LoCorr Dynamic Opportunity I (LEQIX)
| Fund Assets | 39.56M |
| Expense Ratio | 2.15% |
| Min. Investment | $100,000 |
| Turnover | 755.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.16% |
| Dividend Growth | -10.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 13.60 |
| YTD Return | 4.86% |
| 1-Year Return | 11.11% |
| 5-Year Return | 44.57% |
| 52-Week Low | 11.55 |
| 52-Week High | 13.65 |
| Beta (5Y) | n/a |
| Holdings | 57 |
| Inception Date | May 10, 2013 |
About LEQIX
LoCorr Dynamic Opportunity Fund Class I is a mutual fund designed to achieve long-term capital appreciation while aiming for reduced volatility relative to traditional broad-based equity market indices. Managed with an active approach, the fund invests primarily in a diversified portfolio of U.S. companies and utilizes both fundamental and quantitative analysis techniques to select securities. Its strategy incorporates a bottom-up stock-picking methodology, allowing for investments across various sectors and maturities as market opportunities arise. By targeting uncorrelated or less-correlated return streams, this fund seeks to mitigate market risk and provide a smoother performance profile compared to typical equity investments. The fund is structured to appeal to sophisticated investors seeking portfolio diversification and risk management, requiring a relatively high minimum investment and featuring a net expense ratio reflecting its active strategy. LoCorr Dynamic Opportunity Fund Class I plays a distinctive role in the market by offering investors access to an alternative approach to equity exposure, emphasizing risk-adjusted returns and capital preservation alongside growth.
Performance
LEQIX had a total return of 11.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.22%.
Top 10 Holdings
56.23% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 24.79% |
| Abercrombie & Fitch Co. | ANF | 3.95% |
| Wynn Resorts, Limited | WYNN | 3.95% |
| Evercore Inc. | EVR | 3.86% |
| PENN Entertainment, Inc. | PENN | 3.86% |
| Jefferies Financial Group Inc. | JEF | 3.60% |
| Healthcare Realty Trust Incorporated | HR | 3.14% |
| Rocket Companies, Inc. | RKT | 3.07% |
| Williams-Sonoma, Inc. | WSM | 3.05% |
| Builders FirstSource, Inc. | BLDR | 2.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.15779 | Dec 31, 2024 |
| Dec 29, 2023 | $0.1766 | 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 |
| Dec 31, 2018 | $0.38857 | Dec 31, 2018 |