Sector: Financials | Industry: Closed End Funds |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 120 East Liberty Drive, Suite 400 WHEATON IL 60187 |
Tel: | N/A |
Website: | https://www.ftportfolios.com/retail/cef/CEFsummary.aspx |
IR: | See website |
Key People | ||
James A. Bowen Chairman of the Board of Trustees | James M. Dykas President, Chief Executive Officer | Derek D. Maltbie Chief Financial Officer, Chief Accounting Officer, Treasurer |
Kristi A. Maher Chief Compliance Officer, Assistant Secretary | Daniel J. Lindquist Vice President | W. Scott Jardine Secretary, Chief Legal Officer |
Business Overview |
First Trust Senior Floating Rate Income Fund II (the Fund) is a diversified, closed-end management investment company. The primary investment objective of the Fund is to seek a high level of current income. As a secondary objective, the Fund attempts to preserve capital. The Fund pursues its investment objectives by investing primarily in a portfolio of senior secured floating-rate corporate loans (Senior Loans). Under normal market conditions, at least 80% of the Fund's managed assets are generally invested in a diversified portfolio of Senior Loans. It is anticipated that at least 80% of the Fund's managed assets are invested in lower grade debt instruments, although from time to time all of the Fund's managed assets may be invested in such lower grade debt instruments. The Fund invests in a range of sectors, including software; insurance; media; health care technology; hotels, restaurants and leisure, and others. The Fund's investment advisor is First Trust Advisors L.P. |
Financial Overview |
For the fiscal year ended 30 November 2010, First Trust Senior Fltng Rate Incm Fd II has not disclosed any comparable financial information. |