First
Trust
Exchange-Traded
Fund III |
Ticker
Symbol: |
FMHI |
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
Municipal Bond Index (reflects no deduction for fees, expenses or
taxes) |
|
|
|
Blended
Benchmark(1) (reflects no
deduction for fees, expenses or taxes) |
|
|
|
|
|
Average
Annual |
Cumulative |
|
1
Year |
Inception
(11/1/2017) |
Inception
(11/1/2017) |
Fund
Performance |
|
|
|
Net Asset
Value |
-10.74% |
2.85% |
14.26% |
Market
Price |
-10.77% |
2.85% |
14.28% |
Index
Performance |
|
|
|
Bloomberg
Municipal Bond Index |
-6.93% |
1.88% |
9.26% |
Blended
Benchmark(1) |
-5.93% |
2.97% |
14.90% |
|
Year
Ended July 31, |
Period
Ended
7/31/2018(a)
| |||
|
2022 |
2021 |
2020 |
2019 | |
Net
asset value, beginning of period |
$56.69 |
$51.93 |
$52.48 |
$50.32 |
$50.00 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
1.50 |
1.59 |
1.64 |
1.69 |
1.15 |
Net
realized and unrealized gain (loss) |
(7.50) |
4.83(b) |
(0.48) |
2.27 |
0.30 |
Total
from investment operations |
(6.00) |
6.42 |
1.16 |
3.96 |
1.45 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.49) |
(1.59) |
(1.62) |
(1.67) |
(1.13) |
Return of
capital |
(0.08) |
(0.07) |
(0.09) |
(0.13) |
___ |
Total
distributions |
(1.57) |
(1.66) |
(1.71) |
(1.80) |
(1.13) |
Net
asset value, end of period |
$49.12 |
$56.69 |
$51.93 |
$52.48 |
$50.32 |
Total
Return (c) |
(10.74)% |
12.57%(b) |
2.25% |
8.05% |
2.93% |
Ratios
to average net assets/supplemental data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$338,955 |
$283,461 |
$111,650 |
$62,979 |
$27,677 |
Ratio of
total expenses to average net assets |
0.70% |
0.70% |
0.70% |
0.70% |
0.70%(d) |
Ratio of
net expenses to average net assets |
0.55% |
0.55% |
0.55% |
0.55% |
0.55%(d) |
Ratio of
net investment income (loss) to average net assets |
2.87% |
3.00% |
3.22% |
3.44% |
3.13%(d) |
Portfolio
turnover rate (e) |
79% |
19% |
89% |
71% |
74% |
First
Trust
Exchange-Traded
Fund III |