FCT

First Trust Senior Floating Rate Income Fund II
FCT
Market cap $263M

10.14 USD

-0.02

0.20%

At close Mar 13, 4:00 PM EDT

1 day

-0.20%

5 days

-0.49%

1 month

-2.78%

3 months

-2.78%

6 months

-1.93%

Year to date

-2.03%

1 year

-0.39%

5 years

-1.17%

10 years

-25.61%

About: First Trust Senior Floating Rate Income Fund II is the United States based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, the fund attempts to preserve capital. The fund seeks to achieve the objectives by investing in a portfolio of senior floating-rate loan interests. Its portfolio of investments consists of aerospace and defense, agricultural products, broadcasting, cable and satellite, electric utilities and other sectors.

0

Funds holding %

of 7,372 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

106% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 16

9% more funds holding

Funds holding: 64 [Q3] → 70 (+6) [Q4]

5% more capital invested

Capital invested by funds: $109M [Q3] → $114M (+$5.63M) [Q4]

2.1% more ownership

Funds ownership: 40.37% [Q3] → 42.47% (+2.1%) [Q4]

100% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 0 (-2) [Q4]

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Research analyst outlook

We haven’t received any recent analyst ratings for FCT.

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Financial journalist opinion

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for March

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 17, 2025, to shareholders of record as of March 3, 2025. The ex-dividend date is expected to be March 3, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.097 Dis.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for March

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.097 Per Share for February

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 February 18, 2025, to shareholders of record as of February 3, 2025. The ex-dividend date is expected to be February 3, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share:.

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.097 Per Share for February

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.097 Per Share for January

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 January 15, 2025, to shareholders of record as of January 2, 2025. The ex-dividend date is expected to be January 2, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: .

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.097 Per Share for January

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for December

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 December 16, 2024, to shareholders of record as of December 2, 2024. The ex-dividend date is expected to be December 2, 2024. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distributio.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for December

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These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month

These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for November

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 November 15, 2024, to shareholders of record as of November 1, 2024. The ex-dividend date is expected to be November 1, 2024. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per sh.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for November

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for October

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 October 15, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.0.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for October

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Need $15,000 Passive Income? Buy These Dividend Stocks

24/7 Wall Street Insights Closed-End Mutual Funds (CEF) trade like stocks but provide comparable performance to their Open-End Mutual Fund cousins and may have additional advantages.

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First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for September

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 September 16, 2024, to shareholders of record as of September 3, 2024. The ex-dividend date is expected to be September 3, 2024. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for September

FCT: No Longer An Attractive Entry Point Into This Low Leverage CEF (Rating Downgrade)

The First Trust Senior Floating Rate Income Fund II has performed well due to its floating rate collateral in a rising interest rate environment. However, with anticipated Fed rate cuts, the fund's performance is expected to slow down as floating rate assets become less attractive. The fund's historical performance in low interest rate environments is not impressive.

FCT: No Longer An Attractive Entry Point Into This Low Leverage CEF (Rating Downgrade)

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