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Stock Analysis & ValuationFirst Trust Senior Floating Rate Income Fund II (FCT)

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$9.76
Sector Valuation Confidence Level
High
Valuation methodValue, $Upside, %
Artificial intelligence (AI)42.18332
Intrinsic value (DCF)33.16240
Graham-Dodd Methodn/a
Graham Formulan/a

Company Information

120 East Liberty Drive
Wheaton, IL 60187
United States
Phone: 630-765-8000
Industry: Asset Management - Income
Sector: Financial Services
CEO: Daniel Joel Lindquist

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. It was formerly known as First Trust/Four Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.

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