FT Confluence BDC & Specialty Finance Income ETF (FBDC)

Assets	$42.30M
Expense Ratio	13.69%
PE Ratio	10.83
Shares Out	2.11M
Dividend (ttm)	$2.03
Dividend Yield	10.25%
Ex-Dividend Date	Sep 25, 2025
Payout Frequency	Monthly
Payout Ratio	111.00%

Volume	7,639
Open	19.82
Previous Close	19.78
Day's Range	19.64 - 19.94
52-Week Low	19.64
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

78.02% of assets

Name	Symbol	Weight
Main Street Capital Corporation	MAIN	12.31%
Hercules Capital, Inc.	HTGC	10.97%
Ares Capital Corporation	ARCC	9.79%
Sixth Street Specialty Lending, Inc.	TSLX	9.00%
Golub Capital BDC, Inc.	GBDC	8.64%
Blackstone Secured Lending Fund	BXSL	7.88%
Blue Owl Capital Corporation	OBDC	5.76%
New Mountain Finance Corporation	NMFC	4.79%
Barings BDC, Inc.	BBDC	4.52%
FS KKR Capital Corp.	FSK	4.36%

Dividends

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