FT Confluence BDC & Specialty Finance Income ETF (FBDC)
| Assets | $34.82M |
| Expense Ratio | 12.44% |
| PE Ratio | 11.77 |
| Shares Out | 2.01M |
| Dividend (ttm) | $2.80 |
| Dividend Yield | 16.36% |
| Ex-Dividend Date | Jun 25, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 192.57% |
| Volume | 4,109 |
| Open | 16.93 |
| Previous Close | 17.06 |
| Day's Range | 16.93 - 17.14 |
| 52-Week Low | 16.27 |
| 52-Week High | 22.35 |
| Beta | 0.92 |
| 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
78.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Main Street Capital Corporation | MAIN | 12.21% |
| Hercules Capital, Inc. | HTGC | 10.70% |
| Ares Capital Corporation | ARCC | 10.46% |
| Golub Capital BDC, Inc. | GBDC | 9.50% |
| Blackstone Secured Lending Fund | BXSL | 8.04% |
| Sixth Street Specialty Lending, Inc. | TSLX | 7.96% |
| Blue Owl Capital Corporation | OBDC | 6.42% |
| Barings BDC, Inc. | BBDC | 4.98% |
| Capital Southwest Corporation | CSWC | 4.62% |
| New Mountain Finance Corporation | NMFC | 4.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.175 | Jun 30, 2026 |
| May 21, 2026 | $0.175 | May 29, 2026 |
| Apr 21, 2026 | $0.175 | Apr 30, 2026 |
| Mar 26, 2026 | $0.175 | Mar 31, 2026 |
| Feb 20, 2026 | $0.175 | Feb 27, 2026 |
| Jan 21, 2026 | $0.175 | Jan 30, 2026 |
Performance
FBDC had a total return of -10.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.23%.
News
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.
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...