FBDC Performance — FT Confluence BDC & Specialty Finance Income ETF
Data updated: 2026-07-23
FBDC returned −7.69% year to date and −9.52% over one year to May 2026. Over one year the fund trailed its Financials Equity category average: $100 grew to $90, against $114 for the category. Volatility over the past 12 months was 16.95% a year. In the 12 months to May 2026 the fund took in a net $94.8M, and assets reached $34.30M.
FBDC Growth of $100
What $100 invested in FT Confluence BDC & Specialty Finance Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | FBDC | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $90 | $114 |
FBDC Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −7.69% |
| 1 year | −9.52% |
FBDC Annual Returns
Calendar-year total returns of FT Confluence BDC & Specialty Finance Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −7.69% |
| 2025 (Jun–Dec) | −1.98% |
FBDC Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.7% | −11.3% | +2.3% | +7.7% | −4.9% | — | — | — | — | — | — | — |
| 2025 | — | — | — | — | — | +1.0% | +2.5% | +0.5% | −6.4% | −1.2% | +1.6% | +0.4% |
FBDC Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 16.95%
- Best month: +7.69% (Apr 2026)
- Worst month: −11.28% (Feb 2026)
FBDC Fund Flows
Monthly money in and out of FT Confluence BDC & Specialty Finance Income ETF, from SEC Form N-PORT.
- 12-month net flow: $94.8M
- 12-month gross sales (incl. reinvestments): $115.8M
- Sales ÷ redemptions: 5.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $866K | $0 | $866K |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $887K | −$887K |
| Jan 2026 | $955K | $955K | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $950K | $2.9M | −$1.9M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $382 | −$382 |
| Jul 2025 | $0 | $16.3M | −$16.3M |
| Jun 2025 | $113.1M | $0 | $113.1M |
FBDC Assets Under Management
Net assets of FT Confluence BDC & Specialty Finance Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $34.30M |
| 2026-02-28 | $32.94M |
| 2025-11-30 | $39.27M |
| 2025-08-31 | $45.10M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.