LSPIX Fees and Costs — LoCorr Spectrum Income Fund, Class I
Data updated: 2026-08-25
The net expense ratio is 3.19% (3.24% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $305K in broker commissions, 0.4228% of average net assets, and portfolio turnover was 66%.
LSPIX Fees and Expenses
Annual operating expenses and sales charges of LSPIX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 3.24% |
| Fee waiver | −0.05% |
| Net expense ratio | 3.19% |
| 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 |
LSPIX Costs Over Time
On $10,000 invested in LSPIX, assuming 5% a year before costs, total costs come to $2,145 over 5 years, cutting the return by 3.79% 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 3.19%) | $335 | $1,017 | $1,716 |
| Trading costs (broker commissions) | $44 | $135 | $227 |
| Lost growth on money paid in costs | $0 | $58 | $202 |
| Total costs | $379 | $1,210 | $2,145 |
| Value after costs | $10,121 | $10,366 | $10,618 |
| Impact on return, per year | 3.79% | 3.79% | 3.79% |
LSPIX 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): 0.4228%
- Total broker commissions: $305K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 66%
- Securities lending: none during the year
LSPIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $117K | 40.15% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $51K | 17.50% |
| RBC CAPITAL MARKETS, LLC | $36K | 12.17% |
| BOFA SECURITIES INC. | $17K | 5.81% |
| INSTINET CLEARING SERVICES, INC. | $16K | 5.55% |
| JEFFERIES LLC | $16K | 5.47% |
| CITIGROUP GLOBAL MARKETS INC. | $14K | 4.79% |
| GOLDMAN SACHS & CO. LLC | $13K | 4.38% |
| ROTH CAPITAL PARTNERS, LLC | $9K | 3.15% |
| WELLS FARGO SECURITIES, LLC | $3K | 1.03% |
LoCorr Spectrum Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LSPIX | Class I | 3.19% | none |
| LSPAX | Class A | 3.44% | 5.75% |
| LSPCX | Class C | 4.19% | none |
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.