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

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) announced a monthly dividend on Thursday, December 18th. Stockholders of record on Friday, January 2nd will be paid a dividend of 0.097 per share by the investment management company on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date of this dividend is Friday, January 2nd.

First Trust Senior Floating Rate Income Fund II Trading Down 0.4%

NYSE:FCT opened at $10.00 on Friday. First Trust Senior Floating Rate Income Fund II has a one year low of $8.61 and a one year high of $10.59. The firm’s 50 day simple moving average is $9.67 and its 200 day simple moving average is $9.90.

About First Trust Senior Floating Rate Income Fund II

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.