FCT Stock Summary and Trading Ideas (First Trust Senior Fr II C | NYSE:FCT)

The 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 will attempt to preserve capital. The Fund will pursue these objectives through investment in a portfolio of senior secured floating rate corporate loans. It is anticipated that at least 80% of the Fund's managed assets will be invested in lower grade debt instruments.

First Trust Senior Fr II C trades on the NYSE stock market under the symbol FCT.

As of April 4, 2025, FCT stock price declined to $9.34 with 271,379 million shares trading.

FCT has a beta of 0.32, meaning it tends to be less sensitive to market movements. FCT has a correlation of 0.30 to the broad based SPY ETF.

FCT has a market cap of $242.68 million. This is considered a Small Cap stock.

In the last 3 years, FCT traded as high as $13.07 and as low as $9.31.

FCT has outperformed the market in the last year with a price return of +3.2% while the SPY ETF was flat at -0.1%. FCT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning -6.7% and -7.3%, respectively, while the SPY returned -14.4% and -10.4%, respectively.

FCT support price is $9.85 and resistance is $9.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FCT shares will trade within this expected range on the day.