First
Trust
Exchange-Traded
Fund III |
Ticker
Symbol: |
FCAL |
Exchange: |
Nasdaq |
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 10
Year California Exempt Index (reflects no deduction for fees,
expenses or
taxes) |
|
|
|
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(6/20/2017) |
5
Years |
Inception
(6/20/2017) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-8.33% |
2.31% |
2.36% |
12.11% |
12.67% |
Market
Price |
-8.62% |
2.24% |
2.31% |
11.72% |
12.37% |
Index
Performance |
|
|
|
|
|
Bloomberg
10 Year California Exempt Index |
-6.07% |
1.80% |
1.82% |
9.34% |
9.64% |
|
Year
Ended July 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$55.37 |
$53.16 |
$52.70 |
$50.11 |
$50.14 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
1.08 |
1.16 |
1.17 |
1.49 |
1.45 |
Net
realized and unrealized gain (loss) |
(5.65) |
2.19(a) |
0.51 |
2.60 |
(0.04) |
Total
from investment operations |
(4.57) |
3.35 |
1.68 |
4.09 |
1.41 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.08) |
(1.14) |
(1.17) |
(1.50) |
(1.40) |
Net
realized gain |
— |
— |
— |
— |
(0.04) |
Return of
capital |
(0.01) |
— |
(0.05) |
— |
— |
Total
Distributions |
(1.09) |
(1.14) |
(1.22) |
(1.50) |
(1.44) |
Net
asset value, end of period |
$49.71 |
$55.37 |
$53.16 |
$52.70 |
$50.11 |
Total
Return (b) |
(8.33)% |
6.37%(a) |
3.23% |
8.32% |
2.83% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$121,778 |
$105,199 |
$87,706 |
$34,257 |
$17,539 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.65% |
0.65% |
0.65% |
0.65% |
0.65% |
Ratio of
net expenses to average net assets |
0.50% |
0.50% |
0.50% |
0.50% |
0.50% |
Ratio of
net investment income (loss) to average net assets |
2.09% |
2.16% |
2.28% |
3.01% |
2.97% |
Portfolio
turnover rate (c) |
30% |
25% |
81% |
69% |
91% |
First
Trust
Exchange-Traded
Fund III |