Locorr Dynamic Equity Fund Quote
| LEQAX Fund | USD 12.87 0.03 0.23% |
Performance18 of 100
| Odds Of DistressLess than 16
|
Locorr Dynamic is trading at 12.87 as of the 12th of December 2024; that is 0.23% up since the beginning of the trading day. The fund's open price was 12.84. Locorr Dynamic has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 23rd of December 2022 and ending today, the 12th of December 2024. Click here to learn more.
Under normal market conditions, the fund invests in long or short positions in equity securities of domestic and foreign companies. The managers define equity securities as common stocks, preferred stocks and debt securities that are convertible into stock. More on Locorr Dynamic Equity
Moving against Locorr Mutual Fund
Locorr Mutual Fund Highlights
| Fund Concentration | LoCorr Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, LoCorr Funds (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Locorr Dynamic Equity [LEQAX] is traded in USA and was established 12th of December 2024. Locorr Dynamic is listed under LoCorr Funds category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of LoCorr Funds family. This fund now has accumulated 83.79 M in assets with no minimum investment requirementsLocorr Dynamic Equity is currently producing year-to-date (YTD) return of 12.52% with the current yeild of 0.01%, while the total return for the last 3 years was 2.86%.
Check Locorr Dynamic Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Locorr Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Locorr Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Locorr Dynamic Equity Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Locorr Dynamic Equity Mutual Fund Constituents
| NXST | Nexstar Broadcasting Group | Stock | Communication Services | |
| GOGO | Gogo Inc | Stock | Communication Services | |
| FTDR | Frontdoor | Stock | Consumer Discretionary | |
| SBGI | Sinclair Broadcast Group | Stock | Communication Services | |
| CHTR | Charter Communications | Stock | Communication Services | |
| ALGT | Allegiant Travel | Stock | Industrials | |
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund | |
| IWM | iShares Russell 2000 | Etf | Small Blend |
Locorr Dynamic Equity Risk Profiles
| Mean Deviation | 0.3797 | |||
| Standard Deviation | 0.4814 | |||
| Variance | 0.2317 | |||
| Downside Variance | 0.157 |
Locorr Dynamic Against Markets
Other Information on Investing in Locorr Mutual Fund
Locorr Dynamic financial ratios help investors to determine whether Locorr Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Locorr with respect to the benefits of owning Locorr Dynamic security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |