<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>exhibit5.txt
<DESCRIPTION>BLANKET BOND INSURANCE AGREEMENT
<TEXT>

                        BLANKET BOND INSURANCE AGREEMENT

      THIS AGREEMENT is made as of the 3rd day of July, 2019, by and among
the investment companies listed in Appendix A (collectively referred to herein
as the "Funds"), First Trust Advisors L.P. (the "Advisor") and First Trust
Portfolios L.P. (collectively, with the Advisor and the Funds referred to as the
"Parties").

                                  WITNESSETH:

      WHEREAS, the Parties have agreed to acquire a joint insured policy (the
"Policy") issued by ICI Mutual Insurance Company containing broker's blanket
bond coverage ("Blanket Bond Coverage") which shall cover all Parties;

      WHEREAS, the total amount of the Blanket Bond Coverage under the Policy
will be $33,000,000 ("Bond Amount") based upon the determination of each Fund's
Board of Trustees that such insured Parties should have an amount of coverage,
in the aggregate, of at least $32,250,000 ("Basic Bond Coverage") as provided in
Appendix B;

      WHEREAS, the Parties desire to provide herein for an allocation of the
premiums for the Blanket Bond Coverage and a manner of allocating any loss
proceeds received under the Policy.

         The Parties, therefore, agree that:

      1. Allocation of Blanket Bond Coverage Premium. Each Party shall pay a
proportionate share of the Blanket Bond Coverage annual premium based on the
allocation as set forth in Appendix C.

      2.   Losses.

      (a) General. The Policy is a "claims made" insurance policy and a Policy
Year is the period from October 9th to the next succeeding October 9th (or any
modification of that period as may be agreed by the Parties and the insurer).
The insured loss (including all related expenses) of a Party which relates to a
claim made by that Party relating to a particular Policy Year under the Blanket
Bond Coverage is hereinafter referred to as a "Blanket Bond Loss." Party
includes the trustees and officers of an insured Party and other insured agents
or employees of such a Party.

      (b) Blanket Bond Loss. If only one insured Party incurs a Blanket Bond
Loss relating to a Policy Year, the proceeds of the Blanket Bond Coverage for
that Policy Year will be allocated to that Party. If more than one insured Party
incurs a Blanket Bond Loss relating to a particular Policy Year, the proceeds of
the Blanket Bond Coverage for that Policy Year will first be allocated among
those insured Parties in proportion to their respective premiums paid under
Paragraph 1 hereof for Blanket Bond Coverage. If, for that particular Policy
Year, after initial allocation, there are remaining proceeds of the Blanket Bond
Coverage and there are then insured Parties whose Blanket Bond Losses have not
been paid in full, such proceeds shall be further allocated among such insured
Parties in proportion to their respective premiums paid for such Coverage
(repeating this further allocation procedure as each of such insured Parties is
paid in full, until all proceeds have been allocated). If all Blanket Bond
Losses relating to a particular Policy Year are not paid at the same time, the
insured Parties who claim such Losses for that Policy Year shall make such
provisions as they deem suitable to the particular circumstances (taking into
account the size of any payment received, the size, nature and expected result
of any remaining claims, and all other relevant factors) to permit a later
re-allocation of amounts first paid. In no event shall any insured Party that
incurs a Blanket Bond Loss relating to a Policy Year which equals or exceeds its
Basic Bond Coverage be allocated proceeds of the Blanket Bond Coverage for that
particular Policy Year in an amount less than its Basic Bond Coverage.

      3. Notices. Each Party agrees to give promptly to the insurer all notices
required under the Policy.

      4. Agent. The Advisor is hereby appointed as the agent for all of the
Parties for the purpose of making, adjusting, receiving and enforcing payment of
all claims under the Policy and otherwise dealing with the insurer with respect
to the Policy. All expenses incurred by the Advisor in its capacity as agent for
claims shall be shared by the Parties (including the Advisor) in the same manner
as above provided for the sharing of Losses.

      5. Modification and Termination. This Agreement may be modified or amended
from time to time by mutual written agreement among all of the Parties. It may
be terminated with respect to any one Party by not less than 60 days' written
notice to the other Parties which are still parties to the Agreement. It shall
terminate with respect to any Party as of the date that Party ceases to be an
insured under the Policy; provided that such termination shall not affect that
Party's rights and obligations hereunder with respect to any claims on behalf of
that Party which are paid under the Policy by the insurer after the date the
Party ceases to be an insured under the Policy.

      6. Further Assurances. Each Party agrees to perform such further acts and
execute such further documents as are necessary to effectuate the purposes
hereof.


<PAGE>


      IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed
as of the day and year first above written.

First Trust Energy Income and Growth Fund
First Trust Enhanced Equity Income Fund
First Trust Senior Floating Rate Income Fund II
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
First Trust/Aberdeen Global Opportunity Income Fund
First Trust Mortgage Income Fund
First Trust/Aberdeen Emerging Opportunity Fund
First Trust Specialty Finance and Financial Opportunities Fund
First Trust High Income Long/Short Fund
First Trust Energy Infrastructure Fund
First Trust MLP and Energy Income Fund
First Trust Intermediate Duration Preferred & Income Fund
First Trust New Opportunities MLP & Energy Fund
First Trust Dynamic Europe Equity Income Fund
First Trust Senior Floating Rate 2022 Target Term Fund
First Trust Exchange-Traded Fund
First Trust Exchange-Traded Fund II
First Trust Exchange-Traded Fund III
First Trust Exchange-Traded Fund IV
First Trust Exchange-Traded Fund V
First Trust Exchange-Traded Fund VI
First Trust Exchange-Traded Fund VII
First Trust Exchange-Traded Fund VIII
First Trust Exchange-Traded AlphaDEX(R) Fund
First Trust Exchange-Traded AlphaDEX(R) Fund II
First Trust Series Fund
First Trust Variable Insurance Trust


By /s/ Kristi A. Maher
  -------------------------------------
   Kristi A. Maher, Assistant Secretary


First Trust Advisors L.P.
First Trust Portfolios L.P.


By /s/ Kristi A. Maher
   ---------------------------------------
   Kristi A. Maher, Deputy General Counsel


<PAGE>


                                   APPENDIX A

CLOSED-END FUNDS
   Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
   First Trust Energy Income and Growth Fund
   First Trust Enhanced Equity Income Fund
   First Trust/Aberdeen Global Opportunity Income Fund
   First Trust Mortgage Income Fund
   First Trust/Aberdeen Emerging Opportunity Fund
   First Trust Specialty Finance and Financial Opportunities Fund
   First Trust Senior Floating Rate Income Fund II
   First Trust High Income Long/Short Fund
   First Trust Energy Infrastructure Fund
   First Trust MLP and Energy Income Fund
   First Trust New Opportunities MLP & Energy Fund
   First Trust Senior Floating Rate 2022 Target Term Fund
   First Trust Intermediate Duration Preferred & Income Fund
   First Trust Dynamic Europe Equity Income Fund

EXCHANGE-TRADED FUNDS
First Trust Exchange-Traded Fund
   First Trust Dow Jones Select MicroCap Index Fund
   First Trust Morningstar Dividend Leaders Index Fund
   First Trust US Equity Opportunities ETF
   First Trust NASDAQ-100 Equal Weighted Index Fund
   First Trust NASDAQ-100-Technology Sector Index Fund
   First Trust NYSE Arca Biotechnology Index Fund
   First Trust Dow Jones Internet Index Fund
   First Trust Capital Strength ETF
   First Trust Total US Market AlphaDEX(R) ETF
   First Trust Value Line(R) Dividend Index Fund
   First Trust NASDAQ-100 Ex-Technology Sector Index Fund
   First Trust NASDAQ(R) Clean Edge(R) Green Energy Index Fund
   First Trust S&P REIT Index Fund
   First Trust Chindia ETF
   First Trust Natural Gas ETF
   First Trust Water ETF
   First Trust Value Line(R) 100 Exchange-Traded Fund
   First Trust NASDAQ(R) ABA Community Bank Index Fund
   First Trust Dorsey Wright People's Portfolio ETF
   First Trust Dow 30 Equal Weight ETF
   First Trust Lunt U.S. Factor Rotation ETF

First Trust Exchange-Traded Fund II
   First Trust STOXX(R) European Select Dividend Index Fund
   First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund
   First Trust Dow Jones Global Select Dividend Index Fund
   First Trust Global Wind Energy ETF
   First Trust Global Engineering and Construction ETF
   First Trust NASDAQ(R) Clean Edge(R) Smart Grid Infrastructure Index Fund
   First Trust Indxx Global Natural Resources Income ETF
   First Trust Indxx Global Agriculture ETF
   First Trust BICK Index Fund
   First Trust Indxx NextG ETF
   First Trust NASDAQ Global Auto Index Fund
   First Trust Cloud Computing ETF
   First Trust International Equity Opportunities ETF
   First Trust Nasdaq Cybersecurity ETF
   First Trust IPOX(R) Europe Equity Opportunities ETF
   First Trust Dow Jones International Internet ETF

First Trust Exchange-Traded AlphaDEX(R) Fund
   First Trust Large Cap Core AlphaDEX(R) Fund
   First Trust Mid Cap Core AlphaDEX(R) Fund
   First Trust Small Cap Core AlphaDEX(R) Fund
   First Trust Large Cap Value AlphaDEX(R) Fund
   First Trust Large Cap Growth AlphaDEX(R) Fund
   First Trust Multi Cap Value AlphaDEX(R) Fund
   First Trust Multi Cap Growth AlphaDEX(R) Fund
   First Trust Consumer Discretionary AlphaDEX(R) Fund
   First Trust Consumer Staples AlphaDEX(R) Fund
   First Trust Energy AlphaDEX(R) Fund
   First Trust Financials AlphaDEX(R) Fund
   First Trust Health Care AlphaDEX(R) Fund
   First Trust Industrials/Producer Durables AlphaDEX(R) Fund
   First Trust Materials AlphaDEX(R) Fund
   First Trust Technology AlphaDEX(R) Fund
   First Trust Utilities AlphaDEX(R) Fund
   First Trust Mid Cap Growth AlphaDEX(R) Fund
   First Trust Mid Cap Value AlphaDEX(R) Fund
   First Trust Small Cap Growth AlphaDEX(R) Fund
   First Trust Small Cap Value AlphaDEX(R) Fund
   First Trust Mega Cap AlphaDEX(R) Fund

First Trust Exchange-Traded AlphaDEX(R) Fund II
   First Trust Developed Markets ex-US AlphaDEX(R) Fund
   First Trust Emerging Markets AlphaDEX(R) Fund
   First Trust Asia Pacific ex-Japan AlphaDEX(R) Fund
   First Trust Europe AlphaDEX(R) Fund
   First Trust Latin America AlphaDEX(R) Fund
   First Trust Brazil AlphaDEX(R) Fund
   First Trust China AlphaDEX(R) Fund
   First Trust Japan AlphaDEX(R) Fund
   First Trust South Korea AlphaDEX(R) Fund
   First Trust Germany AlphaDEX(R) Fund
   First Trust Canada AlphaDEX(R) Fund
   First Trust Australia AlphaDEX(R) Fund
   First Trust United Kingdom AlphaDEX(R) Fund
   First Trust India NIFTY 50 Equal Weight ETF
   First Trust Hong Kong AlphaDEX(R) Fund
   First Trust Switzerland AlphaDEX(R) Fund
   First Trust Developed Markets ex-US Small Cap AlphaDEX(R) Fund
   First Trust Emerging Markets Small Cap AlphaDEX(R) Fund
   First Trust Eurozone AlphaDEX(R) ETF

First Trust Exchange-Traded Fund III
   First Trust Preferred Securities and Income ETF
   First Trust Managed Municipal ETF
   First Trust Long/Short Equity ETF
   First Trust Emerging Markets Local Currency Bond ETF
   First Trust RiverFront Dynamic Asia Pacific ETF
   First Trust RiverFront Dynamic Developed International ETF
   First Trust RiverFront Dynamic Europe ETF
   First Trust RiverFront Dynamic Emerging Markets ETF
   First Trust Horizon Managed Volatility Domestic ETF
   First Trust Horizon Managed Volatility Developed International ETF
   First Trust California Municipal High Income ETF
   First Trust Institutional Preferred Securities and Income ETF
   First Trust Municipal High Income ETF
   First Trust Ultra Short Duration Municipal ETF
   First Trust Short Duration Managed Municipal ETF

First Trust Exchange-Traded Fund IV
   First Trust North American Energy Infrastructure Fund
   First Trust Tactical High Yield ETF
   First Trust Senior Loan Fund
   First Trust Enhanced Short Maturity ETF
   First Trust Strategic Income ETF
   First Trust Low Duration Opportunities ETF
   First Trust SSI Strategic Convertible Securities ETF
   First Trust Heitman Global Prime Real Estate ETF
   First Trust Long Duration Opportunities ETF

First Trust Exchange-Traded Fund V
   First Trust Morningstar Managed Futures Strategy Fund

First Trust Exchange-Traded Fund VI
   First Trust NASDAQ Technology Dividend Index Fund
   Multi-Asset Diversified Income Index Fund
   First Trust S&P International Dividend Aristocrats ETF
   First Trust BuyWrite Income ETF
   First Trust Hedged BuyWrite Income ETF
   First Trust Rising Dividend Achievers ETF
   First Trust Dorsey Wright Focus 5 ETF
   First Trust RBA American Industrial Renaissance(R) ETF
   First Trust Dorsey Wright Momentum & Dividend ETF
   First Trust Dorsey Wright International Focus 5 ETF
   First Trust Dorsey Wright Dynamic Focus 5 ETF
   First Trust SMID Cap Rising Dividend Achievers ETF
   First Trust Indxx Innovative Transaction & Process ETF
   First Trust Nasdaq Artificial Intelligence and Robotics ETF
   First Trust Nasdaq Bank ETF
   First Trust Nasdaq Food & Beverage ETF
   First Trust Nasdaq Oil & Gas ETF
   First Trust Nasdaq Pharmaceuticals ETF
   First Trust Nasdaq Retail ETF
   First Trust Nasdaq Semiconductor ETF
   First Trust Nasdaq Transportation ETF
   Developed International Equity Select ETF
   Emerging Markets Equity Select ETF
   Large Cap US Equity Select ETF
   Mid Cap US Equity Select ETF
   Small Cap US Equity Select ETF
   US Equity Dividend Select ETF
   First Trust Dorsey Wright DALI 1 ETF
   First Trust Dorsey Wright Momentum & Value ETF
   First Trust Dorsey Wright Momentum & Low Volatility ETF

First Trust Exchange-Traded Fund VII
   First Trust Global Tactical Commodity Strategy Fund
   First Trust Alternative Absolute Return Strategy ETF

First Trust Exchange-Traded Fund VIII
   First Trust CEF Income Opportunity ETF
   First Trust Municipal CEF Income Opportunity ETF
   First Trust TCW Opportunistic Fixed Income ETF
   EquityCompass Risk Manager ETF
   EquityCompass Tactical Risk Manager ETF
   First Trust TCW Unconstrained Plus Bond ETF
   First Trust Low Duration Strategic Focus ETF

OPEN END FUNDS
First Trust Series Fund
   First Trust Preferred Securities and Income Fund
   First Trust/Confluence Small Cap Value Fund
   First Trust Short Duration High Income Fund

First Trust Variable Insurance Trust
   First Trust/Dow Jones Dividend & Income Allocation Portfolio
   First Trust Multi Income Allocation Portfolio
   First Trust Dorsey Wright Tactical Core Portfolio


<PAGE>


                                   APPENDIX B
<TABLE>
<CAPTION>
<S>                                                                                             <C>
FIRST TRUST CLOSED-END FUNDS
    First Trust Senior Floating Rate Income Fund II                                                $900,000
    First Trust Energy Income and Growth Fund                                                      $900,000
    First Trust Enhanced Equity Income Fund                                                        $750,000
    Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund                   $525,000
    First Trust/Aberdeen Global Opportunity Income Fund                                            $600,000
    First Trust Mortgage Income Fund                                                               $400,000
    First Trust/Aberdeen Emerging Opportunity Fund                                                 $450,000
    First Trust Specialty Finance and Financial Opportunities Fund                                 $525,000
    First Trust High Income Long/Short Fund                                                        $900,000
    First Trust Energy Infrastructure Fund                                                         $750,000
    First Trust MLP and Energy Income Fund                                                       $1,000,000
    First Trust Intermediate Duration Preferred & Income Fund                                    $1,250,000
    First Trust New Opportunities MLP & Energy Fund                                                $750,000
    First Trust Dynamic Europe Equity Income Fund                                                  $750,000
    First Trust Senior Floating Rate 2022 Target Term Fund                                         $900,000
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                       $11,350,000

FIRST TRUST EXCHANGE-TRADED FUND
    First Trust Dow Jones Select MicroCap Index Fund                                                N/A
    First Trust Morningstar Dividend Leaders Index Fund                                             N/A
    First Trust US Equity Opportunities ETF                                                         N/A
    First Trust NASDAQ-100 Equal Weighted Index Fund                                                N/A
    First Trust NASDAQ-100-Technology Sector Index Fund                                             N/A
    First Trust NYSE Arca Biotechnology Index Fund                                                  N/A
    First Trust Dow Jones Internet Index Fund                                                       N/A
    First Trust Capital Strength ETF                                                                N/A
    First Trust Total US Market AlphaDEX(R) ETF                                                     N/A
    First Trust Value Line(R) Dividend Index Fund                                                   N/A
    First Trust NASDAQ-100 Ex-Technology Sector Index Fund                                          N/A
    First Trust NASDAQ(R) Clean Edge(R) Green Energy Index Fund                                     N/A
    First Trust S&P REIT Index Fund                                                                 N/A
    First Trust Water ETF                                                                           N/A
    First Trust Natural Gas ETF                                                                     N/A
    First Trust Chindia ETF                                                                         N/A
    First Trust Value Line(R) 100 Exchange-Traded Fund                                              N/A
    First Trust NASDAQ(R) ABA Community Bank Index Fund                                             N/A
    First Trust Dorsey Wright People's Portfolio ETF                                                N/A
    First Trust Dow 30 Equal Weight ETF                                                             N/A
    First Trust Lunt U.S. Factor Rotation ETF                                                       N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,500,000

FIRST TRUST EXCHANGE-TRADED ALPHADEX(R) FUND
    First Trust Consumer Discretionary AlphaDEX(R) Fund                                             N/A
    First Trust Consumer Staples AlphaDEX(R) Fund                                                   N/A
    First Trust Energy AlphaDEX(R) Fund                                                             N/A
    First Trust Financials AlphaDEX(R) Fund                                                         N/A
    First Trust Health Care AlphaDEX(R) Fund                                                        N/A
    First Trust Industrials/Producer Durables AlphaDEX(R) Fund                                      N/A
    First Trust Materials AlphaDEX(R) Fund                                                          N/A
    First Trust Technology AlphaDEX(R) Fund                                                         N/A
    First Trust Utilities AlphaDEX(R) Fund                                                          N/A
    First Trust Large Cap Core AlphaDEX(R) Fund                                                     N/A
    First Trust Mid Cap Core AlphaDEX(R) Fund                                                       N/A
    First Trust Mid Cap Growth AlphaDEX(R) Fund                                                     N/A
    First Trust Mid Cap Value AlphaDEX(R) Fund                                                      N/A
    First Trust Small Cap Core AlphaDEX(R) Fund                                                     N/A
    First Trust Small Cap Value AlphaDEX(R) Fund                                                    N/A
    First Trust Small Cap Growth AlphaDEX(R) Fund                                                   N/A
    First Trust Large Cap Growth AlphaDEX(R) Fund                                                   N/A
    First Trust Multi Cap Value AlphaDEX(R) Fund                                                    N/A
    First Trust Multi Cap Growth AlphaDEX(R) Fund                                                   N/A
    First Trust Large Cap Value AlphaDEX(R) Fund                                                    N/A
    First Trust Mega Cap AlphaDEX(R) Fund                                                           N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,500,000

FIRST TRUST EXCHANGE-TRADED FUND II
    First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund                           N/A
    First Trust STOXX(R) European Select Dividend Index Fund                                        N/A
    First Trust Dow Jones Global Select Dividend Index Fund                                         N/A
    First Trust Global Wind Energy ETF                                                              N/A
    First Trust Global Engineering and Construction ETF                                             N/A
    First Trust NASDAQ(R) Clean Edge(R) Smart Grid Infrastructure Index Fund                        N/A
    First Trust Indxx Global Natural Resources Income ETF                                           N/A
    First Trust Indxx Global Agriculture ETF                                                        N/A
    First Trust BICK Index Fund                                                                     N/A
    First Trust Cloud Computing ETF                                                                 N/A
    First Trust Indxx NextG ETF                                                                     N/A
    First Trust NASDAQ Global Auto Index Fund                                                       N/A
    First Trust International Equity Opportunities ETF                                              N/A
    First Trust Nasdaq Cybersecurity ETF                                                            N/A
    First Trust IPOX(R) Europe Equity Opportunities ETF                                             N/A
    First Trust Dow Jones International Internet ETF                                                N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,500,000

FIRST TRUST EXCHANGE-TRADED ALPHADEX(R) FUND II
    First Trust Developed Markets ex-US AlphaDEX(R) Fund                                            N/A
    First Trust Emerging Markets AlphaDEX(R) Fund                                                   N/A
    First Trust Asia Pacific ex-Japan AlphaDEX(R) Fund                                              N/A
    First Trust Europe AlphaDEX(R) Fund                                                             N/A
    First Trust Latin America AlphaDEX(R) Fund                                                      N/A
    First Trust Brazil AlphaDEX(R) Fund                                                             N/A
    First Trust China AlphaDEX(R) Fund                                                              N/A
    First Trust Japan AlphaDEX(R) Fund                                                              N/A
    First Trust South Korea AlphaDEX(R) Fund                                                        N/A
    First Trust Germany AlphaDEX(R) Fund                                                            N/A
    First Trust Canada AlphaDEX(R) Fund                                                             N/A
    First Trust Australia AlphaDEX(R) Fund                                                          N/A
    First Trust United Kingdom AlphaDEX(R) Fund                                                     N/A
    First Trust India NIFTY 50 Equal Weight ETF                                                     N/A
    First Trust Hong Kong AlphaDEX(R) Fund                                                          N/A
    First Trust Switzerland AlphaDEX(R) Fund                                                        N/A
    First Trust Emerging Markets Small Cap AlphaDEX(R) Fund                                         N/A
    First Trust Developed Markets ex-US Small Cap AlphaDEX(R) Fund                                  N/A
    First Trust Eurozone AlphaDEX(R) ETF                                                            N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,100,000

FIRST TRUST EXCHANGE-TRADED FUND III
    First Trust Preferred Securities and Income ETF                                                 N/A
    First Trust Managed Municipal ETF                                                               N/A
    First Trust Long/Short Equity ETF                                                               N/A
    First Trust Emerging Markets Local Currency Bond ETF                                            N/A
    First Trust Horizon Managed Volatility Domestic ETF                                             N/A
    First Trust Horizon Managed Volatility Developed International ETF                              N/A
    First Trust RiverFront Dynamic Asia Pacific ETF                                                 N/A
    First Trust RiverFront Dynamic Developed International ETF                                      N/A
    First Trust RiverFront Dynamic Europe ETF                                                       N/A
    First Trust RiverFront Dynamic Emerging Markets ETF                                             N/A
    First Trust California Municipal High Income ETF                                                N/A
    First Trust Institutional Preferred Securities and Income ETF                                   N/A
    First Trust Municipal High Income ETF                                                           N/A
    First Trust Ultra Short Duration Municipal ETF                                                  N/A
    First Trust Short Duration Managed Municipal ETF                                                N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,500,000

FIRST TRUST EXCHANGE-TRADED FUND IV
    First Trust North American Energy Infrastructure Fund                                           N/A
    First Trust Tactical High Yield ETF                                                             N/A
    First Trust Senior Loan Fund                                                                    N/A
    First Trust Enhanced Short Maturity ETF                                                         N/A
    First Trust Strategic Income ETF                                                                N/A
    First Trust Low Duration Opportunities ETF                                                      N/A
    First Trust SSI Strategic Convertible Securities ETF                                            N/A
    First Trust Heitman Global Prime Real Estate ETF                                                N/A
    First Trust Long Duration Opportunities ETF                                                     N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,500,000

FIRST TRUST EXCHANGE-TRADED FUND V
    First Trust Morningstar Managed Futures Strategy Fund                                           N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                          $200,000

FIRST TRUST EXCHANGE-TRADED FUND VI
    Multi-Asset Diversified Income Index Fund                                                       N/A
    First Trust NASDAQ Technology Dividend Index Fund                                               N/A
    First Trust S&P International Dividend Aristocrats ETF                                          N/A
    First Trust BuyWrite Income ETF                                                                 N/A
    First Trust Hedged BuyWrite Income ETF                                                          N/A
    First Trust Rising Dividend Achievers ETF                                                       N/A
    First Trust Dorsey Wright Focus 5 ETF                                                           N/A
    First Trust RBA American Industrial Renaissance(R) ETF                                          N/A
    First Trust Dorsey Wright Momentum & Dividend ETF                                               N/A
    First Trust Dorsey Wright International Focus 5 ETF                                             N/A
    First Trust Dorsey Wright Dynamic Focus 5 ETF                                                   N/A
    First Trust Nasdaq Bank ETF                                                                     N/A
    First Trust Nasdaq Food & Beverage ETF                                                          N/A
    First Trust Nasdaq Oil & Gas ETF                                                                N/A
    First Trust Nasdaq Pharmaceuticals ETF                                                          N/A
    First Trust Nasdaq Retail ETF                                                                   N/A
    First Trust Nasdaq Semiconductor ETF                                                            N/A
    First Trust Nasdaq Transportation ETF                                                           N/A
    Developed International Equity Select ETF                                                       N/A
    Emerging Markets Equity Select ETF                                                              N/A
    Large Cap US Equity Select ETF                                                                  N/A
    Mid Cap US Equity Select ETF                                                                    N/A
    Small Cap US Equity Select ETF                                                                  N/A
    US Equity Dividend Select ETF                                                                   N/A
    First Trust Indxx Innovative Transaction & Process ETF                                          N/A
    First Trust SMID Cap Rising Dividend Achievers ETF                                              N/A
    First Trust Nasdaq Artificial Intelligence and Robotics ETF                                     N/A
    First Trust Dorsey Wright DALI 1 ETF                                                            N/A
    First Trust Dorsey Wright Momentum & Low Volatility ETF                                         N/A
    First Trust Dorsey Wright Momentum & Value ETF                                                  N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $2,500,000

FIRST TRUST EXCHANGE-TRADED FUND VII
    First Trust Global Tactical Commodity Strategy Fund                                             N/A
    First Trust Alternative Absolute Return Strategy ETF                                            N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                          $600,000

FIRST TRUST EXCHANGE-TRADED FUND VIII
    First Trust CEF Income Opportunity ETF                                                          N/A
    First Trust Municipal CEF Income Opportunity ETF                                                N/A
    First Trust TCW Opportunistic Fixed Income ETF                                                  N/A
    EquityCompass Risk Manager ETF                                                                  N/A
    EquityCompass Tactical Risk Manager ETF                                                         N/A
    First Trust TCW Unconstrained Plus Bond ETF                                                     N/A
    First Trust Low Duration Strategic Focus ETF                                                    N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $1,250,000

FIRST TRUST SERIES FUND
    First Trust Preferred Securities and Income Fund                                                N/A
    First Trust/Confluence Small Cap Value Fund                                                     N/A
    First Trust Short Duration High Income Fund                                                     N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                          $750,000

FIRST TRUST VARIABLE INSURANCE TRUST
    First Trust/Dow Jones Dividend & Income Allocation Portfolio                                    N/A
    First Trust Multi Income Allocation Portfolio                                                   N/A
    First Trust Dorsey Wright Tactical Core Portfolio                                               N/A
-------------------------------------------------------------------------------------------- --------------
Sub-Total                                                                                        $1,000,000

    GRAND TOTAL                                                                                 $32,250,000
</TABLE>


<PAGE>


                                   APPENDIX C
<TABLE>
<CAPTION>
<S>                                                                                                <C>
FIRST TRUST VARIABLE INSURANCE TRUST
       First Trust/Dow Jones Dividend & Income Allocation Portfolio                                    $758
       First Trust Multi Income Allocation Portfolio                                                    $20
       First Trust Dorsey Wright Tactical Core Portfolio                                                $37
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                       $815

FIRST TRUST EXCHANGE-TRADED FUND
       First Trust Dow Jones Select MicroCap Index Fund                                                $135
       First Trust Morningstar Dividend Leaders Index Fund                                           $1,343
       First Trust US Equity Opportunities ETF                                                       $1,113
       First Trust NASDAQ-100 Equal Weighted Index Fund                                                $539
       First Trust NASDAQ-100-Technology Sector Index Fund                                           $2,428
       First Trust NYSE Arca Biotechnology Index Fund                                                $2,894
       First Trust Dow Jones Internet Index Fund                                                     $8,840
       First Trust Capital Strength ETF                                                              $1,093
       First Trust Total US Market AlphaDEX(R) ETF                                                      $15
       First Trust Value Line(R) Dividend Index Fund                                                 $4,089
       First Trust NASDAQ-100 Ex-Technology Sector Index Fund                                           $89
       First Trust NASDAQ(R) Clean Edge(R) Green Energy Index Fund                                      $85
       First Trust S&P REIT Index Fund                                                                 $113
       First Trust Chindia ETF                                                                         $300
       First Trust Natural Gas ETF                                                                     $123
       First Trust Water ETF                                                                           $330
       First Trust Value Line(R) 100 Exchange-Traded Fund                                               $48
       First Trust NASDAQ(R) ABA Community Bank Index Fund                                             $356
       First Trust Dorsey Wright People's Portfolio ETF                                                 $35
       First Trust Dow 30 Equal Weight ETF                                                               $5
       First Trust Lunt U.S. Factor Rotation ETF                                                        $29
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                    $24,002

FIRST TRUST EXCHANGE-TRADED FUND II
       First Trust STOXX(R) European Select Dividend Index Fund                                        $422
       First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund                            $42
       First Trust Dow Jones Global Select Dividend Index Fund                                         $449
       First Trust Global Wind Energy ETF                                                               $74
       First Trust Global Engineering and Construction ETF                                              $13
       First Trust NASDAQ(R) Clean Edge(R) Smart Grid Infrastructure Index Fund                         $31
       First Trust Indxx Global Natural Resources Income ETF                                             $8
       First Trust Indxx Global Agriculture ETF                                                          $5
       First Trust BICK Index Fund                                                                     $177
       First Trust Indxx NextG ETF                                                                      $16
       First Trust NASDAQ Global Auto Index Fund                                                        $17
       First Trust Cloud Computing ETF                                                               $1,916
       First Trust International Equity Opportunities ETF                                               $24
       First Trust Nasdaq Cybersecurity ETF                                                            $786
       First Trust IPOX(R) Europe Equity Opportunities ETF                                               $0
       First Trust Dow Jones International Internet ETF                                                  $0
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                     $3,980

FIRST TRUST EXCHANGE-TRADED ALPHADEX(R) FUND
       First Trust Large Cap Core AlphaDEX(R) Fund                                                   $1,470
       First Trust Mid Cap Core AlphaDEX(R) Fund                                                       $889
       First Trust Small Cap Core AlphaDEX(R) Fund                                                     $725
       First Trust Large Cap Value AlphaDEX(R) Fund                                                  $1,092
       First Trust Large Cap Growth AlphaDEX(R) Fund                                                   $916
       First Trust Multi Cap Value AlphaDEX(R) Fund                                                     $85
       First Trust Multi Cap Growth AlphaDEX(R) Fund                                                   $203
       First Trust Consumer Discretionary AlphaDEX(R) Fund                                             $379
       First Trust Consumer Staples AlphaDEX(R) Fund                                                   $333
       First Trust Energy AlphaDEX(R) Fund                                                             $424
       First Trust Financials AlphaDEX(R) Fund                                                       $1,158
       First Trust Health Care AlphaDEX(R) Fund                                                      $1,223
       First Trust Industrials/Producer Durables AlphaDEX(R) Fund                                    $1,590
       First Trust Materials AlphaDEX(R) Fund                                                          $248
       First Trust Technology AlphaDEX(R) Fund                                                       $2,134
       First Trust Utilities AlphaDEX(R) Fund                                                          $299
       First Trust Mid Cap Growth AlphaDEX(R) Fund                                                     $240
       First Trust Mid Cap Value AlphaDEX(R) Fund                                                       $46
       First Trust Small Cap Growth AlphaDEX(R) Fund                                                   $445
       First Trust Small Cap Value AlphaDEX(R) Fund                                                     $67
       First Trust Mega Cap AlphaDEX(R) Fund                                                            $16
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                    $13,982

FIRST TRUST EXCHANGE-TRADED ALPHADEX(R) FUND II
       First Trust Developed Markets ex-US AlphaDEX(R) Fund                                          $1,136
       First Trust Emerging Markets AlphaDEX(R) Fund                                                   $491
       First Trust Asia Pacific ex-Japan AlphaDEX(R) Fund                                               $38
       First Trust Europe AlphaDEX(R) Fund                                                             $805
       First Trust Latin America AlphaDEX(R) Fund                                                       $20
       First Trust Brazil AlphaDEX(R) Fund                                                               $7
       First Trust China AlphaDEX(R) Fund                                                                $9
       First Trust Japan AlphaDEX(R) Fund                                                              $163
       First Trust South Korea AlphaDEX(R) Fund                                                          $2
       First Trust Germany AlphaDEX(R) Fund                                                            $200
       First Trust Canada AlphaDEX(R) Fund                                                              $16
       First Trust Australia AlphaDEX(R) Fund                                                            $2
       First Trust United Kingdom AlphaDEX(R) Fund                                                       $9
       First Trust India NIFTY 50 Equal Weight ETF                                                       $3
       First Trust Hong Kong AlphaDEX(R) Fund                                                            $3
       First Trust Switzerland AlphaDEX(R) Fund                                                        $207
       First Trust Developed Markets ex-US Small Cap AlphaDEX(R) Fund                                   $14
       First Trust Emerging Markets Small Cap AlphaDEX(R) Fund                                         $188
       First Trust Eurozone AlphaDEX(R) ETF                                                             $87
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                     $3,400

FIRST TRUST OPEN-END FUNDS
       First Trust Preferred Securities and Income Fund                                                $233
       First Trust/Confluence Small Cap Value Fund                                                      $22
       First Trust Short Duration High Income Fund                                                     $214
       First Trust AQA(R) Equity Fund                                                                   $47
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                       $516

FIRST TRUST EXCHANGE-TRADED FUND III
       First Trust Preferred Securities and Income ETF                                               $3,290
       First Trust Managed Municipal ETF                                                               $416
       First Trust Long/Short Equity ETF                                                               $156
       First Trust Emerging Markets Local Currency Bond ETF                                             $54
       First Trust RiverFront Dynamic Asia Pacific ETF                                                  $53
       First Trust RiverFront Dynamic Developed International ETF                                      $542
       First Trust RiverFront Dynamic Europe ETF                                                       $112
       First Trust RiverFront Dynamic Emerging Markets ETF                                             $104
       First Trust Horizon Managed Volatility Domestic ETF                                             $137
       First Trust Horizon Managed Volatility Developed International ETF                               $56
       First Trust California Municipal High Income ETF                                                 $18
       First Trust Institutional Preferred Securities and Income ETF                                    $84
       First Trust Municipal High Income ETF                                                            $28
       First Trust Ultra Short Duration Municipal ETF                                                    $0
       First Trust Short Duration Managed Municipal ETF                                                  $0
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                     $5,050

FIRST TRUST EXCHANGE-TRADED FUND IV
       First Trust North American Energy Infrastructure Fund                                         $2,108
       First Trust Tactical High Yield ETF                                                           $1,155
       First Trust Senior Loan Fund                                                                  $1,708
       First Trust Enhanced Short Maturity ETF                                                       $2,464
       First Trust Strategic Income ETF                                                                 $77
       First Trust Low Duration Opportunities ETF                                                    $1,537
       First Trust SSI Strategic Convertible Securities ETF                                            $174
       First Trust Heitman Global Prime Real Estate ETF                                                  $2
       First Trust Long Duration Opportunities ETF                                                       $0
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                     $9,225

FIRST TRUST EXCHANGE-TRADED FUND V
       First Trust Morningstar Managed Futures Strategy Fund                                            $14
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                        $14

FIRST TRUST EXCHANGE-TRADED FUND VI
       First Trust NASDAQ Technology Dividend Index Fund                                               $879
       Multi-Asset Diversified Income Index Fund                                                       $634
       First Trust S&P International Dividend Aristocrats ETF                                           $13
       First Trust BuyWrite Income ETF                                                                  $62
       First Trust Hedged BuyWrite Income ETF                                                           $13
       First Trust Rising Dividend Achievers ETF                                                       $639
       First Trust Dorsey Wright Focus 5 ETF                                                         $2,650
       First Trust RBA American Industrial Renaissance(R) ETF                                          $181
       First Trust Dorsey Wright Momentum & Dividend ETF                                                $34
       First Trust Dorsey Wright International Focus 5 ETF                                             $719
       First Trust Dorsey Wright Dynamic Focus 5 ETF                                                   $703
       First Trust SMID Cap Rising Dividend Achievers ETF                                                $4
       First Trust Indxx Innovative Transaction & Process ETF                                           $46
       First Trust Nasdaq Artificial Intelligence and Robotics ETF                                      $30
       First Trust Nasdaq Bank ETF                                                                   $1,032
       First Trust Nasdaq Food & Beverage ETF                                                            $1
       First Trust Nasdaq Oil & Gas ETF                                                                 $21
       First Trust Nasdaq Pharmaceuticals ETF                                                            $3
       First Trust Nasdaq Retail ETF                                                                     $2
       First Trust Nasdaq Semiconductor ETF                                                             $30
       First Trust Nasdaq Transportation ETF                                                             $2
       Developed International Equity Select ETF                                                        $26
       Emerging Markets Equity Select ETF                                                                $5
       Large Cap US Equity Select ETF                                                                   $19
       Mid Cap US Equity Select ETF                                                                      $8
       Small Cap US Equity Select ETF                                                                    $4
       US Equity Dividend Select ETF                                                                     $4
       First Trust Dorsey Wright DALI 1 ETF                                                             $46
       First Trust Dorsey Wright Momentum & Value ETF                                                   $13
       First Trust Dorsey Wright Momentum & Low Volatility ETF                                          $12
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                     $7,835

FIRST TRUST EXCHANGE-TRADED FUND VII
       First Trust Global Tactical Commodity Strategy Fund                                             $206
       First Trust Alternative Absolute Return Strategy ETF                                             $19
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                       $225

FIRST TRUST EXCHANGE-TRADED FUND VIII
       First Trust CEF Income Opportunity ETF                                                           $42
       First Trust Municipal CEF Income Opportunity ETF                                                 $12
       First Trust TCW Opportunistic Fixed Income ETF                                                  $299
       EquityCompass Risk Manager ETF                                                                   $29
       EquityCompass Tactical Risk Manager ETF                                                          $59
       First Trust TCW Unconstrained Plus Bond ETF                                                     $103
       First Trust Low Duration Strategic Focus ETF                                                      $0
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                       $544

FIRST TRUST CLOSED-END FUNDS
       Macquarie/First Trust Global Infrastructure/Utilities Dividend &
       Income Fund                                                                                     $126
       First Trust Energy Income and Growth Fund                                                       $572
       First Trust Enhanced Equity Income Fund                                                         $307
       First Trust/Aberdeen Global Opportunity Income Fund                                             $190
       First Trust Mortgage Income Fund                                                                 $59
       First Trust/Aberdeen Emerging Opportunity Fund                                                   $77
       First Trust Specialty Finance and Financial Opportunities Fund                                  $105
       First Trust Senior Floating Rate Income Fund II                                                 $473
       First Trust High Income Long/Short Fund                                                         $555
       First Trust Energy Infrastructure Fund                                                          $379
       First Trust MLP and Energy Income Fund                                                          $767
       First Trust New Opportunities MLP & Energy Fund                                                 $330
       First Trust Senior Floating Rate 2022 Target Term Fund                                          $449
       First Trust Intermediate Duration Preferred & Income Fund                                     $1,893
       First Trust Dynamic Europe Equity Income Fund                                                   $355
------------------------------------------------------------------------------------------- ---------------
           Total                                                                                     $6,637

First Trust Advisors L.P.                                                                           $44,464
First Trust Portfolios L.P.                                                                          $6,352
------------------------------------------------------------------------------------------- ---------------
           GRAND TOTAL                                                                             $127,041
</TABLE>


</TEXT>
</DOCUMENT>