FCT (First Trust Senior Floating Rateome Fund II) Notes Receivable: $0.00 Mil (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FCT First Trust Senior Floating Rate Income Fund II FCT
38 GF Score
Price $9.67
GF Value $5.45
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is First Trust Senior Floating Rateome Fund II Notes Receivable?

First Trust Senior Floating Rateome Fund II FCT +0.21% 38 Notes Receivable is $0.00 Mil as of May. 2026. GuruFocus rates FCT with a GF Score™ of 38/100 and a GF Value™ of $5.45 (Significantly Overvalued). The stock has 7 warning signs investors should review.

First Trust Senior Floating Rateome Fund II's Notes Receivable for the quarter that ended in May. 2026 was $0.00 Mil.

First Trust Senior Floating Rateome Fund II Notes Receivable Related Terms

First Trust Senior Floating Rateome Fund II Notes Receivable Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II's Notes Receivable can be seen below:

* 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 Notes Receivable Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25 May26
Notes Receivable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

First Trust Senior Floating Rateome Fund II Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Notes Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FCT
38GF Score
First Trust Senior Floating Rate Income Fund II FCT
Notes Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Trust Senior Floating Rateome Fund II Notes Receivable Calculation

Notes Receivable is an unconditional promise to receive a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer.

Frequently Asked Questions Learn more about Notes Receivable →
What does a Notes Receivable of $0.00 Mil mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Notes Receivable of $0.00 Mil as of May. 2026. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Notes Receivable too high?
First Trust Senior Floating Rateome Fund II's current Notes Receivable is $0.00 Mil. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Notes Receivable compare to NUW and JRS?
First Trust Senior Floating Rateome Fund II's Notes Receivable of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Notes Receivable for an Asset Management company?
A good Notes Receivable depends on the Asset Management industry context. However, Notes Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Notes Receivable mean?
A high Notes Receivable can signal that a stock is expensive relative to its fundamentals. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Notes Receivable is $0.00 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?
Based on GuruFocus' analysis, First Trust Senior Floating Rateome Fund II (FCT) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.45, compared to a current price of $9.67 — trading 77.4% above its estimated fair value. The current Notes Receivable is $0.00 Mil. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Notes Receivable calculated?
Notes Receivable is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Notes Receivable is $0.00 Mil as of May. 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.

Is First Trust Senior Floating Rateome Fund II (FCT) Overvalued in 2026?

Based on GuruFocus' analysis, First Trust Senior Floating Rateome Fund II stock appears to be overvalued. The current stock price of $9.67 is trading 77.4% above its estimated GF Value™ of $5.45. GuruFocus considers First Trust Senior Floating Rateome Fund II to be Significantly Overvalued.

Key valuation signals for FCT:

  • Notes Receivable: $0.00 Mil
  • GF Value™: $5.45 vs. price of $9.67 (77.4% above fair value)
  • GF Score™: 38/100 with 7 warning signs

No single metric tells the full story. See the FCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Trust Senior Floating Rateome Fund II Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
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.
38GF Score

Get the complete analysis for FCT

Notes Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.67
Price
$5.45
GF Value