First Trust Exchange-Traded Fund III - First Trust Enhanced Short Maturity ETF
ETF
FTSM
Price as of:
$59.89
- $0.01
- 0.02%
Primary Theme
N/A
fund company
N/A
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$59.89
$7.4 B
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-
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$7.4 B
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
$59.9
$59.41
$59.90
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$59.89
$7.4 B
-
-
FTSM - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency N/A
Fund Details
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Legal NameFirst Trust Exchange-Traded Fund III - First Trust Enhanced Short Maturity ETF
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Fund Family NameN/A
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Inception DateN/A
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Shares OutstandingN/A
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Share ClassN/A
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CurrencyUSD
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Domiciled CountryN/A
Fund Description
Under normal market conditions, the Fund intends to achieve its investment objective by investing at least 80% of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate debt securities, including securities issued or guaranteed by the U.S. government or its agencies, instrumentalities or U.S. government-sponsored entities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. corporate bonds, fixed income securities issued by non-U.S. corporations and governments, municipal obligations, privately issued securities and other debt securities bearing fixed or floating interest rates. The Fund may also invest in money market securities.The Fund’s investment advisor selects securities for the portfolio by evaluating fixed income sectors and macro market trends while completing bottom-up analysis of individual securities. Portfolio securities are selected based upon relative value in the context of overall portfolio duration. Key inputs for the screens in the securities selection process include, but are not limited to, credit quality, yield, interest rate sensitivity and liquidity. The Fund’s holdings are systematically monitored for meaningful changes in performance and risk measures. A security will generally be sold when the Fund’s investment advisor believes that a security can be substituted for a similar investment that represents better relative value; it lacks adequate compensation for embedded credit risk; or when rebalancing the portfolio to maintain diversification.At least 80% of the Fund’s net assets will be invested in debt securities that are, at the time of purchase, investment grade. For an unrated security to be considered investment grade, the Fund’s investment advisor will consider, at the time of purchase, whether such security is of comparable quality based on fundamental credit analysis of the unrated security and comparable securities that are rated by a nationally recognized statistical rating organization (“NRSRO”).Under normal market conditions, the Fund’s portfolio is expected to have an average duration of less than one year and an average maturity of less than three years. Maturity is measured differently depending on the type of debt security. For asset-backed securities and mortgage-related securities, maturity is calculated using weighted average life, which is the estimated time to principal paydown for each underlying instrument held by the Fund, weighted according to the relative holdings per instrument. For all other debt securities, maturity is calculated using dollar-weighted average maturity, which is the average length of time to maturity. Duration is a measure of the expected price volatility of a debt instrument as a result of changes in market rates of interest, based on, among other factors, the weighted average timing of the instrument’s expected principal and interest payments. Duration differs from maturity in that it considers a security’s yield, coupon payments, principal payments, call features and coupon adjustments in addition to the amount of time until the security finally matures. In general, duration represents the expected percentage change in the value of a security for an immediate 1% change in interest rates. For example, if a portfolio of debt securities has an average duration of three years, its value can be expected to fall about 3% if interest rates rise by 1%. Conversely, the portfolio’s value can be expected to rise about 3% if interest rates fall by 1%. As a result, prices of instruments with shorter durations tend to be less sensitive to interest rate changes than instruments with longer durations. As the value of a security changes over time, so will its duration.The Fund may invest in asset-backed securities and mortgage-related securities. Asset-backed securities are fixed income securities that are backed by a pool of assets, usually loans such as installment sale contracts or credit card receivables. Mortgage-related securities are asset-backed securities based on a particular type of asset, a mortgage. There are a wide variety of mortgage-related securities involving commercial or residential, fixed rate or adjustable rate mortgages and mortgages issued by banks or government agencies. The Fund intends to limit its investments in privately-issued, non-agency sponsored mortgage- and asset-backed securities to 20% of its net assets.The Fund may invest up to 20% of its net assets in floating rate loans representing amounts borrowed by companies or other entities from banks and other lenders. A significant portion of these loans may be rated below investment grade or unrated. Floating rate loans held by the Fund may be senior or subordinate obligations of the borrower and may or may not be secured by collateral.The Fund may invest in investment companies, such as exchange-traded funds (“ETFs”), that invest primarily in debt securities. The debt securities held by the investment companies in the Fund’s portfolio will be counted towards the requirement that the Fund invest 80% of its net assets in debt securities. The Fund may invest in ETFs that are advised by First Trust Advisors LP, the Fund’s investment advisor. The Fund may also invest in restricted securities.
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FTSM - Performance
Return Ranking - Trailing
Period | FTSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FTSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | FTSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FTSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
FTSM - Holdings
Concentration Analysis
FTSM | Category Low | Category High | FTSM % Rank | |
---|---|---|---|---|
Net Assets | 7.4 B | N/A | N/A | N/A |
Number of Holdings | N/A | N/A | N/A | N/A |
Net Assets in Top 10 | N/A | N/A | N/A | N/A |
Weighting of Top 10 | N/A | N/A | N/A | N/A |
Top 10 Holdings
Asset Allocation
Weighting | Return Low | Return High | FTSM % Rank | |
---|---|---|---|---|
Stocks | 0.00% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Cash | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
FTSM - Expenses
Operational Fees
FTSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | N/A | N/A | N/A |
Management Fee | N/A | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
FTSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
FTSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FTSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
FTSM - Distributions
Dividend Yield Analysis
FTSM | Category Low | Category High | FTSM % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | N/A | N/A | N/A |
Dividend Distribution Analysis
FTSM | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency |
Net Income Ratio Analysis
FTSM | Category Low | Category High | FTSM % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
FTSM | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 05, 2024 | $0.255 | OrdinaryDividend |
Dec 29, 2023 | $0.253 | OrdinaryDividend |
Dec 05, 2023 | $0.243 | OrdinaryDividend |
Nov 03, 2023 | $0.244 | OrdinaryDividend |
Oct 04, 2023 | $0.247 | OrdinaryDividend |
Sep 06, 2023 | $0.247 | OrdinaryDividend |
Aug 03, 2023 | $0.240 | OrdinaryDividend |
Jul 06, 2023 | $0.229 | OrdinaryDividend |
Jun 05, 2023 | $0.229 | OrdinaryDividend |
May 03, 2023 | $0.214 | OrdinaryDividend |
Apr 05, 2023 | $0.208 | OrdinaryDividend |
Mar 03, 2023 | $0.201 | OrdinaryDividend |
Feb 03, 2023 | $0.201 | OrdinaryDividend |
Dec 30, 2022 | $0.191 | OrdinaryDividend |
Dec 05, 2022 | $0.159 | OrdinaryDividend |
Nov 03, 2022 | $0.137 | OrdinaryDividend |
Oct 05, 2022 | $0.110 | OrdinaryDividend |
Sep 06, 2022 | $0.099 | OrdinaryDividend |
Aug 03, 2022 | $0.083 | OrdinaryDividend |
Jul 06, 2022 | $0.056 | OrdinaryDividend |
Jun 03, 2022 | $0.042 | OrdinaryDividend |
May 04, 2022 | $0.028 | OrdinaryDividend |
Apr 05, 2022 | $0.024 | OrdinaryDividend |
Mar 03, 2022 | $0.017 | OrdinaryDividend |
Feb 03, 2022 | $0.017 | OrdinaryDividend |
Dec 31, 2021 | $0.017 | OrdinaryDividend |
Dec 03, 2021 | $0.014 | OrdinaryDividend |
Nov 03, 2021 | $0.014 | OrdinaryDividend |
Oct 05, 2021 | $0.014 | OrdinaryDividend |
Sep 03, 2021 | $0.014 | OrdinaryDividend |
Aug 04, 2021 | $0.018 | OrdinaryDividend |
Jul 06, 2021 | $0.020 | OrdinaryDividend |
Jun 03, 2021 | $0.020 | OrdinaryDividend |
May 05, 2021 | $0.025 | OrdinaryDividend |
Apr 06, 2021 | $0.025 | OrdinaryDividend |
Mar 03, 2021 | $0.025 | OrdinaryDividend |
Feb 03, 2021 | $0.029 | OrdinaryDividend |
Dec 31, 2020 | $0.035 | OrdinaryDividend |
Dec 03, 2020 | $0.033 | OrdinaryDividend |
Nov 04, 2020 | $0.035 | OrdinaryDividend |
Oct 05, 2020 | $0.035 | OrdinaryDividend |
Sep 03, 2020 | $0.038 | OrdinaryDividend |
Aug 05, 2020 | $0.045 | OrdinaryDividend |
Jul 06, 2020 | $0.056 | OrdinaryDividend |
Jun 03, 2020 | $0.070 | OrdinaryDividend |
May 05, 2020 | $0.084 | OrdinaryDividend |
Apr 03, 2020 | $0.094 | OrdinaryDividend |
Mar 04, 2020 | $0.093 | OrdinaryDividend |
Feb 05, 2020 | $0.101 | OrdinaryDividend |
Dec 31, 2019 | $0.104 | OrdinaryDividend |
Dec 04, 2019 | $0.106 | OrdinaryDividend |
Nov 05, 2019 | $0.110 | OrdinaryDividend |
Oct 03, 2019 | $0.110 | OrdinaryDividend |
Sep 05, 2019 | $0.116 | OrdinaryDividend |
Aug 05, 2019 | $0.125 | OrdinaryDividend |
Jul 03, 2019 | $0.126 | OrdinaryDividend |
Jun 05, 2019 | $0.128 | OrdinaryDividend |
May 03, 2019 | $0.126 | OrdinaryDividend |
Apr 03, 2019 | $0.126 | OrdinaryDividend |
Mar 05, 2019 | $0.126 | OrdinaryDividend |
Feb 05, 2019 | $0.130 | OrdinaryDividend |
Dec 31, 2018 | $0.124 | OrdinaryDividend |
Nov 30, 2018 | $0.119 | OrdinaryDividend |
Oct 31, 2018 | $0.118 | OrdinaryDividend |
Sep 28, 2018 | $0.118 | OrdinaryDividend |
Aug 31, 2018 | $0.118 | OrdinaryDividend |
Jul 31, 2018 | $0.118 | OrdinaryDividend |
Jun 29, 2018 | $0.110 | OrdinaryDividend |
May 31, 2018 | $0.103 | OrdinaryDividend |
Apr 30, 2018 | $0.098 | OrdinaryDividend |
Mar 29, 2018 | $0.093 | OrdinaryDividend |
Feb 28, 2018 | $0.083 | OrdinaryDividend |
Jan 31, 2018 | $0.083 | OrdinaryDividend |
Dec 29, 2017 | $0.078 | OrdinaryDividend |
Nov 30, 2017 | $0.075 | OrdinaryDividend |
Oct 31, 2017 | $0.075 | OrdinaryDividend |
Sep 29, 2017 | $0.073 | OrdinaryDividend |
Aug 31, 2017 | $0.140 | OrdinaryDividend |
Jul 31, 2017 | $0.070 | OrdinaryDividend |
Jun 30, 2017 | $0.070 | OrdinaryDividend |
May 31, 2017 | $0.065 | OrdinaryDividend |
Apr 28, 2017 | $0.065 | OrdinaryDividend |
Mar 31, 2017 | $0.065 | OrdinaryDividend |
Feb 28, 2017 | $0.060 | OrdinaryDividend |
Jan 31, 2017 | $0.060 | OrdinaryDividend |
Dec 30, 2016 | $0.060 | OrdinaryDividend |
Nov 30, 2016 | $0.060 | OrdinaryDividend |
Oct 31, 2016 | $0.060 | OrdinaryDividend |
Sep 30, 2016 | $0.055 | OrdinaryDividend |
Aug 31, 2016 | $0.055 | OrdinaryDividend |
Jul 29, 2016 | $0.050 | OrdinaryDividend |
Jun 30, 2016 | $0.050 | OrdinaryDividend |
May 31, 2016 | $0.045 | OrdinaryDividend |
Apr 29, 2016 | $0.045 | OrdinaryDividend |
Mar 31, 2016 | $0.045 | OrdinaryDividend |
Feb 29, 2016 | $0.045 | OrdinaryDividend |
Jan 29, 2016 | $0.045 | OrdinaryDividend |
Dec 31, 2015 | $0.040 | OrdinaryDividend |
Nov 30, 2015 | $0.035 | OrdinaryDividend |
Oct 30, 2015 | $0.030 | OrdinaryDividend |
Sep 30, 2015 | $0.025 | OrdinaryDividend |
Aug 31, 2015 | $0.020 | OrdinaryDividend |
Jul 31, 2015 | $0.020 | OrdinaryDividend |
Jun 30, 2015 | $0.020 | OrdinaryDividend |
May 29, 2015 | $0.020 | OrdinaryDividend |
Apr 30, 2015 | $0.020 | OrdinaryDividend |
Mar 31, 2015 | $0.020 | OrdinaryDividend |
Feb 27, 2015 | $0.020 | OrdinaryDividend |
Jan 30, 2015 | $0.020 | OrdinaryDividend |
Dec 31, 2014 | $0.020 | OrdinaryDividend |
Nov 28, 2014 | $0.018 | OrdinaryDividend |
Oct 31, 2014 | $0.024 | OrdinaryDividend |
Sep 30, 2014 | $0.018 | OrdinaryDividend |
Aug 29, 2014 | $0.015 | OrdinaryDividend |