FT Confluence BDC & Specialty Finance Income ETF (FBDC)
| Assets | $34.72M |
| Expense Ratio | 12.44% |
| PE Ratio | 12.79 |
| Shares Out | 2.11M |
| Dividend (ttm) | $2.03 |
| Dividend Yield | 12.27% |
| Ex-Dividend Date | Sep 24, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | 156.90% |
| Volume | 20,952 |
| Open | 16.63 |
| Previous Close | 16.65 |
| Day's Range | 16.51 - 16.63 |
| 52-Week Low | 16.27 |
| 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 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
78.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Main Street Capital Corporation | MAIN | 12.63% |
| Hercules Capital, Inc. | HTGC | 11.41% |
| Ares Capital Corporation | ARCC | 9.70% |
| Golub Capital BDC, Inc. | GBDC | 9.18% |
| Sixth Street Specialty Lending, Inc. | TSLX | 8.33% |
| Blackstone Secured Lending Fund | BXSL | 6.86% |
| Blue Owl Capital Corporation | OBDC | 6.15% |
| Capital Southwest Corporation | CSWC | 5.33% |
| Barings BDC, Inc. | BBDC | 5.17% |
| New Mountain Finance Corporation | NMFC | 4.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Apr 21, 2026 | $0.175 | Apr 30, 2026 |
Performance
FBDC had a total return of -3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.18%.
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...