LHEIX Fees and Costs — LoCorr Hedged Core Fund, Class I
Data updated: 2026-08-25
The net expense ratio is 1.98%: a 1.45% management fee plus 0.57% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $113K in broker commissions, 0.0506% of average net assets, and portfolio turnover was 75%.
LHEIX Fees and Expenses
Annual operating expenses and sales charges of LHEIX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.57% |
| Gross expense ratio | 2.02% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.98% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LHEIX Costs Over Time
On $10,000 invested in LHEIX, assuming 5% a year before costs, total costs come to $1,244 over 5 years, cutting the return by 2.13% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.98%) | $208 | $642 | $1,101 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $33 | $115 |
| Total costs | $213 | $691 | $1,244 |
| Value after costs | $10,287 | $10,885 | $11,519 |
| Impact on return, per year | 2.13% | 2.13% | 2.13% |
LHEIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0506%
- Total broker commissions: $113K
- Bought from dealers (principal trades, not a cost): $425.7M
- Portfolio turnover (prospectus): 75%
- Securities lending: none during the year
LHEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $59K | 52.09% |
| GOLDMAN SACHS & CO. LLC | $40K | 35.21% |
| Deutsche Bank Securities Inc. | $14K | 12.71% |
LHEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $51.7M | 17.11% |
| CITIGROUP GLOBAL MARKETS INC. | $46.7M | 15.44% |
| TD SECURITIES (USA) LLC | $35.5M | 11.76% |
| DEUTSCHE BANK SECURITIES INC. | $35.1M | 11.61% |
| BMO CAPITAL MARKETS CORP. | $31.6M | 10.47% |
| WELLS FARGO SECURITIES, LLC | $25.5M | 8.44% |
| BARCLAYS CAPITAL INC. | $20.3M | 6.71% |
| J.P. MORGAN SECURITIES LLC | $19.8M | 6.57% |
| BANK OF AMERICA MERRILL LYNCH | $18.6M | 6.14% |
| TRUIST SECURITIES INC. | $17.4M | 5.77% |
LoCorr Hedged Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LHEIX | Class I | 1.98% | none |
| LHEAX | Class A | 2.23% | 5.75% |
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.