First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for April
First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024.
- First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024.
- The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
- The Fund pursues these investment objectives by investing primarily in senior secured floating-rate corporate loans.
- Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in lower grade debt instruments.