{"schema_version":"secwatch.filing_event.v1","accession":"0001445546-25-008129","form_type":"8-K","ticker":"FCT","cik":"0001282850","company_name":"FIRST TRUST SENIOR FLOATING RATE INCOME FUND II","filed_at":"2025-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.026074+00:00","generated_at":"2026-05-16T13:45:45.219253+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FCT board approves reorganization into First Trust Flexible Income ETF","bullets":["Board of FCT approved tax-free reorganization into newly created actively managed ETF.","Shareholders will receive ETF shares equal to their FCT NAV; consummation expected in 2026.","Reorganization subject to shareholder approval, regulatory requirements, and closing conditions.","FTA manages both funds and reported ~$304 billion AUM as of October 31, 2025.","Detailed proxy statement/prospectus to be filed with SEC in coming weeks."],"urls":{"canonical":"https://secwatch.observer/filing/0001445546-25-008129","json":"https://secwatch.observer/filing/0001445546-25-008129.json","markdown":"https://secwatch.observer/filing/0001445546-25-008129.md","text":"https://secwatch.observer/filing/0001445546-25-008129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282850/000144554625008129/0001445546-25-008129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282850/000144554625008129/fct_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:45:45.219253+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}