FBDCFT Confluence BDC & Specialty Finance Income ETF
Seeks a high level of current income and attractive total return.
By First Trust · Launched 2007
Annual Cost
12.44%
#5,859 of 5,861 · expensive
Fund Size
$34M
#4,029 of 5,861 · small
Return (1Y)Goal
-11.8%
Track Record
19 years
#492 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$7,959-20.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 77.4% of fundconcentrated
Main Street Capital Corp.
13.0%
Ares Capital Corp.
10.5%
Hercules Capital Inc
9.7%
Golub Capital BDC Inc.
8.9%
Blackstone Secured Lending Fund
8.3%
Sixth Street Specialty Lending Inc
8.1%
Blue Owl Capital Corp.
5.8%
Barings BDC Inc.
5.0%
New Mountain Finance Corporation
4.5%
FS KKR Capital Corp
3.7%
Asset allocation
Stocks
96.8%
Other
2.2%
Cash
1.0%
By sector
Financial Services
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
18.2%Moderate
Year-on-year price swings
Max drawdown
-74.2%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.44Below average
Sortino (3Y)
0.62Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks a high level of current income and attractive total return.
- Strategy
- Invests primarily in equity securities of business development companies (BDCs) and other specialty finance companies to generate current income and capital appreciation. The Sub-Advisor evaluates management capabilities and risks associated with investments in financial companies.
- Inception date
- May 25, 2007
- Fund family
- First Trust
Similar funds
Same asset class, closest by strategy & exposureWhat's next?
You've looked at FBDC. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04