FCT (First Trust Senior Floating Rateome Fund II) Debt-to-Asset : 0.09 (As of May. 2024)

First Trust Senior Floating Rateome Fund II Debt-to-Asset Chart

First Trust Senior Floating Rateome Fund II Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Debt-to-Asset	Get a 7-Day Free Trial									0.27	0.15	0.14	0.19	0.09

Competitive Comparison of First Trust Senior Floating Rateome Fund II's Debt-to-Asset

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Trust Senior Floating Rateome Fund II's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's Debt-to-Asset falls into.

First Trust Senior Floating Rateome Fund II Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First Trust Senior Floating Rateome Fund II's Debt-to-Asset for the fiscal year that ended in May. 2024 is calculated as

First Trust Senior Floating Rateome Fund II's Debt-to-Asset for the quarter that ended in May. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Trust Senior Floating Rateome Fund II  (NYSE:FCT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

First Trust Senior Floating Rateome Fund II Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of First Trust Senior Floating Rateome Fund II's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

First Trust Senior Floating Rateome Fund II Business Description