First Trust Senior Floating Rate Income Fund II
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $248.7M
- Price
- $9.57
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.10%
- Volume
- 186.3K
Quote data as of 6:30 PM ET
About
The First Trust Senior Floating Rate Income Fund II (FCT) is a closed-end investment vehicle focused on fixed income. Administered by First Trust Advisors L.P., this U.S.-domiciled fund primarily invests in American fixed-income markets. Its primary objective is to acquire a portfolio consisting of senior secured corporate loans with variable interest rates. The fund benchmarks its returns against the S&P/LSTA Leveraged Loan Index. Formed on May 25, 2004, the fund formerly operated under the name First Trust/Four Corners Senior Floating Rate Income Fund II.
Quick stats
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View FCT on signal8.aiKey info
SectorFinancial Services
IndustryAsset Management - Income
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001282850
AI Summary
AI-generated3h agostandardneutralm and aFirst 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
Shareholders of First Trust Senior Floating Rate Income Fund II approved the reorganization of the fund into the First Trust Flexible Income ETF.
The transaction is expected to close on or around August 10, 2026, on a tax-free basis, with FCT assets transferring to FFLX.
During the transition, FCT will hold increased cash levels, which may affect performance and cause returns to differ from the fund's principal investment strategy.
Red flags
- Transition period cash holdings may cause returns to differ from principal investment strategy