# EDGAR Filing Document

**Accession Number:** 0001424212
**File Stem:** 0001445546-26-000645
**Filing Date:** 2026-1
**Character Count:** 2787
**Document Hash:** bbdfa92ceb704bb25978463fbfbb5c40
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001445546-26-000645.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001445546-26-000645

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND III
- **CENTRAL INDEX KEY:** 0001424212

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-176976
- **FILM NUMBER:** 26567074

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange-Traded Fund III
- **DATE OF NAME CHANGE:** 20160419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange Traded Fund III
- **DATE OF NAME CHANGE:** 20080116

## Series and Classes Contracts Data

### First Trust Institutional Preferred Securities and Income ETF (Series ID: S000058182)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                                    | Ticker Symbol | Class ID   |
| First Trust Institutional Preferred Securities and Income ETF | FPEI          | C000190801 |

---

## Series and Classes Contracts Data

### First Trust Institutional Preferred Securities and Income ETF (Series ID: S000058182)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000190801 | First Trust Institutional Preferred Securities and Income ETF | FPEI            |

Rule 497(e)<br> Registration Nos. 333-176976 and 811-22245

First Trust Exchange-Traded Fund III

(the "*Trust*")

First Trust Institutional Preferred Securities and Income ETF

(the *"Fund"*)

Supplement to the Fund's Prospectus

Dated January 27, 2026

Notwithstanding anything to the contrary in the Fund's prospectus, effective as of the date set forth above, the first sentence of the second paragraph of the section entitled "Additional Information on the Fund's Investment Objective and Strategies" is hereby deleted in its entirety and replaced with the following:

The Fund has adopted a non-fundamental investment policy pursuant to Rule 35d-1 under the 1940 Act (the *"Name Policy"*), whereby the Fund, under normal market conditions, invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities.

Please Keep this Supplement for Future Reference