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 ROE is 8.61%. This represents a change of 128.68% compared to the average of 3.77% of the last 4 quarters.
The mean historical ROE of First Trust Senior Floating Rate Income Fund II over the last ten years is 4.48%. The current 8.61% ROE has changed 92.10% with respect to the historical average. Over the past ten years (40 quarters), FCT's ROE was at its highest in in the November 2020 quarter at 6.68%. The ROE was at its lowest in in the May 2020 quarter at -5.67%.
Average
4.48%
Median
4.33%
Minimum
-3.77%
Maximum
11.45%
Discovering the peaks and valleys of First Trust Senior Floating Rate Income Fund II ROE, 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 = 315.51%
Maximum Annual ROE = 11.45%
Minimum Annual Increase = -561.55%
Minimum Annual ROE = -3.77%
| Year | ROE | Change |
|---|---|---|
| 2025 | 6.76% | -39.70% |
| 2024 | 11.21% | 128.33% |
| 2023 | 4.91% | -230.12% |
| 2022 | -3.77% | -132.94% |
| 2021 | 11.45% | -561.55% |
| 2020 | -2.48% | -189.49% |
| 2019 | 2.77% | -26.04% |
| 2018 | 3.75% | -54.53% |
| 2017 | 8.25% | 315.51% |
| 2016 | 1.98% | -51.55% |
The current ROE 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
7.63%
5-year avg
6.11%
10-year avg
4.48%
First Trust Senior Floating Rate Income Fund II’s ROE is less than Franklin Limited Duration Income Trust (8.85%), less than Saba Capital Income & Opportunities Fund II (10.81%), greater than LMP Capital and Income Fund Inc. (-1.91%), less than MFS Multimarket Income Trust (7.59%), less than MFS Charter Income Trust (6.47%), less than BlackRock Income Trust, Inc. (8.39%), less than Sprott Focus Trust, Inc. (5.23%), less than Western Asset High Yield Defined Opportunity Fund Inc. (8.04%), less than Eaton Vance Floating-Rate Income Trust (7.59%), greater than BlackRock New York Municipal Income Trust (0.01%),
| Company | ROE | Market cap |
|---|---|---|
| 8.85% | $248.09M | |
| 10.81% | $244.38M | |
| -1.91% | $5.00B | |
| 7.59% | $259.90M | |
| 6.47% | $266.14M | |
| 8.39% | $267.85M | |
| 5.23% | $257.19M | |
| 8.04% | $252.74M | |
| 7.59% | $303.72M | |
| 0.01% | $246.24M |
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