First Trust Senior Floating Rate Income Fund II - FCT STOCK NEWS

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has declared its monthly common share distribution of $0.097 per share for August, payable on August 15, 2024, to shareholders of record as of August 1, 2024. The distribution rate is 10.65% based on the July 19, 2024 NAV of $10.93, and 11.28% based on the closing market price of $10.32.

The Fund's primary objective is to seek a high level of current income, with capital preservation as a secondary goal. It invests primarily in senior secured floating-rate corporate loans, with at least 80% of its Managed Assets in lower grade debt instruments under normal market conditions.

First Trust Advisors L.P. (FTA) serves as the Fund's investment advisor, managing approximately $228 billion in assets as of June 30, 2024. The Fund faces various risks, including market volatility, interest rate changes, and credit risk associated with below-investment grade securities.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced a monthly common share distribution of $0.097 per share for July 2024. Shareholders on record as of July 1, 2024, will receive this distribution on July 15, 2024. The distribution rate is 10.65% based on the June 18 NAV of $10.93 and 11.48% based on the market price of $10.14. This payout will include net investment income and return of capital, with possible short-term realized capital gains. The final tax status will be determined post-2024 and reported on Form 1099-DIV. The Fund invests primarily in senior secured floating-rate corporate loans, targeting high current income and capital preservation. Principal risks involve market fluctuations, economic conditions, and credit risks associated with lower-grade debt instruments.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) announced its scheduled monthly common share distribution of $0.097 per share for June 2024. This distribution, payable on June 17, 2024, to shareholders of record as of June 3, 2024, represents a distribution rate of 10.56% based on the May 17, 2024 NAV of $11.02 and 11.03% based on the May 17, 2024 closing market price of $10.55. The distribution consists of net investment income, return of capital, and potential net short-term realized capital gains.

First Trust Advisors L.P., managing approximately $218 billion in assets, serves as the investment advisor. The Fund invests primarily in senior secured floating-rate corporate loans, focusing on lower-grade debt instruments, which may present higher credit risk. The Fund aims to maintain stable monthly distributions, which could affect its NAV. Risks associated with the Fund include market risk, credit risk, interest rate risk, and liquidity risk, among others.

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.

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.

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.

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.

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.

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.