FT Confluence BDC & Specialty Finance Income ETF (FBDC)
| Assets | $34.79M |
| Expense Ratio | 12.44% |
| PE Ratio | 12.47 |
| Forward PE | 9.26 |
| Shares Out | 2.11M |
| Dividend | $1.99 (11.87%) |
| Ex-Dividend Date | Oct 21, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 147.97% |
| Volume | 10,340 |
| Open | 16.88 |
| Previous Close | 16.88 |
| Day's Range | 16.73 - 16.88 |
| 52-Week Low | 16.00 |
| 52-Week High | 20.17 |
| Beta | 0.95 |
| Holdings | 21 |
| 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 financial stocks. 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
77.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Main Street Capital Corporation | MAIN | 12.58% |
| Hercules Capital, Inc. | HTGC | 11.31% |
| Ares Capital Corporation | ARCC | 9.60% |
| Golub Capital BDC, Inc. | GBDC | 9.33% |
| Sixth Street Specialty Lending, Inc. | TSLX | 8.11% |
| Dreyfus Govt Cm Inst 289 | n/a | 6.26% |
| Blue Owl Capital Corporation | OBDC | 6.17% |
| Barings BDC, Inc. | BBDC | 5.12% |
| Capital Southwest Corporation | CSWC | 5.10% |
| New Mountain Finance Corporation | NMFC | 4.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 21, 2026 | $0.140 | Oct 30, 2026 |
| Sep 24, 2026 | $0.150 | Sep 30, 2026 |
| Aug 21, 2026 | $0.150 | Aug 31, 2026 |
| Jul 21, 2026 | $0.150 | Jul 31, 2026 |
| Jun 25, 2026 | $0.175 | Jun 30, 2026 |
| May 21, 2026 | $0.175 | May 29, 2026 |
Performance
FBDC had a total return of -3.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.31%.
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...