Question 1

What are the top holdings in FBDC?

Accepted Answer

FT Confluence BDC & Specialty Finance Income ETF (FBDC) holds 23 securities. View the complete list of top holdings sorted by portfolio weight, showing each security's ticker symbol, company name, asset type, and allocation percentage.

Question 2

How concentrated is FBDC's portfolio?

Accepted Answer

Portfolio concentration is measured by the weight of top holdings. A concentrated portfolio has fewer large positions with higher individual weights, while a diversified portfolio distributes holdings more evenly. Review FBDC's holdings table to analyze concentration risk.

Question 3

What is FBDC's sector allocation?

Accepted Answer

The Sector Allocation chart shows how FBDC distributes investments across different industries like Technology, Healthcare, Financials, and more. This sector exposure helps understand the fund's industry diversification strategy.

Question 4

What countries does FBDC invest in?

Accepted Answer

FBDC's geographic exposure is shown in the Countries tab under Portfolio Allocations. This reveals the fund's international diversification and exposure to different regions and global markets.

Question 5

How diversified is FBDC ETF?

Accepted Answer

FBDC's diversification can be assessed by reviewing its 23 holdings, sector allocation, and geographic exposure. A well-diversified ETF spreads investments across multiple securities, sectors, and regions to reduce concentration risk.

Question 6

What are FBDC's largest positions by weight?

Accepted Answer

FBDC's largest positions are listed in the holdings table, sorted by portfolio weight percentage. The top holdings represent the securities with the highest allocation in the fund's portfolio composition.

#	Symbol	Name	Type	Weight
1	MAIN	Main Street Capital Corporation	Stock	12.78%
2	HTGC	Hercules Capital, Inc	Stock	10.93%
3	ARCC	Ares Capital Corporation	Stock	10.11%
4	TSLX	Sixth Street Specialty Lending, Inc.	Stock	8.90%
5	GBDC	Golub Capital BDC, Inc	Stock	8.78%
6	BXSL	Blackstone Secured Lending Fund	Stock	7.92%
7	O ORCC	Owl Rock Capital Corporation	Stock	5.59%
8	OBDC	Blue Owl Capital Corporation	Stock	5.24%
9	BBDC	Barings BDC, Inc.	Stock	4.94%
10	NMFC	New Mountain Finance Corporation	Stock	4.65%
11	FSK	FS KKR Capital Corp	Stock	4.28%
12	CSWC	Capital Southwest Corporation	Stock	3.14%
13	MFIC	MidCap Financial Investment Corporation	Stock	3.03%
14	A AINV	Apollo Investment Corporation	Stock	2.86%
15	BCSF	Bain Capital Specialty Finance, Inc.	Stock	2.52%
16	OCSL	Oaktree Specialty Lending Corporation	Stock	2.10%
17	MSDL	Morgan Stanley Direct Lending Fund	Stock	2.00%
18	GSBD	Goldman Sachs BDC, Inc.	Stock	1.94%
19	NCDL	Nuveen Churchill Direct Lending Corp.	Stock	1.92%
20	SLRC	SLR Investment Corp.	Stock	1.76%
21	TRIN	Trinity Capital Inc.	Stock	1.47%
22	CCAP	Crescent Capital BDC, Inc.	Stock	1.17%
23	KBDC	Kayne Anderson BDC, Inc.	Stock	0.94%

FBDC ETF Holdings: FT Confluence BDC & Specialty Finance Income ETF

Portfolio Allocations

Top 23 Holdings by Portfolio Weight