FCT shares stopped trading on August 10. Investors should confirm receipt of Acquiring Fund shares and monitor the new ETF's trading dynamics. No further trading opportunity exists in FCT.
Price Chart
Executive Summary
First Trust Senior Floating Rate Income Fund II (FCT) filed a Form 25-NSE on August 10, 2026, after its reorganization into the First Trust Exchange-Traded Fund VIII became effective. The NYSE will remove FCT's common shares from listing and registration, effective at the opening on August 21, 2026, and trading was suspended on August 10. Shareholders will receive shares of the acquiring fund equal in NAV to their pre-reorganization FCT shares.
Key Facts
- Reorganization of FCT into First Trust Exchange-Traded Fund VIII became effective on August 10, 2026.
- NYSE will delist FCT common shares at the opening on August 21, 2026.
- Trading of FCT common shares was suspended on August 10, 2026.
- Shareholders to receive Acquiring Fund shares equal in aggregate NAV to their Target Fund holdings.
Financial Impact
No cash consideration; shareholders receive NAV-equivalent shares in Acquiring Fund. No dollar amounts disclosed.
Risk Factors
- Shareholders now hold a different fund structure (ETF vs. CEF) which may have different liquidity, expense ratios, and tax treatment.
- Potential tracking or NAV realization differences during the exchange process.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0000876661-26-000668 |
| Document: 0000876661-26-000668-index.html | 0000876661-26-000668 |
| Document: 0000876661-26-000668.txt | 0000876661-26-000668 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 11w ago | 25-NSE | $9.67 | awaiting T+20 | — | — |
Aug 10, 2026 11w ago | 8-K | $9.67 | awaiting T+20 | — | — |
Jun 25, 2026 17w ago | 8-K | $9.70 $9.63 | ▼ −0.72% | ▼ −1.98% | — |
Jun 16, 2026 19w ago | DEFA14A | $9.59 $9.61 | ▲ +0.21% | ▲ +0.01% | — |
Jun 9, 2026 19w ago | DEFA14A | $9.57 $9.60 | ▲ +0.31% | ▼ −3.31% | — |
Jun 9, 2026 19w ago | DEFA14A | $9.57 $9.60 | ▲ +0.31% | ▼ −3.31% | — |
May 29, 2026 21w ago | DEFA14A | $9.66 $9.61 | ▼ −0.52% | ▲ +1.28% | — |
May 14, 2026 23w ago | 8-K | $9.66 $9.60 | ▼ −0.64% | ▼ −2.76% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers