FT Confluence BDC & Specialty Finance Income ETF

FT Confluence BDC & Specialty Finance Income ETF is an actively managed exchange-traded fund that primarily seeks to deliver a high level of current income, with a secondary emphasis on achieving attractive total returns. The fund focuses on investing in business development companies (BDCs) and other specialty finance firms, targeting segments of the financial sector that facilitate capital access for small and mid-sized businesses. Managed by First Trust Advisors and sub-advised by Confluence Investment Management, the ETF employs a research-driven approach to identify companies that present compelling opportunities for both income generation and capital appreciation. By concentrating on BDCs and niche financial entities, the fund aims to tap into specialized sources of yield not broadly available in traditional fixed income or equity markets. Its strategy and sector focus position the ETF as a specialized vehicle within the broader financials category, appealing to investors seeking exposure to alternative income streams and the unique dynamics of the specialty finance industry.