FCT Research | Milton Maxwell

FCT

First Trust Senior Floating Rate Income Fund II

10.02

+0.01+0.1%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

260.35M

P/E (TTM)

14.11

Basic EPS (TTM)

0.71

Dividend Yield

0.12%

Recent Filings

8-K

12/9/25Dec 9, 2025

8-K

Fund update announced

11/13/23Nov 13, 2023

First Trust Senior Floating Rate Income Fund II announced a market and fund update from its Leveraged Finance Investment Team, set for release on November 15, 2023, accessible via replay until December 15. This comes amid volatile conditions from rising interest rates, geopolitical tensions, and banking disruptions that heighten risks for the fund's junk-rated senior loans. No performance details disclosed. Updates like this signal vigilance.

8-K

New trustee appointed

9/12/23Sep 12, 2023

First Trust Senior Floating Rate Income Fund II appointed Bronwyn Wright as a Trustee effective September 10, 2023, bolstering its governance with her expertise in fund services from roles at Citibank Europe and Irish investment funds. She joins the Audit, Valuation, and Nominating and Governance Committees. No related-party transactions disclosed. This adds seasoned oversight to the fund's board.

8-K

By-laws rescind control share limits

6/23/23Jun 23, 2023

First Trust Senior Floating Rate Income Fund II amended its by-laws on June 22, 2023, rescinding Article XII's control share provisions that limited voting rights for shares acquired in control transactions. This change, effective immediately, restores full voting rights to all shareholders, aligning with a board decision across multiple First Trust closed-end funds to simplify governance. No financial impacts disclosed. Shareholders now vote without restrictions.

8-K

Portfolio update announced

11/2/22Nov 2, 2022

First Trust Advisors L.P. announced an upcoming market and portfolio update for the First Trust Senior Floating Rate Income Fund II (NYSE: FCT) and First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY), delivered by its Leveraged Finance Investment Team on November 4, 2022. The replay will be accessible until December 4, 2022, offering insights into high-yield and floating-rate loan strategies amid volatile conditions. No specific performance data or guidance was disclosed. Investors face elevated credit risks from below-investment-grade holdings.

About

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.

CEO

Mr. Daniel Joel Lindquist C.F.A.

IPO

5/26/2004

Website

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

Sector

Financial Services

Industry

Asset Management