First
Trust
Exchange-Traded
Fund III |
Ticker
Symbol: |
FMNY |
Exchange: |
NYSE
Arca |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
Management
Fees(1) |
|
Distribution
and Service (12b-1) Fees |
|
Other
Expenses |
|
Total Annual
Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
Average
Annual |
Cumulative |
|
1
Year |
Inception
(5/12/2021) |
Inception
(5/12/2021) |
Fund
Performance |
|
|
|
Net Asset
Value |
-9.66% |
-6.57% |
-7.95% |
Market
Price |
-9.73% |
-6.62% |
-8.02% |
Index
Performance |
|
|
|
Bloomberg
Municipal New York 12-17 Years Index |
-8.05% |
-5.34% |
-6.47% |
|
Year
Ended July 31, |
Period
Ended
7/31/2021(a)
|
|
2022 | |
Net
asset value, beginning of period |
$30.51 |
$30.00 |
Income
from investment operations: |
|
|
Net
investment income (loss) |
0.68 |
0.09 |
Net
realized and unrealized gain (loss) |
(3.61) |
0.48 |
Total
from investment operations |
(2.93) |
0.57 |
Distributions
paid to shareholders from: |
|
|
Net
investment income |
(0.46) |
(0.04) |
Net
realized gain |
— |
(0.02) |
Total
Distributions |
(0.46) |
(0.06) |
Net
asset value, end of period |
$27.12 |
$30.51 |
Total
Return (b) |
(9.66)% |
1.90% |
Ratios/supplemental
data: |
|
|
Net
assets, end of period (in 000’s) |
$10,848 |
$15,256 |
Ratios
to average net assets: |
|
|
Ratio of
total expenses to average net assets |
0.65% |
0.65%
(c) |
Ratio of
net expenses to average net assets |
0.50% |
0.50%
(c) |
Ratio of
net investment income (loss) to average net assets |
2.18% |
1.41%
(c) |
Portfolio
turnover rate (d) |
154% |
16% |
First
Trust
Exchange-Traded
Fund III |