Media coverage about First Trust Senior Floating Rate Income Fund II (NYSE:FCT) has trended somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Trust Senior Floating Rate Income Fund II earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 45.1114618327301 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) traded up $0.01 during mid-day trading on Thursday, hitting $12.94. 33,312 shares of the company were exchanged, compared to its average volume of 121,047. First Trust Senior Floating Rate Income Fund II has a 12-month low of $12.62 and a 12-month high of $14.01.
The company also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, February 2nd will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, February 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.56%.
ILLEGAL ACTIVITY NOTICE: This piece was first posted by Week Herald and is the property of of Week Herald. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://weekherald.com/2018/02/15/somewhat-critical-news-coverage-somewhat-unlikely-to-affect-first-trust-senior-floating-rate-income-fund-ii-fct-share-price.html.
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).
Receive News & Ratings for First Trust Senior Floating Rate Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Senior Floating Rate Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.