LoCorr Long/Short Commodity Strategies Fund ClassC (LCSCX)
| Fund Assets | 470.71M |
| Expense Ratio | 3.12% |
| Min. Investment | $2,500 |
| Turnover | 109.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 1.44% |
| Dividend Growth | 63.40% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 8.30 |
| YTD Return | 1.59% |
| 1-Year Return | -8.42% |
| 5-Year Return | 4.69% |
| 52-Week Low | 8.07 |
| 52-Week High | 9.19 |
| Beta (5Y) | n/a |
| Holdings | 175 |
| Inception Date | Dec 30, 2011 |
About LCSCX
LoCorr Long/Short Commodities Strategy Fund Class C is a mutual fund that pursues capital appreciation by investing in global commodity markets using a distinctive long/short approach. The fund employs a multi-manager strategy, allowing it to take both long and short positions across various commodities, which provides flexibility to seek returns in a broad range of market environments. Its core objective is to generate positive returns during both rising and falling commodity price cycles, with volatility management as a secondary aim. Approximately 25% of the fund’s assets are allocated to commodities strategies, while about 75% are invested in fixed income strategies, though these allocations may shift in response to market conditions. This combination is designed to offer low correlation to traditional asset classes such as equities and bonds, positioning the fund as a potential hedge against inflation and a diversification tool within a broader portfolio. The fund pays dividends annually and has a minimum investment requirement of $2,500. It is managed by LoCorr Fund Management, which oversees manager selection and portfolio allocation to pursue the fund’s objectives.
Performance
LCSCX had a total return of -8.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.37%.
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 | $0.120 | Dec 10, 2024 |
| Dec 8, 2023 | $0.07344 | Dec 8, 2023 |
| Dec 8, 2022 | $1.00161 | Dec 8, 2022 |
| Dec 8, 2021 | $0.67658 | Dec 8, 2021 |
| Dec 8, 2020 | $0.20184 | Dec 8, 2020 |
| Dec 6, 2019 | $0.00058 | Dec 6, 2019 |