FCT Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
First Trust Senior Floating Rate Income Fund II Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.08 |
| 52 Week High | US$10.42 |
| 52 Week Low | US$9.45 |
| Beta | 0.58 |
| 1 Month Change | -0.49% |
| 3 Month Change | 2.54% |
| 1 Year Change | 2.34% |
| 3 Year Change | -17.65% |
| 5 Year Change | -16.35% |
| Change since IPO | -49.63% |
Recent News & Updates
FCT: 11% Yield, Monthly Payer
Apr 14FCT: Protect Your Recent Gains And Boost Your Income With This Floater Fund
Jan 08FCT: Low Leverage Floating Rate Loan Fund, 11% Yield (Rating Upgrade)
Oct 10Recent updates
FCT: 11% Yield, Monthly Payer
Apr 14FCT: Protect Your Recent Gains And Boost Your Income With This Floater Fund
Jan 08FCT: Low Leverage Floating Rate Loan Fund, 11% Yield (Rating Upgrade)
Oct 10FCT: Low Leverage Floating Loan CEF, 8.2% Yield
Feb 17First Trust Senior Floating Rate Income Fund II declares $0.0695 dividend
Jan 23First Trust Senior Floating Rate Income Fund II declares $0.0695 dividend
Dec 20First Trust Senior Floating Rate Income Fund II goes ex-dividend on Monday
Sep 30First Trust Senior Floating Rate Income Fund II declares $0.072 dividend
Aug 22First Trust Senior Floating Rate Income Fund II declares goes ex dividend tomorrow
Jul 29FCT: Senior Loan Floating Rate Funds Make Sense Now
May 23First Trust Senior Floating Rate Income Fund II declares $0.0976 dividend
Jun 21First Trust Senior Floating Rate Income Fund II declares $0.105 dividend
Dec 21First Trust Senior Floating Rate Income Fund II declares $0.105 dividend
Nov 19Shareholder Returns
| FCT | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -1.7% | -5.6% | -3.1% |
| 1Y | 2.3% | 23.5% | 20.9% |
Return vs Industry: FCT underperformed the US Capital Markets industry which returned 24.3% over the past year.
Return vs Market: FCT underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| FCT volatility | |
|---|---|
| FCT Average Weekly Movement | 1.2% |
| Capital Markets Industry Average Movement | 3.3% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FCT has not had significant price volatility in the past 3 months.
Volatility Over Time: FCT's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | n/a | www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FCT |
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.
First Trust Senior Floating Rate Income Fund II Fundamentals Summary
| FCT fundamental statistics | |
|---|---|
| Market cap | US$264.51m |
| Earnings (TTM) | US$29.10m |
| Revenue (TTM) | US$29.16m |
9.0x
P/E Ratio9.0x
P/S RatioIs FCT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FCT income statement (TTM) | |
|---|---|
| Revenue | US$29.16m |
| Cost of Revenue | US$0 |
| Gross Profit | US$29.16m |
| Other Expenses | US$61.57k |
| Earnings | US$29.10m |
Last Reported Earnings
Nov 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.12 |
| Gross Margin | 100.00% |
| Net Profit Margin | 99.79% |
| Debt/Equity Ratio | 23.6% |
How did FCT perform over the long term?
See historical performance and comparison