FBDCFT Confluence BDC & Specialty Finance Income ETF

Grow my money Get income19y track recordRanked #1,342 of 1,622 in this goal

Seeks a high level of current income with an attractive total return as a secondary objective.

By First Trust · Launched 2007

Annual Cost

12.44%

#5,560 of 5,562 · expensive

Fund Size

$34M

#3,907 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

19 years

#502 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$8,814-11.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Sector

Financials

Focus

BDC

What it actually holds

By weight

Concentration

Top 10 holdings = 78.2% of fundconcentrated

Main Street Capital Corp

11.4%

Hercules Capital Inc

10.5%

Ares Capital Corp

10.1%

Golub Capital BDC Inc

9.0%

Sixth Street Specialty Lending

8.8%

Blackstone Secured Lending Fun

8.2%

Blue Owl Capital Corp

5.8%

New Mountain Finance Corp

4.9%

FS KKR Capital Corp

4.7%

Barings BDC Inc

4.7%

Asset allocation

Stocks

96.2%

Other

2.2%

Cash

1.7%

By sector

Financial Services

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-20.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income with an attractive total return as a secondary objective.
Strategy: Invests primarily in equity securities of business development companies (BDCs) and specialty finance companies. Focuses on companies that provide capital to small and medium-sized businesses, evaluating management capabilities and risks. Anticipates significant investments in financial companies.
Inception date: May 25, 2007
Fund family: First Trust