LoCorr Dynamic 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-1.89% 3 years+5.42%
3 months-3.33% 5 years--
1 year+2.13% Since inception+4.37%
Data through --

Peer Comparisonvs. Long-short equity

Performance 5-yr return--+6.23%
Expense ratio3.80%1.91%
Risk 5 year sharpe ratio--0.67
Net assets$59.0M$340.1M
Average market cap$3.6B$42.0B
Average P/E16.018.9
Portfolio turnover363%363%

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Fund Management and Purchase Info

Fund familyLoCorr Funds
Fund manager & tenureJon Essen / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


U.S. stock70.61%
International stock7.20%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GOGO Gogo Inc14.38%
CACC Credit Acceptance Corp10.94%
AAP Advance Auto Parts Inc6.72%
SIG Signet Jewelers Ltd5.97%
TEN Tenneco Inc5.26%
AER AerCap Holdings NV4.58%
LEA Lear Corp4.42%
NXST Nexstar Media Group Inc4.28%
SBGI Sinclair Broadcast Group Inc4.08%
IWM iShares Russell 2000 ETF3.25%