First Trust Senior Floating Rate Income Fund II

First Trust Senior Floating Rate Income Fund IIverified

FCT

Price:

$10.4

Market Cap:

$270.23M

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 PE Ratio as of September 2024 (TTM) for First Trust Senior Floating Rate Income Fund II (FCT) is 8.46

According to First Trust Senior Floating Rate Income Fund II’s latest financial reports and current stock price. The company's current PE Ratio is 8.46. This represents a change of 52.25% compared to the average of 5.56 of the last 4 quarters.

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

How has FCT PE Ratio performed in the past?

The mean historical PE Ratio of First Trust Senior Floating Rate Income Fund II over the last ten years is 7.42. The current 8.46 PE Ratio has changed 11.30% with respect to the historical average. Over the past ten years (40 quarters), FCT's PE Ratio was at its highest in in the August 2018 quarter at 151.26. The PE Ratio was at its lowest in in the August 2015 quarter at -13.55.

Quarterly (TTM)
Annual

Average

7.42

Median

11.02

Minimum

-35.83

Maximum

31.53

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

Discovering the peaks and valleys of First Trust Senior Floating Rate Income Fund II PE 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 = 97.32%

Maximum Annual PE Ratio = 31.53

Minimum Annual Increase = -397.66%

Minimum Annual PE Ratio = -35.83

Quarterly (TTM)
Annual
YearPE RatioChange
20248.47-52.35%
202317.77-169.55%
2022-25.56-397.66%
20218.59-123.96%
2020-35.83-213.65%
201931.5328.63%
201824.5197.32%
201712.4229.16%
20169.62-57.65%
201522.7120.85%

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

How has FCT PE Ratio performed in the past?

The current PE 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

0.23

5-year avg

-5.31

10-year avg

7.42

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

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

First Trust Senior Floating Rate Income Fund II’s PE Ratio is greater than Blackstone / GSO Long-Short Credit Income Fund (6.67), greater than Nuveen Senior Income Fund (-16.65), greater than Nuveen Floating Rate Income Opportunity Fund (-30.31), greater than Eaton Vance Senior Income Trust (1.92), less than Western Asset Global Corporate Defined Opportunity Fund Inc. (21.27), greater than Western Asset Global High Income Fund Inc. (2.88), greater than Apollo Senior Floating Rate Fund Inc. (4.71), greater than Blackstone/GSO Strategic Credit Fund (6.16), greater than BlackRock Floating Rate Income Trust (4.44), greater than Calamos Long/Short Equity & Dynamic Income Term Trust (0), less than Eaton Vance Senior Floating-Rate Trust (8.75), greater than First Trust Intermediate Duration Preferred & Income Fund (6.58), less than PGIM High Yield Bond Fund, Inc. (12.35), less than Nuveen Mortgage and Income Fund (9.03), greater than Invesco Municipal Opportunity Trust (4.20),

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