FCT
Price:
$9.53
Market Cap:
$247.62M
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.
Industry
Asset Management - Income
IPO Date
2004-05-26
Stock Exchange
NYSE
Ticker
FCT
According to First Trust Senior Floating Rate Income Fund II’s latest financial reports and current stock price. The company's current Dividend Yield is 12.21%. This represents a change of 233.81% compared to the average of 3.66% of the last 4 quarters.
The mean historical Dividend Yield of First Trust Senior Floating Rate Income Fund II over the last ten years is 11.00%. The current 12.21% Dividend Yield has changed 11.06% with respect to the historical average. Over the past ten years (40 quarters), FCT's Dividend Yield was at its highest in in the November 2023 quarter at 5.95%. The Dividend Yield was at its lowest in in the May 2025 quarter at 0%.
Average
11.00%
Median
9.08%
Minimum
5.65%
Maximum
32.86%
Discovering the peaks and valleys of First Trust Senior Floating Rate Income Fund II Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 435.56%
Maximum Annual Dividend Yield = 32.86%
Minimum Annual Increase = -82.81%
Minimum Annual Dividend Yield = 5.65%
| Year | Dividend Yield | Change |
|---|---|---|
| 2025 | 11.75% | 5.65% |
| 2024 | 11.12% | 19.89% |
| 2023 | 9.27% | 4.27% |
| 2022 | 8.89% | -11.39% |
| 2021 | 10.04% | 18.70% |
| 2020 | 8.45% | 39.71% |
| 2019 | 6.05% | 2.52% |
| 2018 | 5.90% | 4.50% |
| 2017 | 5.65% | -82.81% |
| 2016 | 32.86% | 435.56% |
The current Dividend Yield of First Trust Senior Floating Rate Income Fund II (FCT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.71%
5-year avg
10.21%
10-year avg
11.00%
First Trust Senior Floating Rate Income Fund II’s Dividend Yield is less than Franklin Limited Duration Income Trust (12.02%), less than Saba Capital Income & Opportunities Fund II (7.95%), less than LMP Capital and Income Fund Inc. (9.51%), less than MFS Multimarket Income Trust (8.51%), less than MFS Charter Income Trust (8.44%), less than BlackRock Income Trust, Inc. (9.59%), less than Sprott Focus Trust, Inc. (6.95%), less than Western Asset High Yield Defined Opportunity Fund Inc. (10.22%), less than Eaton Vance Floating-Rate Income Trust (8.88%), less than BlackRock New York Municipal Income Trust (5.99%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 12.02% | $248.09M | |
| 7.95% | $244.38M | |
| 9.51% | $5.00B | |
| 8.51% | $259.90M | |
| 8.44% | $266.14M | |
| 9.59% | $267.85M | |
| 6.95% | $257.19M | |
| 10.22% | $252.74M | |
| 8.88% | $303.72M | |
| 5.99% | $246.24M |
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What is the Dividend Yield?
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What is First Trust Senior Floating Rate Income Fund II's Dividend Yield?
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How does the current Dividend Yield for First Trust Senior Floating Rate Income Fund II (FCT) compare to its historical average?