Production (Stage)
First Trust Exchange-Traded Fund VIII - FT Confluence BDC & Specialty Finance Income ETF
FBDC
$4.35
$0.020.46%
NYSE Arca
Corporate Info
Phone Number
630-765-8000
Address
120 East Liberty Drive
Suite 400
Wheaton, IL 60187
Suite 400
Wheaton, IL 60187
Country
United States
Year Founded
2007
Details
Sector
Financials
Industry
Financial Services
Employees
Business Decription
First Trust Exchange-Traded Fund VIII - FT Confluence BDC & Specialty Finance Income ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets. It seeks to invest in stocks of companies operating across business development companies and other specialty finance companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund benchmarks the performance of its portfolio against the S&P 500 Index, the MarketVector US Business Development Companies Liquid Index, the MSCI U.S. Investable Market Financials Index and a composite benchmark comprised of 70% MVIS U.S. Business Development Companies Index, 20% FTSE NARIET Mortgage REIT Index, and 10% S&P SmallCap Financials Index. First Trust Exchange-Traded Fund VIII - FT Confluence BDC & Specialty Finance Income ETF was formed on March 20, 2007 and domiciled in the United States.