First Trust Senior Floating Rate Income Fund II (FCT)
First Trust Senior Floating Rate Income Fund II operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $9.67, up 0.21% on the session, giving a market capitalisation of $251.3M. On trailing twelve-month figures it carries a trailing P/E of 21.72, a net margin of 60.3%. Its beta of 0.30 implies it has historically moved less than the broad market.
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 Senior Floating Rate Income Fund II is most often compared with the following Financial Services names: