What is FBDC's relative strength rating?

Relative strength percentiles for FBDC are not available for the current snapshot date. TickerStance publishes RS ratings daily after each session close; check back after the next pipeline run.

What sector is FBDC in?

FBDC is classified under the Other sector per the TickerStance sector-classification pipeline, which maps U.S. equities to GICS-aligned sectors using exchange SIC codes and Massive Finance reference data.

Is FBDC in a leading sector?

Sector RS percentile is not available for Other at this snapshot. Leading sector status (threshold: Other RS ≥ 70th percentile) cannot be determined until the next sector RS pipeline run.

How volatile is FBDC?

Volatility metrics for FBDC — average daily range (ADR%), average true range (ATR%), and beta — are not available for the current snapshot. These indicators update daily with each pipeline run.

Does FBDC have a seasonal pattern?

TickerStance computes FBDC's month-by-month seasonality from its full daily price history: the average and median return for each calendar month, how often that month closed higher, and the best and worst months on record. These are historical frequencies, not forecasts — a strong seasonal month describes what FBDC has tended to do in prior years, not a prediction of what comes next. The full month-by-month heatmap and win-rate table sit higher on this page.

When did FBDC last report earnings?

No SEC EDGAR filings are linked to FBDC in the current TickerStance fundamentals database. This can occur for tickers without a matched CIK (some ADRs, ETFs, and recently listed securities) or when the fundamentals pipeline has not yet processed this ticker.

FT Confluence BDC & Specialty Finance Income ETF (FBDC)

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FT Confluence BDC & Specialty Finance Income ETF (FBDC)

§ Seasonality

10y · since 2025

Best monthApr on averageavg +6.64% · 100% win · n 1

Worst monthFeb on averageavg -12.08% · 0% win · n 1

FBDC monthly seasonality strip
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
1	FBDC Jan avg: -1.60% median: -1.60% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Feb avg: -12.08% median: -12.08% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Mar avg: 1.19% median: 1.19% win: 100% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Apr avg: 6.64% median: 6.64% win: 100% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC May avg: -5.97% median: -5.97% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Jun avg: -0.47% median: -0.47% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Jul avg: 0.24% median: 0.24% win: 50% σ: 1.68% n: 2 2025-07-01 → 2026-07-31	FBDC Aug avg: 0.29% median: 0.29% win: 100% σ: 0.00% n: 1 2025-07-01 → 2026-07-31 (current)	FBDC Sep avg: -7.31% median: -7.31% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Oct avg: -1.84% median: -1.84% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Nov avg: 0.49% median: 0.49% win: 100% σ: 0.00% n: 1 2025-07-01 → 2026-07-31	FBDC Dec avg: -0.47% median: -0.47% win: 0% σ: 0.00% n: 1 2025-07-01 → 2026-07-31

Filed: May 2026

HOLDINGS

Top holdings of FBDC

Top 20 holdings of FBDC by portfolio weight
#	Holding	Weight	Value
1	MAIN	11.53%	$4M
2	ARCC	10.59%	$4M
3	HTGC	10.34%	$4M
4	GBDC	9.60%	$3M
5	BXSL	8.07%	$3M
6	TSLX	7.93%	$3M
7	OBDC	6.61%	$2M
8	BBDC	5.09%	$2M
9	NMFC	4.59%	$2M
10	CSWC	4.54%	$2M
11	MFIC	3.09%	$1M
12	BCSF	2.70%	$926K
13	MSDL	2.19%	$750K
14	OCSL	2.18%	$749K
15	KBDC	2.15%	$738K
16	NCDL	1.99%	$681K
17	TRIN	1.64%	$563K
18	SLRC	1.62%	$555K
19	GAIN	1.01%	$348K
20	MSIF	0.97%	$332K

CONCENTRATION

Portfolio shape

78.9%Top 10 holdings

20Total holdings

20 (100%)Resolved tickers

SECTORS

Sector breakdown

Other

98.4%

INTERNALS

What the holdings are doing

Above 50dma (count): 75%
Above 50dma (weight): 88.3%
Above 200dma (count): 55%
Above 200dma (weight): 66.6%

Stage mix (by weight)

Stage 1 · 50% of holdingsStage 2 · 15% of holdingsStage 4 · 35% of holdings

Median 1M RS: 65
Median 3M RS: 59
Median 6M RS: 55

Accumulation/distribution mix

A: 5%B: 75%C: 10%D: 10%

Metrics matched 20 tickers across 20 holdings rows (98.4% of fund weight). Metrics as of 2026-08-24; holdings from the 2026-05-31 filing.

WHAT CHANGED

Between filings

Position changes from the 2026-02-28 to the 2026-05-31 N-PORT filing.

New positions

New positions holdings in FBDC
Holding	Before → after	Δ weight
GAINGLADSTONE INVESTMENT CORP	— → 1.01%	—
MSIFMSC INCOME FUND INC	— → 0.97%	—

Added

Added holdings in FBDC
Holding	Before → after	Δ weight
CSWCCAPITAL SOUTHWEST CORP	3.20% → 4.54%	+1.34 pp
KBDCKAYNE ANDERSON BDC INC	0.97% → 2.15%	+1.18 pp
OBDCBLUE OWL CAPITAL CORP	5.81% → 6.61%	+0.80 pp
GBDCGOLUB CAPITAL BDC INC	8.89% → 9.60%	+0.72 pp
HTGCHERCULES CAPITAL INC	9.66% → 10.34%	+0.68 pp

+8 more

Trimmed

Trimmed holdings in FBDC
Holding	Before → after	Δ weight
MAINMAIN STREET CAPITAL CORP	12.98% → 11.53%	−1.46 pp
SLRCSLR INVESTMENT CORP	1.81% → 1.62%	−0.19 pp
BXSLBLACKSTONE SECURED LENDING FUND	8.25% → 8.07%	−0.18 pp
TSLXSIXTH STREET SPECIALTY LENDING INC	8.09% → 7.93%	−0.17 pp

Exited

Exited holdings in FBDC
Holding	Before → after	Δ weight
FSKFS KKR Capital Corp	3.67% → —	—
GSBDGoldman Sachs BDC, Inc.	2.03% → —	—
CCAPCrescent Capital BDC, Inc.	1.11% → —	—

As filed in N-PORT — quarterly holdings with up to ~60-day publication lag. Not live positioning.

SIMILAR FUNDS BY HOLDINGS

Funds similar to FBDC

FAQ

Fund FAQ

What does FBDC hold?: FBDC holds 20 positions; its three largest are MAIN (11.53%), ARCC (10.59%), and HTGC (10.34%) as of May 2026.
How concentrated is FBDC?: The top 10 holdings account for 78.9% of FBDC's portfolio. Highly concentrated in top names.
What sectors does FBDC cover?: FBDC's largest sector exposures are Other (98.4%).
How fresh is this data?: Holdings are sourced from SEC N-PORT-P filings, published quarterly with a ~60 day lag. The most recent filing for FBDC is dated May 2026.

Evidence · 1 of 3

Receipts behind the read

0 of 5 pass

Leadership

Is it leading?

Relative strength across horizons plus the leadership score.

—

LDR

—

StageWeinstein stage analysis

—

Smart money

Who's accumulating?

Accumulation rating, relative volume, U/D ratio, breakout-day proof.

A/D rating

Evidence · 3 of 3

Market backdrop

Pull-back risk if Macro turns < 60

Trend44.9Are the major indexes going up or down lately?30% weight Breadth50.6Is the rally broad-based or narrow?30% weight Leadership42.4Who's leading?20% weight Macro59.0What does the credit & rates environment say?20% weight

Stance47.8● Neutral

Public attention · FBDC

Is the crowd watching?

No attention data for this ticker yet — it joins the daily scan once a baseline builds.

FAQ

Frequently asked questions

What is FBDC's relative strength rating?: Relative strength percentiles for FBDC are not available for the current snapshot date. TickerStance publishes RS ratings daily after each session close; check back after the next pipeline run.
What sector is FBDC in?: FBDC is classified under the Other sector per the TickerStance sector-classification pipeline, which maps U.S. equities to GICS-aligned sectors using exchange SIC codes and Massive Finance reference data.
Is FBDC in a leading sector?: Sector RS percentile is not available for Other at this snapshot. Leading sector status (threshold: Other RS ≥ 70th percentile) cannot be determined until the next sector RS pipeline run.
How volatile is FBDC?: Volatility metrics for FBDC — average daily range (ADR%), average true range (ATR%), and beta — are not available for the current snapshot. These indicators update daily with each pipeline run.
Does FBDC have a seasonal pattern?: TickerStance computes FBDC's month-by-month seasonality from its full daily price history: the average and median return for each calendar month, how often that month closed higher, and the best and worst months on record. These are historical frequencies, not forecasts — a strong seasonal month describes what FBDC has tended to do in prior years, not a prediction of what comes next. The full month-by-month heatmap and win-rate table sit higher on this page.

FBDC is not confirmed as a leader.

§ Seasonality

Top holdings of FBDC

Portfolio shape

Sector breakdown

What the holdings are doing

Between filings

Funds similar to FBDC

Fund FAQ

Receipts behind the read

Is it leading?

Who's accumulating?

Market backdrop

Is the crowd watching?

Frequently asked questions

How much does it move?

§ Seasonality

Between filings

Funds similar to FBDC

What the holdings are doing

FT Confluence BDC & Specialty Finance Income ETF (FBDC) — Stance & relative strength

FBDC is not confirmed as a leader.

Top holdings of FBDC

Portfolio shape

Sector breakdown

What the holdings are doing

Between filings

Funds similar to FBDC

Fund FAQ

Receipts behind the read

Is it leading?

Who's accumulating?

Market backdrop

Is the crowd watching?

Frequently asked questions

How much does it move?

Between filings

Funds similar to FBDC

What the holdings are doing