Is the First Trust Senior Floating Rate Income Fund II dividend safe?
At risk
First Trust Senior Floating Rate Income Fund II pays 12.0% a year, but that takes 495% of its free cash flow.
The numbers behind it
Dividend yield12.0%
Paid out of free cash flow495%
Paid out of profit163%
Debt in years of earnings3.6 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about First Trust Senior Floating Rate Income Fund II
Data as of Aug 11, 2026.