What is First Trust Senior Floating Rateome Fund II Net Margin %?
First Trust Senior Floating Rateome Fund IIFCT -0.42%31 Net Margin % is 97.01% as of Nov. 2025, which is 1% below its 10-year median of 97.52. GuruFocus rates FCT with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 1,579 Asset Management companies, First Trust Senior Floating Rateome Fund II ranks better than 66.24% on this metric.
FCT'
s Net Margin % Range Over the Past 10 Years
Min: 93.54 Med: 97.52 Max: 109.42
Current: 96.99
FCT's Net Margin % is ranked better than 66.24% of 1579
companies
in the Asset Management industry
Industry Median: 84.88
vs FCT: 96.99
First Trust Senior Floating Rateome Fund II (NYSE:FCT) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
First Trust Senior Floating Rateome Fund II Net Margin % Related Terms
First Trust Senior Floating Rateome Fund II Net Margin % 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 Net Margin % Chart
First Trust Senior Floating Rateome Fund II Annual Data
For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Asset Management Industry
* 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 Net Margin % of 97.01% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. This is near median its historical median of 97.52. Over the past decade, First Trust Senior Floating Rateome Fund II's Net Margin % has ranged from 93.54 to 109.42. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #533 out of 1579 companies in the Asset Management industry, placing it in the top 33.8%.
Is First Trust Senior Floating Rateome Fund II's Net Margin % too high?
First Trust Senior Floating Rateome Fund II's current Net Margin % of 97.01% is near median its 10-year median of 97.52. Over the past 10 years, this metric has ranged from a low of 93.54 to a high of 109.42. The Asset Management industry median Net Margin % is 84.88. First Trust Senior Floating Rateome Fund II's value of 97.01% is 14.3% above this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #533 out of 1579 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 Net Margin % compare to MMT and MCR?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #533 out of 1579 companies for Net Margin %. This puts First Trust Senior Floating Rateome Fund II in the upper half of its industry. The industry median Net Margin % is 84.88. First Trust Senior Floating Rateome Fund II's value of 97.01% is 14.3% above this benchmark. Historically, First Trust Senior Floating Rateome Fund II's own Net Margin % has ranged from 93.54 to 109.42 over the past decade. While the company's 10-year median is 97.52 vs. the industry median of 84.88, First Trust Senior Floating Rateome Fund II has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.88, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % of 97.01% is 14.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — 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 Net Margin % is 97.01%, which is near median its own 10-year median of 97.52. 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 Net Margin % of 97.01%. The current Net Margin % is 97.01%, which is near median its 10-year median of 97.52 and 14.3% above the Asset Management industry median of 84.88. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Net Margin % is 97.01% as of Nov. 2025. 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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