News coverage about First Trust Senior Floating Rate Income Fund II (NYSE:FCT) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Trust Senior Floating Rate Income Fund II earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 47.3235031640377 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
First Trust Senior Floating Rate Income Fund II (FCT) traded up $0.02 during midday trading on Friday, reaching $12.82. 132,908 shares of the company’s stock were exchanged, compared to its average volume of 139,876. First Trust Senior Floating Rate Income Fund II has a 1 year low of $12.62 and a 1 year high of $14.01.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Wednesday, January 3rd will be paid a $0.0635 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Tuesday, January 2nd.
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About First Trust Senior Floating Rate Income Fund II
First Trust Senior Floating Rate Income Fund II is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. As a secondary objective, the Fund attempts to preserve capital. The Fund pursues these objectives by investing primarily in a portfolio of senior floating rate loan interests (Senior Loans).
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