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FCT: CEF Arbitrage Opportunity Via The Conversion (NYSE:FCT)
Seeking Alpha· 2025-12-10 18:05
The First Trust Senior Floating Rate Income Fund II ( FCT ) is a fixed-income closed-end fund, or CEF, that we last covered in 2024. At the time we downgraded the CEF to Hold, arguingWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have b ...
FCT: CEF Arbitrage Opportunity Via The Conversion
Seeking Alpha· 2025-12-10 18:05
Group 1 - The First Trust Senior Floating Rate Income Fund II (FCT) is a fixed-income closed-end fund that was last covered in 2024, with a previous downgrade to Hold due to market conditions [1] - Binary Tree Analytics (BTA) focuses on providing transparency and analytics in capital markets, particularly in closed-end funds (CEFs), exchange-traded funds (ETFs), and special situations, aiming for high annualized returns with low volatility [1] Group 2 - The article does not provide any specific investment recommendations or advice regarding the suitability of investments for particular investors [2][3]