First Trust Senior Floating Rate Income Fund II (NYSE:FCT – Get Free Report) declared a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Shareholders of record on Thursday, May 2nd will be given a dividend of 0.097 per share by the investment management company on Wednesday, May 15th. This represents a $1.16 annualized dividend and a yield of 11.24%. The ex-dividend date of this dividend is Wednesday, May 1st.
First Trust Senior Floating Rate Income Fund II has decreased its dividend by an average of 2.3% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.
First Trust Senior Floating Rate Income Fund II Price Performance
Shares of First Trust Senior Floating Rate Income Fund II stock opened at $10.36 on Wednesday. The firm has a 50-day moving average of $10.18 and a 200-day moving average of $9.98. First Trust Senior Floating Rate Income Fund II has a 52-week low of $9.45 and a 52-week high of $10.42.
First Trust Senior Floating Rate Income Fund II Company Profile
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.
See Also
- Five stocks we like better than First Trust Senior Floating Rate Income Fund II
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- GE Aerospace is Ready for Liftoff After Strong Earnings
- What is the NASDAQ Stock Exchange?
- The Bottom is in For Tesla: Read This Before Buying the Bounce
- The 3 Best Blue-Chip Stocks to Buy Now
- 3 Technologies to Challenge NAND Flash Dominance in AI
Receive News & Ratings for First Trust Senior Floating Rate Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Senior Floating Rate Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.