First Trust Announces Completion of First Trust Specialty Finance and Financial Opportunities Fund Reorganization into FT Confluence BDC & Specialty Finance Income ETF
WHEATON, Ill., June 30, 2025--First Trust Advisors L.P. ("FTA") announced today that the reorganization of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB), a closed-end management investment company, managed by FTA and sub-advised by Confluence Investment Management LLC ("Confluence"), into FT Confluence BDC & Specialty Finance Income ETF (NYSE: FBDC), an actively managed exchange-traded fund ("ETF") managed by FTA and sub-advised by Confluence, was completed prior to