Rule 497(k)
File No. 333-176976
First Trust
Exchange-Traded Fund III
|
Ticker Symbol:
|
FMHI
|
Exchange:
|
The Nasdaq Stock Market LLC
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
Management Fees
|
0.70%
|
Distribution and Service (12b-1) Fees
|
0.00%
|
Other Expenses
|
0.00%
|
Total Annual Fund Operating Expenses
|
0.70%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$72
|
$224
|
$390
|
$871
|
|
Return
|
Period Ended
|
Best Quarter
|
4.62%
|
June 30, 2020
|
Worst Quarter
|
-7.91%
|
March 31, 2022
|
Year-to-Date
|
0.24%
|
September 30, 2023
|
|
1 Year
|
5 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
-14.66%
|
1.51%
|
1.74%
|
11/1/2017
|
Return After Taxes on Distributions
|
-15.83%
|
0.16%
|
0.41%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
-8.65%
|
0.61%
|
0.80%
|
|
Bloomberg Municipal Bond Index (reflects no deduction for fees,
expenses or taxes)
|
-8.53%
|
1.25%
|
1.32%
|
|
Blended Benchmark(1) (reflects no deduction for fees, expenses or taxes)
|
-7.95%
|
2.28%
|
2.29%
|
|
H]: 'T4@(90RD$$
M9!'>EH XZ+_DLUY_V+T'_I1+78UQT7_)9KS_ +%Z#_THEKL: "BBB@ HHKQS
M^WM=FFN&_MN\4"XE4*NP 2, !\OH!0!J:-I7B"3Q]#?W_A(V&FV!N1IR6UQ
M;B*,R EI' 8LSN>, +N^IJCXB\,>*==N-7D71/*;Q!:6<3,UW$?[,>&0ELD
M'+#&&&P'GTJ+^V=<_P"@[?\ YI_\31_;.N?]!V__ #3_ .)H T],\#^(K?X@
M2W^HS:?>V%[8W,5]9G(55 (&T*F,9(-:.@Z!KNB>(X9+> KI
MMP[F?S9$=D3,A 8YSN+%7^7C+N#P%-
6ND
MW2*#\4/W@4U&(Y( B.+U259&T("5@5&(8+D $.5JE":981TKB,H]*K*/Y)MD
M!F9$C'\I8@-+(I$0"AB* !#! #+* =D4LO)A;)RC.& !! @ &*43TL.&-$0
MRBF*6PU!1K*4B3!3B,#D'9-?G+3A!AYY#&<28@,.0 UN4$ !#@@ TPPG!^_
M64FV2&"@YA1>!Y9$@">=0P FDL O&3+/')IBF.;)9'Y6Z4TXK@$;_OQ#!\;^
MR4Z0"& !&\55R$5CJA*9^)/-37G)
MU*9N +F#5D" ( [
end
3$LPPCQ4X9\-GO