FT Confluence BDC & Specialty Finance Income ETF (FBDC)
- Net assets$35.3M
- Dividend yield11.64%
- 1-year return-2.72%
- Holdings19
FBDC ETF price chart
FBDC quote & trading statistics
FBDC performance
Total return · as of October 18, 2026- YTD-5.90%
- 1 year-2.72%
- 3 years+11.91%/yr
- 5 years+7.70%/yr
- 10 years+4.68%/yr
- 1Y volatility
- 18.50%
- 3Y volatility
- 18.24%
- 3Y Sharpe ratio
- 0.43
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FBDC top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | MAIN | Main Street Capital Corporation | 12.03% |
| 2 | HTGC | Hercules Capital, Inc. | 11.82% |
| 3 | ARCC | Ares Capital Corporation | 9.59% |
| 4 | GBDC | Golub Capital BDC Inc | 8.86% |
| 5 | TSLX | Sixth Street Specialty Lending Inc | 7.93% |
| 6 | BXSL | Blackstone Secured Lending Fund | 6.74% |
| 7 | ORCC | Owl Rock Capital Corp | 6.36% |
| 8 | BBDC | Barings BDC Inc | 5.25% |
| 9 | CSWC | Capital Southwest Corporation | 5.00% |
| 10 | NMFC | New Mountain Finance Corporation | 3.88% |
The top 10 holdings make up 77.5% of the fund (19 holdings in total). As of October 18, 2026.
About FT Confluence BDC & Specialty Finance Income ETF
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity 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. The fund is non-diversified.
FBDC ETF FAQ
How much money is in FBDC?
FT Confluence BDC & Specialty Finance Income ETF has about $35.3M in net assets.
What are the top holdings of FBDC?
The largest positions in FBDC are Main Street Capital Corporation (12.03%), Hercules Capital, Inc. (11.82%), Ares Capital Corporation (9.59%). The fund holds 19 securities in total.
How has FBDC performed?
FBDC returned -2.72% over the past year and +7.70% a year over the past five years, including reinvested distributions.
Does FBDC pay dividends?
FBDC has a dividend yield of 11.64%.
When was FBDC launched?
FT Confluence BDC & Specialty Finance Income ETF began trading on May 25, 2007.
ETFs similar to FBDC
Funds that track the same index or whose top-10 holdings overlap most with FBDC's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| FBDC | FT Confluence BDC & Specialty Finance Income ETF | — | — | $35.3M | -2.72% |
| PBDC | Putnam BDC Income ETF | 62% | 6.98% | $265.3M | -5.81% |
| BDCX | ETRACS Quarterly Pay 1.5X Leveraged Wells… | 50% | 97.27% | $6.4M | -9.13% |