First Trust Senior Floating Rate Income Fund II reorganizes into First Trust Flexible Income ETF FFLX
FCT•ETF investment focus and distribution
FFLX is an actively managed ETF focused on maximizing current income through a diversified fixed-income portfolio.
FFLX expects to declare and pay a distribution in August 2026.
Reorganization completed before market open
First Trust Senior Floating Rate Income Fund II completed its reorganization into First Trust Flexible Income ETF (FFLX) before the NYSE open on Aug. 10, 2026.
FFLX assumed FCT’s assets and liabilities; FCT shareholders received FFLX shares equal in value to their FCT net asset value.
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