60971 |
| 106 | Thermo Fisher Scientific, Inc. | 59383 |
|  |  | 120354 |
|  | ***Machinery — 0.8%*** |  |
| 319 | Caterpillar, Inc. | 75415 |
| 1939 | Flowserve Corp. | 60807 |
|  |  | 136222 |
|  | ***Media — 2.3%*** |  |
| 117 | Charter Communications, Inc., Class A (a) | 45781 |
| 1375 | Comcast Corp., Class A | 50380 |
| 3108 | DISH Network Corp., Class A (a) | 49883 |
| 1661 | Fox Corp., Class A | 53900 |
| 1924 | Interpublic Group of Cos. (The), Inc. | 66109 |
| 3433 | News Corp., Class B | 66772 |

---

---

| |
|:---|
| **EquityCompass Risk Manager ETF (ERM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Media (Continued)*** |  |
| 840 | Omnicom Group, Inc. | $66998 |
|  |  | 399823 |
|  | ***Multiline Retail — 0.3%*** |  |
| 371 | Target Corp. | 61983 |
|  | ***Oil, Gas & Consumable Fuels — 1.6%*** |  |
| 397 | Chevron Corp. | 72774 |
| 648 | ConocoPhillips | 80035 |
| 646 | Exxon Mobil Corp. | 71926 |
| 3295 | Kinder Morgan, Inc. | 63000 |
|  |  | 287735 |
|  | ***Pharmaceuticals — 2.0%*** |  |
| 774 | Bristol-Myers Squibb Co. | 62137 |
| 174 | Eli Lilly & Co. | 64568 |
| 331 | Johnson & Johnson | 58918 |
| 615 | Merck & Co., Inc. | 67724 |
| 1363 | Perrigo Co. PLC | 43929 |
| 1109 | Pfizer, Inc. | 55594 |
|  |  | 352870 |
|  | ***Professional Services — 0.4%*** |  |
| 569 | Leidos Holdings, Inc. | 62209 |
|  | ***Road & Rail — 0.3%*** |  |
| 262 | Union Pacific Corp. | 56967 |
|  | ***Semiconductors & Semiconductor Equipment — 1.5%*** |  |
| 1425 | Intel Corp. | 42850 |
| 335 | NVIDIA Corp. | 56692 |
| 556 | Qorvo, Inc. (a) | 55183 |
| 385 | QUALCOMM, Inc. | 48698 |
| 345 | Texas Instruments, Inc. | 62259 |
|  |  | 265682 |
|  | ***Software — 1.6%*** |  |
| 148 | Adobe, Inc. (a) | 51049 |
| 220 | Microsoft Corp. | 56131 |
| 791 | Oracle Corp. | 65677 |
| 327 | Salesforce, Inc. (a) | 52402 |
| 162 | Tyler Technologies, Inc. (a) | 55524 |
|  |  | 280783 |
|  | ***Specialty Retail — 1.2%*** |  |
| 6046 | Gap (The), Inc. | 87909 |
| 190 | Home Depot (The), Inc. | 61558 |
| 301 | Lowe's Cos., Inc. | 63977 |
|  |  | 213444 |
|  | ***Technology Hardware, Storage & Peripherals — 1.8%*** |  |
| 377 | Apple, Inc. | 55807 |
| 4136 | Hewlett Packard Enterprise Co. | 69402 |
| 833 | NetApp, Inc. | 56319 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Technology Hardware, Storage & Peripherals (Continued)*** |  |
| 709 | Seagate Technology Holdings PLC | $37556 |
| 1173 | Western Digital Corp. (a) | 43108 |
| 3617 | Xerox Holdings Corp. | 58993 |
|  |  | 321185 |
|  | ***Textiles, Apparel & Luxury Goods — 1.6%*** |  |
| 5031 | Hanesbrands, Inc. | 33808 |
| 519 | NIKE, Inc., Class B | 56929 |
| 914 | PVH Corp. | 61403 |
| 585 | Ralph Lauren Corp. | 66175 |
| 6540 | Under Armour, Inc., Class A (a) | 65400 |
|  |  | 283715 |
|  | ***Tobacco — 0.7%*** |  |
| 1327 | Altria Group, Inc. | 61811 |
| 625 | Philip Morris International, Inc. | 62294 |
|  |  | 124105 |
|  | **Total Common Stocks — 50.9%** | 8946394 |
|  | (Cost $7,690,630) |  |
|  | **Money Market Funds — 48.9%** |  |
| 8604746 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 8604746 |
|  | (Cost $8,604,746) |  |
|  | **Total Investments — 99.8%** | 17551140 |
|  | (Cost $16,295,376) |  |
|  | **Net Other Assets and Liabilities — 0.2%** | 33607 |
|  | **Net Assets — 100.0%** | $17584747 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **EquityCompass Risk Manager ETF (ERM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.<br>&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.)<br>&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.<br>The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.<br>A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks\* | $8946394 | $8946394 | $— | $— |
| Money Market Funds | 8604746 | 8604746 |  |  |
| Total Investments | $17551140 | $17551140 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - January (FJAN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** |
| 742822 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $742822 |
|  | (Cost $742,822) |  |
|  | **Total Investments — 0.5%** | 742822 |
|  | (Cost $742,822) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 101.2%** | **PURCHASED OPTIONS — 101.2%** | **PURCHASED OPTIONS — 101.2%** | **PURCHASED OPTIONS — 101.2%** | **PURCHASED OPTIONS — 101.2%** | |
| **CALL OPTIONS PURCHASED — 93.9%** | **CALL OPTIONS PURCHASED — 93.9%** | **CALL OPTIONS PURCHASED — 93.9%** | **CALL OPTIONS PURCHASED — 93.9%** | **CALL OPTIONS PURCHASED — 93.9%** | |
| 3432 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $139915776 | $4.38 | 01/20/23 | 137758214 |
|  | (Cost $146,942,589) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** |
| 3432 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 139915776 | 437.98 | 01/20/23 | 10705812 |
|  | (Cost $15,328,506) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 148464026 |
|  | (Cost $162,271,095) |  |  |  |  |
| **WRITTEN OPTIONS — (1.6)%** | **WRITTEN OPTIONS — (1.6)%** | **WRITTEN OPTIONS — (1.6)%** | **WRITTEN OPTIONS — (1.6)%** | **WRITTEN OPTIONS — (1.6)%** | **WRITTEN OPTIONS — (1.6)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (3432) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (139915776) | 500.17 | 01/20/23 | (6730) |
|  | (Premiums received $1,704,262) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.6)%** | **PUT OPTIONS WRITTEN — (1.6)%** | **PUT OPTIONS WRITTEN — (1.6)%** | **PUT OPTIONS WRITTEN — (1.6)%** | **PUT OPTIONS WRITTEN — (1.6)%** | **PUT OPTIONS WRITTEN — (1.6)%** |
| (3432) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (139915776) | 394.18 | 01/20/23 | (2406897) |
|  | (Premiums received $8,008,654) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (2413627) |
|  | (Premiums received $9,712,916) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (114749) |
|  | **Net Assets — 100.0%** |  |  |  | $146678472 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - January (FJAN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $742822 | $742822 | $— | $— |
| Call Options Purchased | 137758214 |  | 137758214 |  |
| Put Options Purchased | 10705812 |  | 10705812 |  |
| Total | $149206848 | $742822 | $148464026 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(6730) | $— | $(6730) | $— |
| Put Options Written | (2406897) |  | (2406897) |  |
| Total | $(2413627) | $— | $(2413627) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - January (DJAN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** |
| 832263 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $832263 |
|  | (Cost $832,263) |  |
|  | **Total Investments — 0.5%** | 832263 |
|  | (Cost $832,263) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | |
| **CALL OPTIONS PURCHASED — 96.0%** | **CALL OPTIONS PURCHASED — 96.0%** | **CALL OPTIONS PURCHASED — 96.0%** | **CALL OPTIONS PURCHASED — 96.0%** | **CALL OPTIONS PURCHASED — 96.0%** | |
| 4292 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $174976256 | $4.37 | 01/20/23 | 172272296 |
|  | (Cost $176,154,470) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** |
| 4292 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 174976256 | 416.08 | 01/20/23 | 6618264 |
|  | (Cost $14,927,255) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 178890560 |
|  | (Cost $191,081,725) |  |  |  |  |
| **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)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (4292) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (174976256) | 477.53 | 01/20/23 | (21460) |
|  | (Premiums received $3,272,247) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** |
| (4292) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (174976256) | 306.59 | 01/20/23 | (128760) |
|  | (Premiums received $2,810,118) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (150220) |
|  | (Premiums received $6,082,365) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (95538) |
|  | **Net Assets — 100.0%** |  |  |  | $179477065 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - January (DJAN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $832263 | $832263 | $— | $— |
| Call Options Purchased | 172272296 |  | 172272296 |  |
| Put Options Purchased | 6618264 |  | 6618264 |  |
| Total | $179722823 | $832263 | $178890560 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(21460) | $— | $(21460) | $— |
| Put Options Written | (128760) |  | (128760) |  |
| Total | $(150220) | $— | $(150220) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - February (FFEB)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.6%** | **MONEY MARKET FUNDS — 0.6%** | **MONEY MARKET FUNDS — 0.6%** |
| 1432916 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1432916 |
|  | (Cost $1,432,916) |  |
|  | **Total Investments — 0.6%** | 1432916 |
|  | (Cost $1,432,916) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 101.7%** | **PURCHASED OPTIONS — 101.7%** | **PURCHASED OPTIONS — 101.7%** | **PURCHASED OPTIONS — 101.7%** | **PURCHASED OPTIONS — 101.7%** | |
| **CALL OPTIONS PURCHASED — 94.8%** | **CALL OPTIONS PURCHASED — 94.8%** | **CALL OPTIONS PURCHASED — 94.8%** | **CALL OPTIONS PURCHASED — 94.8%** | **CALL OPTIONS PURCHASED — 94.8%** | |
| 5972 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $243466496 | $4.34 | 02/17/23 | 239836413 |
|  | (Cost $254,401,482) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 6.9%** | **PUT OPTIONS PURCHASED — 6.9%** | **PUT OPTIONS PURCHASED — 6.9%** | **PUT OPTIONS PURCHASED — 6.9%** | **PUT OPTIONS PURCHASED — 6.9%** | **PUT OPTIONS PURCHASED — 6.9%** |
| 5972 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 243466496 | 434.23 | 02/17/23 | 17442720 |
|  | (Cost $23,032,962) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 257279133 |
|  | (Cost $277,434,444) |  |  |  |  |
| **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (5972) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (243466496) | 496.11 | 02/17/23 | (52397) |
|  | (Premiums received $5,613,748) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** |
| (5972) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (243466496) | 390.81 | 02/17/23 | (5406350) |
|  | (Premiums received $13,613,616) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (5458747) |
|  | (Premiums received $19,227,364) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (168778) |
|  | **Net Assets — 100.0%** |  |  |  | $253084524 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - February (FFEB)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1432916 | $1432916 | $— | $— |
| Call Options Purchased | 239836413 |  | 239836413 |  |
| Put Options Purchased | 17442720 |  | 17442720 |  |
| Total | $258712049 | $1432916 | $257279133 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(52397) | $— | $(52397) | $— |
| Put Options Written | (5406350) |  | (5406350) |  |
| Total | $(5458747) | $— | $(5458747) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - February (DFEB)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** |
| 1681676 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1681676 |
|  | (Cost $1,681,676) |  |
|  | **Total Investments — 0.5%** | 1681676 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 99.8%** | **PURCHASED OPTIONS — 99.8%** | **PURCHASED OPTIONS — 99.8%** | **PURCHASED OPTIONS — 99.8%** | **PURCHASED OPTIONS — 99.8%** | |
| **CALL OPTIONS PURCHASED — 95.8%** | **CALL OPTIONS PURCHASED — 95.8%** | **CALL OPTIONS PURCHASED — 95.8%** | **CALL OPTIONS PURCHASED — 95.8%** | **CALL OPTIONS PURCHASED — 95.8%** | |
| 7396 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $301520128 | $4.33 | 02/17/23 | 297031788 |
|  | (Cost $312,619,287) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 4.0%** | **PUT OPTIONS PURCHASED — 4.0%** | **PUT OPTIONS PURCHASED — 4.0%** | **PUT OPTIONS PURCHASED — 4.0%** | **PUT OPTIONS PURCHASED — 4.0%** | **PUT OPTIONS PURCHASED — 4.0%** |
| 7396 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 301520128 | 412.52 | 02/17/23 | 12198360 |
|  | (Cost $22,472,407) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 309230148 |
|  | (Cost $335,091,694) |  |  |  |  |
| **WRITTEN OPTIONS — (0.2)%** | **WRITTEN OPTIONS — (0.2)%** | **WRITTEN OPTIONS — (0.2)%** | **WRITTEN OPTIONS — (0.2)%** | **WRITTEN OPTIONS — (0.2)%** | **WRITTEN OPTIONS — (0.2)%** |
| **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** |
| (7396) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (301520128) | 474.61 | 02/17/23 | (256571) |
|  | (Premiums received $10,729,976) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** | **PUT OPTIONS WRITTEN — (0.1)%** |
| (7396) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (301520128) | 303.96 | 02/17/23 | (352670) |
|  | (Premiums received $5,808,470) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (609241) |
|  | (Premiums received $16,538,446) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (202415) |
|  | **Net Assets — 100.0%** |  |  |  | $310100168 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - February (DFEB)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1681676 | $1681676 | $— | $— |
| Call Options Purchased | 297031788 |  | 297031788 |  |
| Put Options Purchased | 12198360 |  | 12198360 |  |
| Total | $310911824 | $1681676 | $309230148 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(256571) | $— | $(256571) | $— |
| Put Options Written | (352670) |  | (352670) |  |
| Total | $(609241) | $— | $(609241) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - March (FMAR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 1092176 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1092176 |
|  | (Cost $1,092,176) |  |
|  | **Total Investments — 0.7%** | 1092176 |
|  | (Cost $1,092,176) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 102.9%** | **PURCHASED OPTIONS — 102.9%** | **PURCHASED OPTIONS — 102.9%** | **PURCHASED OPTIONS — 102.9%** | **PURCHASED OPTIONS — 102.9%** | |
| **CALL OPTIONS PURCHASED — 93.8%** | **CALL OPTIONS PURCHASED — 93.8%** | **CALL OPTIONS PURCHASED — 93.8%** | **CALL OPTIONS PURCHASED — 93.8%** | **CALL OPTIONS PURCHASED — 93.8%** | |
| 3906 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $159239808 | $4.45 | 03/17/23 | 156000337 |
|  | (Cost $168,265,131) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 9.1%** | **PUT OPTIONS PURCHASED — 9.1%** | **PUT OPTIONS PURCHASED — 9.1%** | **PUT OPTIONS PURCHASED — 9.1%** | **PUT OPTIONS PURCHASED — 9.1%** | **PUT OPTIONS PURCHASED — 9.1%** |
| 3906 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 159239808 | 444.52 | 03/17/23 | 15237790 |
|  | (Cost $18,159,401) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 171238127 |
|  | (Cost $186,424,532) |  |  |  |  |
| **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (3906) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (159239808) | 510.22 | 03/17/23 | (30015) |
|  | (Premiums received $2,807,373) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** |
| (3906) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (159239808) | 400.07 | 03/17/23 | (5802598) |
|  | (Premiums received $9,490,860) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (5832613) |
|  | (Premiums received $12,298,233) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (125698) |
|  | **Net Assets — 100.0%** |  |  |  | $166371992 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - March (FMAR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1092176 | $1092176 | $— | $— |
| Call Options Purchased | 156000337 |  | 156000337 |  |
| Put Options Purchased | 15237790 |  | 15237790 |  |
| Total | $172330303 | $1092176 | $171238127 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(30015) | $— | $(30015) | $— |
| Put Options Written | (5802598) |  | (5802598) |  |
| Total | $(5832613) | $— | $(5832613) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.6%** | **MONEY MARKET FUNDS — 0.6%** | **MONEY MARKET FUNDS — 0.6%** |
| 1405621 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1405621 |
|  | (Cost $1,405,621) |  |
|  | **Total Investments — 0.6%** | 1405621 |
|  | (Cost $1,405,621) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 99.9%** | **PURCHASED OPTIONS — 99.9%** | **PURCHASED OPTIONS — 99.9%** | **PURCHASED OPTIONS — 99.9%** | **PURCHASED OPTIONS — 99.9%** | |
| **CALL OPTIONS PURCHASED — 94.0%** | **CALL OPTIONS PURCHASED — 94.0%** | **CALL OPTIONS PURCHASED — 94.0%** | **CALL OPTIONS PURCHASED — 94.0%** | **CALL OPTIONS PURCHASED — 94.0%** | |
| 5256 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $214276608 | $4.44 | 03/17/23 | 209922689 |
|  | (Cost $220,848,244) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 5.9%** | **PUT OPTIONS PURCHASED — 5.9%** | **PUT OPTIONS PURCHASED — 5.9%** | **PUT OPTIONS PURCHASED — 5.9%** | **PUT OPTIONS PURCHASED — 5.9%** | **PUT OPTIONS PURCHASED — 5.9%** |
| 5256 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 214276608 | 422.29 | 03/17/23 | 13113370 |
|  | (Cost $17,760,996) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 223036059 |
|  | (Cost $238,609,240) |  |  |  |  |
| **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** | **WRITTEN OPTIONS — (0.4)%** |
| **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** |
| (5256) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (214276608) | 489.06 | 03/17/23 | (146969) |
|  | (Premiums received $5,103,272) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** |
| (5256) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (214276608) | 311.16 | 03/17/23 | (785725) |
|  | (Premiums received $3,844,927) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (932694) |
|  | (Premiums received $8,948,199) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (145850) |
|  | **Net Assets — 100.0%** |  |  |  | $223363136 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - March (DMAR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1405621 | $1405621 | $— | $— |
| Call Options Purchased | 209922689 |  | 209922689 |  |
| Put Options Purchased | 13113370 |  | 13113370 |  |
| Total | $224441680 | $1405621 | $223036059 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(146969) | $— | $(146969) | $— |
| Put Options Written | (785725) |  | (785725) |  |
| Total | $(932694) | $— | $(932694) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - April (FAPR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 1999982 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1999982 |
|  | (Cost $1,999,982) |  |
|  | **Total Investments — 0.7%** | 1999982 |
|  | (Cost $1,999,982) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.0%** | **PURCHASED OPTIONS — 103.0%** | **PURCHASED OPTIONS — 103.0%** | **PURCHASED OPTIONS — 103.0%** | **PURCHASED OPTIONS — 103.0%** | |
| **CALL OPTIONS PURCHASED — 94.6%** | **CALL OPTIONS PURCHASED — 94.6%** | **CALL OPTIONS PURCHASED — 94.6%** | **CALL OPTIONS PURCHASED — 94.6%** | **CALL OPTIONS PURCHASED — 94.6%** | |
| 6485 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $264380480 | $4.38 | 04/21/23 | 259098651 |
|  | (Cost $270,744,407) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 8.4%** | **PUT OPTIONS PURCHASED — 8.4%** | **PUT OPTIONS PURCHASED — 8.4%** | **PUT OPTIONS PURCHASED — 8.4%** | **PUT OPTIONS PURCHASED — 8.4%** | **PUT OPTIONS PURCHASED — 8.4%** |
| 6485 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 264380480 | 437.79 | 04/21/23 | 22919104 |
|  | (Cost $25,947,457) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 282017755 |
|  | (Cost $296,691,864) |  |  |  |  |
| **WRITTEN OPTIONS — (3.6)%** | **WRITTEN OPTIONS — (3.6)%** | **WRITTEN OPTIONS — (3.6)%** | **WRITTEN OPTIONS — (3.6)%** | **WRITTEN OPTIONS — (3.6)%** | **WRITTEN OPTIONS — (3.6)%** |
| **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** | **CALL OPTIONS WRITTEN — (0.1)%** |
| (6485) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (264380480) | 509.37 | 04/21/23 | (165810) |
|  | (Premiums received $3,905,473) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** |
| (6485) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (264380480) | 394.01 | 04/21/23 | (9735186) |
|  | (Premiums received $15,078,656) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (9900996) |
|  | (Premiums received $18,984,129) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (179519) |
|  | **Net Assets — 100.0%** |  |  |  | $273937222 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - April (FAPR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1999982 | $1999982 | $— | $— |
| Call Options Purchased | 259098651 |  | 259098651 |  |
| Put Options Purchased | 22919104 |  | 22919104 |  |
| Total | $284017737 | $1999982 | $282017755 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(165810) | $— | $(165810) | $— |
| Put Options Written | (9735186) |  | (9735186) |  |
| Total | $(9900996) | $— | $(9900996) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - April (DAPR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 2015090 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $2015090 |
|  | (Cost $2,015,090) |  |
|  | **Total Investments — 0.7%** | 2015090 |
|  | (Cost $2,015,090) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 100.1%** | **PURCHASED OPTIONS — 100.1%** | **PURCHASED OPTIONS — 100.1%** | **PURCHASED OPTIONS — 100.1%** | **PURCHASED OPTIONS — 100.1%** | |
| **CALL OPTIONS PURCHASED — 94.5%** | **CALL OPTIONS PURCHASED — 94.5%** | **CALL OPTIONS PURCHASED — 94.5%** | **CALL OPTIONS PURCHASED — 94.5%** | **CALL OPTIONS PURCHASED — 94.5%** | |
| 6735 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $274572480 | $4.37 | 04/21/23 | 269093647 |
|  | (Cost $271,871,481) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** |
| 6735 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 274572480 | 415.90 | 04/21/23 | 15936411 |
|  | (Cost $25,886,383) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 285030058 |
|  | (Cost $297,757,864) |  |  |  |  |
| **WRITTEN OPTIONS — (0.7)%** | **WRITTEN OPTIONS — (0.7)%** | **WRITTEN OPTIONS — (0.7)%** | **WRITTEN OPTIONS — (0.7)%** | **WRITTEN OPTIONS — (0.7)%** | **WRITTEN OPTIONS — (0.7)%** |
| **CALL OPTIONS WRITTEN — (0.2)%** | **CALL OPTIONS WRITTEN — (0.2)%** | **CALL OPTIONS WRITTEN — (0.2)%** | **CALL OPTIONS WRITTEN — (0.2)%** | **CALL OPTIONS WRITTEN — (0.2)%** | **CALL OPTIONS WRITTEN — (0.2)%** |
| (6735) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (274572480) | 485.77 | 04/21/23 | (629120) |
|  | (Premiums received $4,861,092) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.5)%** | **PUT OPTIONS WRITTEN — (0.5)%** | **PUT OPTIONS WRITTEN — (0.5)%** | **PUT OPTIONS WRITTEN — (0.5)%** | **PUT OPTIONS WRITTEN — (0.5)%** | **PUT OPTIONS WRITTEN — (0.5)%** |
| (6735) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (274572480) | 306.45 | 04/21/23 | (1380181) |
|  | (Premiums received $5,974,420) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (2009301) |
|  | (Premiums received $10,835,512) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (185781) |
|  | **Net Assets — 100.0%** |  |  |  | $284850066 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - April (DAPR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $2015090 | $2015090 | $— | $— |
| Call Options Purchased | 269093647 |  | 269093647 |  |
| Put Options Purchased | 15936411 |  | 15936411 |  |
| Total | $287045148 | $2015090 | $285030058 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(629120) | $— | $(629120) | $— |
| Put Options Written | (1380181) |  | (1380181) |  |
| Total | $(2009301) | $— | $(2009301) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 2861628 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $2861628 |
|  | (Cost $2,861,628) |  |
|  | **Total Investments — 0.7%** | 2861628 |
|  | (Cost $2,861,628) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 102.0%** | **PURCHASED OPTIONS — 102.0%** | **PURCHASED OPTIONS — 102.0%** | **PURCHASED OPTIONS — 102.0%** | **PURCHASED OPTIONS — 102.0%** | |
| **CALL OPTIONS PURCHASED — 98.2%** | **CALL OPTIONS PURCHASED — 98.2%** | **CALL OPTIONS PURCHASED — 98.2%** | **CALL OPTIONS PURCHASED — 98.2%** | **CALL OPTIONS PURCHASED — 98.2%** | |
| 9727 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $396550336 | $3.90 | 05/19/23 | 388945218 |
|  | (Cost $376,755,720) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.8%** | **PUT OPTIONS PURCHASED — 3.8%** | **PUT OPTIONS PURCHASED — 3.8%** | **PUT OPTIONS PURCHASED — 3.8%** | **PUT OPTIONS PURCHASED — 3.8%** | **PUT OPTIONS PURCHASED — 3.8%** |
| 9727 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 396550336 | 389.63 | 05/19/23 | 15113852 |
|  | (Cost $31,865,433) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 404059070 |
|  | (Cost $408,621,153) |  |  |  |  |
| **WRITTEN OPTIONS — (2.6)%** | **WRITTEN OPTIONS — (2.6)%** | **WRITTEN OPTIONS — (2.6)%** | **WRITTEN OPTIONS — (2.6)%** | **WRITTEN OPTIONS — (2.6)%** | **WRITTEN OPTIONS — (2.6)%** |
| **CALL OPTIONS WRITTEN — (0.9)%** | **CALL OPTIONS WRITTEN — (0.9)%** | **CALL OPTIONS WRITTEN — (0.9)%** | **CALL OPTIONS WRITTEN — (0.9)%** | **CALL OPTIONS WRITTEN — (0.9)%** | **CALL OPTIONS WRITTEN — (0.9)%** |
| (9727) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (396550336) | 469.31 | 05/19/23 | (3453686) |
|  | (Premiums received $8,026,451) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** |
| (9727) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (396550336) | 350.67 | 05/19/23 | (7004015) |
|  | (Premiums received $19,000,581) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (10457701) |
|  | (Premiums received $27,027,032) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (243181) |
|  | **Net Assets — 100.0%** |  |  |  | $396219816 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $2861628 | $2861628 | $— | $— |
| Call Options Purchased | 388945218 |  | 388945218 |  |
| Put Options Purchased | 15113852 |  | 15113852 |  |
| Total | $406920698 | $2861628 | $404059070 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(3453686) | $— | $(3453686) | $— |
| Put Options Written | (7004015) |  | (7004015) |  |
| Total | $(10457701) | $— | $(10457701) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 1383553 | Dreyfus Government Cash Management Fund, Institutional Shares – 3.61% (a) | $1383553 |
|  | (Cost $1,383,553) |  |
|  | **Total Investments — 0.7%** | 1383553 |
|  | (Cost $1,383,553) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 102.2%** | **PURCHASED OPTIONS — 102.2%** | **PURCHASED OPTIONS — 102.2%** | **PURCHASED OPTIONS — 102.2%** | **PURCHASED OPTIONS — 102.2%** | |
| **CALL OPTIONS PURCHASED — 99.5%** | **CALL OPTIONS PURCHASED — 99.5%** | **CALL OPTIONS PURCHASED — 99.5%** | **CALL OPTIONS PURCHASED — 99.5%** | **CALL OPTIONS PURCHASED — 99.5%** | |
| 4826 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $196746368 | $3.89 | 05/19/23 | 192977849 |
|  | (Cost $188,866,375) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 2.7%** | **PUT OPTIONS PURCHASED — 2.7%** | **PUT OPTIONS PURCHASED — 2.7%** | **PUT OPTIONS PURCHASED — 2.7%** | **PUT OPTIONS PURCHASED — 2.7%** | **PUT OPTIONS PURCHASED — 2.7%** |
| 4826 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 196746368 | 370.15 | 05/19/23 | 5157885 |
|  | (Cost $12,899,281) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 198135734 |
|  | (Cost $201,765,656) |  |  |  |  |
| **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** |
| **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** |
| (4826) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (196746368) | 443.91 | 05/19/23 | (4778475) |
|  | (Premiums received $6,288,574) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** | **PUT OPTIONS WRITTEN — (0.3)%** |
| (4826) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (196746368) | 272.74 | 05/19/23 | (670511) |
|  | (Premiums received $2,694,054) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (5448986) |
|  | (Premiums received $8,982,628) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (150040) |
|  | **Net Assets — 100.0%** |  |  |  | $193920261 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1383553 | $1383553 | $— | $— |
| Call Options Purchased | 192977849 |  | 192977849 |  |
| Put Options Purchased | 5157885 |  | 5157885 |  |
| Total | $199519287 | $1383553 | $198135734 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(4778475) | $— | $(4778475) | $— |
| Put Options Written | (670511) |  | (670511) |  |
| Total | $(5448986) | $— | $(5448986) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** |
| 2563079 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $2563079 |
|  | (Cost $2,563,079) |  |
|  | **Total Investments — 0.8%** | 2563079 |
|  | (Cost $2,563,079) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.4%** | **PURCHASED OPTIONS — 103.4%** | **PURCHASED OPTIONS — 103.4%** | **PURCHASED OPTIONS — 103.4%** | **PURCHASED OPTIONS — 103.4%** | |
| **CALL OPTIONS PURCHASED — 100.6%** | **CALL OPTIONS PURCHASED — 100.6%** | **CALL OPTIONS PURCHASED — 100.6%** | **CALL OPTIONS PURCHASED — 100.6%** | **CALL OPTIONS PURCHASED — 100.6%** | |
| 8310 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $338782080 | $3.66 | 06/16/23 | 331649211 |
|  | (Cost $301,663,283) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 2.8%** | **PUT OPTIONS PURCHASED — 2.8%** | **PUT OPTIONS PURCHASED — 2.8%** | **PUT OPTIONS PURCHASED — 2.8%** | **PUT OPTIONS PURCHASED — 2.8%** | **PUT OPTIONS PURCHASED — 2.8%** |
| 8310 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 338782080 | 365.86 | 06/16/23 | 9404588 |
|  | (Cost $25,172,407) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 341053799 |
|  | (Cost $326,835,690) |  |  |  |  |
| **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** |
| **CALL OPTIONS WRITTEN — (2.7)%** | **CALL OPTIONS WRITTEN — (2.7)%** | **CALL OPTIONS WRITTEN — (2.7)%** | **CALL OPTIONS WRITTEN — (2.7)%** | **CALL OPTIONS WRITTEN — (2.7)%** | **CALL OPTIONS WRITTEN — (2.7)%** |
| (8310) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (338782080) | 447.08 | 06/16/23 | (8839900) |
|  | (Premiums received $6,288,667) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.4)%** | **PUT OPTIONS WRITTEN — (1.4)%** | **PUT OPTIONS WRITTEN — (1.4)%** | **PUT OPTIONS WRITTEN — (1.4)%** | **PUT OPTIONS WRITTEN — (1.4)%** | **PUT OPTIONS WRITTEN — (1.4)%** |
| (8310) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (338782080) | 329.27 | 06/16/23 | (4752127) |
|  | (Premiums received $15,243,515) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (13592027) |
|  | (Premiums received $21,532,182) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (214530) |
|  | **Net Assets — 100.0%** |  |  |  | $329810321 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $2563079 | $2563079 | $— | $— |
| Call Options Purchased | 331649211 |  | 331649211 |  |
| Put Options Purchased | 9404588 |  | 9404588 |  |
| Total | $343616878 | $2563079 | $341053799 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(8839900) | $— | $(8839900) | $— |
| Put Options Written | (4752127) |  | (4752127) |  |
| Total | $(13592027) | $— | $(13592027) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** |
| 1394700 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1394700 |
|  | (Cost $1,394,700) |  |
|  | **Total Investments — 0.8%** | 1394700 |
|  | (Cost $1,394,700) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 105.1%** | **PURCHASED OPTIONS — 105.1%** | **PURCHASED OPTIONS — 105.1%** | **PURCHASED OPTIONS — 105.1%** | **PURCHASED OPTIONS — 105.1%** | |
| **CALL OPTIONS PURCHASED — 103.0%** | **CALL OPTIONS PURCHASED — 103.0%** | **CALL OPTIONS PURCHASED — 103.0%** | **CALL OPTIONS PURCHASED — 103.0%** | **CALL OPTIONS PURCHASED — 103.0%** | |
| 4733 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $192954944 | $3.65 | 06/16/23 | 188896996 |
|  | (Cost $172,433,426) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 2.1%** | **PUT OPTIONS PURCHASED — 2.1%** | **PUT OPTIONS PURCHASED — 2.1%** | **PUT OPTIONS PURCHASED — 2.1%** | **PUT OPTIONS PURCHASED — 2.1%** | **PUT OPTIONS PURCHASED — 2.1%** |
| 4733 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 192954944 | 347.57 | 06/16/23 | 3819167 |
|  | (Cost $11,746,795) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 192716163 |
|  | (Cost $184,180,221) |  |  |  |  |
| **WRITTEN OPTIONS — (5.8)%** | **WRITTEN OPTIONS — (5.8)%** | **WRITTEN OPTIONS — (5.8)%** | **WRITTEN OPTIONS — (5.8)%** | **WRITTEN OPTIONS — (5.8)%** | **WRITTEN OPTIONS — (5.8)%** |
| **CALL OPTIONS WRITTEN — (5.4)%** | **CALL OPTIONS WRITTEN — (5.4)%** | **CALL OPTIONS WRITTEN — (5.4)%** | **CALL OPTIONS WRITTEN — (5.4)%** | **CALL OPTIONS WRITTEN — (5.4)%** | **CALL OPTIONS WRITTEN — (5.4)%** |
| (4733) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (192954944) | 422.90 | 06/16/23 | (9865469) |
|  | (Premiums received $7,045,866) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.4)%** | **PUT OPTIONS WRITTEN — (0.4)%** | **PUT OPTIONS WRITTEN — (0.4)%** | **PUT OPTIONS WRITTEN — (0.4)%** | **PUT OPTIONS WRITTEN — (0.4)%** | **PUT OPTIONS WRITTEN — (0.4)%** |
| (4733) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (192954944) | 256.10 | 06/16/23 | (753979) |
|  | (Premiums received $3,117,459) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (10619448) |
|  | (Premiums received $10,163,325) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (121085) |
|  | **Net Assets — 100.0%** |  |  |  | $183370330 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1394700 | $1394700 | $— | $— |
| Call Options Purchased | 188896996 |  | 188896996 |  |
| Put Options Purchased | 3819167 |  | 3819167 |  |
| Total | $194110863 | $1394700 | $192716163 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(9865469) | $— | $(9865469) | $— |
| Put Options Written | (753979) |  | (753979) |  |
| Total | $(10619448) | $— | $(10619448) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.9%** | **MONEY MARKET FUNDS — 0.9%** | **MONEY MARKET FUNDS — 0.9%** |
| 1953261 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1953261 |
|  | (Cost $1,953,261) |  |
|  | **Total Investments — 0.9%** | 1953261 |
|  | (Cost $1,953,261) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.3%** | **PURCHASED OPTIONS — 103.3%** | **PURCHASED OPTIONS — 103.3%** | **PURCHASED OPTIONS — 103.3%** | **PURCHASED OPTIONS — 103.3%** | |
| **CALL OPTIONS PURCHASED — 98.9%** | **CALL OPTIONS PURCHASED — 98.9%** | **CALL OPTIONS PURCHASED — 98.9%** | **CALL OPTIONS PURCHASED — 98.9%** | **CALL OPTIONS PURCHASED — 98.9%** | |
| 5500 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $224224000 | $3.85 | 07/21/23 | 219474882 |
|  | (Cost $209,510,442) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 4.4%** | **PUT OPTIONS PURCHASED — 4.4%** | **PUT OPTIONS PURCHASED — 4.4%** | **PUT OPTIONS PURCHASED — 4.4%** | **PUT OPTIONS PURCHASED — 4.4%** | **PUT OPTIONS PURCHASED — 4.4%** |
| 5500 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 224224000 | 385.13 | 07/21/23 | 9816617 |
|  | (Cost $17,332,315) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 229291499 |
|  | (Cost $226,842,757) |  |  |  |  |
| **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** | **WRITTEN OPTIONS — (4.1)%** |
| **CALL OPTIONS WRITTEN — (1.8)%** | **CALL OPTIONS WRITTEN — (1.8)%** | **CALL OPTIONS WRITTEN — (1.8)%** | **CALL OPTIONS WRITTEN — (1.8)%** | **CALL OPTIONS WRITTEN — (1.8)%** | **CALL OPTIONS WRITTEN — (1.8)%** |
| (5500) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (224224000) | 467.16 | 07/21/23 | (3930926) |
|  | (Premiums received $4,274,543) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.3)%** | **PUT OPTIONS WRITTEN — (2.3)%** | **PUT OPTIONS WRITTEN — (2.3)%** | **PUT OPTIONS WRITTEN — (2.3)%** | **PUT OPTIONS WRITTEN — (2.3)%** | **PUT OPTIONS WRITTEN — (2.3)%** |
| (5500) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (224224000) | 346.62 | 07/21/23 | (5191829) |
|  | (Premiums received $10,686,437) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (9122755) |
|  | (Premiums received $14,960,980) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (178464) |
|  | **Net Assets — 100.0%** |  |  |  | $221943541 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - July (FJUL)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1953261 | $1953261 | $— | $— |
| Call Options Purchased | 219474882 |  | 219474882 |  |
| Put Options Purchased | 9816617 |  | 9816617 |  |
| Total | $231244760 | $1953261 | $229291499 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3 <br> Significant <br> Unobservable<br> Inputs** |
| Call Options Written | $(3930926) | $— | $(3930926) | $— |
| Put Options Written | (5191829) |  | (5191829) |  |
| Total | $(9122755) | $— | $(9122755) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** |
| 1511701 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1511701 |
|  | (Cost $1,511,701) |  |
|  | **Total Investments — 0.8%** | 1511701 |
|  | (Cost $1,511,701) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.6%** | **PURCHASED OPTIONS — 103.6%** | **PURCHASED OPTIONS — 103.6%** | **PURCHASED OPTIONS — 103.6%** | **PURCHASED OPTIONS — 103.6%** | |
| **CALL OPTIONS PURCHASED — 100.3%** | **CALL OPTIONS PURCHASED — 100.3%** | **CALL OPTIONS PURCHASED — 100.3%** | **CALL OPTIONS PURCHASED — 100.3%** | **CALL OPTIONS PURCHASED — 100.3%** | |
| 4479 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $182599872 | $3.84 | 07/21/23 | 178736707 |
|  | (Cost $172,285,062) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.3%** | **PUT OPTIONS PURCHASED — 3.3%** | **PUT OPTIONS PURCHASED — 3.3%** | **PUT OPTIONS PURCHASED — 3.3%** | **PUT OPTIONS PURCHASED — 3.3%** | **PUT OPTIONS PURCHASED — 3.3%** |
| 4479 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 182599872 | 365.87 | 07/21/23 | 5854707 |
|  | (Cost $10,522,981) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 184591414 |
|  | (Cost $182,808,043) |  |  |  |  |
| **WRITTEN OPTIONS — (4.3)%** | **WRITTEN OPTIONS — (4.3)%** | **WRITTEN OPTIONS — (4.3)%** | **WRITTEN OPTIONS — (4.3)%** | **WRITTEN OPTIONS — (4.3)%** | **WRITTEN OPTIONS — (4.3)%** |
| **CALL OPTIONS WRITTEN — (3.7)%** | **CALL OPTIONS WRITTEN — (3.7)%** | **CALL OPTIONS WRITTEN — (3.7)%** | **CALL OPTIONS WRITTEN — (3.7)%** | **CALL OPTIONS WRITTEN — (3.7)%** | **CALL OPTIONS WRITTEN — (3.7)%** |
| (4479) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (182599872) | 442.98 | 07/21/23 | (6675462) |
|  | (Premiums received $7,200,747) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** |
| (4479) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (182599872) | 269.59 | 07/21/23 | (1116438) |
|  | (Premiums received $2,713,432) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (7791900) |
|  | (Premiums received $9,914,179) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (117916) |
|  | **Net Assets — 100.0%** |  |  |  | $178193299 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - July (DJUL)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1511701 | $1511701 | $— | $— |
| Call Options Purchased | 178736707 |  | 178736707 |  |
| Put Options Purchased | 5854707 |  | 5854707 |  |
| Total | $186103115 | $1511701 | $184591414 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(6675462) | $— | $(6675462) | $— |
| Put Options Written | (1116438) |  | (1116438) |  |
| Total | $(7791900) | $— | $(7791900) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - August (FAUG)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** |
| 3103662 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $3103662 |
|  | (Cost $3,103,662) |  |
|  | **Total Investments — 1.0%** | 3103662 |
|  | (Cost $3,103,662) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.7%** | **PURCHASED OPTIONS — 103.7%** | **PURCHASED OPTIONS — 103.7%** | **PURCHASED OPTIONS — 103.7%** | **PURCHASED OPTIONS — 103.7%** | |
| **CALL OPTIONS PURCHASED — 96.1%** | **CALL OPTIONS PURCHASED — 96.1%** | **CALL OPTIONS PURCHASED — 96.1%** | **CALL OPTIONS PURCHASED — 96.1%** | **CALL OPTIONS PURCHASED — 96.1%** | |
| 7493 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $305474624 | $4.22 | 08/18/23 | 298820840 |
|  | (Cost $305,983,932) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** |
| 7493 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 305474624 | 422.14 | 08/18/23 | 23535513 |
|  | (Cost $29,833,561) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 322356353 |
|  | (Cost $335,817,493) |  |  |  |  |
| **WRITTEN OPTIONS — (4.6)%** | **WRITTEN OPTIONS — (4.6)%** | **WRITTEN OPTIONS — (4.6)%** | **WRITTEN OPTIONS — (4.6)%** | **WRITTEN OPTIONS — (4.6)%** | **WRITTEN OPTIONS — (4.6)%** |
| **CALL OPTIONS WRITTEN — (0.5)%** | **CALL OPTIONS WRITTEN — (0.5)%** | **CALL OPTIONS WRITTEN — (0.5)%** | **CALL OPTIONS WRITTEN — (0.5)%** | **CALL OPTIONS WRITTEN — (0.5)%** | **CALL OPTIONS WRITTEN — (0.5)%** |
| (7493) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (305474624) | 508.51 | 08/18/23 | (1513586) |
|  | (Premiums received $6,359,324) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (4.1)%** | **PUT OPTIONS WRITTEN — (4.1)%** | **PUT OPTIONS WRITTEN — (4.1)%** | **PUT OPTIONS WRITTEN — (4.1)%** | **PUT OPTIONS WRITTEN — (4.1)%** | **PUT OPTIONS WRITTEN — (4.1)%** |
| (7493) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (305474624) | 379.93 | 08/18/23 | (12895453) |
|  | (Premiums received $17,380,118) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (14409039) |
|  | (Premiums received $23,739,442) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (178860) |
|  | **Net Assets — 100.0%** |  |  |  | $310872116 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - August (FAUG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $3103662 | $3103662 | $— | $— |
| Call Options Purchased | 298820840 |  | 298820840 |  |
| Put Options Purchased | 23535513 |  | 23535513 |  |
| Total | $325460015 | $3103662 | $322356353 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(1513586) | $— | $(1513586) | $— |
| Put Options Written | (12895453) |  | (12895453) |  |
| Total | $(14409039) | $— | $(14409039) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - August (DAUG)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** |
| 3079438 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $3079438 |
|  | (Cost $3,079,438) |  |
|  | **Total Investments — 1.0%** | 3079438 |
|  | (Cost $3,079,438) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 101.3%** | **PURCHASED OPTIONS — 101.3%** | **PURCHASED OPTIONS — 101.3%** | **PURCHASED OPTIONS — 101.3%** | **PURCHASED OPTIONS — 101.3%** | |
| **CALL OPTIONS PURCHASED — 95.7%** | **CALL OPTIONS PURCHASED — 95.7%** | **CALL OPTIONS PURCHASED — 95.7%** | **CALL OPTIONS PURCHASED — 95.7%** | **CALL OPTIONS PURCHASED — 95.7%** | |
| 7716 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $314565888 | $4.21 | 08/18/23 | 307390008 |
|  | (Cost $300,723,459) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** | **PUT OPTIONS PURCHASED — 5.6%** |
| 7716 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 314565888 | 401.03 | 08/18/23 | 17962848 |
|  | (Cost $26,637,550) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 325352856 |
|  | (Cost $327,361,009) |  |  |  |  |
| **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** | **WRITTEN OPTIONS — (2.2)%** |
| **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** |
| (7716) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (314565888) | 483.22 | 08/18/23 | (3996888) |
|  | (Premiums received $6,768,690) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** |
| (7716) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (314565888) | 295.50 | 08/18/23 | (3194424) |
|  | (Premiums received $6,612,151) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (7191312) |
|  | (Premiums received $13,380,841) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (206084) |
|  | **Net Assets — 100.0%** |  |  |  | $321034898 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - August (DAUG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $3079438 | $3079438 | $— | $— |
| Call Options Purchased | 307390008 |  | 307390008 |  |
| Put Options Purchased | 17962848 |  | 17962848 |  |
| Total | $328432294 | $3079438 | $325352856 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(3996888) | $— | $(3996888) | $— |
| Put Options Written | (3194424) |  | (3194424) |  |
| Total | $(7191312) | $— | $(7191312) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** |
| 2661834 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $2661834 |
|  | (Cost $2,661,834) |  |
|  | **Total Investments — 1.0%** | 2661834 |
|  | (Cost $2,661,834) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | |
| **CALL OPTIONS PURCHASED — 98.8%** | **CALL OPTIONS PURCHASED — 98.8%** | **CALL OPTIONS PURCHASED — 98.8%** | **CALL OPTIONS PURCHASED — 98.8%** | **CALL OPTIONS PURCHASED — 98.8%** | |
| 6558 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $267356544 | $3.86 | 09/15/23 | 260470644 |
|  | (Cost $245,740,515) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** |
| 6558 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 267356544 | 385.56 | 09/15/23 | 13240602 |
|  | (Cost $17,369,973) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 273711246 |
|  | (Cost $263,110,488) |  |  |  |  |
| **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** |
| **CALL OPTIONS WRITTEN — (1.9)%** | **CALL OPTIONS WRITTEN — (1.9)%** | **CALL OPTIONS WRITTEN — (1.9)%** | **CALL OPTIONS WRITTEN — (1.9)%** | **CALL OPTIONS WRITTEN — (1.9)%** | **CALL OPTIONS WRITTEN — (1.9)%** |
| (6558) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (267356544) | 475.82 | 09/15/23 | (4970964) |
|  | (Premiums received $5,228,547) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** |
| (6558) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (267356544) | 347.00 | 09/15/23 | (7554816) |
|  | (Premiums received $9,766,058) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (12525780) |
|  | (Premiums received $14,994,605) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (144982) |
|  | **Net Assets — 100.0%** |  |  |  | $263702318 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - September (FSEP)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $2661834 | $2661834 | $— | $— |
| Call Options Purchased | 260470644 |  | 260470644 |  |
| Put Options Purchased | 13240602 |  | 13240602 |  |
| Total | $276373080 | $2661834 | $273711246 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(4970964) | $— | $(4970964) | $— |
| Put Options Written | (7554816) |  | (7554816) |  |
| Total | $(12525780) | $— | $(12525780) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - September (DSEP)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** |
| 2924459 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $2924459 |
|  | (Cost $2,924,459) |  |
|  | **Total Investments — 1.0%** | 2924459 |
|  | (Cost $2,924,459) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | **PURCHASED OPTIONS — 103.8%** | |
| **CALL OPTIONS PURCHASED — 99.9%** | **CALL OPTIONS PURCHASED — 99.9%** | **CALL OPTIONS PURCHASED — 99.9%** | **CALL OPTIONS PURCHASED — 99.9%** | **CALL OPTIONS PURCHASED — 99.9%** | |
| 7476 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $304781568 | $3.85 | 09/15/23 | 297712082 |
|  | (Cost $276,953,833) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** |
| 7476 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 304781568 | 366.28 | 09/15/23 | 11634151 |
|  | (Cost $19,707,778) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 309346233 |
|  | (Cost $296,661,611) |  |  |  |  |
| **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** | **WRITTEN OPTIONS — (4.7)%** |
| **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** |
| (7476) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (304781568) | 451.03 | 09/15/23 | (11471972) |
|  | (Premiums received $8,242,848) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** |
| (7476) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (304781568) | 269.89 | 09/15/23 | (2658003) |
|  | (Premiums received $5,084,800) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (14129975) |
|  | (Premiums received $13,327,648) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (160857) |
|  | **Net Assets — 100.0%** |  |  |  | $297979860 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - September (DSEP)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $2924459 | $2924459 | $— | $— |
| Call Options Purchased | 297712082 |  | 297712082 |  |
| Put Options Purchased | 11634151 |  | 11634151 |  |
| Total | $312270692 | $2924459 | $309346233 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(11471972) | $— | $(11471972) | $— |
| Put Options Written | (2658003) |  | (2658003) |  |
| Total | $(14129975) | $— | $(14129975) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - October (FOCT)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** |
| 3403644 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $3403644 |
|  | (Cost $3,403,644) |  |
|  | **Total Investments — 1.1%** | 3403644 |
|  | (Cost $3,403,644) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 104.2%** | **PURCHASED OPTIONS — 104.2%** | **PURCHASED OPTIONS — 104.2%** | **PURCHASED OPTIONS — 104.2%** | **PURCHASED OPTIONS — 104.2%** | |
| **CALL OPTIONS PURCHASED — 99.6%** | **CALL OPTIONS PURCHASED — 99.6%** | **CALL OPTIONS PURCHASED — 99.6%** | **CALL OPTIONS PURCHASED — 99.6%** | **CALL OPTIONS PURCHASED — 99.6%** | |
| 7964 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $324676352 | $3.74 | 10/20/23 | 317618902 |
|  | (Cost $292,698,234) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** |
| 7964 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 324676352 | 374.29 | 10/20/23 | 14822146 |
|  | (Cost $24,578,771) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 332441048 |
|  | (Cost $317,277,005) |  |  |  |  |
| **WRITTEN OPTIONS — (5.2)%** | **WRITTEN OPTIONS — (5.2)%** | **WRITTEN OPTIONS — (5.2)%** | **WRITTEN OPTIONS — (5.2)%** | **WRITTEN OPTIONS — (5.2)%** | **WRITTEN OPTIONS — (5.2)%** |
| **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** | **CALL OPTIONS WRITTEN — (2.5)%** |
| (7964) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (324676352) | 475.80 | 10/20/23 | (7951321) |
|  | (Premiums received $5,564,435) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** |
| (7964) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (324676352) | 336.86 | 10/20/23 | (8769471) |
|  | (Premiums received $15,121,916) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (16720792) |
|  | (Premiums received $20,686,351) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (194329) |
|  | **Net Assets — 100.0%** |  |  |  | $318929571 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - October (FOCT)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $3403644 | $3403644 | $— | $— |
| Call Options Purchased | 317618902 |  | 317618902 |  |
| Put Options Purchased | 14822146 |  | 14822146 |  |
| Total | $335844692 | $3403644 | $332441048 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(7951321) | $— | $(7951321) | $— |
| Put Options Written | (8769471) |  | (8769471) |  |
| Total | $(16720792) | $— | $(16720792) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - October (DOCT)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** |
| 2759730 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $2759730 |
|  | (Cost $2,759,730) |  |
|  | **Total Investments — 1.0%** | 2759730 |
|  | (Cost $2,759,730) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 105.2%** | **PURCHASED OPTIONS — 105.2%** | **PURCHASED OPTIONS — 105.2%** | **PURCHASED OPTIONS — 105.2%** | **PURCHASED OPTIONS — 105.2%** | |
| **CALL OPTIONS PURCHASED — 101.5%** | **CALL OPTIONS PURCHASED — 101.5%** | **CALL OPTIONS PURCHASED — 101.5%** | **CALL OPTIONS PURCHASED — 101.5%** | **CALL OPTIONS PURCHASED — 101.5%** | |
| 6694 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $272900992 | $3.73 | 10/20/23 | 266975389 |
|  | (Cost $248,707,850) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** | **PUT OPTIONS PURCHASED — 3.7%** |
| 6694 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 272900992 | 355.58 | 10/20/23 | 9637474 |
|  | (Cost $15,710,213) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 276612863 |
|  | (Cost $264,418,063) |  |  |  |  |
| **WRITTEN OPTIONS — (6.1)%** | **WRITTEN OPTIONS — (6.1)%** | **WRITTEN OPTIONS — (6.1)%** | **WRITTEN OPTIONS — (6.1)%** | **WRITTEN OPTIONS — (6.1)%** | **WRITTEN OPTIONS — (6.1)%** |
| **CALL OPTIONS WRITTEN — (5.2)%** | **CALL OPTIONS WRITTEN — (5.2)%** | **CALL OPTIONS WRITTEN — (5.2)%** | **CALL OPTIONS WRITTEN — (5.2)%** | **CALL OPTIONS WRITTEN — (5.2)%** | **CALL OPTIONS WRITTEN — (5.2)%** |
| (6694) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (272900992) | 446.15 | 10/20/23 | (13624850) |
|  | (Premiums received $9,976,970) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** | **PUT OPTIONS WRITTEN — (0.9)%** |
| (6694) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (272900992) | 262.00 | 10/20/23 | (2387332) |
|  | (Premiums received $4,001,237) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (16012182) |
|  | (Premiums received $13,978,207) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (145643) |
|  | **Net Assets — 100.0%** |  |  |  | $263214768 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - October (DOCT)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $2759730 | $2759730 | $— | $— |
| Call Options Purchased | 266975389 |  | 266975389 |  |
| Put Options Purchased | 9637474 |  | 9637474 |  |
| Total | $279372593 | $2759730 | $276612863 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(13624850) | $— | $(13624850) | $— |
| Put Options Written | (2387332) |  | (2387332) |  |
| Total | $(16012182) | $— | $(16012182) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - November (FNOV)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.2%** | **MONEY MARKET FUNDS — 1.2%** | **MONEY MARKET FUNDS — 1.2%** |
| 3881886 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $3881886 |
|  | (Cost $3,881,886) |  |
|  | **Total Investments — 1.2%** | 3881886 |
|  | (Cost $3,881,886) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 104.7%** | **PURCHASED OPTIONS — 104.7%** | **PURCHASED OPTIONS — 104.7%** | **PURCHASED OPTIONS — 104.7%** | **PURCHASED OPTIONS — 104.7%** | |
| **CALL OPTIONS PURCHASED — 98.4%** | **CALL OPTIONS PURCHASED — 98.4%** | **CALL OPTIONS PURCHASED — 98.4%** | **CALL OPTIONS PURCHASED — 98.4%** | **CALL OPTIONS PURCHASED — 98.4%** | |
| 8254 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $336499072 | $3.96 | 11/17/23 | 327840626 |
|  | (Cost $316,982,698) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 6.3%** | **PUT OPTIONS PURCHASED — 6.3%** | **PUT OPTIONS PURCHASED — 6.3%** | **PUT OPTIONS PURCHASED — 6.3%** | **PUT OPTIONS PURCHASED — 6.3%** | **PUT OPTIONS PURCHASED — 6.3%** |
| 8254 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 336499072 | 396.03 | 11/17/23 | 21188018 |
|  | (Cost $26,204,612) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 349028644 |
|  | (Cost $343,187,310) |  |  |  |  |
| **WRITTEN OPTIONS — (5.9)%** | **WRITTEN OPTIONS — (5.9)%** | **WRITTEN OPTIONS — (5.9)%** | **WRITTEN OPTIONS — (5.9)%** | **WRITTEN OPTIONS — (5.9)%** | **WRITTEN OPTIONS — (5.9)%** |
| **CALL OPTIONS WRITTEN — (2.1)%** | **CALL OPTIONS WRITTEN — (2.1)%** | **CALL OPTIONS WRITTEN — (2.1)%** | **CALL OPTIONS WRITTEN — (2.1)%** | **CALL OPTIONS WRITTEN — (2.1)%** | **CALL OPTIONS WRITTEN — (2.1)%** |
| (8254) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (336499072) | 490.17 | 11/17/23 | (6801296) |
|  | (Premiums received $4,723,183) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (3.8)%** | **PUT OPTIONS WRITTEN — (3.8)%** | **PUT OPTIONS WRITTEN — (3.8)%** | **PUT OPTIONS WRITTEN — (3.8)%** | **PUT OPTIONS WRITTEN — (3.8)%** | **PUT OPTIONS WRITTEN — (3.8)%** |
| (8254) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (336499072) | 356.43 | 11/17/23 | (12727668) |
|  | (Premiums received $14,982,601) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (19528964) |
|  | (Premiums received $19,705,784) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | **Net Other Assets and Liabilities — (0.0)%** |  |  | (157375) |
|  | **Net Assets — 100.0%** |  |  |  | $333224191 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - November (FNOV)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $3881886 | $3881886 | $— | $— |
| Call Options Purchased | 327840626 |  | 327840626 |  |
| Put Options Purchased | 21188018 |  | 21188018 |  |
| Total | $352910530 | $3881886 | $349028644 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(6801296) | $— | $(6801296) | $— |
| Put Options Written | (12727668) |  | (12727668) |  |
| Total | $(19528964) | $— | $(19528964) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - November (DNOV)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** |
| 3783774 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $3783774 |
|  | (Cost $3,783,774) |  |
|  | **Total Investments — 1.1%** | 3783774 |
|  | (Cost $3,783,774) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 104.0%** | **PURCHASED OPTIONS — 104.0%** | **PURCHASED OPTIONS — 104.0%** | **PURCHASED OPTIONS — 104.0%** | **PURCHASED OPTIONS — 104.0%** | |
| **CALL OPTIONS PURCHASED — 99.0%** | **CALL OPTIONS PURCHASED — 99.0%** | **CALL OPTIONS PURCHASED — 99.0%** | **CALL OPTIONS PURCHASED — 99.0%** | **CALL OPTIONS PURCHASED — 99.0%** | |
| 8223 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $335235264 | $3.95 | 11/17/23 | 326617560 |
|  | (Cost $316,190,369) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** | **PUT OPTIONS PURCHASED — 5.0%** |
| 8223 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 335235264 | 376.23 | 11/17/23 | 16487115 |
|  | (Cost $20,427,931) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 343104675 |
|  | (Cost $336,618,300) |  |  |  |  |
| **WRITTEN OPTIONS — (5.0)%** | **WRITTEN OPTIONS — (5.0)%** | **WRITTEN OPTIONS — (5.0)%** | **WRITTEN OPTIONS — (5.0)%** | **WRITTEN OPTIONS — (5.0)%** | **WRITTEN OPTIONS — (5.0)%** |
| **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** | **CALL OPTIONS WRITTEN — (3.8)%** |
| (8223) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (335235264) | 464.11 | 11/17/23 | (12729204) |
|  | (Premiums received $9,768,024) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.2)%** | **PUT OPTIONS WRITTEN — (1.2)%** | **PUT OPTIONS WRITTEN — (1.2)%** | **PUT OPTIONS WRITTEN — (1.2)%** | **PUT OPTIONS WRITTEN — (1.2)%** | **PUT OPTIONS WRITTEN — (1.2)%** |
| (8223) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (335235264) | 277.22 | 11/17/23 | (3889479) |
|  | (Premiums received $4,492,885) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (16618683) |
|  | (Premiums received $14,260,909) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (198087) |
|  | **Net Assets — 100.0%** |  |  |  | $330071679 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - November (DNOV)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $3783774 | $3783774 | $— | $— |
| Call Options Purchased | 326617560 |  | 326617560 |  |
| Put Options Purchased | 16487115 |  | 16487115 |  |
| Total | $346888449 | $3783774 | $343104675 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(12729204) | $— | $(12729204) | $— |
| Put Options Written | (3889479) |  | (3889479) |  |
| Total | $(16618683) | $— | $(16618683) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - December (FDEC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** |
| 835261 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $835261 |
|  | (Cost $835,261) |  |
|  | **Total Investments — 0.4%** | 835261 |
|  | (Cost $835,261) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 102.5%** | **PURCHASED OPTIONS — 102.5%** | **PURCHASED OPTIONS — 102.5%** | **PURCHASED OPTIONS — 102.5%** | **PURCHASED OPTIONS — 102.5%** | |
| **CALL OPTIONS PURCHASED — 90.2%** | **CALL OPTIONS PURCHASED — 90.2%** | **CALL OPTIONS PURCHASED — 90.2%** | **CALL OPTIONS PURCHASED — 90.2%** | **CALL OPTIONS PURCHASED — 90.2%** | |
| 4378 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $178482304 | $4.60 | 12/16/22 | 175081700 |
|  | (Cost $193,440,889) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 12.3%** | **PUT OPTIONS PURCHASED — 12.3%** | **PUT OPTIONS PURCHASED — 12.3%** | **PUT OPTIONS PURCHASED — 12.3%** | **PUT OPTIONS PURCHASED — 12.3%** | **PUT OPTIONS PURCHASED — 12.3%** |
| 4378 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 178482304 | 459.87 | 12/16/22 | 23807097 |
|  | (Cost $22,510,586) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 198888797 |
|  | (Cost $215,951,475) |  |  |  |  |
| **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** | **WRITTEN OPTIONS — (2.8)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (4378) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (178482304) | 520.11 | 12/16/22 | (1691) |
|  | (Premiums received $2,102,178) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** | **PUT OPTIONS WRITTEN — (2.8)%** |
| (4378) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (178482304) | 413.88 | 12/16/22 | (5411634) |
|  | (Premiums received $10,678,460) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (5413325) |
|  | (Premiums received $12,780,638) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (139178) |
|  | **Net Assets — 100.0%** |  |  |  | $194171555 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Buffer ETF - December (FDEC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $835261 | $835261 | $— | $— |
| Call Options Purchased | 175081700 |  | 175081700 |  |
| Put Options Purchased | 23807097 |  | 23807097 |  |
| Total | $199724058 | $835261 | $198888797 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(1691) | $— | $(1691) | $— |
| Put Options Written | (5411634) |  | (5411634) |  |
| Total | $(5413325) | $— | $(5413325) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - December (DDEC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** |
| 929800 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $929800 |
|  | (Cost $929,800) |  |
|  | **Total Investments — 0.4%** | 929800 |
|  | (Cost $929,800) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | **PURCHASED OPTIONS — 99.7%** | |
| **CALL OPTIONS PURCHASED — 92.4%** | **CALL OPTIONS PURCHASED — 92.4%** | **CALL OPTIONS PURCHASED — 92.4%** | **CALL OPTIONS PURCHASED — 92.4%** | **CALL OPTIONS PURCHASED — 92.4%** | |
| 5116 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $208569088 | $4.59 | 12/16/22 | 204600349 |
|  | (Cost $218,337,548) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** | **PUT OPTIONS PURCHASED — 7.3%** |
| 5116 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 208569088 | 436.88 | 12/16/22 | 16189164 |
|  | (Cost $21,374,142) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 220789513 |
|  | (Cost $239,711,690) |  |  |  |  |
| **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (5116) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (208569088) | 497.12 | 12/16/22 | (2579) |
|  | (Premiums received $2,638,076) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.0)%** | **PUT OPTIONS WRITTEN — (0.0)%** | **PUT OPTIONS WRITTEN — (0.0)%** | **PUT OPTIONS WRITTEN — (0.0)%** | **PUT OPTIONS WRITTEN — (0.0)%** | **PUT OPTIONS WRITTEN — (0.0)%** |
| (5116) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (208569088) | 321.91 | 12/16/22 | (35156) |
|  | (Premiums received $3,320,097) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (37735) |
|  | (Premiums received $5,958,173) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (181256) |
|  | **Net Assets — 100.0%** |  |  |  | $221500322 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Deep Buffer ETF - December (DDEC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $929800 | $929800 | $— | $— |
| Call Options Purchased | 204600349 |  | 204600349 |  |
| Put Options Purchased | 16189164 |  | 16189164 |  |
| Total | $221719313 | $929800 | $220789513 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(2579) | $— | $(2579) | $— |
| Put Options Written | (35156) |  | (35156) |  |
| Total | $(37735) | $— | $(37735) | $— |

---

---

| |
|:---|
| **FT Cboe Vest Buffered Allocation Defensive ETF (BUFT)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Exchange-Traded Funds — 100.0%** |  |
|  | ***Capital Markets (a) — 100.0%*** |  |
| 1004530 | FT Cboe Vest U.S. Equity Deep Buffer ETF - January (b) | $30959615 |
| 929805 | FT Cboe Vest U.S. Equity Deep Buffer ETF - June (b) | 30695559 |
| 855496 | FT Cboe Vest U.S. Equity Deep Buffer ETF - July (b) | 27059338 |
| 895230 | FT Cboe Vest U.S. Equity Deep Buffer ETF - October (b) | 28647360 |
| 813047 | FT Cboe Vest U.S. Equity Deep Buffer ETF - November (b) | 27293988 |
|  | **Total Exchange-Traded Funds — 100.0%** | 144655860 |
|  | (Cost $142,951,604) |  |
|  | **Money Market Funds — 0.0%** |  |
| 46261 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (c) | 46261 |
|  | (Cost $46,261) |  |
|  | **Total Investments — 100.0%** | 144702121 |
|  | (Cost $142,997,865) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (25785) |
|  | **Net Assets — 100.0%** | $144676336 |

---

(a) Represents investments in affiliated funds.

(b) Non-income producing security.

(c) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Exchange-Traded Funds\* | $144655860 | $144655860 | $— | $— |
| Money Market Funds | 46261 | 46261 |  |  |
| Total Investments | $144702121 | $144702121 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **FT Cboe Vest Buffered Allocation Defensive ETF (BUFT)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Affiliated Transactions** |
| Amounts related to investments in affiliated funds at November 30, 2022, and for the fiscal year-to-date period (September 1, 2022 to November 30, 2022) are as follows:  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Name** | **Shares at 11/30/2022** | **Value at 8/31/2022** | **Purchases** | **Sales** | **Change in Unrealized Appreciation (Depreciation)** | **Realized**<br> **Gain**<br> **(Loss)** | **Value at 11/30/2022** | **Dividend Income** |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - January | 1004530 | $— | $35763291 | $(5214894) | $367433 | $43785 | $30959615 | $— |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May |  | 27695088 | 30220945 | (58176928) | 561439 | (300544) |  |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 929805 | 33229031 | 7248271 | (10337706) | 575205 | (19242) | 30695559 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - July | 855496 | 28339734 | 5371904 | (7201675) | 538224 | 11151 | 27059338 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - October | 895230 |  | 31773616 | (3226549) | 107428 | (7135) | 28647360 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - November | 813047 | 36265081 | 37525900 | (46769219) | 188689 | 83537 | 27293988 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - December |  | 29300856 | 12730968 | (42142596) | 49179 | 61593 |  |  |
|  |  | $154829790 | $160634895 | $(173069567) | $2387597 | $(126855) | $144655860 | $— |

---

---

| |
|:---|
| **FT Cboe Vest Buffered Allocation Growth ETF (BUFG)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Exchange-Traded Funds — 100.0%** |  |
|  | ***Capital Markets (a) — 100.0%*** |  |
| 906734 | FT Cboe Vest U.S. Equity Buffer ETF - April (b) | $27319895 |
| 727929 | FT Cboe Vest U.S. Equity Buffer ETF - May (b) | 26656760 |
| 868361 | FT Cboe Vest U.S. Equity Buffer ETF - August (b) | 31298249 |
| 769377 | FT Cboe Vest U.S. Equity Buffer ETF - November (b) | 28390011 |
| 1325689 | FT Cboe Vest U.S. Equity Buffer ETF - December (b) | 43889188 |
|  | **Total Exchange-Traded Funds — 100.0%** | 157554103 |
|  | (Cost $152,940,169) |  |
|  | **Money Market Funds — 0.0%** |  |
| 47217 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (c) | 47217 |
|  | (Cost $47,217) |  |
|  | **Total Investments — 100.0%** | 157601320 |
|  | (Cost $152,987,386) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (26179) |
|  | **Net Assets — 100.0%** | $157575141 |

---

(a) Represents investments in affiliated funds.

(b) Non-income producing security.

(c) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Exchange-Traded Funds\* | $157554103 | $157554103 | $— | $— |
| Money Market Funds | 47217 | 47217 |  |  |
| Total Investments | $157601320 | $157601320 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **FT Cboe Vest Buffered Allocation Growth ETF (BUFG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Affiliated Transactions** |
| Amounts related to investments in affiliated funds at November 30, 2022, and for the fiscal year-to-date period (September 1, 2022 to November 30, 2022) are as follows: |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Name** | **Shares at 11/30/2022** | **Value at 8/31/2022** | **Purchases** | **Sales** | **Change in Unrealized Appreciation (Depreciation)** | **Realized Gain (Loss)** | **Value at 11/30/2022** | **Dividend Income** |
| FT Cboe Vest U.S. Equity Buffer ETF - January |  | $30494147 | $37261692 | $(67974586) | $868884 | $(650137) | $— | $— |
| FT Cboe Vest U.S. Equity Buffer ETF - February |  | 31696575 |  | (31049068) | 1004477 | (1651984) |  |  |
| FT Cboe Vest U.S. Equity Buffer ETF - March |  | 32415210 | 35912212 | (68423558) | 22462 | 73674 |  |  |
| FT Cboe Vest U.S. Equity Buffer ETF - April | 906734 | 34030426 | 11921685 | (19180861) | 777105 | (228460) | 27319895 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - May | 727929 |  | 27123801 | (648657) | 181982 | (366) | 26656760 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - August | 868361 | 34782628 | 32173552 | (35025306) | (138158) | (494467) | 31298249 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - October |  |  | 35534534 | (35526482) |  | (8052) |  |  |
| FT Cboe Vest U.S. Equity Buffer ETF - November | 769377 |  | 71033406 | (44953732) | 1466484 | 843853 | 28390011 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - December | 1325689 |  | 51531426 | (9845363) | 2099554 | 103571 | 43889188 |  |
|  |  | $163418986 | $302492308 | $(312627613) | $6282790 | $(2012368) | $157554103 | $— |

---

**Additional Information**

**First Trust Exchange-Traded Fund VIII**

**November 30, 2022 (Unaudited)**

**Valuation Inputs**

The Funds are 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.

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - March (YMAR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** |
| 130395 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $130395 |
|  | (Cost $130,395) |  |
|  | **Total Investments — 0.8%** | 130395 |
|  | (Cost $130,395) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 102.7%** | **PURCHASED OPTIONS — 102.7%** | **PURCHASED OPTIONS — 102.7%** | **PURCHASED OPTIONS — 102.7%** | **PURCHASED OPTIONS — 102.7%** | |
| **CALL OPTIONS PURCHASED — 93.0%** | **CALL OPTIONS PURCHASED — 93.0%** | **CALL OPTIONS PURCHASED — 93.0%** | **CALL OPTIONS PURCHASED — 93.0%** | **CALL OPTIONS PURCHASED — 93.0%** | |
| 2290 | iShares MSCI EAFE ETF | $15370480 | $0.74 | 03/17/23 | 15055681 |
|  | (Cost $16,596,405) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 9.7%** | **PUT OPTIONS PURCHASED — 9.7%** | **PUT OPTIONS PURCHASED — 9.7%** | **PUT OPTIONS PURCHASED — 9.7%** | **PUT OPTIONS PURCHASED — 9.7%** | **PUT OPTIONS PURCHASED — 9.7%** |
| 2290 | iShares MSCI EAFE ETF | 15370480 | 73.77 | 03/17/23 | 1578036 |
|  | (Cost $1,575,998) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 16633717 |
|  | (Cost $18,172,403) |  |  |  |  |
| **WRITTEN OPTIONS — (3.4)%** | **WRITTEN OPTIONS — (3.4)%** | **WRITTEN OPTIONS — (3.4)%** | **WRITTEN OPTIONS — (3.4)%** | **WRITTEN OPTIONS — (3.4)%** | **WRITTEN OPTIONS — (3.4)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (2290) | iShares MSCI EAFE ETF | (15370480) | 89.04 | 03/17/23 | (2718) |
|  | (Premiums received $59,193) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (3.4)%** | **PUT OPTIONS WRITTEN — (3.4)%** | **PUT OPTIONS WRITTEN — (3.4)%** | **PUT OPTIONS WRITTEN — (3.4)%** | **PUT OPTIONS WRITTEN — (3.4)%** | **PUT OPTIONS WRITTEN — (3.4)%** |
| (2290) | iShares MSCI EAFE ETF | (15370480) | 66.39 | 03/17/23 | (554202) |
|  | (Premiums received $665,042) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (556920) |
|  | (Premiums received $724,235) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (14725) |
|  | **Net Assets — 100.0%** |  |  |  | $16192467 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - March (YMAR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $130395 | $130395 | $— | $— |
| Call Options Purchased | 15055681 |  | 15055681 |  |
| Put Options Purchased | 1578036 |  | 1578036 |  |
| Total | $16764112 | $130395 | $16633717 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(2718) | $— | $(2718) | $— |
| Put Options Written | (554202) |  | (554202) |  |
| Total | $(556920) | $— | $(556920) | $— |

---

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - March (QMAR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 331937 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $331937 |
|  | (Cost $331,937) |  |
|  | **Total Investments — 0.7%** | 331937 |
|  | (Cost $331,937) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 108.0%** | **PURCHASED OPTIONS — 108.0%** | **PURCHASED OPTIONS — 108.0%** | **PURCHASED OPTIONS — 108.0%** | **PURCHASED OPTIONS — 108.0%** | |
| **CALL OPTIONS PURCHASED — 90.6%** | **CALL OPTIONS PURCHASED — 90.6%** | **CALL OPTIONS PURCHASED — 90.6%** | **CALL OPTIONS PURCHASED — 90.6%** | **CALL OPTIONS PURCHASED — 90.6%** | |
| 1429 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | $41921144 | $3.52 | 03/17/23 | 41318420 |
|  | (Cost $48,159,213) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 17.4%** | **PUT OPTIONS PURCHASED — 17.4%** | **PUT OPTIONS PURCHASED — 17.4%** | **PUT OPTIONS PURCHASED — 17.4%** | **PUT OPTIONS PURCHASED — 17.4%** | **PUT OPTIONS PURCHASED — 17.4%** |
| 1429 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | 41921144 | 351.50 | 03/17/23 | 7916416 |
|  | (Cost $5,954,793) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 49234836 |
|  | (Cost $54,114,006) |  |  |  |  |
| **WRITTEN OPTIONS — (8.6)%** | **WRITTEN OPTIONS — (8.6)%** | **WRITTEN OPTIONS — (8.6)%** | **WRITTEN OPTIONS — (8.6)%** | **WRITTEN OPTIONS — (8.6)%** | **WRITTEN OPTIONS — (8.6)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (1429) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (41921144) | 412.13 | 03/17/23 | (4838) |
|  | (Premiums received $984,661) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (8.6)%** | **PUT OPTIONS WRITTEN — (8.6)%** | **PUT OPTIONS WRITTEN — (8.6)%** | **PUT OPTIONS WRITTEN — (8.6)%** | **PUT OPTIONS WRITTEN — (8.6)%** | **PUT OPTIONS WRITTEN — (8.6)%** |
| (1429) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (41921144) | 316.35 | 03/17/23 | (3930193) |
|  | (Premiums received $3,139,415) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (3935031) |
|  | (Premiums received $4,124,076) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (30758) |
|  | **Net Assets — 100.0%** |  |  |  | $45600984 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - March (QMAR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $331937 | $331937 | $— | $— |
| Call Options Purchased | 41318420 |  | 41318420 |  |
| Put Options Purchased | 7916416 |  | 7916416 |  |
| Total | $49566773 | $331937 | $49234836 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(4838) | $— | $(4838) | $— |
| Put Options Written | (3930193) |  | (3930193) |  |
| Total | $(3935031) | $— | $(3935031) | $— |

---

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - June (YJUN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.9%** | **MONEY MARKET FUNDS — 0.9%** | **MONEY MARKET FUNDS — 0.9%** |
| 551002 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $551002 |
|  | (Cost $551,002) |  |
|  | **Total Investments — 0.9%** | 551002 |
|  | (Cost $551,002) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 102.1%** | **PURCHASED OPTIONS — 102.1%** | **PURCHASED OPTIONS — 102.1%** | **PURCHASED OPTIONS — 102.1%** | **PURCHASED OPTIONS — 102.1%** | |
| **CALL OPTIONS PURCHASED — 98.7%** | **CALL OPTIONS PURCHASED — 98.7%** | **CALL OPTIONS PURCHASED — 98.7%** | **CALL OPTIONS PURCHASED — 98.7%** | **CALL OPTIONS PURCHASED — 98.7%** | |
| 9229 | iShares MSCI EAFE ETF | $61945048 | $0.61 | 06/16/23 | 59814132 |
|  | (Cost $55,174,728) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.4%** | **PUT OPTIONS PURCHASED — 3.4%** | **PUT OPTIONS PURCHASED — 3.4%** | **PUT OPTIONS PURCHASED — 3.4%** | **PUT OPTIONS PURCHASED — 3.4%** | **PUT OPTIONS PURCHASED — 3.4%** |
| 9229 | iShares MSCI EAFE ETF | 61945048 | 61.48 | 06/16/23 | 2041016 |
|  | (Cost $4,104,633) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 61855148 |
|  | (Cost $59,279,361) |  |  |  |  |
| **WRITTEN OPTIONS — (2.9)%** | **WRITTEN OPTIONS — (2.9)%** | **WRITTEN OPTIONS — (2.9)%** | **WRITTEN OPTIONS — (2.9)%** | **WRITTEN OPTIONS — (2.9)%** | **WRITTEN OPTIONS — (2.9)%** |
| **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** | **CALL OPTIONS WRITTEN — (1.2)%** |
| (9229) | iShares MSCI EAFE ETF | (61945048) | 76.36 | 06/16/23 | (726867) |
|  | (Premiums received $477,572) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** | **PUT OPTIONS WRITTEN — (1.7)%** |
| (9229) | iShares MSCI EAFE ETF | (61945048) | 55.53 | 06/16/23 | (1069126) |
|  | (Premiums received $2,316,781) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (1795993) |
|  | (Premiums received $2,794,353) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (36544) |
|  | **Net Assets — 100.0%** |  |  |  | $60573613 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - June (YJUN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $551002 | $551002 | $— | $— |
| Call Options Purchased | 59814132 |  | 59814132 |  |
| Put Options Purchased | 2041016 |  | 2041016 |  |
| Total | $62406150 | $551002 | $61855148 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(726867) | $— | $(726867) | $— |
| Put Options Written | (1069126) |  | (1069126) |  |
| Total | $(1795993) | $— | $(1795993) | $— |

---

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - June (QJUN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** | **MONEY MARKET FUNDS — 0.8%** |
| 837991 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $837991 |
|  | (Cost $837,991) |  |
|  | **Total Investments — 0.8%** | 837991 |
|  | (Cost $837,991) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 104.1%** | **PURCHASED OPTIONS — 104.1%** | **PURCHASED OPTIONS — 104.1%** | **PURCHASED OPTIONS — 104.1%** | **PURCHASED OPTIONS — 104.1%** | |
| **CALL OPTIONS PURCHASED — 99.3%** | **CALL OPTIONS PURCHASED — 99.3%** | **CALL OPTIONS PURCHASED — 99.3%** | **CALL OPTIONS PURCHASED — 99.3%** | **CALL OPTIONS PURCHASED — 99.3%** | |
| 3554 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | $104260144 | $2.76 | 06/16/23 | 102839006 |
|  | (Cost $99,979,912) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 4.8%** | **PUT OPTIONS PURCHASED — 4.8%** | **PUT OPTIONS PURCHASED — 4.8%** | **PUT OPTIONS PURCHASED — 4.8%** | **PUT OPTIONS PURCHASED — 4.8%** | **PUT OPTIONS PURCHASED — 4.8%** |
| 3554 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | 104260144 | 274.70 | 06/16/23 | 4973979 |
|  | (Cost $8,713,800) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 107812985 |
|  | (Cost $108,693,712) |  |  |  |  |
| **WRITTEN OPTIONS — (4.9)%** | **WRITTEN OPTIONS — (4.9)%** | **WRITTEN OPTIONS — (4.9)%** | **WRITTEN OPTIONS — (4.9)%** | **WRITTEN OPTIONS — (4.9)%** | **WRITTEN OPTIONS — (4.9)%** |
| **CALL OPTIONS WRITTEN — (2.2)%** | **CALL OPTIONS WRITTEN — (2.2)%** | **CALL OPTIONS WRITTEN — (2.2)%** | **CALL OPTIONS WRITTEN — (2.2)%** | **CALL OPTIONS WRITTEN — (2.2)%** | **CALL OPTIONS WRITTEN — (2.2)%** |
| (3554) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (104260144) | 343.92 | 06/16/23 | (2304537) |
|  | (Premiums received $4,246,877) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** | **PUT OPTIONS WRITTEN — (2.7)%** |
| (3554) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (104260144) | 247.23 | 06/16/23 | (2748260) |
|  | (Premiums received $5,510,892) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (5052797) |
|  | (Premiums received $9,757,769) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | **Net Other Assets and Liabilities — (0.0)%** |  |  | (70224) |
|  | **Net Assets — 100.0%** |  |  |  | $103527955 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - June (QJUN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $837991 | $837991 | $— | $— |
| Call Options Purchased | 102839006 |  | 102839006 |  |
| Put Options Purchased | 4973979 |  | 4973979 |  |
| Total | $108650976 | $837991 | $107812985 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(2304537) | $— | $(2304537) | $— |
| Put Options Written | (2748260) |  | (2748260) |  |
| Total | $(5052797) | $— | $(5052797) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - June (XJUN)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** | **MONEY MARKET FUNDS — 0.7%** |
| 1131984 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $1131984 |
|  | (Cost $1,131,984) |  |
|  | **Total Investments — 0.7%** | 1131984 |
|  | (Cost $1,131,984) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 119.9%** | **PURCHASED OPTIONS — 119.9%** | **PURCHASED OPTIONS — 119.9%** | **PURCHASED OPTIONS — 119.9%** | **PURCHASED OPTIONS — 119.9%** | |
| **CALL OPTIONS PURCHASED — 117.0%** | **CALL OPTIONS PURCHASED — 117.0%** | **CALL OPTIONS PURCHASED — 117.0%** | **CALL OPTIONS PURCHASED — 117.0%** | **CALL OPTIONS PURCHASED — 117.0%** | |
| 4099 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $167108032 | $3.67 | 06/16/23 | 163585671 |
| 4099 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 167108032 | 365.87 | 06/16/23 | 23567915 |
|  | **Total Call Options Purchased** |  |  |  | 187153586 |
|  | (Cost $173,743,709) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 2.9%** | **PUT OPTIONS PURCHASED — 2.9%** | **PUT OPTIONS PURCHASED — 2.9%** | **PUT OPTIONS PURCHASED — 2.9%** | **PUT OPTIONS PURCHASED — 2.9%** | **PUT OPTIONS PURCHASED — 2.9%** |
| 4099 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 167108032 | 365.87 | 06/16/23 | 4639756 |
|  | (Cost $10,254,091) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 191793342 |
|  | (Cost $183,997,800) |  |  |  |  |
| **WRITTEN OPTIONS — (20.5)%** | **WRITTEN OPTIONS — (20.5)%** | **WRITTEN OPTIONS — (20.5)%** | **WRITTEN OPTIONS — (20.5)%** | **WRITTEN OPTIONS — (20.5)%** | **WRITTEN OPTIONS — (20.5)%** |
| **CALL OPTIONS WRITTEN — (19.5)%** | **CALL OPTIONS WRITTEN — (19.5)%** | **CALL OPTIONS WRITTEN — (19.5)%** | **CALL OPTIONS WRITTEN — (19.5)%** | **CALL OPTIONS WRITTEN — (19.5)%** | **CALL OPTIONS WRITTEN — (19.5)%** |
| (8198) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (334216064) | 392.93 | 06/16/23 | (31189767) |
|  | (Premiums received $27,099,284) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** | **PUT OPTIONS WRITTEN — (1.0)%** |
| (4099) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (167108032) | 310.98 | 06/16/23 | (1667331) |
|  | (Premiums received $4,802,777) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (32857098) |
|  | (Premiums received $31,902,061) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (102952) |
|  | **Net Assets — 100.0%** |  |  |  | $159965276 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - June (XJUN)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $1131984 | $1131984 | $— | $— |
| Call Options Purchased | 187153586 |  | 187153586 |  |
| Put Options Purchased | 4639756 |  | 4639756 |  |
| Total | $192925326 | $1131984 | $191793342 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(31189767) | $— | $(31189767) | $— |
| Put Options Written | (1667331) |  | (1667331) |  |
| Total | $(32857098) | $— | $(32857098) | $— |

---

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - September (YSEP)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** | **MONEY MARKET FUNDS — 1.1%** |
| 286647 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $286647 |
| 69 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (a) | 69 |
|  | **Total Money Market Funds — 1.1%** | 286716 |
|  | (Cost $286,716) |  |
|  | **Total Investments — 1.1%** | 286716 |
|  | (Cost $286,716) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 104.4%** | **PURCHASED OPTIONS — 104.4%** | **PURCHASED OPTIONS — 104.4%** | **PURCHASED OPTIONS — 104.4%** | **PURCHASED OPTIONS — 104.4%** | |
| **CALL OPTIONS PURCHASED — 100.5%** | **CALL OPTIONS PURCHASED — 100.5%** | **CALL OPTIONS PURCHASED — 100.5%** | **CALL OPTIONS PURCHASED — 100.5%** | **CALL OPTIONS PURCHASED — 100.5%** | |
| 3900 | iShares MSCI EAFE ETF | $26176800 | $0.60 | 09/15/23 | 25301430 |
|  | (Cost $22,022,840) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** | **PUT OPTIONS PURCHASED — 3.9%** |
| 3900 | iShares MSCI EAFE ETF | 26176800 | 60.40 | 09/15/23 | 988815 |
|  | (Cost $2,137,806) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 26290245 |
|  | (Cost $24,160,646) |  |  |  |  |
| **WRITTEN OPTIONS — (5.4)%** | **WRITTEN OPTIONS — (5.4)%** | **WRITTEN OPTIONS — (5.4)%** | **WRITTEN OPTIONS — (5.4)%** | **WRITTEN OPTIONS — (5.4)%** | **WRITTEN OPTIONS — (5.4)%** |
| **CALL OPTIONS WRITTEN — (3.2)%** | **CALL OPTIONS WRITTEN — (3.2)%** | **CALL OPTIONS WRITTEN — (3.2)%** | **CALL OPTIONS WRITTEN — (3.2)%** | **CALL OPTIONS WRITTEN — (3.2)%** | **CALL OPTIONS WRITTEN — (3.2)%** |
| (3900) | iShares MSCI EAFE ETF | (26176800) | 75.50 | 09/15/23 | (798226) |
|  | (Premiums received $161,416) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** | **PUT OPTIONS WRITTEN — (2.2)%** |
| (3900) | iShares MSCI EAFE ETF | (26176800) | 54.36 | 09/15/23 | (570763) |
|  | (Premiums received $1,289,341) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (1368989) |
|  | (Premiums received $1,450,757) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (15950) |
|  | **Net Assets — 100.0%** |  |  |  | $25192022 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - September (YSEP)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $286716 | $286716 | $— | $— |
| Call Options Purchased | 25301430 |  | 25301430 |  |
| Put Options Purchased | 988815 |  | 988815 |  |
| Total | $26576961 | $286716 | $26290245 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(798226) | $— | $(798226) | $— |
| Put Options Written | (570763) |  | (570763) |  |
| Total | $(1368989) | $— | $(1368989) | $— |

---

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - September (QSPT)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** | **MONEY MARKET FUNDS — 1.0%** |
| 686109 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $686109 |
|  | (Cost $686,109) |  |
|  | **Total Investments — 1.0%** | 686109 |
|  | (Cost $686,109) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 105.6%** | **PURCHASED OPTIONS — 105.6%** | **PURCHASED OPTIONS — 105.6%** | **PURCHASED OPTIONS — 105.6%** | **PURCHASED OPTIONS — 105.6%** | |
| **CALL OPTIONS PURCHASED — 98.0%** | **CALL OPTIONS PURCHASED — 98.0%** | **CALL OPTIONS PURCHASED — 98.0%** | **CALL OPTIONS PURCHASED — 98.0%** | **CALL OPTIONS PURCHASED — 98.0%** | |
| 2236 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | $65595296 | $2.89 | 09/15/23 | 64563697 |
|  | (Cost $62,636,718) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** | **PUT OPTIONS PURCHASED — 7.6%** |
| 2236 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | 65595296 | 289.32 | 09/15/23 | 5006256 |
|  | (Cost $6,363,735) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 69569953 |
|  | (Cost $69,000,453) |  |  |  |  |
| **WRITTEN OPTIONS — (6.6)%** | **WRITTEN OPTIONS — (6.6)%** | **WRITTEN OPTIONS — (6.6)%** | **WRITTEN OPTIONS — (6.6)%** | **WRITTEN OPTIONS — (6.6)%** | **WRITTEN OPTIONS — (6.6)%** |
| **CALL OPTIONS WRITTEN — (2.0)%** | **CALL OPTIONS WRITTEN — (2.0)%** | **CALL OPTIONS WRITTEN — (2.0)%** | **CALL OPTIONS WRITTEN — (2.0)%** | **CALL OPTIONS WRITTEN — (2.0)%** | **CALL OPTIONS WRITTEN — (2.0)%** |
| (2236) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (65595296) | 368.22 | 09/15/23 | (1346734) |
|  | (Premiums received $1,521,243) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (4.6)%** | **PUT OPTIONS WRITTEN — (4.6)%** | **PUT OPTIONS WRITTEN — (4.6)%** | **PUT OPTIONS WRITTEN — (4.6)%** | **PUT OPTIONS WRITTEN — (4.6)%** | **PUT OPTIONS WRITTEN — (4.6)%** |
| (2236) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (65595296) | 260.39 | 09/15/23 | (3019907) |
|  | (Premiums received $3,986,932) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (4366641) |
|  | (Premiums received $5,508,175) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | **Net Other Assets and Liabilities — (0.0)%** |  |  | (34614) |
|  | **Net Assets — 100.0%** |  |  |  | $65854807 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - September (QSPT)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $686109 | $686109 | $— | $— |
| Call Options Purchased | 64563697 |  | 64563697 |  |
| Put Options Purchased | 5006256 |  | 5006256 |  |
| Total | $70256062 | $686109 | $69569953 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(1346734) | $— | $(1346734) | $— |
| Put Options Written | (3019907) |  | (3019907) |  |
| Total | $(4366641) | $— | $(4366641) | $— |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 120.5%** | **PURCHASED OPTIONS — 120.5%** | **PURCHASED OPTIONS — 120.5%** | **PURCHASED OPTIONS — 120.5%** |  | |
| **CALL OPTIONS PURCHASED — 115.9%** | **CALL OPTIONS PURCHASED — 115.9%** | **CALL OPTIONS PURCHASED — 115.9%** | **CALL OPTIONS PURCHASED — 115.9%** |  | |
| 4580 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $186717440 | $3.77 | 09/15/23 | $182087060 |
| 4580 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 186717440 | 377.39 | 09/15/23 | 25927380 |
|  | **Total Call Options Purchased** |  |  |  | 208014440 |
|  | (Cost $186,241,312) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** | **PUT OPTIONS PURCHASED — 4.6%** |
| 4580 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 186717440 | 377.39 | 09/15/23 | 8280640 |
|  | (Cost $14,368,856) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 216295080 |
|  | (Cost $200,610,168) |  |  |  |  |
| **WRITTEN OPTIONS — (21.4)%** | **WRITTEN OPTIONS — (21.4)%** | **WRITTEN OPTIONS — (21.4)%** | **WRITTEN OPTIONS — (21.4)%** | **WRITTEN OPTIONS — (21.4)%** | **WRITTEN OPTIONS — (21.4)%** |
| **CALL OPTIONS WRITTEN — (19.4)%** | **CALL OPTIONS WRITTEN — (19.4)%** | **CALL OPTIONS WRITTEN — (19.4)%** | **CALL OPTIONS WRITTEN — (19.4)%** | **CALL OPTIONS WRITTEN — (19.4)%** | **CALL OPTIONS WRITTEN — (19.4)%** |
| (9160) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (373434880) | 405.51 | 09/15/23 | (34927080) |
|  | (Premiums received $23,548,469) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (2.0)%** | **PUT OPTIONS WRITTEN — (2.0)%** | **PUT OPTIONS WRITTEN — (2.0)%** | **PUT OPTIONS WRITTEN — (2.0)%** | **PUT OPTIONS WRITTEN — (2.0)%** | **PUT OPTIONS WRITTEN — (2.0)%** |
| (4580) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (186717440) | 320.78 | 09/15/23 | (3531180) |
|  | (Premiums received $6,680,071) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (38458260) |
|  | (Premiums received $30,228,540) |  |  |  |  |
|  | **Net Other Assets and Liabilities — 0.9%** | **Net Other Assets and Liabilities — 0.9%** |  |  | 1654028 |
|  | **Net Assets — 100.0%** |  |  |  | $179490848 |

---

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September (XSEP)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Purchased | $208014440 | $— | $208014440 | $— |
| Put Options Purchased | 8280640 |  | 8280640 |  |
| Total | $216295080 | $— | $216295080 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(34927080) | $— | $(34927080) | $— |
| Put Options Written | (3531180) |  | (3531180) |  |
| Total | $(38458260) | $— | $(38458260) | $— |

---

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - December (YDEC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** |
| 77429 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $77429 |
|  | (Cost $77,429) |  |
|  | **Total Investments — 0.5%** | 77429 |
|  | (Cost $77,429) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 103.1%** | **PURCHASED OPTIONS — 103.1%** | **PURCHASED OPTIONS — 103.1%** | **PURCHASED OPTIONS — 103.1%** | **PURCHASED OPTIONS — 103.1%** | |
| **CALL OPTIONS PURCHASED — 89.4%** | **CALL OPTIONS PURCHASED — 89.4%** | **CALL OPTIONS PURCHASED — 89.4%** | **CALL OPTIONS PURCHASED — 89.4%** | **CALL OPTIONS PURCHASED — 89.4%** | |
| 1917 | iShares MSCI EAFE ETF | $12866904 | $0.77 | 12/16/22 | 12593820 |
|  | (Cost $13,804,137) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 13.7%** | **PUT OPTIONS PURCHASED — 13.7%** | **PUT OPTIONS PURCHASED — 13.7%** | **PUT OPTIONS PURCHASED — 13.7%** | **PUT OPTIONS PURCHASED — 13.7%** | **PUT OPTIONS PURCHASED — 13.7%** |
| 1917 | iShares MSCI EAFE ETF | 12866904 | 76.65 | 12/16/22 | 1920586 |
|  | (Cost $1,620,715) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 14514406 |
|  | (Cost $15,424,852) |  |  |  |  |
| **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** | **WRITTEN OPTIONS — (3.5)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (1917) | iShares MSCI EAFE ETF | (12866904) | 84.89 | 12/16/22 | (0) |
|  | (Premiums received $150,231) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** | **PUT OPTIONS WRITTEN — (3.5)%** |
| (1917) | iShares MSCI EAFE ETF | (12866904) | 68.99 | 12/16/22 | (495514) |
|  | (Premiums received $701,321) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (495514) |
|  | (Premiums received $851,552) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (8742) |
|  | **Net Assets — 100.0%** |  |  |  | $14087579 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest International Equity Buffer ETF - December (YDEC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $77429 | $77429 | $— | $— |
| Call Options Purchased | 12593820 |  | 12593820 |  |
| Put Options Purchased | 1920586 |  | 1920586 |  |
| Total | $14591835 | $77429 | $14514406 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $— \* | $— | $— \* | $— |
| Put Options Written | (495514) |  | (495514) |  |
| Total | $(495514) | $— | $(495514) | $— |

---

\* Investment is valued at $(0).

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - December (QDEC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** | **MONEY MARKET FUNDS — 0.5%** |
| 363634 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $363634 |
|  | (Cost $363,634) |  |
|  | **Total Investments — 0.5%** | 363634 |
|  | (Cost $363,634) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 115.5%** | **PURCHASED OPTIONS — 115.5%** | **PURCHASED OPTIONS — 115.5%** | **PURCHASED OPTIONS — 115.5%** | **PURCHASED OPTIONS — 115.5%** | |
| **CALL OPTIONS PURCHASED — 87.9%** | **CALL OPTIONS PURCHASED — 87.9%** | **CALL OPTIONS PURCHASED — 87.9%** | **CALL OPTIONS PURCHASED — 87.9%** | **CALL OPTIONS PURCHASED — 87.9%** | |
| 2066 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | $60608176 | $3.85 | 12/16/22 | 59785268 |
|  | (Cost $78,513,986) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 27.6%** | **PUT OPTIONS PURCHASED — 27.6%** | **PUT OPTIONS PURCHASED — 27.6%** | **PUT OPTIONS PURCHASED — 27.6%** | **PUT OPTIONS PURCHASED — 27.6%** | **PUT OPTIONS PURCHASED — 27.6%** |
| 2066 | Invesco QQQ Trust<sup>SM</sup>, Series 1 | 60608176 | 384.91 | 12/16/22 | 18769488 |
|  | (Cost $7,905,205) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 78554756 |
|  | (Cost $86,419,191) |  |  |  |  |
| **WRITTEN OPTIONS — (15.9)%** | **WRITTEN OPTIONS — (15.9)%** | **WRITTEN OPTIONS — (15.9)%** | **WRITTEN OPTIONS — (15.9)%** | **WRITTEN OPTIONS — (15.9)%** | **WRITTEN OPTIONS — (15.9)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (2066) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (60608176) | 446.07 | 12/16/22 | (0) |
|  | (Premiums received $2,608,879) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (15.9)%** | **PUT OPTIONS WRITTEN — (15.9)%** | **PUT OPTIONS WRITTEN — (15.9)%** | **PUT OPTIONS WRITTEN — (15.9)%** | **PUT OPTIONS WRITTEN — (15.9)%** | **PUT OPTIONS WRITTEN — (15.9)%** |
| (2066) | Invesco QQQ Trust<sup>SM</sup>, Series 1 | (60608176) | 346.42 | 12/16/22 | (10835270) |
|  | (Premiums received $4,895,942) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (10835270) |
|  | (Premiums received $7,504,821) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (47698) |
|  | **Net Assets — 100.0%** |  |  |  | $68035422 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - December (QDEC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $363634 | $363634 | $— | $— |
| Call Options Purchased | 59785268 |  | 59785268 |  |
| Put Options Purchased | 18769488 |  | 18769488 |  |
| Total | $78918390 | $363634 | $78554756 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $— \* | $— | $— \* | $— |
| Put Options Written | (10835270) |  | (10835270) |  |
| Total | $(10835270) | $— | $(10835270) | $— |

---

\* Investment is valued at $(0).

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** |
| 446569 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.61% (a) | $446569 |
|  | (Cost $446,569) |  |
|  | **Total Investments — 0.4%** | 446569 |
|  | (Cost $446,569) |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of<br> Contracts** | **Description** | **Notional<br> Amount** | **Exercise<br> Price** | **Expiration<br> Date** | **Value** |
| **PURCHASED OPTIONS — 100.3%** | **PURCHASED OPTIONS — 100.3%** | **PURCHASED OPTIONS — 100.3%** | **PURCHASED OPTIONS — 100.3%** | **PURCHASED OPTIONS — 100.3%** | |
| **CALL OPTIONS PURCHASED — 88.3%** | **CALL OPTIONS PURCHASED — 88.3%** | **CALL OPTIONS PURCHASED — 88.3%** | **CALL OPTIONS PURCHASED — 88.3%** | **CALL OPTIONS PURCHASED — 88.3%** | |
| 2425 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | $98862400 | $4.61 | 12/16/22 | 96976366 |
| 2425 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 98862400 | 459.88 | 12/16/22 | 4240 |
|  | **Total Call Options Purchased** |  |  |  | 96980606 |
|  | (Cost $103,824,950) |  |  |  |  |
| **PUT OPTIONS PURCHASED — 12.0%** | **PUT OPTIONS PURCHASED — 12.0%** | **PUT OPTIONS PURCHASED — 12.0%** | **PUT OPTIONS PURCHASED — 12.0%** | **PUT OPTIONS PURCHASED — 12.0%** | **PUT OPTIONS PURCHASED — 12.0%** |
| 2425 | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | 98862400 | 459.88 | 12/16/22 | 13189308 |
|  | (Cost $12,480,102) |  |  |  |  |
|  | **Total Purchased Options** |  |  |  | 110169914 |
|  | (Cost $116,305,052) |  |  |  |  |
| **WRITTEN OPTIONS — (0.6)%** | **WRITTEN OPTIONS — (0.6)%** | **WRITTEN OPTIONS — (0.6)%** | **WRITTEN OPTIONS — (0.6)%** | **WRITTEN OPTIONS — (0.6)%** | **WRITTEN OPTIONS — (0.6)%** |
| **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** | **CALL OPTIONS WRITTEN — (0.0)%** |
| (4850) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (197724800) | 479.60 | 12/16/22 | (3308) |
|  | (Premiums received $4,052,404) |  |  |  |  |
| **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** | **PUT OPTIONS WRITTEN — (0.6)%** |
| (2425) | SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust | (98862400) | 390.89 | 12/16/22 | (675846) |
|  | (Premiums received $3,495,591) |  |  |  |  |
|  | **Total Written Options** |  |  |  | (679154) |
|  | (Premiums received $7,547,995) |  |  |  |  |
|  | **Net Other Assets and Liabilities — (0.1)%** | **Net Other Assets and Liabilities — (0.1)%** |  |  | (53875) |
|  | **Net Assets — 100.0%** |  |  |  | $109883454 |

---

(a) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December (XDEC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Money Market Funds | $446569 | $446569 | $— | $— |
| Call Options Purchased | 96980606 |  | 96980606 |  |
| Put Options Purchased | 13189308 |  | 13189308 |  |
| Total | $110616483 | $446569 | $110169914 | $— |
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Call Options Written | $(3308) | $— | $(3308) | $— |
| Put Options Written | (675846) |  | (675846) |  |
| Total | $(679154) | $— | $(679154) | $— |

---

**Additional Information**

**First Trust Exchange-Traded Fund VIII**

**November 30, 2022 (Unaudited)**

**Valuation Inputs**

The Funds are 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.

---

| |
|:---|
| **FT Cboe Vest Fund of Buffer ETFs (BUFR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Exchange-Traded Funds — 100.0%** |  |
|  | ***Capital Markets (a) — 100.0%*** |  |
| 1891535 | FT Cboe Vest U.S. Equity Buffer ETF - January (b) | $62969200 |
| 1735367 | FT Cboe Vest U.S. Equity Buffer ETF - February (b) | 63063237 |
| 1962762 | FT Cboe Vest U.S. Equity Buffer ETF - March (b) | 63062169 |
| 2094750 | FT Cboe Vest U.S. Equity Buffer ETF - April (b) | 63114818 |
| 1723901 | FT Cboe Vest U.S. Equity Buffer ETF - May (b) | 63129255 |
| 1691763 | FT Cboe Vest U.S. Equity Buffer ETF - June (b) | 63238101 |
| 1774970 | FT Cboe Vest U.S. Equity Buffer ETF - July (b) | 63139233 |
| 1754086 | FT Cboe Vest U.S. Equity Buffer ETF - August (b) | 63222346 |
| 1821441 | FT Cboe Vest U.S. Equity Buffer ETF - September (b) | 63131145 |
| 1845173 | FT Cboe Vest U.S. Equity Buffer ETF - October (b) | 63215627 |
| 1717748 | FT Cboe Vest U.S. Equity Buffer ETF - November (b) | 63384901 |
| 1915328 | FT Cboe Vest U.S. Equity Buffer ETF - December (b) | 63410189 |
|  | **Total Exchange-Traded Funds — 100.0%** | 758080221 |
|  | (Cost $766,229,650) |  |
|  | **Money Market Funds — 0.0%** |  |
| 147681 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (c) | 147681 |
|  | (Cost $147,681) |  |
|  | **Total Investments — 100.0%** | 758227902 |
|  | (Cost $766,377,331) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (120165) |
|  | **Net Assets — 100.0%** | $758107737 |

---

(a) Represents investments in affiliated funds.

(b) Non-income producing security.

(c) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest Fund of Buffer ETFs (BUFR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Exchange-Traded Funds\* | $758080221 | $758080221 | $— | $— |
| Money Market Funds | 147681 | 147681 |  |  |
| Total Investments | $758227902 | $758227902 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **FT Cboe Vest Fund of Buffer ETFs (BUFR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Affiliated Transactions** |
| Amounts related to investments in affiliated funds at November 30, 2022, and for the fiscal year-to-date period (September 1, 2022 to November 30, 2022) are as follows: |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Name** | **Shares at 11/30/2022** | **Value at 8/31/2022** | **Purchases** | **Sales** | **Change in Unrealized Appreciation (Depreciation)** | **Realized Gain (Loss)** | **Value at 11/30/2022** | **Dividend Income** |
| FT Cboe Vest U.S. Equity Buffer ETF - January | 1891535 | $60682608 | $4615984 | $(4093795) | $1788531 | $(24128) | $62969200 | $— |
| FT Cboe Vest U.S. Equity Buffer ETF - February | 1735367 | 60429555 | 5025154 | (4035677) | 1662449 | (18244) | 63063237 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - March | 1962762 | 60488044 | 4858244 | (4033258) | 1769567 | (20428) | 63062169 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - April | 2094750 | 60316852 | 5160047 | (4014075) | 1700168 | (48174) | 63114818 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - May | 1723901 | 60582440 | 4883297 | (4016633) | 1689903 | (9752) | 63129255 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - June | 1691763 | 60628669 | 4796157 | (4032743) | 1834095 | 11923 | 63238101 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - July | 1774970 | 60622142 | 4931287 | (4014412) | 1626399 | (26183) | 63139233 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - August | 1754086 | 60335052 | 5351949 | (3992027) | 1578147 | (50775) | 63222346 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - September | 1821441 | 61411730 | 4674190 | (5184215) | 2310893 | (81453) | 63131145 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - October | 1845173 | 61195449 | 4657694 | (5137700) | 2588780 | (88596) | 63215627 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - November | 1717748 | 60870709 | 4594780 | (4385383) | 2374066 | (69271) | 63384901 |  |
| FT Cboe Vest U.S. Equity Buffer ETF - December | 1915328 | 60870020 | 4613563 | (4675580) | 2687287 | (85101) | 63410189 |  |
|  |  | $728433270 | $58162346 | $(51615498) | $23610285 | $(510182) | $758080221 | $— |

---

---

| |
|:---|
| **FT Cboe Vest Fund of Deep Buffer ETFs (BUFD)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Exchange-Traded Funds — 100.0%** |  |
|  | ***Capital Markets (a) — 100.0%*** |  |
| 1491917 | FT Cboe Vest U.S. Equity Deep Buffer ETF - January (b) | $45980882 |
| 1349821 | FT Cboe Vest U.S. Equity Deep Buffer ETF - February (b) | 46028896 |
| 1501100 | FT Cboe Vest U.S. Equity Deep Buffer ETF - March (b) | 45978693 |
| 1527867 | FT Cboe Vest U.S. Equity Deep Buffer ETF - April (b) | 46080469 |
| 1435248 | FT Cboe Vest U.S. Equity Deep Buffer ETF - May (b) | 46179391 |
| 1398023 | FT Cboe Vest U.S. Equity Deep Buffer ETF - June (b) | 46152794 |
| 1455743 | FT Cboe Vest U.S. Equity Deep Buffer ETF - July (b) | 46045151 |
| 1441286 | FT Cboe Vest U.S. Equity Deep Buffer ETF - August (b) | 46236455 |
| 1471659 | FT Cboe Vest U.S. Equity Deep Buffer ETF - September (b) | 46151226 |
| 1440638 | FT Cboe Vest U.S. Equity Deep Buffer ETF - October (b) | 46100416 |
| 1375768 | FT Cboe Vest U.S. Equity Deep Buffer ETF - November (b) | 46184532 |
| 1501624 | FT Cboe Vest U.S. Equity Deep Buffer ETF - December (b) | 45814548 |
|  | **Total Exchange-Traded Funds — 100.0%** | 552933453 |
|  | (Cost $567,993,299) |  |
|  | **Money Market Funds — 0.0%** |  |
| 89934 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (c) | 89934 |
|  | (Cost $89,934) |  |
|  | **Total Investments — 100.0%** | 553023387 |
|  | (Cost $568,083,233) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (88435) |
|  | **Net Assets — 100.0%** | $552934952 |

---

(a) Represents investments in affiliated funds.

(b) Non-income producing security.

(c) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **FT Cboe Vest Fund of Deep Buffer ETFs (BUFD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Exchange-Traded Funds\* | $552933453 | $552933453 | $— | $— |
| Money Market Funds | 89934 | 89934 |  |  |
| Total Investments | $553023387 | $553023387 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **FT Cboe Vest Fund of Deep Buffer ETFs (BUFD)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Affiliated Transactions** |
| Amounts related to investments in affiliated funds at November 30, 2022, and for the fiscal year-to-date period (September 1, 2022 to November 30, 2022) are as follows: |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Name** | **Shares at**<br> **11/30/2022** | <br>**Value at**<br> **8/31/2022** | **Purchases** | **Sales** | **Change in**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)** | **Realized**<br> **Gain**<br> **(Loss)** | **Value at**<br> **11/30/2022** | **Dividend**<br> **Income** |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - January | 1491917 | $44934921 | $4825246 | $(3793565) | $15972 | $(1692) | $45980882 | $— |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - February | 1349821 | 44918776 | 4659018 | (3787728) | 240363 | (1533) | 46028896 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - March | 1501100 | 44895378 | 4569210 | (3791937) | 304222 | 1820 | 45978693 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - April | 1527867 | 44818949 | 4559287 | (3774196) | 475103 | 1326 | 46080469 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 1435248 | 45068957 | 4059835 | (3779281) | 838556 | (8676) | 46179391 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 1398023 | 45182625 | 4074019 | (3938855) | 848645 | (13640) | 46152794 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - July | 1455743 | 45013332 | 4051574 | (3815594) | 812203 | (16364) | 46045151 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - August | 1441286 | 44842801 | 4352310 | (3754175) | 836714 | (41195) | 46236455 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - September | 1471659 | 45397249 | 4116622 | (4668789) | 1374201 | (68057) | 46151226 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - October | 1440638 | 45259383 | 4151717 | (5365696) | 2083549 | (28537) | 46100416 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - November | 1375768 | 45526388 | 4157967 | (4505700) | 1011545 | (5668) | 46184532 |  |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - December | 1501624 | 45215808 | 4321818 | (3862766) | 122945 | 16743 | 45814548 |  |
|  |  | $541074567 | $51898623 | $(48838282) | $8964018 | $(165473) | $552933453 | $— |

---

---

| |
|:---|
| **FT Cboe Vest Fund of Nasdaq-100<sup>®</sup> Buffer ETFs (BUFQ)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Exchange-Traded Funds — 100.0%** |  |
|  | ***Capital Markets (a) — 100.0%*** |  |
| 197344 | FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - March (b) | $3997400 |
| 211856 | FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - June (b) | 3978656 |
| 226548 | FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - September (b) | 4024875 |
| 201716 | FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - December (b) | 3966261 |
|  | **Total Exchange-Traded Funds — 100.0%** | 15967192 |
|  | (Cost $16,052,167) |  |
|  | **Money Market Funds — 0.0%** |  |
| 2700 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (c) | 2700 |
|  | (Cost $2,700) |  |
|  | **Total Investments — 100.0%** | 15969892 |
|  | (Cost $16,054,867) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (2402) |
|  | **Net Assets — 100.0%** | $15967490 |

---

(a) Represents investments in affiliated funds.

(b) Non-income producing security.

(c) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Exchange-Traded Funds\* | $15967192 | $15967192 | $— | $— |
| Money Market Funds | 2700 | 2700 |  |  |
| Total Investments | $15969892 | $15969892 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **FT Cboe Vest Fund of Nasdaq-100<sup>®</sup> Buffer ETFs (BUFQ)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Affiliated Transactions** |
| Amounts relating to investments in affiliated funds at November 30, 2022 and for the fiscal-to-date period (September 1, 2022 to November 30, 2022) are as follows: |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Name** | **Shares at 11/30/2022** | **Value at 8/31/2022** | **Purchases** | **Sales** | **Change in <br> Unrealized <br> Appreciation (Depreciation)** | **Realized Gain (Loss)** | **Value at 11/30/2022** | **Dividend Income** |
| FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - March | 197344 | $2664074 | $1269397 | $(314) | $64267 | $(24) | $3997400 | $— |
| FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - June | 211856 | 2648451 | 1275880 |  | 54325 |  | 3978656 |  |
| FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - September | 226548 | 2709359 | 1304190 |  | 11326 |  | 4024875 |  |
| FT Cboe Vest Nasdaq-100<sup>®</sup> Buffer ETF - December | 201716 | 2702076 | 1259396 | (22768) | 29440 | (1883) | 3966261 |  |
|  |  | $10723960 | $5108863 | $(23082) | $159358 | $(1907) | $15967192 | $— |

---

**Additional Information**

**First Trust Exchange-Traded Fund VIII**

**November 30, 2022 (Unaudited)**

**Valuation Inputs**

The Funds are 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.

---

| |
|:---|
| **First Trust Income Opportunities ETF (FCEF)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Closed-End Funds — 90.9%** |  |
|  | ***Capital Markets — 90.9%*** |  |
| 14844 | abrdn Global Infrastructure Income Fund | $271645 |
| 19908 | Adams Natural Resources Fund, Inc. | 451513 |
| 14306 | Angel Oak Financial Strategies Income Term Trust | 186121 |
| 17939 | Apollo Tactical Income Fund, Inc. | 222444 |
| 66874 | Ares Dynamic Credit Allocation Fund, Inc. | 820544 |
| 10231 | Barings Global Short Duration High Yield Fund | 139346 |
| 12213 | BlackRock Health Sciences Trust II | 199072 |
| 13122 | BlackRock Multi-Sector Income Trust | 195518 |
| 13571 | BlackRock Resources & Commodities Strategy Trust | 137746 |
| 18440 | BlackRock Science & Technology Trust | 596350 |
| 2880 | BlackRock Utilities Infrastructure & Power Opportunities Trust | 63878 |
| 53090 | Blackstone Strategic Credit Fund | 585052 |
| 14529 | Central Securities Corp. | 519557 |
| 24156 | Cohen & Steers Infrastructure Fund, Inc. | 603900 |
| 48324 | Cohen & Steers REIT and Preferred and Income Fund, Inc. | 1118217 |
| 27217 | DoubleLine Income Solutions Fund | 323882 |
| 9434 | Eaton Vance Enhanced Equity Income Fund | 159057 |
| 37073 | Eaton Vance Short Duration Diversified Income Fund | 400759 |
| 38052 | Eaton Vance Tax-Advantaged Dividend Income Fund | 943309 |
| 68757 | Eaton Vance Tax-Advantaged Global Dividend Income Fund | 1109738 |
| 37858 | Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund | 838555 |
| 39501 | Gabelli Dividend & Income Trust (The) | 866257 |
| 15475 | General American Investors Co., Inc. | 593930 |
| 37757 | John Hancock Tax-Advantaged Dividend Income Fund | 892575 |
| 11210 | Lazard Global Total Return and Income Fund, Inc. | 173531 |
| 32846 | Macquarie Global Infrastructure Total Return Fund, Inc. | 796515 |
| 37858 | MainStay CBRE Global Infrastructure Megatrends Fund | 544398 |
| 124665 | Nuveen Credit Strategies Income Fund | 666958 |
| 50082 | Nuveen Floating Rate Income Fund | 425697 |
| 74352 | Nuveen Preferred & Income Opportunities Fund | 567306 |
| 30614 | Nuveen Real Asset Income and Growth Fund | 374103 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Closed-End Funds (Continued)** |  |
|  | ***Capital Markets (Continued)*** |  |
| 24686 | Nuveen Variable Rate Preferred & Income Fund | $435214 |
| 57381 | PGIM Global High Yield Fund, Inc. | 650127 |
| 25440 | PIMCO Dynamic Income Fund | 504984 |
| 42089 | PIMCO Dynamic Income Opportunities Fund | 621655 |
| 16485 | PIMCO Energy & Tactical Credit Opportunities Fund | 260298 |
| 28943 | Principal Real Estate Income Fund | 329950 |
| 8994 | Reaves Utility Income Fund | 268381 |
| 14413 | Royce Micro-Cap Trust, Inc. | 134906 |
| 34649 | Royce Value Trust, Inc. | 516270 |
| 22015 | Source Capital, Inc. | 824010 |
| 48893 | Tekla Healthcare Investors | 937768 |
| 46019 | Tekla Healthcare Opportunities Fund | 962717 |
| 17060 | Tekla Life Sciences Investors | 257265 |
| 27794 | Tri-Continental Corp. | 780178 |
| 11831 | Virtus Equity & Convertible Income Fund | 258744 |
| 45776 | Western Asset High Income Opportunity Fund, Inc. | 185851 |
| 31818 | Western Asset Inflation-Linked Opportunities & Income Fund | 303544 |
|  | **Total Closed-End Funds — 90.9%** | 24019335 |
|  | (Cost $27,309,740) |  |
|  | **Exchange-Traded Funds — 2.1%** |  |
|  | ***Capital Markets — 2.1%*** |  |
| 1973 | Financial Select Sector SPDR Fund | 71640 |
| 2428 | PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund | 121813 |
| 6827 | ProShares Short 20+ Year Treasury (a) | 151354 |
| 13999 | ProShares Short S&P500 (a) | 211385 |
|  | **Total Exchange-Traded Funds — 2.1%** | 556192 |
|  | (Cost $577,295) |  |
|  | **Money Market Funds — 6.6%** |  |
| 1737001 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 1737001 |
|  | (Cost $1,737,001) |  |
|  | **Total Investments — 99.6%** | 26312528 |
|  | (Cost $29,624,036) |  |
|  | **Net Other Assets and Liabilities — 0.4%** | 113328 |
|  | **Net Assets — 100.0%** | $26425856 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **First Trust Income Opportunities ETF (FCEF)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section):  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Closed-End Funds\* | $24019335 | $24019335 | $— | $— |
| Exchange-Traded Funds\* | 556192 | 556192 |  |  |
| Money Market Funds | 1737001 | 1737001 |  |  |
| Total Investments | $26312528 | $26312528 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust Flexible Municipal High Income ETF (MFLX)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **MUNICIPAL BONDS — 91.1%** | **MUNICIPAL BONDS — 91.1%** | **MUNICIPAL BONDS — 91.1%** | **MUNICIPAL BONDS — 91.1%** | |
| | **Alabama — 4.0%** | **Alabama — 4.0%** | **Alabama — 4.0%** | |
| $250000 | Black Belt Energy Gas Dist (Mandatory put 12/01/26) | 4.00% | 10/01/52 | $247584 |
| 250000 | Southeast Energy Auth A Cooperative Dist, Ser B (Mandatory put 12/01/31) | 4.00% | 12/01/51 | 240664 |
|  |  |  |  | 488248 |
|  | **Arizona — 2.1%** |  |  |  |
| 250000 | Industrial Dev Auth of The Cnty of Pima (The), Ser A (a) | 6.25% | 11/15/35 | 257265 |
|  | **Arkansas — 0.8%** |  |  |  |
| 100000 | AR Dev Fin Auth, AMT (a) | 5.45% | 09/01/52 | 99408 |
|  | **California — 11.0%** |  |  |  |
| 250000 | CA Muni Fin Auth, Ser A | 5.00% | 10/01/44 | 257263 |
| 300000 | City of Long Beach CA Arpt System Rev, Ser A, AGM | 5.00% | 06/01/37 | 333719 |
| 250000 | Elk Grove Fin Auth | 4.00% | 09/01/50 | 214538 |
| 300000 | San Francisco City & Cnty Pub Util Commn Pwr Rev, Ser B | 4.00% | 11/01/42 | 301138 |
| 245000 | Tobacco Securitization Auth of Southern CA | 5.00% | 06/01/35 | 258025 |
|  |  |  |  | 1364683 |
|  | **Colorado — 1.6%** |  |  |  |
| 200000 | City & Cnty of Denver CO, AMT | 5.00% | 10/01/32 | 198565 |
|  | **Florida — 12.8%** |  |  |  |
| 250000 | Black Creek Cmnty Dev Dist | 5.13% | 06/15/32 | 248877 |
| 265000 | Cnty of Miami-Dade FL Aviation Rev, Ser B, AMT | 5.00% | 10/01/40 | 270330 |
| 250000 | North Sumter Cnty Util Dependent Dist, AGM | 4.00% | 10/01/41 | 243134 |
| 365000 | Palm Beach Cnty Hlth Facs Auth, Ser A | 5.00% | 11/01/41 | 372058 |
| 250000 | Ridge At Apopka Cmnty Dev Dist | 5.38% | 05/01/42 | 243154 |
| 250000 | Sawyers Landing Cmnty Dev Dist | 4.25% | 05/01/53 | 200039 |
|  |  |  |  | 1577592 |
|  | **Georgia — 2.0%** |  |  |  |
| 250000 | Main Street Natural Gas, Inc., Ser A (Mandatory put 12/01/29) | 4.00% | 09/01/52 | 242926 |
|  | **Guam — 2.1%** |  |  |  |
| 250000 | Territory of Guam, Ser F | 5.00% | 01/01/28 | 259714 |
|  | **Illinois — 6.5%** |  |  |  |
| 300000 | Chicago Brd of Edu, Ser B | 5.00% | 12/01/30 | 301802 |
| 250000 | IL Fin Auth, Ser A | 5.00% | 10/01/34 | 267169 |
| 250000 | St of IL, Ser B | 4.00% | 12/01/37 | 231520 |
|  |  |  |  | 800491 |
|  | **Iowa — 2.0%** |  |  |  |
| 250000 | IA Fin Auth (Mandatory put 12/01/42) | 5.00% | 12/01/50 | 241717 |
|  | **Kansas — 4.0%** |  |  |  |
| 250000 | Wyandotte Cnty-Kansas City Unif Govt (a) | 5.75% | 09/01/39 | 236367 |
| 250000 | Wyandotte Cnty-Kansas City Unif Govt Util Sys Rev, Ser A | 5.00% | 09/01/40 | 257365 |
|  |  |  |  | 493732 |
|  | **Kentucky — 2.4%** |  |  |  |
| 300000 | KY Public Energy Auth, Ser A (Mandatory put 06/01/26) | 4.00% | 12/01/50 | 297925 |
|  | **Missouri — 2.0%** |  |  |  |
| 250000 | Hlth & Eductnl Facs Auth of The St of MO | 5.00% | 02/01/42 | 243666 |

---

---

| |
|:---|
| **First Trust Flexible Municipal High Income ETF (MFLX)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br> Value** | **Description** | **Stated<br> Coupon** | **Stated<br> Maturity** | **Value** |
| **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** | **MUNICIPAL BONDS (Continued)** |
|  | **New York — 2.2%** |  |  |  |
| $250000 | NY St Dorm Auth | 5.00% | 05/01/38 | $265204 |
|  | **North Carolina — 1.6%** |  |  |  |
| 250000 | NC Med Care Commn | 4.00% | 03/01/41 | 197575 |
|  | **Ohio — 13.1%** |  |  |  |
| 250000 | Buckeye Tobacco Stlmt Fing Auth, Ser B-2 | 5.00% | 06/01/55 | 229407 |
| 300000 | Cnty of Montgomery OH | 4.00% | 08/01/41 | 290292 |
| 100000 | Cnty of Washington OH | 6.63% | 12/01/42 | 99406 |
| 250000 | OH Air Quality Dev Auth, AMT (Mandatory put 10/01/24) | 2.10% | 07/01/28 | 240829 |
| 250000 | OH Air Quality Dev Auth, AMT (Mandatory put 06/01/27) | 4.25% | 11/01/39 | 249010 |
| 250000 | OH Air Quality Dev Auth, AMT (a) | 5.00% | 07/01/49 | 231322 |
| 250000 | OH Higher Eductnl Fac Commn | 5.00% | 02/01/35 | 270007 |
|  |  |  |  | 1610273 |
|  | **Oregon — 6.4%** |  |  |  |
| 250000 | Clackamas Cnty Hosp Facs Auth, Ser A | 5.38% | 11/15/55 | 223089 |
| 300000 | OR St Facs Auth, Ser A | 5.00% | 06/01/52 | 310891 |
| 250000 | Union Cnty Hosp Facs Auth | 5.00% | 07/01/41 | 252596 |
|  |  |  |  | 786576 |
|  | **Puerto Rico — 3.6%** |  |  |  |
| 250000 | Commonwealth of Puerto Rico, Ser A1 | 4.00% | 07/01/35 | 213203 |
| 250000 | Puerto Rico Sales Tax Fing Corp. Sales Tax Rev, Ser A-1 | 4.55% | 07/01/40 | 232833 |
|  |  |  |  | 446036 |
|  | **South Carolina — 1.8%** |  |  |  |
| 250000 | SC Jobs-Econ Dev Auth | 4.00% | 11/15/32 | 220314 |
|  | **Tennessee — 0.8%** |  |  |  |
| 100000 | TN Energy Acquisition Corp. (Mandatory put 11/01/31) | 5.00% | 05/01/52 | 103149 |
|  | **Texas — 4.0%** |  |  |  |
| 250000 | City of Austin TX Arpt Sys Rev, AMT | 5.00% | 11/15/41 | 261515 |
| 250000 | North Parkway Muni Mgmt Dis No 1 (a) | 5.00% | 09/15/51 | 228622 |
|  |  |  |  | 490137 |
|  | **Vermont — 2.0%** |  |  |  |
| 300000 | VT Econ Dev Auth | 4.00% | 05/01/37 | 243141 |
|  | **Virginia — 2.3%** |  |  |  |
| 250000 | Fairfax Cnty Econ Dev Auth | 5.00% | 10/01/39 | 278616 |
|  | **Total Municipal Bonds** |  |  | 11206953 |
|  | (Cost $11,516,409) |  |  |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **CLOSED-END FUNDS — 4.4%** | **CLOSED-END FUNDS — 4.4%** | **CLOSED-END FUNDS — 4.4%** |
|  | **Capital Markets — 4.4%** |  |
| 2995 | BlackRock Municipal Income Fund, Inc. | 34892 |
| 3183 | BlackRock Municipal Income Quality Trust | 37941 |
| 2770 | BlackRock MuniHoldings Fund, Inc. | 33794 |
| 2925 | BlackRock MuniYield Quality Fund II, Inc. | 31064 |
| 3032 | BlackRock MuniYield Quality Fund III, Inc. | 33807 |
| 3479 | Eaton Vance Municipal Bond Fund | 35903 |

---

---

| |
|:---|
| **First Trust Flexible Municipal High Income ETF (MFLX)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **CLOSED-END FUNDS (Continued)** | **CLOSED-END FUNDS (Continued)** | **CLOSED-END FUNDS (Continued)** |
|  | **Capital Markets (Continued)** |  |
| 3374 | Eaton Vance Municipal Income Trust | $34584 |
| 3398 | Invesco Municipal Trust | 33674 |
| 3428 | Invesco Quality Municipal Income Trust | 34177 |
| 3576 | Invesco Trust for Investment Grade Municipals | 36654 |
| 2587 | Nuveen AMT-Free Municipal Credit Income Fund | 32803 |
| 2921 | Nuveen AMT-Free Quality Municipal Income Fund | 33942 |
| 2745 | Nuveen Municipal Credit Income Fund | 33901 |
| 3548 | Nuveen Municipal Value Fund, Inc. | 31080 |
| 2860 | Nuveen Quality Municipal Income Fund | 33920 |
| 2228 | Nuveen Select Tax-Free Income Portfolio | 30323 |
|  | **Total Closed-End Funds** | 542459 |
|  | (Cost $675,246) |  |
|  | **Total Investments — 95.5%** | 11749412 |
|  | (Cost $12,191,655) |  |
|  | **Net Other Assets and Liabilities — 4.5%** | 549464 |
|  | **Net Assets — 100.0%** | $12298876 |

---

(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 November 30, 2022, securities noted as such amounted to $1,052,984 or 8.6% of net assets.

AGM - Assured Guaranty Municipal Corp <br> AMT - Alternative Minimum Tax

---

| |
|:---|
| **First Trust Flexible Municipal High Income ETF (MFLX)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Municipal Bonds\* | $11206953 | $— | $11206953 | $— |
| Closed-End Funds\*\* | 542459 | 542459 |  |  |
| Total Investments | $11749412 | $542459 | $11206953 | $— |

---

\* See Portfolio of Investments for state breakout. <br> \*\* See Portfolio of Investments for industry breakout.

---

| |
|:---|
| **First Trust Low Duration Strategic Focus ETF (LDSF)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Exchange-Traded Funds — 100.0%** |  |
|  | ***Capital Markets — 100.0%*** |  |
| 328655 | First Trust Enhanced Short Maturity ETF (a) | $19515534 |
| 1642471 | First Trust Low Duration Opportunities ETF (a) | 77721728 |
| 507791 | First Trust Tactical High Yield ETF (a) | 20205004 |
| 1019991 | First Trust TCW Unconstrained Plus Bond ETF (a) | 24704182 |
| 820114 | iShares 0-5 Year Investment Grade Corporate Bond ETF | 39398276 |
| 179771 | iShares 1-3 Year Treasury Bond ETF, Class 3 | 14636955 |
|  | **Total Exchange-Traded Funds — 100.0%** | 196181679 |
|  | (Cost $209,758,350) |  |
|  | **Money Market Funds — 0.0%** |  |
| 57694 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 57694 |
|  | (Cost $57,694) |  |
|  | **Total Investments — 100.0%** | 196239373 |
|  | (Cost $209,816,044) |  |
|  | **Net Other Assets and Liabilities — 0.0%** | 20565 |
|  | **Net Assets — 100.0%** | $196259938 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Exchange-Traded Funds\* | $196181679 | $196181679 | $— | $— |
| Money Market Funds | 57694 | 57694 |  |  |
| Total Investments | $196239373 | $196239373 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust Low Duration Strategic Focus ETF (LDSF)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| &nbsp;&nbsp;**Affiliated Transactions** |
| &nbsp;&nbsp;Amounts related to these investments in affiliated funds at November 30, 2022 and for the fiscal year-to-date period (September 1, 2022 to November 30, 2022) are as follows: |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Name** | **Shares at 11/30/2022** | **Value at 8/31/2022** | **Purchases** | **Sales** | **Change in Unrealized Appreciation (Depreciation)** | **Realized Gain** <br> **(Loss)** | **Value at 05/31/2022** | **Dividend Income** |
| First Trust Enhanced Short Maturity ETF | 328655 | $26154896 | $393124 | $(7013348) | $1993 | $(21131) | $19515534 | $52256 |
| First Trust Low Duration Opportunities ETF | 1642471 | 83828430 | 1482017 | (5865008) | (1492699) | (231012) | 77721728 |  |
| First Trust Tactical High Yield ETF | 507791 | 32671917 | 430724 | (11919641) | 1321572 | (2299568) | 20205004 |  |
| First Trust TCW Unconstrained Plus Bond ETF | 1019991 | 26306800 | 753315 | (1837805) | (428711) | (89417) | 24704182 |  |
|  |  | $168962043 | $3059180 | $(26635802) | $(597845) | $(2641128) | $142146448 | $52256 |

---

---

| |
|:---|
| **First Trust Active Factor Large Cap ETF (AFLG)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 99.7%** |  |
|  | ***Aerospace & Defense — 2.4%*** |  |
| 163 | General Dynamics Corp. | $41140 |
| 72 | HEICO Corp. | 11686 |
| 32 | Lockheed Martin Corp. | 15526 |
| 28 | Northrop Grumman Corp. | 14932 |
| 131 | Raytheon Technologies Corp. | 12932 |
| 343 | Textron, Inc. | 24484 |
|  |  | 120700 |
|  | ***Air Freight & Logistics — 2.1%*** |  |
| 266 | C.H. Robinson Worldwide, Inc. | 26659 |
| 215 | Expeditors International of Washington, Inc. | 24953 |
| 56 | FedEx Corp. | 10204 |
| 223 | United Parcel Service, Inc., Class B | 42310 |
|  |  | 104126 |
|  | ***Auto Components — 0.3%*** |  |
| 310 | BorgWarner, Inc. | 13178 |
|  | ***Banks — 1.3%*** |  |
| 103 | Comerica, Inc. | 7389 |
| 68 | M&T Bank Corp. | 11562 |
| 573 | Regions Financial Corp. | 13299 |
| 513 | Wells Fargo & Co. | 24598 |
| 151 | Zions Bancorp N.A. | 7825 |
|  |  | 64673 |
|  | ***Biotechnology — 3.3%*** |  |
| 278 | AbbVie, Inc. | 44808 |
| 68 | Amgen, Inc. | 19475 |
| 12 | Biogen, Inc. (a) | 3662 |
| 454 | Gilead Sciences, Inc. | 39875 |
| 36 | Moderna, Inc. (a) | 6333 |
| 28 | Neurocrine Biosciences, Inc. (a) | 3558 |
| 20 | Regeneron Pharmaceuticals, Inc. (a) | 15034 |
| 99 | Vertex Pharmaceuticals, Inc. (a) | 31323 |
|  |  | 164068 |
|  | ***Building Products — 1.5%*** |  |
| 417 | A.O. Smith Corp. | 25329 |
| 80 | Carlisle Cos., Inc. | 21049 |
| 64 | Carrier Global Corp. | 2836 |
| 131 | Fortune Brands Home & Security, Inc. | 8560 |
| 48 | Johnson Controls International PLC | 3189 |
| 266 | Masco Corp. | 13507 |
|  |  | 74470 |
|  | ***Capital Markets — 1.7%*** |  |
| 64 | Ameriprise Financial, Inc. | 21245 |
| 239 | Bank of New York Mellon (The) Corp. | 10970 |
| 8 | FactSet Research Systems, Inc. | 3690 |
| 87 | LPL Financial Holdings, Inc. | 20594 |
| 8 | MSCI, Inc. | 4062 |
| 195 | Nasdaq, Inc. | 13350 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Capital Markets (Continued)*** |  |
| 103 | Raymond James Financial, Inc. | $12041 |
|  |  | 85952 |
|  | ***Chemicals — 2.6%*** |  |
| 294 | CF Industries Holdings, Inc. | 31808 |
| 432 | Corteva, Inc. | 29013 |
| 466 | Dow, Inc. | 23752 |
| 91 | FMC Corp. | 11888 |
| 147 | LyondellBasell Industries N.V., Class A | 12497 |
| 191 | Mosaic (The) Co. | 9798 |
| 115 | RPM International, Inc. | 11916 |
|  |  | 130672 |
|  | ***Commercial Services & Supplies — 0.4%*** |  |
| 16 | Cintas Corp. | 7388 |
| 286 | Rollins, Inc. | 11566 |
|  |  | 18954 |
|  | ***Communications Equipment — 2.0%*** |  |
| 80 | Arista Networks, Inc. (a) | 11144 |
| 828 | Cisco Systems, Inc. | 41168 |
| 20 | F5, Inc. (a) | 3092 |
| 475 | Juniper Networks, Inc. | 15789 |
| 87 | Motorola Solutions, Inc. | 23681 |
| 20 | Ubiquiti, Inc. | 6001 |
|  |  | 100875 |
|  | ***Consumer Finance — 1.3%*** |  |
| 633 | Ally Financial, Inc. | 17097 |
| 235 | Capital One Financial Corp. | 24261 |
| 24 | Discover Financial Services | 2601 |
| 562 | Synchrony Financial | 21120 |
|  |  | 65079 |
|  | ***Containers & Packaging — 0.4%*** |  |
| 339 | International Paper Co. | 12584 |
| 235 | Westrock Co. | 8911 |
|  |  | 21495 |
|  | ***Distributors — 0.7%*** |  |
| 147 | Genuine Parts Co. | 26949 |
| 139 | LKQ Corp. | 7552 |
|  |  | 34501 |
|  | ***Diversified Financial Services — 1.1%*** |  |
| 164 | Berkshire Hathaway, Inc., Class B (a) | 52250 |
|  | ***Diversified Telecommunication Services — 0.9%*** |  |
| 1695 | AT&T, Inc. | 32680 |
| 2248 | Lumen Technologies, Inc. | 12296 |
|  |  | 44976 |

---

---

| |
|:---|
| **First Trust Active Factor Large Cap ETF (AFLG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Electric Utilities — 2.7%*** |  |
| 318 | Constellation Energy Corp. | $30566 |
| 203 | Evergy, Inc. | 12020 |
| 517 | Exelon Corp. | 21389 |
| 334 | FirstEnergy Corp. | 13774 |
| 676 | NRG Energy, Inc. | 28696 |
| 879 | PPL Corp. | 25948 |
| 44 | Southern (The) Co. | 2976 |
|  |  | 135369 |
|  | ***Electrical Equipment — 0.2%*** |  |
| 48 | Hubbell, Inc. | 12195 |
|  | ***Electronic Equipment, Instruments & Components — 1.4%*** |  |
| 179 | Amphenol Corp., Class A | 14397 |
| 40 | CDW Corp. | 7545 |
| 103 | Keysight Technologies, Inc. (a) | 18632 |
| 207 | TE Connectivity Ltd. | 26107 |
|  |  | 66681 |
|  | ***Entertainment — 0.2%*** |  |
| 20 | Electronic Arts, Inc. | 2615 |
| 103 | Liberty Media Corp.-Liberty Formula One, Class C (a) | 6277 |
|  |  | 8892 |
|  | ***Equity Real Estate Investment Trusts — 3.4%*** |  |
| 32 | AvalonBay Communities, Inc. | 5597 |
| 171 | Boston Properties, Inc. | 12326 |
| 207 | Equity Residential | 13426 |
| 12 | Essex Property Trust, Inc. | 2644 |
| 48 | Extra Space Storage, Inc. | 7713 |
| 461 | Gaming and Leisure Properties, Inc. | 24253 |
| 724 | Host Hotels & Resorts, Inc. | 13713 |
| 357 | Iron Mountain, Inc. | 19396 |
| 36 | Mid-America Apartment Communities, Inc. | 5936 |
| 60 | Public Storage | 17878 |
| 180 | Regency Centers Corp. | 11957 |
| 733 | Weyerhaeuser Co. | 23976 |
| 139 | WP Carey, Inc. | 10953 |
|  |  | 169768 |
|  | ***Food & Staples Retailing — 2.3%*** |  |
| 258 | Albertsons Cos., Inc., Class A | 5405 |
| 36 | Costco Wholesale Corp. | 19413 |
| 783 | Kroger (The) Co. | 38516 |
| 159 | Sysco Corp. | 13755 |
| 299 | Walgreens Boots Alliance, Inc. | 12409 |
| 143 | Walmart, Inc. | 21796 |
|  |  | 111294 |
|  | ***Food Products — 1.6%*** |  |
| 266 | Archer-Daniels-Midland Co. | 25935 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Food Products (Continued)*** |  |
| 342 | General Mills, Inc. | $29172 |
| 331 | Tyson Foods, Inc., Class A | 21939 |
|  |  | 77046 |
|  | ***Health Care Equipment & Supplies — 1.1%*** |  |
| 414 | DENTSPLY SIRONA, Inc. | 12528 |
| 366 | Hologic, Inc. (a) | 27874 |
| 195 | Medtronic PLC | 15413 |
|  |  | 55815 |
|  | ***Health Care Providers & Services — 6.6%*** |  |
| 60 | AmerisourceBergen Corp. | 10242 |
| 131 | Cardinal Health, Inc. | 10502 |
| 68 | Centene Corp. (a) | 5920 |
| 115 | Cigna Corp. | 37822 |
| 422 | CVS Health Corp. | 42993 |
| 83 | Elevance Health, Inc. | 44232 |
| 283 | Henry Schein, Inc. (a) | 22900 |
| 40 | Humana, Inc. | 21996 |
| 99 | Laboratory Corp. of America Holdings | 23829 |
| 64 | McKesson Corp. | 24428 |
| 163 | Quest Diagnostics, Inc. | 24748 |
| 80 | UnitedHealth Group, Inc. | 43821 |
| 95 | Universal Health Services, Inc., Class B | 12431 |
|  |  | 325864 |
|  | ***Hotels, Restaurants & Leisure — 0.4%*** |  |
| 4 | Booking Holdings, Inc. (a) | 8318 |
| 40 | McDonald's Corp. | 10911 |
|  |  | 19229 |
|  | ***Household Durables — 2.7%*** |  |
| 207 | D.R. Horton, Inc. | 17802 |
| 318 | Lennar Corp., Class A | 27930 |
| 12 | NVR, Inc. (a) | 55668 |
| 437 | PulteGroup, Inc. | 19569 |
| 72 | Whirlpool Corp. | 10550 |
|  |  | 131519 |
|  | ***Household Products — 0.2%*** |  |
| 119 | Colgate-Palmolive Co. | 9220 |
|  | ***Independent Power and Renewable Electricity Producers — 0.3%*** |  |
| 469 | AES (The) Corp. | 13563 |
|  | ***Industrial Conglomerates — 0.6%*** |  |
| 215 | 3M Co. | 27084 |
|  | ***Insurance — 5.3%*** |  |
| 588 | Aflac, Inc. | 42295 |
| 52 | Allstate (The) Corp. | 6963 |

---

---

| |
|:---|
| **First Trust Active Factor Large Cap ETF (AFLG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Insurance (Continued)*** |  |
| 32 | American Financial Group, Inc. | $4551 |
| 457 | American International Group, Inc. | 28841 |
| 28 | Aon PLC, Class A | 8632 |
| 215 | Arch Capital Group Ltd. (a) | 12881 |
| 68 | Arthur J. Gallagher & Co. | 13539 |
| 20 | Assurant, Inc. | 2564 |
| 44 | Erie Indemnity Co., Class A | 12425 |
| 24 | Globe Life, Inc. | 2879 |
| 350 | Hartford Financial Services Group (The), Inc. | 26730 |
| 262 | Loews Corp. | 15235 |
| 76 | Marsh & McLennan Cos., Inc. | 13162 |
| 44 | MetLife, Inc. | 3375 |
| 72 | Principal Financial Group, Inc. | 6457 |
| 115 | Progressive (The) Corp. | 15197 |
| 123 | Prudential Financial, Inc. | 13288 |
| 16 | Travelers (The) Cos., Inc. | 3037 |
| 322 | W.R. Berkley Corp. | 24562 |
| 12 | Willis Towers Watson PLC | 2954 |
|  |  | 259567 |
|  | ***Interactive Media & Services — 2.4%*** |  |
| 1061 | Alphabet, Inc., Class A (a) | 107150 |
| 87 | Meta Platforms, Inc., Class A (a) | 10275 |
|  |  | 117425 |
|  | ***Internet & Direct Marketing Retail — 0.8%*** |  |
| 409 | Amazon.com, Inc. (a) | 39485 |
|  | ***IT Services — 4.2%*** |  |
| 24 | Accenture PLC, Class A | 7222 |
| 123 | Automatic Data Processing, Inc. | 32489 |
| 415 | Cognizant Technology Solutions Corp., Class A | 25817 |
| 286 | DXC Technology Co. (a) | 8486 |
| 72 | Gartner, Inc. (a) | 25227 |
| 115 | International Business Machines Corp. | 17124 |
| 64 | Jack Henry & Associates, Inc. | 12118 |
| 32 | Mastercard, Inc., Class A | 11405 |
| 183 | Paychex, Inc. | 22697 |
| 414 | SS&C Technologies Holdings, Inc. | 22257 |
| 1588 | Western Union (The) Co. | 23280 |
|  |  | 208122 |
|  | ***Machinery — 1.6%*** |  |
| 60 | Cummins, Inc. | 15070 |
| 95 | Ingersoll Rand, Inc. | 5127 |
| 12 | Nordson Corp. | 2838 |
| 36 | Otis Worldwide Corp. | 2811 |
| 52 | Pentair PLC | 2380 |
| 127 | Snap-on, Inc. | 30556 |
| 103 | Toro (The) Co. | 11432 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Machinery (Continued)*** |  |
| 99 | Westinghouse Air Brake Technologies Corp. | $10008 |
|  |  | 80222 |
|  | ***Media — 1.6%*** |  |
| 958 | Comcast Corp., Class A | 35101 |
| 771 | Fox Corp., Class A | 25019 |
| 81 | Interpublic Group of (The) Cos., Inc. | 2783 |
| 828 | News Corp., Class A | 15856 |
|  |  | 78759 |
|  | ***Metals & Mining — 1.9%*** |  |
| 60 | Alcoa Corp. | 3008 |
| 270 | Nucor Corp. | 40486 |
| 68 | Reliance Steel & Aluminum Co. | 14368 |
| 346 | Steel Dynamics, Inc. | 35960 |
|  |  | 93822 |
|  | ***Multiline Retail — 0.5%*** |  |
| 32 | Dollar General Corp. | 8182 |
| 64 | Dollar Tree, Inc. (a) | 9618 |
| 52 | Target Corp. | 8688 |
|  |  | 26488 |
|  | ***Multi-Utilities — 1.4%*** |  |
| 290 | CenterPoint Energy, Inc. | 9022 |
| 489 | Consolidated Edison, Inc. | 47942 |
| 76 | Sempra Energy | 12630 |
|  |  | 69594 |
|  | ***Oil, Gas & Consumable Fuels — 5.6%*** |  |
| 167 | Antero Resources Corp. (a) | 6104 |
| 52 | APA Corp. | 2436 |
| 191 | Chesapeake Energy Corp. | 19769 |
| 179 | Chevron Corp. | 32813 |
| 147 | ConocoPhillips | 18156 |
| 727 | Coterra Energy, Inc. | 20291 |
| 167 | Devon Energy Corp. | 11443 |
| 247 | EQT Corp. | 10475 |
| 874 | Exxon Mobil Corp. | 97311 |
| 151 | HF Sinclair Corp. | 9413 |
| 445 | Marathon Oil Corp. | 13630 |
| 167 | Marathon Petroleum Corp. | 20342 |
| 4 | Texas Pacific Land Corp. | 10370 |
| 36 | Valero Energy Corp. | 4810 |
|  |  | 277363 |
|  | ***Pharmaceuticals — 3.3%*** |  |
| 624 | Bristol-Myers Squibb Co. | 50095 |
| 131 | Eli Lilly & Co. | 48612 |
| 1119 | Pfizer, Inc. | 56095 |
| 543 | Viatris, Inc. | 5989 |
|  |  | 160791 |

---

---

| |
|:---|
| **First Trust Active Factor Large Cap ETF (AFLG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Professional Services — 1.2%*** |  |
| 219 | Booz Allen Hamilton Holding Corp. | $23302 |
| 131 | CoStar Group, Inc. (a) | 10616 |
| 295 | Robert Half International, Inc. | 23240 |
|  |  | 57158 |
|  | ***Real Estate Management & Development — 0.5%*** |  |
| 335 | CBRE Group, Inc., Class A (a) | 26666 |
|  | ***Road & Rail — 0.1%*** |  |
| 12 | Old Dominion Freight Line, Inc. | 3631 |
|  | ***Semiconductors & Semiconductor Equipment — 4.9%*** |  |
| 302 | Applied Materials, Inc. | 33099 |
| 80 | Broadcom, Inc. | 44082 |
| 48 | Enphase Energy, Inc. (a) | 15388 |
| 406 | Intel Corp. | 12209 |
| 64 | KLA Corp. | 25162 |
| 24 | Lam Research Corp. | 11337 |
| 159 | Microchip Technology, Inc. | 12591 |
| 175 | Micron Technology, Inc. | 10089 |
| 8 | Monolithic Power Systems, Inc. | 3056 |
| 231 | ON Semiconductor Corp. (a) | 17371 |
| 203 | Qorvo, Inc. (a) | 20148 |
| 231 | QUALCOMM, Inc. | 29219 |
| 64 | Teradyne, Inc. | 5981 |
|  |  | 239732 |
|  | ***Software — 5.4%*** |  |
| 111 | Aspen Technology, Inc. (a) | 25586 |
| 95 | Cadence Design Systems, Inc. (a) | 16344 |
| 24 | Fair Isaac Corp. (a) | 14873 |
| 21 | Gen Digital, Inc. | 482 |
| 12 | Intuit, Inc. | 4891 |
| 681 | Microsoft Corp. | 173751 |
| 8 | Palo Alto Networks, Inc. (a) | 1359 |
| 95 | PTC, Inc. (a) | 12085 |
| 56 | Synopsys, Inc. (a) | 19014 |
|  |  | 268385 |
|  | ***Specialty Retail — 3.5%*** |  |
| 12 | Advance Auto Parts, Inc. | 1812 |
| 12 | AutoZone, Inc. (a) | 30948 |
| 139 | Bath & Body Works, Inc. | 5908 |
| 262 | Best Buy Co., Inc. | 22349 |
| 76 | Home Depot (The), Inc. | 24623 |
| 72 | Lowe's Cos., Inc. | 15304 |
| 12 | O'Reilly Automotive, Inc. (a) | 10374 |
| 175 | TJX (The) Cos., Inc. | 14009 |
| 64 | Tractor Supply Co. | 14484 |
| 16 | Ulta Beauty, Inc. (a) | 7437 |
| 203 | Victoria's Secret & Co. (a) | 9338 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Specialty Retail (Continued)*** |  |
| 147 | Williams-Sonoma, Inc. | $17184 |
|  |  | 173770 |
|  | ***Technology Hardware, Storage & Peripherals — 7.1%*** |  |
| 1807 | Apple, Inc. | 267490 |
| 294 | Dell Technologies, Inc., Class C | 13168 |
| 950 | HP, Inc. | 28538 |
| 350 | NetApp, Inc. | 23664 |
| 375 | Seagate Technology Holdings PLC | 19864 |
|  |  | 352724 |
|  | ***Textiles, Apparel & Luxury Goods — 1.0%*** |  |
| 185 | Ralph Lauren Corp. | 20927 |
| 628 | Tapestry, Inc. | 23720 |
| 243 | Under Armour, Inc., Class A (a) | 2430 |
|  |  | 47077 |
|  | ***Tobacco — 0.9%*** |  |
| 600 | Altria Group, Inc. | 27948 |
| 183 | Philip Morris International, Inc. | 18240 |
|  |  | 46188 |
|  | ***Trading Companies & Distributors — 0.5%*** |  |
| 48 | Fastenal Co. | 2473 |
| 40 | W.W. Grainger, Inc. | 24122 |
|  |  | 26595 |
|  | ***Wireless Telecommunication Services — 0.3%*** |  |
| 99 | T-Mobile US, Inc. (a) | 14995 |
|  | **Total Common Stocks — 99.7%** | 4928067 |
|  | (Cost $4,755,344) |  |
|  | **Money Market Funds — 0.1%** |  |
| 5662 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 5662 |
|  | (Cost $5,662) |  |
|  | **Total Investments — 99.8%** | 4933729 |
|  | (Cost $4,761,006) |  |
|  | **Net Other Assets and Liabilities — 0.2%** | 12205 |
|  | **Net Assets — 100.0%** | $4945934 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **First Trust Active Factor Large Cap ETF (AFLG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks\* | $4928067 | $4928067 | $— | $— |
| Money Market Funds | 5662 | 5662 |  |  |
| Total Investments | $4933729 | $4933729 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust Active Factor Mid Cap ETF (AFMC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 99.7%** |  |
|  | ***Aerospace & Defense — 1.2%*** |  |
| 44 | Curtiss-Wright Corp. | $7773 |
| 123 | Parsons Corp. (a) | 6088 |
|  |  | 13861 |
|  | ***Air Freight & Logistics — 0.1%*** |  |
| 7 | C.H. Robinson Worldwide, Inc. | 702 |
|  | ***Auto Components — 0.2%*** |  |
| 19 | Visteon Corp. (a) | 2789 |
|  | ***Automobiles — 0.6%*** |  |
| 79 | Thor Industries, Inc. | 6805 |
|  | ***Banks — 4.2%*** |  |
| 164 | Bank OZK | 7569 |
| 148 | Cathay General Bancorp | 6877 |
| 34 | Commerce Bancshares, Inc. | 2547 |
| 25 | Cullen/Frost Bankers, Inc. | 3627 |
| 198 | CVB Financial Corp. | 5679 |
| 237 | F.N.B. Corp. | 3342 |
| 59 | International Bancshares Corp. | 3108 |
| 75 | Popular, Inc. | 5476 |
| 51 | Prosperity Bancshares, Inc. | 3854 |
| 173 | United Bankshares, Inc. | 7420 |
|  |  | 49499 |
|  | ***Beverages — 0.4%*** |  |
| 20 | Celsius Holdings, Inc. (a) | 2227 |
| 53 | National Beverage Corp. | 2731 |
|  |  | 4958 |
|  | ***Biotechnology — 2.9%*** |  |
| 1 | Emergent BioSolutions, Inc. (a) | 12 |
| 413 | Exelixis, Inc. (a) | 7054 |
| 78 | Halozyme Therapeutics, Inc. (a) | 4466 |
| 5 | Karuna Therapeutics, Inc. (a) | 1177 |
| 74 | Neurocrine Biosciences, Inc. (a) | 9403 |
| 42 | United Therapeutics Corp. (a) | 11755 |
|  |  | 33867 |
|  | ***Building Products — 3.3%*** |  |
| 20 | Advanced Drainage Systems, Inc. | 1945 |
| 225 | Builders FirstSource, Inc. (a) | 14384 |
| 17 | Carlisle Cos., Inc. | 4473 |
| 10 | Fortune Brands Home & Security, Inc. | 653 |
| 102 | Owens Corning | 9062 |
| 100 | UFP Industries, Inc. | 8186 |
|  |  | 38703 |
|  | ***Capital Markets — 1.9%*** |  |
| 7 | FactSet Research Systems, Inc. | 3229 |
| 192 | Federated Hermes, Inc. | 7288 |
| 47 | Interactive Brokers Group, Inc., Class A | 3774 |
| 140 | Janus Henderson Group PLC | 3541 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Capital Markets (Continued)*** |  |
| 108 | Jefferies Financial Group, Inc. | $4103 |
|  |  | 21935 |
|  | ***Chemicals — 2.4%*** |  |
| 35 | Ashland, Inc. | 3915 |
| 85 | Chemours (The) Co. | 2639 |
| 237 | Huntsman Corp. | 6584 |
| 166 | Olin Corp. | 9459 |
| 56 | RPM International, Inc. | 5803 |
|  |  | 28400 |
|  | ***Commercial Services & Supplies — 0.2%*** |  |
| 100 | HNI Corp. | 2900 |
|  | ***Communications Equipment — 2.3%*** |  |
| 50 | Calix, Inc. (a) | 3565 |
| 75 | Ciena Corp. (a) | 3372 |
| 9 | F5, Inc. (a) | 1391 |
| 173 | Juniper Networks, Inc. | 5751 |
| 71 | Lumentum Holdings, Inc. (a) | 3901 |
| 232 | NetScout Systems, Inc. (a) | 8649 |
|  |  | 26629 |
|  | ***Construction & Engineering — 2.9%*** |  |
| 62 | AECOM | 5270 |
| 5 | Comfort Systems USA, Inc. | 634 |
| 45 | Dycom Industries, Inc. (a) | 4101 |
| 49 | EMCOR Group, Inc. | 7590 |
| 182 | Fluor Corp. (a) | 6117 |
| 23 | Valmont Industries, Inc. | 7789 |
| 56 | WillScot Mobile Mini Holdings Corp. (a) | 2700 |
|  |  | 34201 |
|  | ***Consumer Finance — 0.8%*** |  |
| 112 | Ally Financial, Inc. | 3025 |
| 401 | Navient Corp. | 6645 |
|  |  | 9670 |
|  | ***Diversified Consumer Services — 0.7%*** |  |
| 6 | Grand Canyon Education, Inc. (a) | 678 |
| 186 | H&R Block, Inc. | 8130 |
|  |  | 8808 |
|  | ***Diversified Financial Services — 0.5%*** |  |
| 97 | Voya Financial, Inc. | 6400 |
|  | ***Diversified Telecommunication Services — 1.0%*** |  |
| 279 | EchoStar Corp., Class A (a) | 4855 |
| 69 | Iridium Communications, Inc. (a) | 3664 |
| 673 | Lumen Technologies, Inc. | 3681 |
|  |  | 12200 |

---

---

| |
|:---|
| **First Trust Active Factor Mid Cap ETF (AFMC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Electric Utilities — 1.5%*** |  |
| 168 | NRG Energy, Inc. | $7132 |
| 273 | OGE Energy Corp. | 11045 |
|  |  | 18177 |
|  | ***Electrical Equipment — 2.4%*** |  |
| 17 | Acuity Brands, Inc. | 3201 |
| 44 | Atkore, Inc. (a) | 5375 |
| 817 | GrafTech International Ltd. | 4412 |
| 38 | Hubbell, Inc. | 9654 |
| 143 | nVent Electric PLC | 5721 |
|  |  | 28363 |
|  | ***Electronic Equipment, Instruments & Components — 4.1%*** |  |
| 42 | Arrow Electronics, Inc. (a) | 4567 |
| 161 | Avnet, Inc. | 7272 |
| 89 | Belden, Inc. | 7159 |
| 59 | IPG Photonics Corp. (a) | 5371 |
| 64 | Jabil, Inc. | 4620 |
| 105 | National Instruments Corp. | 4307 |
| 52 | Sanmina Corp. (a) | 3437 |
| 422 | Vishay Intertechnology, Inc. | 9723 |
| 54 | Vontier Corp. | 1060 |
| 2 | Zebra Technologies Corp., Class A (a) | 541 |
|  |  | 48057 |
|  | ***Entertainment — 0.7%*** |  |
| 98 | World Wrestling Entertainment, Inc., Class A | 7828 |
|  | ***Equity Real Estate Investment Trusts — 6.6%*** |  |
| 242 | Brixmor Property Group, Inc. | 5610 |
| 285 | Corporate Office Properties Trust | 7915 |
| 240 | Cousins Properties, Inc. | 6331 |
| 26 | First Industrial Realty Trust, Inc. | 1314 |
| 199 | Highwoods Properties, Inc. | 5930 |
| 420 | Hudson Pacific Properties, Inc. | 4855 |
| 100 | Iron Mountain, Inc. | 5433 |
| 83 | Kilroy Realty Corp. | 3587 |
| 558 | Medical Properties Trust, Inc. | 7321 |
| 170 | National Retail Properties, Inc. | 7881 |
| 360 | Omega Healthcare Investors, Inc. | 10901 |
| 162 | PotlatchDeltic Corp. | 7742 |
| 43 | Regency Centers Corp. | 2857 |
|  |  | 77677 |
|  | ***Food & Staples Retailing — 0.9%*** |  |
| 129 | Albertsons Cos., Inc., Class A | 2703 |
| 246 | Sprouts Farmers Market, Inc. (a) | 8445 |
|  |  | 11148 |
|  | ***Food Products — 2.0%*** |  |
| 182 | Flowers Foods, Inc. | 5469 |
| 95 | Hostess Brands, Inc. (a) | 2508 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Food Products (Continued)*** |  |
| 5 | J.M. Smucker (The) Co. | $770 |
| 15 | Lancaster Colony Corp. | 3107 |
| 121 | Pilgrim's Pride Corp. (a) | 3165 |
| 98 | Post Holdings, Inc. (a) | 9174 |
|  |  | 24193 |
|  | ***Gas Utilities — 1.8%*** |  |
| 169 | National Fuel Gas Co. | 11193 |
| 29 | ONE Gas, Inc. | 2521 |
| 201 | UGI Corp. | 7769 |
|  |  | 21483 |
|  | ***Health Care Equipment & Supplies — 3.0%*** |  |
| 168 | DENTSPLY SIRONA, Inc. | 5084 |
| 60 | Enovis Corp. (a) | 3248 |
| 153 | Envista Holdings Corp. (a) | 5220 |
| 85 | Haemonetics Corp. (a) | 7251 |
| 9 | Inspire Medical Systems, Inc. (a) | 2174 |
| 10 | iRhythm Technologies, Inc. (a) | 1091 |
| 42 | Lantheus Holdings, Inc. (a) | 2607 |
| 25 | Merit Medical Systems, Inc. (a) | 1800 |
| 23 | QuidelOrtho Corp. (a) | 2015 |
| 21 | Shockwave Medical, Inc. (a) | 5326 |
|  |  | 35816 |
|  | ***Health Care Providers & Services — 4.9%*** |  |
| 5 | Amedisys, Inc. (a) | 455 |
| 79 | AMN Healthcare Services, Inc. (a) | 9772 |
| 70 | Cardinal Health, Inc. | 5612 |
| 6 | Chemed Corp. | 3120 |
| 6 | DaVita, Inc. (a) | 442 |
| 109 | Enhabit, Inc. (a) | 1560 |
| 119 | Henry Schein, Inc. (a) | 9630 |
| 24 | Molina Healthcare, Inc. (a) | 8083 |
| 197 | Option Care Health, Inc. (a) | 5932 |
| 41 | Patterson Cos., Inc. | 1166 |
| 163 | Premier, Inc., Class A | 5436 |
| 47 | Universal Health Services, Inc., Class B | 6150 |
|  |  | 57358 |
|  | ***Household Durables — 2.5%*** |  |
| 72 | Meritage Homes Corp. (a) | 6222 |
| 149 | PulteGroup, Inc. | 6672 |
| 314 | Taylor Morrison Home Corp. (a) | 9543 |
| 64 | Toll Brothers, Inc. | 3066 |
| 153 | Tri Pointe Homes, Inc. (a) | 2821 |
| 11 | Whirlpool Corp. | 1612 |
|  |  | 29936 |

---

---

| |
|:---|
| **First Trust Active Factor Mid Cap ETF (AFMC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Independent Power and Renewable Electricity Producers — 0.4%*** |  |
| 74 | Clearway Energy, Inc., Class C | $2623 |
| 79 | Vistra Corp. | 1922 |
|  |  | 4545 |
|  | ***Insurance — 4.0%*** |  |
| 25 | American Financial Group, Inc. | 3555 |
| 134 | Brighthouse Financial, Inc. (a) | 7469 |
| 152 | CNO Financial Group, Inc. | 3569 |
| 23 | Erie Indemnity Co., Class A | 6495 |
| 15 | First American Financial Corp. | 820 |
| 24 | Kinsale Capital Group, Inc. | 7397 |
| 137 | Loews Corp. | 7967 |
| 166 | Old Republic International Corp. | 4067 |
| 150 | Unum Group | 6327 |
|  |  | 47666 |
|  | ***Internet & Direct Marketing Retail — 0.1%*** |  |
| 529 | Qurate Retail, Inc., Series A (a) | 1243 |
|  | ***IT Services — 1.9%*** |  |
| 80 | DXC Technology Co. (a) | 2374 |
| 40 | Euronet Worldwide, Inc. (a) | 3718 |
| 40 | ExlService Holdings, Inc. (a) | 7488 |
| 23 | Genpact Ltd. | 1060 |
| 3 | Maximus, Inc. | 211 |
| 482 | Western Union (The) Co. | 7066 |
|  |  | 21917 |
|  | ***Leisure Products — 0.2%*** |  |
| 118 | Mattel, Inc. (a) | 2151 |
|  | ***Life Sciences Tools & Services — 0.3%*** |  |
| 4 | Medpace Holdings, Inc. (a) | 840 |
| 76 | Syneos Health, Inc. (a) | 2681 |
|  |  | 3521 |
|  | ***Machinery — 2.8%*** |  |
| 66 | Allison Transmission Holdings, Inc. | 2957 |
| 14 | Crane Holdings Co. | 1483 |
| 7 | Franklin Electric Co., Inc. | 583 |
| 240 | Kennametal, Inc. | 6341 |
| 36 | Lincoln Electric Holdings, Inc. | 5324 |
| 25 | Snap-on, Inc. | 6015 |
| 56 | Timken (The) Co. | 4255 |
| 38 | Toro (The) Co. | 4217 |
| 11 | Watts Water Technologies, Inc., Class A | 1743 |
|  |  | 32918 |
|  | ***Media — 1.0%*** |  |
| 43 | Interpublic Group of (The) Cos., Inc. | 1477 |
| 12 | John Wiley & Sons, Inc., Class A | 569 |
| 36 | Nexstar Media Group, Inc. | 6824 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Media (Continued)*** |  |
| 166 | TEGNA, Inc. | $3277 |
|  |  | 12147 |
|  | ***Metals & Mining — 4.7%*** |  |
| 143 | Cleveland-Cliffs, Inc. (a) | 2214 |
| 74 | Commercial Metals Co. | 3642 |
| 90 | Reliance Steel & Aluminum Co. | 19016 |
| 230 | Steel Dynamics, Inc. | 23904 |
| 249 | United States Steel Corp. | 6546 |
|  |  | 55322 |
|  | ***Multiline Retail — 1.4%*** |  |
| 23 | Dillard's, Inc., Class A | 8273 |
| 335 | Macy's, Inc. | 7873 |
|  |  | 16146 |
|  | ***Oil, Gas & Consumable Fuels — 4.0%*** |  |
| 51 | Chesapeake Energy Corp. | 5278 |
| 20 | Chord Energy Corp. | 3051 |
| 219 | Coterra Energy, Inc. | 6112 |
| 20 | Denbury, Inc. (a) | 1795 |
| 133 | EQT Corp. | 5641 |
| 117 | HF Sinclair Corp. | 7294 |
| 21 | Magnolia Oil & Gas Corp., Class A | 548 |
| 248 | Marathon Oil Corp. | 7596 |
| 35 | PBF Energy, Inc., Class A | 1392 |
| 63 | PDC Energy, Inc. | 4682 |
| 53 | Peabody Energy Corp. (a) | 1693 |
| 93 | Range Resources Corp. | 2685 |
|  |  | 47767 |
|  | ***Paper & Forest Products — 0.6%*** |  |
| 108 | Louisiana-Pacific Corp. | 6890 |
|  | ***Personal Products — 0.6%*** |  |
| 163 | Nu Skin Enterprises, Inc., Class A | 6799 |
|  | ***Pharmaceuticals — 0.6%*** |  |
| 24 | Organon & Co. | 625 |
| 98 | Prestige Consumer Healthcare, Inc. (a) | 6023 |
|  |  | 6648 |
|  | ***Professional Services — 2.8%*** |  |
| 16 | ASGN, Inc. (a) | 1450 |
| 1 | CACI International, Inc., Class A (a) | 312 |
| 23 | FTI Consulting, Inc. (a) | 3975 |
| 31 | Insperity, Inc. | 3675 |
| 75 | KBR, Inc. | 3875 |
| 80 | ManpowerGroup, Inc. | 7002 |
| 37 | Robert Half International, Inc. | 2915 |
| 41 | Science Applications International Corp. | 4514 |
| 79 | TriNet Group, Inc. (a) | 5725 |
|  |  | 33443 |

---

---

| |
|:---|
| **First Trust Active Factor Mid Cap ETF (AFMC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Real Estate Management & Development — 0.7%*** |  |
| 46 | Jones Lang LaSalle, Inc. (a) | $7736 |
|  | ***Road & Rail — 2.2%*** |  |
| 159 | Knight-Swift Transportation Holdings, Inc. | 8813 |
| 22 | Landstar System, Inc. | 3806 |
| 242 | Schneider National, Inc., Class B | 6234 |
| 156 | Werner Enterprises, Inc. | 6861 |
|  |  | 25714 |
|  | ***Semiconductors & Semiconductor Equipment — 2.5%*** |  |
| 99 | Cirrus Logic, Inc. (a) | 7396 |
| 72 | Lattice Semiconductor Corp. (a) | 5244 |
| 31 | MKS Instruments, Inc. | 2600 |
| 59 | Qorvo, Inc. (a) | 5856 |
| 74 | Rambus, Inc. (a) | 2840 |
| 91 | Semtech Corp. (a) | 2797 |
| 26 | Synaptics, Inc. (a) | 2755 |
|  |  | 29488 |
|  | ***Software — 2.8%*** |  |
| 5 | Appfolio, Inc., Class A (a) | 570 |
| 18 | Aspen Technology, Inc. (a) | 4149 |
| 177 | Box, Inc., Class A (a) | 4859 |
| 23 | CommVault Systems, Inc. (a) | 1518 |
| 55 | Dropbox, Inc., Class A (a) | 1296 |
| 13 | Fair Isaac Corp. (a) | 8056 |
| 23 | Gen Digital, Inc. | 528 |
| 81 | InterDigital, Inc. | 4064 |
| 16 | Manhattan Associates, Inc. (a) | 2015 |
| 26 | Qualys, Inc. (a) | 3206 |
| 14 | SPS Commerce, Inc. (a) | 1992 |
| 35 | Teradata Corp. (a) | 1195 |
|  |  | 33448 |
|  | ***Specialty Retail — 4.9%*** |  |
| 119 | Aaron's (The) Co., Inc. | 1451 |
| 3 | Advance Auto Parts, Inc. | 453 |
| 109 | AutoNation, Inc. (a) | 13506 |
| 31 | Bath & Body Works, Inc. | 1317 |
| 98 | Dick's Sporting Goods, Inc. | 11719 |
| 79 | Foot Locker, Inc. | 3144 |
| 27 | Murphy USA, Inc. | 7987 |
| 56 | Penske Automotive Group, Inc. | 7081 |
| 57 | Victoria's Secret & Co. (a) | 2622 |
| 70 | Williams-Sonoma, Inc. | 8183 |
|  |  | 57463 |
|  | ***Technology Hardware, Storage & Peripherals — 0.8%*** |  |
| 40 | NetApp, Inc. | 2704 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Technology Hardware, Storage & Peripherals (Continued)*** |  |
| 95 | Pure Storage, Inc., Class A (a) | $2773 |
| 47 | Super Micro Computer, Inc. (a) | 4241 |
|  |  | 9718 |
|  | ***Textiles, Apparel & Luxury Goods — 1.4%*** |  |
| 58 | Capri Holdings Ltd. (a) | 3326 |
| 11 | Deckers Outdoor Corp. (a) | 4388 |
| 86 | PVH Corp. | 5778 |
| 11 | Ralph Lauren Corp. | 1244 |
| 42 | Tapestry, Inc. | 1586 |
|  |  | 16322 |
|  | ***Thrifts & Mortgage Finance — 1.8%*** |  |
| 172 | Essent Group Ltd. | 6895 |
| 432 | MGIC Investment Corp. | 5931 |
| 42 | PennyMac Financial Services, Inc. | 2506 |
| 275 | Radian Group, Inc. | 5382 |
|  |  | 20714 |
|  | ***Trading Companies & Distributors — 1.2%*** |  |
| 31 | Applied Industrial Technologies, Inc. | 4107 |
| 14 | MSC Industrial Direct Co., Inc., Class A | 1202 |
| 208 | Univar Solutions, Inc. (a) | 6891 |
| 6 | Watsco, Inc. | 1614 |
|  |  | 13814 |
|  | **Total Common Stocks — 99.7%** | 1175903 |
|  | (Cost $1,193,812) |  |
|  | **Money Market Funds — 0.1%** |  |
| 1879 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 1879 |
|  | (Cost $1,879) |  |
|  | **Total Investments — 99.8%** | 1177782 |
|  | (Cost $1,195,691) |  |
|  | **Net Other Assets and Liabilities — 0.2%** | 1966 |
|  | **Net Assets — 100.0%** | $1179748 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **First Trust Active Factor Mid Cap ETF (AFMC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks\* | $1175903 | $1175903 | $— | $— |
| Money Market Funds | 1879 | 1879 |  |  |
| Total Investments | $1177782 | $1177782 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust Active Factor Small Cap ETF (AFSM)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 99.6%** |  |
|  | ***Aerospace & Defense — 0.3%*** |  |
| 248 | Parsons Corp. (a) | $12276 |
|  | ***Air Freight & Logistics — 0.5%*** |  |
| 112 | Forward Air Corp. | 12585 |
| 164 | Hub Group, Inc., Class A (a) | 13801 |
|  |  | 26386 |
|  | ***Auto Components — 0.5%*** |  |
| 383 | Modine Manufacturing Co. (a) | 8108 |
| 252 | Patrick Industries, Inc. | 14095 |
|  |  | 22203 |
|  | ***Automobiles — 0.3%*** |  |
| 212 | Winnebago Industries, Inc. | 12421 |
|  | ***Banks — 6.7%*** |  |
| 116 | BancFirst Corp. | 11825 |
| 683 | BankUnited, Inc. | 25080 |
| 839 | Berkshire Hills Bancorp, Inc. | 26160 |
| 275 | City Holding Co. | 28028 |
| 995 | CVB Financial Corp. | 28536 |
| 80 | Dime Community Bancshares, Inc. | 2854 |
| 862 | First BanCorp | 13257 |
| 343 | Hancock Whitney Corp. | 18810 |
| 363 | Heritage Financial Corp. | 11943 |
| 427 | Hilltop Holdings, Inc. | 12725 |
| 751 | HomeStreet, Inc. | 20502 |
| 263 | NBT Bancorp, Inc. | 12140 |
| 899 | Northwest Bancshares, Inc. | 13746 |
| 431 | OFG Bancorp | 12486 |
| 307 | Popular, Inc. | 22417 |
| 160 | Preferred Bank | 12094 |
| 192 | Stock Yards Bancorp, Inc. | 14212 |
| 220 | TriCo Bancshares | 11990 |
| 339 | Trustmark Corp. | 12401 |
| 367 | WesBanco, Inc. | 14845 |
|  |  | 326051 |
|  | ***Beverages — 0.3%*** |  |
| 112 | MGP Ingredients, Inc. | 14007 |
|  | ***Biotechnology — 5.7%*** |  |
| 752 | Alkermes PLC (a) | 18635 |
| 228 | Amicus Therapeutics, Inc. (a) | 2759 |
| 80 | Anika Therapeutics, Inc. (a) | 2523 |
| 411 | Arcutis Biotherapeutics, Inc. (a) | 7082 |
| 1920 | Catalyst Pharmaceuticals, Inc. (a) | 32198 |
| 547 | Chinook Therapeutics, Inc. (a) | 12390 |
| 527 | Deciphera Pharmaceuticals, Inc. (a) | 8385 |
| 826 | Dynavax Technologies Corp. (a) | 10251 |
| 651 | Eagle Pharmaceuticals, Inc. (a) | 23644 |
| 40 | Enanta Pharmaceuticals, Inc. (a) | 1752 |
| 303 | Halozyme Therapeutics, Inc. (a) | 17350 |
| 2367 | Ironwood Pharmaceuticals, Inc. (a) | 28664 |
| 40 | Karuna Therapeutics, Inc. (a) | 9412 |
| 168 | Prometheus Biosciences, Inc. (a) | 6906 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Biotechnology (Continued)*** |  |
| 870 | REGENXBIO, Inc. (a) | $20793 |
| 255 | Rhythm Pharmaceuticals, Inc. (a) | 6826 |
| 419 | Syndax Pharmaceuticals, Inc. (a) | 10039 |
| 2307 | Vanda Pharmaceuticals, Inc. (a) | 25169 |
| 631 | Vir Biotechnology, Inc. (a) | 17807 |
| 531 | Xencor, Inc. (a) | 15781 |
|  |  | 278366 |
|  | ***Building Products — 1.2%*** |  |
| 44 | Advanced Drainage Systems, Inc. | 4279 |
| 747 | Insteel Industries, Inc. | 22029 |
| 395 | UFP Industries, Inc. | 32335 |
|  |  | 58643 |
|  | ***Capital Markets — 1.1%*** |  |
| 511 | Blucora, Inc. (a) | 12801 |
| 395 | Donnelley Financial Solutions, Inc. (a) | 15081 |
| 367 | Federated Hermes, Inc. | 13931 |
| 68 | Houlihan Lokey, Inc. | 6688 |
| 48 | Piper Sandler Cos. | 6896 |
|  |  | 55397 |
|  | ***Chemicals — 0.8%*** |  |
| 467 | American Vanguard Corp. | 10741 |
| 228 | Cabot Corp. | 16785 |
| 267 | LSB Industries, Inc. (a) | 4120 |
| 80 | Sensient Technologies Corp. | 5977 |
|  |  | 37623 |
|  | ***Communications Equipment — 2.5%*** |  |
| 543 | ADTRAN Holdings, Inc. | 11007 |
| 216 | Calix, Inc. (a) | 15401 |
| 136 | Clearfield, Inc. (a) | 17900 |
| 387 | Digi International, Inc. (a) | 16436 |
| 723 | Extreme Networks, Inc. (a) | 15161 |
| 463 | Harmonic, Inc. (a) | 7102 |
| 1050 | NetScout Systems, Inc. (a) | 39144 |
|  |  | 122151 |
|  | ***Construction & Engineering — 1.4%*** |  |
| 295 | Comfort Systems USA, Inc. | 37395 |
| 128 | EMCOR Group, Inc. | 19827 |
| 387 | Fluor Corp. (a) | 13007 |
|  |  | 70229 |
|  | ***Consumer Finance — 1.2%*** |  |
| 291 | Encore Capital Group, Inc. (a) | 14667 |
| 391 | Enova International, Inc. (a) | 15773 |
| 1625 | Navient Corp. | 26926 |
| 72 | PRA Group, Inc. (a) | 2475 |
|  |  | 59841 |
|  | ***Diversified Consumer Services — 1.7%*** |  |
| 24 | Grand Canyon Education, Inc. (a) | 2714 |

---

---

| |
|:---|
| **First Trust Active Factor Small Cap ETF (AFSM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Diversified Consumer Services (Continued)*** |  |
| 591 | H&R Block, Inc. | $25832 |
| 1993 | Laureate Education, Inc. | 20887 |
| 2280 | Perdoceo Education Corp. (a) | 32718 |
|  |  | 82151 |
|  | ***Diversified Financial Services — 0.6%*** |  |
| 675 | Cannae Holdings, Inc. (a) | 15640 |
| 379 | Jackson Financial, Inc., Class A | 14155 |
|  |  | 29795 |
|  | ***Diversified Telecommunication Services — 0.4%*** |  |
| 1106 | EchoStar Corp., Class A (a) | 19244 |
|  | ***Electric Utilities — 1.3%*** |  |
| 263 | Hawaiian Electric Industries, Inc. | 10804 |
| 603 | Otter Tail Corp. | 35957 |
| 331 | Portland General Electric Co. | 16295 |
|  |  | 63056 |
|  | ***Electrical Equipment — 2.1%*** |  |
| 32 | Acuity Brands, Inc. | 6025 |
| 271 | Atkore, Inc. (a) | 33103 |
| 283 | Encore Wire Corp. | 41349 |
| 4164 | GrafTech International Ltd. | 22486 |
|  |  | 102963 |
|  | ***Electronic Equipment, Instruments & Components — 3.6%*** |  |
| 60 | Badger Meter, Inc. | 6949 |
| 232 | Belden, Inc. | 18662 |
| 299 | CTS Corp. | 12707 |
| 643 | Knowles Corp. (a) | 10031 |
| 248 | Methode Electronics, Inc. | 11329 |
| 291 | PC Connection, Inc. | 16165 |
| 741 | Sanmina Corp. (a) | 48973 |
| 311 | ScanSource, Inc. (a) | 9286 |
| 859 | TTM Technologies, Inc. (a) | 13804 |
| 1242 | Vishay Intertechnology, Inc. | 28616 |
|  |  | 176522 |
|  | ***Energy Equipment & Services — 0.3%*** |  |
| 216 | Helmerich & Payne, Inc. | 11033 |
| 579 | RPC, Inc. | 5362 |
|  |  | 16395 |
|  | ***Equity Real Estate Investment Trusts — 4.5%*** |  |
| 244 | CareTrust REIT, Inc. | 4831 |
| 459 | Equity Commonwealth | 12434 |
| 483 | Four Corners Property Trust, Inc. | 13109 |
| 379 | Getty Realty Corp. | 12515 |
| 411 | Highwoods Properties, Inc. | 12248 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Equity Real Estate Investment Trusts (Continued)*** |  |
| 1082 | Hudson Pacific Properties, Inc. | $12508 |
| 603 | LTC Properties, Inc. | 23692 |
| 447 | National Health Investors, Inc. | 25148 |
| 1349 | Office Properties Income Trust | 20626 |
| 12 | Park Hotels & Resorts, Inc. | 154 |
| 2032 | Piedmont Office Realty Trust, Inc., Class A | 21153 |
| 535 | PotlatchDeltic Corp. | 25568 |
| 760 | Retail Opportunity Investments Corp. | 11590 |
| 806 | SITE Centers Corp. | 10953 |
| 319 | Tanger Factory Outlet Centers, Inc. | 6205 |
| 299 | Urban Edge Properties | 4703 |
|  |  | 217437 |
|  | ***Food & Staples Retailing — 2.9%*** |  |
| 172 | BJ's Wholesale Club Holdings, Inc. (a) | 12941 |
| 64 | Grocery Outlet Holding Corp. (a) | 1937 |
| 387 | Ingles Markets, Inc., Class A | 39126 |
| 791 | SpartanNash Co. | 25984 |
| 571 | Sprouts Farmers Market, Inc. (a) | 19603 |
| 449 | Weis Markets, Inc. | 39157 |
|  |  | 138748 |
|  | ***Food Products — 0.8%*** |  |
| 435 | Cal-Maine Foods, Inc. | 25352 |
| 479 | Hostess Brands, Inc. (a) | 12645 |
|  |  | 37997 |
|  | ***Gas Utilities — 0.3%*** |  |
| 152 | ONE Gas, Inc. | 13216 |
|  | ***Health Care Equipment & Supplies — 4.7%*** |  |
| 1011 | AngioDynamics, Inc. (a) | 13093 |
| 922 | Avanos Medical, Inc. (a) | 24802 |
| 315 | Cutera, Inc. (a) | 14988 |
| 395 | Enovis Corp. (a) | 21381 |
| 40 | Globus Medical, Inc., Class A (a) | 2956 |
| 164 | Haemonetics Corp. (a) | 13991 |
| 140 | Inspire Medical Systems, Inc. (a) | 33820 |
| 604 | Lantheus Holdings, Inc. (a) | 37496 |
| 88 | Neogen Corp. (a) | 1457 |
| 84 | Orthofix Medical, Inc. (a) | 1511 |
| 216 | QuidelOrtho Corp. (a) | 18924 |
| 104 | Shockwave Medical, Inc. (a) | 26374 |
| 140 | TransMedics Group, Inc. (a) | 8662 |
| 359 | Varex Imaging Corp. (a) | 7625 |
|  |  | 227080 |
|  | ***Health Care Providers & Services — 3.3%*** |  |
| 80 | Addus HomeCare Corp. (a) | 8822 |
| 20 | Amedisys, Inc. (a) | 1822 |

---

---

| |
|:---|
| **First Trust Active Factor Small Cap ETF (AFSM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Health Care Providers & Services (Continued)*** |  |
| 315 | AMN Healthcare Services, Inc. (a) | $38965 |
| 80 | CorVel Corp. (a) | 12238 |
| 144 | Cross Country Healthcare, Inc. (a) | 5152 |
| 467 | Fulgent Genetics, Inc. (a) | 16938 |
| 914 | Option Care Health, Inc. (a) | 27521 |
| 655 | Owens & Minor, Inc. | 13500 |
| 802 | Pediatrix Medical Group, Inc. (a) | 12816 |
| 667 | Premier, Inc., Class A | 22244 |
|  |  | 160018 |
|  | ***Health Care Technology — 1.2%*** |  |
| 1510 | Allscripts Healthcare Solutions, Inc. (a) | 28600 |
| 400 | Evolent Health, Inc., Class A (a) | 11516 |
| 503 | NextGen Healthcare, Inc. (a) | 10462 |
| 205 | Simulations Plus, Inc. | 8321 |
|  |  | 58899 |
|  | ***Household Durables — 3.3%*** |  |
| 44 | Cavco Industries, Inc. (a) | 10104 |
| 736 | Ethan Allen Interiors, Inc. | 20939 |
| 1066 | Green Brick Partners, Inc. (a) | 25776 |
| 411 | M.D.C. Holdings, Inc. | 13329 |
| 259 | M/I Homes, Inc. (a) | 11702 |
| 172 | Meritage Homes Corp. (a) | 14862 |
| 387 | Skyline Champion Corp. (a) | 20120 |
| 978 | Taylor Morrison Home Corp. (a) | 29721 |
| 739 | Tri Pointe Homes, Inc. (a) | 13627 |
|  |  | 160180 |
|  | ***Insurance — 3.1%*** |  |
| 319 | American Equity Investment Life Holding Co. | 12923 |
| 463 | Brighthouse Financial, Inc. (a) | 25808 |
| 611 | CNO Financial Group, Inc. | 14346 |
| 349 | Employers Holdings, Inc. | 16218 |
| 88 | Kinsale Capital Group, Inc. | 27122 |
| 112 | RLI Corp. | 14568 |
| 263 | Safety Insurance Group, Inc. | 24128 |
| 184 | Selective Insurance Group, Inc. | 17686 |
|  |  | 152799 |
|  | ***Interactive Media & Services — 0.2%*** |  |
| 515 | Cars.com, Inc. (a) | 7612 |
| 32 | Ziff Davis, Inc. (a) | 2952 |
|  |  | 10564 |
|  | ***IT Services — 1.7%*** |  |
| 283 | CSG Systems International, Inc. | 17501 |
| 204 | ExlService Holdings, Inc. (a) | 38189 |
| 1211 | International Money Express, Inc. (a) | 26303 |
|  |  | 81993 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Leisure Products — 0.5%*** |  |
| 1449 | Smith & Wesson Brands, Inc. | $17055 |
| 327 | Vista Outdoor, Inc. (a) | 9146 |
|  |  | 26201 |
|  | ***Life Sciences Tools & Services — 0.3%*** |  |
| 16 | AbCellera Biologics, Inc. (a) | 206 |
| 683 | Maravai LifeSciences Holdings, Inc., Class A (a) | 10163 |
| 20 | Medpace Holdings, Inc. (a) | 4198 |
| 53 | OmniAb, Inc. (a) (b) (c) (d) | 0 |
| 53 | OmniAb, Inc. (a) (b) (c) (d) | 0 |
| 48 | Syneos Health, Inc. (a) | 1693 |
|  |  | 16260 |
|  | ***Machinery — 1.9%*** |  |
| 60 | Hillenbrand, Inc. | 3000 |
| 681 | Mueller Industries, Inc. | 46832 |
| 180 | SPX Technologies, Inc. (a) | 12042 |
| 220 | Titan International, Inc. (a) | 3153 |
| 523 | Wabash National Corp. | 13112 |
| 92 | Watts Water Technologies, Inc., Class A | 14577 |
|  |  | 92716 |
|  | ***Marine — 1.3%*** |  |
| 443 | Eagle Bulk Shipping, Inc. | 22792 |
| 1202 | Genco Shipping & Trading Ltd. | 17826 |
| 339 | Matson, Inc. | 21615 |
|  |  | 62233 |
|  | ***Media — 0.4%*** |  |
| 419 | Scholastic Corp. | 17229 |
| 132 | Sinclair Broadcast Group, Inc., Class A | 2450 |
|  |  | 19679 |
|  | ***Metals & Mining — 2.7%*** |  |
| 188 | Alcoa Corp. | 9424 |
| 204 | Alpha Metallurgical Resources, Inc. | 34931 |
| 687 | Ryerson Holding Corp. | 20260 |
| 391 | Schnitzer Steel Industries, Inc., Class A | 13423 |
| 958 | TimkenSteel Corp. (a) | 17914 |
| 918 | Warrior Met Coal, Inc. | 33801 |
|  |  | 129753 |
|  | ***Multiline Retail — 1.2%*** |  |
| 92 | Dillard's, Inc., Class A | 33092 |
| 1022 | Macy's, Inc. | 24017 |
|  |  | 57109 |

---

---

| |
|:---|
| **First Trust Active Factor Small Cap ETF (AFSM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Oil, Gas & Consumable Fuels — 6.8%*** |  |
| 263 | Arch Resources, Inc. | $40699 |
| 399 | California Resources Corp. | 18107 |
| 172 | Chesapeake Energy Corp. | 17802 |
| 188 | Chord Energy Corp. | 28676 |
| 447 | Civitas Resources, Inc. | 30110 |
| 200 | CONSOL Energy, Inc. | 15490 |
| 68 | CVR Energy, Inc. | 2506 |
| 48 | Denbury, Inc. (a) | 4309 |
| 826 | Dorian LPG Ltd. | 16082 |
| 64 | Golar LNG Ltd. (a) | 1604 |
| 28 | Gulfport Energy Corp. (a) | 2271 |
| 72 | International Seaways, Inc. | 3102 |
| 767 | Magnolia Oil & Gas Corp., Class A | 20003 |
| 244 | Murphy Oil Corp. | 11517 |
| 228 | Ovintiv, Inc. | 12713 |
| 216 | PBF Energy, Inc., Class A | 8590 |
| 339 | PDC Energy, Inc. | 25195 |
| 307 | Peabody Energy Corp. (a) | 9806 |
| 371 | REX American Resources Corp. (a) | 10948 |
| 395 | SandRidge Energy, Inc. (a) | 8058 |
| 56 | Scorpio Tankers, Inc. | 2857 |
| 228 | SM Energy Co. | 9829 |
| 431 | Talos Energy, Inc. (a) | 8469 |
| 583 | Teekay Tankers Ltd., Class A (a) | 19670 |
|  |  | 328413 |
|  | ***Paper & Forest Products — 0.8%*** |  |
| 569 | Louisiana-Pacific Corp. | 36302 |
|  | ***Personal Products — 1.7%*** |  |
| 705 | elf Beauty, Inc. (a) | 38747 |
| 104 | Inter Parfums, Inc. | 9910 |
| 112 | Medifast, Inc. | 14118 |
| 335 | USANA Health Sciences, Inc. (a) | 18438 |
| 96 | Veru, Inc. (a) | 545 |
|  |  | 81758 |
|  | ***Pharmaceuticals — 3.2%*** |  |
| 1203 | Amphastar Pharmaceuticals, Inc. (a) | 35476 |
| 120 | Axsome Therapeutics, Inc. (a) | 8675 |
| 343 | Corcept Therapeutics, Inc. (a) | 8671 |
| 267 | Harmony Biosciences Holdings, Inc. (a) | 15959 |
| 331 | Innoviva, Inc. (a) | 4346 |
| 196 | Intra-Cellular Therapies, Inc. (a) | 10627 |
| 252 | Ligand Pharmaceuticals, Inc. (a) | 18371 |
| 267 | Prestige Consumer Healthcare, Inc. (a) | 16410 |
| 1114 | SIGA Technologies, Inc. | 10226 |
| 740 | Supernus Pharmaceuticals, Inc. (a) | 27173 |
|  |  | 155934 |
|  | ***Professional Services — 2.4%*** |  |
| 555 | CBIZ, Inc. (a) | 27556 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Professional Services (Continued)*** |  |
| 770 | Heidrick & Struggles International, Inc. | $22869 |
| 347 | Huron Consulting Group, Inc. (a) | 27017 |
| 184 | Kforce, Inc. | 10869 |
| 511 | Korn Ferry | 29142 |
|  |  | 117453 |
|  | ***Real Estate Management & Development — 1.2%*** |  |
| 1006 | Anywhere Real Estate, Inc. (a) | 7596 |
| 2767 | Douglas Elliman, Inc. | 11400 |
| 651 | Marcus & Millichap, Inc. | 24243 |
| 487 | RMR Group (The), Inc., Class A | 14079 |
|  |  | 57318 |
|  | ***Road & Rail — 2.0%*** |  |
| 463 | ArcBest Corp. | 38323 |
| 1477 | Daseke, Inc. (a) | 8611 |
| 818 | Heartland Express, Inc. | 13693 |
| 583 | Marten Transport Ltd. | 12424 |
| 986 | Schneider National, Inc., Class B | 25399 |
|  |  | 98450 |
|  | ***Semiconductors & Semiconductor Equipment — 4.0%*** |  |
| 379 | Axcelis Technologies, Inc. (a) | 30267 |
| 200 | Cirrus Logic, Inc. (a) | 14942 |
| 587 | Cohu, Inc. (a) | 21026 |
| 176 | Diodes, Inc. (a) | 16232 |
| 84 | Impinj, Inc. (a) | 10714 |
| 507 | Kulicke & Soffa Industries, Inc. | 24311 |
| 208 | Lattice Semiconductor Corp. (a) | 15149 |
| 1116 | Photronics, Inc. (a) | 20981 |
| 371 | Rambus, Inc. (a) | 14239 |
| 451 | Semtech Corp. (a) | 13864 |
| 124 | Synaptics, Inc. (a) | 13140 |
|  |  | 194865 |
|  | ***Software — 1.1%*** |  |
| 124 | A10 Networks, Inc. | 2320 |
| 312 | Box, Inc., Class A (a) | 8565 |
| 200 | CommVault Systems, Inc. (a) | 13200 |
| 208 | InterDigital, Inc. | 10435 |
| 60 | Model N, Inc. (a) | 2333 |
| 97 | Qualys, Inc. (a) | 11962 |
| 28 | SPS Commerce, Inc. (a) | 3983 |
| 64 | Teradata Corp. (a) | 2186 |
|  |  | 54984 |
|  | ***Specialty Retail — 3.3%*** |  |
| 623 | Aaron's (The) Co., Inc. | 7594 |
| 363 | Abercrombie & Fitch Co., Class A (a) | 8705 |
| 204 | Academy Sports & Outdoors, Inc. | 10298 |
| 511 | Big 5 Sporting Goods Corp. | 6342 |

---

---

| |
|:---|
| **First Trust Active Factor Small Cap ETF (AFSM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Specialty Retail (Continued)*** |  |
| 112 | Buckle (The), Inc. | $4922 |
| 351 | Caleres, Inc. | 8480 |
| 124 | Children's Place (The), Inc. (a) | 4402 |
| 76 | Citi Trends, Inc. (a) | 2297 |
| 587 | Designer Brands, Inc., Class A | 8981 |
| 44 | Genesco, Inc. (a) | 2297 |
| 72 | Group 1 Automotive, Inc. | 13920 |
| 160 | Haverty Furniture Cos., Inc. | 5045 |
| 48 | Hibbett, Inc. | 3200 |
| 663 | MarineMax, Inc. (a) | 21899 |
| 108 | Murphy USA, Inc. | 31947 |
| 80 | Signet Jewelers Ltd. | 5200 |
| 711 | Zumiez, Inc. (a) | 16531 |
|  |  | 162060 |
|  | ***Technology Hardware, Storage & Peripherals — 0.8%*** |  |
| 371 | Avid Technology, Inc. (a) | 10417 |
| 303 | Super Micro Computer, Inc. (a) | 27340 |
|  |  | 37757 |
|  | ***Textiles, Apparel & Luxury Goods — 1.1%*** |  |
| 519 | G-III Apparel Group Ltd. (a) | 11226 |
| 56 | Kontoor Brands, Inc. | 2433 |
| 563 | Movado Group, Inc. | 18123 |
| 140 | Oxford Industries, Inc. | 15800 |
| 48 | PVH Corp. | 3225 |
| 60 | Steven Madden Ltd. | 2073 |
|  |  | 52880 |
|  | ***Thrifts & Mortgage Finance — 2.3%*** |  |
| 683 | Essent Group Ltd. | 27382 |
| 2252 | Kearny Financial Corp. | 21777 |
| 1018 | MGIC Investment Corp. | 13977 |
| 271 | Mr. Cooper Group, Inc. (a) | 12238 |
| 208 | PennyMac Financial Services, Inc. | 12409 |
| 1289 | Radian Group, Inc. | 25226 |
|  |  | 113009 |
|  | ***Trading Companies & Distributors — 1.9%*** |  |
| 28 | Applied Industrial Technologies, Inc. | 3710 |
| 271 | BlueLinx Holdings, Inc. (a) | 18807 |
| 553 | Boise Cascade Co. | 40944 |
| 48 | Rush Enterprises, Inc., Class A | 2474 |
| 108 | Veritiv Corp. | 14530 |
| 96 | WESCO International, Inc. (a) | 12376 |
|  |  | 92841 |
|  | ***Wireless Telecommunication Services — 0.2%*** |  |
| 359 | United States Cellular Corp. (a) | 7632 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Total Common Stocks — 99.6%** | $4840258 |
|  | (Cost $4,492,366) |  |
|  | **Money Market Funds — 0.2%** |  |
| 9296 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (e) | 9296 |
|  | (Cost $9,296) |  |
|  | **Total Investments — 99.8%** | 4849554 |
|  | (Cost $4,501,662) |  |
|  | **Net Other Assets and Liabilities — 0.2%** | 8882 |
|  | **Net Assets — 100.0%** | $4858436 |

---

(a) Non-income producing security.

(b) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At November 30, 2022, securities noted as such are valued at $0 or 0.0% of net assets.

(c) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

(d) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors, L.P., the Fund's Advisor.

(e) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **First Trust Active Factor Small Cap ETF (AFSM)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Sciences Tools & Services | $16260 | $16260 | $— | $&nbsp;&nbsp;&nbsp;&nbsp;— | \*\* |
| &nbsp;&nbsp;&nbsp;&nbsp;Other Industry Categories\* | 4823998 | 4823998 |  |  |  |
| Money Market Funds | 9296 | 9296 |  |  |  |
| Total Investments | $4849554 | $4849554 | $— | $&nbsp;&nbsp;&nbsp;&nbsp;— | \*\* |

---

\* See Portfolio of Investments for industry breakout.

\*\* Investment is valued at $0.

Level 3 Common Stocks are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. Level 3 Common Stocks values are based on unobservable and non-quantitative inputs.

**Additional Information**

**First Trust Exchange-Traded Fund VIII**

**November 30, 2022 (Unaudited)**

**Valuation Inputs**

The Funds are 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;· Level 1 – Level 1 inputs are quoted prices in active markets
for identical investments.

&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;· 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.

---

| |
|:---|
| **First Trust Innovation Leaders ETF (ILDR)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 96.3%** |  |
|  | ***Aerospace & Defense — 3.3%*** |  |
| 499 | AeroVironment, Inc. (a) | $45903 |
| 101 | Northrop Grumman Corp. | 53862 |
|  |  | 99765 |
|  | ***Automobiles — 0.8%*** |  |
| 120 | Tesla, Inc. (a) | 23364 |
|  | ***Biotechnology — 16.8%*** |  |
| 235 | Alnylam Pharmaceuticals, Inc. (a) | 51839 |
| 324 | Apellis Pharmaceuticals, Inc. (a) | 16177 |
| 1442 | Arcus Biosciences, Inc. (a) | 50715 |
| 750 | BioMarin Pharmaceutical, Inc. (a) | 75735 |
| 3500 | Coherus Biosciences, Inc. (a) | 24010 |
| 448 | Intellia Therapeutics, Inc. (a) | 23054 |
| 1181 | Myovant Sciences Ltd. (a) | 31722 |
| 101 | Regeneron Pharmaceuticals, Inc. (a) | 75922 |
| 804 | REGENXBIO, Inc. (a) | 19215 |
| 377 | Seagen, Inc. (a) | 45764 |
| 1200 | SpringWorks Therapeutics, Inc. (a) | 29016 |
| 200 | Vertex Pharmaceuticals, Inc. (a) | 63280 |
|  |  | 506449 |
|  | ***Capital Markets — 0.6%*** |  |
| 300 | Tradeweb Markets, Inc., Class A | 18438 |
|  | ***Communications Equipment — 4.3%*** |  |
| 162 | Arista Networks, Inc. (a) | 22567 |
| 499 | Ciena Corp. (a) | 22435 |
| 200 | F5, Inc. (a) | 30922 |
| 200 | Motorola Solutions, Inc. | 54440 |
|  |  | 130364 |
|  | ***Construction & Engineering — 1.8%*** |  |
| 599 | MasTec, Inc. (a) | 54407 |
|  | ***Diversified Telecommunication Services — 1.1%*** |  |
| 2599 | Radius Global Infrastructure, Inc., Class A (a) | 32903 |
|  | ***Electrical Equipment — 2.8%*** |  |
| 1000 | Bloom Energy Corp., Class A (a) | 21290 |
| 100 | Generac Holdings, Inc. (a) | 10552 |
| 349 | Schneider Electric SE (EUR) (b) | 51539 |
|  |  | 83381 |
|  | ***Electronic Equipment, Instruments & Components — 5.8%*** |  |
| 400 | Keysight Technologies, Inc. (a) | 72356 |
| 250 | TE Connectivity Ltd. | 31530 |
| 799 | Trimble, Inc. (a) | 47741 |
| 90 | Zebra Technologies Corp., Class A (a) | 24325 |
|  |  | 175952 |
|  | ***Entertainment — 1.5%*** |  |
| 326 | Activision Blizzard, Inc. | 24108 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Entertainment (Continued)*** |  |
| 200 | Take-Two Interactive Software, Inc. (a) | $21138 |
|  |  | 45246 |
|  | ***Health Care Equipment & Supplies — 4.9%*** |  |
| 180 | Align Technology, Inc. (a) | 35399 |
| 212 | Dexcom, Inc. (a) | 24651 |
| 693 | Globus Medical, Inc., Class A (a) | 51206 |
| 68 | Intuitive Surgical, Inc. (a) | 18386 |
| 898 | Outset Medical, Inc. (a) | 18930 |
|  |  | 148572 |
|  | ***Health Care Providers & Services — 1.6%*** |  |
| 599 | Castle Biosciences, Inc. (a) | 14131 |
| 400 | Fulgent Genetics, Inc. (a) | 14508 |
| 350 | Guardant Health, Inc. (a) | 18319 |
|  |  | 46958 |
|  | ***Industrial Conglomerates — 2.7%*** |  |
| 599 | Siemens AG (EUR) (b) | 83073 |
|  | ***Interactive Media & Services — 4.0%*** |  |
| 900 | Alphabet, Inc., Class C (a) | 91305 |
| 999 | ZoomInfo Technologies, Inc. (a) | 28571 |
|  |  | 119876 |
|  | ***Internet & Direct Marketing Retail — 5.0%*** |  |
| 1317 | Amazon.com, Inc. (a) | 127143 |
| 180 | Etsy, Inc. (a) | 23776 |
|  |  | 150919 |
|  | ***IT Services — 5.7%*** |  |
| 15 | Adyen N.V. (EUR) (a) (b) (c) (d) | 23630 |
| 448 | Block, Inc. (a) | 30361 |
| 120 | MongoDB, Inc. (a) | 18323 |
| 366 | PayPal Holdings, Inc. (a) | 28698 |
| 1508 | Switch, Inc., Class A | 51649 |
| 374 | Twilio, Inc., Class A (a) | 18333 |
|  |  | 170994 |
|  | ***Life Sciences Tools & Services — 1.8%*** |  |
| 999 | Cytek Biosciences, Inc. (a) | 12877 |
| 75 | Thermo Fisher Scientific, Inc. | 42017 |
|  |  | 54894 |
|  | ***Media — 1.0%*** |  |
| 599 | Trade Desk (The), Inc., Class A (a) | 31232 |
|  | ***Road & Rail — 2.9%*** |  |
| 2995 | Uber Technologies, Inc. (a) | 87274 |
|  | ***Semiconductors & Semiconductor Equipment — 8.6%*** |  |
| 1249 | Allegro MicroSystems, Inc. (a) | 38894 |

---

---

| |
|:---|
| **First Trust Innovation Leaders ETF (ILDR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Semiconductors & Semiconductor Equipment (Continued)*** |  |
| 175 | Enphase Energy, Inc. (a) | $56103 |
| 374 | NVIDIA Corp. | 63292 |
| 200 | NXP Semiconductors N.V. | 35168 |
| 1150 | Rambus, Inc. (a) | 44137 |
| 200 | Synaptics, Inc. (a) | 21194 |
|  |  | 258788 |
|  | ***Software — 19.3%*** |  |
| 100 | Adobe, Inc. (a) | 34493 |
| 125 | Aspen Technology, Inc. (a) | 28812 |
| 352 | Autodesk, Inc. (a) | 71086 |
| 234 | Crowdstrike Holdings, Inc., Class A (a) | 27530 |
| 300 | Datadog, Inc., Class A (a) | 22734 |
| 110 | Intuit, Inc. | 44835 |
| 598 | Microsoft Corp. | 152574 |
| 3890 | Palantir Technologies, Inc., Class A (a) | 29175 |
| 136 | ServiceNow, Inc. (a) | 56617 |
| 449 | Sprout Social, Inc., Class A (a) | 26626 |
| 281 | Workday, Inc., Class A (a) | 47180 |
| 266 | Workiva, Inc. (a) | 21429 |
| 133 | Zscaler, Inc. (a) | 17748 |
|  |  | 580839 |
|  | **Total Common Stocks — 96.3%** | 2903688 |
|  | (Cost $3,512,883) |  |
|  | **Money Market Funds — 3.7%** |  |
| 111063 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (e) | 111063 |
|  | (Cost $111,063) |  |
|  | **Total Investments — 100.0%** | 3014751 |
|  | (Cost $3,623,946) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (658) |
|  | **Net Assets — 100.0%** | $3014093 |

---

(a) Non-income producing security.

(b) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At November 30, 2022, securities noted as such are valued at $158,242 or 5.2% of net assets. Certain of these securities are fair valued using a factor provided by a third-party pricing service due to the change in value between the foreign markets' close and the New York Stock Exchange close exceeding a certain threshold. On days when this threshold is not exceeded, these securities are typically valued at the last sale price on the exchange on which they are principally traded.

(c) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration. As such, it does not require the additional disclosure required of restricted securities.

(d) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

(e) Rate shown reflects yield as of November 30, 2022.

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total Investments** |
| USD | 94.8% |
| EUR | 5.2 |
| Total | 100.0% |

---

Currency Abbreviations: <br> EUR - Euro <br> USD - United States Dollar

---

| |
|:---|
| **First Trust Innovation Leaders ETF (ILDR)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;Electrical Equipment | $83381 | $31842 | $51539 | $— |
| &nbsp;&nbsp;Industrial Conglomerates | 83073 |  | 83073 |  |
| &nbsp;&nbsp;IT Services | 170994 | 147364 | 23630 |  |
| &nbsp;&nbsp;Other Industry Categories\* | 2566240 | 2566240 |  |  |
| Money Market Funds | 111063 | 111063 |  |  |
| Total Investments | $3014751 | $2856509 | $158242 | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust Expanded Technology ETF (XPND)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 99.6%** |  |
|  | ***Communications Equipment — 5.7%*** |  |
| 2818 | Arista Networks, Inc. (a) | $392547 |
| 12986 | Cisco Systems, Inc. | 645664 |
|  |  | 1038211 |
|  | ***Electronic Equipment, Instruments & Components — 5.9%*** |  |
| 4642 | Amphenol Corp., Class A | 373356 |
| 257 | CDW Corp. | 48480 |
| 9323 | Corning, Inc. | 318194 |
| 1928 | Keysight Technologies, Inc. (a) | 348756 |
|  |  | 1088786 |
|  | ***Interactive Media & Services — 7.1%*** |  |
| 7253 | Alphabet, Inc., Class A (a) | 732480 |
| 4827 | Meta Platforms, Inc., Class A (a) | 570069 |
|  |  | 1302549 |
|  | ***IT Services — 19.8%*** |  |
| 484 | Akamai Technologies, Inc. (a) | 45912 |
| 1798 | Automatic Data Processing, Inc. | 474924 |
| 253 | Broadridge Financial Solutions, Inc. | 37725 |
| 106 | EPAM Systems, Inc. (a) | 39069 |
| 3983 | Fidelity National Information Services, Inc. | 289086 |
| 209 | FleetCor Technologies, Inc. (a) | 41006 |
| 151 | Gartner, Inc. (a) | 52906 |
| 3589 | International Business Machines Corp. | 534402 |
| 225 | Jack Henry & Associates, Inc. | 42604 |
| 2440 | Mastercard, Inc., Class A | 869616 |
| 2746 | Paychex, Inc. | 340586 |
| 3951 | Visa, Inc., Class A | 857367 |
|  |  | 3625203 |
|  | ***Media — 2.2%*** |  |
| 911 | Charter Communications, Inc., Class A (a) | 356465 |
| 656 | Omnicom Group, Inc. | 52323 |
|  |  | 408788 |
|  | ***Semiconductors & Semiconductor Equipment — 34.3%*** |  |
| 6317 | Advanced Micro Devices, Inc. (a) | 490389 |
| 2693 | Analog Devices, Inc. | 462954 |
| 4481 | Applied Materials, Inc. | 491117 |
| 1266 | Broadcom, Inc. | 697604 |
| 1193 | Enphase Energy, Inc. (a) | 382464 |
| 1047 | KLA Corp. | 411628 |
| 866 | Lam Research Corp. | 409081 |
| 5125 | Microchip Technology, Inc. | 405849 |
| 106 | Monolithic Power Systems, Inc. | 40488 |
| 5826 | NVIDIA Corp. | 985934 |
| 4745 | ON Semiconductor Corp. (a) | 356824 |
| 4098 | QUALCOMM, Inc. | 518356 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Semiconductors & Semiconductor Equipment (Continued)*** |  |
| 538 | Teradyne, Inc. | $50276 |
| 3209 | Texas Instruments, Inc. | 579096 |
|  |  | 6282060 |
|  | ***Software — 20.3%*** |  |
| 1556 | Adobe, Inc. (a) | 536711 |
| 1718 | Autodesk, Inc. (a) | 346950 |
| 2037 | Cadence Design Systems, Inc. (a) | 350446 |
| 6902 | Fortinet, Inc. (a) | 366910 |
| 1133 | Intuit, Inc. | 461799 |
| 3050 | Microsoft Corp. | 778177 |
| 1995 | Palo Alto Networks, Inc. (a) | 338951 |
| 128 | Paycom Software, Inc. (a) | 43405 |
| 188 | Paylocity Holding Corp. (a) | 40952 |
| 383 | PTC, Inc. (a) | 48721 |
| 1071 | Synopsys, Inc. (a) | 363647 |
| 121 | Tyler Technologies, Inc. (a) | 41472 |
|  |  | 3718141 |
|  | ***Technology Hardware, Storage & Peripherals — 4.3%*** |  |
| 5020 | Apple, Inc. | 743111 |
| 608 | NetApp, Inc. | 41107 |
|  |  | 784218 |
|  | **Total Common Stocks — 99.6%** | 18247956 |
|  | (Cost $18,824,313) |  |
|  | **Money Market Funds — 0.3%** |  |
| 48461 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 48461 |
|  | (Cost $48,461) |  |
|  | **Total Investments — 99.9%** | 18296417 |
|  | (Cost $18,872,774) |  |
|  | **Net Other Assets and Liabilities — 0.1%** | 11088 |
|  | **Net Assets — 100.0%** | $18307505 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **First Trust Expanded Technology ETF (XPND)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows (see Valuation Inputs in the Additional Information section): |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks\* | $18247956 | $18247956 | $— | $— |
| Money Market Funds | 48461 | 48461 |  |  |
| Total Investments | $18296417 | $18296417 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

**Additional Information**

**First Trust Exchange-Traded Fund VIII**

**November 30, 2022 (Unaudited)**

**Valuation Inputs**

The Funds are 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.

---

| |
|:---|
| **First Trust Multi-Manager Large Growth ETF (MMLG)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 97.3%** |  |
|  | ***Aerospace & Defense — 0.7%*** |  |
| 3300 | Raytheon Technologies Corp. | $325776 |
|  | ***Automobiles — 0.7%*** |  |
| 1833 | Tesla, Inc. (a) | 356885 |
|  | ***Beverages — 1.6%*** |  |
| 1395 | Constellation Brands, Inc., Class A | 359003 |
| 3984 | Monster Beverage Corp. (a) | 409794 |
|  |  | 768797 |
|  | ***Biotechnology — 1.5%*** |  |
| 4503 | Sarepta Therapeutics, Inc. (a) | 553013 |
| 1315 | Seagen, Inc. (a) | 159628 |
|  |  | 712641 |
|  | ***Building Products — 1.0%*** |  |
| 2583 | Fortune Brands Home & Security, Inc. | 168773 |
| 5188 | Johnson Controls International PLC | 344691 |
|  |  | 513464 |
|  | ***Chemicals — 0.7%*** |  |
| 1444 | Sherwin-Williams (The) Co. | 359816 |
|  | ***Commercial Services & Supplies — 0.5%*** |  |
| 1748 | Republic Services, Inc. | 243479 |
|  | ***Communications Equipment — 0.8%*** |  |
| 1508 | Motorola Solutions, Inc. | 410478 |
|  | ***Construction & Engineering — 0.6%*** |  |
| 5900 | WillScot Mobile Mini Holdings Corp. (a) | 284439 |
|  | ***Consumer Finance — 0.8%*** |  |
| 2338 | American Express Co. | 368445 |
|  | ***Electronic Equipment, Instruments & Components — 1.7%*** |  |
| 3549 | Amphenol Corp., Class A | 285446 |
| 1854 | CDW Corp. | 349739 |
| 5095 | Corning, Inc. | 173892 |
|  |  | 809077 |
|  | ***Entertainment — 5.9%*** |  |
| 3766 | Netflix, Inc. (a) | 1150626 |
| 13456 | Sea Ltd., ADR (a) | 785427 |
| 1940 | Walt Disney (The) Co. (a) | 189868 |
| 22402 | Warner Music Group Corp., Class A | 767716 |
|  |  | 2893637 |
|  | ***Equity Real Estate Investment Trusts — 0.9%*** |  |
| 1103 | Alexandria Real Estate Equities, Inc. | 171638 |
| 3711 | Equity LifeStyle Properties, Inc. | 246484 |
|  |  | 418122 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Health Care Equipment & Supplies — 7.3%*** |  |
| 2293 | Align Technology, Inc. (a) | $450941 |
| 3597 | Baxter International, Inc. | 203339 |
| 17994 | Dexcom, Inc. (a) | 2092342 |
| 5190 | Edwards Lifesciences Corp. (a) | 400928 |
| 3385 | Hologic, Inc. (a) | 257802 |
| 686 | Teleflex, Inc. | 160606 |
|  |  | 3565958 |
|  | ***Health Care Providers & Services — 2.3%*** |  |
| 684 | Laboratory Corp. of America Holdings | 164639 |
| 11723 | R1 RCM, Inc. (a) | 106093 |
| 1526 | UnitedHealth Group, Inc. | 835882 |
|  |  | 1106614 |
|  | ***Hotels, Restaurants & Leisure — 2.3%*** |  |
| 5440 | Airbnb, Inc., Class A (a) | 555642 |
| 85 | Booking Holdings, Inc. (a) | 176753 |
| 237 | Chipotle Mexican Grill, Inc. (a) | 385589 |
|  |  | 1117984 |
|  | ***Insurance — 0.7%*** |  |
| 1568 | Chubb Ltd. | 344317 |
|  | ***Interactive Media & Services — 4.7%*** |  |
| 12467 | Alphabet, Inc., Class A (a) | 1259042 |
| 3432 | Alphabet, Inc., Class C (a) | 348176 |
| 13342 | Match Group, Inc. (a) | 674572 |
|  |  | 2281790 |
|  | ***Internet & Direct Marketing Retail — 7.0%*** |  |
| 30297 | Amazon.com, Inc. (a) | 2924872 |
| 8631 | DoorDash, Inc., Class A (a) | 502756 |
|  |  | 3427628 |
|  | ***IT Services — 15.0%*** |  |
| 18493 | Block, Inc. (a) | 1253271 |
| 13509 | Cloudflare, Inc., Class A (a) | 663832 |
| 2280 | Concentrix Corp. | 279026 |
| 1080 | FleetCor Technologies, Inc. (a) | 211896 |
| 1678 | Global Payments, Inc. | 174143 |
| 1688 | GoDaddy, Inc., Class A (a) | 133571 |
| 1958 | Mastercard, Inc., Class A | 697831 |
| 22904 | Shopify, Inc., Class A (a) | 936316 |
| 5030 | Snowflake, Inc., Class A (a) | 718787 |
| 10341 | Visa, Inc., Class A | 2243997 |
|  |  | 7312670 |
|  | ***Life Sciences Tools & Services — 1.8%*** |  |
| 6858 | 10X Genomics, Inc., Class A (a) | 265130 |
| 950 | Danaher Corp. | 259740 |

---

---

| |
|:---|
| **First Trust Multi-Manager Large Growth ETF (MMLG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Life Sciences Tools & Services (Continued)*** |  |
| 667 | Thermo Fisher Scientific, Inc. | $373667 |
|  |  | 898537 |
|  | ***Machinery — 1.1%*** |  |
| 1225 | Deere & Co. | 540225 |
|  | ***Media — 0.8%*** |  |
| 999 | Charter Communications, Inc., Class A (a) | 390899 |
|  | ***Oil, Gas & Consumable Fuels — 0.5%*** |  |
| 1053 | Pioneer Natural Resources Co. | 248497 |
|  | ***Personal Products — 0.9%*** |  |
| 1828 | Estee Lauder (The) Cos., Inc., Class A | 431024 |
|  | ***Pharmaceuticals — 1.4%*** |  |
| 1895 | Eli Lilly & Co. | 703197 |
|  | ***Professional Services — 2.7%*** |  |
| 16230 | CoStar Group, Inc. (a) | 1315279 |
|  | ***Road & Rail — 1.9%*** |  |
| 31714 | Uber Technologies, Inc. (a) | 924146 |
|  | ***Semiconductors & Semiconductor Equipment — 6.4%*** |  |
| 3574 | Advanced Micro Devices, Inc. (a) | 277450 |
| 2547 | Entegris, Inc. | 196858 |
| 1687 | Lam Research Corp. | 796905 |
| 4542 | Marvell Technology, Inc. | 211294 |
| 6701 | NVIDIA Corp. | 1134010 |
| 2709 | Texas Instruments, Inc. | 488866 |
|  |  | 3105383 |
|  | ***Software — 15.1%*** |  |
| 5995 | Atlassian Corp., Class A (a) | 788642 |
| 5803 | Datadog, Inc., Class A (a) | 439751 |
| 2499 | Intuit, Inc. | 1018568 |
| 8319 | Microsoft Corp. | 2122510 |
| 1681 | Palo Alto Networks, Inc. (a) | 285602 |
| 472 | Paycom Software, Inc. (a) | 160055 |
| 2211 | Salesforce, Inc. (a) | 354313 |
| 5344 | ServiceNow, Inc. (a) | 2224707 |
|  |  | 7394148 |
|  | ***Specialty Retail — 2.3%*** |  |
| 8002 | Floor & Decor Holdings, Inc., Class A (a) | 597189 |
| 6889 | TJX (The) Cos., Inc. | 551465 |
|  |  | 1148654 |
|  | ***Technology Hardware, Storage & Peripherals — 4.0%*** |  |
| 12070 | Apple, Inc. | 1786722 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Technology Hardware, Storage & Peripherals (Continued)*** |  |
| 2272 | NetApp, Inc. | $153610 |
|  |  | 1940332 |
|  | ***Textiles, Apparel & Luxury Goods — 1.7%*** |  |
| 885 | Lululemon Athletica, Inc. (a) | 336574 |
| 4334 | NIKE, Inc., Class B | 475397 |
|  |  | 811971 |
|  | **Total Common Stocks — 97.3%** | 47474309 |
|  | (Cost $68,338,953) |  |
|  | **Money Market Funds — 2.7%** |  |
| 1313066 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 1313066 |
|  | (Cost $1,313,066) |  |
|  | **Total Investments — 100.0%** | 48787375 |
|  | (Cost $69,652,019) |  |
|  | **Net Other Assets and Liabilities — 0.0%** | 2310 |
|  | **Net Assets — 100.0%** | $48789685 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

ADR - American Depositary Receipt

---

| |
|:---|
| **First Trust Multi-Manager Large Growth ETF (MMLG)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **Valuation Inputs** |
| &nbsp;&nbsp;&nbsp; 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:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.<br>&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments,<br> valuations based on interest rates and yield curves, or valuations derived from observable market data.)<br>&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.<br>The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.<br>A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks\* | $47474309 | $47474309 | $— | $— |
| Money Market Funds | 1313066 | 1313066 |  |  |
| Total Investments | $48787375 | $48787375 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 98.9%** |  |
|  | ***Banks — 8.7%*** |  |
| 4990 | Signature Bank | $696105 |
| 27504 | Silvergate Capital Corp., Class A (a) | 754435 |
|  |  | 1450540 |
|  | ***Capital Markets — 35.3%*** |  |
| 107 | BlackRock, Inc. | 76612 |
| 55458 | Coinbase Global, Inc., Class A (a) | 2536094 |
| 709455 | Galaxy Digital Holdings Ltd. (CAD) (a) | 2273167 |
| 5659 | Interactive Brokers Group, Inc., Class A | 454418 |
| 59857 | Robinhood Markets, Inc., Class A (a) | 574029 |
|  |  | 5914320 |
|  | ***Consumer Finance — 3.5%*** |  |
| 122235 | SoFi Technologies, Inc. (a) | 590395 |
|  | ***Interactive Media & Services — 6.6%*** |  |
| 5464 | Alphabet, Inc., Class C (a) | 554323 |
| 4665 | Meta Platforms, Inc., Class A (a) | 550936 |
|  |  | 1105259 |
|  | ***Internet & Direct Marketing Retail — 2.2%*** |  |
| 301 | MercadoLibre, Inc. (a) | 280227 |
| 3420 | Overstock.com, Inc. (a) | 91040 |
|  |  | 371267 |
|  | ***IT Services — 15.5%*** |  |
| 11026 | Block, Inc. (a) | 747232 |
| 1675 | Cloudflare, Inc., Class A (a) | 82309 |
| 1427 | Mastercard, Inc., Class A | 508583 |
| 7811 | PayPal Holdings, Inc. (a) | 612461 |
| 3253 | Shopify, Inc., Class A (a) | 132983 |
| 2346 | Visa, Inc., Class A | 509082 |
|  |  | 2592650 |
|  | ***Semiconductors & Semiconductor Equipment — 5.2%*** |  |
| 6735 | Advanced Micro Devices, Inc. (a) | 522838 |
| 130 | ASML Holding N.V. | 79056 |
| 1059 | Microchip Technology, Inc. | 83862 |
| 584 | NVIDIA Corp. | 98830 |
| 477 | Texas Instruments, Inc. | 86080 |
|  |  | 870666 |
|  | ***Software — 21.9%*** |  |
| 507 | Bill.com Holdings, Inc. (a) | 61053 |
| 2939 | HashiCorp, Inc., Class A (a) | 80234 |
| 278 | HubSpot, Inc. (a) | 84242 |
| 11821 | Marathon Digital Holdings, Inc. (a) | 74709 |
| 15801 | MicroStrategy, Inc., Class A (a) | 3130020 |
| 15452 | Riot Blockchain, Inc. (a) | 71852 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Software (Continued)*** |  |
| 4184 | Unity Software, Inc. (a) | $165310 |
|  |  | 3667420 |
|  | **Total Common Stocks — 98.9%** | 16562517 |
|  | (Cost $38,554,398) |  |
|  | **Money Market Funds — 0.1%** |  |
| 10811 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (b) | 10811 |
|  | (Cost $10,811) |  |
|  | **Total Investments — 99.0%** | 16573328 |
|  | (Cost $38,565,209) |  |
|  | **Net Other Assets and Liabilities — 1.0%** | 166440 |
|  | **Net Assets — 100.0%** | $16739768 |

---

(a) Non-income producing security.

(b) Rate shown reflects yield as of November 30, 2022.

Currency Abbreviation:

CAD - Canadian Dollar

---

| | |
|:---|:---|
| **Country Allocation\*** | **% of Total Long-Term Investments** |
| United States | 85.0% |
| Cayman Islands | 13.7 |
| Canada | 0.8 |
| Netherlands | 0.5 |
| Total | 100.0% |
| \* Portfolio securities are categorized based upon their country of incorporation. | \* Portfolio securities are categorized based upon their country of incorporation. |

---

---

| |
|:---|
| **First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **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:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.<br>&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.)<br>&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.<br>The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.<br>A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows: |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks\* | $16562517 | $16562517 | $— | $— |
| Money Market Funds | 10811 | 10811 |  |  |
| Total Investments | $16573328 | $16573328 | $— | $— |
| \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. | \* See Portfolio of Investments for industry breakout. |

---

---

| |
|:---|
| **First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)** |
| **Portfolio of Investments** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks — 97.2%** |  |
|  | ***Aerospace & Defense — 4.0%*** |  |
| 199 | AeroVironment, Inc. (a) | $18306 |
| 209 | Axon Enterprise, Inc. (a) | 38462 |
| 106 | HEICO Corp., Class A | 13439 |
| 897 | Kratos Defense & Security Solutions, Inc. (a) | 8540 |
| 831 | Leonardo DRS, Inc. (a) | 8401 |
| 122 | Parsons Corp. (a) | 6039 |
|  |  | 93187 |
|  | ***Air Freight & Logistics — 0.4%*** |  |
| 123 | Hub Group, Inc., Class A (a) | 10350 |
|  | ***Auto Components — 1.4%*** |  |
| 45 | Fox Factory Holding Corp. (a) | 4774 |
| 79 | Gentherm, Inc. (a) | 5656 |
| 150 | Visteon Corp. (a) | 22020 |
|  |  | 32450 |
|  | ***Banks — 0.3%*** |  |
| 141 | Hancock Whitney Corp. | 7732 |
|  | ***Beverages — 3.6%*** |  |
| 230 | Celsius Holdings, Inc. (a) | 25608 |
| 692 | Duckhorn Portfolio (The), Inc. (a) | 11114 |
| 366 | MGP Ingredients, Inc. | 45772 |
|  |  | 82494 |
|  | ***Biotechnology — 5.8%*** |  |
| 92 | Apellis Pharmaceuticals, Inc. (a) | 4594 |
| 507 | Crinetics Pharmaceuticals, Inc. (a) | 9060 |
| 135 | Cytokinetics, Inc. (a) | 5737 |
| 793 | Exelixis, Inc. (a) | 13544 |
| 746 | Halozyme Therapeutics, Inc. (a) | 42716 |
| 28 | Karuna Therapeutics, Inc. (a) | 6589 |
| 200 | Merus N.V. (a) | 3070 |
| 402 | Nuvalent, Inc., Class A (a) | 13218 |
| 361 | Relay Therapeutics, Inc. (a) | 6707 |
| 143 | Vaxcyte, Inc. (a) | 6587 |
| 589 | Xenon Pharmaceuticals, Inc. (a) | 21722 |
|  |  | 133544 |
|  | ***Building Products — 0.8%*** |  |
| 38 | AAON, Inc. | 3012 |
| 311 | AZEK (The) Co., Inc. (a) | 6015 |
| 203 | Trex Co., Inc. (a) | 9315 |
|  |  | 18342 |
|  | ***Capital Markets — 0.9%*** |  |
| 23 | MarketAxess Holdings, Inc. | 6162 |
| 107 | Piper Sandler Cos. | 15372 |
|  |  | 21534 |
|  | ***Chemicals — 1.2%*** |  |
| 276 | Aspen Aerogels, Inc. (a) | 3329 |
| 95 | Balchem Corp. | 13376 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Chemicals (Continued)*** |  |
| 371 | Livent Corp. (a) | $10384 |
|  |  | 27089 |
|  | ***Commercial Services & Supplies — 2.1%*** |  |
| 373 | Driven Brands Holdings, Inc. (a) | 11343 |
| 299 | Montrose Environmental Group, Inc. (a) | 13802 |
| 160 | Ritchie Bros Auctioneers, Inc. | 8776 |
| 87 | Tetra Tech, Inc. | 13449 |
|  |  | 47370 |
|  | ***Communications Equipment — 3.0%*** |  |
| 417 | Calix, Inc. (a) | 29732 |
| 97 | Clearfield, Inc. (a) | 12767 |
| 215 | Digi International, Inc. (a) | 9131 |
| 559 | Extreme Networks, Inc. (a) | 11722 |
| 404 | Harmonic, Inc. (a) | 6198 |
|  |  | 69550 |
|  | ***Construction & Engineering — 4.8%*** |  |
| 337 | Ameresco, Inc., Class A (a) | 22080 |
| 115 | Comfort Systems USA, Inc. | 14577 |
| 115 | Dycom Industries, Inc. (a) | 10481 |
| 92 | EMCOR Group, Inc. | 14251 |
| 351 | Fluor Corp. (a) | 11797 |
| 36 | Valmont Industries, Inc. | 12192 |
| 550 | WillScot Mobile Mini Holdings Corp. (a) | 26516 |
|  |  | 111894 |
|  | ***Consumer Finance — 2.6%*** |  |
| 144 | Encore Capital Group, Inc. (a) | 7258 |
| 1529 | EZCORP, Inc., Class A (a) | 15321 |
| 248 | FirstCash Holdings, Inc. | 23277 |
| 445 | PRA Group, Inc. (a) | 15299 |
|  |  | 61155 |
|  | ***Diversified Consumer Services — 0.4%*** |  |
| 119 | Bright Horizons Family Solutions, Inc. (a) | 8830 |
|  | ***Diversified Telecommunication Services — 0.5%*** |  |
| 221 | Iridium Communications, Inc. (a) | 11735 |
|  | ***Electrical Equipment — 0.7%*** |  |
| 536 | Shoals Technologies Group, Inc., Class A (a) | 15528 |
|  | ***Electronic Equipment, Instruments & Components — 2.6%*** |  |
| 98 | Badger Meter, Inc. | 11350 |
| 162 | Cognex Corp. | 8064 |
| 109 | Fabrinet (a) | 14542 |
| 265 | National Instruments Corp. | 10870 |

---

---

| |
|:---|
| **First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Electronic Equipment, Instruments & Components (Continued)*** |  |
| 589 | nLight, Inc. (a) | $6397 |
| 73 | Plexus Corp. (a) | 8046 |
|  |  | 59269 |
|  | ***Energy Equipment & Services — 1.9%*** |  |
| 256 | Cactus, Inc., Class A | 13924 |
| 106 | ChampionX Corp. | 3269 |
| 322 | Patterson-UTI Energy, Inc. | 5780 |
| 320 | ProFrac Holding Corp., Class A (a) | 7545 |
| 1009 | TechnipFMC PLC (a) | 12512 |
|  |  | 43030 |
|  | ***Entertainment — 0.4%*** |  |
| 120 | World Wrestling Entertainment, Inc., Class A | 9586 |
|  | ***Equity Real Estate Investment Trusts — 0.4%*** |  |
| 95 | Ryman Hospitality Properties, Inc. | 8695 |
|  | ***Food & Staples Retailing — 1.3%*** |  |
| 499 | Chefs' Warehouse (The), Inc. (a) | 19386 |
| 169 | Performance Food Group Co. (a) | 10306 |
|  |  | 29692 |
|  | ***Food Products — 1.1%*** |  |
| 464 | Hostess Brands, Inc. (a) | 12250 |
| 791 | Mission Produce, Inc. (a) | 12569 |
|  |  | 24819 |
|  | ***Health Care Equipment & Supplies — 5.3%*** |  |
| 207 | Axonics, Inc. (a) | 14175 |
| 95 | Inari Medical, Inc. (a) | 6990 |
| 66 | Inspire Medical Systems, Inc. (a) | 15944 |
| 26 | Insulet Corp. (a) | 7784 |
| 72 | iRhythm Technologies, Inc. (a) | 7852 |
| 77 | Lantheus Holdings, Inc. (a) | 4780 |
| 480 | Neogen Corp. (a) | 7949 |
| 189 | NuVasive, Inc. (a) | 7341 |
| 174 | Omnicell, Inc. (a) | 8980 |
| 197 | PROCEPT BioRobotics Corp. (a) | 8451 |
| 41 | Shockwave Medical, Inc. (a) | 10398 |
| 70 | STAAR Surgical Co. (a) | 3998 |
| 225 | Tandem Diabetes Care, Inc. (a) | 9461 |
| 142 | TransMedics Group, Inc. (a) | 8785 |
|  |  | 122888 |
|  | ***Health Care Providers & Services — 2.9%*** |  |
| 306 | Acadia Healthcare Co., Inc. (a) | 27252 |
| 151 | AMN Healthcare Services, Inc. (a) | 18679 |
| 270 | HealthEquity, Inc. (a) | 17140 |
| 95 | Option Care Health, Inc. (a) | 2860 |
|  |  | 65931 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Health Care Technology — 0.6%*** |  |
| 334 | HealthStream, Inc. (a) | $8484 |
| 248 | Schrodinger, Inc. (a) | 4464 |
|  |  | 12948 |
|  | ***Hotels, Restaurants & Leisure — 4.2%*** |  |
| 137 | Dave & Buster's Entertainment, Inc. (a) | 5433 |
| 388 | Everi Holdings, Inc. (a) | 6487 |
| 220 | Papa John's International, Inc. | 18317 |
| 710 | Playa Hotels & Resorts N.V. (a) | 4367 |
| 92 | Texas Roadhouse, Inc. | 9137 |
| 262 | Wingstop, Inc. | 43364 |
| 497 | Xponential Fitness, Inc., Class A (a) | 11004 |
|  |  | 98109 |
|  | ***Insurance — 2.9%*** |  |
| 101 | Kinsale Capital Group, Inc. | 31129 |
| 182 | Palomar Holdings, Inc. (a) | 11419 |
| 49 | RenaissanceRe Holdings Ltd. | 9256 |
| 375 | Ryan Specialty Holdings, Inc. (a) | 15105 |
|  |  | 66909 |
|  | ***Internet & Direct Marketing Retail — 1.5%*** |  |
| 1403 | aka Brands Holding Corp. (a) | 2525 |
| 923 | Farfetch Ltd., Class A (a) | 7846 |
| 370 | Revolve Group, Inc. (a) | 9775 |
| 321 | Xometry, Inc., Class A (a) | 13556 |
|  |  | 33702 |
|  | ***IT Services — 2.9%*** |  |
| 64 | ExlService Holdings, Inc. (a) | 11981 |
| 206 | Flywire Corp. (a) | 4468 |
| 78 | Globant S.A. (a) | 14616 |
| 172 | Maximus, Inc. | 12092 |
| 1546 | Payoneer Global, Inc. (a) | 8348 |
| 205 | Toast, Inc., Class A (a) | 3764 |
| 68 | WEX, Inc. (a) | 11501 |
|  |  | 66770 |
|  | ***Life Sciences Tools & Services — 3.5%*** |  |
| 246 | Alpha Teknova, Inc. (a) | 1161 |
| 221 | Azenta, Inc. | 13307 |
| 270 | BioLife Solutions, Inc. (a) | 5716 |
| 160 | Bio-Techne Corp. | 13598 |
| 71 | ICON PLC (a) | 15296 |
| 42 | Medpace Holdings, Inc. (a) | 8815 |
| 597 | OmniAb, Inc. (a) | 2113 |
| 46 | OmniAb, Inc. (a) (b) (c) (d) | 0 |
| 46 | OmniAb, Inc. (a) (b) (c) (d) | 0 |
| 106 | Repligen Corp. (a) | 18957 |

---

---

| |
|:---|
| **First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Life Sciences Tools & Services (Continued)*** |  |
| 71 | Syneos Health, Inc. (a) | $2505 |
|  |  | 81468 |
|  | ***Machinery — 3.6%*** |  |
| 131 | Chart Industries, Inc. (a) | 18732 |
| 284 | Evoqua Water Technologies Corp. (a) | 12351 |
| 225 | Kornit Digital Ltd. (a) | 5769 |
| 71 | Lindsay Corp. | 12531 |
| 75 | RBC Bearings, Inc. (a) | 17773 |
| 249 | Shyft Group (The), Inc. | 6108 |
| 158 | SPX Technologies, Inc. (a) | 10570 |
|  |  | 83834 |
|  | ***Marine — 0.2%*** |  |
| 75 | Kirby Corp. (a) | 5234 |
|  | ***Metals & Mining — 0.8%*** |  |
| 440 | ATI, Inc. (a) | 13424 |
| 180 | MP Materials Corp. (a) | 5985 |
|  |  | 19409 |
|  | ***Oil, Gas & Consumable Fuels — 5.1%*** |  |
| 525 | Cameco Corp. | 12800 |
| 128 | Civitas Resources, Inc. | 8622 |
| 72 | Denbury, Inc. (a) | 6463 |
| 191 | Excelerate Energy, Inc., Class A | 5417 |
| 432 | Golar LNG Ltd. (a) | 10830 |
| 625 | Magnolia Oil & Gas Corp., Class A | 16300 |
| 294 | Matador Resources Co. | 19510 |
| 1771 | Southwestern Energy Co. (a) | 12255 |
| 747 | Viper Energy Partners, L.P. | 24673 |
|  |  | 116870 |
|  | ***Personal Products — 1.6%*** |  |
| 764 | BellRing Brands, Inc. (a) | 19031 |
| 324 | elf Beauty, Inc. (a) | 17807 |
|  |  | 36838 |
|  | ***Pharmaceuticals — 2.7%*** |  |
| 108 | Axsome Therapeutics, Inc. (a) | 7807 |
| 392 | DICE Therapeutics, Inc. (a) | 13646 |
| 122 | Ligand Pharmaceuticals, Inc. (a) | 8894 |
| 272 | Pacira BioSciences, Inc. (a) | 13124 |
| 419 | Supernus Pharmaceuticals, Inc. (a) | 15386 |
| 157 | Ventyx Biosciences, Inc. (a) | 4551 |
|  |  | 63408 |
|  | ***Professional Services — 1.3%*** |  |
| 1 | Exponent, Inc. | 103 |
| 58 | FTI Consulting, Inc. (a) | 10024 |
| 115 | ICF International, Inc. | 12463 |
| 142 | KBR, Inc. | 7337 |
|  |  | 29927 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Road & Rail — 0.2%*** |  |
| 17 | Saia, Inc. (a) | $4141 |
|  | ***Semiconductors & Semiconductor Equipment — 4.5%*** |  |
| 160 | Ambarella, Inc. (a) | 11872 |
| 186 | Axcelis Technologies, Inc. (a) | 14854 |
| 195 | Impinj, Inc. (a) | 24872 |
| 118 | Lattice Semiconductor Corp. (a) | 8594 |
| 262 | Maxeon Solar Technologies Ltd. (a) | 6031 |
| 146 | Onto Innovation, Inc. (a) | 11673 |
| 127 | Power Integrations, Inc. | 10221 |
| 118 | Rambus, Inc. (a) | 4529 |
| 58 | Semtech Corp. (a) | 1783 |
| 72 | Silicon Laboratories, Inc. (a) | 10471 |
|  |  | 104900 |
|  | ***Software — 9.7%*** |  |
| 25 | Aspen Technology, Inc. (a) | 5813 |
| 301 | Box, Inc., Class A (a) | 8262 |
| 426 | Clear Secure, Inc., Class A | 13240 |
| 225 | CyberArk Software Ltd. (a) | 33541 |
| 120 | Descartes Systems Group (The), Inc. (a) | 8334 |
| 492 | EngageSmart, Inc. (a) | 8349 |
| 292 | Envestnet, Inc. (a) | 17234 |
| 117 | Five9, Inc. (a) | 7501 |
| 119 | Guidewire Software, Inc. (a) | 7058 |
| 188 | Manhattan Associates, Inc. (a) | 23677 |
| 193 | Model N, Inc. (a) | 7504 |
| 55 | Paylocity Holding Corp. (a) | 11981 |
| 372 | PROS Holdings, Inc. (a) | 8861 |
| 215 | Q2 Holdings, Inc. (a) | 5848 |
| 103 | Qualys, Inc. (a) | 12702 |
| 240 | Rapid7, Inc. (a) | 7056 |
| 179 | SPS Commerce, Inc. (a) | 25465 |
| 11 | Tyler Technologies, Inc. (a) | 3770 |
| 331 | Varonis Systems, Inc. (a) | 7030 |
|  |  | 223226 |
|  | ***Specialty Retail — 1.8%*** |  |
| 31 | Five Below, Inc. (a) | 4987 |
| 96 | Floor & Decor Holdings, Inc., Class A (a) | 7164 |
| 363 | Leslie's, Inc. (a) | 5300 |
| 57 | Murphy USA, Inc. | 16861 |
| 665 | Sportsman's Warehouse Holdings, Inc. (a) | 6530 |
|  |  | 40842 |
|  | ***Textiles, Apparel & Luxury Goods — 0.2%*** |  |
| 39 | Crocs, Inc. (a) | 3939 |
|  | ***Trading Companies & Distributors — 1.5%*** |  |
| 103 | Applied Industrial Technologies, Inc. | 13646 |
| 357 | Core & Main, Inc., Class A (a) | 7426 |

---

---

| |
|:---|
| **First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Common Stocks (Continued)** |  |
|  | ***Trading Companies & Distributors (Continued)*** |  |
| 105 | SiteOne Landscape Supply, Inc. (a) | $13181 |
|  |  | 34253 |
|  | **Total Common Stocks — 97.2%** | 2243421 |
|  | (Cost $2,279,436) |  |
|  | **Money Market Funds — 2.8%** |  |
| 64692 | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio - Institutional Class - 3.58% (e) | 64692 |
|  | (Cost $64,692) |  |
|  | **Total Investments — 100.0%** | 2308113 |
|  | (Cost $2,344,128) |  |
|  | **Net Other Assets and Liabilities — (0.0)%** | (975) |
|  | **Net Assets — 100.0%** | $2307138 |

---

(a) Non-income producing security.

(b) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At November 30, 2022, securities noted as such are valued at $0 or 0.0% of net assets.

(c) This security's value was determined using significant unobservable inputs (see Valuation Inputs).

(d) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors, L.P., the Fund's Advisor.

(e) Rate shown reflects yield as of November 30, 2022.

---

| |
|:---|
| **First Trust Multi-Manager Small Cap Opportunities ETF (MMSC)** |
| **Portfolio of Investments (Continued)** |
| **November 30, 2022 (Unaudited)** |

---

---

| |
|:---|
| **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:<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.<br>&nbsp;&nbsp;&nbsp;&nbsp;&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 yields curves, or valuations derived from observable market data.)<br>&nbsp;&nbsp;&nbsp;&nbsp;&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.<br>The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.<br>A summary of the inputs used to value the Fund's investments as of November 30, 2022 is as follows: |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Total<br> Value at<br> 11/30/2022** | **Level 1<br> Quoted<br> Prices** | **Level 2<br> Significant<br> Observable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** | **Level 3<br> Significant<br> Unobservable<br> Inputs** |
| Common Stocks: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Sciences Tools & Services | $81468 | $81468 | $— | $&nbsp;&nbsp;&nbsp;&nbsp;— | \*\* |
| &nbsp;&nbsp;&nbsp;&nbsp;Other Industry Categories\* | 2161953 | 2161953 |  |  |  |
| Money Market Funds | 64692 | 64692 |  |  |  |
| Total Investments | $2308113 | $2308113 | $— | $&nbsp;&nbsp;&nbsp;&nbsp;— | \*\* |

---

\* See Portfolio of Investments for industry breakout.

\*\* Investment is valued at $0.

Level 3 Common Stocks are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments.<br> Level 3 Common Stocks values are based on unobservable and non-quantitative inputs.

## 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 VIII

- **b. Investment Company Act file number:** 811-23147

- **c. CIK number of Registrant:** 0001667919

- **d. LEI of Registrant:** 549300NT36PJKGP5Y765

- **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:** FT Cboe Vest Fund of Deep Buffer ETFs

- **b. EDGAR series identifier (if any):** S000070644

- **c. LEI of Series:** 5493002O48E4Y79ZEX81

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $553023370.51

**Total Liabilities:** $88418.10

**Net Assets:** $552934952.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000224383 | -3.34%               | 2.88%                | 2.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10433.60                | $-17939925.30                              |
| Month 2  | $-127687.42              | $15161625.02                               |
| Month 3  | $-48219.13               | $11742317.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FT CBOE Vest U.S. Equity Deep Buffer ETF - Sep    | FT CBOE Vest U.S. Equity Deep Buffer ETF - Sep    | CUSIP: 33740F680<br>LEI: 549300GKLU3NO7FR1S45 | Long             | EC               | RF                | US        |   1471659 | NS      | $46151226.24  | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest US Equity Deep Buffer ETF- November  | FT Cboe Vest US Equity Deep Buffer ETF- November  | CUSIP: 33740F839<br>LEI: 549300IODZGGM5ZEPV10 | Long             | EC               | RF                | US        |   1375768 | NS      | $46184531.76  | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - JAN    | FT Cboe Vest U.S. Equity Deep Buffer ETF - JAN    | CUSIP: 33740F631<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1491917 | NS      | $45980881.94  | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - August | FT Cboe Vest U.S. Equity Deep Buffer ETF - August | CUSIP: 33740F854<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1441286 | NS      | $46236454.88  | 8.36%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest US Equity Deep Buffer ETF - JUN      | FT Cboe Vest US Equity Deep Buffer ETF - JUN      | CUSIP: 33740F714<br>LEI: 549300Q2PP4IXJ7Z3T39 | Long             | EC               | RF                | US        |   1398023 | NS      | $46152793.50  | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest US Equity Deep Buffer ETF - May      | FT Cboe Vest US Equity Deep Buffer ETF - May      | CUSIP: 33740F730<br>LEI: 549300GSST0K3UKSM891 | Long             | EC               | RF                | US        |   1435248 | NS      | $46179391.45  | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest US Equity Deep Buffer ETF -Jul       | FT Cboe Vest US Equity Deep Buffer ETF -Jul       | CUSIP: 33740F698<br>LEI: 549300NJ12QEGZ21Q626 | Long             | EC               | RF                | US        |   1455743 | NS      | $46045151.09  | 8.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest US Equity Deep Buffer ETF - February | FT Cboe Vest US Equity Deep Buffer ETF - February | CUSIP: 33740F771<br>LEI: 549300W5JHJZFCH3B052 | Long             | EC               | RF                | US        |   1349821 | NS      | $46028896.10  | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Treasury Portfolio                          | MSILF Treasury Portfolio                          | CUSIP: 61747C582<br>LEI: 549300D1XR6GP7EZ0T47 | Long             | STIV             | RF                | US        |     89934 | NS      | $89933.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest US Equity Deep Buffer ETF-Mar        | FT Cboe Vest US Equity Deep Buffer ETF-Mar        | CUSIP: 33740F615<br>LEI: 54930016Y4QZ1XCT8Q38 | Long             | EC               | RF                | US        |   1501100 | NS      | $45978693.00  | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - OCT    | FT Cboe Vest U.S. Equity Deep Buffer ETF - OCT    | CUSIP: 33740F672<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1440638 | NS      | $46100416.00  | 8.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - DEC    | FT Cboe Vest U.S. Equity Deep Buffer ETF - DEC    | CUSIP: 33740U406<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1501624 | NS      | $45814548.24  | 8.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - APR    | FT Cboe Vest U.S. Equity Deep Buffer ETF - APR    | CUSIP: 33740U802<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1527867 | NS      | $46080468.72  | 8.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-24

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

**Signature:** Donald P. Swade

**Name of Signer:** Donald P. Swade

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