First Trust Senior Floating Rate Income Fund II
FCTStock
$9.60−5.41%52W
Market Cap$259.57M
P/E18.57x
Div yield—
Beta0.31
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Price vs S&P 500 (26W)-12.38%
Price vs S&P 500 (4W)0.50%
VGM Score27.11
Market Capitalization$259.57M
P/E Ratio (Annual)18.57x
About
First Trust Senior Floating Rate Income Fund II is a closed-end fund that seeks high current income by investing in senior secured floating-rate corporate loans across diverse sectors including insurance, software, healthcare, and technology. The fund's secondary objective is capital preservation. By focusing on floating-rate instruments, it aims to provide income that adjusts with interest rate changes.