First
Trust
Exchange-Traded
Fund III |
Ticker
Symbol: |
FSMB |
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 |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
1
Year |
Since
Inception |
Inception
Date |
Return Before
Taxes |
|
|
|
Return After
Taxes on Distributions |
|
|
|
Return After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
Bloomberg
Municipal Short (1-5) Year Index (reflects no deduction for fees,
expenses or
taxes) |
|
|
|
|
|
Average
Annual |
Cumulative |
|
1
Year |
Inception
(11/1/2018) |
Inception
(11/1/2018) |
Fund
Performance |
|
|
|
Net Asset
Value |
-3.19% |
1.74% |
6.69% |
Market
Price |
-3.14% |
1.76% |
6.74% |
Index
Performance |
|
|
|
Bloomberg
Municipal Short (1-5) Year Index |
-2.49% |
1.53% |
5.87% |
|
Year
Ended July 31, |
Period
Ended
7/31/2019
(a) | ||
|
2022 |
2021 |
2020 | |
Net
asset value, beginning of period |
$20.96 |
$20.66 |
$20.48 |
$20.00 |
Income
from investment operations: |
|
|
|
|
Net
investment income (loss) |
0.21 |
0.27 |
0.38 |
0.34 |
Net
realized and unrealized gain (loss) |
(0.88) |
0.33 |
0.22 |
0.45 |
Total
from investment operations |
(0.67) |
0.60 |
0.60 |
0.79 |
Distributions
paid to shareholders from: |
|
|
|
|
Net
investment income |
(0.21) |
(0.27) |
(0.41) |
(0.31) |
Return of
capital |
(0.02) |
(0.03) |
(0.01) |
— |
Total
distributions |
(0.23) |
(0.30) |
(0.42) |
(0.31) |
Net
asset value, end of period |
$20.06 |
$20.96 |
$20.66 |
$20.48 |
Total
Return (b) |
(3.19)% |
2.92% |
2.98% |
3.98% |
Ratios
to average net assets /supplemental data: |
|
|
|
|
Net
assets, end of period (in 000’s) |
$302,967 |
$129,931 |
$61,967 |
$19,454 |
Ratio of
total expenses to average net assets |
0.55% |
0.55% |
0.55% |
0.55%(c) |
Ratio of
net expenses to average net assets |
0.35% |
0.43% |
0.45% |
0.45%(c) |
Ratio of
net investment income (loss) to average net assets |
1.14% |
1.33% |
2.00% |
2.23%(c) |
Portfolio
turnover rate (d) |
35% |
16% |
58% |
66% |
First
Trust
Exchange-Traded
Fund III |