Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
26 May 2004Website:
http://www.ftportfolios.comNext earnings report:
N/ALast dividends:
03 June 2024Next dividends:
N/APrice
regular market | Mon, 01 Jul 2024 20:00:02 GMTAnalysts recommendations
Institutional Ownership
Similar companies
FCT Latest News
System is aimed at the hospital and outpatient market and incorporates features to improve image quality and workflow, and reduce patient dose System is aimed at the hospital and outpatient market and incorporates features to improve image quality and workflow, and reduce patient dose
First Trust Senior Floating Rate Income Fund II is a closed-end fund that provides income-focused investors with a high level of current income. The FCT fund's portfolio of floating-rate securities is resistant to changes in interest rates, making it a good option in a rising rate environment. The fund has delivered a respectable performance over the past few years, outperforming bond indices and offering a total return of 12.63% over three years.
First Trust Senior Floating Rate Income Fund II is a fixed-income closed-end fund that focuses on leveraged loans, offering a high dividend yield. FCT has outperformed other fixed-income offerings this year, thanks to its floating rate collateral and the current market conditions. The fund has a low leverage ratio of 18% for its asset class and an 11.7% dividend yield.
What type of business is First Trust Senior Floating Rate Income Fund II?
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.
What sector is First Trust Senior Floating Rate Income Fund II in?
First Trust Senior Floating Rate Income Fund II is in the Financial Services sector
What industry is First Trust Senior Floating Rate Income Fund II in?
First Trust Senior Floating Rate Income Fund II is in the Asset Management industry
What country is First Trust Senior Floating Rate Income Fund II from?
First Trust Senior Floating Rate Income Fund II is headquartered in United States
When did First Trust Senior Floating Rate Income Fund II go public?
First Trust Senior Floating Rate Income Fund II initial public offering (IPO) was on 26 May 2004
What is First Trust Senior Floating Rate Income Fund II website?
https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FCT
Is First Trust Senior Floating Rate Income Fund II in the S&P 500?
No, First Trust Senior Floating Rate Income Fund II is not included in the S&P 500 index
Is First Trust Senior Floating Rate Income Fund II in the NASDAQ 100?
No, First Trust Senior Floating Rate Income Fund II is not included in the NASDAQ 100 index
Is First Trust Senior Floating Rate Income Fund II in the Dow Jones?
No, First Trust Senior Floating Rate Income Fund II is not included in the Dow Jones index
When does First Trust Senior Floating Rate Income Fund II report earnings?
Next earnings report date is not announced yet