First Trust Senior Floating Rate Income Fund II of Beneficial Interest

Symbol: FCT     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:6.00%
Dividend per Share:$ 0.7275
Next Ex-Div Date:2019-06-03
Next Div Payout:$ 0.0606
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate-4.80 %-1.92%
Ø 5yr Growth Rate-2.88 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 12.13
Week 52 high:$ 12.97
Week 52 low:$ 10.85
Marketcap$ 319,295,905
Return on Equity-5.83 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The Fund is a diversified investment management company that seeks a high level of current income with a secondary objective of capital preservation. It will pursue its investment objectives through investment in a portfolio of senior secured floating rate corporate loans (Senior Loans). Under normal market conditions, it will invest at least 80% of its assets in lower grade debt instruments. Normally, it may also invest up to 10% of its assets in revolving credit facilities, investment grade debtor-in-possession financing, unsecured loans, other floating rate debt securities, such as notes, bonds, and asset-backed securities, investment grade loans and fixed income debt obligations and money market instruments, such as commercial paper. It may also invest up to 15% of its assets in US dollar-denominated foreign investments, predominantly in developed countries, but in no case in emerging market countries.

Tags:  Asset Management    Financial Services