First Trust Managed Futures Strategy Fund (FMF)
Holdings of the Fund as of 7/18/2025

Futures **
Security Name Identifier Classification Shares /
Contracts
Notional Value Weighting*** Descending sort
MEXICAN PESO FUT Sep25 PEU5 Financial - Currency 585.0000 $15,520,050.00 9.59%
AUDUSD Crncy Fut Sep25 ADU5 Financial - Currency 212.0000 $13,806,500.00 8.53%
BP CURRENCY FUT Sep25 BPU5 Financial - Currency 145.0000 $12,165,500.00 7.51%
US 5YR NOTE (CBT) Sep25 FVU5 Financial - Interest Rates 100.0000 $10,821,875.00 6.68%
NEW ZEALAND $ FUT Sep25 NVU5 Financial - Currency 173.0000 $10,333,290.00 6.38%
C$ CURRENCY FUT Sep25 CDU5 Financial - Currency 135.0000 $9,863,100.00 6.09%
IBEX 35 INDX FUTR Aug25 IBQ5 Financial - Equity Index 53.0000 $8,631,902.90 5.33%
BRAZIL REAL FUT Aug25 BRQ5 Financial - Currency 480.0000 $8,556,000.00 5.28%
Low Su Gasoil G Sep25 QSU5 Energy 117.0000 $8,266,050.00 5.11%
LIVE CATTLE FUTR Oct25 LCV5 Livestock 93.0000 $8,177,490.00 5.05%
US 2YR NOTE (CBT) Sep25 TUU5 Financial - Interest Rates 39.0000 $8,086,101.58 4.99%
3 MONTH SOFR FUT Dec26 SFRZ6 Financial - Interest Rates 33.0000 $7,986,825.00 4.93%
CATTLE FEEDER FUT Aug25 FCQ5 Livestock 45.0000 $7,290,000.00 4.50%
GOLD 100 OZ FUTR Dec25 GCZ5 Precious Metals 21.0000 $7,169,610.00 4.43%
SOYBEAN OIL FUTR Dec25 BOZ5 Agricultural 214.0000 $7,137,756.00 4.41%
SILVER FUTURE Sep25 SIU5 Precious Metals 37.0000 $7,115,840.00 4.40%
EURO FX CURR FUT Sep25 ECU5 Financial - Currency 48.0000 $6,999,900.00 4.32%
FTSE/MIB IDX FUT Sep25 STU5 Financial - Equity Index 29.0000 $6,796,495.14 4.20%
GASOLINE RBOB FUT Sep25 XBU5 Energy 75.0000 $6,660,675.00 4.11%
S&P/TSX 60 IX FUT Sep25 PTU5 Financial - Equity Index 28.0000 $6,636,374.43 4.10%
EURO-SCHATZ FUT Sep25 DUU5 Financial - Interest Rates 53.0000 $6,605,903.57 4.08%
EURO-BOBL FUTURE Sep25 OEU5 Financial - Interest Rates 48.0000 $6,556,763.66 4.05%
NY Harb ULSD Fut Sep25 HOU5 Energy 53.0000 $5,405,395.80 3.34%
FTSE 100 IDX FUT Sep25 Z U5 Financial - Equity Index 43.0000 $5,185,449.98 3.20%
CHF CURRENCY FUT Sep25 SFU5 Financial - Currency 32.0000 $5,025,200.00 3.10%
SPI 200 FUTURES Sep25 XPU5 Financial - Equity Index 34.0000 $4,832,754.91 2.99%
DAX Mini Future Sep25 DFWU5 Financial - Equity Index 34.0000 $4,817,654.10 2.98%
MSCI EmgMkt Sep25 MESU5 Financial - Equity Index 68.0000 $4,260,200.00 2.63%
MSCI EAFE Sep25 MFSU5 Financial - Equity Index 28.0000 $3,698,800.00 2.28%
NIKKEI 225 (OSE) Sep25 NKU5 Financial - Equity Index 13.0000 $3,481,102.17 2.15%
COCOA FUTURE Sep25 CCU5 Agricultural 35.0000 $2,730,000.00 1.69%
COCOA FUTURE Dec25 CCZ5 Agricultural 38.0000 $2,705,980.00 1.67%
TOPIX INDX FUTR Sep25 TPU5 Financial - Equity Index 14.0000 $2,671,653.04 1.65%
LEAN HOGS FUTURE Oct25 LHV5 Livestock 57.0000 $2,066,250.00 1.28%
COPPER FUTURE Sep25 HGU5 Industrial Metals 12.0000 $1,681,350.00 1.04%
CAC40 10 EURO FUT Aug25 CFQ5 Financial - Equity Index 16.0000 $1,456,717.66 0.90%
EURO STOXX 50 Sep25 VGU5 Financial - Equity Index 19.0000 $1,186,506.16 0.73%
TTF NAT GAS F Sep25 TZTU5 Energy 35.0000 $996,840.91 0.60%
COCOA FUTURE Mar26 CCH6 Agricultural 6.0000 $414,300.00 0.26%
NASDAQ 100 E-MINI Sep25 NQU5 Financial - Equity Index -1.0000 ($464,485.00) -0.29%
ECX EMISSION Dec25 MOZ25 Energy -12.0000 ($974,755.84) -0.60%
LME ZINC FUTURE Sep25 LXU5 Industrial Metals -15.0000 ($1,060,023.75) -0.65%
BRENT CRUDE FUTR Oct25 COV5 Energy -39.0000 ($2,667,600.00) -1.65%
EURO-BUND FUTURE Sep25 RXU5 Financial - Interest Rates -20.0000 ($3,011,389.76) -1.86%
DJIA MINI e-CBOT Sep25 DMU5 Financial - Equity Index -15.0000 ($3,340,500.00) -2.06%
S&P500 EMINI FUT Sep25 ESU5 Financial - Equity Index -12.0000 ($3,800,850.00) -2.35%
LONG GILT FUTURE Sep25 G U5 Financial - Interest Rates -38.0000 ($4,644,168.25) -2.87%
SUGAR #11 (WORLD) Oct25 SBV5 Agricultural -262.0000 ($4,935,660.80) -3.05%
LME LEAD FUTURE Sep25 LLU5 Industrial Metals -108.0000 ($5,403,483.00) -3.34%
US LONG BOND(CBT) Sep25 USU5 Financial - Interest Rates -51.0000 ($5,734,312.50) -3.54%
WHEAT FUTURE(CBT) Sep25 W U5 Agricultural -234.0000 ($6,391,125.00) -3.95%
LME NICKEL FUTURE Sep25 LNU5 Industrial Metals -77.0000 ($7,004,520.60) -4.33%
NATURAL GAS FUTR Sep25 NGU25 Energy -206.0000 ($7,413,940.00) -4.58%
CORN FUTURE Dec25 C Z5 Agricultural -411.0000 ($8,790,262.50) -5.43%
COTTON NO.2 FUTR Dec25 CTZ5 Agricultural -293.0000 ($10,061,620.00) -6.21%
US ULTRA BOND CBT Sep25 WNU5 Financial - Interest Rates -93.0000 ($10,697,906.25) -6.61%
SOYBEAN MEAL FUTR Dec25 SMZ5 Agricultural -436.0000 ($12,591,680.00) -7.78%
KC HRW WHEAT FUT Sep25 KWU5 Agricultural -506.0000 ($13,383,700.00) -8.27%
CAN 10YR BOND FUT Sep25 CNU5 Financial - Interest Rates -155.0000 ($13,477,185.21) -8.32%
JPN 10Y BOND(OSE) Sep25 JBU5 Financial - Interest Rates -20.0000 ($18,602,540.00) -11.49%
Cash and Collateral
Security Name Identifier CUSIP Shares / Quantity Notional Value Weighting Descending sort
US Dollar $USD 57,909,481 $57,909,480.84 35.77%
U.S. Treasury Note, 0.75%, due 03/31/2026 91282CBT7 31,000,000 $30,273,798.96 18.70%
U.S. Treasury Bill, 0%, due 09/16/2025 912797QU4 25,000,000 $24,831,493.75 15.34%
U.S. Treasury Note, 0.375%, due 11/30/2025 91282CAZ4 21,000,000 $20,703,244.80 12.79%
U.S. Treasury Note, 0.25%, due 09/30/2025 91282CAM3 12,000,000 $11,904,150.96 7.35%
U.S. Treasury Bill, 0%, due 08/14/2025 912797PN1 11,000,000 $10,969,016.63 6.78%
U.S. Treasury Note, 0.875%, due 06/30/2026 91282CCJ8 7,000,000 $6,792,472.12 4.20%
U.S. Treasury Bill, 0%, due 07/31/2025 912797PG6 2,000,000 $1,997,652.50 1.23%
Japanese Yen $JPY 158,044,279 $1,062,054.16 0.66%
Canadian Dollar $CAD 47,431 $34,542.69 0.02%
Swiss Franc $CHF -89,483 ($111,644.67) -0.07%
Pound Sterling $GBP -217,006 ($291,005.34) -0.18%
Swedish Krona $SEK -4,376,628 ($452,416.07) -0.28%
Australian Dollar $AUD -846,190 ($550,446.69) -0.34%
Euro $EUR -2,733,340 ($3,176,961.04) -1.96%
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.