First Trust Senior FR Inc II:FCT

    Manage Alerts

    Overview

    As of 7/26/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$12.35$12.54-1.52%
    52 Wk Avg$11.73$12.67-7.44%
    52 Wk High$12.84$12.940.95%
    52 Wk Low$10.42$12.27-14.97%
    Regular Distribution TypeIncome Only
    Distribution Rate8.71%
    Distribution Amount$0.0896
    Distribution FrequencyMonthly
    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 7/26/2021

    Total Investment Exposure:$453.564M
    Total Common Assets:$325.564M
    Common Shares Outstanding:25,962,055
    Leverage

    As of 7/26/2021

    Preferred Share Assets:
    Total Debt (USD): $128.000M
    Regulatory Leverage (USD): $128.000M
    Effective Leverage (USD): $128.000M
    Effective Leverage (%): 28.22%
    Annual Expense Ratios

    As of 5/31/2021

      Per Common Share
    Management Fees1.05%
    Other Expenses:0.20%
    Baseline Expense: N/A
    Interest Expense:1.09%
    Total: 2.35%
    Fund Management

    Fund Sponsor
    First Trust Advisors L.P.

    Portfolio Managers
    William Housey, Scott D. Fries

    Basics
    Category: Fixed Income - Taxable-Senior Loans
    Ticker: FCT
    NAV Ticker: XFCTX
    Average Daily Volume (shares): 132,025
    Average Daily Volume (USD): $1.564M
    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 7/26/2021

    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 11/30/2020
    $0.2668
    Annualized Distribution Rate on NAV:
    As of 7/26/2021
    8.57%
    Total Return on NAV (12 months):
    As of 7/26/2021
    13.44%
    Total % Portfolio Effectively Leveraged:
    As of 7/26/2021
    28.22%

    Pricing Information

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

    As of 7/26/2021

    PeriodAvg Discount
    6 Month-3.30%
    1 Year-7.44%
    3 Year-10.55%
    5 Year-8.64%
    Z-Score

    As of 7/26/2021

    PeriodZStat
    3 Month-0.43
    6 Month0.64
    1 Year1.26
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2021
    Category: Morningstar US CEF Senior Loans

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD14.94%3.82%16.41%5.64%
    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%-4.49%1.82%
    201022.40%10.66%24.86%14.07%
    200979.70%72.89%89.99%79.89%
    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 6/30/2021
    Category: Morningstar US CEF Senior Loans

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 2/28/2021
    168
    Annual Portfolio Turnover:
    As of 5/31/2021
    64.00%
    Pre-Refunded:
    9.46%
    Asset Allocation

    As of 2/28/2021 reported by Fund Sponsor

    Top Sectors

    As of 2/28/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)93.09%
    Bank Loan89.04%
    Corporate Bond4.05%
    Cash Equivalents1.60%
    Cash Equivalents (Super Sector)1.60%
    Defensive (Super Sector)0.38%
    Utilities0.38%
    Communication Services0.05%
    Sensitive (Super Sector)0.05%
    Top Holdings

    As of 2/28/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Bausch Health Companies$14.90M3.10%
    Hub International Ltd Hbgcn Tl B 1l Usd$13.84M2.88%
    Mph Acquisition Holdings Mltpln Tl B 1l Usd$12.12M2.52%
    Chg Healthcare Services Inc Comhea Tl 1l Usd$11.33M2.36%
    Graham Packaging/Gpc Cap Grmpac Tl 1l Usd$10.69M2.22%
    Endo Luxembourg Finance Endp Tl B 1l Usd$9.48M1.97%
    Hyland Software Inc Hsi Tl 1l Usd$8.91M1.85%
    Verscend Holding Corp Vcvhho Tl B 1l Usd$8.72M1.81%
    Mcafee Llc Mcafee Tl B 1l Usd$8.35M1.74%
    Boxer Parent Co Inc Bmc Tl B 1l Usd$8.25M1.72%
    Maturity Breakdown

    As of 2/28/2021 reported by Fund Sponsor

    Country Allocation

    As of 2/28/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income1.87%
    France - Fixed Income1.11%
    United States - Equity0.43%
    United Kingdom - Equity0.06%

    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.

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