First Trust Strategic High Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc. The fund invests in the fixed income markets of the United States. It invests in both below-investment grade and investment grade debt securities. The fund employs fundamental analysis with a bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital Ba U.S. High Yield Index. First Trust Strategic High Income Fund II was formed on January 18, 2006 and is domiciled in the United States.

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