First Trust Senior Floating Rate Income Fund II declares $0.097 dividend

Press Release: First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for May

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for May 15, 2024. The Fund's regularly scheduled monthly common share distribution is payable on May 15 to shareholders of record as of May 2. The monthly distribution rate is based on the April 19, 2024 NAV of $11.02.

Press Release: First Trust Senior Floating Rate -2-

The Fund's portfolio is also subject to credit risk, interest rate risk, liquidity risk, prepayment risk and reinvestment risk. The Fund may be required to incur extraordinary expenses to protect and recover its investment. Use of leverage can result in additional risk and cost. The risks of investing in the Fund are spelled out.

Weekly Report: what happened at FCT last week (0415-0419)?

Weekly Report: what happened at FCT last week (0408-0412)?

FCT: 11% Yield, Monthly Payer

First Trust Senior Floating Rate Income Fund II is a closed-end fund that focuses on senior secured floating-rate corporate loans. The FCT CEF offers a high dividend yield of 11.30% and has outperformed the CEF debt industry on a price and total return basis. At $10.30, FCT's dividend yield is attractive.

Weekly Report: what happened at FCT last week (0401-0405)?

Weekly Report: what happened at FCT last week (0325-0329)?

EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario

The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80% - higher than most investment-grade or junk bond funds. The fund's portfolio consists mainly of floating-rate senior loans, which have higher yields than long-dated bonds in an inverted yield curve situation. Economic data suggests that the Federal Reserve should not be thinking about interest rate cuts. The EFT fund has a very attractive yield and is currently trading at a discount to its NAV.

Weekly Report: what happened at FCT last week (0318-0322)?

First Trust Senior Floating Rate Income Fund II declares $0.097 dividend

Press Release: First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for April

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for April 15, 2024. The Fund's primary investment objective is to seek a high level of current income. The monthly distribution rate is based on the March 19, 2024 NAV of $11.09.

Press Release: First Trust Senior Floating Rate -2-

The Fund's portfolio is also subject to credit risk, interest rate risk, liquidity risk, prepayment risk and reinvestment risk. Distressed securities frequently do not produce income while they are outstanding. Use of leverage can result in additional risk and cost. The risks of investing in the Fund are spelled out in the shareholder reports.

Weekly Report: what happened at FCT last week (0311-0315)?

Weekly Report: what happened at FCT last week (0304-0308)?

Weekly Report: what happened at FCT last week (0226-0301)?

Weekly Report: what happened at FCT last week (0219-0223)?

First Trust Senior Floating Rate Income Fund II declares $0.097 dividend

First Trust Senior Floating Rate Income Fund II (FCT) declares $0.097 dividend Feb. 20, 2024. Forward yield 11.59% Payable March 15; for shareholders of record March 4; ex-div March 1. First trust senior floating rate income fund II is a passively managed fund.

Press Release: First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for March

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for March 15, 2024. The Fund's primary investment objective is to seek a high level of current income. The monthly distribution will consist of net investment income and short-term realized capital gains.

Press Release: First Trust Senior Floating Rate -2-

In the event a borrower fails to pay scheduled interest or principal payments on a senior loan held by the Fund, the Fund will experience a reduction in its income and a decline in the value of the senior loan. The Fund's portfolio is also subject to credit risk, interest rate risk, liquidity risk, prepayment risk and reinvestment risk.