Welcome to our dedicated page for First Trust Senior Floating Rate Income Fund II news (Ticker: FCT), a resource for investors and traders seeking the latest updates and insights on First Trust Senior Floating Rate Income Fund II stock.
First Trust Senior Floating Rate Income Fund II (FCT) is a diversified closed-end management investment company in the First Trust fund family. The fund seeks a high level of current income, with capital preservation as a secondary objective, through a portfolio of senior secured floating-rate corporate loans.
News about FCT centers on closed-end fund governance, shareholder voting matters, distribution and NAV-related updates, leverage and capital-structure disclosures, listing-status matters, and material-event announcements involving the fund's organization and management by First Trust Advisors L.P.
First Trust Advisors announced that its Leveraged Finance Investment Team will provide an update on the proposed reorganization of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) into the newly formed First Trust Flexible Income ETF (FFLX) for financial professionals and investors.
The replay will be available from 5:00 p.m. ET May 18, 2026 through 5:00 p.m. ET June 17, 2026. FCT seeks high current income, primarily via senior secured floating-rate corporate loans, and is advised by First Trust, which oversaw about $319 billion as of March 31, 2026.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share, payable May 15, 2026, to shareholders of record as of May 1, 2026, with an expected ex-dividend date of May 1, 2026.
Based on the Fund's April 17, 2026 data, the distribution rate is 11.76% on NAV ($9.90) and 11.89% on the closing market price ($9.79). The distribution may include net investment income, return of capital and short-term realized gains.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share, payable April 15, 2026, to shareholders of record as of April 1, 2026, with an expected ex-dividend date of April 1, 2026.
Based on March 18, 2026 data, the distribution rate is 11.75% on NAV ($9.91) and 11.93% on the March 18 closing market price ($9.76). The distribution may include net investment income, return of capital and short-term realized gains.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share payable March 16, 2026, to shareholders of record March 2, 2026, with an expected ex-dividend date of March 2, 2026.
Based on February 18, 2026 data, the distribution rates were 11.58% on NAV ($10.05) and 11.66% on the closing market price ($9.98). The distribution may include net investment income, return of capital and net short-term realized gains.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share payable Feb 17, 2026 to holders of record Feb 2, 2026; ex-dividend date expected Feb 2, 2026.
Based on the Jan 16, 2026 NAV of $10.27 the distribution rate is 11.33%; based on the Jan 16, 2026 closing market price of $10.08 the distribution rate is 11.55%. The distribution will consist of net investment income and return of capital and may include net short-term realized gains; final tax characterization will be reported on Form 1099-DIV after 2026.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share, payable January 15, 2026, to shareholders of record as of January 2, 2026, with an expected ex-dividend date of January 2, 2026.
The notice states the distribution is composed of net investment income and return of capital and may include net short-term realized gains. Based on December 17, 2025 data, the distribution rates are 11.30% on NAV ($10.30) and 11.59% on closing market price ($10.04). Final 2026 tax characterization will be reported on Form 1099-DIV.
The advisor has ~$304 billion AUM as of October 31, 2025. The fund targets income by investing primarily in senior secured floating-rate loans and typically invests at least 80% of Managed Assets in lower grade debt.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) announced that its board approved a proposed tax‑free reorganization into First Trust Flexible Income ETF, an actively managed ETF expected to trade on the NYSE.
The Reorganization would transfer FCT’s assets and liabilities to the new ETF and provide FCT shareholders ETF shares equal in value to their aggregate NAV. The transaction is currently expected to be consummated during 2026, subject to shareholder approval, regulatory approvals, and customary closing conditions. A Registration Statement and Proxy Statement/Prospectus will be filed with the SEC; no assurance exists that approvals or timing will be obtained.
Advisor data: First Trust Advisors reports $304 billion AUM as of October 31, 2025.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share, payable on December 15, 2025 to shareholders of record as of December 1, 2025; the ex-dividend date is expected to be December 1, 2025.
Based on the Fund's November 19, 2025 NAV of $10.33, the distribution rate is 11.27%, and based on the November 19, 2025 closing market price of $9.53, the distribution rate is 12.21%. The distribution will consist of net investment income, return of capital and may include net short-term realized gains; final tax characterization will be reported on Form 1099-DIV after 2025 year-end.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) declared a monthly common share distribution of $0.097 per share payable November 17, 2025 to shareholders of record November 3, 2025; the ex-dividend date is expected to be November 3, 2025.
Based on the October 17, 2025 data the distribution rate is 11.26% on NAV ($10.34) and 12.01% on the closing market price ($9.69). The distribution may include net investment income, return of capital and short-term realized gains; final tax characterization will be reported on Form 1099-DIV after 2025 year-end.
First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has declared its monthly common share distribution of $0.097 per share for October 2025. The distribution is payable on October 15, 2025, to shareholders of record as of October 1, 2025.
Based on the September 17, 2025 metrics, the fund offers a distribution rate of 11.16% based on NAV of $10.43, and 11.70% based on the closing market price of $9.95. The distribution will consist of net investment income and return of capital, potentially including net short-term realized capital gains.
The Fund, managed by First Trust Advisors L.P. (FTA), primarily invests in senior secured floating-rate corporate loans, with at least 80% of its Managed Assets in lower grade debt instruments. FTA currently oversees approximately $290 billion in assets under management as of August 31, 2025.