First Trust Senior FR Inc II:FCT

    Manage Alerts


    As of 6/7/2023

    52 Wk Avg$9.92$11.06-10.24%
    52 Wk High$10.99$11.35-3.88%
    52 Wk Low$9.32$10.67-15.27%
    Regular Distribution TypeIncome Only
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund is a diversified investment management company that seeks a high level of current income with a secondary objective of capital preservation. It will pursue its investment objectives through investment in a portfolio of senior secured floating rate corporate loans (Senior Loans). Under normal market conditions, it will invest at least 80% of its assets in lower grade debt instruments. Normally, it may also invest up to 10% of its assets in revolving credit facilities, investment grade debtor-in-possession financing, unsecured loans, other floating rate debt securities, such as notes, bonds, and asset-backed securities, investment grade loans and fixed income debt obligations and money market instruments, such as commercial paper. It may also invest up to 15% of its assets in US dollar-denominated foreign investments, predominantly in developed countries, but in no case in emerging market countries.

    Capital Structure

    As of 6/7/2023

    Total Investment Exposure:$338.518M
    Total Common Assets:$284.518M
    Common Shares Outstanding:25,983,388

    As of 6/7/2023

    Preferred Share Assets:
    Total Debt (USD): $54.000M
    Regulatory Leverage (USD): $54.000M
    Effective Leverage (USD): $54.000M
    Effective Leverage (%): 15.95%
    Annual Expense Ratios

    As of 5/31/2023

      Per Common Share
    Management Fees1.04%
    Other Expenses:0.20%
    Baseline Expense: N/A
    Interest Expense:0.42%
    Total: 1.67%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    Jeffrey Scott, William Housey

    Category: Fixed Income - Taxable-Senior Loans
    Ticker: FCT
    NAV Ticker: XFCTX
    Average Daily Volume (shares): 108,622
    Average Daily Volume (USD): $1.076M
    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


    As of

    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
    ERROR: No data

    Pricing Information

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

    As of 6/7/2023

    PeriodAvg Discount
    6 Month-12.08%
    1 Year-10.24%
    3 Year-6.64%
    5 Year-8.72%

    As of 6/7/2023

    3 Month0.62
    6 Month0.12
    1 Year-0.71
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 5/31/2023
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 2/28/2023
    Annual Portfolio Turnover:
    As of 5/31/2023
    Asset Allocation

    As of 2/28/2023

    Top Sectors

    As of 2/28/2023

    Corporate (Super Sector)97.74%
    Bank Loan88.32%
    Corporate Bond9.42%
    Cash Equivalents1.97%
    Cash Equivalents (Super Sector)1.97%
    Top Holdings

    As of 2/28/2023

    HoldingValue% Portfolio
    Hub International Ltd Hbgcn Tl B 1l Usd$13.70M3.98%
    Verscend Holding Corp Vcvhho Tl B 1l Usd$12.32M3.58%
    Pg&E Corp Pcg Tl B 1l Usd$9.14M2.66%
    Mh Sub I Llc Inet Tl 1l Usd$8.40M2.44%
    Zelis Payments Buyer Inc Strato Tl B 1l Usd$7.61M2.21%
    Sba Senior Finance Ii Llc Sbac Tl B 1l Usd$7.25M2.11%
    Nexstar Broadcasting Inc Nxst Tl B 1l Usd$6.81M1.98%
    CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125%$6.48M1.89%
    Assuredpartners Inc Asspar Tl B 1l Usd$6.30M1.83%
    Four Seasons Hotels Ltd Fshcn Tl 1l Usd$5.96M1.73%
    Credit Quality

    As of 2/28/2023

    Maturity Breakdown

    As of 2/28/2023

    Country Allocation

    As of 2/28/2023

    Country% Portfolio
    United States - Fixed Income7.16%
    Canada - Fixed Income0.51%
    United Kingdom - Equity0.00%

    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.


    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.