Nomura Holdings Inc. Invests $168,000 in First Trust Senior Floating Rate Income Fund II (NYSE:FCT)

Nomura Holdings Inc. purchased a new stake in shares of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,645 shares of the investment management company’s stock, valued at approximately $168,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp bought a new position in First Trust Senior Floating Rate Income Fund II during the fourth quarter worth about $27,000. Stonebridge Capital Advisors LLC bought a new position in shares of First Trust Senior Floating Rate Income Fund II in the third quarter worth $32,000. SeaCrest Wealth Management LLC acquired a new position in shares of First Trust Senior Floating Rate Income Fund II during the 4th quarter worth $104,000. Raymond James & Associates boosted its holdings in shares of First Trust Senior Floating Rate Income Fund II by 21.3% during the 4th quarter. Raymond James & Associates now owns 12,401 shares of the investment management company’s stock valued at $125,000 after acquiring an additional 2,175 shares in the last quarter. Finally, Realta Investment Advisors increased its stake in shares of First Trust Senior Floating Rate Income Fund II by 21.2% in the fourth quarter. Realta Investment Advisors now owns 14,414 shares of the investment management company’s stock valued at $145,000 after buying an additional 2,519 shares during the period.

First Trust Senior Floating Rate Income Fund II Stock Up 0.2 %

Shares of NYSE:FCT opened at $10.18 on Monday. The business has a fifty day simple moving average of $10.33 and a 200 day simple moving average of $10.13. First Trust Senior Floating Rate Income Fund II has a 12-month low of $9.51 and a 12-month high of $10.59.

First Trust Senior Floating Rate Income Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be issued a $0.097 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.16 annualized dividend and a yield of 11.43%.

First Trust Senior Floating Rate Income Fund II Profile

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 fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.