First
Trust
Exchange-Traded
Fund III |
Ticker
Symbol: |
FUMB
|
Exchange:
|
NYSE
Arca |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price)
|
|
Management
Fees
|
|
Distribution
and Service (12b-1) Fees
|
|
Other
Expenses
|
|
Total
Annual Fund Operating Expenses
|
|
Fee
Waiver(1)
|
|
Total
Annual Fund Operating Expenses After Fee Waiver
|
|
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-Term 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 |
0.72% |
1.48% |
4.12% |
Market
Price |
0.67% |
1.48% |
4.12% |
Index
Performance
|
|
|
|
Bloomberg
Municipal Short-Term Index |
0.41% |
1.23% |
3.42% |
|
Year
Ended July 31, |
Period
Ended
7/31/2019
(a) | |
|
2021 |
2020 | |
Net
asset value, beginning of period |
$20.16 |
$20.10 |
$20.00 |
Income
from investment operations: |
|
|
|
Net
investment income (loss) |
0.12 |
0.25 |
0.26 |
Net
realized and unrealized gain (loss) |
0.02 |
0.07 |
0.09 |
Total from
investment operations |
0.14 |
0.32 |
0.35 |
Distributions
paid to shareholders from: |
|
|
|
Net
investment income |
(0.12) |
(0.26) |
(0.25) |
Net
realized gain |
— |
(b)(0.00) |
— |
Return of
capital |
— |
(b)(0.00) |
— |
Total
distributions |
(0.12) |
(0.26) |
(0.25) |
Net
asset value, end of period |
$20.18 |
$20.16 |
$20.10 |
Total
Return (c) |
0.72% |
1.61% |
1.75% |
Ratios
to average net assets /supplemental data: |
|
|
|
Net
assets, end of period (in 000’s) |
$165,474 |
$83,661 |
$20,098 |
Ratio of
total expenses to average net assets |
0.45% |
0.45% |
(d)0.45% |
Ratio of
net expenses to average net assets |
0.26% |
0.35% |
(d)0.35% |
Ratio of
net investment income (loss) to average net assets |
0.61% |
1.20% |
(d)1.73% |
Portfolio
turnover rate (e)
|
44% |
149% |
145% |
First
Trust
Exchange-Traded
Fund III |