FT Confluence BDC & Specialty Finance Income ETF (FBDC)
| Assets | $41.61M |
| Expense Ratio | 13.69% |
| PE Ratio | 10.03 |
| Shares Out | 2.16M |
| Dividend (ttm) | $2.20 |
| Dividend Yield | 11.71% |
| Ex-Dividend Date | Oct 21, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 115.49% |
| Volume | 4,487 |
| Open | 19.23 |
| Previous Close | 19.17 |
| Day's Range | 18.78 - 19.23 |
| 52-Week Low | 16.95 |
| 52-Week High | 23.20 |
| Beta | 0.98 |
| Holdings | 22 |
| 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
77.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Main Street Capital Corporation | MAIN | 11.80% |
| Hercules Capital, Inc. | HTGC | 10.52% |
| Ares Capital Corporation | ARCC | 10.07% |
| Golub Capital BDC, Inc. | GBDC | 9.02% |
| Sixth Street Specialty Lending, Inc. | TSLX | 8.74% |
| Blackstone Secured Lending Fund | BXSL | 8.07% |
| Blue Owl Capital Corporation | OBDC | 5.40% |
| New Mountain Finance Corporation | NMFC | 4.84% |
| Barings BDC, Inc. | BBDC | 4.68% |
| FS KKR Capital Corp. | FSK | 4.64% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 21, 2025 | $0.175 | Oct 31, 2025 |
| Sep 25, 2025 | $0.175 | Sep 30, 2025 |
| Aug 21, 2025 | $0.175 | Aug 29, 2025 |
| Jul 22, 2025 | $0.175 | Jul 31, 2025 |
| May 22, 2025 | $0.500 | May 30, 2025 |
| Feb 24, 2025 | $0.500 | Feb 28, 2025 |
Performance
FBDC had a total return of -1.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.20%.
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...