---
schema_version: "secwatch.filing_event.v1"
accession: "0001445546-26-003631"
form_type: "8-K"
ticker: "FCT"
cik: "0001282850"
company_name: "FIRST TRUST SENIOR FLOATING RATE INCOME FUND II"
filed_at: "2026-05-14T20:21:27+00:00"
generated_at: "2026-05-14T20:22:17.022233+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "low"
source: SEC EDGAR
---

# FCT reorganization update to be released by portfolio manager on May 18

## Summary
- Update on proposed reorganization of First Trust Senior Floating Rate Income Fund II (FCT) into First Trust Flexible Income ETF (FFLX) will be available May 18–June 17, 2026.
- Press release issued May 14, 2026 by First Trust Advisors L.P.; no specific terms or vote details provided.
- Reorganization would convert closed-end fund FCT into newly formed ETF FFLX; update targets financial professionals and investors.
- No financial impact or shareholder action announced in this filing.

## SEC filing metadata
- accession: 0001445546-26-003631
- form_type: 8-K
- ticker: FCT
- cik: 0001282850
- company_name: FIRST TRUST SENIOR FLOATING RATE INCOME FUND II
- filed_at: 2026-05-14T20:21:27+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: low
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282850/000144554626003631/0001445546-26-003631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282850/000144554626003631/fct_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001445546-26-003631
- JSON: https://secwatch.observer/filing/0001445546-26-003631.json
- Plain text: https://secwatch.observer/filing/0001445546-26-003631.txt

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