LoCorr Spectrum Income Fund Class A (LSPAX)
| Fund Assets | 70.93M |
| Expense Ratio | 3.86% |
| Min. Investment | $2,500 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 7.53% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 6.09 |
| YTD Return | 1.51% |
| 1-Year Return | 5.59% |
| 5-Year Return | 18.18% |
| 52-Week Low | 4.85 |
| 52-Week High | 6.15 |
| Beta (5Y) | 0.52 |
| Holdings | 88 |
| Inception Date | Dec 31, 2013 |
About LSPAX
LoCorr Spectrum Income Fund Class A is a mutual fund focused on generating current income as its primary objective, with capital appreciation as a secondary goal. Distinct from traditional fixed income products, this fund emphasizes alternative income strategies by investing in securities outside of conventional bonds that have historically provided robust income streams. Utilizing an "Income" strategy, the fund's portfolio is primarily composed of pass-through securities and integrated options strategies, including covered calls, call spreads, and additional hedging techniques. This approach is designed to offer consistent monthly dividends, demonstrate low correlation to traditional bond markets, and help mitigate risk in rising interest rate environments. Managed by LoCorr Fund Management and sub-advised by Bramshill Investments, the fund appeals to investors seeking income diversification and enhanced yield potential within their broader portfolios. Established in 2013, LoCorr Spectrum Income Fund Class A stands out as a specialized solution for those aiming to balance income generation and risk management in today’s evolving interest rate landscape.
Performance
LSPAX had a total return of 5.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.55%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAYZX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class I | 0.80% |
| FIWBX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class Z | 0.80% |
| FAZYX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class M | 0.80% |
| FMSDX | Fidelity | Fidelity Multi-Asset Income Fund | 0.80% |
| FWATX | Fidelity | Fidelity Advisor Multi-Asset Income Fund - Class A | 0.80% |
Top 10 Holdings
27.36% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 5.05% |
| Annaly Capital Management, Inc. | NLY | 3.19% |
| Ares Capital Corporation | ARCC | 2.82% |
| Blackstone Secured Lending Fund | BXSL | 2.72% |
| Invesco Mortgage Capital Inc. | IVR | 2.37% |
| AngloGold Ashanti plc | AU | 2.30% |
| CVR Partners, LP | UAN | 2.29% |
| Dynex Capital, Inc. | DX | 2.26% |
| Cheniere Energy Partners, L.P. | CQP | 2.23% |
| MPLX LP | MPLX | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0386 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0386 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0386 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0386 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0386 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0386 | Aug 29, 2025 |