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Morningstar

LoCorr Dynamic Opportunity I LEQIX

Morningstar Medalist Rating
Medalist Rating as of | See LoCorr Funds Investment Hub
  • NAV / 1-Day Return 11.52  /  −0.35 %
  • Total Assets 57.6 Mil
  • Adj. Expense Ratio
    2.000%
  • Expense Ratio 2.260%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Small Growth
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 1.13%
  • Turnover 932%

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:13 AM GMT+0

Morningstar’s Analysis LEQIX

Will LEQIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LEQIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LEQIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LEQIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Increased confidence in LoCorr Dynamic Opportunity I's prospects relative to its Morningstar Category peers results in an upgrade in this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LEQIX

More LEQIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US BANK MMDA - USBGFS 9

38.70 16.5 Mil
Cash and Equivalents

US DOLLARS

9.23 3.9 Mil
Cash and Equivalents

TKO Group Holdings Inc

3.40 1.5 Mil
Communication Services

RH Class A

3.12 1.3 Mil
Consumer Cyclical

Transocean Ltd

2.95 1.3 Mil
Energy

Kimco Realty Corp

2.68 1.1 Mil
Real Estate

PENN Entertainment Inc

2.50 1.1 Mil
Consumer Cyclical

Zoom Video Communications Inc

2.10 897,530
Technology

Everbridge Inc

1.84 787,680
Technology

SentinelOne Inc Class A

1.82 778,041
Technology