First Trust/Four Corners Senior Floating Rate Income Fund is a closed-ended fixed income mutual fund launched by First Trust Portfolios L.P. It is co-managed by First Trust Advisors L.P and Four Corners Capital Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in senior secured floating rate corporate loans rates below-investment grade by Moody's and/or S&P or of comparable credit quality. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. The fund was formerly known as the Four Corners Claymore Corporate High Income Portfolio. First Trust/Four Corners Senior Floating Rate Income Fund was formed on May 13, 2003 and is domiciled in the United States.