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First Trust Managed Futures Strategy Fund (FMF)
Holdings of the Fund as of 12/9/2025

Futures **
Security Name Identifier Classification Shares /
Contracts
Notional Value Weighting*** Descending sort
BRAZIL REAL FUT Jan26 BRF6 Financial - Currency 1,633.0000 $29,875,735.00 14.01%
3 MONTH SOFR FUT Mar27 SFRH7 Financial - Interest Rates 87.0000 $21,048,562.50 9.87%
US 2YR NOTE (CBT) Mar26 TUH6 Financial - Interest Rates 97.0000 $20,207,070.26 9.48%
MEXICAN PESO FUT Mar26 PEH6 Financial - Currency 636.0000 $17,305,560.00 8.11%
US 5YR NOTE (CBT) Mar26 FVH6 Financial - Interest Rates 136.0000 $14,814,437.57 6.95%
IBEX 35 INDX FUTR Dec25 IBZ5 Financial - Equity Index 75.0000 $14,603,578.03 6.85%
CBOE VIX FUTURE Mar26 UXH6 Financial - Equity Index 550.0000 $11,432,355.00 5.36%
CAN 10YR BOND FUT Mar26 CNH6 Financial - Interest Rates 129.0000 $11,182,322.56 5.24%
US LONG BOND(CBT) Mar26 USH6 Financial - Interest Rates 86.0000 $9,906,125.00 4.65%
SOYBEAN FUTURE Mar26 S H6 Agricultural 177.0000 $9,719,512.50 4.56%
LME ZINC FUTURE Mar26 LXH6 Industrial Metals 125.0000 $9,653,906.25 4.53%
US 10YR NOTE (CBT)Mar26 TYH6 Financial - Interest Rates 80.0000 $8,967,500.00 4.21%
AUDUSD Crncy Fut Mar26 ADH6 Financial - Currency 135.0000 $8,964,000.00 4.20%
GOLD 100 OZ FUTR Feb26 GCG6 Precious Metals 21.0000 $8,896,020.00 4.17%
FTSE/MIB IDX FUT Dec25 STZ5 Financial - Equity Index 34.0000 $8,617,902.75 4.04%
COFFEE 'C' FUTURE Mar26 KCH6 Agricultural 62.0000 $8,573,437.50 4.02%
Low Su Gasoil G Jan26 QSF6 Energy 130.0000 $8,381,750.00 3.93%
FTSE 100 IDX FUT Dec25 Z Z5 Financial - Equity Index 62.0000 $7,965,953.43 3.74%
S&P/TSX 60 IX FUT Dec25 PTZ5 Financial - Equity Index 30.0000 $7,933,726.47 3.72%
NY Harb ULSD Fut Feb26 HOG6 Energy 84.0000 $7,920,712.80 3.71%
LME PRI ALUM FUTR Mar26 LAH26 Industrial Metals 109.0000 $7,791,756.00 3.65%
CAC40 10 EURO FUT Dec25 CFZ5 Financial - Equity Index 67.0000 $6,277,622.43 2.94%
EURO STOXX 50 Dec25 VGZ5 Financial - Equity Index 94.0000 $6,258,141.46 2.93%
SILVER FUTURE Mar26 SIH6 Precious Metals 20.0000 $6,084,000.00 2.85%
EURO-BOBL FUTURE Mar26 OEH6 Financial - Interest Rates 43.0000 $5,801,027.53 2.72%
GASOLINE RBOB FUT Feb26 XBG6 Energy 77.0000 $5,797,268.40 2.72%
NIKKEI 225 (OSE) Mar26 NKH6 Financial - Equity Index 17.0000 $5,513,691.60 2.59%
TOPIX INDX FUTR Mar26 TPH6 Financial - Equity Index 25.0000 $5,411,421.00 2.54%
MSCI EmgMkt Dec25 MESZ5 Financial - Equity Index 77.0000 $5,313,770.00 2.49%
LONG GILT FUTURE Mar26 G H6 Financial - Interest Rates 36.0000 $4,362,041.81 2.05%
EURO-BUND FUTURE Mar26 RXH6 Financial - Interest Rates 26.0000 $3,855,244.15 1.81%
OMXS30 IND FUTURE Dec25 QCZ5 Financial - Equity Index 113.0000 $3,394,570.42 1.59%
CATTLE FEEDER FUT Mar26 FCH6 Livestock 16.0000 $2,641,200.00 1.24%
DJIA MINI e-CBOT Dec25 DMZ5 Financial - Equity Index 9.0000 $2,142,585.00 1.00%
SPI 200 FUTURES Dec25 XPZ5 Financial - Equity Index 10.0000 $1,425,830.48 0.67%
E-Mini Russ 2000 Dec25 RTYZ5 Financial - Equity Index 11.0000 $1,391,170.00 0.65%
LIVE CATTLE FUTR Feb26 LCG6 Livestock 10.0000 $907,800.00 0.43%
S&P500 EMINI FUT Dec25 ESZ5 Financial - Equity Index 2.0000 $684,825.00 0.32%
S&P MID 400 EMINI Dec25 FAZ5 Financial - Equity Index -3.0000 ($990,870.00) -0.46%
NASDAQ 100 E-MINI Dec25 NQZ5 Financial - Equity Index -2.0000 ($1,027,990.00) -0.48%
LEAN HOGS FUTURE Feb26 LHG6 Livestock -54.0000 ($1,768,500.00) -0.83%
BP CURRENCY FUT Mar26 BPH6 Financial - Currency -28.0000 ($2,327,500.00) -1.09%
CANOLA FUTR (WCE) Mar26 RSH6 Agricultural -263.0000 ($2,399,037.26) -1.12%
US ULTRA BOND CBT Mar26 WNH6 Financial - Interest Rates -21.0000 ($2,485,218.75) -1.17%
EURO FX CURR FUT Mar26 ECH6 Financial - Currency -19.0000 ($2,775,306.25) -1.30%
DAX Mini Future Dec25 DFWZ5 Financial - Equity Index -24.0000 ($3,375,353.00) -1.58%
LME LEAD FUTURE Mar26 LLH6 Industrial Metals -78.0000 ($3,861,136.50) -1.81%
TTF NAT GAS F Feb26 TZTG6 Energy -235.0000 ($5,040,542.79) -2.13%
CORN FUTURE Mar26 C H6 Agricultural -231.0000 ($5,174,400.00) -2.43%
CHF CURRENCY FUT Mar26 SFH6 Financial - Currency -34.0000 ($5,330,137.50) -2.50%
CBOE VIX FUTURE Jan26 UXF6 Financial - Equity Index -278.0000 ($5,420,972.20) -2.54%
COCOA FUTURE Mar26 CCH6 Agricultural -105.0000 ($6,176,100.00) -2.90%
LME NICKEL FUTURE Mar26 LNH6 Industrial Metals -76.0000 ($6,725,808.48) -3.15%
SUGAR #11 (WORLD) Mar26 SBH6 Agricultural -420.0000 ($6,900,768.00) -3.24%
WTI CRUDE FUTURE Feb26 CLG6 Energy -151.0000 ($8,770,080.00) -4.11%
WHEAT FUTURE(CBT) Mar26 W H6 Agricultural -339.0000 ($9,059,775.00) -4.25%
KC HRW WHEAT FUT Mar26 KWH6 Agricultural -458.0000 ($12,068,300.00) -5.66%
NEW ZEALAND $ FUT Mar26 NVH6 Financial - Currency -258.0000 ($14,967,870.00) -7.02%
COTTON NO.2 FUTR Mar26 CTH6 Agricultural -532.0000 ($16,986,760.00) -7.97%
JPN YEN CURR FUT Mar26 JYH6 Financial - Currency -298.0000 ($23,966,650.00) -11.24%
C$ CURRENCY FUT Mar26 CDH6 Financial - Currency -461.0000 ($33,443,245.00) -15.68%
JPN 10Y BOND(OSE) Mar26 JBH6 Financial - Interest Rates -41.0000 ($34,835,322.00) -16.34%
EURO-SCHATZ FUT Mar26 DUH6 Financial - Interest Rates -339.0000 ($42,066,079.81) -19.73%
Cash and Collateral
Security Name Identifier CUSIP Shares / Quantity Notional Value Weighting Descending sort
US Dollar $USD 120,065,905 $120,065,904.62 56.30%
U.S. Treasury Note, 0.75%, due 03/31/2026 91282CBT7 31,000,000 $30,724,348.62 14.41%
U.S. Treasury Bill, 0%, due 01/13/2026 912797SF5 20,000,000 $19,931,901.80 9.35%
U.S. Treasury Bill, 0%, due 12/11/2025 912797QY6 15,000,000 $14,998,443.75 7.03%
U.S. Treasury Bill, 0%, due 02/12/2026 912797RT6 11,000,000 $10,929,502.21 5.13%
U.S. Treasury Bill, 0%, due 01/22/2026 912797PD3 8,000,000 $7,965,166.00 3.74%
U.S. Treasury Note, 0.875%, due 06/30/2026 91282CCJ8 7,000,000 $6,891,639.93 3.23%
Japanese Yen $JPY 505,400,615 $3,220,958.61 1.51%
Euro $EUR 28,001 $32,559.18 0.02%
Pound Sterling $GBP -44,179 ($58,776.05) -0.03%
Swiss Franc $CHF -89,807 ($111,409.18) -0.05%
Canadian Dollar $CAD -288,023 ($207,988.97) -0.10%
Swedish Krona $SEK -3,596,789 ($383,985.12) -0.18%
Australian Dollar $AUD -1,119,971 ($743,661.02) -0.35%
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.

** The futures investments are held indirectly through the FT Cayman Subsidiary, a wholly-owned subsidiary of the Fund, organized under the laws of the Cayman Islands.

*** The weight represents the fund's aggregate exposure to each futures investment whether the exposure is long or short. Long positions are represented by positive weightings and short positions are represented by negative weightings. See the fund's prospectus and Statement of Additional Information for further details on the fund's investment strategy.


 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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