NYSE | ETF
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity securities of business development companies ("BDCs") and other specialty finance companies that Confluence Investment Management LLC, the fund's investment sub-advisor (the "Sub-Advisor"), believes offer attractive opportunities for income and capital appreciation.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| MAIN | Main Street Capital Corporation | Financial Services | Asset Management | 11.87% |
| HTGC | Hercules Capital Inc | Financial Services | Asset Management | 10.36% |
| ARCC | Ares Capital Corporation | Financial Services | Asset Management | 10.09% |
| TSLX | Sixth Street Specialty Lending Inc | Financial Services | Asset Management | 9.01% |
| GBDC | Golub Capital BDC Inc | Financial Services | Asset Management | 8.70% |
| BXSL | Blackstone Secured Lending Fund | Financial Services | Asset Management | 8.28% |
| OBDC | Blue Owl Capital Corporation | Financial Services | Asset Management | 5.95% |
| ORCC | Owl Rock Capital Corp | Financials | Investment Banking & Investment Services | 5.81% |
| NMFC | New Mountain Finance Corporation | Financial Services | Asset Management | 4.82% |
| FSK | FS KKR Capital Corp | Financial Services | Asset Management | 4.75% |
| BBDC | Barings BDC Inc | Financial Services | Asset Management | 4.59% |
| AINV | Apollo Investment Corp | Financial | Capital Markets | 2.98% |
| CSWC | Capital Southwest Corporation | Financial Services | Asset Management | 2.63% |
| BCSF | Bain Capital Specialty Finance Inc | Financial Services | Asset Management | 2.52% |
| OCSL | Oaktree Specialty Lending Corp | Financial Services | Asset Management | 2.03% |
| GSBD | Goldman Sachs BDC Inc | Financial Services | Asset Management | 2.01% |
| NCDL | Nuveen Churchill Direct Lending Corp. | Financial Services | Asset Management | 1.97% |
| SLRC | SLR Investment Corp | Financial Services | Asset Management | 1.65% |
| TRIN | Trinity Capital Inc | Financial Services | Asset Management | 1.25% |
| CCAP | Crescent Capital BDC Inc | Financial Services | Asset Management | 1.06% |