First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of 0.097 Per Share for November
| FCT Etf | USD 10.38 0.03 0.29% |
Slightly above 54% of First Trust's investor base is interested to short. The current sentiment of investing in First Trust Senior suggests that many traders are impartial. First Trust's investing sentiment can be driven by a variety of factors including economic data, First Trust's earnings reports, geopolitical events, and overall market trends.
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WHEATON, Ill., October 21, 2024--First Trust Senior Floating Rate Income Fund II has declared the Funds regularly scheduled monthly common share distribution in the amount of 0.097 per share payable on November 15, 2024, to shareholders of record as of November 1, 2024. The ex-dividend date is expected to be November 1, 2024. The monthly distribution information for the Fund appears below.
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First Trust Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards First Trust can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
First Trust Fundamental Analysis
We analyze First Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
First Trust is currently under evaluation in price to earning as compared to similar ETFs. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
First Trust Senior Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Trust etf to make a market-neutral strategy. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics with similar companies.
Peers
First Trust Related Equities
| FPF | First Trust | 0.54 | ||||
| VMO | Invesco Municipal | 0.50 | ||||
| GDO | Western Asset | 0.43 | ||||
| EVF | Eaton Vance | 0.32 | ||||
| BGX | Blackstone Gso | 0.08 | ||||
| ISD | Pgim High | 0.07 | ||||
| EFR | Eaton Vance | 0.08 | ||||
| JLS | Nuveen Mortgage | 0.16 | ||||
| CPZ | Calamos LongShort | 0.19 | ||||
| BGT | BlackRock Floating | 0.30 | ||||
| BGB | Blackstone Gso | 0.47 | ||||
| EHI | Western Asset | 1.02 |
Check out First Trust Hype Analysis, First Trust Correlation and First Trust Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of First Trust Senior is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.