LoCorr Dynamic Opportunity Fund
|
||||||||
Schedule of Investments
|
||||||||
as of March 31, 2024 (Unaudited)
|
||||||||
COMMON STOCKS - 54.1%
|
Shares
|
Value
|
||||||
Auto Manufacturers - 0.4%
|
||||||||
Wabash National Corp.
|
8,830
|
$
|
264,370
|
|||||
Auto Parts & Equipment - 1.0%
|
||||||||
Gentherm, Inc.(a)
|
6,338
|
364,942
|
||||||
indie Semiconductor, Inc. - Class A(a)
|
31,521
|
223,169
|
||||||
588,111
|
||||||||
Beverages - 0.3%
|
||||||||
Keurig Dr Pepper, Inc.
|
5,286
|
162,122
|
||||||
Chemicals - 0.4%
|
||||||||
Air Products and Chemicals, Inc.
|
1,041
|
252,203
|
||||||
Commercial Services - 3.3%
|
||||||||
Alta Equipment Group, Inc.
|
17,667
|
228,788
|
||||||
Arlo Technologies, Inc.(a)
|
13,322
|
168,523
|
||||||
LiveRamp Holdings, Inc.(a)
|
10,434
|
359,973
|
||||||
Marqeta, Inc. - Class A(a)
|
38,826
|
231,403
|
||||||
Monro, Inc.
|
2,651
|
83,613
|
||||||
Progyny, Inc.(a)
|
10,224
|
390,045
|
||||||
Repay Holdings Corp.(a)
|
51,113
|
562,243
|
||||||
Terawulf, Inc.(a)
|
4,900
|
12,887
|
||||||
2,037,475
|
||||||||
Computers - 1.0%
|
||||||||
Mitek Systems, Inc.(a)
|
18,324
|
258,368
|
||||||
Stratasys Ltd.(a)
|
26,509
|
308,035
|
||||||
566,403
|
||||||||
Distribution & Wholesale - 0.8%
|
||||||||
H&E Equipment Services, Inc.
|
7,729
|
496,046
|
||||||
Diversified Financial Services - 0.6%
|
||||||||
Bit Digital, Inc.(a)
|
83,302
|
239,077
|
||||||
International Money Express, Inc.(a)
|
2,189
|
49,975
|
||||||
LendingTree, Inc.(a)
|
1,356
|
57,413
|
||||||
346,465
|
||||||||
Electric - 1.7%
|
||||||||
CMS Energy Corp.
|
5,811
|
350,636
|
||||||
Consolidated Edison, Inc.
|
3,949
|
358,608
|
||||||
PPL Corp.
|
12,083
|
332,645
|
||||||
1,041,889
|
||||||||
Electronics - 1.9%
|
||||||||
Coherent Corp.(a)
|
3,526
|
213,746
|
||||||
Enovix Corp.(a)
|
21,830
|
174,858
|
||||||
Evolv Technologies Holdings, Inc.(a)
|
28,451
|
126,607
|
||||||
FARO Technologies, Inc.(a)
|
8,151
|
175,328
|
||||||
OSI SYSTEMS, Inc.(a)
|
2,959
|
422,605
|
||||||
1,113,144
|
||||||||
Engineering & Construction - 1.4%
|
||||||||
Bowman Consulting Group Ltd.(a)
|
14,878
|
517,605
|
||||||
Fluor Corp.(a)
|
7,792
|
329,446
|
||||||
847,051
|
||||||||
Entertainment - 4.2%
|
||||||||
Penn National Gaming, Inc.(a)
|
58,759
|
1,070,001
|
||||||
TKO Group Holdings, Inc.
|
16,808
|
1,452,380
|
||||||
2,522,381
|
||||||||
Environmental Control - 1.4%
|
||||||||
CECO Environmental Corp.(a)
|
21,672
|
498,889
|
||||||
Montrose Environmental Group, Inc.(a)
|
9,869
|
386,569
|
||||||
885,458
|
||||||||
Healthcare-Products - 4.7%
|
||||||||
Alphatec Holdings, Inc.(a)
|
18,700
|
257,873
|
||||||
AtriCure, Inc.(a)
|
10,132
|
308,215
|
||||||
Azenta, Inc.(a)
|
2,736
|
164,926
|
||||||
Globus Medical, Inc. - Class A(a)
|
5,740
|
307,894
|
||||||
Inogen, Inc.(a)
|
35,275
|
284,669
|
||||||
Masimo Corp.(a)
|
1,648
|
242,009
|
||||||
MaxCyte, Inc.(a)
|
15,846
|
66,395
|
||||||
MiMedx Group, Inc.(a)
|
36,940
|
284,438
|
||||||
Natera, Inc.(a)
|
2,655
|
242,826
|
||||||
Pulmonx Corp.(a)
|
35,307
|
327,296
|
||||||
TransMedics Group, Inc.(a)
|
4,196
|
310,252
|
||||||
2,796,793
|
||||||||
Healthcare-Services - 1.6%
|
||||||||
Neuronetics, Inc.(a)
|
141,880
|
675,349
|
||||||
Oscar Health, Inc. - Class A(a)
|
4,198
|
62,424
|
||||||
Viemed Healthcare, Inc.(a)
|
22,079
|
208,205
|
||||||
945,978
|
||||||||
Home Furnishings - 0.8%
|
||||||||
Arhaus, Inc.
|
15,381
|
236,714
|
||||||
Lovesac Co.(a)
|
9,925
|
224,305
|
||||||
461,019
|
||||||||
Housewares - 0.5%
|
||||||||
Scotts Miracle-Gro Co.
|
4,049
|
302,015
|
||||||
Internet - 2.5%
|
||||||||
LifeMD, Inc.(a)
|
22,744
|
233,808
|
||||||
Magnite, Inc.(a)
|
19,660
|
211,345
|
||||||
Sprinklr, Inc. - Class A(a)
|
48,725
|
597,856
|
||||||
TripAdvisor, Inc.(a)
|
9,491
|
263,755
|
||||||
Yatra Online, Inc.(a)
|
103,538
|
166,696
|
||||||
1,473,460
|
||||||||
Iron & Steel - 0.5%
|
||||||||
Carpenter Technology Corp.
|
4,160
|
297,107
|
||||||
Machinery-Diversified - 1.1%
|
||||||||
Flowserve Corp.
|
7,582
|
346,346
|
||||||
Middleby Corp.(a)
|
1,736
|
279,131
|
||||||
625,477
|
||||||||
Media - 0.4%
|
||||||||
Endeavor Group Holdings, Inc. - Class A
|
9,749
|
250,842
|
||||||
Metal Fabricate & Hardware - 0.5%
|
||||||||
Hillman Solutions Corp.(a)
|
27,400
|
291,536
|
||||||
Oil & Gas - 2.1%
|
||||||||
Transocean Ltd.(a)
|
201,099
|
1,262,902
|
||||||
Retail - 2.9%
|
||||||||
Carrols Restaurant Group, Inc.
|
37,123
|
353,040
|
||||||
Potbelly Corp.(a)
|
25,382
|
307,376
|
||||||
RH(a)
|
2,290
|
797,515
|
||||||
Sally Beauty Holdings, Inc.(a)
|
11,040
|
137,117
|
||||||
Shake Shack, Inc. - Class A(a)
|
996
|
103,614
|
||||||
1,698,662
|
||||||||
Semiconductors - 1.9%
|
||||||||
Marvell Technology, Inc.
|
1,393
|
98,736
|
||||||
MaxLinear, Inc.(a)
|
19,862
|
370,823
|
||||||
Semtech Corp.(a)
|
7,544
|
207,385
|
||||||
SiTime Corp.(a)
|
456
|
42,513
|
||||||
SMART Global Holdings, Inc.(a)
|
4,416
|
116,229
|
||||||
Synaptics, Inc.(a)
|
2,626
|
256,193
|
||||||
1,091,879
|
||||||||
Software - 12.6%
|
||||||||
Adobe Systems, Inc.(a)
|
503
|
253,814
|
||||||
Akamai Technologies, Inc.(a)
|
5,539
|
602,422
|
||||||
Augmedix, Inc.(a)
|
55,055
|
225,175
|
||||||
AvePoint, Inc.(a)
|
33,119
|
262,302
|
||||||
Elastic NV(a)
|
7,467
|
748,492
|
||||||
Everbridge, Inc.(a)
|
22,615
|
787,680
|
||||||
Five9, Inc.(a)
|
3,673
|
228,130
|
||||||
Lightspeed Commerce, Inc.(a)
|
22,003
|
309,362
|
||||||
MongoDB, Inc.(a)
|
1,131
|
405,622
|
||||||
PDF Solutions, Inc.(a)
|
8,742
|
294,343
|
||||||
PROS Holdings, Inc.(a)
|
13,073
|
474,942
|
||||||
ROBLOX Corp. - Class A(a)
|
6,685
|
255,233
|
||||||
SentinelOne, Inc. - Class A(a)
|
33,378
|
778,041
|
||||||
Unity Software, Inc.(a)
|
3,690
|
98,523
|
||||||
Zeta Global Holdings Corp. - Class A(a)
|
66,804
|
730,168
|
||||||
Zoom Video Communications, Inc. - Class A(a)
|
15,121
|
988,461
|
||||||
7,442,710
|
||||||||
Telecommunications - 2.5%
|
||||||||
Aviat Networks, Inc.(a)
|
10,183
|
390,416
|
||||||
Ceragon Networks Ltd.(a)
|
80,190
|
256,608
|
||||||
Corning, Inc.
|
15,368
|
506,530
|
||||||
Infinera Corp.(a)
|
9,141
|
55,120
|
||||||
Powerfleet, Inc. NJ(a)
|
47,326
|
252,721
|
||||||
1,461,395
|
||||||||
Transportation - 1.1%
|
||||||||
Castle Biosciences, Inc.(a)
|
9,289
|
205,751
|
||||||
Covenant Logistics Group, Inc.
|
4,331
|
200,785
|
||||||
United Parcel Service, Inc. - Class B
|
1,706
|
253,563
|
||||||
660,099
|
||||||||
TOTAL COMMON STOCKS (Cost $29,530,950)
|
32,184,992
|
|||||||
REAL ESTATE INVESTMENT TRUSTS - 4.6%
|
Shares
|
Value
|
||||||
Healthcare Realty Trust, Inc.
|
45,520
|
644,108
|
||||||
Kimco Realty Corp.
|
62,343
|
1,222,547
|
||||||
Mid-America Apartment Communities, Inc.
|
766
|
100,790
|
||||||
Park Hotels & Resorts, Inc.
|
26,097
|
456,437
|
||||||
SL Green Realty Corp.
|
4,873
|
268,647
|
||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $2,694,424)
|
2,692,529
|
|||||||
TOTAL INVESTMENTS - 58.7% (Cost
$32,225,374)
|
$
|
34,877,521
|
||||||
Money Market Deposit Account - 27.8%(b)
|
16,555,880
|
|||||||
Other Assets in Excess of Liabilities - 13.5%(c)
|
8,110,944
|
|||||||
TOTAL NET ASSETS - 100.0%
|
$
|
59,544,325
|
||||||
Percentages are stated as a percent of net assets.
|
NV - Naamloze Vennootschap
|
PLC - Public Limited Company
|
(a)
|
Non-income producing security.
|
(b)
|
The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA
will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of March 31, 2024 was 5.24%.
|
(c)
|
Includes assets pledged as collateral for securities sold short and due to broker for derivatives. As of the reporting date, the
net value of these assets totals $15,670,024.
|
LoCorr Dynamic Opportunity Fund
|
||||||||
Schedule of Securities Sold Short
|
||||||||
as of March 31, 2024 (Unaudited)
|
||||||||
COMMON STOCKS - (14.4)%
|
Shares
|
Value
|
||||||
Apparel - (0.2)%
|
||||||||
Crocs, Inc.
|
(439
|
)
|
$
|
(63,128
|
)
|
|||
Torrid Holdings, Inc.
|
(7,601
|
)
|
(37,093
|
)
|
||||
(100,221
|
)
|
|||||||
Banks - (2.0)%
|
||||||||
Bank of America Corp.
|
(10,597
|
)
|
(401,838
|
)
|
||||
Goldman Sachs Group, Inc.
|
(462
|
)
|
(192,973
|
)
|
||||
JPMorgan Chase & Co.
|
(2,010
|
)
|
(402,603
|
)
|
||||
M&T Bank Corp.
|
(891
|
)
|
(129,587
|
)
|
||||
(1,127,001
|
)
|
|||||||
Building Materials - (0.2)%
|
||||||||
Masco Corp.
|
(1,681
|
)
|
(132,597
|
)
|
||||
Commercial Services - (0.1)%
|
||||||||
Cross Country Healthcare, Inc.
|
(2,196
|
)
|
(41,109
|
)
|
||||
Computers - (0.3)%
|
||||||||
DXC Technology Co.
|
(7,954
|
)
|
(168,704
|
)
|
||||
Diversified Financial Services - (1.2)%
|
||||||||
Capital One Financial Corp.
|
(2,745
|
)
|
(408,703
|
)
|
||||
Coinbase Global, Inc. - Class A
|
(247
|
)
|
(65,485
|
)
|
||||
FTAI Aviation Ltd.
|
(2,208
|
)
|
(148,598
|
)
|
||||
Radian Group, Inc.
|
(2,233
|
)
|
(74,738
|
)
|
||||
(697,524
|
)
|
|||||||
Electronics - (0.6)%
|
||||||||
Advanced Energy Industries, Inc.
|
(2,080
|
)
|
(212,119
|
)
|
||||
Benchmark Electronics, Inc.
|
(5,547
|
)
|
(166,465
|
)
|
||||
(378,584
|
)
|
|||||||
Engineering & Construction - (0.3)%
|
||||||||
Exponent, Inc.
|
(2,208
|
)
|
(182,580
|
)
|
||||
Financial - (0.2)%
|
||||||||
Evercore Partners, Inc. - Class A
|
(646
|
)
|
(124,413
|
)
|
||||
Hand & Machine Tools - (0.2)%
|
||||||||
Lincoln Electric Holdings, Inc.
|
(496
|
)
|
(126,698
|
)
|
||||
Healthcare-Products - (0.8)%
|
||||||||
Avanos Medical, Inc.
|
(7,566
|
)
|
(150,639
|
)
|
||||
Integer Holdings Corp.
|
(1,530
|
)
|
(178,520
|
)
|
||||
RxSight, Inc.
|
(2,891
|
)
|
(149,118
|
)
|
||||
(478,277
|
)
|
|||||||
Home Builders - (0.5)%
|
||||||||
Winnebago Industries, Inc.
|
(3,637
|
)
|
(269,138
|
)
|
||||
Home Furnishings - (0.1)%
|
||||||||
Traeger, Inc.
|
(19,466
|
)
|
(49,249
|
)
|
||||
Insurance - (0.1)%
|
||||||||
MGIC Investment Corp.
|
(3,244
|
)
|
(72,536
|
)
|
||||
Internet - (0.5)%
|
||||||||
Meta Platforms, Inc. - Class A
|
(497
|
)
|
(241,333
|
)
|
||||
Robinhood Markets, Inc. - Class A
|
(3,374
|
)
|
(67,919
|
)
|
||||
(309,252
|
)
|
|||||||
Leisure Time - (0.7)%
|
||||||||
Brunswick Corp.
|
(2,679
|
)
|
(258,577
|
)
|
||||
Camping World Holdings, Inc. - Class A
|
(4,934
|
)
|
(137,412
|
)
|
||||
(395,989
|
)
|
|||||||
Machinery - Construction & Mining - (0.1)%
|
||||||||
Bloom Energy Corp. - Class A
|
(8,725
|
)
|
(98,069
|
)
|
||||
Metal Fabricate & Hardware - (0.3)%
|
||||||||
Valmont Industries, Inc.
|
(857
|
)
|
(195,636
|
)
|
||||
Mining - (0.2)%
|
||||||||
Freeport-McMoRan, Inc.
|
(2,756
|
)
|
(129,587
|
)
|
||||
Oil & Gas Services - (0.1)%
|
||||||||
DMC Global, Inc.
|
(3,624
|
)
|
(70,632
|
)
|
||||
Pharmaceuticals - (0.3)%
|
||||||||
Perrigo Co. PLC
|
(6,182
|
)
|
(198,999
|
)
|
||||
Retail - (3.3)%
|
||||||||
Abercrombie & Fitch Co. - Class A
|
(2,169
|
)
|
(271,842
|
)
|
||||
Cava Group, Inc.
|
(2,760
|
)
|
(193,338
|
)
|
||||
Clean Energy Fuels Corp.
|
(10,680
|
)
|
(28,622
|
)
|
||||
Dick's Sporting Goods, Inc.
|
(1,142
|
)
|
(256,791
|
)
|
||||
Five Below, Inc.
|
(1,215
|
)
|
(220,377
|
)
|
||||
Floor & Decor Holdings, Inc. - Class A
|
(963
|
)
|
(124,824
|
)
|
||||
Hibbett, Inc.
|
(2,214
|
)
|
(170,057
|
)
|
||||
McDonald's Corp.
|
(894
|
)
|
(252,063
|
)
|
||||
Sweetgreen, Inc. - Class A
|
(5,474
|
)
|
(138,273
|
)
|
||||
Ulta Beauty, Inc.
|
(234
|
)
|
(122,354
|
)
|
||||
Urban Outfitters, Inc.
|
(2,947
|
)
|
(127,959
|
)
|
||||
(1,906,500
|
)
|
|||||||
Semiconductors - (0.5)%
|
||||||||
NVIDIA Corp.
|
(69
|
)
|
(62,346
|
)
|
||||
Power Integrations, Inc.
|
(1,023
|
)
|
(73,196
|
)
|
||||
QUALCOMM, Inc.
|
(1,065
|
)
|
(180,304
|
)
|
||||
(315,846
|
)
|
|||||||
Software - (1.2)%
|
||||||||
AppLovin Corp. - Class A
|
(1,988
|
)
|
(137,609
|
)
|
||||
Blackline, Inc.
|
(2,208
|
)
|
(142,592
|
)
|
||||
Datadog, Inc. - Class A
|
(517
|
)
|
(63,901
|
)
|
||||
Fastly, Inc. - Class A
|
(2,433
|
)
|
(31,556
|
)
|
||||
Privia Health Group, Inc.
|
(6,617
|
)
|
(129,627
|
)
|
||||
ROBLOX Corp. - Class A
|
(2,337
|
)
|
(89,227
|
)
|
||||
Sprout Social, Inc. - Class A
|
(2,129
|
)
|
(127,123
|
)
|
||||
(721,635
|
)
|
|||||||
Telecommunications - (0.4)%
|
||||||||
A10 Networks, Inc.
|
(10,680
|
)
|
(146,209
|
)
|
||||
Calix, Inc.
|
(3,399
|
)
|
(112,711
|
)
|
||||
(258,920
|
)
|
|||||||
TOTAL COMMON STOCKS (Proceeds $8,324,564)
|
(8,549,696
|
)
|
||||||
EXCHANGE TRADED FUNDS - (6.2)%
|
Shares
|
Value
|
||||||
iShares Russell 2000
|
(7,379
|
)
|
(1,551,805
|
)
|
||||
iShares Russell 2000 Growth ETF
|
(2,838
|
)
|
(768,530
|
)
|
||||
ProShares Ultra Financials
|
(1,322
|
)
|
(90,319
|
)
|
||||
SPDR S&P500 Trust
|
(2,420
|
)
|
(1,265,829
|
)
|
||||
TOTAL EXCHANGE TRADED FUNDS (Proceeds $3,484,150)
|
(3,676,483
|
)
|
||||||
REAL ESTATE INVESTMENT TRUSTS -
(0.5)%
|
Shares
|
Value
|
||||||
Vornado Realty Trust
|
(9,423
|
)
|
(271,099
|
)
|
||||
TOTAL REAL ESTATE INVESTMENT TRUSTS (Proceeds $243,168)
|
(271,099
|
)
|
||||||
TOTAL SECURITIES SOLD SHORT - (21.1)% (Proceeds $12,051,882)
|
(12,497,278
|
)
|
||||||
Percentages are stated as a percent of net assets.
|
LoCorr Dynamic Opportunity Fund
|
||||||||||||||||
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
Assets:
|
||||||||||||||||
Common Stocks
|
32,184,992
|
–
|
–
|
32,184,992
|
||||||||||||
Real Estate Investment Trusts
|
2,692,529
|
–
|
–
|
2,692,529
|
||||||||||||
Total Assets
|
34,877,521
|
–
|
–
|
34,877,521
|
||||||||||||
Liabilities:
|
||||||||||||||||
Common Stocks
|
(8,549,696
|
)
|
–
|
–
|
(8,549,696
|
)
|
||||||||||
Exchange Traded Funds
|
(3,676,483
|
)
|
–
|
–
|
(3,676,483
|
)
|
||||||||||
Real Estate Investment Trusts
|
(271,099
|
)
|
–
|
–
|
(271,099
|
)
|
||||||||||
Total Liabilities
|
(12,497,278
|
)
|
–
|
–
|
(12,497,278
|
)
|
||||||||||
Refer to the Schedule of Investments for industry classifications.
|
||||||||||||||||