FT Confluence BDC & Specialty Finance Income ETF (FBDC)

Assets	$40.70M
Expense Ratio	13.69%
PE Ratio	10.03
Shares Out	2.11M
Dividend (ttm)	$2.20
Dividend Yield	11.22%
Ex-Dividend Date	Oct 21, 2025
Payout Frequency	Monthly
Payout Ratio	112.57%

Volume	1,317
Open	19.42
Previous Close	19.36
Day's Range	19.41 - 19.61
52-Week Low	18.32
52-Week High	22.35
Beta	1.20
Holdings	23
Inception Date	Mar 20, 2007

About FBDC

Fund Home Page

The 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.

• Asset Class: Equity
• Category: Financial
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: FBDC
• ETF Provider: First Trust

Top 10 Holdings

77.39% of assets

Name	Symbol	Weight
Main Street Capital Corporation	MAIN	11.44%
Hercules Capital, Inc.	HTGC	10.41%
Ares Capital Corporation	ARCC	9.81%
Golub Capital BDC, Inc.	GBDC	9.12%
Sixth Street Specialty Lending, Inc.	TSLX	8.98%
Blackstone Secured Lending Fund	BXSL	7.98%
Blue Owl Capital Corporation	OBDC	5.82%
New Mountain Finance Corporation	NMFC	4.80%
Barings BDC, Inc.	BBDC	4.59%
FS KKR Capital Corp.	FSK	4.45%

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