First Trust Senior Floating Rateome Fund II's quarterly market cap
declined
from Nov. 2024 ($271.26 Mil) to May. 2025 ($257.49 Mil) and
declined
from May. 2025 ($257.49 Mil) to Nov. 2025 ($252.04 Mil).
First Trust Senior Floating Rateome Fund II's annual market cap
increased
from May. 2023 ($248.40 Mil) to May. 2024 ($272.04 Mil) but then
declined
from May. 2024 ($272.04 Mil) to May. 2025 ($257.49 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Trust Senior Floating Rateome Fund II's Enterprise Value for Today is $288.30 Mil.
First Trust Senior Floating Rateome Fund II (NYSE:FCT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
First Trust Senior Floating Rateome Fund II Market Cap Related Terms
First Trust Senior Floating Rateome Fund II Market Cap Historical Data
* 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 Market Cap Chart
First Trust Senior Floating Rateome Fund II Annual Data
For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Asset Management Industry
First Trust Senior Floating Rateome Fund II Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 (FCT) has a Market Cap of $248.40 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #772 out of 1665 companies in the Asset Management industry, placing it in the top 46.4%.
Is First Trust Senior Floating Rateome Fund II's Market Cap too high?
First Trust Senior Floating Rateome Fund II's current Market Cap is $248.40 Mil. The Asset Management industry median Market Cap is 201.73. First Trust Senior Floating Rateome Fund II's value of $248.40 Mil is 23.1% above this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #772 out of 1665 companies in the Asset Management industry, which is above the industry midpoint. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Market Cap compare to MMT and MCR?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #772 out of 1665 companies for Market Cap. This puts First Trust Senior Floating Rateome Fund II in the upper half of its industry. The industry median Market Cap is 201.73. First Trust Senior Floating Rateome Fund II's value of $248.40 Mil is 23.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 201.73, based on 1,665 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Senior Floating Rateome Fund II's current Market Cap of $248.40 Mil is 23.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. For the Asset Management industry, the median Market Cap is 201.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Senior Floating Rateome Fund II's current Market Cap is $248.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current Market Cap of $248.40 Mil. The current Market Cap is $248.40 Mil and 23.1% above the Asset Management industry median of 201.73. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Market Cap is $248.40 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
First Trust Senior Floating Rateome Fund II Business Description
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
31GF Score
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