James A. Bowen, a director and officer at First Trust Senior Floating Rate Income Fund II (NYSE:FCT), recently sold 3,955 common shares of the company. The shares were sold on December 16 at an average price of $10.4055, totaling approximately $41,153. Following this transaction, Bowen no longer holds any shares in the fund. The sale was executed with a power of attorney by Erin Klassman on behalf of Bowen.
The $270.75 million market cap fund currently offers an attractive 11.15% dividend yield and has maintained dividend payments for 21 consecutive years. According to InvestingPro analysis, FCT demonstrates strong financial health with low price volatility (Beta 0.58) and trades at a P/E ratio of 8.41. Subscribers can access additional insights and 6 more exclusive ProTips for FCT.
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