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 |
|
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) |
|
|
|
Bloomberg
Municipal Bond 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 |
1.83% |
1.14% |
5.55% |
Market
Price |
1.78% |
1.13% |
5.50% |
Index
Performance |
|
|
|
Bloomberg
Municipal Short-Term Index |
2.14% |
1.24% |
6.02% |
|
Year
Ended July 31, |
Period
Ended
7/31/2019
(a) | |||
|
2023 |
2022 |
2021 |
2020 | |
Net
asset value, beginning of period |
$19.99 |
$20.18 |
$20.16 |
$20.10 |
$20.00 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.39
(b) |
0.10 |
0.12 |
0.25 |
0.26 |
Net
realized and unrealized gain (loss) |
(0.03
) |
(0.19
) |
0.02 |
0.07 |
0.09 |
Total
from investment operations |
0.36 |
(0.09
) |
0.14 |
0.32 |
0.35 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.38
) |
(0.10
) |
(0.12
) |
(0.26
) |
(0.25
) |
Net
realized gain |
— |
— |
— |
(0.00
)(c) |
— |
Return of
capital |
— |
— |
— |
(0.00
)(c) |
— |
Total
distributions |
(0.38
) |
(0.10
) |
(0.12
) |
(0.26
) |
(0.25
) |
Net
asset value, end of period |
$19.97 |
$19.99 |
$20.18 |
$20.16 |
$20.10 |
Total
Return (d) |
1.83
% |
(0.45
)% |
0.72
% |
1.61
% |
1.75
% |
Ratios
to average net assets /supplemental data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$269,545 |
$285,807 |
$165,474 |
$83,661 |
$20,098 |
Ratio of
total expenses to average net assets |
0.45
% |
0.45
% |
0.45
% |
0.45
% |
0.45
%(e) |
Ratio of
net expenses to average net assets |
0.39
% |
0.25
% |
0.26
% |
0.35
% |
0.35
%(e) |
Ratio of
net investment income (loss) to average net assets |
1.93
% |
0.56
% |
0.61
% |
1.20
% |
1.73
%(e) |
Portfolio
turnover rate (f) |
121
% |
79
% |
44
% |
149
% |
145
% |
First
Trust
Exchange-Traded
Fund III |