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FCT Crosses Below Key Moving Average Level

By Dividend Channel Staff, Tuesday, September 21, 4:22 PM ET

In trading on Tuesday, shares of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) crossed below their 200 day moving average of $12.18, changing hands as low as $12.02 per share. First Trust Senior Floating Rate Income Fund II shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of FCT shares, versus its 200 day moving average:

First Trust Senior Floating Rate Income Fund II 200 Day Moving Average Chart

Looking at the chart above, FCT's low point in its 52 week range is $10.42 per share, with $12.84 as the 52 week high point — that compares with a last trade of $12.02.


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