NYSE : FCT

First Trust Senior Floating Rate Income Fund II

$9.6 USD

$0 (0.0%)

Volume
328.37K
Average Volume
118.69K
Market Capitalization
$249.44M
P/E Ratio
14.77
Dividend Yield
11.96%
Price Target
Year High
$10.29
Year Low
$9.40
Day High
—
Day Low
—
Payout Ratio
$1.23
Current Ratio
$0.01
Company Overview

NYSE

James Dykas

Asset Management

Financial Services

FCT

N/A

US

USD

https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FCT

630-765-8000

33733U108

0001282850

Liquidity Metrics

0.15

0.01

0.01

0.01

1.23

Sales & Valuation

$21.57M

9.69

0.93

14.30

0.67

Profitability

$0.72

$18.58M

65.54%

65.54%

6.21%

5.14%

P/E Metrics

14.77

-0.50

-0.50

Analyst Price Target & Rating

Neutral

3/5

2 Analysts

%

Poll Results

About First Trust Senior Floating Rate Income Fund II (NYSE:FCT) Stock

First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. It was formerly known as First Trust/Four Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States. ...

First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of First Trust Senior Floating Rate Income Fund II with and into First Trust Flexible Income ETF

2026-06-25 16:10:00

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the results of the special meeting of shareholders of First Trust Senior Floating Rate Income Fund II (NYSE: FCT) (the “Fund”) held on June 25, 2026. Shareholders of FCT, a diversified, closed-end management investment company organized as a Massachusetts business trust, have approved the reorganization of FCT with and into First Trust Flexible Income ETF, a newly formed series of First Trust Exchange-Traded Fund.

First Trust Senior Floating Rate Income Fund II Decreases its Monthly Common Share Distribution to $0.0813 Per Share for July

2026-06-18 16:10:00

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has decreased its regularly scheduled monthly common share distribution to $0.0813 per share from $0.097 per share. The distribution will be payable on July 15, 2026, to shareholders of record as of July 1, 2026. The ex-dividend date is expected to be July 1, 2026. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribu.

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust Senior Floating Rate Income Fund II with and into First Trust Flexible Income ETF

2026-06-09 16:10:00

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust Senior Floating Rate Income Fund II (NYSE: FCT) (the “Fund”) held on June 9, 2026 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into First Trust Flexible Income ETF (the “Reorganization”), a newly formed series of First Trust Exchange-T.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for June

2026-05-20 16:10:00

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on June 15, 2026, to shareholders of record as of June 1, 2026. The ex-dividend date is expected to be June 1, 2026. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share:   $0.097 Dist.

FCT: Another CEF Bites The Dust (Rating Downgrade)

2026-05-19 09:41:41

First Trust Senior Floating Rate Income Fund II (FCT) is downgraded to 'Hold' as its discount to NAV has narrowed to -1%. FCT's upcoming conversion to an ETF (FFLX), pending a June 2026 shareholder vote, will eliminate leverage and discount volatility. Post-conversion, FFLX will offer less risk and volatility but will no longer provide leveraged exposure to floating rate loans.

First Trust Advisors L.P. Announces Portfolio Manager Update Regarding the Reorganization of First Trust Senior Floating Rate Income Fund II

2026-05-14 16:10:00

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that its Leveraged Finance Investment Team, portfolio manager for First Trust Senior Floating Rate Income Fund II (NYSE: FCT) (the “Fund” or “FCT”), will release an update on the proposed reorganization (the “Reorganization”) of the Fund into First Trust Flexible Income ETF (“FFLX”), a newly formed exchange-traded fund organized as a separate series of First Trust Exchange-Traded Fund VIII, for financial professio.

CEF Market Weekly Review: Muni And Loan CEF Incomes Diverge

2026-04-25 22:21:16

We review the CEF market valuation and performance through the third week of April and highlight recent market action. CEFs had a strong week in response to positive news relating to the Iran conflict with MLPs underperforming. Loan CEFs face NII pressure from falling short-term rates, with funds like VVR, FCT, FRA, and BGT most vulnerable to distribution cuts as they haven't already adjusted.

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

2026-04-21 04:52:54

First Trust Senior Floating Rate Income Fund II (NYSE: FCT - Get Free Report) shares crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $9.74 and traded as high as $9.82. First Trust Senior Floating Rate Income Fund II shares last traded at $9.7950,

Frequently Asked Questions

What is the current First Trust Senior Floating Rate Income Fund II (FCT) stock price?

First Trust Senior Floating Rate Income Fund II(NYSE:FCT) stock price is $9.6 in the last trading session. During the trading session, FCT stock reached the peak price of $10.29 while $9.4 was the lowest point it dropped to. The percentage change in FCT stock occurred in the recent session was 0.0% while the dollar amount for the price change in FCT stock was $0.

FCT's industry and sector of operation?

The NYSE listed FCT is part of Asset Management industry that operates in the broader Financial Services sector.

Who are the executives of FCT?

Daniel Joel Lindquist | Portfolio Manager
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How many employees does FCT have?

Number of FCT employees currently stands at None. FCT operates from 120 East Liberty Drive, Wheaton, IL 60187, US.

Link for FCT official website?

Official Website of FCT is: https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FCT

How do I contact FCT?

FCT could be contacted at phone #630-765-8000 and can also be accessed through its website. FCT operates from 120 East Liberty Drive, Wheaton, IL 60187, US.

How many shares of FCT are traded daily?

The average number of FCT shares traded daily for last 3 months was 118.69K.

What is the market cap of FCT currently?

The market value of FCT currently stands at $249.44M with its latest stock price at $9.6