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The distribution rate is 11.03% based on the May 19, 2025 NAV of $10.55, and 11.76% based on the closing market price of $9.90. The Fund's primary objective is to provide a high level of current income, primarily through investments in senior secured floating-rate corporate loans.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Trust Senior Floating Rate Income Fund II published the original content used to generate this news brief via Business Wire  on May 20, 2025, and is solely responsible for the information contained 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