Welcome to our dedicated news page for First Trust Senior Floating Rate Income Fund II (Ticker: FCT), a resource for investors and traders seeking the latest updates and insights on First Trust Senior Floating Rate Income Fund II.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Trust Senior Floating Rate Income Fund II's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Trust Senior Floating Rate Income Fund II's position in the market.
Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) has declared a monthly common share distribution of $0.097 per share for May 2024. The distribution is payable on May 15, 2024, to shareholders of record as of May 2, 2024, with an ex-dividend date of May 1, 2024. The distribution consists of net investment income, return of capital, and may include net short-term realized capital gains. The Fund aims to maintain a stable monthly distribution while investing primarily in senior secured floating-rate corporate loans. First Trust Advisors L.P. serves as the Fund's investment advisor, with assets under management of approximately $226 billion as of March 28, 2024. The Fund's investment objectives are to seek high current income and preserve capital.
Rhea-AI Impact
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End-of-Day
0.88%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) declares a monthly common share distribution of $0.097 per share, payable on April 15, 2024. The distribution rate based on NAV is 10.50%, and based on the market price is 11.31%. The Fund aims for current income and capital preservation through investments in senior secured floating-rate corporate loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) declares a monthly common share distribution of $0.097 per share, payable on March 15, 2024. The distribution consists of net investment income, return of capital, and may include net short-term realized capital gains. The Fund aims for a stable monthly distribution to benefit market price and NAV premium/discount. Managed by First Trust Advisors L.P., the Fund primarily invests in senior secured floating-rate corporate loans.
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Rhea-AI Sentiment
End-of-Day
1.19%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) has declared a monthly common share distribution of $0.097 per share, payable on February 15, 2024, to shareholders of record as of February 2, 2024. The distribution rate based on the January 19, 2024 NAV is 10.51%, and based on the closing market price is 11.87%. The Fund's primary objective is to seek a high level of current income while attempting to preserve capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) has declared a monthly common share distribution of $0.097 per share payable on January 16, 2024, with a distribution rate of 10.47% based on the NAV and 11.76% based on the closing market price as of December 19, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT): Monthly distribution declared at $0.097 per share, payable on December 15, 2023, to shareholders of record as of December 4, 2023. The distribution consists of net investment income, return of capital, and net short-term realized capital gains. The Fund aims to maintain a stable monthly distribution, investing primarily in senior secured floating-rate corporate loans.
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Rhea-AI Sentiment
End-of-Day
-0.3%
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First Trust Advisors L.P. (NYSE: FCT & FTHY) to Release Market Update for Financial Professionals and Investors
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Rhea-AI Sentiment
End-of-Day
0.71%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II declares monthly common share distribution of $0.097 per share payable on November 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) declares monthly distribution of $0.097 per share, with a distribution rate of 10.45% based on NAV and 11.46% based on market price. The distribution consists of net investment income, return of capital, and net short-term realized capital gains. The Fund aims for a stable monthly distribution. The Fund's primary objective is to seek a high level of current income and preserve capital by investing in senior secured floating-rate corporate loans. First Trust Advisors L.P. believes the practice of maintaining a stable distribution may benefit the Fund's market price and premium/discount to NAV but may reduce the Fund's NAV.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
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Rhea-AI Summary
First Trust Senior Floating Rate Income Fund II (FCT) declares monthly distribution of $0.097 per share, payable on September 15, 2023. Distribution Rate based on NAV is 10.51% and based on closing market price is 11.62%. Distribution consists of net investment income, return of capital, and net short-term realized capital gains. Seeking to maintain a stable monthly distribution. Fund's primary objective is high current income.
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Rhea-AI Sentiment
End-of-Day
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First Trust Senior Floating Rate Income Fund II
NYSE:FCT
FCT Rankings
FCT Stock Data
266.33M
25.98M
8.53%
70.26%
0.2%
Securities and Commodity Exchanges
Finance and Insurance
United States of America
Boston
About FCT
first trust portfolios l.p. and first trust advisors l.p.("first trust") were founded in 1991 with a mission to offer investors a better way to invest. we are single-minded about providing trusted investment products and advisory services. we're inspired every day by how financial advisors and their customers use our products and services to define goals, solve problems and develop long-term strategies. everyone in our company is encouraged to work diligently and respectfully to deliver superior products, services and results that will contribute to the prosperity of our clients. our approach is simple, and our company was built with these core principles in mind: - know what you own - invest for the long-term - employ discipline - re-balance - control taxes we are committed to providing original ideas, inventive products and the highest level of service. disclaimer: this content is for information purposes only and should not be considered an offer to purchase or sell any security. t