First Trust Senior Floting Rate Income Fund II Net Tangible Assets

First Trust Senior Floting Rate Income Fund II posts a net tangible assets of $270M as of November 2025. That compares with $280M in the prior-year period — down 4.7% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, First Trust Senior Floting Rate Income Fund II's net tangible assets was $280M. The latest reading is $270M — a 4.7% year-over-year decrease (period ending November 2025). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of First Trust Senior Floting Rate Income Fund II's financial statement story. At $270M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for FCT's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; First Trust Senior Floting Rate Income Fund II's other metric pages and overview cover the third.