First Trust Senior FR Income II Stock Price, News & Analysis

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced its monthly common share distribution of $0.097 per share for April, payable on April 15, 2025, to shareholders of record as of April 1, 2025. The ex-dividend date is set for April 1, 2025.

The Fund is a diversified, closed-end management investment company focusing on senior secured floating-rate corporate loans. Its primary objective is achieving high current income, with capital preservation as a secondary goal. Under normal conditions, the Fund invests at least 80% of its Managed Assets in lower grade debt instruments.

First Trust Advisors L.P. (FTA), the Fund's investment advisor, manages approximately $266 billion in assets as of February 28, 2025. The Fund maintains a practice of seeking stable monthly distributions, though this may impact the Fund's NAV.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced its monthly common share distribution of $0.097 per share for March, 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 Fund primarily invests in senior secured floating-rate corporate loans, with at least 80% of its Managed Assets allocated to lower grade debt instruments under normal market conditions. Its primary objective is to seek high current income, with capital preservation as a secondary goal.

First Trust Advisors L.P. (FTA), the Fund's investment advisor, manages approximately $266 billion in assets as of January 31, 2025. The Fund maintains a practice of seeking stable monthly distributions, though this may impact the Fund's NAV. The distribution will consist of net investment income earned and return of capital, potentially including net short-term realized capital gains.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced its monthly common share distribution of $0.097 per share for February, payable on February 18, 2025, to shareholders of record as of February 3, 2025. Based on January 17, 2025 figures, this represents a distribution rate of 10.76% on NAV ($10.82) and 11.28% on market price ($10.32).

The Fund primarily invests in senior secured floating-rate corporate loans, with at least 80% of its Managed Assets allocated to lower grade debt instruments under normal market conditions. The distribution will comprise net investment income and return of capital, potentially including net short-term realized capital gains. The final tax status determination will be made after 2025 end.

First Trust Advisors L.P. (FTA), the Fund's investment advisor, manages approximately $256 billion in assets as of December 31, 2024. The Fund maintains a practice of relatively stable monthly distributions, though this may impact its NAV.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced its monthly common share distribution of $0.097 per share, payable on January 15, 2025, to shareholders of record as of January 2, 2025. The distribution rate is 10.73% based on December 18, 2024 NAV of $10.85, and 11.32% based on the closing market price of $10.28.

The Fund primarily invests in senior secured floating-rate corporate loans, with at least 80% of its Managed Assets in lower grade debt instruments under normal market conditions. The distribution will consist of net investment income and return of capital, with final tax status to be determined after 2024. First Trust Advisors L.P. manages approximately $264 billion in assets as of November 30, 2024.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced its monthly common share distribution of $0.097 per share for December 2024. The distribution is payable on December 16, 2024, to shareholders of record as of December 2, 2024. Based on the November 19, 2024 NAV of $10.87, the distribution rate is 10.71%, while the rate based on the closing market price of $10.36 is 11.24%.

The Fund primarily invests in senior secured floating-rate corporate loans, with at least 80% of its Managed Assets in lower grade debt instruments under normal market conditions. The distribution will consist of net investment income and return of capital, with final tax status to be determined after 2024.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has announced a monthly common share distribution of $0.097 per share payable on November 15, 2024, to shareholders of record as of November 1, 2024. The ex-dividend date is also November 1, 2024. The distribution rate is 10.72% based on the October 18, 2024 NAV of $10.86, and 11.25% based on the closing market price of $10.35. The distribution includes net investment income, return of capital, and possibly net short-term realized capital gains. Final tax status will be provided on Form 1099-DIV after year-end.

The Fund, managed by First Trust Advisors L.P., aims for high current income and capital preservation by investing primarily in senior secured floating-rate corporate loans. It will invest at least 80% of its managed assets in lower-grade debt instruments under normal conditions. The Fund's investment strategy is unaffected by its distribution practices, which may impact NAV.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) announced a monthly common share distribution of $0.097 per share for October 2024. The payment date is October 15, 2024, with a record date of October 1, 2024. The distribution rate is 10.72% based on the September 18, 2024 NAV of $10.86 and 11.26% based on the closing market price of $10.34. The distribution includes net investment income, return of capital, and may include short-term realized capital gains. The final determination of the source and tax status will be provided on Form 1099-DIV after the end of 2024. The Fund aims to maintain a stable monthly distribution, which can be adjusted periodically. The Fund invests primarily in senior secured floating-rate corporate loans and aims for high current income and capital preservation. The Fund is managed by First Trust Advisors L.P., which oversees $241 billion in assets as of August 31, 2024.

First Trust Senior Floating Rate Income Fund II (NYSE: FCT) has declared its monthly common share distribution of $0.097 per share for September, payable on September 16, 2024, to shareholders of record as of September 3, 2024. The distribution rate is 10.72% based on the August 19, 2024 NAV of $10.86, and 11.38% based on the closing market price of $10.23.

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

First Trust Advisors L.P. (FTA) serves as the Fund's investment advisor, managing approximately $235 billion in assets as of July 31, 2024.

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.