PAGE 1
000 A000000 06/30/2005
000 C000000 1291334
000 D000000 N
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000 F000000 Y
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000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 FIRST TRUST FIDUCIARY ASSET MANAGEMENT COVERE
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001 C000000 6302414141
002 A000000 1001 WARRENVILLE ROAD
002 B000000 LISLE
002 C000000 IL
002 D010000 60532
003 000000 N
004 000000 N
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007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
020 A000001 PIPER JAFFRAY & CO.
020 B000001 41-0953246
020 C000001 94
020 A000002 BANK OF AMERICA SECURITIES, LLC
020 B000002 13-4078651
020 C000002 59
020 A000003 INSTINET, LLC
020 B000003 13-4134098
020 C000003 55
020 A000004 MORGAN STANLEY & CO., INC.
020 B000004 36-3145972
020 C000004 45
020 A000005 SUSQUEHANNA CAPITAL GROUP
020 B000005 23-2626048
020 C000005 24
020 A000006 LEHMAN BROTHERS, INC.
020 B000006 13-2518466
020 C000006 24
020 A000007 MERRILL LYNCH & CO INC.
PAGE 2
020 B000007 13-2740599
020 C000007 24
020 A000008 THE GOLDMAN SACHS GROUP INC.
020 B000008 13-5108880
020 C000008 13
020 A000009 ISI CAPITAL, LLC
020 B000009 13-4034277
020 C000009 10
020 A000010 CITIGROUP GLOBAL MARKETS INC.
020 B000010 06-1274088
020 C000010 10
021 000000 358
022 A000001 J.P. MORGAN SECURITIES INC.
022 B000001 13-3379014
022 C000001 7940
022 D000001 0
022 A000002 THE GOLDMAN SACHS GROUP INC.
022 B000002 13-5108880
022 C000002 7909
022 D000002 0
022 A000003 MERRILL LYNCH & CO INC.
022 B000003 13-2740599
022 C000003 0
022 D000003 6997
022 C000004 0
022 D000004 0
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023 C000000 15849
023 D000000 6997
024 000000 Y
025 A000001 THE GOLDMAN SACHS GROUP, INC.
025 B000001 13-5108880
025 C000001 E
025 D000001 7856
025 A000002 THE BEAR STEARNS COMPANIES INC.
025 B000002 13-3286161
025 C000002 E
025 D000002 7245
025 A000003 LEHMAN BROTHERS HOLDINGS, INC.
025 B000003 13-2518466
PAGE 3
025 C000003 E
025 D000003 11983
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025 D000008 0
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072 A000000 6
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074 T000000 373132
075 A000000 0
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077 A000000 Y
087 A010000 COMMON STOCK
087 A020000 337318109
087 A030000 FFA
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE MARK BRADLEY
TITLE TREASURER