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First Trust/Highland Capital Floating Rate Income Fund II (FHM.UN)

Investment Objective
The investment objectives of the Trust are to provide Unitholders with cash distributions which will fluctuate with prevailing U.S. short-term interest rates; and an opportunity to benefit from any capital appreciation.

 
Fund Overview
Ticker FHM.UN
Fund Type Loan Participation
Fund Manager FT (NSI) Management Co
Fund Advisor First Trust Advisors L.P.
Sub-Advisor Highland Capital Management, L.P.
Cusip 33734F100
Fiscal Year-End 12/31
Exchange Toronto Stock Exchange
Inception 5/31/2005
Inception Price $10.00
Inception NAV $9.35

 
Current Fund Data (as of 9/7/2010)
Closing Share Price $4.25
Closing NAV (on 9/3/2010) $5.80
Closing Share Price (on 9/3/2010) $4.24
Discount 26.90%
Total Net Assets $25,393,262
Common Shares Outstanding 4,374,765
Daily Volume 2,497
Average 30-Day Daily Volume 5,086
Closing Share Price 52-Week High/Low $5.00 / $3.71
Closing NAV 52-Week High/Low $5.93 / $5.27
Share Price and NAV History  (Since Inception)
 
Past performance is not indicative of future results.
Recently Posted Downloads
Click here to Download - June 2010 NEWS RELEASE- Number of Units Redeemed FHM.UN.pdf
Click here to Download - Loan Market Commentary - December 2009
Click here to Download - First Trust/Highland Capital Floating Rate Senior Loan Trust amends declaration of trust and other changes
Click here to Download - FHM.UN 2009 Tax Information
Click here to Download - FHM.UN 2010 Interim Financial Statements
Click here to Download - FHM.UN 2010 Interim MRFP
Click here to Download - FHM.UN NAV Report for September 3, 2010
Click here to Download - FHM.UN NAV Report for August 31, 2010
Click here to Download - FHM.UN NAV Report for August 27, 2010
Click here to Download - FHM.UN NAV Report for August 20, 2010
Click here to Download - FHM.UN NAV Report for August 13, 2010
Click here to Download - FHM.UN NAV Report for Aug 6, 2010
Click here to Download - FHM.UN NAV Report for July 30, 2010
Click here to Download - FHM.UN NAV Report for July 23, 2010
Click here to Download - FHM.UN NAV Report for July 16, 2010
Click here to Download - FHM.UN NAV Report for July 9, 2010
Click here to Download - FHM.UN NAV Report for July 2, 2010
Click here to Download - FHM.UN NAV Report for June 30, 2010
Click here to Download - FHM.UN NAV Report for June 25, 2010
Click here to Download - FHM.UN NAV Report for June 18, 2010
Click here to Download - FHM.UN NAV Report for June 11, 2010
Click here to Download - FHM.UN NAV Report for June 4, 2010
Click here to Download - FHM.UN Annual Financial Statements - 2009
Click here to Download - FHM.UN Annual Management Report of Fund Performance - 2009
Click here to Download - First Trust II 2009 Proxy Voting Results
Click here to Download - FT Highland Capital Floating Rate II Proxy Voting Results - 2010
Click here to Download - FHM.UN Annual Information Form - 2010
Click here to Download - IRC - 2009 Annual Report to Unitholders
Click here to Download - Fund Prospectus for FHM.UN
•  Click here to view all the downloads for this fund.
Top Holdings (as of 6/30/2010)
Holding Percent (%)
Euramax International Inc 8.27
Lifecare Holding 7.37
Fontainebleu Florida Hotel LLC 7.23
Nuveen Investments Inc 4.31
TPC Group LLC 3.88
Remy International Inc 3.84
VML US Finance LLC 3.35
Coleto Creek Power LP 3.18
AGFS Funding Company 3.02
Big West Oil LLC 2.49
Top Sectors (as of 6/30/2010)
Sector Percent (%)
Healthcare, Education and Childcare 11.79
Hotels, Motels, Inns, and Gaming 10.58
Diversified Natural Resources, Precious Metals and Minerals 8.27
Chemicals, Plastics and Rubber 7.95
Finance 7.33
Electronic 7.03
Personal Transportation 5.80
Telecommunications-Wireless 5.19
Retail Stores 5.17
Utilities 4.71
 
First Defined Portfolio Management Co.
330 Bay Street, Suite 1300 Toronto, ON M5H 2S8 1-877-622-5552
Copyright ©2010 First Defined Portfolio Management Co. All Rights Reserved.  Important Legal Information | Terms of Use
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please carefully read the simplified prospectus of the fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.