RE · REAL ESTATE

First Trust Real Assets Fund

First Trust Capital Solutions · Interval Fund

Program Overview

Interval Fund

Peer Group Filters

Objectives: IncomeCapital AppreciationDiversificationTotal Return
Asset Class: Real EstatePrivate CreditDiversified
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

First Trust Capital Solutions

Asset Class

Real Estate

Issuer

First Trust Real Assets Fund

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Evergreen

Securities Offered

Equity - Class A Shares (FTRDX)Equity - Class I Shares (FTREX)

Target Leverage

Minimum 300% asset coverage Fund borrowing is capped by the Section 18 300% asset coverage test. A $1 million secured TriState Capital line, expiring September 23, 2026, was undrawn in fiscal 2026. Underlying funds, REITs and Sub-REITs may borrow with no limit set by the Fund.

Strategy Risk/Return Profile

Core, Core Plus, Value Add

Managing Broker-Dealer

First Trust Portfolios

Scale

1,382,816 Class I shares outstanding · 3,885 Class A shares outstanding · 37 Portfolio positions (schedule line items)

Minimum Investment

$1,000

Class A Shares (FTRDX) · waivable

Strategy Overview

The Fund seeks long-term real return (total return after inflation) through current income and long-term capital appreciation. It invests at least 80% of net assets in real assets and real asset companies, mainly private real estate funds, non-traded REITs, and real estate debt securities (residential and commercial mortgage-backed and asset-backed). The mandate also permits infrastructure, timberland and farmland (including through wholly owned Sub-REITs), private real asset debt, and precious metals through a Cayman subsidiary. A sub-adviser runs a structured credit sleeve. Fund borrowing is capped at 33 1/3% of total assets.

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