LoCorr Macro Strategies I (LFMIX)
| Fund Assets | 1.51B |
| Expense Ratio | 1.88% |
| Min. Investment | $100,000 |
| Turnover | 90.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 3.17% |
| Dividend Growth | 4.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 7.92 |
| YTD Return | 1.15% |
| 1-Year Return | 0.91% |
| 5-Year Return | 17.17% |
| 52-Week Low | 7.56 |
| 52-Week High | 8.08 |
| Beta (5Y) | n/a |
| Holdings | 476 |
| 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 0.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.49%.
Top 10 Holdings
40.14% of assets| Name | Symbol | Weight |
|---|---|---|
| US TREASURY N/B - United States Treasury Note/Bond | T.4.625 04.30.29 | 8.90% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.25 02.28.29 | 6.37% |
| US TREASURY N/B - United States Treasury Note/Bond | T.3.25 06.30.29 | 5.78% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4 02.28.30 | 5.55% |
| US TREASURY N/B - United States Treasury Note/Bond | T.4.125 02.15.27 | 3.81% |
| US BANK MMDA - USBGFS 9 | n/a | 3.60% |
| FANNIE MAE - Federal National Mortgage Association | FNMA.0.75 10.08.27 | 2.10% |
| FANNIE MAE - Federal National Mortgage Association | FNMA.1.875 09.24.26 | 1.70% |
| US TREASURY N/B - United States Treasury Note/Bond | T.1.375 10.31.28 | 1.32% |
| Mars Inc | MARS.4.6 03.01.28 144A | 1.02% |
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 |