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 ...