First Trust Strategic High Fund II (First Trust Strategic High Fund II) Total Assets : $142.28 Mil (As of Oct. 2017)

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What is First Trust Strategic High Fund II Total Assets?

First Trust Strategic High Fund II's Total Assets for the quarter that ended in Oct. 2017 was $142.28 Mil.

Total Assets is connected with ROA %. First Trust Strategic High Fund II's annualized ROA % for the quarter that ended in Oct. 2017 was %. Total Assets is also linked to Revenue through Asset Turnover. First Trust Strategic High Fund II's Asset Turnover for the quarter that ended in Oct. 2017 was .

First Trust Strategic High Fund II Total Assets Historical Data

The historical data trend for First Trust Strategic High Fund II's Total Assets 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.

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First Trust Strategic High Fund II Total Assets Chart

First Trust Strategic High Fund II Annual Data

Trend

Oct17

Total Assets

142.28

First Trust Strategic High Fund II Semi-Annual Data
	Oct17
Total Assets	142.28

First Trust Strategic High Fund II Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Trust Strategic High Fund II's Total Assets for the fiscal year that ended in Oct. 2017 is calculated as

Total Assets	=	Total Equity (A: Oct. 2017 )	+	Total Liabilities (A: Oct. 2017 )
	=	102.467	+	39.812
	=	142.28

First Trust Strategic High Fund II's Total Assets for the quarter that ended in Oct. 2017 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2017 )	+	Total Liabilities (Q: Oct. 2017 )
	=	102.467	+	39.812
	=	142.28

First Trust Strategic High Fund II (NYSE:FHY) Total Assets Explanation

Total Assets is connected with ROA %.

First Trust Strategic High Fund II's annualized ROA % for the quarter that ended in Oct. 2017 is

ROA %	=	Net Income (Q: Oct. 2017 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: Oct. 2017 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Note: The Net Income data used here is one times the annual (Oct. 2017) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Trust Strategic High Fund II's Asset Turnover for the quarter that ended in Oct. 2017 is

	Asset Turnover
=	Revenue (Q: Oct. 2017 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: Oct. 2017 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Trust Strategic High Fund II Total Assets Related Terms

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First Trust Strategic High Fund II (First Trust Strategic High Fund II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Strategic High Inc Fund II (NYSE:FHY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ftportfolios.com

First Trust Strategic High Inc Fund II is a diversified, closed-end management investment company. The investment objective of the the fund is to seek a high level of current income. The fund seeks capital growth as a secondary objective.

Executives

Shane Shannon	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig	officer: Assistant Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade	officer: Assistant Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Mark Shipley	other: Officer-Investment Sub-Advisor	C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Dana Erikson	other: Portfolio Manager-Sub-Advisor	HYPERION BROOKFIELD ASSET MGMT., INC., 3 WFC, 200 VESEY STREET, 10TH FLOOR, NEW YORK NY 10281-1010
Anthony A. Breaks	other: Portfolio Manager-Sub-Advisor	C/O BROOKFIELD INVESTMENT MGMT. INC, BROOKFIELD, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Investment Management Inc.	other: Investment Sub-Advisor	BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Erin E Klassman	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Lynch Coleen D	officer: Assistant Vice President	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kathleen Wieland Brown	other: Officer-Investment Adviser	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Christopher R Fallow	officer: Assistant Vice President	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelley Christensen	officer: Vice President	C/O FIRST TRUST ADVISORS L.P., 1001 WARRENVILLE ROAD, SUITE 300, LISLE IL 60532
Joseph D Mcdermott	other: Officer-Investment Adviser	FIRST TRUST ADVISORS L.P., 1001 WARRENVILLE ROAD, SUITE 300, LISLE IL 60532
Robert F Keith	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

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