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
|
|
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 (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 |
2.92% |
3.60% |
10.21% |
Market
Price |
2.87% |
3.60% |
10.21% |
Index
Performance
|
|
|
|
Bloomberg
Municipal Short (1-5) Year Index |
1.11% |
3.04% |
8.57% |
|
Year
Ended July 31, |
Period
Ended
7/31/2019
(a) | |
|
2021 |
2020 | |
Net
asset value, beginning of period |
$20.66 |
$20.48 |
$20.00 |
Income
from investment operations: |
|
|
|
Net
investment income (loss) |
0.27 |
0.38 |
0.34 |
Net
realized and unrealized gain (loss) |
0.33 |
0.22 |
0.45 |
Total from
investment operations |
0.60 |
0.60 |
0.79 |
Distributions
paid to shareholders from: |
|
|
|
Net
investment income |
(0.27) |
(0.41) |
(0.31) |
Return of
capital |
(0.03) |
(0.01) |
— |
Total
distributions |
(0.30) |
(0.42) |
(0.31) |
Net
asset value, end of period |
$20.96 |
$20.66 |
$20.48 |
Total
Return (b) |
2.92% |
2.98% |
3.98% |
Ratios
to average net assets /supplemental data: |
|
|
|
Net
assets, end of period (in 000’s) |
$129,931 |
$61,967 |
$19,454 |
Ratio of
total expenses to average net assets |
0.55% |
0.55% |
(c)0.55% |
Ratio of
net expenses to average net assets |
0.43% |
0.45% |
(c)0.45% |
Ratio of
net investment income (loss) to average net assets |
1.33% |
2.00% |
(c)2.23% |
Portfolio
turnover rate (d)
|
16% |
58% |
66% |
First
Trust
Exchange-Traded
Fund III |