---
schema_version: "secwatch.filing_event.v1"
accession: "0001445546-21-005432"
form_type: "8-K"
ticker: "FCT"
cik: "0001282850"
company_name: "FIRST TRUST SENIOR FLOATING RATE INCOME FUND II"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:38:33.741310+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FIV early liquidation Dec 15; NAV $9.75, below $9.85 target; management fee waived from Sept 1

## Summary
- FIV to liquidate Dec 15, 2021; shares cease trading on NYSE around Dec 9, 2021.
- FIV NAV Oct 28: $9.75, below $9.85 objective; COVID-19 cited as reason.
- FTA waives management fee for FIV from Sept 1, 2021 through termination date.
- Portfolio manager update call for FCT, FIV, FTHY available Nov 3–Dec 3, 2021.
- FIV eliminated leverage line as of Sept 30; portfolio shifting to cash and short-term instruments.

## SEC filing metadata
- accession: 0001445546-21-005432
- form_type: 8-K
- ticker: FCT
- cik: 0001282850
- company_name: FIRST TRUST SENIOR FLOATING RATE INCOME FUND II
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282850/000144554621005432/0001445546-21-005432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282850/000144554621005432/fct_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001445546-21-005432
- JSON: https://secwatch.observer/filing/0001445546-21-005432.json
- Plain text: https://secwatch.observer/filing/0001445546-21-005432.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.