First Trust Senior Floating Rate Income Fund II

First Trust Senior Floating Rate Income Fund II is a diversified, closed-end management investment company. Its investment objective is to seek a high-level of current income, and preserve capital by investing primarily in a portfolio of senior secured floating-rate corporate loans. The company was founded on March 25, 2004 and is headquartered in Wheaton, IL.

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The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks took another leg lower after St. Louis Fed President James Bullard said that he expects the Fed's first rate hike in late 2022.

CEF Weekly Commentary | June 20, 2021

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We review CEF market valuation and performance over the past week and highlight recent events. We discuss news and market action across a number of funds such as FCT, UTG, KYN, KMF, RTAI, and others.

CEF Weekly Market Review: Another Strong Month

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has decreased its regularly scheduled monthly common share distribution to $0.0896 per share from $0.0976 per share. The distribution will be payable on July 15, 2021, to shareholders of record as of July 2, 2021. The ex-dividend date is expected to be July 1, 2021. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT):   Distr

First Trust Senior Floating Rate Income Fund II Decreases its Monthly Common Share Distribution to $0.0896 Per Share for July

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0976 per share payable on June 15, 2021, to shareholders of record as of June 2, 2021. The ex-dividend date is expected to be June 1, 2021. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.0976 Dist

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.0976 Per Share for June

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.0976 per share payable on May 17, 2021, to shareholders of record as of May 4, 2021. The ex-dividend date is expected to be May 3, 2021. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.0976 Distrib

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.0976 Per Share for May

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We've seen a lot of volatility in the last month across all risk assets, but closed-end funds have weathered it quite well.

CEF Report: State Of The CEF Market

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has decreased its regularly scheduled monthly common share distribution to $0.0976 per share from $0.105 per share. The distribution will be payable on April 15, 2021, to shareholders of record as of April 5, 2021. The ex-dividend date is expected to be April 1, 2021. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distr

First Trust Senior Floating Rate Income Fund II Decreases its Monthly Common Share Distribution to $0.0976 Per Share for April

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on March 15, 2021, to shareholders of record as of March 2, 2021. The ex-dividend date is expected to be March 1, 2021. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.105 Dis

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.105 Per Share for March

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on February 16, 2021, to shareholders of record as of February 2, 2021. The ex-dividend date is expected to be February 1, 2021. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.105 Per Share for February

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on January 15, 2021, to shareholders of record as of January 5, 2021. The ex-dividend date is expected to be January 4, 2021. The monthly distribution information for the Fund appears below.   First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.105 Per Share for January

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on December 15, 2020, to shareholders of record as of December 2, 2020. The ex-dividend date is expected to be December 1, 2020. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.105 Per Share for December

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on November 16, 2020, to shareholders of record as of November 3, 2020. The ex-dividend date is expected to be November 2, 2020. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT):     Distribution per shar

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.105 Per Share for November

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on October 15, 2020, to shareholders of record as of October 2, 2020. The ex-dividend date is expected to be October 1, 2020. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $ 0.

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.105 Per Share for October

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on September 15, 2020, to shareholders of record as of September 2, 2020.

First Trust Senior Floating Rate Income Fund II Declares Its Monthly Common Share Distribution of $0.105 Per Share for September

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on August 17, 2020, to shareholders of record as of August 4, 2020.

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.105 Per Share for August

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on July 15, 2020, to shareholders of record as of July 2, 2020. The ex-dividend date is expected to be July 1, 2020. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.105 Distri

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.105 Per Share for July

A New Saba Target: First Trust Senior Floating Rate Income Fund II

First Trust Senior Floating Rate 2022 Target Term Fund

Reviewing The Floating Rate CEF Space

News for First Trust Senior Floating Rate Income Fund II ETF (FCT)