First
Trust
Exchange-Traded
Fund III |
Ticker
Symbol: |
FPE |
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 |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Return Before
Taxes |
|
|
|
|
Return After
Taxes On Distributions |
|
|
|
|
Return After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
ICE BofA
Fixed Rate Preferred Securities Index (reflects no
deduction
for fees, expenses or taxes) |
|
|
|
|
Prior Blended
Index(1) (reflects no
deduction for fees, expenses or
taxes) |
|
|
|
|
ICE BofA US
Investment Grade Institutional Capital Securities Index
(reflects no
deduction for fees, expenses or taxes) |
|
|
|
|
Blended
Index(2),(3),(4) (reflects no
deduction for fees, expenses or
taxes) |
|
|
|
|
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(2/11/2013) |
5
Years |
Inception
(2/11/2013) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
11.26% |
6.50% |
5.86% |
37.03% |
64.34% |
Market
Price |
11.83% |
6.49% |
5.88% |
36.93% |
64.54% |
Index
Performance |
|
|
|
|
|
ICE BofA
Fixed Rate Preferred Securities Index |
6.27% |
5.59% |
5.84% |
31.23% |
63.98% |
Prior
Blended Index(1)
|
6.10% |
5.87% |
5.96% |
33.03% |
65.61% |
ICE BofA
US Investment Grade Institutional Capital
Securities
Index |
6.56% |
6.14% |
6.06% |
34.71% |
67.08% |
Blended
Index(2),(3),(4)
|
8.18% |
6.76% |
N/A |
38.68% |
N/A |
|
Year
Ended October 31, | ||||
|
2021 |
2020 |
2019 |
2018 |
2017 |
Net
asset value, beginning of period |
$19.23 |
$19.89 |
$18.76 |
$20.13 |
$19.47 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.90 |
1.00 |
1.08 |
1.08 |
1.08 |
Net
realized and unrealized gain (loss) |
1.24 |
(0.66) |
1.14 |
(1.37) |
0.66 |
Total
from investment operations |
2.14 |
0.34 |
2.22 |
(0.29) |
1.74 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.88) |
(0.94) |
(1.07) |
(1.08) |
(1.08) |
Return of
capital |
(0.04) |
(0.06) |
(0.02) |
(0.00)
(a)
|
(0.00)
(a)
|
Total
distributions |
(0.92) |
(1.00) |
(1.09) |
(1.08) |
(1.08) |
Net
asset value, end of period |
$20.45 |
$19.23 |
$19.89 |
$18.76 |
$20.13 |
Total
Return (b) |
11.26% |
1.94% |
12.25% |
(1.47)% |
9.24% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$7,698,246 |
$5,422,433 |
$4,678,519 |
$3,374,372 |
$3,026,083 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.85% |
0.85% |
0.85% |
0.85% |
0.85% |
Ratio of
net investment income (loss) to average net
assets |
4.54% |
5.24% |
5.69% |
5.56% |
5.54% |
Portfolio
turnover rate (c)
|
27% |
43% |
28% |
24% |
13% |
First
Trust
Exchange-Traded
Fund III |