FCT: CEF Arbitrage Opportunity Via Conversion
ByAinvest
Wednesday, Dec 10, 2025 1:06 pm ET1min read
FCT--
The First Trust Senior Floating Rate Income Fund II (FCT) is a fixed-income closed-end fund with a 2024 downgrade to Hold. The fund provides a conversion arbitrage opportunity, with a significant discount to its net asset value. The conversion is expected to unlock value and address the discount, making it an attractive investment opportunity.
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