FT Confluence BDC & Specialty Finance Income ETF (FBDC)

Assets	$44.85M
Expense Ratio	13.69%
PE Ratio	11.57
Shares Out	2.11M
Dividend (ttm)	$1.85
Dividend Yield	8.78%
Ex-Dividend Date	Aug 21, 2025
Payout Frequency	Quarterly
Payout Ratio	101.41%

Volume	4,844
Open	21.10
Previous Close	21.10
Day's Range	21.06 - 21.14
52-Week Low	20.75
52-Week High	22.35
Beta	1.26
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

78.45% of assets

Name	Symbol	Weight
Main Street Capital Corporation	MAIN	12.07%
Hercules Capital, Inc.	HTGC	10.37%
Ares Capital Corporation	ARCC	10.08%
Sixth Street Specialty Lending, Inc.	TSLX	9.11%
Golub Capital BDC, Inc.	GBDC	8.68%
Blackstone Secured Lending Fund	BXSL	8.03%
Blue Owl Capital Corporation	OBDC	5.86%
New Mountain Finance Corporation	NMFC	4.91%
FS KKR Capital Corp.	FSK	4.89%
Barings BDC, Inc.	BBDC	4.45%

Dividends

Ex-Dividend	Amount	Pay Date
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
Nov 22, 2024	$0.500	Dec 2, 2024
Aug 22, 2024	$0.500	Aug 30, 2024