LSAIX Fees and Costs — LoCorr Strategic Allocation Fund, Class I
Data updated: 2026-08-25
The net expense ratio is 1.59%: a 1.24% management fee plus 1.32% other expenses, less a 0.97% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $23K in broker commissions, 0.0630% of average net assets, and portfolio turnover was 72%.
LSAIX Fees and Expenses
Annual operating expenses and sales charges of LSAIX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.24% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.32% |
| Gross expense ratio | 2.56% |
| Fee waiver | −0.97% |
| Net expense ratio | 1.59% |
| 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 |
LSAIX Costs Over Time
On $10,000 invested in LSAIX, assuming 5% a year before costs, total costs come to $1,021 over 5 years, cutting the return by 1.74% 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 1.59%) | $167 | $517 | $891 |
| Trading costs (broker commissions) | $7 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $27 | $94 |
| Total costs | $174 | $565 | $1,021 |
| Value after costs | $10,326 | $11,012 | $11,742 |
| Impact on return, per year | 1.74% | 1.74% | 1.74% |
LSAIX 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): 0.0630%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 72%
- Securities lending: none during the year
LSAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Deutsche Bank Securities Inc. | $15K | 69.45% |
| J.P. MORGAN SECURITIES LLC | $1K | 5.49% |
| PIPER SANDLER & CO. | $963 | 4.35% |
| NATIONAL FINANCIAL SERVICES LLC | $948 | 4.28% |
| RBC CAPITAL MARKETS, LLC | $828 | 3.74% |
| S.G. SECURITIES LTD. | $783 | 3.54% |
| INSTINET CLEARING SERVICES, INC. | $780 | 3.52% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $467 | 2.11% |
| GOLDMAN SACHS & CO. LLC | $394 | 1.78% |
| UBS FINANCIAL SERVICES INC. | $385 | 1.74% |
LoCorr Strategic Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LSAIX | Class I | 1.59% | none |
| LSAAX | Class A | 1.84% | 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.