LoCorr Macro Strategies I (LFMIX)
| Fund Assets | 1.54B |
| Expense Ratio | 1.88% |
| Min. Investment | $100,000 |
| Turnover | 90.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 3.11% |
| Dividend Growth | 4.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 8.04 |
| YTD Return | 3.72% |
| 1-Year Return | 5.16% |
| 5-Year Return | 22.58% |
| 52-Week Low | 7.56 |
| 52-Week High | 8.09 |
| Beta (5Y) | n/a |
| Holdings | 3282 |
| Inception Date | Mar 24, 2011 |
About LFMIX
LoCorr Macro Strategies Fund is an institutional mutual fund designed to pursue capital appreciation in both rising and falling equity market environments, with a secondary focus on actively managing volatility. By blending managed futures strategies with shorter duration fixed income investments, the fund offers investors exposure to a multi-manager approach. It combines the expertise of several sub-advisers, each with long-standing track records, to execute a diversified, systematic trend-following methodology. This structure allows the fund to maintain low correlation with traditional asset classes while aiming to deliver downside protection and crisis alpha. The fund features robust risk management and utilizes machine learning frameworks that adapt to evolving market drivers. As of recent reporting, it holds a strong Morningstar rating within the Systematic Trend category and serves as an alternative investment option for those seeking diversified, non-directional returns within a broader portfolio context.
Performance
LFMIX had a total return of 5.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.65%.
Top 10 Holdings
135.70% of assets| Name | Symbol | Weight |
|---|---|---|
| 3 Month Euribor Future Dec26 | 2R12 | 34.88% |
| 3 Month SOFR Future Dec 26 | n/a | 28.06% |
| Euro Schatz Future Sept 25 | DUU5 | 16.15% |
| United States Treasury Notes 4.63% | T.4.625 04.30.29 | 9.77% |
| 3 Month SOFR Future Dec 27 | n/a | 8.93% |
| 5 Year Treasury Note Future Sept 25 | n/a | 8.72% |
| 10 Year Treasury Note Future Sept 25 | n/a | 8.09% |
| Euro FX Future Sept 25 | n/a | 7.65% |
| United States Treasury Notes 4.25% | T.4.25 02.28.29 | 7.00% |
| Three Month SONIA Index Future Dec 26 | n/a | 6.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.250 | Dec 10, 2024 |
| Dec 8, 2023 | $0.23895 | Dec 8, 2023 |
| Dec 8, 2022 | $1.19424 | Dec 8, 2022 |
| Dec 8, 2021 | $0.40978 | Dec 8, 2021 |
| Dec 8, 2020 | $0.50318 | Dec 8, 2020 |
| Dec 6, 2019 | $0.40535 | Dec 6, 2019 |