First Trust Senior Floating Rate Income Fund II (NYSE:FCT) to Issue $0.10 Monthly Dividend

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) announced a monthly dividend on Tuesday, April 20th, Zacks reports. Investors of record on Tuesday, May 4th will be paid a dividend of 0.098 per share by the investment management company on Monday, May 17th. This represents a $1.18 annualized dividend and a yield of 9.54%. The ex-dividend date of this dividend is Monday, May 3rd.

Shares of NYSE FCT opened at $12.33 on Friday. The firm has a 50 day moving average of $12.21 and a 200 day moving average of $11.66. First Trust Senior Floating Rate Income Fund II has a 12-month low of $10.06 and a 12-month high of $12.50.

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.

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Dividend History for First Trust Senior Floating Rate Income Fund II (NYSE:FCT)

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