First trust announces completion of first trust specialty finance and financial opportunities fund reorganization into ft confluence bdc & specialty finance income etf

Wheaton, ill.--(business wire)--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 pr.
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