| First Trust/Four Corners Senior Floating Rate Income Fund II operates as a diversified and closed-end management investment company. The fund invests in a portfolio of senior secured floating rate corporate loans. Its investment portfolio includes investments in consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecommunication services, and utilities sectors. It also invests in lower grade debt instruments. First Trust Advisors L.P. serves as the investment adviser of the fund. The fund was founded in 2004 and is based in Wheaton, Illinois. |