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 | -0.43% | -6.25% | -8.70% | -5.03% | +1.31% | -0.78% | +9.33% | -8.12% | -5.02% | -7.19% |
| Market-price total return | +0.41% | -5.46% | -6.50% | -0.48% | +9.74% | +9.34% | +17.66% | -2.77% | -0.95% | -3.82% |
| NAV return | -2.10% | -3.20% | -9.09% | -5.75% | +0.65% | -0.64% | +7.28% | -7.48% | -4.14% | -5.56% |
| NAV total return | -1.33% | -2.45% | -7.04% | -1.62% | +8.28% | +8.56% | +14.71% | -2.61% | -0.31% | -2.32% |
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% | 0.17% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.19% | 0.14% | as above |
| Volatility, 5 years | 0.22% | 0.16% | as above |
| Maximum drawdown, 3 years | -19.63% | -17.36% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.73 | 0.70 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.05 | 0.98 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.09 | — | AGG (U.S. aggregate bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.29 | — | 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 Virtus Convertible & 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.