NPORT-EX 2 240162FT05312025.htm EDGAR HTML
FT Vest U.S. Equity Moderate Buffer ETF - January (GJAN)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.9%
3,233,402
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$3,233,402
(Cost $3,233,402)
Total Investments — 0.9%
3,233,402
(Cost $3,233,402)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 101.9%
Call Options Purchased — 96.8%
6,201
SPDR® S&P 500® ETF Trust
$365,480,739
$6.00
01/16/26
359,126,822
(Cost $365,144,859)
 
 
Put Options Purchased — 5.1%
6,201
SPDR® S&P 500® ETF Trust
365,480,739
597.60
01/16/26
19,008,670
(Cost $16,947,891)
 
 
Total Purchased Options
378,135,492
(Cost $382,092,750)
WRITTEN OPTIONS — (2.7)%
Call Options Written — (0.9)%
(6,201)
SPDR® S&P 500® ETF Trust
(365,480,739
)
667.64
01/16/26
(3,289,817
)
(Premiums received $7,943,907)
 
 
Put Options Written — (1.8)%
(6,201)
SPDR® S&P 500® ETF Trust
(365,480,739
)
507.96
01/16/26
(6,631,039
)
(Premiums received $6,551,023)
 
 
Total Written Options
(9,920,856
)
(Premiums received $14,494,930)
Net Other Assets and Liabilities — (0.1)%
(254,278
)
Net Assets — 100.0%
$371,193,760
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$3,233,402
$3,233,402
$
$
Purchased Options
378,135,492
378,135,492
Total
$381,368,894
$3,233,402
$378,135,492
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(9,920,856
)
$
$(9,920,856
)
$

FT Vest U.S. Equity Moderate Buffer ETF - February (GFEB)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 1.0%
3,272,140
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$3,272,140
(Cost $3,272,140)
Total Investments — 1.0%
3,272,140
(Cost $3,272,140)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 102.2%
Call Options Purchased — 96.7%
5,711
SPDR® S&P 500® ETF Trust
$336,600,629
$6.02
02/20/26
330,912,930
(Cost $333,635,783)
 
 
Put Options Purchased — 5.5%
5,711
SPDR® S&P 500® ETF Trust
336,600,629
599.96
02/20/26
18,747,842
(Cost $17,645,319)
 
 
Total Purchased Options
349,660,772
(Cost $351,281,102)
WRITTEN OPTIONS — (3.1)%
Call Options Written — (1.1)%
(5,711)
SPDR® S&P 500® ETF Trust
(336,600,629
)
671.83
02/20/26
(3,649,329
)
(Premiums received $5,859,026)
 
 
Put Options Written — (2.0)%
(5,711)
SPDR® S&P 500® ETF Trust
(336,600,629
)
509.97
02/20/26
(6,964,850
)
(Premiums received $6,670,966)
 
 
Total Written Options
(10,614,179
)
(Premiums received $12,529,992)
Net Other Assets and Liabilities — (0.1)%
(227,846
)
Net Assets — 100.0%
$342,090,887
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$3,272,140
$3,272,140
$
$
Purchased Options
349,660,772
349,660,772
Total
$352,932,912
$3,272,140
$349,660,772
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(10,614,179
)
$
$(10,614,179
)
$

FT Vest U.S. Small Cap Moderate Buffer ETF - February (SFEB)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 1.0%
796,724
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$796,724
(Cost $796,724)
Total Investments — 1.0%
796,724
(Cost $796,724)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 103.2%
Call Options Purchased — 94.4%
3,696
iShares Russell 2000 ETF
$75,793,872
$2.18
02/20/26
74,512,173
(Cost $77,595,160)
 
 
Put Options Purchased — 8.8%
3,696
iShares Russell 2000 ETF
75,793,872
217.80
02/20/26
6,937,207
(Cost $5,940,430)
 
 
Total Purchased Options
81,449,380
(Cost $83,535,590)
WRITTEN OPTIONS — (4.1)%
Call Options Written — (0.9)%
(3,696)
iShares Russell 2000 ETF
(75,793,872
)
253.67
02/20/26
(743,857
)
(Premiums received $2,203,080)
 
 
Put Options Written — (3.2)%
(3,696)
iShares Russell 2000 ETF
(75,793,872
)
185.13
02/20/26
(2,528,581
)
(Premiums received $2,201,770)
 
 
Total Written Options
(3,272,438
)
(Premiums received $4,404,850)
Net Other Assets and Liabilities — (0.1)%
(51,468
)
Net Assets — 100.0%
$78,922,198
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$796,724
$796,724
$
$
Purchased Options
81,449,380
81,449,380
Total
$82,246,104
$796,724
$81,449,380
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(3,272,438
)
$
$(3,272,438
)
$

FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR)
Portfolio of Investments
May 31, 2025 (Unaudited)
Principal
Value
Description
Stated
Coupon
Stated
Maturity
Value
U.S. TREASURY BILLS — 5.1%
$204,000
U.S. Treasury Bill
(a)
07/01/25
$203,307
204,000
U.S. Treasury Bill
(a)
07/31/25
202,588
204,000
U.S. Treasury Bill
(a)
08/28/25
201,912
204,000
U.S. Treasury Bill
(a)
09/18/25
201,428
204,000
U.S. Treasury Bill
(a)
10/30/25
200,447
204,000
U.S. Treasury Bill
(a)
11/28/25
199,781
204,000
U.S. Treasury Bill
(a)
12/26/25
199,212
204,000
U.S. Treasury Bill
(a)
01/22/26
198,674
204,000
U.S. Treasury Bill
(a)
02/19/26
198,057
204,000
U.S. Treasury Bill
(a)
03/19/26
197,425
Total U.S. Treasury Bills
2,002,831
(Cost $2,003,858)
Shares
Description
Value
MONEY MARKET FUNDS — 1.4%
569,189
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (b)
569,189
(Cost $569,189)
Total Investments — 6.5%
2,572,020
(Cost $2,573,047)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 107.0%
Call Options Purchased — 102.8%
696
SPDR® S&P 500® ETF Trust
$41,021,544
$0.06
03/20/26
40,631,116
(Cost $38,740,575)
 
 
Put Options Purchased — 4.2%
696
SPDR® S&P 500® ETF Trust
41,021,544
563.97
03/20/26
1,657,120
(Cost $2,271,339)
 
 
Total Purchased Options
42,288,236
(Cost $41,011,914)
WRITTEN OPTIONS — (13.4)%
Call Options Written — (11.1)%
(696)
SPDR® S&P 500® ETF Trust
(41,021,544
)
563.97
03/20/26
(4,380,422
)
(Premiums received $3,339,716)
 
 
Put Options Written — (2.3)%
(696)
SPDR® S&P 500® ETF Trust
(41,021,544
)
507.57
03/20/26
(910,215
)
(Premiums received $1,233,967)
 
 
Total Written Options
(5,290,637
)
(Premiums received $4,573,683)
Net Other Assets and Liabilities — (0.1)%
(25,579
)
Net Assets — 100.0%
$39,544,040
(a)
Zero coupon security.
(b)
Rate shown reflects yield as of May 31, 2025.

FT Vest U.S. Equity Buffer & Premium Income ETF - March (XIMR)
Portfolio of Investments (Continued)
May 31, 2025 (Unaudited)

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
U.S. Treasury Bills
$2,002,831
$
$2,002,831
$
Money Market Funds
569,189
569,189
Total Investments
2,572,020
569,189
2,002,831
Purchased Options
42,288,236
42,288,236
Total
$44,860,256
$569,189
$44,291,067
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(5,290,637
)
$
$(5,290,637
)
$

FT Vest U.S. Equity Moderate Buffer ETF - March (GMAR)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 1.0%
4,241,142
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$4,241,142
(Cost $4,241,142)
Total Investments — 1.0%
4,241,142
(Cost $4,241,142)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 104.4%
Call Options Purchased — 100.3%
7,486
SPDR® S&P 500® ETF Trust
$441,217,354
$5.66
03/20/26
432,978,861
(Cost $415,503,313)
 
 
Put Options Purchased — 4.1%
7,486
SPDR® S&P 500® ETF Trust
441,217,354
564.00
03/20/26
17,829,107
(Cost $24,169,400)
 
 
Total Purchased Options
450,807,968
(Cost $439,672,713)
WRITTEN OPTIONS — (5.3)%
Call Options Written — (3.6)%
(7,486)
SPDR® S&P 500® ETF Trust
(441,217,354
)
632.81
03/20/26
(15,727,787
)
(Premiums received $10,099,549)
 
 
Put Options Written — (1.7)%
(7,486)
SPDR® S&P 500® ETF Trust
(441,217,354
)
479.40
03/20/26
(7,212,087
)
(Premiums received $8,712,661)
 
 
Total Written Options
(22,939,874
)
(Premiums received $18,812,210)
Net Other Assets and Liabilities — (0.1)%
(298,288
)
Net Assets — 100.0%
$431,810,948
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$4,241,142
$4,241,142
$
$
Purchased Options
450,807,968
450,807,968
Total
$455,049,110
$4,241,142
$450,807,968
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(22,939,874
)
$
$(22,939,874
)
$

FT Vest U.S. Equity Moderate Buffer ETF - April (GAPR)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 1.1%
2,257,188
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$2,257,188
(Cost $2,257,188)
Total Investments — 1.1%
2,257,188
(Cost $2,257,188)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 107.4%
Call Options Purchased — 104.4%
3,946
SPDR® S&P 500® ETF Trust
$232,573,294
$5.28
04/17/26
228,471,900
(Cost $204,027,378)
 
 
Put Options Purchased — 3.0%
3,946
SPDR® S&P 500® ETF Trust
232,573,294
526.43
04/17/26
6,671,187
(Cost $14,577,269)
 
 
Total Purchased Options
235,143,087
(Cost $218,604,647)
WRITTEN OPTIONS — (8.4)%
Call Options Written — (7.1)%
(3,946)
SPDR® S&P 500® ETF Trust
(232,573,294
)
604.23
04/17/26
(15,425,427
)
(Premiums received $6,456,419)
 
 
Put Options Written — (1.3)%
(3,946)
SPDR® S&P 500® ETF Trust
(232,573,294
)
447.47
04/17/26
(2,906,821
)
(Premiums received $6,509,489)
 
 
Total Written Options
(18,332,248
)
(Premiums received $12,965,908)
Net Other Assets and Liabilities — (0.1)%
(148,252
)
Net Assets — 100.0%
$218,919,775
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$2,257,188
$2,257,188
$
$
Purchased Options
235,143,087
235,143,087
Total
$237,400,275
$2,257,188
$235,143,087
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(18,332,248
)
$
$(18,332,248
)
$

FT Vest U.S. Equity Moderate Buffer ETF - May (GMAY)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 1.1%
3,130,615
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$3,130,615
(Cost $3,130,615)
Total Investments — 1.1%
3,130,615
(Cost $3,130,615)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 103.5%
Call Options Purchased — 97.7%
4,745
SPDR® S&P 500® ETF Trust
$279,665,555
$5.96
05/15/26
274,398,605
(Cost $275,713,935)
 
 
Put Options Purchased — 5.8%
4,745
SPDR® S&P 500® ETF Trust
279,665,555
594.22
05/15/26
16,408,210
(Cost $15,807,980)
 
 
Total Purchased Options
290,806,815
(Cost $291,521,915)
WRITTEN OPTIONS — (4.6)%
Call Options Written — (2.1)%
(4,745)
SPDR® S&P 500® ETF Trust
(279,665,555
)
667.43
05/15/26
(5,969,210
)
(Premiums received $6,573,305)
 
 
Put Options Written — (2.5)%
(4,745)
SPDR® S&P 500® ETF Trust
(279,665,555
)
505.09
05/15/26
(6,813,820
)
(Premiums received $6,267,597)
 
 
Total Written Options
(12,783,030
)
(Premiums received $12,840,902)
Net Other Assets and Liabilities — (0.0)%
(121,878
)
Net Assets — 100.0%
$281,032,522
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$3,130,615
$3,130,615
$
$
Purchased Options
290,806,815
290,806,815
Total
$293,937,430
$3,130,615
$290,806,815
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(12,783,030
)
$
$(12,783,030
)
$

FT Vest U.S. Small Cap Moderate Buffer ETF - May (SMAY)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 1.2%
1,132,639
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$1,132,639
(Cost $1,132,639)
Total Investments — 1.2%
1,132,639
(Cost $1,132,639)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 104.5%
Call Options Purchased — 96.7%
4,591
iShares Russell 2000 ETF
$94,147,637
$2.10
05/15/26
92,458,562
(Cost $94,556,872)
 
 
Put Options Purchased — 7.8%
4,591
iShares Russell 2000 ETF
94,147,637
209.85
05/15/26
7,484,845
(Cost $6,791,569)
 
 
Total Purchased Options
99,943,407
(Cost $101,348,441)
WRITTEN OPTIONS — (5.6)%
Call Options Written — (2.4)%
(4,591)
iShares Russell 2000 ETF
(94,147,637
)
244.48
05/15/26
(2,295,270
)
(Premiums received $3,424,814)
 
 
Put Options Written — (3.2)%
(4,591)
iShares Russell 2000 ETF
(94,147,637
)
178.37
05/15/26
(3,067,201
)
(Premiums received $2,715,703)
 
 
Total Written Options
(5,362,471
)
(Premiums received $6,140,517)
Net Other Assets and Liabilities — (0.1)%
(53,305
)
Net Assets — 100.0%
$95,660,270
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$1,132,639
$1,132,639
$
$
Purchased Options
99,943,407
99,943,407
Total
$101,076,046
$1,132,639
$99,943,407
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(5,362,471
)
$
$(5,362,471
)
$

FT Vest U.S. Equity Buffer & Premium Income ETF - June (XIJN)
Portfolio of Investments
May 31, 2025 (Unaudited)
Principal
Value
Description
Stated
Coupon
Stated
Maturity
Value
U.S. TREASURY BILLS — 0.5%
$41,000
U.S. Treasury Bill
(a)
06/12/25
$40,952
(Cost $40,944)
 
 
Shares
Description
Value
MONEY MARKET FUNDS — 0.8%
56,800
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (b)
56,800
(Cost $56,800)
Total Investments — 1.3%
97,752
(Cost $97,744)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 107.2%
Call Options Purchased — 107.0%
140
SPDR® S&P 500® ETF Trust
$8,251,460
$0.05
06/20/25
8,226,143
(Cost $7,888,965)
 
 
Put Options Purchased — 0.2%
140
SPDR® S&P 500® ETF Trust
8,251,460
544.54
06/20/25
17,042
(Cost $242,206)
 
 
Total Purchased Options
8,243,185
(Cost $8,131,171)
WRITTEN OPTIONS — (8.4)%
Call Options Written — (8.3)%
(140)
SPDR® S&P 500® ETF Trust
(8,251,460
)
544.54
06/20/25
(640,219
)
(Premiums received $760,802)
 
 
Put Options Written — (0.1)%
(140)
SPDR® S&P 500® ETF Trust
(8,251,460
)
490.09
06/20/25
(3,395
)
(Premiums received $121,496)
 
 
Total Written Options
(643,614
)
(Premiums received $882,298)
Net Other Assets and Liabilities — (0.1)%
(5,425
)
Net Assets — 100.0%
$7,691,898
(a)
Zero coupon security.
(b)
Rate shown reflects yield as of May 31, 2025.

FT Vest U.S. Equity Buffer & Premium Income ETF - June (XIJN)
Portfolio of Investments (Continued)
May 31, 2025 (Unaudited)

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
U.S. Treasury Bills
$40,952
$
$40,952
$
Money Market Funds
56,800
56,800
Total Investments
97,752
56,800
40,952
Purchased Options
8,243,185
8,243,185
Total
$8,340,937
$56,800
$8,284,137
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(643,614
)
$
$(643,614
)
$

FT Vest U.S. Equity Moderate Buffer ETF - June (GJUN)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.3%
900,159
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$900,159
(Cost $900,159)
Total Investments — 0.3%
900,159
(Cost $900,159)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 99.8%
Call Options Purchased — 99.6%
4,687
SPDR® S&P 500® ETF Trust
$276,247,093
$5.47
06/20/25
272,866,032
(Cost $253,643,026)
 
 
Put Options Purchased — 0.2%
4,687
SPDR® S&P 500® ETF Trust
276,247,093
544.53
06/20/25
570,314
(Cost $12,855,908)
 
 
Total Purchased Options
273,436,346
(Cost $266,498,934)
WRITTEN OPTIONS — (0.1)%
Call Options Written — (0.1)%
(4,687)
SPDR® S&P 500® ETF Trust
(276,247,093
)
618.04
06/20/25
(182,090
)
(Premiums received $4,198,049)
 
 
Put Options Written — (0.0)%
(4,687)
SPDR® S&P 500® ETF Trust
(276,247,093
)
462.85
06/20/25
(66,649
)
(Premiums received $3,522,035)
 
 
Total Written Options
(248,739
)
(Premiums received $7,720,084)
Net Other Assets and Liabilities — (0.0)%
(120,479
)
Net Assets — 100.0%
$273,967,287
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$900,159
$900,159
$
$
Purchased Options
273,436,346
273,436,346
Total
$274,336,505
$900,159
$273,436,346
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(248,739
)
$
$(248,739
)
$

FT Vest U.S. Equity Moderate Buffer ETF - July (GJUL)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.4%
1,243,333
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$1,243,333
(Cost $1,243,333)
Total Investments — 0.4%
1,243,333
(Cost $1,243,333)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 100.2%
Call Options Purchased — 99.4%
5,308
SPDR® S&P 500® ETF Trust
$312,848,212
$5.51
07/18/25
309,070,562
(Cost $287,717,920)
 
 
Put Options Purchased — 0.8%
5,308
SPDR® S&P 500® ETF Trust
312,848,212
549.01
07/18/25
2,360,043
(Cost $15,420,422)
 
 
Total Purchased Options
311,430,605
(Cost $303,138,342)
WRITTEN OPTIONS — (0.5)%
Call Options Written — (0.4)%
(5,308)
SPDR® S&P 500® ETF Trust
(312,848,212
)
621.31
07/18/25
(1,120,360
)
(Premiums received $4,620,124)
 
 
Put Options Written — (0.1)%
(5,308)
SPDR® S&P 500® ETF Trust
(312,848,212
)
466.66
07/18/25
(381,061
)
(Premiums received $4,624,617)
 
 
Total Written Options
(1,501,421
)
(Premiums received $9,244,741)
Net Other Assets and Liabilities — (0.1)%
(181,820
)
Net Assets — 100.0%
$310,990,697
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$1,243,333
$1,243,333
$
$
Purchased Options
311,430,605
311,430,605
Total
$312,673,938
$1,243,333
$311,430,605
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(1,501,421
)
$
$(1,501,421
)
$

FT Vest U.S. Equity Moderate Buffer ETF - August (GAUG)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.5%
1,164,177
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$1,164,177
(Cost $1,164,177)
Total Investments — 0.5%
1,164,177
(Cost $1,164,177)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 100.7%
Call Options Purchased — 99.4%
4,198
SPDR® S&P 500® ETF Trust
$247,425,922
$5.56
08/15/25
244,462,512
(Cost $226,954,967)
 
 
Put Options Purchased — 1.3%
4,198
SPDR® S&P 500® ETF Trust
247,425,922
554.33
08/15/25
3,330,063
(Cost $13,478,594)
 
 
Total Purchased Options
247,792,575
(Cost $240,433,561)
WRITTEN OPTIONS — (1.1)%
Call Options Written — (0.8)%
(4,198)
SPDR® S&P 500® ETF Trust
(247,425,922
)
621.24
08/15/25
(2,116,841
)
(Premiums received $2,609,953)
 
 
Put Options Written — (0.3)%
(4,198)
SPDR® S&P 500® ETF Trust
(247,425,922
)
471.18
08/15/25
(705,390
)
(Premiums received $4,642,603)
 
 
Total Written Options
(2,822,231
)
(Premiums received $7,252,556)
Net Other Assets and Liabilities — (0.1)%
(162,030
)
Net Assets — 100.0%
$245,972,491
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$1,164,177
$1,164,177
$
$
Purchased Options
247,792,575
247,792,575
Total
$248,956,752
$1,164,177
$247,792,575
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(2,822,231
)
$
$(2,822,231
)
$

FT Vest U.S. Small Cap Moderate Buffer ETF - August (SAUG)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.5%
497,384
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$497,384
(Cost $497,384)
Total Investments — 0.5%
497,384
(Cost $497,384)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 100.6%
Call Options Purchased — 95.4%
4,612
iShares Russell 2000 ETF
$94,578,284
$2.13
08/15/25
93,473,756
(Cost $96,364,179)
 
 
Put Options Purchased — 5.2%
4,612
iShares Russell 2000 ETF
94,578,284
212.60
08/15/25
5,094,830
(Cost $6,664,355)
 
 
Total Purchased Options
98,568,586
(Cost $103,028,534)
WRITTEN OPTIONS — (1.0)%
Call Options Written — (0.1)%
(4,612)
iShares Russell 2000 ETF
(94,578,284
)
249.32
08/15/25
(80,110
)
(Premiums received $2,597,998)
 
 
Put Options Written — (0.9)%
(4,612)
iShares Russell 2000 ETF
(94,578,284
)
180.71
08/15/25
(896,988
)
(Premiums received $2,156,938)
 
 
Total Written Options
(977,098
)
(Premiums received $4,754,936)
Net Other Assets and Liabilities — (0.1)%
(70,171
)
Net Assets — 100.0%
$98,018,701
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$497,384
$497,384
$
$
Purchased Options
98,568,586
98,568,586
Total
$99,065,970
$497,384
$98,568,586
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(977,098
)
$
$(977,098
)
$

FT Vest U.S. Equity Buffer & Premium Income ETF - September (XISE)
Portfolio of Investments
May 31, 2025 (Unaudited)
Principal
Value
Description
Stated
Coupon
Stated
Maturity
Value
U.S. TREASURY BILLS — 1.9%
$289,000
U.S. Treasury Bill
(a)
06/12/25
$288,659
289,000
U.S. Treasury Bill
(a)
07/10/25
287,713
289,000
U.S. Treasury Bill
(a)
08/07/25
286,761
289,000
U.S. Treasury Bill
(a)
09/04/25
285,823
Total U.S. Treasury Bills
1,148,956
(Cost $1,149,461)
Shares
Description
Value
MONEY MARKET FUNDS — 0.9%
510,941
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (b)
510,941
(Cost $510,941)
Total Investments — 2.8%
1,659,897
(Cost $1,660,402)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 105.3%
Call Options Purchased — 102.8%
1,049
SPDR® S&P 500® ETF Trust
$61,827,011
$0.06
09/19/25
61,497,059
(Cost $58,550,508)
 
 
Put Options Purchased — 2.5%
1,049
SPDR® S&P 500® ETF Trust
61,827,011
568.24
09/19/25
1,489,139
(Cost $2,976,587)
 
 
Total Purchased Options
62,986,198
(Cost $61,527,095)
WRITTEN OPTIONS — (8.0)%
Call Options Written — (7.0)%
(1,049)
SPDR® S&P 500® ETF Trust
(61,827,011
)
568.24
09/19/25
(4,200,825
)
(Premiums received $4,254,052)
 
 
Put Options Written — (1.0)%
(1,049)
SPDR® S&P 500® ETF Trust
(61,827,011
)
511.42
09/19/25
(588,594
)
(Premiums received $1,584,421)
 
 
Total Written Options
(4,789,419
)
(Premiums received $5,838,473)
Net Other Assets and Liabilities — (0.1)%
(41,404
)
Net Assets — 100.0%
$59,815,272
(a)
Zero coupon security.
(b)
Rate shown reflects yield as of May 31, 2025.

FT Vest U.S. Equity Buffer & Premium Income ETF - September (XISE)
Portfolio of Investments (Continued)
May 31, 2025 (Unaudited)

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
U.S. Treasury Bills
$1,148,956
$
$1,148,956
$
Money Market Funds
510,941
510,941
Total Investments
1,659,897
510,941
1,148,956
Purchased Options
62,986,198
62,986,198
Total
$64,646,095
$510,941
$64,135,154
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(4,789,419
)
$
$(4,789,419
)
$

FT Vest U.S. Equity Moderate Buffer ETF - September (GSEP)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.6%
1,266,044
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$1,266,044
(Cost $1,266,044)
Total Investments — 0.6%
1,266,044
(Cost $1,266,044)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 101.0%
Call Options Purchased — 98.6%
3,718
SPDR® S&P 500® ETF Trust
$219,135,202
$5.70
09/19/25
215,898,088
(Cost $207,568,849)
 
 
Put Options Purchased — 2.4%
3,718
SPDR® S&P 500® ETF Trust
219,135,202
568.27
09/19/25
5,280,601
(Cost $10,494,457)
 
 
Total Purchased Options
221,178,689
(Cost $218,063,306)
WRITTEN OPTIONS — (1.5)%
Call Options Written — (0.9)%
(3,718)
SPDR® S&P 500® ETF Trust
(219,135,202
)
632.48
09/19/25
(1,918,748
)
(Premiums received $2,962,508)
 
 
Put Options Written — (0.6)%
(3,718)
SPDR® S&P 500® ETF Trust
(219,135,202
)
483.03
09/19/25
(1,331,936
)
(Premiums received $4,418,914)
 
 
Total Written Options
(3,250,684
)
(Premiums received $7,381,422)
Net Other Assets and Liabilities — (0.1)%
(150,333
)
Net Assets — 100.0%
$219,043,716
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$1,266,044
$1,266,044
$
$
Purchased Options
221,178,689
221,178,689
Total
$222,444,733
$1,266,044
$221,178,689
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(3,250,684
)
$
$(3,250,684
)
$

FT Vest U.S. Equity Moderate Buffer ETF - October (GOCT)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.7%
1,447,809
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$1,447,809
(Cost $1,447,809)
Total Investments — 0.7%
1,447,809
(Cost $1,447,809)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 100.9%
Call Options Purchased — 97.4%
3,673
SPDR® S&P 500® ETF Trust
$216,482,947
$5.87
10/17/25
213,230,689
(Cost $210,321,040)
 
 
Put Options Purchased — 3.5%
3,673
SPDR® S&P 500® ETF Trust
216,482,947
584.61
10/17/25
7,659,601
(Cost $10,817,000)
 
 
Total Purchased Options
220,890,290
(Cost $221,138,040)
WRITTEN OPTIONS — (1.5)%
Call Options Written — (0.5)%
(3,673)
SPDR® S&P 500® ETF Trust
(216,482,947
)
652.77
10/17/25
(1,170,401
)
(Premiums received $3,597,856)
 
 
Put Options Written — (1.0)%
(3,673)
SPDR® S&P 500® ETF Trust
(216,482,947
)
496.92
10/17/25
(2,102,499
)
(Premiums received $3,922,654)
 
 
Total Written Options
(3,272,900
)
(Premiums received $7,520,510)
Net Other Assets and Liabilities — (0.1)%
(142,501
)
Net Assets — 100.0%
$218,922,698
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$1,447,809
$1,447,809
$
$
Purchased Options
220,890,290
220,890,290
Total
$222,338,099
$1,447,809
$220,890,290
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(3,272,900
)
$
$(3,272,900
)
$

FT Vest U.S. Equity Moderate Buffer ETF - November (GNOV)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.7%
1,852,910
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$1,852,910
(Cost $1,852,910)
Total Investments — 0.7%
1,852,910
(Cost $1,852,910)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 101.4%
Call Options Purchased — 97.4%
4,409
SPDR® S&P 500® ETF Trust
$259,862,051
$5.88
11/21/25
256,035,700
(Cost $254,513,010)
 
 
Put Options Purchased — 4.0%
4,409
SPDR® S&P 500® ETF Trust
259,862,051
585.77
11/21/25
10,308,771
(Cost $12,154,435)
 
 
Total Purchased Options
266,344,471
(Cost $266,667,445)
WRITTEN OPTIONS — (2.0)%
Call Options Written — (0.8)%
(4,409)
SPDR® S&P 500® ETF Trust
(259,862,051
)
656.76
11/21/25
(1,999,746
)
(Premiums received $5,183,265)
 
 
Put Options Written — (1.2)%
(4,409)
SPDR® S&P 500® ETF Trust
(259,862,051
)
497.91
11/21/25
(3,194,805
)
(Premiums received $4,568,423)
 
 
Total Written Options
(5,194,551
)
(Premiums received $9,751,688)
Net Other Assets and Liabilities — (0.1)%
(176,115
)
Net Assets — 100.0%
$262,826,715
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$1,852,910
$1,852,910
$
$
Purchased Options
266,344,471
266,344,471
Total
$268,197,381
$1,852,910
$266,344,471
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(5,194,551
)
$
$(5,194,551
)
$

FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.8%
823,981
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$823,981
(Cost $823,981)
Total Investments — 0.8%
823,981
(Cost $823,981)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 102.8%
Call Options Purchased — 91.9%
4,809
iShares Russell 2000 ETF
$98,618,163
$2.28
11/21/25
97,191,044
(Cost $107,436,957)
 
 
Put Options Purchased — 10.9%
4,809
iShares Russell 2000 ETF
98,618,163
228.48
11/21/25
11,517,892
(Cost $7,896,090)
 
 
Total Purchased Options
108,708,936
(Cost $115,333,047)
WRITTEN OPTIONS — (3.5)%
Call Options Written — (0.2)%
(4,809)
iShares Russell 2000 ETF
(98,618,163
)
266.45
11/21/25
(194,428
)
(Premiums received $2,966,468)
 
 
Put Options Written — (3.3)%
(4,809)
iShares Russell 2000 ETF
(98,618,163
)
194.21
11/21/25
(3,481,860
)
(Premiums received $2,708,791)
 
 
Total Written Options
(3,676,288
)
(Premiums received $5,675,259)
Net Other Assets and Liabilities — (0.1)%
(77,285
)
Net Assets — 100.0%
$105,779,344
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$823,981
$823,981
$
$
Purchased Options
108,708,936
108,708,936
Total
$109,532,917
$823,981
$108,708,936
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(3,676,288
)
$
$(3,676,288
)
$

FT Vest U.S. Equity Buffer & Premium Income ETF - December (XIDE)
Portfolio of Investments
May 31, 2025 (Unaudited)
Principal
Value
Description
Stated
Coupon
Stated
Maturity
Value
U.S. TREASURY BILLS — 3.7%
$124,000
U.S. Treasury Bill
(a)
06/12/25
$123,854
124,000
U.S. Treasury Bill
(a)
07/10/25
123,448
124,000
U.S. Treasury Bill
(a)
08/07/25
123,039
124,000
U.S. Treasury Bill
(a)
09/04/25
122,637
124,000
U.S. Treasury Bill
(a)
10/30/25
121,840
248,000
U.S. Treasury Bill
(a)
11/28/25
242,870
Total U.S. Treasury Bills
857,688
(Cost $857,716)
Shares
Description
Value
MONEY MARKET FUNDS — 1.2%
288,056
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (b)
288,056
(Cost $288,056)
Total Investments — 4.9%
1,145,744
(Cost $1,145,772)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 103.4%
Call Options Purchased — 98.7%
394
SPDR® S&P 500® ETF Trust
$23,221,966
$0.06
12/19/25
23,035,821
(Cost $22,927,235)
 
 
Put Options Purchased — 4.7%
394
SPDR® S&P 500® ETF Trust
23,221,966
591.14
12/19/25
1,079,891
(Cost $1,237,201)
 
 
Total Purchased Options
24,115,712
(Cost $24,164,436)
WRITTEN OPTIONS — (8.2)%
Call Options Written — (6.0)%
(394)
SPDR® S&P 500® ETF Trust
(23,221,966
)
591.14
12/19/25
(1,391,179
)
(Premiums received $1,882,620)
 
 
Put Options Written — (2.2)%
(394)
SPDR® S&P 500® ETF Trust
(23,221,966
)
532.03
12/19/25
(519,477
)
(Premiums received $689,077)
 
 
Total Written Options
(1,910,656
)
(Premiums received $2,571,697)
Net Other Assets and Liabilities — (0.1)%
(17,117
)
Net Assets — 100.0%
$23,333,683
(a)
Zero coupon security.
(b)
Rate shown reflects yield as of May 31, 2025.

FT Vest U.S. Equity Buffer & Premium Income ETF - December (XIDE)
Portfolio of Investments (Continued)
May 31, 2025 (Unaudited)

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
U.S. Treasury Bills
$857,688
$
$857,688
$
Money Market Funds
288,056
288,056
Total Investments
1,145,744
288,056
857,688
Purchased Options
24,115,712
24,115,712
Total
$25,261,456
$288,056
$24,973,400
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(1,910,656
)
$
$(1,910,656
)
$

FT Vest U.S. Equity Moderate Buffer ETF - December (GDEC)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
MONEY MARKET FUNDS — 0.8%
3,422,603
Dreyfus Government Cash Management Fund, Institutional Shares - 4.19% (a)
$3,422,603
(Cost $3,422,603)
Total Investments — 0.8%
3,422,603
(Cost $3,422,603)
Number of
Contracts
Description
Notional
Amount
Exercise
Price
Expiration
Date
Value
PURCHASED OPTIONS — 101.6%
Call Options Purchased — 97.0%
7,274
SPDR® S&P 500® ETF Trust
$428,722,286
$5.93
12/19/25
421,126,266
(Cost $423,460,320)
 
 
Put Options Purchased — 4.6%
7,274
SPDR® S&P 500® ETF Trust
428,722,286
591.17
12/19/25
19,944,217
(Cost $21,165,266)
 
 
Total Purchased Options
441,070,483
(Cost $444,625,586)
WRITTEN OPTIONS — (2.3)%
Call Options Written — (0.8)%
(7,274)
SPDR® S&P 500® ETF Trust
(428,722,286
)
663.94
12/19/25
(3,330,619
)
(Premiums received $8,230,514)
 
 
Put Options Written — (1.5)%
(7,274)
SPDR® S&P 500® ETF Trust
(428,722,286
)
502.50
12/19/25
(6,628,069
)
(Premiums received $8,158,061)
 
 
Total Written Options
(9,958,688
)
(Premiums received $16,388,575)
Net Other Assets and Liabilities — (0.1)%
(276,459
)
Net Assets — 100.0%
$434,257,939
(a)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
ASSETS TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Money Market Funds
$3,422,603
$3,422,603
$
$
Purchased Options
441,070,483
441,070,483
Total
$444,493,086
$3,422,603
$441,070,483
$
LIABILITIES TABLE
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Written Options
$(9,958,688
)
$
$(9,958,688
)
$

FT Vest Laddered Moderate Buffer ETF (BUFZ)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
EXCHANGE-TRADED FUNDS — 100.0%
Capital Markets (a) — 100.0%
981,848
FT Vest U.S. Equity Moderate
Buffer ETF - January (b)
$38,193,887
1,006,558
FT Vest U.S. Equity Moderate
Buffer ETF - February (b)
38,177,638
1,001,251
FT Vest U.S. Equity Moderate
Buffer ETF - March (b)
38,197,626
1,014,350
FT Vest U.S. Equity Moderate
Buffer ETF - April (b)
38,088,842
1,000,858
FT Vest U.S. Equity Moderate
Buffer ETF - May (b)
38,152,707
1,045,036
FT Vest U.S. Equity Moderate
Buffer ETF - June (b)
38,175,165
1,023,641
FT Vest U.S. Equity Moderate
Buffer ETF - July (b)
38,166,455
1,062,563
FT Vest U.S. Equity Moderate
Buffer ETF - August (b)
38,135,386
1,071,562
FT Vest U.S. Equity Moderate
Buffer ETF - September (b)
38,207,829
1,075,809
FT Vest U.S. Equity Moderate
Buffer ETF - October (b)
38,184,980
1,077,334
FT Vest U.S. Equity Moderate
Buffer ETF - November (b)
38,203,018
1,116,525
FT Vest U.S. Equity Moderate
Buffer ETF - December (b)
38,146,858
Total Exchange-Traded Funds
458,030,391
(Cost $441,861,627)
MONEY MARKET FUNDS — 0.0%
131,593
Dreyfus Government Cash
Management Fund,
Institutional Shares -
4.19% (c)
131,593
(Cost $131,593)
Total Investments — 100.0%
458,161,984
(Cost $441,993,220)
Net Other Assets and
Liabilities — (0.0)%
(37,049
)
Net Assets — 100.0%
$458,124,935
(a)
Represents investments in affiliated funds.
(b)
Non-income producing security.
(c)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Exchange-Traded
Funds*
$458,030,391
$458,030,391
$
$
Money Market
Funds
    131,593
    131,593
Total Investments
$458,161,984
$458,161,984
$
$
*
See Portfolio of Investments for industry breakout.

FT Vest Laddered Moderate Buffer ETF (BUFZ)
Portfolio of Investments (Continued)
May 31, 2025 (Unaudited)

Affiliated Transactions
Amounts relating to investments in affiliated funds at May 31, 2025, and for the fiscal year-to-date period (September 1, 2024 to May 31, 2025) are as follows:
Security Name
Shares at
5/31/2025
Value at
8/31/2024
Purchases
Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain
(Loss)
Value at
5/31/2025
Dividend
Income
FT Vest U.S. Equity
Moderate Buffer ETF -
January
981,848
$19,087,956
$23,228,302
$(5,035,796
)
$517,675
$395,750
$38,193,887
$
FT Vest U.S. Equity
Moderate Buffer ETF -
February
1,006,558
19,109,154
23,085,237
(5,280,193
)
811,260
452,180
38,177,638
FT Vest U.S. Equity
Moderate Buffer ETF -
March
1,001,251
19,107,448
23,056,015
(5,266,160
)
855,140
445,183
38,197,626
FT Vest U.S. Equity
Moderate Buffer ETF -
April
1,014,350
19,101,228
23,409,079
(5,102,800
)
173,329
508,006
38,088,842
FT Vest U.S. Equity
Moderate Buffer ETF -
May
1,000,858
19,100,191
23,003,395
(5,803,408
)
1,449,665
402,864
38,152,707
FT Vest U.S. Equity
Moderate Buffer ETF -
June
1,045,036
19,140,170
23,108,503
(5,182,481
)
697,517
411,456
38,175,165
FT Vest U.S. Equity
Moderate Buffer ETF -
July
1,023,641
19,116,067
23,036,544
(5,216,841
)
778,523
452,162
38,166,455
FT Vest U.S. Equity
Moderate Buffer ETF -
August
1,062,563
19,126,803
23,051,840
(5,208,551
)
791,285
374,009
38,135,386
FT Vest U.S. Equity
Moderate Buffer ETF -
September
1,071,562
19,053,114
23,128,272
(5,066,786
)
754,666
338,563
38,207,829
FT Vest U.S. Equity
Moderate Buffer ETF -
October
1,075,809
19,072,437
23,378,072
(5,022,250
)
480,521
276,200
38,184,980
FT Vest U.S. Equity
Moderate Buffer ETF -
November
1,077,334
19,077,702
23,240,411
(5,024,411
)
583,847
325,469
38,203,018
FT Vest U.S. Equity
Moderate Buffer ETF -
December
1,116,525
19,095,837
23,145,602
(5,047,504
)
582,283
370,640
38,146,858
 
$229,188,107
$277,871,272
$(62,257,181
)
$8,475,711
$4,752,482
$458,030,391
$

FT Vest Laddered Small Cap Moderate Buffer ETF (BUFS)
Portfolio of Investments
May 31, 2025 (Unaudited)
Shares
Description
Value
EXCHANGE-TRADED FUNDS — 100.0%
Capital Markets (a) — 100.0%
1,113,315
FT Vest U.S. Small Cap
Moderate Buffer ETF -
February (b)
$23,106,185
993,086
FT Vest U.S. Small Cap
Moderate Buffer ETF -
May (b)
23,128,973
999,563
FT Vest U.S. Small Cap
Moderate Buffer ETF -
August (b)
22,787,038
1,024,964
FT Vest U.S. Small Cap
Moderate Buffer ETF -
November (b)
23,045,905
Total Exchange-Traded Funds
92,068,101
(Cost $94,367,291)
MONEY MARKET FUNDS — 0.0%
29,003
Dreyfus Government Cash
Management Fund,
Institutional Shares -
4.19% (c)
29,003
(Cost $29,003)
Total Investments — 100.0%
92,097,104
(Cost $94,396,294)
Net Other Assets and
Liabilities — (0.0)%
(7,489
)
Net Assets — 100.0%
$92,089,615
(a)
Represents investments in affiliated funds.
(b)
Non-income producing security.
(c)
Rate shown reflects yield as of May 31, 2025.

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of May 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):
 
Total
Value at
5/31/2025
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Exchange-Traded
Funds*
$92,068,101
$92,068,101
$
$
Money Market Funds
    29,003
    29,003
Total Investments
$92,097,104
$92,097,104
$
$
*
See Portfolio of Investments for industry breakout.

Affiliated Transactions
Amounts relating to investments in affiliated funds at May 31, 2025, and for the fiscal year-to-date period (September 1, 2024 to May 31, 2025) are as follows:
Security Name
Shares at
5/31/2025
Value at
8/31/2024
Purchases
Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain
(Loss)
Value at
5/31/2025
Dividend
Income
FT Vest U.S. Small Cap Moderate
Buffer ETF - February
1,113,315
$2,626,959
$21,365,575
$(268,935
)
$(598,441
)
$(18,973
)
$23,106,185
$
FT Vest U.S. Small Cap Moderate
Buffer ETF - May
993,086
2,616,749
21,762,789
(41,716
)
(1,207,051
)
(1,798
)
23,128,973
FT Vest U.S. Small Cap Moderate
Buffer ETF - August
999,563
2,614,418
21,145,482
(382,783
)
(566,993
)
(23,086
)
22,787,038
FT Vest U.S. Small Cap Moderate
Buffer ETF - November
1,024,964
2,617,175
21,103,329
(267,316
)
(390,665
)
(16,618
)
23,045,905
 
$10,475,301
$85,377,175
$(960,750
)
$(2,763,150
)
$(60,475
)
$92,068,101
$

First Trust Exchange-Traded Fund VIII
Additional Information
May 31, 2025 (Unaudited)
Valuation Inputs
The Funds are 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.