Fund Evaluator:
LoCorr Market Trend C (LOTCX)
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Best Performing in Systematic Trend Over the Last Year
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Fund Details
LoCorr Market Trend C Overview
LoCorr Market Trend C (LOTCX) is an actively managed Alternative Systematic Trend fund. LoCorr Funds launched the fund in 2014.
The investment seeks capital appreciation in rising and falling equity markets with managing volatility as a secondary objective. The fund seeks to achieve its investment objectives by allocating its assets using two principal strategies: "Market Trend" Strategy and "Fixed Income" Strategy. The Market Trend strategy is a macro-oriented quantitative strategy that employs various investment techniques to select long and short positions in the global futures and foreign exchange markets. The Fixed Income strategy is designed to generate interest income and preserve principal by investing primarily in investment grade securities.
About LoCorr Market Trend C (LOTCX)
There are 7 members of the management team with an average tenure of 7.63 years: Kenneth Tropin (2014), Peter Agrimson (2018), Jon Essen (2014), Tony Rodriguez (2017), Jens Foehrenbach (2026), Thomas Feng (2025), Sean Katof (2016). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE BofA US 3M Trsy Bill TR USD index with a weighting of 100%. LoCorr Market Trend C has 597 securities in its portfolio. The top 10 holdings constitute 185.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
LoCorr Market Trend C is part of the Alternative Strategies global asset class and is within the Alternative fund group. LoCorr Market Trend C has -38.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 45.8%. There is 27.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is -153.2% (-87.3% domestic bond, -65.9% foreign bond and 0.0% convertible bond). LoCorr Market Trend C has 177.3% of the portfolio in cash.
Assets Under Management
The fund has $8 million in total assets, which is below the $260 million average for the Systematic Trend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LOTCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The LoCorr Market Trend C expense ratio is high compared to funds in the Systematic Trend category. LoCorr Market Trend C has an expense ratio of 2.81%, which is 39% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. LoCorr Market Trend C has a portfolio turnover rate of 81%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 216% for the Systematic Trend category.
Recently, in the month of July 2026, LoCorr Market Trend C returned 1.3%, which earned it a grade of B, as the Systematic Trend category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
LoCorr Market Trend C has a trailing yield of 1.71%, which is below the 2.63% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
LoCorr Market Trend C Grades
Year to date, the fund has returned 23.3%, 16.1 percentage points better than the category, which translates into a grade of A. The fund has returned 37.8% over the past year (grade of A), 5.5% over the past three years (grade of B) and 7.9% per year over the past five years (grade of B) and 3.7% per year over the past 10 years (grade of B).
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LOTCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LOTCX Return (NAV) | 1.3% | 1.8% | 37.8% | 5.5% | 7.9% | 3.7% |
| LOTCX Grade | B | A | A | B | B | B |
| +/- Category | 1.3% | 2.6% | 19.8% | 2.7% | 2.6% | 0.5% |
| Systematic Trend Avg | -0.0% | -0.8% | 18.0% | 2.8% | 5.3% | 3.1% |
| LOTCX Tax Cost Ratio | na | na | 0.9% | 1.2% | 2.0% | 1.1% |
LOTCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LOTCX Return (NAV) | 23.3% | 2.9% | 4.8% | -11.9% | 28.7% | 0.1% | 3.8% | 17.3% | -14.3% | 2.8% | -10.5% |
| LOTCX Grade | A | C | B | F | B | F | D | A | F | C | F |
| +/- Category | 16.1% | -0.1% | 4.4% | -8.1% | 7.1% | -4.8% | -1.3% | 12.0% | -9.0% | -1.6% | -7.0% |
| Systematic Trend Avg | 7.2% | 3.1% | 0.4% | -3.8% | 21.5% | 4.9% | 5.1% | 5.3% | -5.4% | 4.5% | -3.4% |
| Risk Measures | |
| Standard Deviation: | 13.0% |
| Total Risk Index: | 1.06 - Above Average |
| Category Risk Index: | 1.32 - High |
| Category Risk Grade: | F (91% Rank) |
| Beta: | 0.08 |
| R-Squared: | 1% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.7% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $401 Mil |
| Fund Total Assets: | $ 9 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 81% |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 12.1 years | |||
| Average Tenure: 7.6 years | |||
| Managers (Year): Tropin Kenneth (2014), Essen Jon (2014), Katof Sean (2016), Rodriguez Tony (2017), Agrimson Peter (2018), Feng Thomas (2025), Foehrenbach Jens (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 597 |
| % in Top 10 Holdings: | 185.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | -38.7% |
Portfolio Allocation |
|
| Domestic Stock: | 45.8% |
| Foreign Stock: | 27.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | -87.3% |
| Foreign Bond: | -65.9% |
| Convertible Bond: | 0.0% |
| Other: | 2.9% |
| Cash: | 177.3% |
Purchase Information
| Fund Family: | LoCorr Funds |
| Phone Number: | 855-523-8637 |
| Website: | www.LoCorrFunds.com |
| Status: | Open |
| Inception Date: | June 30, 2014 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.81% ( Rating : High ) |
| Category Average Expense Ratio (%): | 2.02% |
| Share Class: | LoCorr Market Trend I |
| Min. Subsequent Purchase: | $ 500 |
| Min. Subsequent IRA Purchase: | $ 0 |
