First Trust Senior Floating Rate Income Fund II

First Trust Senior Floating Rate Income Fund IIverified

FCT

Price:

$10.395

Market Cap:

$270.10M

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. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. It was formerly known as First Trust/Four Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2004-05-26

Stock Exchange

NYSE

Ticker

FCT

The Current Ratio as of September 2024 (TTM) for First Trust Senior Floating Rate Income Fund II (FCT) is 0.40

According to First Trust Senior Floating Rate Income Fund II’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of -21.76% compared to the average of 0.51 of the last 4 quarters.

First Trust Senior Floating Rate Income Fund II (FCT) Historical Current Ratio (quarterly & annually)

How has FCT Current Ratio performed in the past?

The mean historical Current Ratio of First Trust Senior Floating Rate Income Fund II over the last ten years is 0.20. The current 0.40 Current Ratio has changed 19.69% with respect to the historical average. Over the past ten years (40 quarters), FCT's Current Ratio was at its highest in in the November 2019 quarter at 1.17. The Current Ratio was at its lowest in in the August 2018 quarter at 0.02.

Quarterly (TTM)
Annual

Average

0.20

Median

0.14

Minimum

0.04

Maximum

0.65

First Trust Senior Floating Rate Income Fund II (FCT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Trust Senior Floating Rate Income Fund II Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 323.07%

Maximum Annual Current Ratio = 0.65

Minimum Annual Increase = -78.53%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.40263.90%
20230.11-0.57%
20220.116.19%
20210.10157.92%
20200.04-70.96%
20190.14-78.53%
20180.65323.07%
20170.157.17%
20160.14-17.78%
20150.17-24.04%

First Trust Senior Floating Rate Income Fund II (FCT) Average Current Ratio

How has FCT Current Ratio performed in the past?

The current Current Ratio of First Trust Senior Floating Rate Income Fund II (FCT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.21

5-year avg

0.15

10-year avg

0.20

First Trust Senior Floating Rate Income Fund II (FCT) Current Ratio vs. Peers

How is FCT’s Current Ratio compared to its peers?

First Trust Senior Floating Rate Income Fund II’s Current Ratio is greater than Blackstone / GSO Long-Short Credit Income Fund (0), less than Nuveen Senior Income Fund (1.46), less than Nuveen Floating Rate Income Opportunity Fund (0.99), greater than Eaton Vance Senior Income Trust (0), greater than Western Asset Global Corporate Defined Opportunity Fund Inc. (0), greater than Western Asset Global High Income Fund Inc. (0.10), less than Apollo Senior Floating Rate Fund Inc. (6.08), greater than Blackstone/GSO Strategic Credit Fund (0), less than BlackRock Floating Rate Income Trust (0.99), less than Calamos Long/Short Equity & Dynamic Income Term Trust (1.24), greater than Eaton Vance Senior Floating-Rate Trust (0.10), greater than First Trust Intermediate Duration Preferred & Income Fund (0), greater than PGIM High Yield Bond Fund, Inc. (0), greater than Nuveen Mortgage and Income Fund (0), less than Invesco Municipal Opportunity Trust (1.17),

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