First Trust Senior Floating Rate Income Fund II (FCT)Financial Services | Asset Management | Wheaton, United States | NYSE
9.81 USD
+0.06
(0.615%)
⇧
(April 17, 2026, 2:17 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 11, 2026, 1:37 p.m. EDT
FCT has shown a consistent dividend payout of 0.097, which translates to a high dividend yield of 12.14%. However, the payout ratio of 1.79 suggests that the fund is paying out more than it earns, which could be a red flag for sustainability. The recent price movements show a slight uptick, but the overall trend is flat with a low volume, indicating weak momentum. The fund's beta of 0.319 suggests it is less volatile than the market, which could be a benefit for risk-averse investors. However, the negative earnings growth and revenue growth, along with a high debt-to-equity ratio, indicate potential financial instability. The fund's current price is near its 52-week low, which might present a buying opportunity for short-term traders, but the lack of clear momentum and the high payout ratio make it a risky proposition for long-term investors. Overall, while the dividend is reliable, the fund's fundamentals are concerning, and investors should exercise caution. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.022077 |
| AutoARIMA | 0.029424 |
| AutoETS | 0.030457 |
| MSTL | 0.033001 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 19.87 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.304 |
| Excess Kurtosis | -0.99 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-03-31 |
| Last Dividend Date | 2026-03-31 |
| Debt to Equity Ratio | 14.866 |
| Revenue per Share | 0.991 |
| Market Cap | 254,897,040 |
| Trailing P/E | 15.09 |
| Beta | 0.32 |
| Profit Margins | 65.53% |
| Website | https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FCT |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.02% | 12.48% | 13.82% | 13.41% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-01 | 0.097 | 1.019979 |
| 2026-03-02 | 0.097 | 1.001901 |
| 2026-02-02 | 0.097 | 0.991558 |
| 2026-01-02 | 0.097 | 1.001173 |
| 2025-12-01 | 0.097 | 1.056429 |
| 2025-11-03 | 0.097 | 1.063758 |
| 2025-10-01 | 0.097 | 1.041866 |
| 2025-09-02 | 0.097 | 1.024084 |
| 2025-08-01 | 0.097 | 1.041077 |
| 2025-07-01 | 0.097 | 1.056263 |
| 2025-06-02 | 0.097 | 1.087036 |
| 2025-05-01 | 0.097 | 1.096667 |
| 2025-04-01 | 0.097 | 1.083279 |
| 2025-03-03 | 0.097 | 1.073488 |
| 2025-02-03 | 0.097 | 1.072129 |
| 2025-01-02 | 0.097 | 1.084226 |
| 2024-12-02 | 0.097 | 1.097666 |
| 2024-11-01 | 0.097 | 1.109035 |
| 2024-10-01 | 0.097 | 1.124962 |
| 2024-09-03 | 0.097 | 1.125720 |
| 2024-08-01 | 0.097 | 1.140665 |
| 2024-07-01 | 0.097 | 1.178868 |
| 2024-06-03 | 0.097 | 1.167142 |
| 2024-05-01 | 0.097 | 1.180354 |
| 2024-04-01 | 0.097 | 1.192706 |
| 2024-03-01 | 0.097 | 1.215864 |
| 2024-02-01 | 0.097 | 1.249687 |
| 2024-01-02 | 0.097 | 1.273385 |
| 2023-12-01 | 0.097 | 1.292291 |
| 2023-11-01 | 0.097 | 1.314608 |
| 2023-10-02 | 0.097 | 1.321099 |
| 2023-09-01 | 0.097 | 1.289308 |
| 2023-08-01 | 0.097 | 1.327877 |
| 2023-07-03 | 0.097 | 1.343469 |
| 2023-06-01 | 0.097 | 1.413770 |
| 2023-05-01 | 0.092 | 1.321330 |
| 2023-04-03 | 0.092 | 1.324263 |
| 2023-03-02 | 0.070 | 1.010825 |
| 2023-02-01 | 0.070 | 1.009769 |
| 2023-01-03 | 0.070 | 1.064932 |
| 2022-12-01 | 0.070 | 1.012207 |
| 2022-11-01 | 0.070 | 1.052598 |
| 2022-10-03 | 0.070 | 1.045170 |
| 2022-09-01 | 0.070 | 1.018626 |
| 2022-08-01 | 0.072 | 1.038614 |
| 2022-07-01 | 0.072 | 1.087689 |
| 2022-06-01 | 0.072 | 1.018202 |
| 2022-05-02 | 0.072 | 0.890848 |
| 2022-04-01 | 0.072 | 0.893038 |
| 2022-03-01 | 0.072 | 0.917387 |
| 2022-02-01 | 0.072 | 0.923607 |
| 2022-01-03 | 0.079 | 1.038268 |
| 2021-12-01 | 0.079 | 1.047749 |
| 2021-11-01 | 0.079 | 1.031271 |
| 2021-10-01 | 0.079 | 1.042280 |
| 2021-09-01 | 0.090 | 1.152336 |
| 2021-08-02 | 0.090 | 1.188970 |
| 2021-07-01 | 0.090 | 1.166302 |
| 2021-06-01 | 0.098 | 1.290302 |
| 2021-05-03 | 0.098 | 1.323733 |
| 2021-04-01 | 0.098 | 1.336516 |
| 2021-03-01 | 0.105 | 1.465048 |
| 2021-02-01 | 0.105 | 1.534973 |
| 2021-01-04 | 0.105 | 1.567749 |
| 2020-12-01 | 0.105 | 1.583425 |
| 2020-11-02 | 0.105 | 1.750574 |
| 2020-10-01 | 0.105 | 1.701605 |
| 2020-09-01 | 0.105 | 1.676447 |
| 2020-08-03 | 0.105 | 1.748760 |
| 2020-07-01 | 0.105 | 1.764182 |
| 2020-06-01 | 0.105 | 1.736341 |
| 2020-05-01 | 0.083 | 1.511089 |
| 2020-04-01 | 0.083 | 1.680342 |
| 2020-03-02 | 0.083 | 1.311949 |
| 2020-02-03 | 0.083 | 1.257839 |
| 2020-01-02 | 0.083 | 1.271271 |
| 2019-12-02 | 0.083 | 1.315665 |
| 2019-11-01 | 0.083 | 1.337964 |
| 2019-10-01 | 0.083 | 1.350679 |
| 2019-09-03 | 0.074 | 1.243805 |
| 2019-08-01 | 0.074 | 1.211197 |
| 2019-07-01 | 0.066 | 1.096906 |
| 2019-06-03 | 0.063 | 1.060809 |
| 2019-05-01 | 0.063 | 1.044384 |
| 2019-04-01 | 0.063 | 1.070178 |
| 2019-03-01 | 0.060 | 0.997780 |
| 2019-02-01 | 0.060 | 1.038464 |
| 2019-01-02 | 0.060 | 1.082385 |
| 2018-12-03 | 0.060 | 1.040543 |
| 2018-11-01 | 0.060 | 1.032787 |
| 2018-10-01 | 0.060 | 0.985487 |
| 2018-09-04 | 0.060 | 0.991725 |
| 2018-08-01 | 0.060 | 0.997993 |
| 2018-07-02 | 0.060 | 1.005926 |
| 2018-06-01 | 0.060 | 0.984049 |
| 2018-05-01 | 0.060 | 0.958927 |
| 2018-04-02 | 0.060 | 0.981702 |
| 2018-03-01 | 0.060 | 0.999170 |
| 2018-02-01 | 0.060 | 1.006125 |
| 2018-01-02 | 0.064 | 1.079897 |
| 2017-12-01 | 0.064 | 1.086127 |
| 2017-11-01 | 0.064 | 1.070691 |
| 2017-10-02 | 0.066 | 1.081464 |
| 2017-09-01 | 0.066 | 1.090028 |
| 2017-08-01 | 0.066 | 1.089742 |
| 2017-07-03 | 0.066 | 1.110764 |
| 2017-06-01 | 0.066 | 1.090014 |
| 2017-05-01 | 0.066 | 1.090508 |
| 2017-04-03 | 0.068 | 1.122421 |
| 2017-03-01 | 0.068 | 1.118194 |
| 2017-02-01 | 0.068 | 1.126143 |
| 2017-01-03 | 0.068 | 1.130053 |
| 2016-12-01 | 0.070 | 1.175833 |
| 2016-11-01 | 0.070 | 1.204598 |
| 2016-10-03 | 0.070 | 1.202798 |
| 2016-09-01 | 0.070 | 1.214350 |
| 2016-08-01 | 0.070 | 1.253053 |
| 2016-07-01 | 0.070 | 1.288977 |
| 2016-06-01 | 0.070 | 1.279153 |
| 2016-05-02 | 0.070 | 1.318380 |
| 2016-04-01 | 0.070 | 1.322496 |
| 2016-03-01 | 0.070 | 1.405744 |
| 2016-02-01 | 0.070 | 1.417509 |
| 2016-01-04 | 0.075 | 1.516336 |
| 2015-12-01 | 0.075 | 1.503293 |
| 2015-11-02 | 0.075 | 1.491824 |
| 2015-10-01 | 0.075 | 1.496019 |
| 2015-09-01 | 0.075 | 1.456144 |
| 2015-08-03 | 0.075 | 1.428065 |
| 2015-07-01 | 0.075 | 1.443779 |
| 2015-06-01 | 0.075 | 1.401105 |
| 2015-05-01 | 0.072 | 1.347502 |
| 2015-04-01 | 0.072 | 1.343783 |
| 2015-03-02 | 0.072 | 1.389995 |
| 2015-02-02 | 0.072 | 1.462675 |
| 2015-01-02 | 0.072 | 1.455000 |
| 2014-12-01 | 0.068 | 1.376517 |
| 2014-11-03 | 0.068 | 1.371076 |
| 2014-10-01 | 0.068 | 1.345433 |
| 2014-09-02 | 0.068 | 1.317994 |
| 2014-08-01 | 0.068 | 1.327357 |
| 2014-07-01 | 0.068 | 1.301841 |
| 2014-06-02 | 0.071 | 1.388358 |
| 2014-05-01 | 0.071 | 1.395434 |
| 2014-04-01 | 0.071 | 1.358586 |
| 2014-03-03 | 0.075 | 1.467765 |
| 2014-02-03 | 0.075 | 1.469261 |
| 2014-01-02 | 0.075 | 1.452381 |
| 2013-12-02 | 0.075 | 1.446880 |
| 2013-11-01 | 0.080 | 1.563116 |
| 2013-10-01 | 0.080 | 1.592730 |
| 2013-09-03 | 0.080 | 1.530737 |
| 2013-08-01 | 0.087 | 1.579231 |
| 2013-07-01 | 0.087 | 1.648563 |
| 2013-06-03 | 0.087 | 1.700571 |
| 2013-05-01 | 0.087 | 1.570467 |
| 2013-04-01 | 0.087 | 1.581880 |
| 2013-03-01 | 0.087 | 1.590421 |
| 2013-02-01 | 0.087 | 1.635572 |
| 2012-12-27 | 0.088 | 1.719188 |
| 2012-12-03 | 0.087 | 1.715070 |
| 2012-11-01 | 0.088 | 1.696743 |
| 2012-10-01 | 0.088 | 1.700897 |
| 2012-09-04 | 0.088 | 1.760972 |
| 2012-08-01 | 0.084 | 1.733988 |
| 2012-07-02 | 0.081 | 1.716165 |
| 2012-06-01 | 0.080 | 1.751311 |
| 2012-05-01 | 0.078 | 1.663063 |
| 2012-04-02 | 0.078 | 1.632891 |
| 2012-03-01 | 0.075 | 1.605116 |
| 2012-02-01 | 0.073 | 1.625535 |
| 2011-12-28 | 0.073 | 1.756107 |
| 2011-12-01 | 0.073 | 1.781985 |
| 2011-11-01 | 0.070 | 1.644278 |
| 2011-10-03 | 0.070 | 1.720572 |
| 2011-09-01 | 0.070 | 1.734868 |
| 2011-08-01 | 0.070 | 1.641850 |
| 2011-07-01 | 0.070 | 1.593035 |
| 2011-06-01 | 0.070 | 1.570376 |
| 2011-05-02 | 0.070 | 1.523992 |
| 2011-04-01 | 0.070 | 1.560649 |
| 2011-03-01 | 0.068 | 1.543888 |
| 2011-02-01 | 0.065 | 1.496789 |
| 2011-01-03 | 0.060 | 1.450363 |
| 2010-12-01 | 0.055 | 1.371534 |
| 2010-11-01 | 0.055 | 1.409180 |
| 2010-10-01 | 0.055 | 1.424673 |
| 2010-09-01 | 0.055 | 1.424187 |
| 2010-08-02 | 0.055 | 1.457566 |
| 2010-07-01 | 0.050 | 1.393806 |
| 2010-06-01 | 0.039 | 1.102175 |
| 2010-05-03 | 0.038 | 0.980826 |
| 2010-04-01 | 0.038 | 1.010508 |
| 2010-03-01 | 0.035 | 0.961934 |
| 2010-02-01 | 0.035 | 1.009639 |
| 2010-01-04 | 0.033 | 0.973837 |
| 2009-12-01 | 0.033 | 1.071512 |
| 2009-11-02 | 0.033 | 1.084730 |
| 2009-10-01 | 0.033 | 1.079032 |
| 2009-09-01 | 0.033 | 1.094314 |
| 2009-08-03 | 0.033 | 1.115257 |
| 2009-07-01 | 0.038 | 1.372405 |
| 2009-06-01 | 0.048 | 1.714453 |
| 2009-05-01 | 0.048 | 1.823812 |
| 2009-04-01 | 0.048 | 2.188842 |
| 2009-03-02 | 0.048 | 2.371126 |
| 2009-02-02 | 0.051 | 2.252975 |
| 2009-01-02 | 0.066 | 3.218742 |
| 2008-12-01 | 0.066 | 3.769478 |
| 2008-11-03 | 0.066 | 2.933551 |
| 2008-10-01 | 0.066 | 2.366983 |
| 2008-09-02 | 0.074 | 2.131393 |
| 2008-08-01 | 0.074 | 2.122568 |
| 2008-07-01 | 0.080 | 2.215152 |
| 2008-06-02 | 0.095 | 2.519509 |
| 2008-05-01 | 0.108 | 2.861442 |
| 2008-04-01 | 0.108 | 3.138498 |
| 2008-03-03 | 0.108 | 3.115530 |
| 2008-02-01 | 0.108 | 2.930181 |
| 2007-12-27 | 0.108 | 2.929618 |
| 2007-12-03 | 0.108 | 2.879484 |
| 2007-11-01 | 0.108 | 2.774683 |
| 2007-10-01 | 0.108 | 2.741935 |
| 2007-09-04 | 0.127 | 3.194809 |
| 2007-08-01 | 0.127 | 3.121339 |
| 2007-07-02 | 0.127 | 2.877877 |
| 2007-06-01 | 0.127 | 2.885120 |
| 2007-05-01 | 0.127 | 2.880117 |
| 2007-04-02 | 0.127 | 2.960684 |
| 2007-03-01 | 0.127 | 3.008815 |
| 2007-02-01 | 0.127 | 2.987062 |
| 2006-12-27 | 0.127 | 3.106224 |
| 2006-12-01 | 0.127 | 3.140453 |
| 2006-11-01 | 0.124 | 3.108935 |
| 2006-10-02 | 0.124 | 3.132334 |
| 2006-09-01 | 0.124 | 3.154209 |
| 2006-08-01 | 0.122 | 3.125080 |
| 2006-07-03 | 0.120 | 3.110707 |
| 2006-06-01 | 0.120 | 3.147764 |
| 2006-05-01 | 0.118 | 3.139715 |
| 2006-04-03 | 0.118 | 3.114620 |
| 2006-03-01 | 0.116 | 3.054663 |
| 2006-02-01 | 0.116 | 3.172056 |
| 2005-12-28 | 0.236 | 6.757534 |
| 2005-12-01 | 0.111 | 3.241352 |
| 2005-11-01 | 0.108 | 3.089160 |
| 2005-10-03 | 0.103 | 2.890225 |
| 2005-09-01 | 0.100 | 2.813091 |
| 2005-08-01 | 0.097 | 2.707190 |
| 2005-07-01 | 0.093 | 2.669829 |
| 2005-06-01 | 0.093 | 2.615103 |
| 2005-05-03 | 0.093 | 2.586742 |
| 2005-04-01 | 0.093 | 2.538449 |
| 2005-03-04 | 0.093 | 2.464971 |
| 2005-02-01 | 0.093 | 2.530879 |
| 2004-12-29 | 0.093 | 2.619934 |
| 2004-12-02 | 0.088 | 2.502712 |
| 2004-11-01 | 0.093 | 2.590622 |
| 2004-10-01 | 0.088 | 2.368306 |
| 2004-09-01 | 0.088 | 2.396415 |
| 2004-08-02 | 0.088 | 2.370454 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.013513565 |
| Address1 | 120 East Liberty Drive |
| Address2 | Suite 400 |
| All Time High | 20.3 |
| All Time Low | 5.25 |
| Ask | 9.84 |
| Ask Size | 15,100 |
| Average Daily Volume10 Day | 70,000 |
| Average Daily Volume3 Month | 91,975 |
| Average Volume | 91,975 |
| Average Volume10Days | 70,000 |
| Beta | 0.319 |
| Bid | 9.78 |
| Bid Size | 400 |
| Book Value | 10.355 |
| City | Wheaton |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.81 |
| Current Ratio | 0.141 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 9.84 |
| Day Low | 9.74 |
| Debt To Equity | 14.866 |
| Dividend Date | 1,550,188,800 |
| Dividend Rate | 1.16 |
| Dividend Yield | 11.94 |
| Earnings Growth | -0.155 |
| Earnings Quarterly Growth | -0.155 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 11.386 |
| Enterprise Value | 293,233,440 |
| Eps Trailing Twelve Months | 0.65 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,775,001,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.7504 |
| Fifty Day Average Change | 0.05960083 |
| Fifty Day Average Change Percent | 0.006112655 |
| Fifty Two Week Change Percent | 1.3513565 |
| Fifty Two Week High | 10.29 |
| Fifty Two Week High Change | -0.47999954 |
| Fifty Two Week High Change Percent | -0.046647187 |
| Fifty Two Week Low | 9.4 |
| Fifty Two Week Low Change | 0.4100008 |
| Fifty Two Week Low Change Percent | 0.043617107 |
| Fifty Two Week Range | 9.4 - 10.29 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,085,578,200,000 |
| Five Year Avg Dividend Yield | 10.22 |
| Free Cashflow | 9,504,890 |
| Full Exchange Name | NYSE |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 25,754,376 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.7575 |
| Implied Shares Outstanding | 25,983,388 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,775,001,600 |
| Last Dividend Value | 0.097 |
| Last Fiscal Year End | 1,748,649,600 |
| Long Business Summary | 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. |
| Long Name | First Trust Senior Floating Rate Income Fund II |
| Market | us_market |
| Market Cap | 254,897,040 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_10082848 |
| Most Recent Quarter | 1,764,460,800 |
| Net Income To Common | 16,876,336 |
| Next Fiscal Year End | 1,780,185,600 |
| Non Diluted Market Cap | 253,338,033 |
| Open | 9.78 |
| Operating Cashflow | 24,090,466 |
| Operating Margins | 0.87828004 |
| Payout Ratio | 1.7908 |
| Phone | 630-765-8000 |
| Previous Close | 9.75 |
| Price Hint | 2 |
| Price To Book | 0.9473685 |
| Price To Sales Trailing12 Months | 9.897232 |
| Profit Margins | 0.65528 |
| Quick Ratio | 0.141 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.06000042 |
| Regular Market Change Percent | 0.61538893 |
| Regular Market Day High | 9.84 |
| Regular Market Day Low | 9.74 |
| Regular Market Day Range | 9.74 - 9.84 |
| Regular Market Open | 9.78 |
| Regular Market Previous Close | 9.75 |
| Regular Market Price | 9.81 |
| Regular Market Time | 1,776,449,853 |
| Regular Market Volume | 25,244 |
| Return On Assets | 0.04249 |
| Return On Equity | 0.0612 |
| Revenue Growth | -0.026 |
| Revenue Per Share | 0.991 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 25,983,388 |
| Shares Percent Shares Out | 0.0091 |
| Shares Short | 235,592 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 137,151 |
| Short Name | First Trust Senior Floating Rat |
| Short Percent Of Float | 0.0156 |
| Short Ratio | 4.04 |
| Source Interval | 15 |
| State | IL |
| Symbol | FCT |
| Total Cash | 104,588 |
| Total Cash Per Share | 0.004 |
| Total Debt | 40,000,000 |
| Total Revenue | 25,754,376 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.164 |
| Trailing Annual Dividend Yield | 0.11938462 |
| Trailing Eps | 0.65 |
| Trailing P E | 15.092309 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 9.8821 |
| Two Hundred Day Average Change | -0.072099686 |
| Two Hundred Day Average Change Percent | -0.007295988 |
| Type Disp | Equity |
| Volume | 25,244 |
| Website | https://www.ftportfolios.com/Retail/cef/cefsummary.aspx?Ticker=FCT |
| Zip | 60,187 |