First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) declared a monthly dividend on Thursday, June 20th, NASDAQ reports. Shareholders of record on Tuesday, July 2nd will be paid a dividend of 0.066 per share by the investment management company on Monday, July 15th. This represents a $0.79 dividend on an annualized basis and a yield of 6.51%. The ex-dividend date is Monday, July 1st.
First Trust Senior Fltng Rate Incm Fd II has decreased its dividend by an average of 6.5% annually over the last three years.
Shares of NYSE:FCT remained flat at $$12.16 during trading on Friday. The stock had a trading volume of 257,558 shares, compared to its average volume of 83,467. First Trust Senior Fltng Rate Incm Fd II has a fifty-two week low of $10.85 and a fifty-two week high of $12.96. The company’s 50 day moving average price is $11.98.
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.
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