NPORT-EX 2 FT18FTEnergyIncomeGrthFd.htm
First Trust Energy Income and Growth Fund (FEN)
Portfolio of Investments
August 31, 2021 (Unaudited)
Shares   Description   Value
COMMON STOCKS – 73.0%
    Construction & Engineering – 0.7%    
18,900  
Quanta Services, Inc.
  $1,929,690
    Electric Utilities – 17.5%    
58,000  
Alliant Energy Corp. (a)
  3,525,820
31,860  
American Electric Power Co., Inc.
  2,853,700
21,000  
Duke Energy Corp.
  2,197,860
7,900  
Emera, Inc. (CAD)
  372,943
383,230  
Enel S.p.A., ADR
  3,464,399
9,800  
Eversource Energy
  889,154
135,000  
Exelon Corp. (b)
  6,617,700
8,100  
Fortis, Inc. (CAD) (a)
  371,086
71,000  
Iberdrola S.A., ADR
  3,530,120
32,800  
IDACORP, Inc.
  3,455,480
24,930  
NextEra Energy, Inc.
  2,093,871
16,780  
Orsted A/S, ADR
  892,360
198,480  
PPL Corp.
  5,825,388
157,390  
Southern (The) Co.
  10,345,245
27,600  
Xcel Energy, Inc. (a)
  1,897,500
        48,332,626
    Gas Utilities – 10.9%    
494,960  
AltaGas Ltd. (CAD) (a)
  9,913,715
85,150  
Atmos Energy Corp. (a)
  8,302,976
45,120  
New Jersey Resources Corp. (a)
  1,684,781
46,900  
ONE Gas, Inc.
  3,368,358
147,060  
UGI Corp.
  6,810,349
        30,080,179
    Independent Power & Renewable Electricity Producers – 1.3%    
35,340  
AES (The) Corp.
  843,566
61,100  
Clearway Energy, Inc., Class A
  1,817,114
38,800  
EDP Renovaveis S.A. (EUR)
  1,031,711
        3,692,391
    Multi-Utilities – 15.4%    
25,000  
ATCO Ltd., Class I (CAD)
  841,160
19,460  
Black Hills Corp.
  1,368,622
204,100  
CenterPoint Energy, Inc. (a)
  5,120,869
41,890  
CMS Energy Corp. (b)
  2,686,406
22,800  
Dominion Energy, Inc.
  1,774,752
32,810  
DTE Energy Co. (a)
  3,948,356
192,070  
Public Service Enterprise Group, Inc. (b)
  12,280,956
106,070  
Sempra Energy
  14,039,425
5,840  
WEC Energy Group, Inc.
  551,763
        42,612,309
    Oil, Gas & Consumable Fuels – 26.7%    
41,950  
Cheniere Energy, Inc. (c)
  3,668,947
43,155  
DT Midstream, Inc. (a)
  2,005,413
222,596  
Enbridge, Inc.
  8,750,249
208,340  
Equitrans Midstream Corp. (a)
  1,818,808
146,370  
Keyera Corp. (CAD) (a)
  3,524,528
535,595  
Kinder Morgan, Inc. (a)
  8,714,130
133,784  
ONEOK, Inc. (a)
  7,026,336
442,379  
TC Energy Corp. (a)
  21,004,155
First Trust Energy Income and Growth Fund (FEN)
Portfolio of Investments (Continued)
August 31, 2021 (Unaudited)
Shares   Description   Value
COMMON STOCKS (Continued)
    Oil, Gas & Consumable Fuels (Continued)    
703,652  
Williams (The) Cos., Inc. (a)
  $17,373,168
        73,885,734
    Semiconductors & Semiconductor Equipment – 0.1%    
2,000  
Enphase Energy, Inc. (c)
  347,460
    Water Utilities – 0.4%    
5,500  
American Water Works Co., Inc.
  1,002,375
   
Total Common Stocks
  201,882,764
    (Cost $165,613,335)    
Units   Description   Value
MASTER LIMITED PARTNERSHIPS – 54.0%
    Chemicals – 3.6%    
380,198  
Westlake Chemical Partners, L.P. (a)
  9,900,356
    Gas Utilities – 0.9%    
165,600  
Suburban Propane Partners, L.P. (a)
  2,522,088
    Independent Power & Renewable Electricity Producers – 2.6%    
88,261  
NextEra Energy Partners, L.P. (a) (d)
  7,054,702
    Oil, Gas & Consumable Fuels – 46.9%    
381,807  
Cheniere Energy Partners, L.P. (a)
  15,589,180
1,320,767  
Energy Transfer, L.P. (a)
  12,283,133
1,420,406  
Enterprise Products Partners, L.P. (a)
  31,618,237
107,800  
Hess Midstream, L.P., Class A (d)
  2,774,772
430,286  
Holly Energy Partners, L.P. (a)
  8,003,320
705,674  
Magellan Midstream Partners, L.P. (a)
  34,726,217
1,277,921  
Plains All American Pipeline, L.P. (a)
  11,923,003
674,588  
Shell Midstream Partners, L.P. (a)
  8,209,736
323,850  
Teekay LNG Partners, L.P. (d)
  4,501,515
        129,629,113
   
Total Master Limited Partnerships
  149,106,259
    (Cost $75,322,327)    
   
Total Investments – 127.0%
  350,989,023
    (Cost $240,935,662) (e)    
    
Number of Contracts   Description   Notional Amount   Exercise Price   Expiration Date   Value
CALL OPTIONS WRITTEN – (0.0)%
(418)  
CMS Energy Corp.
  $(2,680,634)   $65.00   09/17/21   (16,720)
(1,350)  
Exelon Corp.
  (6,617,700)   50.00   09/17/21   (51,300)
(1,920)  
Public Service Enterprise Group, Inc.
  (12,276,480)   65.00   09/17/21   (63,360)
   
Total Call Options Written
  (131,380)
    (Premiums received $149,748)                
Outstanding Loan – (25.6)%
  (70,700,000)
 
Net Other Assets and Liabilities – (1.4)%
  (3,725,659)
 
Net Assets – 100.0%
  $276,431,984
    
(a) All or a portion of this security serves as collateral on the outstanding loan.
(b) All or a portion of this security’s position represents cover for outstanding options written.
First Trust Energy Income and Growth Fund (FEN)
Portfolio of Investments (Continued)
August 31, 2021 (Unaudited)
(c) Non-income producing security.
(d) This security is taxed as a “C” corporation for federal income tax purposes.
(e) Aggregate cost for federal income tax purposes was $219,493,264. As of August 31, 2021, the aggregate gross unrealized appreciation for all investments in which there was an excess of value over tax cost was $131,938,889 and the aggregate gross unrealized depreciation for all investments in which there was an excess of tax cost over value was $574,510. The net unrealized appreciation was $131,364,379. The unrealized amounts presented are inclusive of derivative contracts.
    
ADR American Depositary Receipt
CAD Canadian Dollar
EUR Euro
Valuation Inputs
The Fund is 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.
A summary of the inputs used to value the Fund’s investments as of August 31, 2021 is as follows:
ASSETS TABLE
  Total
Value at
8/31/2021 		Level 1
Quoted
Prices 		Level 2
Significant
Observable
Inputs 		Level 3
Significant
Unobservable
Inputs
Common Stocks*
$ 201,882,764 $ 201,882,764 $ — $ —
Master Limited Partnerships*
 149,106,259  149,106,259  —  —
Total Investments
$ 350,989,023 $ 350,989,023 $— $—
 
LIABILITIES TABLE
  Total
Value at
8/31/2021 		Level 1
Quoted
Prices 		Level 2
Significant
Observable
Inputs 		Level 3
Significant
Unobservable
Inputs
Call Options Written
$ (131,380) $ (131,380) $ — $ —
    
* See Portfolio of Investments for industry breakout.