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 Dividend Yield as of September 2024 (TTM) for First Trust Senior Floating Rate Income Fund II (FCT) is 11.20%

According to First Trust Senior Floating Rate Income Fund II’s latest financial reports and current stock price. The company's current Dividend Yield is 11.20%. This represents a change of 180.75% compared to the average of 3.99% of the last 4 quarters.

First Trust Senior Floating Rate Income Fund II (FCT) Historical Dividend Yield (quarterly & annually)

How has FCT Dividend Yield performed in the past?

The mean historical Dividend Yield of First Trust Senior Floating Rate Income Fund II over the last ten years is 10.44%. The current 11.20% Dividend Yield has changed 7.29% with respect to the historical average. Over the past ten years (40 quarters), FCT's Dividend Yield was at its highest in in the November 2023 quarter at 5.95%. The Dividend Yield was at its lowest in in the February 2021 quarter at 0%.

Quarterly (TTM)
Annual

Average

10.44%

Median

8.67%

Minimum

5.65%

Maximum

32.86%

First Trust Senior Floating Rate Income Fund II (FCT) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of First Trust Senior Floating Rate Income Fund II Dividend Yield, 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 = 435.56%

Maximum Annual Dividend Yield = 32.86%

Minimum Annual Increase = -82.81%

Minimum Annual Dividend Yield = 5.65%

Quarterly (TTM)
Annual
YearDividend YieldChange
202411.12%19.89%
20239.27%4.27%
20228.89%-11.39%
202110.04%18.70%
20208.45%39.71%
20196.05%2.52%
20185.90%4.50%
20175.65%-82.81%
201632.86%435.56%
20156.13%-7.29%

First Trust Senior Floating Rate Income Fund II (FCT) Average Dividend Yield

How has FCT Dividend Yield performed in the past?

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

3-year avg

9.76%

5-year avg

9.55%

10-year avg

10.44%

First Trust Senior Floating Rate Income Fund II (FCT) Dividend Yield vs. Peers

How is FCT’s Dividend Yield compared to its peers?

First Trust Senior Floating Rate Income Fund II’s Dividend Yield is less than Blackstone / GSO Long-Short Credit Income Fund (9.80%), greater than Nuveen Senior Income Fund (0%), greater than Nuveen Floating Rate Income Opportunity Fund (0%), less than Eaton Vance Senior Income Trust (11.51%), less than Western Asset Global Corporate Defined Opportunity Fund Inc. (9.96%), less than Western Asset Global High Income Fund Inc. (11.73%), less than Apollo Senior Floating Rate Fund Inc. (12.54%), less than Blackstone/GSO Strategic Credit Fund (9.45%), less than BlackRock Floating Rate Income Trust (11.10%), less than Calamos Long/Short Equity & Dynamic Income Term Trust (10.93%), less than Eaton Vance Senior Floating-Rate Trust (11.19%), less than First Trust Intermediate Duration Preferred & Income Fund (8.37%), less than PGIM High Yield Bond Fund, Inc. (9.17%), less than Nuveen Mortgage and Income Fund (9.98%), less than Invesco Municipal Opportunity Trust (4.60%),

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