FCT (First Trust Senior Floating Rateome Fund II) Total Assets: $328.10 Mil (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 Total Assets?

First Trust Senior Floating Rateome Fund II FCT 24 Total Assets is $328.10 Mil as of Nov. 2025. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

First Trust Senior Floating Rateome Fund II's Total Assets for the quarter that ended in Nov. 2025 was $328.10 Mil.

During the past 12 months, First Trust Senior Floating Rateome Fund II's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was -6.20% per year. During the past 5 years, the average Total Assets Growth Rate was -7.30% per year.

During the past 8 years, First Trust Senior Floating Rateome Fund II's highest 3-Year average Total Assets Growth Rate was -5.00%. The lowest was -10.80%. And the median was -8.60%.

Total Assets is connected with ROA %. First Trust Senior Floating Rateome Fund II's annualized ROA % for the quarter that ended in Nov. 2025 was 5.45%. Total Assets is also linked to Revenue through Asset Turnover. First Trust Senior Floating Rateome Fund II's Asset Turnover for the quarter that ended in Nov. 2025 was 0.03.

First Trust Senior Floating Rateome Fund II  (NYSE:FCT) Total Assets Explanation

Total Assets is connected with ROA %.

First Trust Senior Floating Rateome Fund II's annualized ROA % for the quarter that ended in Nov. 2025 is

ROA %=Net Income (Q: Nov. 2025 )/( (Total Assets (Q: May. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=18.636/( (356.325+328.096)/ 2 )
=18.636/342.2105
=5.45 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2025) 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 Senior Floating Rateome Fund II's Asset Turnover for the quarter that ended in Nov. 2025 is

Asset Turnover
=Revenue (Q: Nov. 2025 )/( (Total Assets (Q: May. 2025 )+Total Assets (Q: Nov. 2025 ))/ count )
=9.605/( (356.325+328.096)/ 2 )
=9.605/342.2105
=0.03

* 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.

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 Senior Floating Rateome Fund II Total Assets Related Terms

First Trust Senior Floating Rateome Fund II Total Assets Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome 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.

First Trust Senior Floating Rateome Fund II Total Assets Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Total Assets
Get a 7-Day Free Trial 482.82 431.49 355.34 344.54 356.33

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
Total Assets 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 366.64 344.54 342.79 356.33 328.10
FCT
24GF Score
First Trust Senior Floating Rate Income Fund II FCT
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First Trust Senior Floating Rateome 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 Senior Floating Rateome Fund II's Total Assets for the fiscal year that ended in May. 2025 is calculated as

Total Assets=Total Equity (A: May. 2025 )+Total Liabilities (A: May. 2025 )
=274.872+81.453
=356.33

First Trust Senior Floating Rateome Fund II's Total Assets for the quarter that ended in Nov. 2025 is calculated as

Total Assets=Total Equity (Q: Nov. 2025 )+Total Liabilities (Q: Nov. 2025 )
=269.068+59.028
=328.10

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $328.10 Mil mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Total Assets of $328.10 Mil as of Nov. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Total Assets too high?
First Trust Senior Floating Rateome Fund II's current Total Assets is $328.10 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 Total Assets compare to GLO and ERC?
First Trust Senior Floating Rateome Fund II's Total Assets of $328.10 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 Total Assets for an Asset Management company?
A good Total Assets depends on the Asset Management industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Total Assets is $328.10 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 Total Assets of $328.10 Mil. The current Total Assets is $328.10 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Total Assets is $328.10 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.
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