First Trust Senior Floating Rate Income Fund II Appoints Denise M. Keefe as Class II Trustee, Member of the Audit Committee, the Valuation Committee and the Nominating and Governance Committee, Effective November 1, 2021
October 21, 2021 at 04:23 pm EDT
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First Trust Advisors L.P. (?FTA?) announced the appointment of Denise M. Keefe as a Class II Trustee of First Trust Senior Floating Rate Income Fund II, effective November 1, 2021. Ms. Keefe is Executive Vice President of Advocate Aurora Health and President of Advocate Aurora Continuing Health Division (together, ?Advocate?). Ms. Keefe has also been appointed as a member of the Audit Committee, the Valuation Committee and the Nominating and Governance Committee for First Trust Senior Floating Rate Income Fund II.
First Trust Senior Floating Rate Income Fund II (the Fund) is a diversified, closed-end management investment company. The primary investment objective of the Fund is to seek a high level of current income. As a secondary objective, the Fund attempts to preserve capital. The Fund pursues its investment objectives by investing primarily in a portfolio of senior secured floating-rate corporate loans (Senior Loans). Under normal market conditions, at least 80% of the Fundâs managed assets are generally invested in a diversified portfolio of Senior Loans. It is anticipated that at least 80% of the Fundâs managed assets are invested in lower grade debt instruments, although from time to time all of the Fundâs managed assets may be invested in such lower grade debt instruments. The Fund invests in a range of sectors, including software; insurance; media; health care technology; hotels, restaurants and leisure, and others. The Fundâs investment advisor is First Trust Advisors L.P.
First Trust Senior Floating Rate Income Fund II Appoints Denise M. Keefe as Class II Trustee, Member of the Audit Committee, the Valuation Committee and the Nominating and Governance Committee, Effective November 1, 2021