# First Trust Ultra Short Duration Municipal ETF

First Trust Ultra Short Duration Municipal ETF is a ETF series of First Trust Exchange-Traded Fund III (series S000063443). Net assets $228.5M as of 2026-04-30.

## Profile

- Series ID: S000063443
- Registrant: First Trust Exchange-Traded Fund III
- LEI: 549300KVHK7XJBQPJK48
- Net assets: $228.5M
- Total assets: $238.0M
- As of: 2026-04-30
- Type: ETF

## Advisers

- [First Trust Advisors L.P. (Advisor)](https://search.stillhousedata.com/firm/107027)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [NATIONAL FINANCE AUTHORITY (NH)](https://search.stillhousedata.com/security/63608RAF1) | — | $3.5M | 153.23% |
| [MIAMI-DADE COUNTY SCHOOL BOARD (FL)](https://search.stillhousedata.com/security/59333MW68) | — | $2.7M | 117.71% |
| [DALLAS-FORT WORTH TEX INTL ARPT](https://search.stillhousedata.com/security/23503CFN2) | — | $2.1M | 90.12% |
| [MASSACHUSETTS PORT AUTHORITY (MA)](https://search.stillhousedata.com/security/575896SZ9) | — | $2.0M | 89.59% |
| [NORTH TEX TWY AUTH](https://search.stillhousedata.com/security/66285WU95) | — | $2.0M | 88.80% |
| [MIAMI-DADE CNTY FLA](https://search.stillhousedata.com/security/59334DQQ0) | — | $2.0M | 88.35% |
| [OHIO AIR QUALITY DEVELOPMENT AUTHORITY (OH)](https://search.stillhousedata.com/security/677525WV5) | — | $2.0M | 88.27% |
| [NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJ)](https://search.stillhousedata.com/security/64577B6K5) | — | $2.0M | 88.19% |
| [SALT LAKE CITY (UT), CITY OF](https://search.stillhousedata.com/security/795576FK8) | — | $2.0M | 87.81% |
| [TENDER OPT BD TR RCPTS / CTFS VAR STS](https://search.stillhousedata.com/security/88035FW71) | — | $2.0M | 87.52% |
| [OHIO (OH), STATE OF](https://search.stillhousedata.com/security/67756CFH6) | — | $2.0M | 87.52% |
| [ALABAMA POWER COMPANY](https://search.stillhousedata.com/security/931542AB0) | — | $2.0M | 87.52% |
| [MISSION TEX ECONOMIC DEV CORP](https://search.stillhousedata.com/security/605155BS8) | — | $2.0M | 87.48% |
| [LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA)](https://search.stillhousedata.com/security/544445XQ7) | — | $1.8M | 80.17% |
| [MARYLAND ST HEALTH & HIGHER EDL FACS AUTH](https://search.stillhousedata.com/security/57421CJE5) | — | $1.8M | 79.88% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-04-30 | $228.5M |
| 2026-01-31 | $240.3M |
| 2025-10-31 | $217.8M |
| 2025-07-31 | $215.2M |
| 2025-04-30 | $197.5M |
| 2025-01-31 | $198.1M |
| 2024-10-31 | $197.8M |
| 2024-07-31 | $199.2M |

## More

- [Registrant: First Trust Exchange-Traded Fund III](https://search.stillhousedata.com/registrant/1424212)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000063443.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.