FCT News and Press, First Trust Senior Floating Rate Income Fund II of Beneficial Interest From 08/31/21

If you give away more money than you make, eventually you'll be broke. The same applies to closed-end funds, but fund managers and investors have powerful reasons to want to both pay and receive distributions that exceed the fund's ability to pay. Fortunately there are easy ways t...

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 $0.0896 per share payable on September 15, 2021, to shareholders of record as of September 2, 2021. The ex-divid...

Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually, or (ugh) annually, your anticipatory-angst waiting for money is reduced by 300% or more. The August U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains includ...

The major indices had their best week since March after having their worst week since January. New highs were recorded on both the S&P 500 and the Nasdaq. I continue to hold Invesco S&P SmallCap Energy ETF (PSCE) in my account which was up 10% in the last week and 21% in the l...

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 $0.0896 per share payable on August 16, 2021, to shareholders of record as of August 3, 2021. The ex-dividend da...

Within the non-investment grade credit markets, issuer default rates are an important driver of market and portfolio performance. We believe 2020 ended the credit cycle that began following the global financial crisis, with 2021 marking the start of a new cycle. The duration of th...

The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks took another leg lower after St. Louis Fed President James Bullard said that he expec...

Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%. The July U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stock...

We review CEF market valuation and performance over the past week and highlight recent events. We discuss news and market action across a number of funds such as FCT, UTG, KYN, KMF, RTAI, and others. CEF investors face a trio of challenges: expensive discounts, high asset prices a...

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has decreased its regularly scheduled monthly common share distribution to $0.0896 per share from $0.0976 per share. The distribution will be payable on July 15, 2021, to shareholders of record as of July 2, 2021. ...