Valuation check: FCT's ROE is 20.03%, above the sector sector average of -4.47%.
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+ Follow20.03%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, FCT shows a ROE of 20.03%. That is above the sector sector average of -4.47%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about -4.47%. First Trust Senior Floting Rate Income Fund II is at 20.03%, which is higher that average. That is roughly 548.2% above the sector mean. Use the comparison chart on this page to see how FCT stacks up against individual peers as well.
Check the historical chart to see whether FCT's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare First Trust Senior Floting Rate Income Fund II with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has First Trust Senior Floting Rate Income Fund II's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 20.03%) with ownership activity and broader fundamentals.