First Trust Strategic High Income Fd III

The Funds primary investment objective is to seek a high level of current income. The Fund seeks capital growth as a secondary objective. The Fund will seek to achieve its investment objectives by investing in a diversified portfolio of below-investment grade and investment grade debt securities and equity securities. The Fund may invest up to 100% of its Managed Assets in below-investment grade debt securities. The fund may also invest in corporate debt, convertible securities and equity securities including mortgage-baacked and asset backed securities.

Key stats

Management firm  First Trust Advisors L.P.
Fund Status  OBSOLETE
12 month yield  4.81%
Fund currency  USD
Launch Date  2007-03-28
Obsolete Date  2011-10-03
ISIN  US33735C1062
Fund Strategy  High Yield Bond
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2011-08-31
Return - 1 Month  -5.90%
Return - 2 Months  -4.46 %
Return - 3 Months  -6.48%
Return - 6 Months  -4.19 %
Return - 9 months  1.70 %
Return - 12 Months  5.87%
Annualized return 24 months  22.47 %
Annualized return 36 months  -1.11 %
Annualized return 48 months  -13.94 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -15.71%
Return YTD  -0.13%

Ratings

Morning Star Rating Date   2011-08-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.90 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Bonnie Belskis
Contact Address  First Trust Advisors L.P.
Contact Address 2  120 E. Liberty
Contact Address 3  Lisle, IL 60532
Contact city  Wheaton
Contact country  United States
Fund Admin Group  First Trust Advisors L.P.
Web Address  www.ftadvisors.com
Email contact  bbelskis@ftportfolios.com
Phone  866-848-9727

Price

Last Price Date  2011-09-30
Pre-tax nav  3.97
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.05
Price change (percentage)  -1.25 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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