LoCorr Long/Short Commodity Strategies Fund Class A (LCSAX)
| Fund Assets | 470.71M |
| Expense Ratio | 2.37% |
| Min. Investment | $2,500 |
| Turnover | 109.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.82% |
| Dividend Growth | 6.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 8.85 |
| YTD Return | 2.55% |
| 1-Year Return | -7.13% |
| 5-Year Return | 9.45% |
| 52-Week Low | 8.53 |
| 52-Week High | 9.72 |
| Beta (5Y) | 0.07 |
| Holdings | 175 |
| Inception Date | Dec 30, 2011 |
About LCSAX
LoCorr Long/Short Commodity Strategies Fund Class A is an alternative mutual fund that seeks to deliver capital appreciation throughout varying commodity market cycles, placing a secondary emphasis on managing volatility. This fund utilizes a multi-manager approach, providing the ability to take both long and short positions across a diverse range of global commodity markets. The fund is distinctive for its low correlation to traditional equity and bond markets, making it a potential diversification tool and a hedge against inflation within broader investment portfolios. LoCorr Fund Management oversees the selection and allocation to various sub-advisers, each bringing complementary expertise in commodity trading, including both systematic and discretionary strategies. The fund invests in a combination of commodities-related strategies and fixed income securities, with typical allocations of approximately 25% to commodities and 75% to fixed income, though these weights can shift with market conditions. It emphasizes the use of derivatives and relative value trades, often across 20 or more markets, and may also invest in natural resource equities. Established in 2011, the fund is managed by a seasoned team and features a relatively high expense ratio, reflecting its alternative and actively managed nature. Its role in the market is to provide exposure to commodity price trends while seeking to buffer traditional portfolio risks through active management and diversification.
Performance
LCSAX had a total return of -7.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.22%.
Top 10 Holdings
49.73% of assets| Name | Symbol | Weight |
|---|---|---|
| GALAXY COMMODITY POLARIS FUND | n/a | 14.97% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.625 04.30.29 | 7.81% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.25 02.28.29 | 6.19% |
| US TREASURY N/B - United States Treasury Note/Bond | T.1.375 10.31.28 | 4.81% |
| LCLSCSDB FUND LIMITED | n/a | 4.63% |
| US TREASURY N/B - United States Treasury Note/Bond | n/a | 3.13% |
| FANNIE MAE - Federal National Mortgage Association | n/a | 2.60% |
| US BANK MMDA - USBGFS 9 | n/a | 2.59% |
| US TREASURY N/B - United States Treasury Note/Bond | n/a | 1.56% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.25 06.30.29 | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.170 | Dec 10, 2024 |
| Dec 8, 2023 | $0.15924 | Dec 8, 2023 |
| Dec 8, 2022 | $1.0909 | Dec 8, 2022 |
| Dec 8, 2021 | $0.74077 | Dec 8, 2021 |
| Dec 8, 2020 | $0.26081 | Dec 8, 2020 |
| Dec 6, 2019 | $0.02198 | Dec 6, 2019 |