LoCorr Macro Strategies Fund Class I (LFMIX)

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LoCorr Macro Strategies Fund Class I (LFMIX) is up 9.3% since the beginning of the year. LFMIX is currently trading at $9 per share. Investors who bought $1,000 worth of LFMIX shares 5 years ago would now be looking at an investment worth $1,241.

LoCorr Macro Strategies Fund Class I (LFMIX) has returned 9.25% so far this year and 13.88% over the past 12 months. Over the last ten years, LFMIX has returned 4.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 6, 2011, LFMIX's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.

Historically, 55% of months were positive and 45% were negative. The best month was Jun 2016 with a return of +6.1%, while the worst month was May 2013 at -8.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, LFMIX closed higher 48% of trading days. The best single day was Jun 24, 2016 with a return of +3.2%, while the worst single day was Mar 12, 2020 at -3.8%.

LoCorr Macro Strategies Fund Class I has an annualized alpha of 2.95%, beta of 0.04, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since April 06, 2011.

• This fund captured 9.55% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.06%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.04 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

LFMIX has a high expense ratio of 1.88%, indicating above-average management fees.

LFMIX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

LoCorr Macro Strategies Fund Class I provided a 2.87% dividend yield over the last twelve months, with an annual payout of $0.24 per share.

The table displays the monthly dividend distributions for LoCorr Macro Strategies Fund Class I. 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 Macro Strategies Fund Class I. 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 Macro Strategies Fund Class I was 22.68%, occurring on Oct 9, 2013. Recovery took 376 trading sessions.

The current LoCorr Macro Strategies Fund Class I drawdown is 1.39%.

The chart below shows the rolling one-month volatility.