FBDC
·ARCA
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Key Stats
Assets Under Management
39.03MUSD
Fund Flows (1Y)
-18.20MUSD
Dividend Yield
9.02%
Discount/Premium to NAV
0.01%
Shares Outstanding
2.00M
Expense Ratio
13.69%
About FT Confluence BDC & Specialty Finance Income ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
May 25, 2007
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FBDC seeks a high level of current income. As a secondary objective, the Fund seeks an attractive total return. FBDC will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of securities of business development companies ("BDCs") and other specialty finance companies that Confluence Investment Management LLC, the Fund's investment sub-advisor (the "Sub-Advisor"), believes offer attractive opportunities for income and capital appreciation.
Classification
Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Asset Management & Custody Banks
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.49% | -0.54% | -7.65% | -7.65% | -7.65% | -7.65% |
NAV Total Return | +0.68% | +3.03% | — | — | — | — |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Financial Services
100.00%
Financial Services
100.00%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
MAIN
Main Street Capital
11.87%
HTGC
Hercules Capital
11.06%
ARCC
Ares Capital
9.93%
TSLX
Sixth Street Specialty Lending
8.80%
GBDC
Golub Capital BDC
8.70%
BXSL
Blackstone Secured
8.15%
OBDC
Blue Owl Capital
5.67%
BBDC
Barings BDC
4.68%
NMFC
New Mountain Finance
4.63%
FSK
FS KKR Capital
4.33%
Top 10 Weight 77.82%
22 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-12 | 2025-12-12 | 2025-12-31 | 0.175 |
| 2025-11-21 | 2025-11-21 | 2025-12-01 | 0.175 |
| 2025-10-21 | 2025-10-21 | 2025-10-31 | 0.175 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.175 |
| 2025-08-21 | 2025-08-21 | 2025-08-29 | 0.175 |
| 2025-07-22 | 2025-07-22 | 2025-07-31 | 0.175 |
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
