Compare · AGM vs FCT
AGM vs FCT
Side-by-side comparison of Federal Agricultural Mortgage Corporation (AGM) and First Trust Senior Floating Rate Income Fund II (FCT): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both AGM and FCT operate in Finance Companies (Finance), so they compete in similar markets.
- AGM is the larger of the two at $2.38B, about 7.6x FCT ($311.7M).
- AGM has been more active in the news (6 items in the past 4 weeks vs 5 for FCT).
- AGM has more recent analyst coverage (6 ratings vs 0 for FCT).
Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.
First Trust Senior Floating Rate Income Fund II
First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. It was formerly known as First Trust/Four Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.
Latest AGM
- Director Wilcher Lajuana S gifted 225 units of Class C Non-Voting Common Stock, decreasing direct ownership by 6% to 3,342 units (SEC Form 4)
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
- Farmer Mac Names Nader Pasdar as Executive Vice President - Chief Business Officer
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
- EVP - Chief Risk Officer Brinch Brian M returned $113,269 worth of Class C Non-Voting Common Stock to the company (476 units at $237.96), exercised 939 units of Class C Non-Voting Common Stock at a strike of $120.38 and covered exercise/tax liability with 225 units of Class C Non-Voting Common Stock, increasing direct ownership by 2% to 10,334 units (SEC Form 4) to satisfy tax liability
- SEC Form 10-Q filed by Federal Agricultural Mortgage Corporation
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
- Farmer Mac Reports Second Quarter 2026 Results
- Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
Latest FCT
- SEC Form N-CEN filed by First Trust Senior Floating Rate Income Fund II
- SEC Form 25-NSE filed by First Trust Senior Floating Rate Income Fund II
- First Trust Senior Floating Rate Income Fund II filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- First Trust Announces Completion of First Trust Senior Floating Rate Income Fund II Reorganization into First Trust Flexible Income ETF
- SEC Form N-CSR filed by First Trust Senior Floating Rate Income Fund II
- SEC Form N-PX filed by First Trust Senior Floating Rate Income Fund II
- First Trust Senior Floating Rate Income Fund II filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of First Trust Senior Floating Rate Income Fund II with and into First Trust Flexible Income ETF
- First Trust Senior Floating Rate Income Fund II Decreases its Monthly Common Share Distribution to $0.0813 Per Share for July
- SEC Form DEFA14A filed by First Trust Senior Floating Rate Income Fund II