{"schema_version":"secwatch.filing_event.v1","accession":"0001445546-23-004059","form_type":"8-K","ticker":"FCT","cik":"0001282850","company_name":"FIRST TRUST SENIOR FLOATING RATE INCOME FUND II","filed_at":"2023-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.260726+00:00","generated_at":"2026-06-13T17:42:19.627217+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"First Trust closed-end funds rescind control share by-law across 14 funds","bullets":["Board rescinded control share provisions in by-laws of 14 First Trust closed-end funds effective June 22, 2023.","Control Share By-Law previously required non-interested shareholder approval for voting rights on control-share acquisitions.","Rescission removes voting-rights limitations on all prior and future share purchases immediately.","Amended and Restated By-Laws adopted; full text filed as Exhibit 3.1 to Form 8-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001445546-23-004059","json":"https://secwatch.observer/filing/0001445546-23-004059.json","markdown":"https://secwatch.observer/filing/0001445546-23-004059.md","text":"https://secwatch.observer/filing/0001445546-23-004059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282850/000144554623004059/0001445546-23-004059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282850/000144554623004059/fct_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:42:19.627217+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c2aa23973ebdf8e5d6dc7c38e6ba9016655cd7df","claim":"FIRST TRUST SENIOR FLOATING RATE INCOME FUND II: Amended and restated by-laws to rescind control share provisions (Article XII) and make conforming changes (effective 2023-06-22).","evidence_excerpt":"On June 22, 2023, the Board of Trustees of First Trust Senior Floating Rate Income Fund II amended and restated its existing Amended and Restated By-Laws (and as so amended and restated, the “By-Laws”), effective immediately. The By-Laws were revised to rescind Article XII and its accompanying control share provisions, along with other conforming amendments.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1282850/000144554623004059/0001445546-23-004059-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-06-22"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}