Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -3.09% | -2.47% | -10.17% | -1.55% | +9.64% | +3.53% | +7.57% | -6.46% | +2.31% | -0.35% |
| Market-price total return | -2.27% | -1.64% | -7.97% | +3.23% | +17.95% | +15.52% | +19.41% | +3.69% | +12.98% | +10.01% |
| NAV return | -3.07% | -2.39% | -9.59% | -2.22% | +9.57% | +2.61% | +7.68% | -6.19% | +1.30% | -0.49% |
| NAV total return | -3.07% | -2.39% | -8.11% | +1.71% | +17.03% | +13.76% | +20.53% | +4.80% | +12.16% | +10.00% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.21% | 0.26% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.19% | 0.18% | as above |
| Volatility, 5 years | 0.21% | 0.18% | as above |
| Maximum drawdown, 3 years | -22.30% | -19.06% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.82 | 0.95 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.21 | 1.40 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.69 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.18 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Calamos Dynamic Convertible & Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.