FT Confluence BDC & Specialty Finance Income ETF (FBDC) is a First Trust ETF with a 12.44% expense ratio, 21 holdings and $34MM in net assets. Largest sector: Financial Services (100%).
Fee
12.44%
expense ratio
Net assets
$34MM
Launched
May 25, 2007
Holdings
21
as of Oct 23, 2026
Top 10 weight
78.0%
largest ten holdings
Largest sector
Financial Services
100.0%
Yield
30-day SEC 9.55% · TTM 11.98%
as of Sep 30, 2026
Benchmark
—
FBDC's holdings are as of Oct 23, 2026.
Financial Services
100.0%
1
MAIN
MAIN STREET CAPITAL
12.67%
2
HTGC
HERCULES CAPITAL
11.55%
3
ARCC
ARES CAPITAL
9.84%
4
GBDC
GOLUB CAPITAL BDC
9.30%
5
TSLX
SIXTH STREET SPECIALTY LENDING
8.27%
6
OBDC
OWL ROCK CAPITAL
6.21%
7
$USD
US Dollar
5.83%
8
BBDC
BARINGS BDC
5.14%
9
CSWC
CAPITAL SOUTHWEST
5.12%
10
NMFC
NEW MOUNTAIN FINANCE
4.02%
11
BXSL
BLACKSTONE SECURED LENDING FUND
3.37%
12
OTF
BLUE OWL TECHNOLOGY FINANCE I
2.82%
13
MFIC
MidCap Financial Investment
2.50%
14
OCSL
OAKTREE SPECIALTY LENDING
2.20%
15
BCSF
BAIN CAPITAL SPECIALTY FINANCE
2.15%
16
MSDL
MORGAN STANLEY DIRECT LENDING FUND
1.97%
17
KBDC
Kayne Anderson BDC
1.95%
18
NCDL
NUVEEN CHURCHILL DIRECT LENDING
1.69%
19
SLRC
SLR Investment
1.45%
20
GAIN
GLADSTONE INVESTMENT
0.99%
21
MSIF
MSC Income Fund,
0.96%
1–21 of 21
Funds listed by how much of their largest holdings they share with FBDC — not a ranking.
Data from First Trust; prices and returns from market data. Page updated October 29, 2026. Holdings and figures change over time. For information only — not investment advice.