LoCorr Spectrum Income Fund Class C (LSPCX)
| Fund Assets | 70.79M |
| Expense Ratio | 4.61% |
| Min. Investment | $2,500 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 7.52% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 5.48 |
| YTD Return | 3.82% |
| 1-Year Return | 5.76% |
| 5-Year Return | 53.18% |
| 52-Week Low | 4.96 |
| 52-Week High | 5.78 |
| Beta (5Y) | n/a |
| Holdings | 78 |
| Inception Date | Dec 31, 2013 |
About LSPCX
LoCorr Spectrum Income Fund Class C is a diversified mutual fund designed to generate consistent income while providing risk mitigation and low correlation to traditional bond investments. With a primary objective of current income and a secondary objective of capital appreciation, the fund employs an income-focused strategy that invests in a variety of securities outside of conventional bonds, historically targeting high-income producing assets. This approach aims to deliver regular monthly dividends, as evidenced by its notable dividend distribution frequency and yield. The fund allocates its assets across multiple income-producing securities, seeking to perform well in different interest rate environments, especially during periods of rising interest rates. Classified in the aggressive allocation category, it invests across a spectrum of asset classes, including debt and equity securities issued primarily by U.S. entities, with the intent of balancing income generation and capital growth potential. The fund’s strategy emphasizes portfolio diversification and risk mitigation, making it a distinctive option for investors seeking alternative sources of income and reduced exposure to traditional fixed-income risks within the broader financial market.
Performance
LSPCX had a total return of 5.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.30%.
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
24.51% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 5.28% |
| Cheniere Energy Partners, L.P. | CQP | 2.55% |
| Newmont Corporation | NEM | 2.22% |
| Energy Transfer LP | ET | 2.15% |
| Hess Midstream LP | HESM | 2.15% |
| Blackstone Secured Lending Fund | BXSL | 2.12% |
| The Williams Companies, Inc. | WMB | 2.07% |
| Enterprise Products Partners L.P. | EPD | 2.04% |
| MPLX LP | MPLX | 1.97% |
| Barrick Gold Corp | GOLD | 1.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0347 | Jun 30, 2025 |
| May 30, 2025 | $0.0347 | May 30, 2025 |
| Apr 30, 2025 | $0.0347 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0347 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0347 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0347 | Jan 31, 2025 |