FCT (First Trust Senior Floating Rateome Fund II) Selling, General, & Admin. Expense: $0.50 Mil (TTM As of Nov. 2025)

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FCT First Trust Senior Floating Rate Income Fund II FCT
24 GF Score
Price $9.60
! 7 Warning Signs
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What is First Trust Senior Floating Rateome Fund II Selling, General, & Admin. Expense?

First Trust Senior Floating Rateome Fund II FCT 24 Selling, General, & Admin. Expense is $0.50 Mil as of Nov. 2025. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. First Trust Senior Floating Rateome Fund II's selling, general, & admin. expense for the six months ended in Nov. 2025 was $0.28 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Nov. 2025 was $0.50 Mil.


First Trust Senior Floating Rateome Fund II  (NYSE:FCT) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


First Trust Senior Floating Rateome Fund II Selling, General, & Admin. Expense Related Terms


First Trust Senior Floating Rateome Fund II Selling, General, & Admin. Expense Historical Data

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The historical data trend for First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.80 0.62 0.59 0.68 0.52

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
Selling, General, & Admin. Expense 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 0.28 0.40 0.29 0.23 0.28

FCT vs GLO, ERC, CPZ: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense falls into.


FCT
24GF Score
First Trust Senior Floating Rate Income Fund II FCT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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First Trust Senior Floating Rateome Fund II Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.50 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $0.50 Mil mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Selling, General, & Admin. Expense of $0.50 Mil as of Nov. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense too high?
First Trust Senior Floating Rateome Fund II's current Selling, General, & Admin. Expense is $0.50 Mil. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense compare to GLO and ERC?
First Trust Senior Floating Rateome Fund II's Selling, General, & Admin. Expense of $0.50 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Selling, General, & Admin. Expense is $0.50 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 Selling, General, & Admin. Expense of $0.50 Mil. The current Selling, General, & Admin. Expense is $0.50 Mil. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Selling, General, & Admin. Expense is $0.50 Mil 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

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.
24GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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