First Trust Senior FR Inc II:FCT

    Manage Alerts

    Overview

    As of 6/21/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$10.18$10.94-6.95%
    52 Wk Avg$10.04$11.05-9.15%
    52 Wk High$10.59$11.17-4.26%
    52 Wk Low$9.51$10.93-13.43%
    Regular Distribution TypeIncome Only
    Distribution Rate11.43%
    Distribution Amount$0.0970
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The primary investment objective of First Trust Senior Floating Rate Income Fund II is to seek a high level of current income with capital preservation as secondary objective. The Fund pursues its investment objectives by investing primarily in a portfolio of senior secured floating-rate corporate loans (“Senior Loans”).

    Capital Structure

    As of 6/21/2024

    Total Investment Exposure:$352.258M
    Total Common Assets:$284.258M
    Common Shares Outstanding:25,983,388
    Leverage

    As of 6/21/2024

    Preferred Share Assets:
    Total Debt (USD): $68.000M
    Regulatory Leverage (USD): $68.000M
    Effective Leverage (USD): $68.000M
    Effective Leverage (%): 19.30%
    Annual Expense Ratios

    As of 5/31/2024

      Per Common Share
    Management Fees0.92%
    Other Expenses:0.20%
    Baseline Expense: N/A
    Interest Expense:0.96%
    Total: 2.08%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    Jeffrey Scott, William Housey

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: FCT
    NAV Ticker: XFCTX
    Average Daily Volume (shares): 89,986
    Average Daily Volume (USD): $0.906M
    Inception Date: 5/25/2004
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: May 31
    Third Party Links & Reports

    Distributions

    As of 6/21/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2023
    $0.4642
    Annualized Distribution Rate on NAV:
    As of 6/21/2024
    10.64%
    Total Return on NAV (12 months):
    As of 6/21/2024
    11.82%
    Total % Portfolio Effectively Leveraged:
    As of 6/21/2024
    19.30%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/21/2024

    PeriodAvg Discount
    6 Month-8.00%
    1 Year-9.15%
    3 Year-6.83%
    5 Year-8.21%
    Z-Score

    As of 6/21/2024

    PeriodZStat
    3 Month-0.67
    6 Month0.51
    1 Year1.10
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2024
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD8.85%3.17%9.31%4.73%
    202318.02%11.77%18.44%14.27%
    2022-14.48%-3.57%-14.61%-6.12%
    202113.73%5.13%20.67%7.70%
    20202.03%0.84%0.14%1.12%
    201920.10%11.78%18.13%8.70%
    2018-8.09%-1.74%-7.68%-1.95%
    2017-1.08%3.69%3.80%5.83%
    201619.54%12.55%24.86%18.27%
    20151.55%-0.21%-3.65%-4.65%
    2014-4.64%1.85%-2.59%1.36%
    20131.71%7.15%3.18%9.08%
    201223.00%13.08%23.78%15.96%
    20110.66%2.72%  
    201022.40%10.66%  
    200979.70%72.89%  
    2008-49.66%-48.27%  
    2007-8.99%-0.59%  
    200616.23%6.93%  
    2005-2.38%5.49%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2024
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 2/29/2024
    151
    Annual Portfolio Turnover:
    As of 5/31/2024
    67.00%
    Asset Allocation

    As of 2/29/2024

    Top Sectors

    As of 2/29/2024

    Sector%Portfolio
    Corporate (Super Sector)98.48%
    Bank Loan91.51%
    Corporate Bond6.97%
    Cash Equivalents1.24%
    Cash Equivalents (Super Sector)1.24%
    Top Holdings

    As of 2/29/2024

    HoldingValue% Portfolio
    Camelot Us Acquisition Llc Ccc Tl B 1l Usd$7.77M2.43%
    Hub International Ltd Hbgcn Tl B 1l Usd$7.53M2.35%
    Dun & Bradstreet Corp Dnb Tl B 1l Usd$6.89M2.15%
    Alliant Holdings Intermedi Aliant Tl B6 1l Usd$6.82M2.13%
    Nexstar Broadcasting Inc Nxst Tl B 1l Usd$6.81M2.13%
    1011778 Bc Ulc Bculc Tl B5 1l Usd$6.57M2.05%
    Assuredpartners Inc Asspar Tl B 1l Usd$6.37M1.99%
    Broadstreet Partners Inc Bropar Tl B 1l Usd$5.92M1.85%
    Irb Holding Corp Argihc Tl B 1l Usd$5.54M1.73%
    Realpage Inc Rp Tl B 1l Usd$5.52M1.72%
    Credit Quality

    As of 2/29/2024

    Maturity Breakdown

    As of 2/29/2024

    Country Allocation

    As of 2/29/2024

    Country% Portfolio
    United States - Fixed Income5.48%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W