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FT Sr Flt Rt Incm Fd II

First Trust Advisors L.P. (“FTA”) announced today that the reorganization of First Trust Senior Floating Rate Income Fund II (NYSE: FCT) into First Trust Flexible Income ETF (NYSE: FFLX) was completed prior to the open of the NYSE on August 10, 2026.

As previously announced, the shareholders of FCT approved FCT’s reorganization into FFLX at a Special Meeting of Shareholders on June 25, 2026. The reorganization was approved by the Board of Trustees of each of FCT and FFLX on December 7-8, 2025.

In the reorganization, the assets of FCT were transferred to, and the liabilities of FCT were assumed by, FFLX. The shareholders of FCT received shares of FFLX with a value equal to the aggregate net asset value of the shares of FCT held by them.

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