LFMAX Performance — LoCorr Macro Strategies Fund, Class A
Data updated: 2026-08-25
LFMAX returned +9.33% year to date and +13.30% over one year to Jun 2026. Annualised returns are +4.66% over 3 years and +4.11% over 5 years. The fund beat its Intermediate Government Bond category average: $100 invested three years ago grew to $115, against $112 for the category, and to $113 over one year, against $103. Volatility over the past three years was 6.25% a year. In the 12 months to Jun 2026 the fund took in a net $8.1M, and assets reached $1.70B.
LFMAX Growth of $100
What $100 invested in LoCorr Macro Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | LFMAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $103 |
| 3 years (Jul 2023 – Jun 2026) | $115 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $103 |
| Since data start (Jul 2019 – Jun 2026) | $142 | $114 |
LFMAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.33% |
| 1 year | +13.30% |
| 3 years (annualised) | +4.66% |
| 5 years (annualised) | +4.11% |
LFMAX Annual Returns
Calendar-year total returns of LoCorr Macro Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.33% |
| 2025 | +2.54% |
| 2024 | +6.39% |
| 2023 | −6.72% |
| 2022 | +15.01% |
| 2021 | −0.15% |
| 2020 | +5.41% |
| 2019 (Jul–Dec) | +5.11% |
LFMAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.4% | +2.4% | +2.6% | +1.3% | −0.2% | −0.5% | — | — | — | — | — | — |
| 2025 | +0.9% | −1.2% | +0.1% | −1.2% | −0.7% | +0.9% | +0.1% | +0.3% | +2.0% | +0.9% | −0.3% | +0.6% |
| 2024 | +2.3% | +3.0% | +1.5% | +3.7% | −1.0% | −0.6% | −1.2% | −2.4% | +0.5% | −1.7% | +1.3% | +0.9% |
| 2023 | −1.8% | +2.2% | −4.5% | +0.4% | 0.0% | +0.9% | −0.9% | +0.6% | +3.9% | −1.0% | −3.0% | −3.5% |
| 2022 | +1.2% | +0.9% | +4.9% | +5.5% | +0.3% | +1.9% | −3.4% | +3.1% | +4.0% | +1.0% | −5.4% | +0.5% |
| 2021 | −1.4% | +3.2% | +0.8% | +2.5% | +0.3% | −1.0% | −1.2% | −1.0% | −1.5% | +1.4% | −1.5% | −0.6% |
| 2020 | +1.3% | −0.5% | −2.5% | +2.5% | +0.1% | −0.8% | +3.1% | +0.6% | −1.1% | −2.3% | +2.0% | +3.1% |
| 2019 | — | — | — | — | — | — | +1.4% | +4.8% | −1.8% | −0.3% | +2.6% | −1.5% |
LFMAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.25%
- 3-year Sharpe ratio: 0.03 (vs 4.5% risk-free rate)
- Best month: +3.93% (Sep 2023)
- Worst month: −3.52% (Dec 2023)
LFMAX Fund Flows
Monthly money in and out of LoCorr Macro Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: $8.1M
- 12-month gross sales (incl. reinvestments): $626.6M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $46.6M | $40.0M | $6.6M |
| May 2026 | $85.8M | $41.0M | $44.8M |
| Apr 2026 | $59.9M | $53.3M | $6.7M |
| Mar 2026 | $86.4M | $59.4M | $27.0M |
| Feb 2026 | $42.8M | $39.7M | $3.1M |
| Jan 2026 | $41.1M | $56.0M | −$14.9M |
| Dec 2025 | $82.2M | $71.2M | $11.0M |
| Nov 2025 | $29.0M | $42.9M | −$13.9M |
| Oct 2025 | $34.2M | $61.3M | −$27.1M |
| Sep 2025 | $33.9M | $38.1M | −$4.2M |
| Aug 2025 | $35.3M | $65.8M | −$30.5M |
| Jul 2025 | $49.6M | $49.8M | −$269K |
LFMAX Assets Under Management
Net assets of LoCorr Macro Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.70B |
| 2026-03-31 | $1.63B |
| 2025-12-31 | $1.48B |
| 2025-09-30 | $1.54B |
| 2025-06-30 | $1.54B |
| 2025-03-31 | $1.63B |
| 2024-12-31 | $1.54B |
| 2024-09-30 | $1.63B |
| 2024-06-30 | $1.68B |
| 2024-03-31 | $1.60B |
| 2023-12-31 | $1.50B |
| 2023-09-30 | $1.90B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.