First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on May 15, 2020, to shareholders of record as of May 4, 2020. The ex-dividend date is expected to be May 1, 2020. The monthly distribution information for the Fund appears below.

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has increased its regularly scheduled monthly common share distribution to $0.105 per share from $0.0825 per share. The distribution will be payable on June 15, 2020, to shareholders of record as of June 2, 2020. The ex-dividend date is expected to be June 1, 2020. The monthly distribution information for the Fund appears below.

First Trust Advisors L.P. ("FTA") announced today that the Board of Trustees of First Trust Senior Floating Rate Income Fund II (NYSE: FCT) (the "Fund") has authorized a share repurchase program. Pursuant to the share repurchase program, the Fund may, from time to time repurchase up to 5% of the Fund’s common shares (1,334,849 common shares) in secondary market transactions in accordance with applicable law. The Fund’s share repurchase program will continue until the earlier of (i) the repurchase of 5% of the Fund’s common shares (1,334,849 common shares) or (ii) March 15, 2021.

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.0825 per share payable on April 15, 2020, to shareholders of record as of April 2, 2020. The ex-dividend date is expected to be April 1, 2020. The monthly distribution information for the Fund appears below.