FCT β€” First Trust Senior Floating Rate Income Fd

Ownership history in Almitas Capital LLC  Β·  8 quarters on record

This page tracks every 13F SEC filing in which Almitas Capital LLC reported a position in First Trust Senior Floating Rate Income Fd (FCT). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.35% (2019 Q2)
πŸ“Š Avg. % of fund
0.63%
πŸ“… First filed
2018 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
8

Position Intelligence

Almitas Capital LLC Γ— FCT AI Analytics

πŸ“‰ Almitas Capital LLC underperformed the S&P 500 by –42.9% annually on this FCT position. Timing score: 71% (5/7 decisions correct). Average cost basis: $6.30. Maximum drawdown during holding period: –22.6%.

πŸ“ˆ Position Alpha vs SPY
-42.9%
annualised excess return

❌ Significantly underperformed the S&P 500 by 42.9% ann.
7 quarters analyzed

⏱️ Timing Score
71%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
5 of 7 add/trim decisions correct

πŸ’° Entry Quality
$6.30
+55.2% vs current ($9.78)

Best entry: $5.50 (2018 Q4)  Β·  Worst: $7.04 (2023 Q1)

πŸ›‘οΈ Drawdown Resilience
–22.6%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

4 adds Β· 4 trims. Bought during 0 of 1 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.2% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FCT price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 88,034 -157 -0.2% 0.20% $887K $9.78
2023 Q1 ADDED 88,191 +76,844 +677.2% 0.42% $878K $7.04
2020 Q1 REDUCED 11,347 -51,104 -81.8% 0.24% $108K $5.11
2019 Q4 REDUCED 62,451 -19,466 -23.8% 0.68% $779K $6.60
2019 Q3 REDUCED 81,917 -26,375 -24.4% 1.05% $983K $6.19
2019 Q2 ADDED 108,292 +22,213 +25.8% 1.35% $1.3M $6.10
2019 Q1 ADDED 86,079 +41,102 +91.4% 0.73% $1.0M $5.89
2018 Q4 INITIATED 44,977 β€” β€” 0.34% $504K $5.50

🏒 Other funds also holding FCT

As of 2025 Q4 β€” sorted by position size

Logan Stone Capital, LLC 3Y 0.4% Edgemoor Investment Advisors, Inc. 3Y 7Y 0.38% Verity Asset Management, Inc. 3Y 7Y 0.29% Genesis Financial Group, LLC 0.24% Everstar Asset Management, LLC 0.22% AEGON USA Investment Management, LLC 3Y 7Y 0.21% Virtus Investment Advisers, LLC 3Y 7Y 0.18% Yakira Capital Management, Inc. 3Y 7Y 0.17% Advisors Asset Management, Inc. 3Y 7Y 0.12% Penserra Capital Management LLC 3Y 7Y 0.09%
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