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 | -3.51% | -5.48% | -15.07% | -3.43% | +2.12% | +0.17% | +0.97% | -6.31% | +0.60% | -1.91% |
| Market-price total return | -2.67% | -4.66% | -13.00% | +1.20% | +9.77% | +11.50% | +11.97% | +3.70% | +10.90% | +7.99% |
| NAV return | -2.60% | -2.36% | -8.68% | -2.36% | +7.24% | +1.61% | +6.84% | -5.63% | +0.53% | -0.76% |
| NAV total return | -2.60% | -2.36% | -7.23% | +1.43% | +14.25% | +12.12% | +18.75% | +4.79% | +10.89% | +9.09% |
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 | 0.19% | 0.20% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.17% | 0.15% | as above |
| Volatility, 5 years | 0.20% | 0.15% | as above |
| Maximum drawdown, 3 years | -24.33% | -15.86% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.50 | 0.94 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.72 | 1.34 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.79 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.24 | — | 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 Convertible & High 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.