LoCorr Spectrum Income Fund Class A (LSPAX)
| Fund Assets | 69.85M |
| Expense Ratio | 3.44% |
| Min. Investment | $2,500 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 7.86% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 5.55 |
| YTD Return | 6.50% |
| 1-Year Return | 11.33% |
| 5-Year Return | 17.03% |
| 52-Week Low | 5.26 |
| 52-Week High | 5.85 |
| Beta (5Y) | 0.48 |
| Holdings | 80 |
| 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 11.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.98%.
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 I | 0.86% |
| FIWBX | Fidelity | Fidelity Advisor Multi-Asset Income Z | 0.76% |
| FAZYX | Fidelity | Fidelity Advisor Multi-Asset Income M | 1.10% |
| FMSDX | Fidelity | Fidelity Multi-Asset Income Fund | 0.82% |
| FWATX | Fidelity | Fidelity Advisor Multi-Asset Income A | 1.11% |
Top 10 Holdings
27.79% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 6.24% |
| Annaly Capital Management, Inc. | NLY | 3.01% |
| Cheniere Energy Partners, L.P. | CQP | 2.68% |
| AngloGold Ashanti plc | AU | 2.62% |
| AGNC Investment Corp. | AGNC | 2.61% |
| CVR Partners, LP | UAN | 2.42% |
| Invesco Mortgage Capital Inc. | IVR | 2.27% |
| Dynex Capital, Inc. | DX | 2.05% |
| MPLX LP | MPLX | 1.95% |
| Rio Tinto Group | RIO | 1.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0386 | Jun 30, 2026 |
| May 29, 2026 | $0.0386 | May 29, 2026 |
| Apr 30, 2026 | $0.0386 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0386 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0386 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0386 | Jan 30, 2026 |