- ISIN
- US5401328837
- CUSIP
- 540132883
- Issuer
- LoCorr Funds
- Inception Date
- May 9, 2013
- Category
- Long-Short
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
LEQIX Performance Chart
LoCorr Dynamic Equity Fund (LEQIX) is up 7.7% since the beginning of the year. LEQIX is currently trading at $12 per share. Investors who bought $1,000 worth of LEQIX shares 5 years ago would now be looking at an investment worth $1,218.
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Returns By Period
LoCorr Dynamic Equity Fund (LEQIX) has returned 7.66% so far this year and 13.12% over the past 12 months. Over the last ten years, LEQIX has returned 5.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
LoCorr Dynamic Equity Fund
- 1D
- 1.01%
- 1M
- 3.82%
- YTD
- 7.66%
- 6M
- 7.05%
- 1Y
- 13.12%
- 3Y*
- 8.36%
- 5Y*
- 4.03%
- 10Y*
- 5.23%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
LEQIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2014, LEQIX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.
Historically, 58% of months were positive and 42% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.18% | 2.44% | -2.38% | 2.98% | 3.77% | 0.93% | 7.66% | ||||||
| 2025 | 0.46% | -1.15% | -4.82% | -0.82% | 2.63% | 2.57% | 2.42% | 2.90% | -0.30% | -1.56% | 1.97% | -1.16% | 2.88% |
| 2024 | -1.87% | 1.91% | 1.62% | -2.51% | 1.37% | 0.68% | 2.61% | 0.98% | 1.70% | 0.56% | 6.11% | -1.88% | 11.56% |
| 2023 | 1.82% | -1.53% | -1.12% | -1.66% | 1.60% | 1.84% | 1.46% | -4.91% | -1.34% | -4.60% | 5.49% | 7.05% | 3.43% |
| 2022 | -3.43% | 0.08% | -0.08% | -4.68% | -1.78% | -3.36% | 3.66% | 1.03% | -3.58% | 2.74% | 0.52% | 0.10% | -8.80% |
| 2021 | 0.08% | 6.57% | 1.66% | 3.65% | 1.35% | -1.70% | -0.68% | 1.06% | -1.87% | 1.76% | -1.28% | 3.43% | 14.59% |
Benchmark Metrics
LoCorr Dynamic Equity Fund has an annualized alpha of -2.76%, beta of 0.55, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since January 02, 2014.
- This fund participated in 72.64% of S&P 500 Index downside but only 46.87% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.76% 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.
- Alpha
- -2.76%
- Beta
- 0.55
- R²
- 0.57
- Upside Capture
- 46.87%
- Downside Capture
- 72.64%
Expense Ratio
LEQIX has a high expense ratio of 1.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
LEQIX ranks 38 for risk / return — below 38% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for LoCorr Dynamic Equity Fund (LEQIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LEQIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.78 | +0.21 |
| Martin ratioReturn relative to average drawdown | 7.70 | 12.44 | -4.74 |
Dividends
Dividend History
LoCorr Dynamic Equity Fund provided a 18.83% dividend yield over the last twelve months, with an annual payout of $2.25 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.25 | $2.25 | $0.16 | $0.18 | $0.15 | $0.78 | $0.00 | $0.04 | $0.39 | $0.53 |
Dividend yield | 18.83% | 20.27% | 1.22% | 1.50% | 1.31% | 6.09% | 0.00% | 0.33% | 3.86% | 4.40% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.25 | $2.25 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
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 0.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -32.49%Mar 2020 | 2y 1mo | 9mo 5d | 2y 10moJan 2018 - Dec 2020 |
2016 bear market2016 | -24.28%Feb 2016 | 2y 1mo | 6mo 5d | 2y 7moJan 2014 - Aug 2016 |
2023 correction2023 | -17.78%Oct 2023 | 1y 11mo | 10mo 28d | 2y 10moNov 2021 - Sep 2024 |
2025 selloff2025 | -12.68%Apr 2025 | 4mo 6d | 3mo 14d | 7mo 20dDec 2024 - Jul 2025 |
2021 pullback2021 | -5.45%Jul 2021 | 1mo 17d | 3mo 17d | 5mo 4dJun 2021 - Nov 2021 |
Drawdown Indicators
| LEQIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.49% | -56.78% | +24.29% |
Max Drawdown (1Y)Largest decline over 1 year | -4.55% | -9.10% | +4.55% |
Max Drawdown (3Y)Largest decline over 3 years | -12.68% | -18.90% | +6.22% |
Max Drawdown (5Y)Largest decline over 5 years | -17.78% | -25.43% | +7.65% |
Max Drawdown (10Y)Largest decline over 10 years | -32.49% | -33.92% | +1.43% |
Current DrawdownCurrent decline from peak | -0.25% | -1.80% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -10.71% | +3.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.77% | 2.03% | -0.26% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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