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 |
|
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 |
- |
|
|
|
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 |
5
Years |
Inception
(11/1/2017) |
5
Years |
Inception
(11/1/2017) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-0.44% |
2.02% |
2.27% |
10.53% |
13.77% |
Market
Price |
-0.41% |
2.03% |
2.28% |
10.55% |
13.81% |
Index
Performance |
|
|
|
|
|
Bloomberg
Municipal Bond Index |
0.93% |
1.87% |
1.72% |
9.69% |
10.27% |
Blended
Benchmark(1) |
1.59% |
2.69% |
2.73% |
14.17% |
16.73% |
|
Year
Ended July 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
asset value, beginning of period |
$49.12 |
$56.69 |
$51.93 |
$52.48 |
$50.32 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
1.82
(a) |
1.50 |
1.59 |
1.64 |
1.69 |
Net
realized and unrealized gain (loss) |
(2.08
) |
(7.50
) |
4.83
(b) |
(0.48
) |
2.27 |
Total
from investment operations |
(0.26
) |
(6.00
) |
6.42 |
1.16 |
3.96 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.78
) |
(1.49
) |
(1.59
) |
(1.62
) |
(1.67
) |
Return of
capital |
(0.03
) |
(0.08
) |
(0.07
) |
(0.09
) |
(0.13
) |
Total
distributions |
(1.81
) |
(1.57
) |
(1.66
) |
(1.71
) |
(1.80
) |
Net
asset value, end of period |
$47.05 |
$49.12 |
$56.69 |
$51.93 |
$52.48 |
Total
Return (c) |
(0.44
)% |
(10.74
)% |
12.57
%(b) |
2.25
% |
8.05
% |
Ratios
to average net assets/supplemental data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$409,328 |
$338,955 |
$283,461 |
$111,650 |
$62,979 |
Ratio of
total expenses to average net assets |
0.70
% |
0.70
% |
0.70
% |
0.70
% |
0.70
% |
Ratio of
net expenses to average net assets |
0.65
% |
0.55
% |
0.55
% |
0.55
% |
0.55
% |
Ratio of
net investment income (loss) to average net assets |
3.88
% |
2.87
% |
3.00
% |
3.22
% |
3.44
% |
Portfolio
turnover rate (d) |
69
% |
79
% |
19
% |
89
% |
71
% |
First
Trust
Exchange-Traded
Fund III |