FESHTX

About FESHTX

First Trust Exchange-Traded Fund III FT Series 11440 is a unit investment trust designed to offer targeted exposure through a defined investment strategy. This particular series, identified as Vest Large Cap Deep Buffered 20 Portfolio, Series 57, seeks to provide investors with exposure to large-cap equities while incorporating a risk-management approach using options strategies. The objective is to allow participation in the potential upside of a reference asset, typically a broad equity index, up to a preset cap while mitigating downside risk through a "buffer" feature that absorbs losses up to a designated threshold. This asset is structured as part of the First Trust Exchange-Traded Fund III family, known for its series-based portfolios catering to different market objectives and risk appetites. FT Series 11440 plays a role in the marketplace as a specialized product for investors seeking a balance between capital appreciation potential and downside protection, particularly during periods of heightened market volatility. By leveraging buffered outcome strategies, the asset serves as a tool for risk-conscious investors aiming for equity-linked returns with a measure of downside mitigation.