First Trust Senior Floating Rate Income Stock News

The latest inflation report may hinder the possibility of the Fed cutting rates in June, prompting income investors to hold on to floating rate income vehicles. The First Trust Senior Floating Rate In

First Trust Senior Floating Rate Income Fund II is a closed-end fund that provides income-focused investors with a high level of current income. The FCT fund's portfolio of floating-rate securities is

First Trust Senior Floating Rate Income Fund II is a fixed-income closed-end fund that focuses on leveraged loans, offering a high dividend yield. FCT has outperformed other fixed-income offerings thi

First Trust Senior Floating Rate Income Fund II is a fixed income closed end fund. The vehicle has a very low leverage ratio of 11%, which is suitable for the current bear cycle.

Inflationary pressures remain entrenched and benchmark Treasury yields are marching ever northward. Push-and-pull in equity markets are re-defining volatility in a new normal environment.

FLOT: This Floating-Rate ETF Has Limited Appeal

As we enter the fourth quarter of 2021, we are inching closer to the eventual rate hikes from the Fed. We've been continuing to monitor the senior loan fund space to find some opportunities worth expl

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has decreased its regularly scheduled monthly common share distribution to $0.0789 per share fr

'Slip, Slidin Away' - What Happens To Funds That Over-Distribute Their Earnings

WHEATON, Ill.--(BUSINESS WIRE)--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

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 Augu

WHEATON, Ill.--(BUSINESS WIRE)--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

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%.

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.