Dividend Information about First Trust Senior Floating Rate Income Fund II: Everything You Need to Know Before Its Ex-Dividend Date on Oct 1, 2025

First Trust Senior Floating Rate Income Fund II (FCT) has announced a cash dividend of $0.097 per share, scheduled to be paid on Oct 15, 2025, to shareholders of record as of Oct 1, 2025. This dividend was officially declared on Sep 18, 2025, and marks an increase compared to the average of the past 10 dividend payments, which stood at approximately $0.080. Investors who wish to receive this distribution must purchase shares before the ex-dividend date of Oct 1, 2025, as any transaction after this date will not qualify for the dividend. The company’s last dividend, paid on Sep 15, 2025, was also $0.097 per share, indicating consistency in its payout pattern.

Over the past week, several key developments have shaped the market perception of FCT. Most notably, the fund declared its regularly scheduled monthly distribution, which analysts indicated reflects a strong emphasis on income generation. The distribution rate based on the latest net asset value (NAV) of $10.43 was 11.16%, while the market-based yield reached 11.70%, highlighting the fund’s appeal to income-focused investors. This distribution is expected to be sourced from net investment income, return of capital, and potentially net short-term realized capital gains. The final tax characterization will be confirmed by year-end and reported on Form 1099-DIV.

Additionally, recent market analysis has highlighted FCT’s current premium/discount status, with the fund currently trading at a -4.3% discount to its NAV. This valuation suggests potential undervaluation in the eyes of some investors, particularly when considering its yield and distribution consistency. The fund remains a key player in the fixed-income sector, with a focus on senior floating rate loans and other credit-oriented investments.

On the industry front, closed-end funds like FCT have gained attention due to their high yield characteristics and structured investment strategies. Analysts noted that FCT’s recent performance aligns with broader trends in credit markets, where investors are seeking stable income amid economic uncertainty. The fund’s disciplined approach to credit risk and its diversified portfolio of senior loans have contributed to its steady dividend output, making it a reliable option for income-focused portfolios.

In conclusion, First Trust Senior Floating Rate Income Fund II continues to demonstrate a strong commitment to its shareholders through consistent and above-average dividend payments. The ex-dividend date of Oct 1, 2025, marks the final day for investors to purchase shares and be eligible for this upcoming payout. As the fund remains a key player in the fixed-income sector, its recent performance and strategic positioning position it as an attractive option for those seeking regular income and capital preservation.