First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for November
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2024
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Source: Businesswire
Fund Distribution Announcement: First Trust Senior Floating Rate Income Fund II has declared a monthly distribution of $0.097 per share, payable on November 15, 2024, with an ex-dividend date of November 1, 2024.
Investment Strategy and Risks: The Fund primarily invests in senior secured floating-rate corporate loans, focusing on high current income while also facing various risks including market fluctuations, credit risk, and liquidity challenges associated with below investment grade securities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
