DAILY NAV as of 10/18/2019

Ticker CUSIP NAV $ Change % Change % YTD
LSPIX 540132859 6.83 0.03 0.44 15.83

DAILY NAV as of 10/18/2019

Ticker CUSIP NAV $ Change % Change % YTD
LSPAX 540132875 6.85 0.04 0.59 15.72

DAILY NAV as of 10/18/2019

Ticker CUSIP NAV $ Change % Change % YTD
LSPCX 540132867 6.91 0.04 0.58 15.01
 

Investment Objective
The Fund's primary objective is current income, with capital appreciation as a secondary objective.

Fund Fact Sheet  Fund Fact Sheet


 

Spectrum Income Fund
Period Ending 09/30/2019
Ticker YTD 1 Year 3 Year 5 Year Since Inception Inception Date
Class A LSPAX 15.21% -2.17% 3.00% 0.18% 0.38% 12/31/2013
Class A (with load) LSPAX 8.62% -7.80% 0.98% -1.01% -0.64% 12/31/2013
Class C LSPCX 14.68% -2.90% 2.23% -0.55% -0.35% 12/31/2013
Class C (with load) LSPCX 13.68% -3.81% 2.23% -0.55% -0.35% 12/31/2013
Class I LSPIX 15.49% -1.86% 3.30% 0.47% 0.67% 12/31/2013

Fund Expense Ratios
Spectrum Income Fund: Fund Total Expense – 3.54% (A), 4.29% (C), 3.29% (I)

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 952.513.8195. The Fund imposes a 2.00% redemption fee on shares sold within 60 days. Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced. Performance data shown with load for Class A shares reflects a 5.75% sales load and for Class C shares reflects a 1.00% CDSC. Performance data shown without the load does not reflect the current maximum sales charges for Class A shares (up to 5.75% front-end) and Class C shares (1.00% CDSC). Had the sales charge been included, the fund’s returns would be lower.

Expense cap: 2.05% (A), 2.80% (C), 1.80% (I). The Fund’s expense cap listed here includes the 12b-1 distribution and/or servicing fees per share class, but excludes taxes, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation and inclusive of organizational cost incurred prior to the commencement of operations will not exceed 1.80%/daily average net assets attributable to each class of the Fund, as stated above, net of contractual waiver through April 30, 2020. Gross expense ratios are as of the Fund’s most recent prospectus and were applicable to investors.

The Fund invests in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in small - and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Investments in lower-rated and nonrated securities presents a greater risk of loss to principal and interest than higher rated securities. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. The Fund may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Fund’s portfolio will be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Property values may fall due to increasing vacancies or declining rents resulting from economic, legal, cultural, or technological developments. Investments in Limited Partnerships (including master limited partnerships) involve risks different from those of investing in common stock including risks related to limited control and limited rights to vote on matters affecting the Limited Partnership, risks related to potential conflicts of interest between the Limited Partnership and the Limited Partnership’s general partner, cash flow risks, dilution risks and risks related to the general partner’s limited call right. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Fund. There is no assurance that any hedging strategies utilized by the Fund will successfully provide a hedge to the portfolio’s holdings which could negatively impact Fund performance.

Click here for important disclosure and definition information.

Spectrum Income Fund
Period Ending 6/30/19  
  Class A Class C Class I
Ticker LSPAX LSPCX LSPIX
Inception Date 1/1/14 1/1/14 1/1/14
Minimum Investment $2,500 $2,500 $100,000
Subsequent Investment $500 $500 $500
 
Gross Expense Ratio 3.54% 4.29% 3.29%
 
Total Fund Net Assets $68,319,960

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 952.513.8195. The Fund imposes a 2.00% redemption fee on shares sold within 60 days. Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced. Performance data shown with load for Class A shares reflects a 5.75% sales load and for Class C shares reflects a 1.00% CDSC. Performance data shown without the load does not reflect the current maximum sales charges for Class A shares (up to 5.75% front-end) and Class C shares (1.00% CDSC). Had the sales charge been included, the fund’s returns would be lower.

Expense cap: 2.05% (A), 2.80% (C), 1.80% (I). The Fund’s expense cap listed here includes the 12b-1 distribution and/or servicing fees per share class, but excludes taxes, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation and inclusive of organizational cost incurred prior to the commencement of operations will not exceed 1.80%/daily average net assets attributable to each class of the Fund, as stated above, net of contractual waiver through April 30, 2020. Gross expense ratios are as of the Fund’s most recent prospectus and were applicable to investors.

The Fund invests in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in small - and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Investments in lower-rated and nonrated securities presents a greater risk of loss to principal and interest than higher rated securities. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. The Fund may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Fund’s portfolio will be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Property values may fall due to increasing vacancies or declining rents resulting from economic, legal, cultural, or technological developments. Investments in Limited Partnerships (including master limited partnerships) involve risks different from those of investing in common stock including risks related to limited control and limited rights to vote on matters affecting the Limited Partnership, risks related to potential conflicts of interest between the Limited Partnership and the Limited Partnership’s general partner, cash flow risks, dilution risks and risks related to the general partner’s limited call right. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Fund. There is no assurance that any hedging strategies utilized by the Fund will successfully provide a hedge to the portfolio’s holdings which could negatively impact Fund performance.

Click here for important disclosure and definition information.

Spectrum Income Fund
Top Ten Holdings as of 9/30/19
 
Holding Issuer Percent of Net Assets
Crestwood Equity Partners LP CEQP 3.54%
AGNC Investment Corp. AGNC 2.01%
Ares Captial Corp. ARCC 2.09%
Pattern Energy Group, Inc. PEGI 2.03%
Newtek Business Services Corp. NEWT 3.01%
Apollo Commercial Real Estate Finance, Inc. ARI 2.91%
Global Parnters LP GLP 2.22%
NexEra Engery Partners LP NEP 2.25%
Global Net Lease, Inc. GNL 2.11%
Hercules Capital, Inc.  HTGC 2.10%

Fund holdings and asset allocations are subject to change and are not recommendations to buy or sell any security.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 952.513.8195. The Fund imposes a 2.00% redemption fee on shares sold within 60 days. Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced. Performance data shown with load for Class A shares reflects a 5.75% sales load and for Class C shares reflects a 1.00% CDSC. Performance data shown without the load does not reflect the current maximum sales charges for Class A shares (up to 5.75% front-end) and Class C shares (1.00% CDSC). Had the sales charge been included, the fund’s returns would be lower.

Expense cap: 2.05% (A), 2.80% (C), 1.80% (I). The Fund’s expense cap listed here includes the 12b-1 distribution and/or servicing fees per share class, but excludes taxes, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation and inclusive of organizational cost incurred prior to the commencement of operations will not exceed 1.80%/daily average net assets attributable to each class of the Fund, as stated above, net of contractual waiver through April 30, 2020. Gross expense ratios are as of the Fund’s most recent prospectus and were applicable to investors.

The Fund invests in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in small - and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Investments in lower-rated and nonrated securities presents a greater risk of loss to principal and interest than higher rated securities. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. The Fund may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Fund’s portfolio will be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Property values may fall due to increasing vacancies or declining rents resulting from economic, legal, cultural, or technological developments. Investments in Limited Partnerships (including master limited partnerships) involve risks different from those of investing in common stock including risks related to limited control and limited rights to vote on matters affecting the Limited Partnership, risks related to potential conflicts of interest between the Limited Partnership and the Limited Partnership’s general partner, cash flow risks, dilution risks and risks related to the general partner’s limited call right. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Fund. There is no assurance that any hedging strategies utilized by the Fund will successfully provide a hedge to the portfolio’s holdings which could negatively impact Fund performance.

Click here for important disclosure and definition information.

Spectrum Income Fund
 
Materials
Quarterly Fund Commentary Download »
Fund Fact Sheet Download »
Reports
Prospectus Download »
Statement of Additional Information Download »
Semi-Annual Report Download »
Annual Report Download »
Forms and Applications
Regular Account Application Download »
IRA Account Application Download »
Entity Account Application Download »
Certification of Beneficial Owners Download »
IRA Transfer/Rollover Form Download »
IRA Disclosure Download »
Documents and Privacy
Privacy Policy Download »
LoCorr Funds Tax Insert 2018 Download »
LoCorr Funds Tax Insert 2017 Download »
LoCorr Funds Tax Insert 2016 Download »
LoCorr Annual Capital Gains and Dividends Distribution - 2018 Download »
Estimated Monthly Capital Gains and Dividend Distributions - May 2019 Download »
19a-1 Notice for Distribution – December 31, 2018 Download »
19a-1 Notice for Distribution – Most recent month-end Download »

You may purchase shares of LoCorr Funds directly through the transfer agent, US Bancorp,by completing the appropirate application available above. You may also purchase shares of LoCorr Funds through brokers that distribute the Funds. Please call 1.855.LCFUNDS (1.855.523.8637) with any questions on purchasing options.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 952.513.8195. The Fund imposes a 2.00% redemption fee on shares sold within 60 days. Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced. Performance data shown with load for Class A shares reflects a 5.75% sales load and for Class C shares reflects a 1.00% CDSC. Performance data shown without the load does not reflect the current maximum sales charges for Class A shares (up to 5.75% front-end) and Class C shares (1.00% CDSC). Had the sales charge been included, the fund’s returns would be lower.

Expense cap: 2.05% (A), 2.80% (C), 1.80% (I). The Fund’s expense cap listed here includes the 12b-1 distribution and/or servicing fees per share class, but excludes taxes, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation and inclusive of organizational cost incurred prior to the commencement of operations will not exceed 1.80%/daily average net assets attributable to each class of the Fund, as stated above, net of contractual waiver through April 30, 2020. Gross expense ratios are as of the Fund’s most recent prospectus and were applicable to investors.

The Fund invests in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in small - and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Investments in lower-rated and nonrated securities presents a greater risk of loss to principal and interest than higher rated securities. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. The Fund may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Derivative contracts ordinarily have leverage inherent in their terms which can magnify the Fund’s potential for gains or losses through increased long and short position exposure. The Fund’s portfolio will be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Property values may fall due to increasing vacancies or declining rents resulting from economic, legal, cultural, or technological developments. Investments in Limited Partnerships (including master limited partnerships) involve risks different from those of investing in common stock including risks related to limited control and limited rights to vote on matters affecting the Limited Partnership, risks related to potential conflicts of interest between the Limited Partnership and the Limited Partnership’s general partner, cash flow risks, dilution risks and risks related to the general partner’s limited call right. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Fund. There is no assurance that any hedging strategies utilized by the Fund will successfully provide a hedge to the portfolio’s holdings which could negatively impact Fund performance.

Click here for important disclosure and definition information.