First Trust Senior Floating Rate Income Fund II

First Trust Senior Floating Rate Income Fund IIverified

FCT

Price:

$10.4042

Market Cap:

$270.34M

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 Enterprise Value as of September 2024 (TTM) for First Trust Senior Floating Rate Income Fund II (FCT) is 299.16M

According to First Trust Senior Floating Rate Income Fund II’s latest financial reports and current stock price. The company's current Enterprise Value is 299.16M. This represents a change of -3.42% compared to the average of 309.76M of the last 4 quarters.

First Trust Senior Floating Rate Income Fund II (FCT) Historical Enterprise Value (quarterly & annually)

How has FCT Enterprise Value performed in the past?

The mean historical Enterprise Value of First Trust Senior Floating Rate Income Fund II over the last ten years is 409.50M. The current 299.16M Enterprise Value has changed 7.21% with respect to the historical average. Over the past ten years (40 quarters), FCT's Enterprise Value was at its highest in in the August 2014 quarter at 536.26M. The Enterprise Value was at its lowest in in the May 2023 quarter at 290.95M.

Quarterly (TTM)
Annual

Average

409.50M

Median

436.94M

Minimum

204.72M

Maximum

531.71M

First Trust Senior Floating Rate Income Fund II (FCT) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of First Trust Senior Floating Rate Income Fund II Enterprise Value, 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 = 159.73%

Maximum Annual Enterprise Value = 531.71M

Minimum Annual Increase = -60.15%

Minimum Annual Enterprise Value = 204.72M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024300.87M3.41%
2023290.95M-26.95%
2022398.30M-13.31%
2021459.46M10.87%
2020414.42M-13.96%
2019481.65M-3.51%
2018499.19M-6.12%
2017531.71M159.73%
2016204.72M-60.15%
2015513.73M-5.57%

First Trust Senior Floating Rate Income Fund II (FCT) Average Enterprise Value

How has FCT Enterprise Value performed in the past?

The current Enterprise Value 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

330.04M

5-year avg

372.80M

10-year avg

409.50M

First Trust Senior Floating Rate Income Fund II (FCT) Enterprise Value vs. Peers

How is FCT’s Enterprise Value compared to its peers?

First Trust Senior Floating Rate Income Fund II’s Enterprise Value is greater than Blackstone / GSO Long-Short Credit Income Fund (242.51M), greater than Nuveen Senior Income Fund (259.73M), less than Nuveen Floating Rate Income Opportunity Fund (477.61M), greater than Eaton Vance Senior Income Trust (117.88M), greater than Western Asset Global Corporate Defined Opportunity Fund Inc. (288.72M), greater than Western Asset Global High Income Fund Inc. (243.81M), less than Apollo Senior Floating Rate Fund Inc. (329.38M), less than Blackstone/GSO Strategic Credit Fund (879.60M), less than BlackRock Floating Rate Income Trust (387.47M), less than Calamos Long/Short Equity & Dynamic Income Term Trust (421.94M), less than Eaton Vance Senior Floating-Rate Trust (485.02M), less than First Trust Intermediate Duration Preferred & Income Fund (1.72B), less than PGIM High Yield Bond Fund, Inc. (576.44M), greater than Nuveen Mortgage and Income Fund (134.88M), less than Invesco Municipal Opportunity Trust (1.13B),

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Frequently asked questions❓

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