FIRST TRUST SENIOR FLOATING RATE INCOME FUND II
No SEC Form 4 filings for $FCT in the last 30 days.
See all $FCT insider activity →BofA initiated coverage of Fincantieri (FCT) with a 'buy' rating and €17 price target, citing growth potential in underwater and naval businesses. Shares rose 3.2%. BofA forecasts 34% EPS growth (2026-2030) and expects underwater business to generate €1.8B revenue in 2030, 6% above market expectations.
Frasers Centrepoint Trust (FCT) reported Q3 FY2026 committed retail occupancy of 99.6%, down from 99.9% a year earlier and 99.8% last quarter, excluding Hougang Mall and NEX. Shopper traffic rose 2.4% and tenants’ sales 0.2%. Average cost of debt fell to 3.0%. FCT’s proposed White Sands sale for $467m should yield about $454.1m to repay debt, reducing leverage to 36.5% pro forma.
Frasers Centrepoint Trust (FCT) reported Q3 ended Jun 30, 2026 committed retail occupancy of 99.6%, down 0.2 pp QoQ and 0.3 pp YoY, excluding Hougang Mall and Nex. Shopper traffic rose 2.4% YoY and tenant sales 0.2%. Average cost of debt fell to 3.0% from 3.2%. FCT proposed selling White Sands for S$467m (net proceeds ~S$454.1m, net gains ~S$32.4m) and formed a JV to bid S$2.1b for a Bayshore Drive site.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning FCT (FIRST TRUST SENIOR FLOATING RATE INCOME FUND II). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent FCT coverage spans financial news, mergers & acquisitions and corporate actions.
Analyst upgrade and price target lift likely drive buying pressure.
Occupancy is slightly down but traffic and tenant sales rose, while debt costs fell due to swap expiries.
Higher occupancy and easing debt costs are credit-positive, while the White Sands sale and Bayshore JV bid add near-term balance-sheet and growth optionality.
FCT is positioned as a valuation-led opportunity supported by stable asset capitalization rates.
The deal is a material growth capex/roll-up story with quantified pro-forma revenue/profit and EPS uplift targets, likely supporting near-term sentiment and longer-term valuation.
AlphAI scores every news story that mentions FCT with an AI model for sentiment and relevance, and aggregates insider trades from FIRST TRUST SENIOR FLOATING RATE INCOME FUND II's SEC EDGAR Form 4 filings. Figures refresh continuously.
BofA initiated coverage of Fincantieri (FCT) with a 'buy' rating and €17 price target, citing growth potential in underwater and naval businesses. Shares rose 3.2%. BofA forecasts 34% EPS growth (2026-2030) and expects underwater business to generate €1.8B revenue in 2030, 6% above market expectations.
2 min readFrasers Centrepoint Trust (FCT) reported Q3 FY2026 committed retail occupancy of 99.6%, down from 99.9% a year earlier and 99.8% last quarter, excluding Hougang Mall and NEX. Shopper traffic rose 2.4% and tenants’ sales 0.2%. Average cost of debt fell to 3.0%. FCT’s proposed White Sands sale for $467m should yield about $454.1m to repay debt, reducing leverage to 36.5% pro forma.
4 min readFrasers Centrepoint Trust (FCT) reported Q3 ended Jun 30, 2026 committed retail occupancy of 99.6%, down 0.2 pp QoQ and 0.3 pp YoY, excluding Hougang Mall and Nex. Shopper traffic rose 2.4% YoY and tenant sales 0.2%. Average cost of debt fell to 3.0% from 3.2%. FCT proposed selling White Sands for S$467m (net proceeds ~S$454.1m, net gains ~S$32.4m) and formed a JV to bid S$2.1b for a Bayshore Drive site.
4 min readSingapore S-Reits have fallen about 6% YTD versus the STI up 11%, amid US Fed hawkishness and geopolitical risks, according to DBS. Analysts cite easing SORA versus sector borrowing costs, rate moves already priced in, cheaper valuations (P/B ~0.9), resilient fundamentals, and forward dividend yields of ~6-6.2%. Earnings season begins next week.
5 min readItalian shipbuilder Fincantieri (BIT:FCT) agreed to buy majority stakes in four Italian subsea tech firms—Next Geosolutions, WSense, Graal Tech and Defcomm—for about €600m. The company says underwater operations could reach €1.1bn revenue and €220m core profit this year (pro forma), with acquisitions adding €60m+ to net profit in 2024 and ~€130m by 2030; EPS seen rising ~30% by 2028 and 20% by 2030.
4 min readInvesting.com reports Fincantieri shares rose 12.3% to €12.25 after the company announced a €600m underwater technology acquisition program targeting Next Geosolutions, WSense, Graal Tech and Defcomm. The deal is expected to deliver €1.1bn revenues and €220m EBITDA in 2026, funded by a €500m capital raise, with a €16.56 consensus 12-month price target.
3 min readItalian shipbuilder Fincantieri shares rose over 11% after it said it will acquire majority stakes in four Italian underwater-technology firms (Next Geosolutions, WSense, Graal Tech, Defcomm) for about €600 million. The deals are expected to lift 2026 pro-forma EBITDA 13% and net profit 40%, with underwater-unit 2026 revenue €1.1B and EBITDA €220M. Funding includes a €500M capital raise.
3 min readThis article announces that the First Trust Senior Floating Rate Income Fund II has declared a monthly dividend of $0.097 per share. This distribution will be payable on May 31, 2026, to shareholders of record as of May 23, 2026. The ex-dividend date for this payment is May 22, 2026.
2 min readFirst Trust Senior Floating Rate Income Fund II (FCT) has declared a monthly common share distribution of $0.097 per share, payable on March 16, 2026, to shareholders of record as of March 2, 2026. This distribution reflects a rate of 11.58% based on NAV and 11.66% based on market price as of February 18, 2026, and is composed of net investment income, return of capital, and potentially net short-term realized capital gains. The Fund's primary objective is to seek a high level of current income, primarily investing in senior secured floating-rate corporate loans, with a secondary objective of capital preservation.
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