LoCorr Spectrum Income Fund Class C is a diversified mutual fund designed to generate consistent income while providing risk mitigation and low correlation to traditional bond investments. With a primary objective of current income and a secondary objective of capital appreciation, the fund employs an income-focused strategy that invests in a variety of securities outside of conventional bonds, historically targeting high-income producing assets. This approach aims to deliver regular monthly dividends, as evidenced by its notable dividend distribution frequency and yield. The fund allocates its assets across multiple income-producing securities, seeking to perform well in different interest rate environments, especially during periods of rising interest rates. Classified in the aggressive allocation category, it invests across a spectrum of asset classes, including debt and equity securities issued primarily by U.S. entities, with the intent of balancing income generation and capital growth potential. The fund’s strategy emphasizes portfolio diversification and risk mitigation, making it a distinctive option for investors seeking alternative sources of income and reduced exposure to traditional fixed-income risks within the broader financial market.
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