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First Trust Senior Floating Rate Income Fund II
FCTFinancial ServicesNYSEUS
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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.
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.
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.
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 - 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,
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 May 15, 2026, to shareholders of record as of May 1, 2026. The ex-dividend date is expected to be May 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 .
First Trust Senior Floating Rate Income Fund II (NYSE: FCT - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $9.83 and traded as low as $9.50. First Trust Senior Floating Rate Income Fund II shares last traded
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 April 15, 2026, to shareholders of record as of April 1, 2026. The ex-dividend date is expected to be April 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 Dis.
1607 Capital Partners LLC cut its position in shares of First Trust Senior Floating Rate Income Fund II (NYSE: FCT) by 66.2% during the undefined quarter, according to the company in its most recent filing with the SEC. The firm owned 53,461 shares of the investment management company's stock after selling 104,500 shares
