First Trust Strategic High Income Fund II Declares its Monthly Common Share Distribution of $0.09 Per Share for December
21 Noviembre 2016 - 3:32PM
Business Wire
First Trust Strategic High Income Fund II (the “Fund”) (NYSE:
FHY) has declared the Fund’s regularly scheduled monthly common
share distribution in the amount of $0.09 per share payable on
December 12, 2016, to shareholders of record as of December 5,
2016. The ex-dividend date is expected to be December 1, 2016. The
monthly distribution information for the Fund appears below.
First Trust
Strategic High Income Fund II (FHY):
Distribution per share: $0.09
Distribution Rate based on the November 18, 2016 NAV of $13.69:
7.89% Distribution Rate based on the November 18, 2016 closing
market price of $11.77: 9.18%
A portion of this distribution may come from net investment
income, net short-term realized capital gains or return of capital.
The final determination of the source of tax status of all 2016
distributions will be made after the end of 2016 and will be
provided on Form 1099-DIV.
The Fund is a diversified, closed-end management investment
company that seeks to provide a high level of current income. As a
secondary objective, the Fund seeks to provide capital growth. The
Fund seeks to achieve its investment objectives by investing in a
diversified portfolio of below-investment grade and investment
grade debt securities, and equity securities that the investment
sub-advisor believes offer attractive yield and/or capital
appreciation potential. The Fund may invest up to 100% of its
managed assets in below-investment grade debt securities (commonly
referred to as "high-yield" or "junk" bonds).
First Trust Advisors L.P., the Fund's investment advisor, along
with its affiliate, First Trust Portfolios L.P., are privately-held
companies which provide a variety of investment services, including
asset management and financial advisory services, with collective
assets under management or supervision of approximately $95 billion
as of October 31, 2016 through unit investment trusts,
exchange-traded funds, closed-end funds, mutual funds and separate
managed accounts.
Brookfield Investment Management Inc. ("Brookfield") serves as
the Fund's investment sub-advisor. Brookfield is a wholly-owned
subsidiary of Brookfield Asset Management, a global alternative
asset manager with approximately $250 billion in assets under
management as of September 30, 2016. Brookfield Asset Management
has over a 100-year history of owning and operating assets with a
focus on property, renewable power, infrastructure and private
equity. Brookfield Asset Management’s public market activities are
conducted by Brookfield, a registered investment advisor, with
approximately $15 billion of assets under management as of
September 30, 2016.
Past performance is no assurance of future results. Investment
return and market value of an investment in the Fund will
fluctuate. Shares, when sold, may be worth more or less than their
original cost.
Principal Risk Factors: The debt securities in which the Fund
invests are subject to certain risks, including issuer risk,
reinvestment risk, prepayment risk, credit risk, and interest rate
risk. Issuer risk is the risk that the value of fixed-income
securities may decline for a number of reasons which directly
relate to the issuer. Reinvestment risk is the risk that income
from the Fund's portfolio will decline if the Fund invests the
proceeds from matured, traded or called bonds at market interest
rates that are below the Fund portfolio's current earnings rate.
Prepayment risk is the risk that, upon a prepayment, the actual
outstanding debt on which the Fund derives interest income will be
reduced. Credit risk is the risk that an issuer of a security will
be unable or unwilling to make dividend, interest and/or principal
payments when due and that the value of a security may decline as a
result. Interest rate risk is the risk that fixed-income securities
will decline in value because of changes in market interest rates.
Residential mortgage-backed securities may have less potential for
capital appreciation than comparable fixed-income securities due to
the likelihood of increased prepayments of mortgages as interest
rates decline.
The Fund invests in non-investment grade debt instruments,
commonly referred to as "high-yield securities". High yield
securities are subject to greater market fluctuations and risk of
loss than securities with higher ratings. Lower-quality debt tends
to be less liquid than higher-quality debt.
The Fund invests in securities of non-U.S. issuers which are
subject to higher volatility than securities of U.S. issuers. Risks
may be heightened for securities of companies located in, or with
significant operations in, emerging market countries. Because the
Fund invests in non-U.S. securities, you may lose money if the
local currency of a non-U.S. market depreciates against the U.S.
dollar.
Use of leverage can result in additional risk and cost, and can
magnify the effect of any losses.
The risks of investing in the Fund are spelled out in the
shareholder reports and other regulatory filings.
The Fund’s daily closing New York Stock Exchange price and net
asset value per share as well as other information can be found at
www.ftportfolios.com or by calling 1-800-988-5891.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161121006178/en/
First Trust Strategic High Income Fund IIPress Inquiries: Jane
Doyle, 630-765-8775Analyst Inquiries: Jeff Margolin,
630-915-6784Broker Inquiries: Jeff Margolin, 630-915-6784
First Trust Strategic High Income Fund II First Trust Strategic High Income Fund II of Beneficial Interest (NYSE:FHY)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
First Trust Strategic High Income Fund II First Trust Strategic High Income Fund II of Beneficial Interest (NYSE:FHY)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024