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 | -1.53% | -0.09% | -4.67% | -4.07% | -9.40% | -10.84% | +7.23% | -2.25% | +4.66% | +0.46% |
| Market-price total return | -1.53% | +0.63% | -2.65% | -0.01% | -3.58% | -3.22% | +16.19% | +6.03% | +12.66% | +9.49% |
| NAV return | -0.93% | +4.19% | +1.78% | +3.01% | +0.70% | +1.32% | +10.57% | +1.20% | +5.85% | +1.20% |
| NAV total return | -0.93% | +4.87% | +3.73% | +6.96% | +6.60% | +9.29% | +19.44% | +9.59% | +13.80% | +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 | 0.16% | 0.15% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.18% | 0.17% | as above |
| Volatility, 5 years | 0.20% | 0.19% | as above |
| Maximum drawdown, 3 years | -24.33% | -19.82% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.65 | 0.84 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.96 | 1.21 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.01 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.85 | — | 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 Eaton Vance Enhanced Equity Income Fund II. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.