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FIRST TRUST SENIOR FLOATING RATE INCOME FUND II (FCT)

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Research analysts covering FIRST TRUST SENIOR FLOATING RATE INCOME FUND II.

Recent press releases and 8-K filings for FCT.

First Trust Senior Floating Rate Income Fund II Board Approves ETF Conversion
FCT
  • The Board of First Trust Senior Floating Rate Income Fund II (FCT) has approved its reorganization into First Trust Flexible Income ETF, a newly created, actively managed exchange-traded fund.
  • This tax-free reorganization is expected to be completed during 2026, subject to requisite shareholder and regulatory approvals, with FCT shareholders receiving equivalent shares in the new ETF.
  • FCT's current investment strategy focuses on providing a high level of current income by investing at least 80% of its Managed Assets in senior secured floating-rate corporate loans, with generally at least 80% of these assets in lower grade debt instruments.
  • First Trust Advisors L.P. (FTA), the investment advisor for FCT, manages or supervises approximately $304 billion in assets as of October 31, 2025.
Dec 9, 2025, 9:10 PM