Blanket Bond Insurance Agreement

This Agreement is made as of the 9th day of October 2025, 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 $37,000,000 (“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 $34,150,000 (“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.

In Witness Whereof, the Parties have caused this Agreement to be executed as of the day and year first above written.

First Trust Enhanced Equity Income Fund

First Trust Senior Floating Rate Income Fund II

First Trust Mortgage Income Fund

First Trust Intermediate Duration Preferred & Income Fund

First Trust High Yield Opportunities 2027 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^® Fund

First Trust Exchange-Traded AlphaDEX^® Fund II

First Trust Series Fund

First Trust Variable Insurance Trust

FT Cayman Subsidiary I

FT Cayman Subsidiary II

FT Cayman Subsidiary III

FT Cayman Subsidiary IV

FT Cayman Subsidiary V

FT Cayman Subsidiary VI

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, International General Counsel

Appendix A

First Trust Series Fund

First Trust Managed Municipal Fund

First Trust Preferred Securities and Income Fund

First Trust Short Duration High Income Fund

First Trust WCM Focused Global Growth Fund

First Trust/Confluence Small Cap Value Fund

First Trust Variable Insurance Trust

First Trust Capital Strength® Hedged Equity Portfolio

First Trust Capital Strength® Portfolio

First Trust Dorsey Wright Tactical Core Portfolio

First Trust Growth Strength™ Portfolio

First Trust International Developed Capital Strength® Portfolio

First Trust Multi Income Allocation Portfolio

First Trust/Dow Jones Dividend & Income Allocation Portfolio

Closed-End Funds

First Trust Enhanced Equity Income Fund

First Trust High Yield Opportunities 2027 Term Fund

First Trust Intermediate Duration Preferred & Income Fund

First Trust Mortgage Income Fund

First Trust Senior Floating Rate Income Fund II

First Trust Exchange-Traded Fund

First Trust Bloomberg Inflation Sensitive Equity ETF

First Trust Capital Strength® ETF

First Trust Dividend Strength™ ETF

First Trust Dow 30 Equal Weight ETF

First Trust Dow Jones Internet Index Fund

First Trust Dow Jones Select MicroCap Index Fund

First Trust Growth Strength™ ETF

First Trust Indxx Aerospace & Defense ETF

First Trust Lunt U.S. Factor Rotation ETF

First Trust Morningstar Dividend Leaders Index Fund

First Trust NASDAQ^® ABA Community Bank Index Fund

First Trust NASDAQ^® Clean Edge^® Green Energy Index Fund

First Trust NASDAQ-100 Equal Weighted Index Fund

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

First Trust NASDAQ-100-Technology Sector Index Fund

First Trust Natural Gas ETF

First Trust NYSE^® Arca^® Biotechnology Index Fund

First Trust S&P 500 Diversified Free Cash Flow ETF

First Trust S&P REIT Index Fund

First Trust US Equity Opportunities ETF

First Trust Value Line^® Dividend Index Fund

First Trust Water ETF

First Trust WCM Developing World Equity ETF

First Trust WCM International Equity ETF

FT Vest Bitcoin Strategy & Target Income ETF

FT Vest Bitcoin Strategy Floor15 ETF – April

FT Vest Bitcoin Strategy Floor15 ETF – July

FT Vest Bitcoin Strategy Floor15 ETF – October

FT Vest Gold Strategy Quarterly Buffer ETF

FT Vest Gold Strategy Target Income ETF^®

First Trust Exchange-Traded AlphaDEX^® Fund

First Trust Consumer Discretionary AlphaDEX^® Fund

First Trust Consumer Staples AlphaDEX^® Fund

First Trust Energy AlphaDEX^® Fund

First Trust Financials AlphaDEX^® Fund

First Trust Health Care AlphaDEX^® Fund

First Trust Industrials/Producer Durables AlphaDEX^® Fund

First Trust Large Cap Core AlphaDEX^® Fund

First Trust Large Cap Growth AlphaDEX^® Fund

First Trust Large Cap Value AlphaDEX^® Fund

First Trust Materials AlphaDEX^® Fund

First Trust Mid Cap Core AlphaDEX^® Fund

First Trust Mid Cap Growth AlphaDEX^® Fund

First Trust Mid Cap Value AlphaDEX^® Fund

First Trust Multi Cap Growth AlphaDEX^® Fund

First Trust Multi Cap Value AlphaDEX^® Fund

First Trust Small Cap Core AlphaDEX^® Fund

First Trust Small Cap Growth AlphaDEX^® Fund

First Trust Small Cap Value AlphaDEX^® Fund

First Trust Technology AlphaDEX^® Fund

First Trust Utilities AlphaDEX^® Fund

First Trust Exchange-Traded Fund II

First Trust Alerian Disruptive Technology Real Estate ETF

First Trust Alerian U.S. NextGen Infrastructure ETF

First Trust Bloomberg Artificial Intelligence ETF

First Trust Bloomberg Emerging Market Democracies ETF

First Trust Bloomberg Nuclear Power ETF

First Trust Cloud Computing ETF

First Trust Dow Jones Global Select Dividend Index Fund

First Trust Dow Jones International Internet ETF

First Trust Emerging Markets Human Flourishing ETF

First Trust Global Wind Energy ETF

First Trust Indxx Global Agriculture ETF

First Trust Indxx Global Natural Resources Income ETF

First Trust Indxx Metaverse ETF

First Trust Indxx NextG ETF

First Trust International Equity Opportunities ETF

First Trust IPOX^® Europe Equity Opportunities ETF

First Trust Nasdaq Cybersecurity ETF

First Trust Nasdaq Lux Digital Health Solutions ETF

First Trust NASDAQ^® Clean Edge^® Smart Grid Infrastructure Index Fund

First Trust S-Network Future Vehicles & Technology ETF

First Trust STOXX^® European Select Dividend Index Fund

First Trust Exchange-Traded AlphaDEX^® Fund II

First Trust Asia Pacific ex-Japan AlphaDEX^® Fund

First Trust China AlphaDEX^® Fund

First Trust Developed Markets ex-US AlphaDEX^® Fund

First Trust Developed Markets ex-US Small Cap AlphaDEX^® Fund

First Trust Emerging Markets AlphaDEX^® Fund

First Trust Emerging Markets Small Cap AlphaDEX^® Fund

First Trust Europe AlphaDEX^® Fund

First Trust Eurozone AlphaDEX® ETF

First Trust Germany AlphaDEX^® Fund

First Trust India NIFTY 50 Equal Weight ETF

First Trust Japan AlphaDEX^® Fund

First Trust Latin America AlphaDEX^® Fund

First Trust Switzerland AlphaDEX^® Fund

First Trust United Kingdom AlphaDEX^® Fund

First Trust Exchange-Traded Fund III

First Trust California Municipal High Income ETF

First Trust Emerging Markets Local Currency Bond ETF

First Trust Horizon Managed Volatility Developed International ETF

First Trust Horizon Managed Volatility Domestic ETF

First Trust Horizon Managed Volatility Small/Mid ETF

First Trust Institutional Preferred Securities and Income ETF

First Trust Long/Short Equity ETF

First Trust Managed Municipal ETF

First Trust Merger Arbitrage ETF

First Trust Municipal High Income ETF

First Trust New York Municipal High Income ETF

First Trust Preferred Securities and Income ETF

First Trust RiverFront Dynamic Developed International ETF

First Trust RiverFront Dynamic Emerging Markets ETF

First Trust RiverFront Dynamic Europe ETF

First Trust Short Duration Managed Municipal ETF

First Trust Ultra Short Duration Municipal ETF

First Trust Exchange-Traded Fund IV

First Trust AAA CMBS ETF

First Trust Core Investment Grade ETF

First Trust EIP Power Solutions ETF

First Trust Enhanced Short Maturity ETF

First Trust High Income Strategic Focus ETF

First Trust Intermediate Duration Investment Grade Corporate ETF

First Trust Intermediate Government Opportunities ETF

First Trust Limited Duration Investment Grade Corporate ETF

First Trust Long Duration Opportunities ETF

First Trust Low Duration Opportunities ETF

First Trust North American Energy Infrastructure Fund

First Trust Senior Loan Fund

First Trust SSI Strategic Convertible Securities ETF

First Trust Structured Credit Income Opportunities ETF

First Trust Tactical High Yield ETF

FT Energy Income Partners Strategy ETF

FT Vest 20+ Year Treasury & Target Income ETF

FT Vest DJIA^® Dogs 10 Target Income ETF

FT Vest Dow Jones Internet & Target Income ETF

FT Vest Growth Strength & Target Income ETF

FT Vest High Yield & Target Income ETF

FT Vest Investment Grade & Target Income ETF

FT Vest Rising Dividend Achievers Target Income ETF

FT Vest S&P 500^® Dividend Aristocrats Target Income ETF^®

FT Vest SMID Rising Dividend Achievers Target Income ETF

FT Vest Technology Dividend Target Income ETF

First Trust Exchange-Traded Fund V

First Trust Managed Futures Strategy Fund

First Trust Exchange-Traded Fund VI

Emerging Markets Equity Select ETF

First Trust Balanced Income ETF

First Trust Bloomberg R&D Leaders ETF

First Trust Bloomberg Shareholder Yield ETF

First Trust BuyWrite Income ETF

First Trust Dorsey Wright DALI Equity ETF

First Trust Dorsey Wright Dynamic Focus 5 ETF

First Trust Dorsey Wright Focus 5 ETF

First Trust Dorsey Wright International Focus 5 ETF

First Trust Dorsey Wright Momentum & Dividend ETF

First Trust Dorsey Wright Momentum & Low Volatility ETF

First Trust Dorsey Wright Momentum & Value ETF

First Trust Indxx Innovative Transaction & Process ETF

First Trust Indxx Medical Devices ETF

First Trust International Developed Capital Strength^® ETF

First Trust Nasdaq Artificial Intelligence and Robotics ETF

First Trust Nasdaq Bank ETF

First Trust Nasdaq BuyWrite Income ETF

First Trust Nasdaq Food & Beverage ETF

First Trust Nasdaq Oil & Gas ETF

First Trust Nasdaq Pharmaceuticals ETF

First Trust Nasdaq Semiconductor ETF

First Trust NASDAQ Technology Dividend Index Fund

First Trust Nasdaq Transportation ETF

First Trust New Constructs Core Earnings Leaders ETF

First Trust RBA American Industrial Renaissance^® ETF

First Trust RBA Deglobalization ETF

First Trust Rising Dividend Achievers ETF

First Trust S&P 500 Diversified Dividend Aristocrats ETF

First Trust S&P 500 Economic Moat ETF

First Trust S&P International Dividend Aristocrats ETF

First Trust Small Cap BuyWrite Income ETF

First Trust SMID Cap Rising Dividend Achievers ETF

First Trust SMID Capital Strength ETF

First Trust SMID Growth Strength ETF

First Trust S-Network E-Commerce ETF

First Trust S-Network Streaming & Gaming ETF

Multi-Asset Diversified Income Index Fund

First Trust Exchange-Traded Fund VII

First Trust Alternative Absolute Return Strategy ETF

First Trust Global Tactical Commodity Strategy Fund

First Trust Exchange-Traded Fund VIII

First Trust Active Factor Large Cap ETF

First Trust Active Factor Mid Cap ETF

First Trust Active Factor Small Cap ETF

First Trust Active Global Quality Income ETF

First Trust Expanded Technology ETF

First Trust Flexible Municipal High Income ETF

First Trust Income Opportunities ETF

First Trust Innovation Leaders ETF

First Trust Low Duration Strategic Focus ETF

First Trust Multi-Manager Large Growth ETF

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust Multi-Strategy Alternative ETF

First Trust Securitized Plus ETF

First Trust SkyBridge Crypto Industry and Digital Economy ETF

First Trust Smith Opportunistic Fixed Income ETF

First Trust Smith Unconstrained Bond ETF

FT Confluence BDC & Specialty Finance Income ETF

FT Energy Income Partners Enhanced Income ETF

FT Raymond James Multicap Growth Equity ETF

FT Vest Buffered Allocation Defensive ETF

FT Vest Buffered Allocation Growth ETF

FT Vest Emerging Markets Buffer ETF – December

FT Vest Emerging Markets Buffer ETF – June

FT Vest Emerging Markets Buffer ETF – March

FT Vest Emerging Markets Buffer ETF – September

FT Vest International Equity Moderate Buffer ETF – December

FT Vest International Equity Moderate Buffer ETF – June

FT Vest International Equity Moderate Buffer ETF – March

FT Vest International Equity Moderate Buffer ETF – September

FT Vest Laddered Buffer ETF

FT Vest Laddered Deep Buffer ETF

FT Vest Laddered Enhance & Moderate Buffer ETF

FT Vest Laddered International Moderate Buffer ETF

FT Vest Laddered Max Buffer ETF

FT Vest Laddered Moderate Buffer ETF

FT Vest Laddered Nasdaq Buffer ETF

FT Vest Laddered Small Cap Moderate Buffer ETF

FT Vest Nasdaq-100^® Buffer ETF – December

FT Vest Nasdaq-100^® Buffer ETF – June

FT Vest Nasdaq-100^® Buffer ETF – March

FT Vest Nasdaq-100^® Buffer ETF – September

FT Vest Nasdaq-100^® Conservative Buffer ETF – April

FT Vest Nasdaq-100^® Conservative Buffer ETF – January

FT Vest Nasdaq-100^® Conservative Buffer ETF – July

FT Vest Nasdaq-100^® Conservative Buffer ETF – October

FT Vest Nasdaq-100^® Moderate Buffer ETF – August

FT Vest Nasdaq-100^® Moderate Buffer ETF – February

FT Vest Nasdaq-100^® Moderate Buffer ETF – May

FT Vest Nasdaq-100^® Moderate Buffer ETF – November

FT Vest U.S. Equity Buffer & Premium Income ETF – December

FT Vest U.S. Equity Buffer & Premium Income ETF – June

FT Vest U.S. Equity Buffer & Premium Income ETF – March

FT Vest U.S. Equity Buffer & Premium Income ETF – September

FT Vest U.S. Equity Buffer ETF – April

FT Vest U.S. Equity Buffer ETF – August

FT Vest U.S. Equity Buffer ETF – December

FT Vest U.S. Equity Buffer ETF – February

FT Vest U.S. Equity Buffer ETF – January

FT Vest U.S. Equity Buffer ETF – July

FT Vest U.S. Equity Buffer ETF – June

FT Vest U.S. Equity Buffer ETF – March

FT Vest U.S. Equity Buffer ETF – May

FT Vest U.S. Equity Buffer ETF – November

FT Vest U.S. Equity Buffer ETF – October

FT Vest U.S. Equity Buffer ETF – September

FT Vest U.S. Equity Deep Buffer ETF – April

FT Vest U.S. Equity Deep Buffer ETF – August

FT Vest U.S. Equity Deep Buffer ETF – December

FT Vest U.S. Equity Deep Buffer ETF – February

FT Vest U.S. Equity Deep Buffer ETF – January

FT Vest U.S. Equity Deep Buffer ETF – July

FT Vest U.S. Equity Deep Buffer ETF – June

FT Vest U.S. Equity Deep Buffer ETF – March

FT Vest U.S. Equity Deep Buffer ETF – May

FT Vest U.S. Equity Deep Buffer ETF – November

FT Vest U.S. Equity Deep Buffer ETF – October

FT Vest U.S. Equity Deep Buffer ETF – September

FT Vest U.S. Equity Dual Directional Buffer ETF - August

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – April

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – August

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – December

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – February

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – January

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – July

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – May

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – November

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – October

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – September

FT Vest U.S. Equity Equal Weight Buffer ETF – December

FT Vest U.S. Equity Equal Weight Buffer ETF – June

FT Vest U.S. Equity Equal Weight Buffer ETF – March

FT Vest U.S. Equity Equal Weight Buffer ETF – September

FT Vest U.S. Equity Max Buffer ETF – April

FT Vest U.S. Equity Max Buffer ETF – August

FT Vest U.S. Equity Max Buffer ETF – December

FT Vest U.S. Equity Max Buffer ETF – February

FT Vest U.S. Equity Max Buffer ETF – January

FT Vest U.S. Equity Max Buffer ETF – July

FT Vest U.S. Equity Max Buffer ETF – June

FT Vest U.S. Equity Max Buffer ETF – March

FT Vest U.S. Equity Max Buffer ETF – May

FT Vest U.S. Equity Max Buffer ETF – November

FT Vest U.S. Equity Max Buffer ETF – October

FT Vest U.S. Equity Max Buffer ETF – September

FT Vest U.S. Equity Moderate Buffer ETF – April

FT Vest U.S. Equity Moderate Buffer ETF – August

FT Vest U.S. Equity Moderate Buffer ETF – December

FT Vest U.S. Equity Moderate Buffer ETF – February

FT Vest U.S. Equity Moderate Buffer ETF – January

FT Vest U.S. Equity Moderate Buffer ETF – July

FT Vest U.S. Equity Moderate Buffer ETF – June

FT Vest U.S. Equity Moderate Buffer ETF – March

FT Vest U.S. Equity Moderate Buffer ETF – May

FT Vest U.S. Equity Moderate Buffer ETF – November

FT Vest U.S. Equity Moderate Buffer ETF – October

FT Vest U.S. Equity Moderate Buffer ETF – September

FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF

FT Vest U.S. Equity Quarterly Dynamic Buffer ETF

FT Vest U.S. Equity Quarterly Max Buffer ETF

FT Vest U.S. Equity Uncapped Accelerator ETF – April

FT Vest U.S. Equity Uncapped Accelerator ETF – January

FT Vest U.S. Equity Uncapped Accelerator ETF – July

FT Vest U.S. Equity Uncapped Accelerator ETF – October

FT Vest U.S. Small Cap Moderate Buffer ETF – August

FT Vest U.S. Small Cap Moderate Buffer ETF – February

FT Vest U.S. Small Cap Moderate Buffer ETF – May

FT Vest U.S. Small Cap Moderate Buffer ETF – November

Appendix B

Appendix C