First Trust Senior Fltng Rate Incm Fd II (FCT) Receiving Somewhat Positive Press Coverage, Analysis Finds

Media headlines about First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Trust Senior Fltng Rate Incm Fd II earned a news impact score of 0.17 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 46.4407477337231 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of First Trust Senior Fltng Rate Incm Fd II traded down $0.08, hitting $12.70, during mid-day trading on Friday, according to Marketbeat Ratings. 43,500 shares of the stock were exchanged, compared to its average volume of 86,612. First Trust Senior Fltng Rate Incm Fd II has a twelve month low of $12.41 and a twelve month high of $13.53.

The business also recently declared a monthly dividend, which will be paid on Wednesday, August 15th. Stockholders of record on Thursday, August 2nd will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Wednesday, August 1st. This represents a $0.72 annualized dividend and a dividend yield of 5.67%.



First Trust Senior Fltng Rate Incm Fd II Company Profile

First Trust Senior Floating Rate Income Fund II is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. As a secondary objective, the Fund attempts to preserve capital. The Fund pursues these objectives by investing primarily in a portfolio of senior floating rate loan interests (Senior Loans).

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