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 | +0.92% | -9.08% | -17.72% | -12.98% | -15.46% | -13.37% | +0.88% | -9.01% | -4.03% | -2.62% |
| Market-price total return | +2.38% | -7.76% | -15.45% | -8.93% | -9.35% | -5.35% | +8.50% | -2.98% | +1.77% | +3.77% |
| NAV return | +2.04% | -5.66% | -10.51% | -10.51% | -11.31% | -12.47% | -3.45% | -7.86% | -4.46% | -2.87% |
| NAV total return | +2.04% | -5.66% | -9.36% | -7.66% | -6.18% | -5.69% | +3.00% | -2.41% | +0.79% | +3.11% |
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% | 0.10% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.13% | 0.09% | as above |
| Volatility, 5 years | 0.14% | 0.09% | as above |
| Maximum drawdown, 3 years | -20.22% | -13.27% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.37 | -0.05 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.54 | -0.07 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.73 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.55 | — | 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 Invesco Advantage Municipal Income Trust II. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.