First Trust RiverFront Dynamic Developed International ETF (RFDI)Portfolio of InvestmentsJuly 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) — 98.8% | |||||
Australia — 10.0% | |||||
39,766 | ALS Ltd. (AUD) (c) | $402,600 | |||
44,244 | BHP Group Ltd. (AUD) (c) | 1,228,874 | |||
60,255 | Charter Hall Group (AUD) (c) | 503,185 | |||
172,206 | Charter Hall Long Wale REIT (AUD) (c) | 402,803 | |||
52,505 | Coles Group Ltd. (AUD) (c) | 622,272 | |||
3,811 | Commonwealth Bank of Australia (AUD) (c) | 343,410 | |||
48,983 | Fortescue Ltd. (AUD) (c) | 609,487 | |||
61,049 | Goodman Group (AUD) (c) | 1,409,383 | |||
122,252 | Harvey Norman Holdings Ltd. (AUD) (c) | 383,947 | |||
45,314 | Iluka Resources Ltd. (AUD) (c) | 180,275 | |||
219,594 | Incitec Pivot Ltd. (AUD) (c) | 423,945 | |||
14,183 | JB Hi-Fi Ltd. (AUD) (c) | 647,577 | |||
162,635 | Medibank Pvt Ltd. (AUD) (c) | 423,395 | |||
180,273 | Metcash Ltd. (AUD) (c) | 431,839 | |||
35,739 | Nine Entertainment Co. Holdings Ltd. (AUD) (c) | 34,036 | |||
9,416 | Rio Tinto Ltd. (AUD) (c) | 723,545 | |||
32,088 | Sonic Healthcare Ltd. (AUD) (c) | 581,536 | |||
218,398 | South32 Ltd. (AUD) (c) | 438,040 | |||
176,645 | Stockland (AUD) (c) | 533,541 | |||
327,425 | Vicinity Ltd. (AUD) (c) | 454,007 | |||
154,647 | Viva Energy Group Ltd. (AUD) (c) (d) (e) | 329,885 | |||
23,341 | Wesfarmers Ltd. (AUD) (c) | 1,126,488 | |||
11,929 | Woodside Energy Group Ltd. (AUD) (c) | 216,330 | |||
12,450,400 | |||||
Austria — 1.1% | |||||
59,059 | Telekom Austria AG (EUR) | 547,127 | |||
35,777 | UNIQA Insurance Group AG (EUR) (c) | 306,303 | |||
13,124 | Wienerberger AG (EUR) (c) | 465,465 | |||
1,318,895 | |||||
Belgium — 0.2% | |||||
32,876 | Proximus SADP (EUR) (c) | 237,764 | |||
Bermuda — 0.2% | |||||
17,398 | Orient Overseas International Ltd. (HKD) (c) | 245,016 | |||
Canada — 3.5% | |||||
26,403 | ARC Resources Ltd. (CAD) | 456,863 | |||
84,911 | B2Gold Corp. (CAD) | 254,613 | |||
21,148 | Canadian Natural Resources Ltd. (CAD) | 750,860 | |||
16,887 | Emera, Inc. (CAD) | 609,603 | |||
1,233 | George Weston Ltd. (CAD) | 190,953 | |||
12,681 | Northland Power, Inc. (CAD) | 212,077 | |||
20,875 | Pembina Pipeline Corp. (CAD) | 809,055 |
Shares | Description | Value | |||
Canada (Continued) | |||||
16,644 | Suncor Energy, Inc. (CAD) | $664,723 | |||
4,283 | West Fraser Timber Co., Ltd. (CAD) | 379,798 | |||
4,328,545 | |||||
Cayman Islands — 0.6% | |||||
135,903 | CK Hutchison Holdings Ltd. (HKD) (c) | 709,972 | |||
Denmark — 2.3% | |||||
244 | AP Moller - Maersk A/S, Class A (DKK) (c) | 396,363 | |||
267 | AP Moller - Maersk A/S, Class B (DKK) (c) | 441,709 | |||
15,186 | Novo Nordisk A/S, Class B (DKK) (c) | 2,012,037 | |||
1,027 | Svitzer A/S (DKK) (f) | 39,357 | |||
2,889,466 | |||||
Finland — 0.7% | |||||
6,181 | Elisa Oyj (EUR) (c) | 287,797 | |||
11,970 | Orion Oyj, Class B (EUR) (c) | 549,840 | |||
837,637 | |||||
France — 7.7% | |||||
30,856 | AXA S.A. (EUR) (c) | 1,083,350 | |||
27,217 | Carmila S.A. (EUR) (c) | 491,588 | |||
411 | Christian Dior SE (EUR) (c) | 270,236 | |||
9,657 | Covivio S.A. (EUR) (c) | 497,116 | |||
60,033 | Credit Agricole S.A. (EUR) (c) | 911,030 | |||
500 | Hermes International S.C.A. (EUR) (c) | 1,092,669 | |||
12,358 | La Francaise des Jeux SAEM (EUR) (c) (d) (e) | 479,475 | |||
1,391 | LVMH Moet Hennessy Louis Vuitton SE (EUR) (c) | 981,160 | |||
30,123 | Metropole Television S.A. (EUR) (c) | 393,197 | |||
2,679 | Sanofi S.A. (EUR) (c) | 276,185 | |||
30,148 | TotalEnergies SE (EUR) (c) | 2,033,978 | |||
9,622 | Vinci S.A. (EUR) (c) | 1,098,044 | |||
9,608,028 | |||||
Germany — 8.3% | |||||
5,892 | Allianz SE (EUR) (c) | 1,659,574 | |||
15,264 | Bayer AG (EUR) (c) | 454,115 | |||
8,314 | Bayerische Motoren Werke AG (EUR) (c) | 771,117 | |||
62,660 | Deutsche Bank AG (EUR) (c) | 975,334 | |||
21,162 | Deutsche Post AG (EUR) (c) | 943,944 | |||
56,985 | Deutsche Telekom AG (EUR) (c) | 1,490,586 | |||
58,526 | E.ON SE (EUR) (c) | 820,719 | |||
23,809 | Fresenius SE & Co. KGaA (EUR) (c) (f) | 853,096 |
First Trust RiverFront Dynamic Developed International ETF (RFDI)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) (Continued) | |||||
Germany (Continued) | |||||
1,634 | Hapag-Lloyd AG (EUR) (c) (d) (e) | $290,107 | |||
14,981 | Mercedes-Benz Group AG (EUR) (c) | 990,312 | |||
3,051 | SAP SE (EUR) (c) | 645,044 | |||
2,215 | Siemens AG (EUR) (c) | 405,561 | |||
10,299,509 | |||||
Greece — 0.7% | |||||
27,932 | Eurobank Ergasias Services and Holdings S.A. (EUR) (c) | 64,000 | |||
21,088 | Hellenic Telecommunications Organization S.A. (EUR) (c) | 346,471 | |||
24,821 | OPAP S.A. (EUR) (c) | 432,852 | |||
843,323 | |||||
Guernsey — 0.3% | |||||
9,530 | Shurgard Self Storage Ltd. (EUR) (c) | 372,591 | |||
Hong Kong — 0.1% | |||||
24,124 | AIA Group Ltd. (HKD) (c) | 161,362 | |||
Israel — 0.6% | |||||
10,280 | First International Bank Of Israel (The) Ltd. (ILS) (c) | 414,477 | |||
72,469 | ICL Group Ltd. (ILS) (c) | 303,361 | |||
717,838 | |||||
Italy — 4.1% | |||||
22,942 | ACEA S.p.A (EUR) (c) | 398,033 | |||
19,065 | Azimut Holding S.p.A. (EUR) (c) | 477,690 | |||
48,553 | Banca Mediolanum S.p.A (EUR) (c) | 573,232 | |||
96,815 | Banca Popolare di Sondrio S.p.A. (EUR) (c) | 737,841 | |||
55,328 | Eni S.p.A. (EUR) (c) | 885,238 | |||
84,517 | Pirelli & C S.p.A. (EUR) (c) (d) (e) | 529,101 | |||
53,965 | Poste Italiane S.p.A. (EUR) (c) (d) (e) | 730,555 | |||
77,284 | Unipol Gruppo S.p.A. (EUR) (c) | 832,686 | |||
5,164,376 | |||||
Japan — 24.3% | |||||
29,700 | Advantest Corp. (JPY) (c) | 1,314,563 | |||
27,800 | Bandai Namco Holdings, Inc. (JPY) (c) | 590,771 | |||
24,800 | Chugai Pharmaceutical Co., Ltd. (JPY) (c) | 1,082,334 | |||
3,300 | Disco Corp. (JPY) (c) | 1,103,510 | |||
2,700 | Fast Retailing Co., Ltd. (JPY) (c) | 744,252 | |||
98,200 | Honda Motor Co., Ltd. (JPY) (c) | 1,049,226 | |||
7,200 | Hoya Corp. (JPY) (c) | 902,166 | |||
25,500 | ITOCHU Corp. (JPY) (c) | 1,307,728 |
Shares | Description | Value | |||
Japan (Continued) | |||||
669 | Japan Metropolitan Fund Invest (JPY) (c) | $417,722 | |||
38,600 | Japan Tobacco, Inc. (JPY) (c) | 1,135,812 | |||
27,800 | KDDI Corp. (JPY) (c) | 836,502 | |||
368 | KDX Realty Investment Corp. (JPY) (c) | 379,399 | |||
72,000 | Mitsubishi Corp. (JPY) (c) | 1,486,948 | |||
174,700 | Mitsubishi UFJ Financial Group, Inc. (JPY) (c) | 2,017,847 | |||
15,200 | Mitsui OSK Lines Ltd. (JPY) (c) | 482,800 | |||
52,400 | Mizuho Financial Group, Inc. (JPY) (c) | 1,197,872 | |||
64,000 | MS&AD Insurance Group Holdings, Inc. (JPY) (c) | 1,508,771 | |||
14,250 | Nintendo Co., Ltd. (JPY) (c) | 787,432 | |||
631,400 | Nippon Telegraph & Telephone Corp. (JPY) (c) | 672,891 | |||
24,500 | Nippon Yusen KK (JPY) (c) | 789,486 | |||
7,500 | Nissan Chemical Corp. (JPY) (c) | 241,995 | |||
15,800 | Niterra Co., Ltd. (JPY) (c) | 467,968 | |||
10,300 | Nitto Denko Corp. (JPY) (c) | 894,385 | |||
3,600 | Obic Co., Ltd. (JPY) (c) | 548,939 | |||
4,800 | Oracle Corp Japan (JPY) (c) | 391,820 | |||
45,600 | ORIX Corp. (JPY) (c) | 1,103,048 | |||
30,900 | Recruit Holdings Co., Ltd. (JPY) (c) | 1,771,908 | |||
7,200 | SCREEN Holdings Co., Ltd. (JPY) (c) | 610,126 | |||
18,000 | Sega Sammy Holdings, Inc. (JPY) (c) | 291,490 | |||
28,800 | Sekisui House Ltd. (JPY) (c) | 721,623 | |||
10,500 | Shinko Electric Industries Co., Ltd. (JPY) (c) | 399,363 | |||
13,000 | Shionogi & Co., Ltd. (JPY) (c) | 571,858 | |||
36,700 | SoftBank Corp. (JPY) (c) | 478,743 | |||
600 | Sojitz Corp. (JPY) (c) | 14,192 | |||
26,300 | Takeda Pharmaceutical Co., Ltd. (JPY) (c) | 738,354 | |||
20,800 | Tokyo Gas Co., Ltd. (JPY) (c) | 455,720 | |||
37,600 | USS Co., Ltd. (JPY) (c) | 339,134 | |||
14,000 | ZOZO, Inc. (JPY) (c) | 409,849 | |||
30,258,547 | |||||
Jersey — 0.4% | |||||
155,585 | Man Group PLC (GBP) (c) | 489,824 | |||
Luxembourg — 0.3% | |||||
62,489 | B&M European Value Retail S.A. (GBP) (c) | 376,306 | |||
Netherlands — 2.9% | |||||
2,277 | ASML Holding N.V. (EUR) (c) | 2,120,279 |
First Trust RiverFront Dynamic Developed International ETF (RFDI)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) (Continued) | |||||
Netherlands (Continued) | |||||
1,937 | Ferrari N.V. (EUR) (c) | $797,217 | |||
169,886 | Koninklijke KPN N.V. (EUR) (c) | 669,383 | |||
3,586,879 | |||||
New Zealand — 0.6% | |||||
263,509 | Genesis Energy Ltd. (NZD) (c) | 347,712 | |||
150,779 | Spark New Zealand Ltd. (NZD) (c) | 387,499 | |||
735,211 | |||||
Norway — 0.8% | |||||
28,902 | Equinor ASA (NOK) (c) | 765,331 | |||
8,174 | Yara International ASA (NOK) (c) | 232,847 | |||
998,178 | |||||
Portugal — 0.5% | |||||
83,991 | Navigator (The) Co., S.A. (EUR) (c) | 340,788 | |||
66,217 | NOS SGPS S.A. (EUR) | 254,764 | |||
595,552 | |||||
Singapore — 0.8% | |||||
196,000 | Keppel DC REIT (SGD) (c) | 297,587 | |||
129,500 | Singapore Airlines Ltd. (SGD) (c) | 676,755 | |||
974,342 | |||||
Spain — 2.4% | |||||
119,536 | Banco Bilbao Vizcaya Argentaria S.A. (EUR) (c) | 1,252,884 | |||
15,769 | Cia de Distribucion Integral Logista Holdings S.A. (EUR) (c) | 466,987 | |||
33,509 | Endesa S.A. (EUR) (c) | 650,216 | |||
27,969 | Inmobiliaria Colonial Socimi S.A. (EUR) (c) | 162,703 | |||
29,298 | Redeia Corp. S.A. (EUR) (c) | 520,183 | |||
3,052,973 | |||||
Sweden — 0.9% | |||||
4,070 | Boliden AB (SEK) (c) | 124,472 | |||
152,175 | Telefonaktiebolaget LM Ericsson, Class B (SEK) (c) | 1,046,334 | |||
1,170,806 | |||||
Switzerland — 6.9% | |||||
30,434 | ABB Ltd. (CHF) (c) | 1,689,289 | |||
30,832 | EFG International AG (CHF) (c) | 440,696 | |||
2,499 | Kuehne + Nagel International AG (CHF) (c) | 774,667 | |||
13,304 | Nestle S.A. (CHF) (c) | 1,347,597 | |||
22,864 | Novartis AG (CHF) (c) | 2,552,259 | |||
1,859 | Roche Holding AG (CHF) (c) | 653,833 |
Shares | Description | Value | |||
Switzerland (Continued) | |||||
4,574 | Sandoz Group AG (CHF) (c) | $198,389 | |||
7,940 | SGS S.A. (CHF) (c) | 868,106 | |||
8,524,836 | |||||
United Kingdom — 17.6% | |||||
33,529 | 3i Group PLC (GBP) (c) | 1,348,891 | |||
13,144 | Admiral Group PLC (GBP) (c) | 465,817 | |||
294,249 | Airtel Africa PLC (GBP) (c) (d) (e) | 431,407 | |||
5,272 | AstraZeneca PLC (GBP) (c) | 837,564 | |||
474,012 | Barclays PLC (GBP) (c) | 1,417,436 | |||
81,091 | Barratt Developments PLC (GBP) (c) | 548,732 | |||
21,769 | Big Yellow Group PLC (GBP) (c) | 338,537 | |||
50,485 | BP PLC (GBP) (c) | 298,421 | |||
30,175 | British American Tobacco PLC (GBP) (c) | 1,070,636 | |||
161,277 | BT Group PLC (GBP) (c) | 292,475 | |||
74,354 | Evraz PLC (GBP) (c) (f) (g) (h) | 0 | |||
33,195 | Hargreaves Lansdown PLC (GBP) (c) | 471,569 | |||
74,494 | HSBC Holdings PLC (GBP) (c) | 677,454 | |||
48,898 | IG Group Holdings PLC (GBP) (c) | 590,525 | |||
34,717 | Imperial Brands PLC (GBP) (c) | 956,861 | |||
28,648 | Inchcape PLC (GBP) (c) | 311,559 | |||
54,356 | Investec PLC (GBP) (c) | 430,391 | |||
108,807 | J Sainsbury PLC (GBP) (c) | 385,850 | |||
266,154 | Legal & General Group PLC (GBP) (c) | 793,835 | |||
26,960 | Mondi PLC (GBP) (c) | 527,111 | |||
69,884 | National Grid PLC (GBP) (c) | 886,698 | |||
248,698 | NatWest Group PLC (GBP) (c) | 1,179,940 | |||
31,717 | Persimmon PLC (GBP) (c) | 646,780 | |||
18,936 | Rio Tinto PLC (GBP) (c) | 1,231,459 | |||
38,689 | Safestore Holdings PLC (GBP) (c) | 402,031 | |||
45,629 | Shell PLC (GBP) (c) | 1,663,805 | |||
312,087 | Taylor Wimpey PLC (GBP) (c) | 639,831 | |||
28,982 | Unilever PLC (GBP) (c) | 1,781,074 | |||
180,063 | Virgin Money UK PLC (GBP) (c) | 497,950 | |||
42,460 | Vistry Group PLC (GBP) (c) (f) | 756,267 | |||
21,880,906 | |||||
Total Common Stocks | 122,829,082 | ||||
(Cost $101,346,125) |
First Trust RiverFront Dynamic Developed International ETF (RFDI)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Shares | Description | Value | |||
MONEY MARKET FUNDS — 0.2% | |||||
186,918 | Dreyfus Government Cash Management Fund, Institutional Shares - 5.21% (i) | $186,918 | |||
(Cost $186,918) | |||||
Total Investments — 99.0% | 123,016,000 | ||||
(Cost $101,533,043) | |||||
Net Other Assets and Liabilities — 1.0% | 1,259,175 | ||||
Net Assets — 100.0% | $124,275,175 |
(a) | Portfolio securities are categorized based upon their country of incorporation. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table. |
(b) | Securities are issued in U.S. dollars unless otherwise indicated in the security description. |
(c) | 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 July 31, 2024, securities noted as such are valued at $117,659,289 or 94.7% 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. |
(d) | 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. |
(e) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act. |
(f) | Non-income producing security. |
(g) | 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. |
(h) | This security’s value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section). |
(i) | Rate shown reflects yield as of July 31, 2024. |
Abbreviations throughout the Portfolio of Investments: | |
AUD | – Australian Dollar |
CAD | – Canadian Dollar |
CHF | – Swiss Franc |
DKK | – Danish Krone |
EUR | – Euro |
GBP | – British Pound Sterling |
HKD | – Hong Kong Dollar |
ILS | – Israeli Shekel |
JPY | – Japanese Yen |
NOK | – Norwegian Krone |
NZD | – New Zealand Dollar |
SEK | – Swedish Krona |
SGD | – Singapore Dollar |
USD | – United States Dollar |
Sector Allocation | % of Total Long-Term Investments |
Financials | 20.8% |
Consumer Discretionary | 13.3 |
Industrials | 12.5 |
Health Care | 10.0 |
Energy | 7.2 |
Materials | 7.0 |
Information Technology | 6.7 |
Communication Services | 6.6 |
Consumer Staples | 6.5 |
Real Estate | 5.4 |
Utilities | 4.0 |
Total | 100.0% |
Currency Exposure Diversification | % of Total Investments |
EUR | 29.2% |
JPY | 24.6 |
GBP | 18.5 |
AUD | 10.1 |
CHF | 6.9 |
CAD | 3.5 |
DKK | 2.3 |
SEK | 1.0 |
HKD | 0.9 |
NOK | 0.8 |
SGD | 0.8 |
NZD | 0.6 |
ILS | 0.6 |
USD | 0.2 |
Total | 100.0% |
First Trust RiverFront Dynamic Developed International ETF (RFDI)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of July 31, 2024 is as follows (see Valuation Inputs in the Additional Information section):
Total Value at 7/31/2024 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Common Stocks: | ||||
Austria | $ 1,318,895 | $ 547,127 | $ 771,768 | $ — |
Canada | 4,328,545 | 4,328,545 | — | — |
Denmark | 2,889,466 | 39,357 | 2,850,109 | — |
Portugal | 595,552 | 254,764 | 340,788 | — |
United Kingdom | 21,880,906 | — | 21,880,906 | —** |
Other Country Categories* | 91,815,718 | — | 91,815,718 | — |
Money Market Funds | 186,918 | 186,918 | — | — |
Total Investments | $123,016,000 | $5,356,711 | $117,659,289 | $—** |
* | See Portfolio of Investments for country breakout. |
** | Investment is valued at $0. |
Level 3 investments are fair valued by the Advisor’s Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.
First Trust RiverFront Dynamic Europe ETF (RFEU)Portfolio of InvestmentsJuly 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) — 99.8% | |||||
Australia — 0.7% | |||||
584 | Rio Tinto Ltd. (AUD) (c) | $44,876 | |||
Austria — 1.9% | |||||
1,023 | OMV AG (EUR) (c) | 42,803 | |||
2,282 | Raiffeisen Bank International AG (EUR) (c) | 44,488 | |||
4,442 | Telekom Austria AG (EUR) | 41,151 | |||
128,442 | |||||
Belgium — 0.3% | |||||
305 | Cofinimmo S.A. (EUR) (c) | 19,609 | |||
Denmark — 7.3% | |||||
24 | AP Moller - Maersk A/S, Class A (DKK) (c) | 38,986 | |||
25 | AP Moller - Maersk A/S, Class B (DKK) (c) | 41,359 | |||
344 | DSV A/S (DKK) (c) | 63,105 | |||
75 | Genmab A/S (DKK) (c) (d) | 21,185 | |||
2,390 | Novo Nordisk A/S, Class B (DKK) (c) | 316,658 | |||
98 | Svitzer A/S (DKK) (d) | 3,756 | |||
485,049 | |||||
Finland — 0.9% | |||||
847 | Orion Oyj, Class B (EUR) (c) | 38,907 | |||
1,055 | TietoEVRY Oyj (EUR) (c) | 21,393 | |||
60,300 | |||||
France — 12.8% | |||||
566 | Amundi S.A. (EUR) (c) (e) (f) | 41,307 | |||
2,499 | Carrefour S.A. (EUR) (c) | 37,278 | |||
51 | Christian Dior SE (EUR) (c) | 33,533 | |||
227 | Cie de Saint-Gobain S.A. (EUR) (c) | 19,473 | |||
681 | Covivio S.A. (EUR) (c) | 35,056 | |||
214 | Dassault Aviation S.A. (EUR) (c) | 43,086 | |||
19 | Hermes International S.C.A. (EUR) (c) | 41,522 | |||
299 | Ipsen S.A. (EUR) (c) | 33,572 | |||
874 | La Francaise des Jeux SAEM (EUR) (c) (e) (f) | 33,910 | |||
224 | LVMH Moet Hennessy Louis Vuitton SE (EUR) (c) | 158,001 | |||
5,061 | Orange S.A. (EUR) (c) | 56,163 | |||
1,377 | Rexel S.A. (EUR) (c) | 34,985 | |||
262 | Sanofi S.A. (EUR) (c) | 27,010 | |||
134 | Sartorius Stedim Biotech (EUR) (c) | 26,740 | |||
2,317 | TotalEnergies SE (EUR) (c) | 156,320 | |||
710 | Vinci S.A. (EUR) (c) | 81,024 | |||
858,980 |
Shares | Description | Value | |||
Germany — 11.8% | |||||
453 | Allianz SE (EUR) (c) | $127,595 | |||
641 | Bayerische Motoren Werke AG (EUR) (c) | 59,452 | |||
372 | Bayerische Motoren Werke AG (Preference Shares) (EUR) (c) | 31,892 | |||
541 | Brenntag SE (EUR) (c) | 38,485 | |||
1,641 | Deutsche Post AG (EUR) (c) | 73,198 | |||
2,685 | Deutsche Telekom AG (EUR) (c) | 70,233 | |||
1,123 | Mercedes-Benz Group AG (EUR) (c) | 74,235 | |||
453 | Nemetschek SE (EUR) (c) | 43,269 | |||
304 | SAP SE (EUR) (c) | 64,272 | |||
103 | Sartorius AG (Preference Shares) (EUR) (c) | 29,213 | |||
198 | Siemens AG (EUR) (c) | 36,253 | |||
675 | Talanx AG (EUR) (c) | 51,281 | |||
12,188 | Telefonica Deutschland Holding AG (EUR) | 28,755 | |||
355 | Volkswagen AG (Preference Shares) (EUR) (c) | 39,619 | |||
207 | Wacker Chemie AG (EUR) (c) | 20,690 | |||
788,442 | |||||
Greece — 1.1% | |||||
4,251 | National Bank of Greece S.A. (EUR) (c) | 37,317 | |||
2,003 | OPAP S.A. (EUR) (c) | 34,930 | |||
72,247 | |||||
Israel — 0.4% | |||||
715 | First International Bank Of Israel (The) Ltd. (ILS) (c) | 28,828 | |||
Italy — 5.1% | |||||
20,943 | A2A S.p.A. (EUR) (c) | 44,359 | |||
1,541 | Azimut Holding S.p.A. (EUR) (c) | 38,611 | |||
10,607 | BPER Banca (EUR) (c) | 62,062 | |||
11,581 | Enel S.p.A. (EUR) (c) | 82,679 | |||
4,855 | Eni S.p.A. (EUR) (c) | 77,679 | |||
10,307 | Hera S.p.A. (EUR) (c) | 37,713 | |||
343,103 | |||||
Jersey — 1.9% | |||||
1,885 | Experian PLC (GBP) (c) | 88,934 | |||
11,001 | Man Group PLC (GBP) (c) | 34,634 | |||
123,568 | |||||
Luxembourg — 0.5% | |||||
5,453 | B&M European Value Retail S.A. (GBP) (c) | 32,838 | |||
Netherlands — 6.7% | |||||
340 | ASML Holding N.V. (EUR) (c) | 316,599 | |||
84 | Ferrari N.V. (EUR) (c) | 34,572 |
First Trust RiverFront Dynamic Europe ETF (RFEU)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) (Continued) | |||||
Netherlands (Continued) | |||||
459 | OCI N.V. (EUR) (c) | $11,062 | |||
519 | Wolters Kluwer N.V. (EUR) (c) | 86,885 | |||
449,118 | |||||
Norway — 1.2% | |||||
2,178 | Equinor ASA (NOK) (c) | 57,674 | |||
850 | Yara International ASA (NOK) (c) | 24,213 | |||
81,887 | |||||
Portugal — 1.1% | |||||
2,589 | Galp Energia SGPS S.A. (EUR) (c) | 54,438 | |||
5,179 | Navigator (The) Co., S.A. (EUR) (c) | 21,013 | |||
75,451 | |||||
Spain — 5.9% | |||||
2,946 | Acerinox S.A. (EUR) (c) | 30,955 | |||
9,897 | Banco Bilbao Vizcaya Argentaria S.A. (EUR) (c) | 103,733 | |||
1,307 | Cia de Distribucion Integral Logista Holdings S.A. (EUR) (c) | 38,706 | |||
2,299 | Endesa S.A. (EUR) (c) | 44,610 | |||
1,041 | Grupo Catalana Occidente S.A. (EUR) (c) | 45,005 | |||
6,277 | Minor Hotels Europe & Americas S.A. (EUR) (c) (d) | 28,277 | |||
2,091 | Redeia Corp. S.A. (EUR) (c) | 37,126 | |||
14,012 | Telefonica S.A. (EUR) (c) | 63,464 | |||
391,876 | |||||
Sweden — 1.7% | |||||
461 | Evolution AB (SEK) (c) (e) (f) | 44,657 | |||
10,328 | Telefonaktiebolaget LM Ericsson, Class B (SEK) (c) | 71,014 | |||
115,671 | |||||
Switzerland — 14.5% | |||||
170 | Kuehne + Nagel International AG (CHF) (c) | 52,698 | |||
2,216 | Nestle S.A. (CHF) (c) | 224,464 | |||
1,790 | Novartis AG (CHF) (c) | 199,814 | |||
49 | Partners Group Holding AG (CHF) (c) | 65,956 | |||
576 | Roche Holding AG (CHF) (c) | 186,486 | |||
149 | Roche Holding AG (CHF) (c) | 52,405 | |||
356 | Sandoz Group AG (CHF) (c) | 15,441 | |||
440 | SGS S.A. (CHF) (c) | 48,107 | |||
90 | Swiss Life Holding AG (CHF) (c) | 68,914 | |||
89 | Swisscom AG (CHF) (c) | 54,472 | |||
968,757 |
Shares | Description | Value | |||
United Kingdom — 24.0% | |||||
2,868 | 3i Group PLC (GBP) (c) | $115,381 | |||
1,383 | Admiral Group PLC (GBP) (c) | 49,013 | |||
507 | AstraZeneca PLC (GBP) (c) | 80,547 | |||
5,075 | Auto Trader Group PLC (GBP) (c) (e) (f) | 53,160 | |||
5,772 | Barratt Developments PLC (GBP) (c) | 39,058 | |||
5,698 | BP PLC (GBP) (c) | 33,681 | |||
2,727 | British American Tobacco PLC (GBP) (c) | 96,756 | |||
33,063 | BT Group PLC (GBP) (c) | 59,960 | |||
472 | Diageo PLC (GBP) (c) | 14,686 | |||
2,174 | Dunelm Group PLC (GBP) (c) | 34,482 | |||
44,089 | Evraz PLC (GBP) (c) (d) (g) (h) | 0 | |||
5,678 | GSK PLC (GBP) (c) | 110,260 | |||
3,120 | Hargreaves Lansdown PLC (GBP) (c) | 44,323 | |||
7,619 | HSBC Holdings PLC (GBP) (c) | 69,288 | |||
1,745 | Intermediate Capital Group PLC (GBP) (c) | 49,256 | |||
704 | Intertek Group PLC (GBP) (c) | 45,716 | |||
5,593 | National Grid PLC (GBP) (c) | 70,965 | |||
347 | Next PLC (GBP) (c) | 40,557 | |||
6,282 | OSB Group PLC (GBP) (c) | 41,565 | |||
2,621 | RELX PLC (GBP) (c) | 123,704 | |||
4,089 | Shell PLC (GBP) (c) | 149,100 | |||
24,891 | Taylor Wimpey PLC (GBP) (c) | 51,031 | |||
17,917 | Tesco PLC (GBP) (c) | 76,406 | |||
2,548 | Unilever PLC (GBP) (c) | 156,586 | |||
1,605,481 | |||||
Total Common Stocks | 6,674,523 | ||||
(Cost $6,433,627) | |||||
MONEY MARKET FUNDS — 0.8% | |||||
53,608 | Dreyfus Government Cash Management Fund, Institutional Shares - 5.21% (i) | 53,608 | |||
(Cost $53,608) | |||||
Total Investments — 100.6% | 6,728,131 | ||||
(Cost $6,487,235) | |||||
Net Other Assets and Liabilities — (0.6)% | (42,541 ) | ||||
Net Assets — 100.0% | $6,685,590 |
(a) | Portfolio securities are categorized based upon their country of incorporation. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table. |
(b) | Securities are issued in U.S. dollars unless otherwise indicated in the security description. |
First Trust RiverFront Dynamic Europe ETF (RFEU)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
(c) | 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 July 31, 2024, securities noted as such are valued at $6,600,861 or 98.7% 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. |
(d) | Non-income producing security. |
(e) | 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. |
(f) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act. |
(g) | 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. |
(h) | This security’s value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section). |
(i) | Rate shown reflects yield as of July 31, 2024. |
Abbreviations throughout the Portfolio of Investments: | |
AUD | – Australian Dollar |
CHF | – Swiss Franc |
DKK | – Danish Krone |
EUR | – Euro |
GBP | – British Pound Sterling |
ILS | – Israeli Shekel |
NOK | – Norwegian Krone |
SEK | – Swedish Krona |
USD | – United States Dollar |
Sector Allocation | % of Total Long-Term Investments |
Health Care | 17.0% |
Financials | 16.8 |
Industrials | 14.4 |
Consumer Discretionary | 12.2 |
Consumer Staples | 9.1 |
Energy | 8.6 |
Information Technology | 7.7 |
Communication Services | 6.4 |
Utilities | 4.7 |
Materials | 2.3 |
Real Estate | 0.8 |
Total | 100.0% |
Currency Exposure Diversification | % of Total Investments |
EUR | 47.4% |
GBP | 26.2 |
CHF | 14.4 |
DKK | 7.2 |
SEK | 1.7 |
NOK | 1.2 |
USD | 0.8 |
AUD | 0.7 |
ILS | 0.4 |
Total | 100.0% |
Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of July 31, 2024 is as follows (see Valuation Inputs in the Additional Information section):
Total Value at 7/31/2024 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Common Stocks: | ||||
Austria | $ 128,442 | $ 41,151 | $ 87,291 | $ — |
Denmark | 485,049 | 3,756 | 481,293 | — |
Germany | 788,442 | 28,755 | 759,687 | — |
United Kingdom | 1,605,481 | — | 1,605,481 | —** |
Other Country Categories* | 3,667,109 | — | 3,667,109 | — |
Money Market Funds | 53,608 | 53,608 | — | — |
Total Investments | $6,728,131 | $127,270 | $6,600,861 | $—** |
* | See Portfolio of Investments for country breakout. |
** | Investment is valued at $0. |
Level 3 investments are fair valued by the Advisor’s Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)Portfolio of InvestmentsJuly 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) — 100.0% | |||||
Bermuda — 1.7% | |||||
190,550 | COSCO SHIPPING Ports Ltd. (HKD) (c) | $113,273 | |||
265,144 | Luye Pharma Group Ltd. (HKD) (c) (d) (e) (f) | 94,658 | |||
13,203 | Orient Overseas International Ltd. (HKD) (c) | 185,938 | |||
259,268 | Skyworth Group Ltd. (HKD) (c) | 94,054 | |||
487,923 | |||||
Brazil — 8.9% | |||||
22,025 | Allos S.A. (BRL) | 85,045 | |||
50,446 | Banco do Brasil S.A. (BRL) | 236,794 | |||
38,120 | BB Seguridade Participacoes S.A. (BRL) | 237,030 | |||
34,681 | Fleury S.A. (BRL) | 92,954 | |||
34,659 | Gerdau S.A., ADR | 112,295 | |||
25,896 | Gerdau S.A. (BRL) | 72,796 | |||
55,345 | JBS S.A. (BRL) | 329,948 | |||
46,424 | Petroleo Brasileiro S.A. (BRL) | 333,233 | |||
16,769 | Petroleo Brasileiro S.A., ADR | 220,680 | |||
15,352 | Petroleo Brasileiro S.A., ADR | 219,073 | |||
23,769 | Suzano S.A. (BRL) | 226,337 | |||
15,061 | Vale S.A., ADR | 163,412 | |||
27,761 | Vale S.A. (BRL) | 302,487 | |||
2,632,084 | |||||
Cayman Islands — 9.8% | |||||
54,539 | Alibaba Group Holding Ltd. (HKD) (c) | 536,676 | |||
17,899 | ANTA Sports Products Ltd. (HKD) (c) | 160,211 | |||
190,501 | China Feihe Ltd. (HKD) (c) (d) (f) | 86,276 | |||
82,522 | China Medical System Holdings Ltd. (HKD) (c) | 68,437 | |||
111,030 | CIMC Enric Holdings Ltd. (HKD) (c) | 103,319 | |||
113,130 | Dongyue Group Ltd. (HKD) (c) | 98,567 | |||
207,755 | Fufeng Group Ltd. (HKD) (c) | 122,724 | |||
9,097 | Meituan, Class B (HKD) (c) (d) (e) (f) | 125,963 | |||
241 | PDD Holdings, Inc., ADR (e) | 31,063 | |||
42,961 | Pop Mart International Group Ltd. (HKD) (c) (d) (f) | 227,931 | |||
23,590 | Tencent Holdings Ltd. (HKD) (c) | 1,088,595 | |||
125,133 | Topsports International Holdings Ltd. (HKD) (c) (d) (f) | 55,737 | |||
76,324 | Wisdom Marine Lines Co., Ltd. (TWD) (c) | 165,519 | |||
2,871,018 |
Shares | Description | Value | |||
Chile — 2.7% | |||||
2,152,316 | Banco de Chile (CLP) | $256,415 | |||
2,133,104 | Cia Sud Americana de Vapores S.A. (CLP) | 146,597 | |||
61,762 | Empresas CMPC S.A. (CLP) | 107,278 | |||
1,764,661 | Enel Chile S.A. (CLP) | 100,798 | |||
9,704,077 | Norte Grande S.A. (CLP) | 83,711 | |||
2,968 | Sociedad Quimica y Minera de Chile S.A., ADR | 112,962 | |||
807,761 | |||||
Greece — 1.4% | |||||
75,050 | Eurobank Ergasias Services and Holdings S.A. (EUR) (c) | 171,960 | |||
4,749 | Motor Oil Hellas Corinth Refineries S.A. (EUR) (c) | 121,052 | |||
7,129 | OPAP S.A. (EUR) (c) | 124,322 | |||
417,334 | |||||
Hong Kong — 1.8% | |||||
93,025 | China Merchants Port Holdings Co., Ltd. (HKD) (c) | 136,787 | |||
154,815 | China Resources Pharmaceutical Group Ltd. (HKD) (c) (d) (f) | 105,859 | |||
221,545 | Lenovo Group Ltd. (HKD) (c) | 286,948 | |||
529,594 | |||||
India — 24.7% | |||||
64,458 | Adani Power Ltd. (INR) (c) (e) | 567,155 | |||
3,540 | Bajaj Finance Ltd. (INR) (c) | 288,464 | |||
92,235 | Bank of Baroda (INR) (c) | 279,990 | |||
4,207 | Britannia Industries Ltd. (INR) (c) | 290,903 | |||
44,638 | CG Power & Industrial Solutions Ltd. (INR) (c) | 393,393 | |||
19,042 | HCL Technologies Ltd. (INR) (c) | 374,688 | |||
11,149 | Hindustan Unilever Ltd. (INR) (c) | 360,698 | |||
39,246 | ICICI Bank Ltd. (INR) (c) | 572,068 | |||
110,406 | IDFC, Ltd. (INR) (c) | 148,868 | |||
15,204 | Indian Railway Catering & Tourism Corp., Ltd. (INR) (c) | 179,801 | |||
1,609 | Infosys Ltd. (INR) (c) | 35,679 | |||
50,692 | ITC Ltd. (INR) (c) | 300,536 | |||
7,232 | Jio Financial Services Ltd. (INR) (c) (e) | 28,478 | |||
21,012 | LIC Housing Finance Ltd. (INR) (c) | 193,188 | |||
1,540 | LTIMindtree Ltd. (INR) (c) (d) (f) | 104,337 | |||
79,732 | Power Finance Corp., Ltd. (INR) (c) | 532,222 | |||
41,828 | REC Ltd. (INR) (c) | 323,108 | |||
5,339 | Reliance Industries Ltd. (INR) (c) | 192,484 |
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) (Continued) | |||||
India (Continued) | |||||
10,177 | Shriram Finance Ltd. (INR) (c) | $357,048 | |||
37,506 | State Bank of India (INR) (c) | 392,115 | |||
18,955 | Sun Pharmaceutical Industries Ltd. (INR) (c) | 389,866 | |||
8,780 | Tata Consultancy Services Ltd. (INR) (c) | 461,044 | |||
7,371 | Titan Co., Ltd. (INR) (c) | 305,243 | |||
38,424 | Vedanta Ltd. (INR) (c) | 207,277 | |||
7,278,653 | |||||
Indonesia — 0.8% | |||||
764,050 | Adaro Energy Indonesia Tbk PT (IDR) | 151,307 | |||
238,111 | Indofood Sukses Makmur Tbk PT (IDR) | 89,694 | |||
241,001 | |||||
Israel — 1.2% | |||||
24,009 | Bank Hapoalim BM (ILS) (c) | 220,315 | |||
27,701 | ICL Group Ltd. (ILS) (c) | 115,958 | |||
336,273 | |||||
Malaysia — 2.0% | |||||
89,600 | Alliance Bank Malaysia Bhd (MYR) (c) | 80,393 | |||
132,700 | IOI Corp. Bhd (MYR) (c) | 110,407 | |||
377,700 | IOI Properties Group Bhd (MYR) (c) | 175,218 | |||
333,200 | Sunway Real Estate Investment Trust (MYR) (c) | 117,513 | |||
92,500 | TIME dotCom Bhd (MYR) | 103,482 | |||
587,013 | |||||
Mexico — 0.7% | |||||
32,057 | Alsea SAB de C.V. (MXN) | 96,785 | |||
40,761 | Banco del Bajio S.A. (MXN) (d) (f) | 121,467 | |||
218,252 | |||||
Philippines — 1.4% | |||||
68,360 | International Container Terminal Services, Inc. (PHP) | 416,890 | |||
Poland — 2.0% | |||||
5,812 | Asseco Poland S.A. (PLN) (c) | 123,187 | |||
5,158 | Bank Handlowy w Warszawie S.A. (PLN) (c) | 126,504 | |||
14,625 | ORLEN S.A. (PLN) (c) | 238,476 | |||
56,474 | PGE Polska Grupa Energetyczna S.A. (PLN) (c) (e) | 103,979 | |||
592,146 |
Shares | Description | Value | |||
Russia — 0.0% | |||||
59,735 | Rosneft Oil Co. PJSC (RUB) (c) (e) (g) (h) | $0 | |||
23,602 | Severstal PAO (RUB) (c) (e) (g) (h) | 0 | |||
0 | |||||
Saudi Arabia — 1.3% | |||||
6,776 | SABIC Agri-Nutrients Co. (SAR) (c) | 212,621 | |||
22,886 | Sahara International Petrochemical Co. (SAR) (c) | 174,154 | |||
386,775 | |||||
Singapore — 0.6% | |||||
47,000 | Sembcorp Industries Ltd. (SGD) (c) | 168,052 | |||
South Africa — 1.9% | |||||
1,657 | Absa Group Ltd. (ZAR) (c) | 14,569 | |||
18,218 | Exxaro Resources Ltd. (ZAR) (c) | 195,190 | |||
27,810 | Impala Platinum Holdings Ltd. (ZAR) (c) | 142,866 | |||
9,184 | Kumba Iron Ore Ltd. (ZAR) | 200,341 | |||
552,966 | |||||
South Korea — 10.6% | |||||
3,898 | GS Holdings Corp. (KRW) (c) | 139,545 | |||
9,369 | HMM Co., Ltd. (KRW) (c) | 124,613 | |||
1,773 | Hyundai Motor Co. (KRW) (c) | 323,129 | |||
4,635 | Kia Corp. (KRW) (c) | 380,333 | |||
4,712 | KT Corp. (KRW) (c) | 137,220 | |||
5,997 | Meritz Financial Group, Inc. (KRW) (c) | 369,630 | |||
21,497 | Mirae Asset Securities Co., Ltd. (KRW) (c) | 122,064 | |||
252 | Samsung Biologics Co., Ltd. (KRW) (c) (d) (e) (f) | 172,895 | |||
17,147 | Samsung Electronics Co., Ltd. (KRW) (c) | 1,057,323 | |||
2,407 | Samsung SDS Co., Ltd. (KRW) (c) | 260,464 | |||
648 | SK Square Co., Ltd. (KRW) (c) (e) | 41,102 | |||
3,128,318 | |||||
Taiwan — 25.2% | |||||
5,960 | Bora Pharmaceuticals Co., Ltd. (TWD) (c) | 149,316 | |||
34,227 | Chicony Electronics Co., Ltd. (TWD) (c) | 163,107 | |||
65,700 | Evergreen Marine Corp. Taiwan Ltd. (TWD) (c) | 341,241 | |||
5,290 | Global Unichip Corp. (TWD) (c) | 190,414 | |||
11,794 | International Games System Co., Ltd. (TWD) (c) | 269,834 |
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Shares | Description | Value | |||
COMMON STOCKS (a) (b) (Continued) | |||||
Taiwan (Continued) | |||||
6,092 | Jentech Precision Industrial Co., Ltd. (TWD) (c) | $218,885 | |||
17,584 | MediaTek, Inc. (TWD) (c) | 669,689 | |||
20,933 | Micro-Star International Co., Ltd. (TWD) (c) | 109,218 | |||
15,190 | Nan Ya Printed Circuit Board Corp. (TWD) (c) | 77,777 | |||
72,090 | Ruentex Industries Ltd. (TWD) (c) | 177,271 | |||
21,503 | Sino-American Silicon Products, Inc. (TWD) (c) | 126,678 | |||
117,545 | Taiwan Semiconductor Manufacturing Co., Ltd. (TWD) (c) | 3,428,942 | |||
2,527 | Taiwan Semiconductor Manufacturing Co., Ltd., ADR | 418,977 | |||
20,355 | Tripod Technology Corp. (TWD) (c) | 124,920 | |||
56,585 | Unimicron Technology Corp. (TWD) (c) | 315,315 | |||
72,740 | Wan Hai Lines Ltd. (TWD) (c) | 173,515 | |||
1,638 | Wiwynn Corp. (TWD) (c) | 103,823 | |||
75,198 | WPG Holdings Ltd. (TWD) (c) | 198,158 | |||
86,773 | Yang Ming Marine Transport Corp. (TWD) (c) | 168,154 | |||
7,425,234 | |||||
Turkey — 1.3% | |||||
76,767 | Aksa Enerji Uretim A/S (TRY) | 95,687 | |||
59,919 | Enerjisa Enerji A/S (TRY) (c) (d) (f) | 122,207 | |||
55,654 | Haci Omer Sabanci Holding A/S (TRY) | 166,956 | |||
384,850 | |||||
Total Common Stocks | 29,462,137 | ||||
(Cost $24,368,346) | |||||
MONEY MARKET FUNDS — 0.8% | |||||
242,547 | Dreyfus Government Cash Management Fund, Institutional Shares - 5.21% (i) | 242,547 | |||
(Cost $242,547) | |||||
Total Investments — 100.8% | 29,704,684 | ||||
(Cost $24,610,893) | |||||
Net Other Assets and Liabilities — (0.8)% | (230,704 ) | ||||
Net Assets — 100.0% | $29,473,980 |
(a) | Portfolio securities are categorized based upon their country of incorporation. For a breakdown of the portfolio securities by sector, please see the Sector Allocation table. |
(b) | Securities are issued in U.S. dollars unless otherwise indicated in the security description. |
(c) | 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 July 31, 2024, securities noted as such are valued at $24,129,643 or 81.9% 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. |
(d) | 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. |
(e) | Non-income producing security. |
(f) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act. |
(g) | 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. |
(h) | This security’s value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section). |
(i) | Rate shown reflects yield as of July 31, 2024. |
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Forward Foreign Currency Contracts at July 31, 2024:
Settlement Date | Counterparty | Amount Purchased | Amount Sold | Purchase Value as of 7/31/2024 | Sale Value as of 7/31/2024 | Unrealized Appreciation (Depreciation) | ||
08/30/2024 | SG | USD | 3,019,812 | TWD | 99,000,000 | $3,019,812 | $3,022,347 | $(2,535 ) |
Abbreviations throughout the Portfolio of Investments: | |
ADR | – American Depositary Receipt |
BRL | – Brazilian Real |
CLP | – Chilean Peso |
EUR | – Euro |
HKD | – Hong Kong Dollar |
IDR | – Indonesian Rupiah |
ILS | – Israeli Shekel |
INR | – Indian Rupee |
KRW | – South Korean Won |
MXN | – Mexican Peso |
MYR | – Malaysian Ringgit |
PHP | – Philippine Peso |
PLN | – Polish Zloty |
RUB | – Russian Ruble |
SAR | – Saudi Riyal |
SG | – Societe Generale |
SGD | – Singapore Dollar |
TRY | – Turkish Lira |
TWD | – New Taiwan Dollar |
USD | – United States Dollar |
ZAR | – South African Rand |
Sector Allocation | % of Total Long-Term Investments |
Information Technology | 30.0% |
Financials | 18.1 |
Industrials | 10.0 |
Consumer Discretionary | 9.0 |
Materials | 7.7 |
Energy | 5.7 |
Communication Services | 5.4 |
Consumer Staples | 5.3 |
Utilities | 3.9 |
Health Care | 3.6 |
Real Estate | 1.3 |
Total | 100.0% |
Currency Exposure Diversification | % of Total Investments‡ |
INR | 24.5% |
TWD | 24.2 |
HKD | 12.4 |
KRW | 10.5 |
BRL | 6.5 |
USD | 5.1 |
CLP | 2.3 |
PLN | 2.0 |
MYR | 2.0 |
ZAR | 1.9 |
EUR | 1.4 |
PHP | 1.4 |
SAR | 1.3 |
TRY | 1.3 |
ILS | 1.1 |
IDR | 0.8 |
MXN | 0.7 |
SGD | 0.6 |
RUB | 0.0‡‡ |
Total | 100.0% |
‡ | The weightings include the impact of currency forwards. |
‡‡ | Investments are valued at $0. |
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)Portfolio of Investments (Continued)July 31, 2024 (Unaudited)
Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of July 31, 2024 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE | ||||
Total Value at 7/31/2024 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Common Stocks: | ||||
Brazil | $ 2,632,084 | $ 2,632,084 | $ — | $ — |
Cayman Islands | 2,871,018 | 31,063 | 2,839,955 | — |
Chile | 807,761 | 807,761 | — | — |
Indonesia | 241,001 | 241,001 | — | — |
Malaysia | 587,013 | 103,482 | 483,531 | — |
Mexico | 218,252 | 218,252 | — | — |
Philippines | 416,890 | 416,890 | — | — |
Russia | —** | — | — | —** |
South Africa | 552,966 | 200,341 | 352,625 | — |
Taiwan | 7,425,234 | 418,977 | 7,006,257 | — |
Turkey | 384,850 | 262,643 | 122,207 | — |
Other Country Categories* | 13,325,068 | — | 13,325,068 | — |
Money Market Funds | 242,547 | 242,547 | — | — |
Total Investments | $29,704,684 | $5,575,041 | $24,129,643 | $—** |
LIABILITIES TABLE | ||||
Total Value at 7/31/2024 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Forward Foreign Currency Contracts | $ (2,535) | $ — | $ (2,535) | $ — |
* | See Portfolio of Investments for country breakout. |
** | Investments are valued at $0. |
Level 3 investments are fair valued by the Advisor’s Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.
First Trust Exchange-Traded Fund IIIAdditional InformationJuly 31, 2024 (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:
• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.
• 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.)
• 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.