FCT News and Press, First Trust Senior Floating Rate Income Fund II of Beneficial Interest From 03/22/21

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has decreased its regularly scheduled monthly common share distribution to $0.0976 per share from $0.105 per share. The distribution will be payable on April 15, 2021, to shareholders of record as of April 5, 2021....

The loan space continues to see inflows which should be supportive of NAVs. As NAVs increase, they can increase leverage supporting distributions. Loan funds remain one of the cheapest asset classes in the CEF spectrum with five-year z-scores that are barely positive. We like KIO ...

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on March 15, 2021, to shareholders of record as of March 2, 2021. The ex-dividend date ...

Many investors are suspicious of closed-end funds' apparently magical ability to buy assets whose "natural" yield is, for example, 6%, and pay distributions of, say, 9%. Is there some sort of alchemy at work here? Often when things seem "too good to be true," they are too good to be t...

Weekly net flows into funds and ETFs are showing some early movement toward groups that may benefit from an improving economy, increasing demand, rising interest rates, and possibly contained inflationary pressures, according to Tom Roseen, head of Research Services at Refinitiv Lipper.For th...

For the fund-flows week ended Jan. 13, some investors veered to fixed-income securities that were either tied to inflation or adjust for rising yields, while others remained in search of yield, said Tom Roseen, head of Research Services at Refinitiv Lipper.For the flows week, investors inject...

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on January 15, 2021, to shareholders of record as of January 5, 2021. The ex-dividend d...

We recently included PPR in our Tactical Income- 100 portfolio from PHD to take advantage of a tender offer. PHD is also set for a tender offer, but the price has appreciated considerably since announcement. PPR invests mostly in senior loans, and they recently increased their dis...

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on December 15, 2020, to shareholders of record as of December 2, 2020. The ex-dividend...

First Trust Advisors L.P. (“FTA”) announced today that its Leveraged Finance Investment Team, portfolio manager for the First Trust Senior Floating Rate Income Fund II (NYSE: FCT), First Trust Senior Floating Rate 2022 Target Term Fund (NYSE: FIV) and First Trust High Yiel...