LoCorr Long/Short Equity Fund Class A (LEQAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Long/short equity
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation with reduced volatility compared to traditional broad-based equity market indices as a secondary objective. Under normal market conditions, the fund invests at least 80% of its assets, defined as net assets plus the amount of any borrowings for investment purposes, in long or short positions in equity securities of domestic and foreign companies. It invests in securities of issuers without restriction as to capitalization or country, including emerging markets. The fund invests in convertible debt securities of any maturity or credit quality, including those known as "junk bonds." It is non-diversified.


1 month-2.04% 3 years--
3 months-5.71% 5 years--
1 year-0.49% Since inception+2.99%
Data through --

Peer Comparisonvs. Long/short equity

Performance 5-yr return--+9.35%
Expense ratio5.09%1.90%
Risk 5 year sharpe ratio--0.84
Net assets$52.7M$499.7M
Average market cap$1.3B$37.6B
Average P/E18.118.6
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyLoCorr Funds
Fund manager & tenureJon Essen / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


U.S. stock78.36%
International stock7.29%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
WFC Wells Fargo & Co4.33%
NVMI Nova Measuring Instruments Ltd3.00%
AMKR Amkor Technology Inc2.77%
GLOG GasLog Ltd2.77%
DRII Diamond Resorts International Inc2.72%
BEN Franklin Resources Inc2.54%
SMCI Super Micro Computer Inc2.52%
TREC Trecora Resources2.49%
CJES C&J Energy Services Inc2.45%
ENTA Enanta Pharmaceuticals Inc2.44%

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