LoCorr Long/Short Commodity Strats A
LoCorr Investment Trust261 School Avenue, 4th Floorcelsior, MN 55331
Map
Phone: 855-523-8637
| Category: | Managed Futures | | Fund Family: | LoCorr Fund Management, LLC | | Net Assets: | 11.56M | | Year-to-Date Return: | -1.79% | | Yield: | 0.00% | | Morningstar Rating: | N/A | | Fund Inception Date: | Dec 29, 2011 |
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Jon C. Essen
Lead Manager since Dec 29, 2011 | | | Jon C. Essen
Chief Operating Officer
Mr. Essen has served as Chief Operating Officer of the adviser LoCorr Fund Management, LLC since it was founded in November 2010. Mr. Essen also serves as Senior Vice President and Chief Operating Officer of Octavus Group, LLC, and as a Registered Representative of Octavus, LLC, positions both held since April 2008. Mr. Essen also began serving as Principal and Chief Compliance Officer of Octavus, LLC in September 2008. Previously, Mr. Essen served as Chief Operating Officer of Hennessey Financial, LLC from May 2002 to April 2008. Additionally, Mr. Essen was Chief Financial Officer of Jundt Associates, Inc. from 1998 to 2002 and served as Treasurer of Jundt Funds, Inc and American Eagle Funds, Inc. from 1999 to 2002. |
| Min Initial Investment: | 2,500 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | 500 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks capital appreciation in rising and falling commodities markets with managing volatility as a secondary objective.
The fund seeks to achieve its investment objectives by allocating its assets using "Commodities" Strategy and "Fixed Income" Strategy. It will execute its Commodities strategy primarily by investing up to 25% of its total assets in a wholly-owned and controlled subsidiary. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities. The fund is non-diversified. |
| Last Dividend
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| N/A | | Last Cap Gain
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| N/A | | Annual Holdings Turnover
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| 60.42% | | Average for Category: | 246.88% |
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| Expense | LCSAX | Category Avg |
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| Annual Report Expense Ratio (net): | 2.20% | 2.62% | | Prospectus Net Expense Ratio: | 3.92% | N/A | | Prospectus Gross Expense Ratio: | 3.99% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | 5.75% | 5.55% | | Max Deferred Sales Load:
| N/A | 1.00% | | 3 Yr Expense Projection*: | 1,714 | N/A | | 5 Yr Expense Projection*: | N/A | N/A | | 10 Yr Expense Projection*: | N/A | N/A |
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0.01(0.12%) May 21