First Trust Senior Floating Rate Income Fund II·Financial Services

First Trust Senior Floating Rate Income Fund II (NYSE: FCT - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $9.83 and traded as low as $9.50. First Trust Senior Floating Rate Income Fund II shares last traded

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on April 15, 2026, to shareholders of record as of April 1, 2026. The ex-dividend date is expected to be April 1, 2026. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.097 Dis.

1607 Capital Partners LLC cut its position in shares of First Trust Senior Floating Rate Income Fund II (NYSE: FCT) by 66.2% during the undefined quarter, according to the company in its most recent filing with the SEC. The firm owned 53,461 shares of the investment management company's stock after selling 104,500 shares

VVR: Avoid This Floating-Rate Fund For The Time Being

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on March 16, 2026, to shareholders of record as of March 2, 2026. The ex-dividend date is expected to be March 2, 2026. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per sha.

First Trust Senior Floating Rate Income Fund II remains a hold due to limited earnings growth and unattractive price-to-NAV valuation. FCT's 11.7% yield is at risk as net investment income fails to cover distributions, especially with declining interest rates. The fund's reliance on net realized gains to support payouts introduces volatility and threatens dividend sustainability.
First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. It was formerly known as First Trust/Four Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.
Financial Services
Asset Management - Income
2004-05-26
0.32
Market Peers





