First Trust Senior Floating Rate Income Fund II (NYSE:FCT) Stock Sentiment Increases to 0.9

Positions for First Trust Senior Floating Rate Income Fund II (NYSE:FCT)

“Big money sentiment for First Trust Senior Floating Rate Income Fund II (NYSE:FCT) in 2018 Q2 increased to 0.9, SEC filings reveal. So its up 0.38, from 2018Q1’s 0.52. 18 institutional investors started new or increased holdings, while 20 reduced and sold positions in First Trust Senior Floating Rate Income Fund II so the sentiment is positive. Funds own 5.93 million shares, down from 6.10 million shares in 2018Q1. Funds holding First Trust Senior Floating Rate Income Fund II in top 10 was flat from 0 to 0 for the same number . In total 5 funds closed positions, 15 reduced and 9 increased. Also 9 funds bought new First Trust Senior Floating Rate Income Fund II stakes.

Most First Trust Senior Floating Rate Income Fund II Investors

Edgemoor Investment Advisors Inc. owns 384,236 shares in First Trust Senior Floating Rate Income Fund II as of 2018 Q2. First Trust Senior Floating Rate Income Fund II’s shareholder Shaker Financial Services Llc owns 53,649 shares as of 2018 Q2. Gradient Investments Llc reported 354,906 shares. First Foundation Advisors revealed 291,087 shares position in First Trust Senior Floating Rate Income Fund II. The Hong Kong-based fund Nine Masts Capital Ltd holds 43,100 shares or 0.11% of their US long stock exposure.

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 company has $313.42 million market cap. The fund invests in the fixed income markets of the United States.22.28 is the P/E ratio. It seeks to invest in a portfolio of senior secured floating rate corporate loans.

FCT hit $11.74 during the last trading session after $0.08 change.First Trust Senior Floating Rat has 243,936 shares volume, 128.12% up from normal. FCT is downtrending and has moved 4.51% since December 8, 2017. FCT underperformed the S&P500 by 20.13%.

Blackrock accumulated 0% or 16,523 shs. Benjamin F Edwards & Incorporated holds 6,248 shs. First Foundation has invested 0.22% of its capital in First Trust Senior Floating Rat (NYSE:FCT). Cetera Advisor Networks Lc holds 0.01% or 17,500 shs in its capital. Royal Commercial Bank Of Canada holds 49,397 shs. Guggenheim Cap Ltd Llc has 0.03% invested in First Trust Senior Floating Rat (NYSE:FCT). Lpl Ltd Limited Liability Company invested 0% in First Trust Senior Floating Rat (NYSE:FCT). Atria Lc, North Carolina-based fund reported 16,151 shs. Morgan Stanley invested 0% in First Trust Senior Floating Rat (NYSE:FCT). Moreover, Stifel Fincl has 0.01% invested in First Trust Senior Floating Rat (NYSE:FCT) for 169,695 shs. Cetera Ltd Company invested in 23,885 shs. Gradient Limited Liability Corp, a Minnesota-based fund reported 354,906 shs. Fincl Bank Of Montreal Can invested 0% of its capital in First Trust Senior Floating Rat (NYSE:FCT). Edgemoor Invest Advsrs Inc, a Maryland-based fund reported 384,236 shs. Amundi Pioneer Asset Management Inc invested 0% of its capital in First Trust Senior Floating Rat (NYSE:FCT).

For more First Trust Senior Floating Rat (NYSE:FCT) news brought out recently go to: Seekingalpha.com, Digitaljournal.com, Seekingalpha.com, Businesswire.com or Seekingalpha.com. The titles are as follows: “Marketing for biggest leveraged loan of the year to start next week: Bloomberg – Seeking Alpha” brought out on August 28, 2018, “First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.06 Per Share for December – Press Release – Digital Journal” on November 20, 2018, “Investors rush out of senior loan funds – Seeking Alpha” with a publish date: November 26, 2018, “First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Senior Floating Rate Income Fund II and First Trust Senior Floating Rate 2022 Target Term Fund – Business Wire” and the last “Slump in leveraged loan market – Seeking Alpha” with publication date: June 26, 2018.

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