FT Confluence BDC & Specialty Finance Income ETF (FBDC)

FT Confluence BDC & Specialty Finance Income ETF (FBDC) is an exchange-traded fund in the Financial category. It has $34.09M in assets, an expense ratio of 12.44% and a 16.54% dividend yield. 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.