LoCorr Dynamic Equity Fund Class A (LEQAX)

11.27
Net Asset Value
+0.27%
1 Day
-4.65%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
5.75
Sales Expenses
3.80%
Expense Ratio
High
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.

Performance

1 month-2.17% 3 years+4.59%
3 months-3.26% 5 years+3.76%
1 year+0.19% Since inception+4.00%
Data through --

Peer Comparisonvs. Long-short equity

 LEQAXCategory
Performance 5-yr return+3.76%+4.49%
Expense ratio3.80%1.88%
Risk 5 year sharpe ratio--0.53
Net assets$54.2M$337.5M
Average market cap$3.8B$41.2B
Average P/E10.318.4
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--

Holdings

U.S. stock64.41%
Cash21.63%
International stock13.95%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GOGO Gogo Inc11.90%
CACC Credit Acceptance Corp9.93%
AAP Advance Auto Parts Inc7.75%
LEA Lear Corp7.18%
-- 6.74%
SYNH Syneos Health Inc5.19%
AER AerCap Holdings NV4.78%
NXST Nexstar Media Group Inc3.94%
SBGI Sinclair Broadcast Group Inc3.65%
ZAYO Zayo Group Holdings Inc2.68%