LoCorr Dynamic Opportunity Fund Class A (LEQAX)
| Fund Assets | 29.11M |
| Expense Ratio | 2.40% |
| Min. Investment | $2,500 |
| Turnover | 755.00% |
| Dividend (ttm) | 2.22 |
| Dividend Yield | 19.12% |
| Dividend Growth | 2,232.77% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 11.59 |
| YTD Return | 0.18% |
| 1-Year Return | 2.02% |
| 5-Year Return | 16.11% |
| 52-Week Low | 10.01 |
| 52-Week High | 11.83 |
| Beta (5Y) | 0.45 |
| Holdings | 55 |
| Inception Date | May 10, 2013 |
About LEQAX
LoCorr Dynamic Opportunity Fund Class A is a mutual fund that primarily targets long-term capital appreciation while aiming to provide reduced volatility compared to traditional equity benchmarks. The fund is structured as a long/short equity strategy, taking both long and short positions in global equities, exchange-traded funds, and related derivatives. This approach allows it to seek returns in both rising and falling markets, offering potential diversification benefits for investor portfolios. Managed by a team of experienced, research-driven professionals, the fund leverages rigorous macro and bottom-up analysis to identify opportunities, dynamically adjusting its exposures based on prevailing market conditions. While it invests predominantly in U.S. companies, it maintains a flexible mandate to capture global equity trends. Positioned within the long-short equity category, the fund serves as a complement to traditional long-only strategies, seeking to mitigate downside risk and lower overall portfolio volatility. Its expense structure reflects the complexity of the strategy, and it is suitable for investors looking for an actively managed alternative to conventional equity funds, with an emphasis on risk-adjusted returns and capital preservation over the long term.
Performance
LEQAX had a total return of 2.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.23%.
Top 10 Holdings
78.18% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 30.67% |
| Elastic N.V. | ESTC | 5.93% |
| Unity Software Inc. | U | 5.89% |
| US DOLLARS | n/a | 5.85% |
| RH | RH | 5.80% |
| SentinelOne, Inc. | S | 4.83% |
| Wynn Resorts, Limited | WYNN | 4.82% |
| PENN Entertainment, Inc. | PENN | 4.81% |
| Verizon Communications Inc. | VZ | 4.81% |
| Healthcare Realty Trust Incorporated | HR | 4.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $2.21613 | Dec 31, 2025 |
| Dec 31, 2024 | $0.095 | Dec 31, 2024 |
| Dec 29, 2023 | $0.14777 | Dec 29, 2023 |
| Dec 30, 2022 | $0.15124 | Dec 30, 2022 |
| Dec 31, 2021 | $0.78095 | Dec 31, 2021 |
| Dec 31, 2019 | $0.03797 | Dec 31, 2019 |