First Trust Senior Floating Rate Income Fund II - aVenture Asset Manager Research
Location
Wheaton, IL, US
First Trust Senior Floating Rate Income Fund II is a closed-end fixed income mutual fund focused on investing in senior secured floating rate corporate loans in the United States. The fund is managed by First Trust Advisors L.P. and benchmarks its performance against the S&P/LSTA Leveraged Loan Index.
Based in Wheaton, Illinois, the fund aims to provide investors with exposure to the floating rate loan market. While specific portfolio companies are not mentioned, the fund's investment strategy targets senior secured loans, which typically offer higher yields and lower interest rate sensitivity compared to traditional fixed income investments.
Classification
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
