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FCT First Trust Senior Floating Rate Income Fund II

New York Stock Exchange · Asset Management · Financial Services

$9.67
+0.02 (+0.21%)

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 former…

Price (90d)

No price history yet — the daily price refresh runs once a day.

Signal Score (90d)

100
100
Aug 10Aug 10

Quote

Day Range
$9.63 – $9.69
52-Week Range
$9.40 – $10.24
Volume
$1.13M
Market Cap
$251.31M
50-Day Avg
$9.61
200-Day Avg
$9.74
Prev Close
$9.65
Open
$9.63

Valuation & Ratios

P/E Ratio
21.75
EPS
$0.44
P/B Ratio
0.97
P/S Ratio
13.00
Debt/Equity
0.03
Current Ratio
1.43
Dividend Yield
+12.2%
Gross Margin
+85.7%

Returns & Efficiency

Return on Equity
+4.5%
Return on Assets
+4.1%
FCF Yield
+6.6%
EV/EBITDA
17.81

Revenue & Net Income (Annual)

Fiscal YearRevenueNet IncomeEPS
2025$19.13M$11.53M$0.44
2024$21.57M$18.58M$0.72
2023$32.83M$32.12M$1.24
2022$14.58M$13.98M$0.54
2021$-10.44M$-11.08M$-0.43

Social Signal Score

50
5d
30d
50
1 mentions
60d
50
1 mentions
90d
50
1 mentions
news: 1

Valuation

Project earnings forward and see what return today's price implies.

EPS was negative in at least one boundary year, so a compound growth rate can't be computed from it. Set your own assumption.

EPS in 5 years
$0.65
Implied price
$14.35
Return from $9.67
8.2% a year

To earn 15.0% a year on these assumptions you'd need to buy at $7.13 -26.2% below today's price.

How sensitive is that answer?

Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.

growth \ P/E1619222528
-2.0%-7.9%-4.6%-1.8%0.7%3.0%
3.0%-3.2%0.2%3.2%5.9%8.3%
8.0%1.5%5.1%8.2%11.0%13.6%
13.0%6.2%9.9%13.2%16.2%18.8%
18.0%10.9%14.8%18.2%21.3%24.1%

This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.

Mentions (1)

  • Newsbusinesswire.com·5d ago·Neutral

    First Trust Announces Completion of First Trust Senior Floating Rate Income Fund II Reorganization into First Trust Flexible Income ETF WHEATON, Ill--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the reorganization of First Trust Senior Floating Rate Income Fund II (NYSE: FCT), a closed-end management investment company managed by FTA, into First Trust Flexible Income ETF (NYSE: FFLX), an actively managed exchange-traded fund (“ETF”) managed by FTA, was completed prior

    View source ↗