Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
LoCorr Spectrum Income I LSPIX
- NAV / 1-Day Return 5.61 / 0.00
- Total Assets 70.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.910%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Aggressive Allocation
- Investment Style Small Value
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Status Open
- TTM Yield 8.57%
- Turnover 38%
USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 1:00 AM GMT+0
Morningstar’s Analysis LSPIX
Will LSPIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 24.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
US BANK MMDA - USBGFS 9 | 3.97 | 2.8 Mil | Cash and Equivalents |
AGNC Investment Corp | 2.84 | 2.0 Mil | Real Estate |
Agnico Eagle Mines Ltd | 2.84 | 2.0 Mil | Basic Materials |
Barrick Gold Corp | 2.59 | 1.8 Mil | Basic Materials |
Energy Transfer LP | 2.51 | 1.8 Mil | Energy |
Enterprise Products Partners LP | 2.43 | 1.7 Mil | Energy |
Blackstone Secured Lending Fund Ordinary Shares | 2.25 | 1.6 Mil | Financial Services |
CVR Partners LP | 2.23 | 1.6 Mil | Basic Materials |
FS KKR Capital Corp | 2.16 | 1.5 Mil | Financial Services |
Cheniere Energy Partners LP | 2.11 | 1.5 Mil | Energy |