LoCorr Long/Short Equity Fund

U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 10.10 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date -6.0%
1 Year 10.1%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks long-term capital appreciation with reduced volatility compared to traditional broad-based equity market indices as a secondary objective. Under normal market conditions, the fund invests at least 80% of its assets, defined as net assets plus the amount of any borrowings for investment purposes, in long or short positions in equity securities of domestic and foreign companies. It invests in securities of issuers without restriction as to capitalization or country, including emerging markets. The fund invests in convertible debt securities of any maturity or credit quality, including those known as "junk bonds." It is non-diversified.

Fees

Fees are High compared to funds in the same category.
LoCorr Long/Short Equity Fund has an expense ratio of 3.15 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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