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(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 Short-Term 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 |
-0.45% |
0.96% |
3.65% |
Market
Price |
-0.45% |
0.96% |
3.65% |
Index
Performance |
|
|
|
Bloomberg
Municipal Short-Term Index |
0.36% |
1.00% |
3.80% |
|
Year
Ended July 31, |
Period
Ended
7/31/2019
(a) | ||
|
2022 |
2021 |
2020 | |
Net
asset value, beginning of period |
$20.18 |
$20.16 |
$20.10 |
$20.00 |
Income
from investment operations: |
|
|
|
|
Net
investment income (loss) |
0.10 |
0.12 |
0.25 |
0.26 |
Net
realized and unrealized gain (loss) |
(0.19) |
0.02 |
0.07 |
0.09 |
Total
from investment operations |
(0.09) |
0.14 |
0.32 |
0.35 |
Distributions
paid to shareholders from: |
|
|
|
|
Net
investment income |
(0.10) |
(0.12) |
(0.26) |
(0.25) |
Net
realized gain |
— |
— |
(0.00)(b) |
— |
Return of
capital |
— |
— |
(0.00)(b) |
— |
Total
distributions |
(0.10) |
(0.12) |
(0.26) |
(0.25) |
Net
asset value, end of period |
$19.99 |
$20.18 |
$20.16 |
$20.10 |
Total
Return (c) |
(0.45)% |
0.72% |
1.61% |
1.75% |
Ratios
to average net assets /supplemental data: |
|
|
|
|
Net
assets, end of period (in 000’s) |
$285,807 |
$165,474 |
$83,661 |
$20,098 |
Ratio of
total expenses to average net assets |
0.45% |
0.45% |
0.45% |
0.45%(d) |
Ratio of
net expenses to average net assets |
0.25% |
0.26% |
0.35% |
0.35%(d) |
Ratio of
net investment income (loss) to average net assets |
0.56% |
0.61% |
1.20% |
1.73%(d) |
Portfolio
turnover rate (e) |
79% |
44% |
149% |
145% |
First
Trust
Exchange-Traded
Fund III |