Morningstar

FT Confluence BDC & Specialty Finance Income ETF FBDC

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FBDC

Will FBDC outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBDC’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBDC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FBDC’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

FT Confluence BDC & SpecialtyFinacIncETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FBDC

More FBDC Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 77.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Main Street Capital Corp

12.33 4M
Financial Services

Hercules Capital Inc

11.00 4M
Financial Services

Ares Capital Corp

9.50 3M
Financial Services

Golub Capital BDC Inc

9.19 3M
Financial Services

Sixth Street Specialty Lending Inc

8.30 3M
Financial Services

Blackstone Secured Lending Fund Ordinary Shares

6.43 2M
Financial Services

Blue Owl Capital Corp Ordinary Shares

6.41 2M
Financial Services

Barings BDC Inc

5.22 2M
Financial Services

Dreyfus Govt Cm Inst 289

4.93 2M
Cash and Equivalents

Capital Southwest Corp

4.66 2M
Financial Services

Sponsor Center