LoCorr Dynamic Equity Fund (LEQIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in LoCorr Dynamic Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

LoCorr Dynamic Equity Fund (LEQIX) has returned -1.80% so far this year and 6.89% over the past 12 months. Over the last ten years, LEQIX has returned 4.94% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2014, LEQIX's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, your investment would double in approximately 19.9 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +9.5%, while the worst month was Mar 2020 at -14.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, LEQIX closed higher 49% of trading days. The best single day was Mar 13, 2020 with a return of +5.3%, while the worst single day was Mar 16, 2020 at -9.0%.

LoCorr Dynamic Equity Fund has an annualized alpha of -2.86%, beta of 0.55, and R² of 0.57 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.

• This fund participated in 73.71% of S&P 500 Index downside but only 47.35% of its upside — more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -2.86% versus S&P 500 Index — delivering less than market exposure alone would predict.
• Beta of 0.55 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

LEQIX has a high expense ratio of 1.99%, indicating above-average management fees.

LEQIX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for LoCorr Dynamic Equity Fund (LEQIX) and compare them to a chosen benchmark (S&P 500 Index).

LoCorr Dynamic Equity Fund provided a 20.64% dividend yield over the last twelve months, with an annual payout of $2.25 per share.

The table displays the monthly dividend distributions for LoCorr Dynamic Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the LoCorr Dynamic Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the LoCorr Dynamic Equity Fund was 32.49%, occurring on Mar 23, 2020. Recovery took 192 trading sessions.

The current LoCorr Dynamic Equity Fund drawdown is 4.55%.

The chart below shows the rolling one-month volatility.