LoCorr Funds

Despite a middling rating, the portfolio manager retention ratio at LoCorr Funds has been lower than at peer firms over the past five years. A possible area for improvement, as long-term stability tends to go hand in hand with positive results. Experienced longest-tenured management is a core advantage that LoCorr Funds has over peer firms. With 12 years of average asset-weighted tenure across the group, it is clear that they've been put through their paces. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to LoCorr Funds's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the second most-expensive quintile of similarly distributed strategies.