First Trust Senior Floating Rate Income Fund II Stock Forecast, Price & News

First Trust Senior Floating Rate Income Fund II's stock was trading at $10.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FCT shares have increased by 7.8% and is now trading at $11.47.
View which stocks have been most impacted by COVID-19.

Wall Street analysts have given First Trust Senior Floating Rate Income Fund II a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust Senior Floating Rate Income Fund II wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

First Trust Senior Floating Rate Income Fund II announced a monthly dividend on Thursday, November 19th. Investors of record on Wednesday, December 2nd will be given a dividend of $0.105 per share on Tuesday, December 15th. This represents a $1.26 annualized dividend and a yield of 10.99%. The ex-dividend date is Tuesday, December 1st.
View First Trust Senior Floating Rate Income Fund II's dividend history.

First Trust Senior Floating Rate Income Fund II saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 23,400 shares, an increase of 146.3% from the October 31st total of 9,500 shares. Based on an average trading volume of 92,600 shares, the days-to-cover ratio is currently 0.3 days.
View First Trust Senior Floating Rate Income Fund II's Short Interest.

Some companies that are related to First Trust Senior Floating Rate Income Fund II include (BTT.AX) (BTT), (CDI.L) (CDI), (DP3D.L) (DP3D), (TBGR.L) (TBGR), (TRE.L) (TRE), (WDE.AX) (WDE), 360 Capital Digital Infrastructure Fund (TDI.AX) (TDI), 3i Group (TGOPF), 3i Group (TGOPY), 6625 (EIA), 8IP Emerging Companies Limited (8EC.AX) (8EC), Aberdeen Australia Equity Fund (IAF), Aberdeen Global Premier Properties Fund (AWP), Absolute Equity Performance Fund Limited (AEG.AX) (AEG) and Ackermans & Van Haaren NV (ACKB.BR) (ACKB).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Senior Floating Rate Income Fund II investors own include ONEOK (OKE), Enterprise Products Partners (EPD), PIMCO Dynamic Credit and Mortgage Income Fund (PCI), Putnam Premier Income Trust (PPT), The Southern (SO), The Toronto-Dominion Bank (TD), Wells Fargo & Company (WFC), AbbVie (ABBV), Blackrock Resources & Commodities Strategy Trust (BCX) and Calamos Dynamic Convertible and Income Fund (CCD).

First Trust Senior Floating Rate Income Fund II trades on the New York Stock Exchange (NYSE) under the ticker symbol "FCT."

First Trust Senior Floating Rate Income Fund II's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Saba Capital Management L.P. (0.00%), Relative Value Partners Group LLC (0.00%), Gradient Investments LLC (0.00%), Morgan Stanley (0.00%), Edgemoor Investment Advisors Inc. (0.00%) and Rivernorth Capital Management LLC (0.00%).
View institutional ownership trends for First Trust Senior Floating Rate Income Fund II.

FCT stock was sold by a variety of institutional investors in the last quarter, including Rivernorth Capital Management LLC, Saba Capital Management L.P., Clough Capital Partners L P, Relative Value Partners Group LLC, Titus Wealth Management, Whitener Capital Management Inc., Edgemoor Investment Advisors Inc., and TFG Advisers LLC.
View insider buying and selling activity for First Trust Senior Floating Rate Income Fund II.

FCT stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, National Asset Management Inc., Shaker Financial Services LLC, Guggenheim Capital LLC, Commonwealth Equity Services LLC, Kestra Advisory Services LLC, Jane Street Group LLC, and Envestnet Asset Management Inc..
View insider buying and selling activity for First Trust Senior Floating Rate Income Fund II.

Shares of FCT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FCT stock can currently be purchased for approximately $11.47.

The official website for First Trust Senior Floating Rate Income Fund II is www.ftportfolios.com.

First Trust Senior Floating Rate Income Fund II's mailing address is 120 E Liberty Dr Ste 400, WHEATON, IL 60187-5455, United States. The investment management company can be reached via phone at +1-630-7658000.