First Trust Senior Floating Rate Income Fund II Increases its Monthly Common Share Distribution to $0.097 Per Share for June

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May 22, 2023

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has increased its regularly scheduled monthly common share distribution to $0.097 per share from $0.092 per share. The distribution will be payable on June 15, 2023, to shareholders of record as of June 2, 2023. The ex-dividend date is expected to be June 1, 2023. The monthly distribution information for the Fund appears below.