First Trust Senior Floating Rat (FCT) — Cost to Borrow & Stock Loan Fee
Latest borrow fee for FCT: 5.68% per year (as of Jul 10, 2026 4:18 PM ET) . Shortable shares available: 0.
Over the last window (Jun 15, 2026 – Jul 10, 2026) , borrow fees ranged from 0.29% to 5.68%, averaging 0.59% across 1,217 samples.
Frequently asked questions
What is the cost to borrow FCT?
The latest borrow fee for FCT is 5.68% per year, sourced from IBKR.
Why does borrow fee change?
Borrow fees rise when fewer shares are available to lend and fall when supply grows. Low-float, high-interest names often show sharp intraday fee spikes.
How often is CTB updated?
finshort polls IBKR throughout each trading session. Borrow fees and shortable share counts are refreshed every few minutes during market hours.