Subscribe To

Price Alert Latest News Economic Calendar News

FCT / FCT: Low Leverage Floating Rate Loan Fund, 11% Yield (Rating Upgrade)

First Trust Senior Floating Rate Income Fund II is a fixed-income closed-end fund that focuses on leveraged loans, offering a high dividend yield. FCT has outperformed other fixed-income offerings this year, thanks to its floating rate collateral and the current market conditions. The fund has a low leverage ratio of 18% for its asset class and an 11.7% dividend yield. Read More

Demo Live Account See Partner Details

Content Topics

FCT

Leverage

Floating

Rate

Loan

Fund

Yield

Rating

rating

Upgrade

Stock

Posted: Oct 10 2023, 05:23

Author Name: Seeking Alpha

FCT News

By Seeking Alpha
October 10, 2023

FCT: Low Leverage Floating Rate Loan Fund, 11% Yield (Rating Upgrade)

First Trust Senior Floating Rate Income Fund II is a fixed-income closed-end fund that focuses on leveraged loans, offering a high dividend yield. FCT

By Seeking Alpha
February 17, 2023

FCT: Low Leverage Floating Loan CEF, 8.2% Yield

First Trust Senior Floating Rate Income Fund II is a fixed income closed end fund. The vehicle has a very low leverage ratio of 11%, which is suitable

By Seeking Alpha
May 23, 2022

FCT: Senior Loan Floating Rate Funds Make Sense Now

Inflationary pressures remain entrenched and benchmark Treasury yields are marching ever northward. Push-and-pull in equity markets are re-defining vo

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.