FT Confluence BDC & Specialty Finance Income ETF (FBDC)
| Assets | $36.18M |
| Expense Ratio | 13.69% |
| PE Ratio | 10.63 |
| Shares Out | 2.01M |
| Dividend (ttm) | $2.93 |
| Dividend Yield | 16.09% |
| Ex-Dividend Date | Jan 21, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 171.15% |
| Volume | 6,383 |
| Open | 18.09 |
| Previous Close | 17.96 |
| Day's Range | 18.09 - 18.23 |
| 52-Week Low | 16.95 |
| 52-Week High | 23.20 |
| Beta | 1.00 |
| Holdings | 23 |
| Inception Date | Mar 20, 2007 |
About FBDC
Fund Home PageThe FT Confluence BDC & Specialty Finance Income ETF (FBDC) is an exchange-traded fund that mostly invests in financials equity. The fund is an actively managed fund that invests in US-listed equity securities of business development companies (BDCs) and other specialty finance companies the sub-adviser believes offer attractive opportunities for income and capital appreciation. FBDC was launched on Mar 20, 2007 and is issued by First Trust.
Top 10 Holdings
77.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Main Street Capital Corporation | MAIN | 12.78% |
| Hercules Capital, Inc. | HTGC | 10.36% |
| Ares Capital Corporation | ARCC | 9.93% |
| Sixth Street Specialty Lending, Inc. | TSLX | 8.90% |
| Golub Capital BDC, Inc. | GBDC | 8.56% |
| Blackstone Secured Lending Fund | BXSL | 7.92% |
| Blue Owl Capital Corporation | OBDC | 5.24% |
| Barings BDC, Inc. | BBDC | 4.94% |
| New Mountain Finance Corporation | NMFC | 4.36% |
| FS KKR Capital Corp. | FSK | 4.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 21, 2026 | $0.175 | Jan 30, 2026 |
| Dec 12, 2025 | $0.175 | Dec 31, 2025 |
| Nov 21, 2025 | $0.175 | Dec 1, 2025 |
| Oct 21, 2025 | $0.175 | Oct 31, 2025 |
| Sep 25, 2025 | $0.175 | Sep 30, 2025 |
| Aug 21, 2025 | $0.175 | Aug 29, 2025 |
Performance
FBDC had a total return of -8.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.15%.
News
First Trust Announces Upcoming CUSIP Change for FT Confluence BDC & Specialty Finance ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced yesterday that the Board of Trustees of First Trust Exchange-Traded Fund VIII, on behalf of FT Confluence BDC & Specialty Fi...
First Trust Announces a 1-for-5 Reverse Share Split for FT Confluence BDC & Specialty Finance ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees (the “Board”) of First Trust Exchange-Traded Fund VIII (the “Trust”), on behalf of FT Confl...