First Trust Senior Floating Rate Income Fund IIFCT
About: First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1% more funds holding
Funds holding: 75 [Q1] → 76 (+1) [Q2]
3% less capital invested
Capital invested by funds: $106M [Q1] → $102M (-$3.42M) [Q2]
1.37% less ownership
Funds ownership: 40.13% [Q1] → 38.77% (-1.37%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for FCT.
Financial journalist opinion









