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Investment Solutions  /  Mutual Funds  /  Dynamic Opportunity Fund

Dynamic Opportunity Fund

The Fund takes long and short positions in global equities, leveraging the expertise of two experienced, research-driven investment managers.

Investment Objective

The Fund's primary investment objective is long-term capital appreciation, with reduced volatility compared to traditional broad-based equity market indices as a secondary objective.

Period Ending 3/31/2025
TickerYTD1 Year 3 Year 5 Year 10 Year Since
Inception
Class ALEQAX-5.55%3.53%0.71%9.01%3.52%3.07%
Class A   (with load)LEQAX-10.98%-2.44%-1.27%7.72%2.91%2.56%
Class CLEQCX-5.68%2.71%-0.02%8.19%2.76%2.30%
Class C   (with load)LEQCX-6.63%2.71%-0.02%8.19%2.76%2.30%
Class ILEQIX-5.48%3.76%0.99%9.30%3.81%3.34%
Benchmarks as of 12/31/24
S&P 500 Index25.02%25.02%8.94%14.53%13.10%13.72%
Russell 2000 Index11.54%11.54%1.24%7.40%7.82%8.84%
Morningstar Long/Short Equity Cat. Avg.12.01%12.01%4.11%6.04%4.46%4.67%
Fund Expense Ratios

Dynamic Opportunity Fund: Fund Total Expense / Fund Net Expense

A2.53% / 2.47%
C3.28% / 3.22%
I2.28% / 2.22%

Inception Dates: Class A shares 5/10/2013; Class C shares 5/10/2013; Class I shares 5/10/2013

Period Ending 3/31/2025
Class AClass CClass I
TickerLEQAXLEQCXLEQIX
Inception Date5/10/20135/10/20135/10/2013
Minimum Investment$2,500$2,500$100,000
Subsequent Investment$500$500$500
Gross Expense Ratio2.53%3.28%2.28%
Net Expense Ratio2.47%3.22%2.22%
Total Fund Net Assets$45,487,981
Top 10 Holdings as of 3/31/2025
HoldingIssuerPercent of
Net Assets
Wynn Resorts Ltd.WYNN5.32%
Penn Entertainment, Inc.PENN4.75%
Franklin Resources, Inc.BEN3.89%
Healthcare Realty Trust, Inc.HR3.75%
Zoom Communications, Inc.ZM3.72%
Dollar Tree, Inc.DLTR3.60%
Kimco Realty Corp.KIM3.00%
RHRH2.91%
American Eagle Outfitters, Inc.AEO2.22%
Shake Shack, Inc.SHAK2.04%
Dynamic Opportunity Fund
Materials
Monthly Fund CommentaryDownload ↓
Fund Fact SheetDownload ↓
Manager Overview: Dynamic Opportunity Fund Download ↓
The Case for Long/Short EquitiesDownload ↓
Reports
ProspectusDownload ↓
Statement of Additional InformationDownload ↓
Semi-Annual Core Financial Statements Download ↓
Class A Semi-Annual Tailored Shareholder ReportDownload ↓
Class C Semi-Annual Tailored Shareholder ReportDownload ↓
Class I Semi-Annual Tailored Shareholder ReportDownload ↓
Annual Core Financial Statements and Additional InformationDownload ↓
Class A Annual Tailored Shareholder ReportDownload ↓
Class C Annual Tailored Shareholder ReportDownload ↓
Class I Annual Tailored Shareholder ReportDownload ↓
Forms and Applications
Regular Account ApplicationDownload ↓
IRA Account ApplicationDownload ↓
Entity Account ApplicationDownload ↓
Certification of Beneficial OwnersDownload ↓
IRA Transfer/Rollover FormDownload ↓
IRA DisclosureDownload ↓
Documents and Privacy
Privacy PolicyDownload ↓
LoCorr Funds Tax Insert 2023Download ↓
LoCorr Funds Tax Insert 2022Download ↓
LoCorr Funds Tax Insert 2021Download ↓
LoCorr Funds Tax Insert 2018Download ↓
LoCorr Funds Tax Insert 2017Download ↓
2024 Capital Gains and Dividends DistributionDownload ↓
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