Welcome to our dedicated page for First Trust Senior FR Income II SEC filings (Ticker: FCT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for First Trust Senior Floating Rate Income Fund II (FCT) provides access to the fund’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. As a diversified, closed-end management investment company listed on the NYSE, FCT reports information about its structure, investment objectives and material events through forms such as Form 8-K, registration statements and related exhibits.
FCT seeks a high level of current income, with a secondary objective of attempting to preserve capital, by investing primarily in senior secured floating-rate corporate loans and lower grade debt instruments. SEC filings help explain how these objectives are implemented in practice, detailing policies such as the requirement to invest at least 80% of Managed Assets in senior secured floating-rate corporate loans under normal market conditions and the definition of Managed Assets as total asset value minus certain liabilities.
A notable recent filing is a Form 8-K dated December 9, 2025, which reports a material event: the Board of Trustees’ approval of a proposed reorganization of FCT into First Trust Flexible Income ETF, a newly created, actively managed ETF expected to trade on the NYSE. The Form 8-K references a press release filed as an exhibit, which describes the proposed transfer of FCT’s assets and assumption of its liabilities by the new ETF, and the issuance of ETF shares to FCT shareholders with a value equal to the aggregate net asset value of their FCT holdings, subject to shareholder and regulatory approvals and customary closing conditions.
Through this page, users can review such filings to understand how FCT discloses material events, investment policies and structural changes. AI-powered tools on the platform can summarize lengthy documents, highlight key items such as proposed reorganizations and clarify terminology used in filings, helping readers interpret how regulatory disclosures relate to the fund’s income-focused strategy and its potential transition to an ETF structure.
Morgan Stanley and its affiliate Parametric Portfolio Associates LLC report their beneficial ownership in First Trust Senior Floating Rate Income Fund II common shares. They together beneficially own 1,061,383 shares, representing 4.1% of the fund’s outstanding common shares of beneficial interest.
All voting and dispositive authority over these shares is shared, with no sole voting or dispositive power reported. Both Morgan Stanley and Parametric state they are now beneficial owners of 5 percent or less of this class and certify that the holdings are maintained in the ordinary course of business, not to influence control of the fund.
First Trust Senior Floating Rate Income Fund II announced that its Board of Trustees has approved a proposed reorganization of the closed-end fund into a new exchange-traded fund called First Trust Flexible Income ETF. The new ETF will be actively managed and listed for trading on the NYSE, with First Trust Advisors L.P. continuing as investment manager.
This move would shift investors from a traditional closed-end fund structure to an ETF structure, which typically offers intraday trading and different pricing dynamics. Details of timing, mechanics, and any required approvals are referenced in an accompanying press release dated December 9, 2025.
Thomas J. Driscoll filed an initial Form 3 disclosing his relationship to First Trust Senior Floating Rate Income Fund II (FCT) as a Director. The filing shows 0 common shares beneficially owned and was signed by an attorney-in-fact on 09/05/2025 for an event dated 09/04/2025. The form documents the reporting obligation under Section 16 and lists no derivative holdings.
Kevin L. Ziets filed an Initial Statement of Beneficial Ownership (Form 3) for First Trust Senior Floating Rate Income Fund II (FCT) reporting his relationship to the issuer as an Officer (Portfolio Manager). The event date triggering the filing was 04/14/2025. The filing discloses 0 common shares beneficially owned (direct). The form is signed by an attorney-in-fact on 08/12/2025.