MINNEAPOLIS, Dec. 12, 2016 (GLOBE NEWSWIRE) -- LoCorr Funds announced the declaration of their annual capital gains and dividend distributions for 2016 for the LoCorr Managed Futures Strategy Fund, LoCorr Long/Short Commodities Strategy Fund, LoCorr Market Trend Fund, LoCorr Long/Short Equity Fund, LoCorr Spectrum Income Fund and LoCorr Multi-Strategy Fund. The Funds paid the following dividends:
| Fund | Long-Term Gain | Short-Term Gain | Income | Total Distribution | ||||
| LoCorr Managed Futures Strategy Fund – Class A (LFMAX) | $ | 0.1418 | $ | 0.0337 | - | $ | 0.1755 | |
| LoCorr Managed Futures Strategy Fund – Class C (LFMCX) | $ | 0.1418 | $ | 0.0337 | - | $ | 0.1755 | |
| LoCorr Managed Futures Strategy Fund – Class I (LFMIX) | $ | 0.1418 | $ | 0.0337 | $ | 0.0005 | $ | 0.1760 |
| LoCorr L/S Commodities Strategy Fund – Class A (LCSAX) | - | - | $ | 0.2674 | $ | 0.2674 | ||
| LoCorr L/S Commodities Strategy Fund – Class C (LCSCX) | - | - | $ | 0.2124 | $ | 0.2124 | ||
| LoCorr L/S Commodities Strategy Fund – Class I (LCSIX) | - | - | $ | 0.2962 | $ | 0.2962 | ||
| LoCorr Market Trend Fund – Class A (LOTAX) | - | - | $ | 0.1870 | $ | 0.1870 | ||
| LoCorr Market Trend Fund – Class C (LOTCX) | - | - | $ | 0.1464 | $ | 0.1464 | ||
| LoCorr Market Trend Fund – Class I (LOTIX) | - | - | $ | 0.2016 | $ | 0.2016 | ||
| LoCorr Long/Short Equity – Class A (LEQAX) | - | - | - | - | ||||
| LoCorr Long/Short Equity – Class C (LEQCX) | - | - | - | - | ||||
| LoCorr Long/Short Equity – Class I (LEQIX) | - | - | - | - | ||||
| LoCorr Spectrum Income Fund – Class A (LSPAX) | - | - | - | - | ||||
| LoCorr Spectrum Income Fund – Class C (LSPCX) | - | - | - | - | ||||
| LoCorr Spectrum Income Fund – Class I (LSPIX) | - | - | - | - | ||||
| LoCorr Multi-Strategy Fund – Class A (LMUAX) | - | - | - | - | ||||
| LoCorr Multi-Strategy Fund – Class C (LMUCX) | - | - | - | - | ||||
| LoCorr Multi-Strategy Fund – Class I (LMUIX) | - | - | - | - | ||||
As a result of the distribution, the LoCorr Managed Futures Strategy Fund, LoCorr Long/Short Commodities Strategy Fund, and LoCorr Market Trend Fund NAV’s dropped accordingly on ex-date (12/9/16).
About LoCorr Funds LoCorr Funds today is well-known for educating both advisors and investors about the potential advantages of including alternative investments in portfolios. The LoCorr suite of alternative investment vehicles includes the LoCorr Managed Futures Strategy Fund, LoCorr Long/Short Commodities Strategy Fund, LoCorr Long/Short Equity Fund, LoCorr Spectrum Income Fund, LoCorr Market Trend Fund, and LoCorr Multi-Strategy Fund.
Since its founding, LoCorr Funds has promoted the use of low-correlating investment strategies for the potential of enhancing returns and reducing risk in portfolios. Through its strong distribution network, we believe the firm remains well positioned for continued growth as investors demand alternatives to traditional investments to help achieve portfolio diversification. LoCorr Funds is headquartered in Excelsior, MN. For more information, please visit www.LoCorrFunds.com , www.LoCorrFundManagement.com , or call 1.888.628.2887.
The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1.855.LCFUNDS, or visiting www.LoCorrFunds.com . Read it carefully before investing.
Mutual fund investing involves risk. Principal loss is possible. Non-diversified investments may concentrate assets in fewer individual holdings than diversified investments. Therefore, the investments are more exposed to individual stock volatility than diversified funds. The Funds invest in foreign investments and foreign currencies which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. The Funds may make short sales of securities, which involves the risk that losses may exceed the original amount invested. Investing in commodities may subject the Funds to greater risks and volatility as commodity prices may be influenced by a variety of factors including unfavorable weather, environmental factors, and changes in government regulations. The Funds may invest in derivative securities, which derive their performance from the performance of an underlying asset, index, interest rate or currency exchange rate. Derivatives can be volatile and involve various types and degrees of risks, and, depending upon the characteristics of a particular derivative, suddenly can become illiquid. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in Asset Backed, Mortgage Backed, and Collateralized Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Investments in small- and medium-capitalization companies involve additional risks such as limited liquidity and greater volatility. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. ETF investments are subject to investment advisory and other expenses, which will be indirectly paid by the Funds. As a result, the cost of investing in the Funds will be higher than the cost of investing directly in ETFs and may be higher than other mutual funds that invest directly in stocks and bonds. ETFs are subject to specific risks, depending on the nature of the ETF. A Fund’s real estate portfolio may be significantly impacted by the performance of the real estate market generally, and the Fund may be exposed to greater risk and experience higher volatility than would a more economically diversified portfolio. Property values may fall due to increasing vacancies or declining rents resulting from economic, legal, cultural, or technological developments. Investments in Limited Partnerships (including master limited partnerships) involve risks different from those of investing in common stock including risks related to limited control and limited rights to vote on matters affecting the Limited Partnership, risks related to potential conflicts of interest between the Limited Partnership and the Limited Partnership’s general partner, cash flow risks, tax risk, dilution risks and risks related to the general partner’s limited call right. Underlying Funds are subject to management and other expenses, which will be indirectly paid by the Fund.
Opinions expressed are subject to change at any time, are not guaranteed and should not be considered investment advice. Correlation measures how much the returns of two investments move together over time.
Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and it is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of its representatives may give legal or tax advice.
Diversification does not assure a profit nor protect against loss in a declining market.
The LoCorr Funds are distributed by Quasar Distributors, LLC.
© 2016 LoCorr Funds
Media Contact: Kristen Anderson, Marketing & Communications, 952.767.6908
