First Trust Emerging Markets Local Currency Bond ETF (FEMB)
Holdings of the Fund as of 1/29/2026

Total Number of Holdings (excluding cash): 58

Security Name Identifier CUSIP Shares / Quantity Market Value Weighting Descending sort
MALAYSIA GOVERNMENT N/C, 2.632%, due 04/15/2031 BMD9C89 65,154,000 $16,033,330.05 4.67%
REPUBLIC OF SOUTH AFRICA N/C, 8.25%, due 03/31/2032 BP4JP79 218,215,000 $14,287,672.25 4.16%
POLAND GOVERNMENT BOND N/C, 6%, due 10/25/2033 BPWCC24 40,414,000 $12,370,230.62 3.60%
INDONESIA GOVERNMENT N/C, 8.375%, due 03/15/2034 Y39814JF9 176,003,000,000 $11,886,010.60 3.46%
INDONESIA GOVERNMENT N/C, 7%, due 09/15/2030 BK5HHR1 187,529,000,000 $11,797,449.39 3.44%
US Dollar $USD 11,675,065 $11,675,064.58 3.40%
INDONESIA GOVERNMENT N/C, 9%, due 03/15/2029 BDZCRY4 174,586,000,000 $11,523,915.96 3.36%
MEX BONOS DESARR FIX RT N/C, 8.50%, due 05/31/2029 P9767G6N6 1,885,800 $11,105,042.56 3.23%
BONOS TESORERIA PESOS N/C, 4.70%, due 09/01/2030 BG7P9X5 9,545,000,000 $10,991,536.71 3.20%
INDONESIA GOVERNMENT N/C, 8.25%, due 05/15/2036 BYPGH98 159,863,000,000 $10,887,629.48 3.17%
REPUBLIC OF SOUTH AFRICA N/C, 8.875%, due 02/28/2035 BYY9RY3 161,336,000 $10,840,563.35 3.16%
INTL BK RECON & DEVELOP N/C, 6.71%, due 01/21/2035 U4586H2G7 1,032,500,000 $10,826,586.66 3.15%
NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2029 BF4LY56 57,300 $10,380,873.79 3.02%
BONOS DE TESORERIA N/C, 6.90%, due 08/12/2037 P87324BF8 29,889,000 $9,395,422.47 2.74%
TITULOS DE TESORERIA N/C, 7%, due 06/30/2032 BD446H7 45,440,000,000 $9,412,639.30 2.74%
INTER-AMERICAN DEVEL BK N/C, 7.35%, due 10/06/2030 U4582NMK7 797,000,000 $8,750,238.12 2.55%
INDIA GOVERNMENT BOND N/C, 6.10%, due 07/12/2031 BNLYQW5 802,000,000 $8,557,430.23 2.49%
THAILAND GOVERNMENT BOND N/C, 3.39%, due 06/17/2037 BPVGVM0 221,950,000 $8,050,516.51 2.34%
HUNGARY GOVERNMENT BOND N/C, 7%, due 10/24/2035 X51627P88 2,383,000,000 $7,727,920.84 2.25%
INDIA GOVERNMENT BOND N/C, 7.18%, due 07/24/2037 Y2R3MBYE9 698,820,000 $7,735,780.52 2.25%
MEX BONOS DESARR FIX RT N/C, 7.50%, due 05/26/2033 BQXQSG8 1,387,200 $7,584,775.32 2.21%
THAILAND GOVERNMENT BOND N/C, 3.35%, due 06/17/2033 BLFGTJ1 209,120,000 $7,487,340.44 2.18%
ROMANIA GOVERNMENT BOND N/C, 6.70%, due 02/25/2032 BMCN431 30,115,000 $7,157,825.94 2.08%
NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2035 P8T60NQG9 44,000 $7,095,867.42 2.07%
NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2031 BK6FNL0 36,700 $6,328,664.81 1.84%
MALAYSIA GOVERNMENT N/C, 4.642%, due 11/07/2033 BF16186 22,653,000 $6,209,686.93 1.81%
MEX BONOS DESARR FIX RT N/C, 8.50%, due 11/18/2038 P6625CAM0 105,180,000 $5,836,456.97 1.70%
REPUBLIC OF SOUTH AFRICA N/C, 8.75%, due 01/31/2044 BPXR8C0 92,580,000 $5,806,821.87 1.69%
MALAYSIA GOVERNMENT N/C, 4.498%, due 04/15/2030 Y557773V9 21,309,000 $5,683,644.69 1.66%
REPUBLIC OF PHILIPPINES N/C, 6.25%, due 01/14/2036 718286BM8 331,000,000 $5,586,383.29 1.63%
NOTA DO TESOURO NACIONAL N/C, 10%, due 01/01/2033 BNT8674 33,500 $5,543,756.88 1.61%
MALAYSIA GOVERNMENT N/C, 3.885%, due 08/15/2029 BDVLNF8 19,540,000 $5,093,302.89 1.48%
CZECH REPUBLIC N/C, 5%, due 09/30/2030 BM9HZJ9 96,430,000 $5,004,283.45 1.46%
TURKIYE GOVERNMENT BOND N/C, 26.20%, due 10/05/2033 M8T85T8U9 187,150,000 $4,103,598.21 1.20%
CZECH REPUBLIC N/C, 3.50%, due 05/30/2035 BMYRRT8 82,050,000 $3,795,953.16 1.11%
POLAND GOVERNMENT BOND N/C, 1.75%, due 04/25/2032 BMD24S2 15,109,000 $3,652,217.65 1.06%
HUNGARY GOVERNMENT BOND N/C, 6.75%, due 10/22/2028 X9379QRH5 1,130,000,000 $3,610,029.58 1.05%
ROMANIA GOVERNMENT BOND N/C, 8.75%, due 10/30/2028 BQQ9K35 13,320,000 $3,330,827.19 0.97%
INDONESIA GOVERNMENT N/C, 8.375%, due 09/15/2026 Y20721AS8 51,993,000,000 $3,183,531.39 0.93%
TITULOS DE TESORERIA N/C, 9.25%, due 05/28/2042 BNGJFM8 12,650,000,000 $2,693,834.52 0.78%
TITULOS DE TESORERIA N/C, 7.25%, due 10/18/2034 BHPGGV4 12,938,000,000 $2,568,596.12 0.75%
Colombian Peso $COP 8,899,024,890 $2,435,346.74 0.71%
EUROPEAN BK RECON & DEV N/C, 6.30%, due 10/26/2027 BP4DN55 186,000,000 $2,005,177.79 0.58%
TITULOS DE TESORERIA N/C, 7.75%, due 09/18/2030 BVFPYD7 8,150,000,000 $1,849,996.42 0.54%
ROMANIA GOVERNMENT BOND N/C, 4.75%, due 10/11/2034 BLKQJX0 8,600,000 $1,776,436.64 0.52%
ASIAN DEVELOPMENT BANK N/C, 6.20%, due 10/06/2026 BYVQYB3 162,020,000 $1,759,330.14 0.51%
REPUBLIC OF SOUTH AFRICA N/C, 10.50%, due 12/21/2027 BV3PLM7 25,526,666 $1,718,236.22 0.50%
MALAYSIA GOVERNMENT 4.762%, due 04/07/2037 BYQJ0V9 5,936,000 $1,662,127.48 0.48%
REPUBLIC OF SOUTH AFRICA N/C, 10.50%, due 12/21/2026 BV3PLJ4 25,526,667 $1,664,497.66 0.48%
TURKIYE GOVERNMENT BOND N/C, 31.08%, due 11/08/2028 M8T85VCB1 62,000,000 $1,437,757.60 0.42%
INTL FINANCE CORP 0%, due 02/22/2038 BDRTCZ9 62,500,000 $1,209,989.12 0.35%
AFRICAN DEVELOPMENT BANK N/C, 0%, due 04/05/2046 BK8T4L7 100,000,000 $1,180,220.83 0.34%
CZECH REPUBLIC N/C, 1.50%, due 04/24/2040 BMFY8K6 23,700,000 $785,876.84 0.23%
INTL BK RECON & DEVELOP N/C, 6.75%, due 07/13/2029 U4586HVM2 62,000,000 $669,006.87 0.19%
ISRAEL FIXED BOND N/C, 3.75%, due 02/28/2029 BMWJJP6 1,850,000 $603,793.31 0.18%
BONOS DE TESORERIA N/C, 6.95%, due 08/12/2031 P87324BH4 1,400,000 $469,676.82 0.14%
BONOS TESORERIA PESOS N/C, 4.50%, due 03/01/2026 BWWC438 325,000,000 $377,775.97 0.11%
POLAND GOVERNMENT BOND N/C, 7.50%, due 07/25/2028 BP4X3Y4 1,016,000 $315,320.42 0.09%
TURKEY GOVERNMENT BOND N/C, 10.60%, due 02/11/2026 BDGP106 11,800,000 $270,046.10 0.08%
ISRAEL FIXED BOND N/C, 6.25%, due 10/30/2026 M8489CJQ6 500,000 $165,126.04 0.05%
Brazilian Real $BRL 300,000 $57,806.81 0.02%
Czech Koruna $CZK 1,194,956 $58,829.76 0.02%
Indian Rupee $INR 5,244,452 $57,032.00 0.02%
New Turkish Lira $TRY 3,147,933 $72,534.18 0.02%
Romanian New Leu $RON 77,773 $18,261.75 0.01%
Euro $EUR 5,602 $6,706.04 0.00%
South African Rand $ZAR -3,368 ($213.99) 0.00%
Thai Baht $THB 207,058 $6,628.39 0.00%
Yuan Renminbi $CNY 235 $33.74 0.00%
Zloty $PLN 46,032 $13,103.70 0.00%
Nuevo Sol $PEN -2,861,809 ($855,573.86) -0.25%
Currency Forward Positions
Trading Currency Ascending sort Notional Exposure (Local Currency) Notional Exposure (USD) Gain/Loss
USD->BRL 02-20-2026 88,525,000.00 BRL ($16,415,993.50) ($565,600.44)
USD->CLP 02-20-2026 760,000,000.00 CLP ($856,453.83) ($26,843.25)
USD->CNH 02-24-2026 21,050,000.00 CNH ($3,028,575.17) ($5,237.15)
USD->COP 02-20-2026 6,070,000,000.00 COP ($1,624,608.36) ($33,849.18)
USD->CZK 02-20-2026 59,300,000.00 CZK ($2,881,745.05) ($36,577.12)
USD->HUF 02-20-2026 930,000,000.00 HUF ($2,797,063.99) ($124,150.64)
USD->IDR 02-20-2026 -242,300,000,000.00 IDR $14,335,641.96 $128,214.24
USD->ILS 02-20-2026 -12,950,000.00 ILS $4,101,212.22 $94,655.70
USD->INR 02-20-2026 -435,000,000.00 INR $4,798,765.32 ($74,724.05)
USD->KRW 02-20-2026 20,850,000,000.00 KRW ($14,249,562.56) ($382,404.49)
USD->MXN 02-20-2026 181,913,000.00 MXN ($10,271,706.20) ($270,419.16)
USD->PEN 02-20-2026 8,300,000.00 PEN ($2,469,870.55) ($11,825.38)
USD->PHP 02-20-2026 406,200,000.00 PHP ($6,853,765.92) ($33,206.48)
USD->PLN 02-20-2026 -2,950,000.00 PLN $792,103.23 $47,272.04
USD->RON 02-20-2026 2,400,000.00 RON ($547,685.12) ($15,082.04)
USD->THB 02-20-2026 163,550,000.00 THB ($5,237,790.23) ($14,851.88)
USD->TRY 02-20-2026 534,000,000.00 TRY ($12,082,199.02) ($25,732.49)
USD->ZAR 02-20-2026 44,800,000.00 ZAR ($2,694,771.44) ($147,895.27)
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.