LoCorr Investment Trust NPORT-P LoCorr Market Trend Fund (Sep 2024 report)

LoCorr Market Trend Fund

Consolidated Schedule of Investments

September 30, 2024 (Unaudited)

U.S. TREASURY SECURITIES - 38.6%	Par			Value
United States Treasury Note
0.25%, 08/31/2025	$	11,715,000	$	11,319,710
0.25%, 10/31/2025	14,525,000			13,963,291
4.25%, 01/31/2026	5,245,000			5,273,479
4.50%, 07/15/2026	19,585,000			19,853,529
4.13%, 02/15/2027	18,025,000			18,228,485
1.88%, 02/28/2027	4,685,000			4,498,149
3.88%, 11/30/2027	3,180,000			3,206,707
3.50%, 01/31/2028	13,610,000			13,574,380
3.63%, 03/31/2028	7,165,000			7,176,195
1.38%, 10/31/2028	15,210,000			13,936,757
3.75%, 12/31/2028	7,860,000			7,908,818
4.25%, 02/28/2029	20,735,000			21,300,353
4.63%, 04/30/2029	12,620,000			13,170,153
TOTAL U.S. TREASURY SECURITIES (Cost $151,190,200)				153,410,006
CORPORATE BONDS - 16.0%	Par			Value
Aerospace & Defense - 0.6%
Boeing Co., 3.25%, 02/01/2028	1,215,000			1,150,644
L3Harris Technologies, Inc., 5.40%, 01/15/2027	715,000			733,687
RTX Corp., 4.13%, 11/16/2028	315,000			314,080
				2,198,411
Agriculture - 0.2%
Philip Morris International, Inc., 4.88%, 02/15/2028	595,000			607,896
Auto Manufacturers - 0.8%
Ford Motor Credit Co. LLC, 5.85%, 05/17/2027	1,095,000			1,114,793
General Motors Financial Co., Inc., 4.90%, 10/06/2029	1,020,000			1,020,928
Toyota Motor Credit Corp.
5.60%, 09/11/2025	315,000			319,023
4.55%, 08/07/2026	235,000			237,461
Volkswagen Group of America Finance LLC, 1.25%, 11/24/2025 (a)	660,000			635,355
				3,327,560
Banks - 6.3%
Banco Santander SA, 3.50%, 03/24/2025	635,000			631,091
Bank of America Corp.
4.38% to 04/27/2027 then SOFR + 1.58%, 04/27/2028	1,930,000			1,932,504
5.82% to 09/15/2028 then SOFR + 1.57%, 09/15/2029	2,710,000			2,850,420
Bank of America NA, 5.53%, 08/18/2026	2,530,000			2,597,504
Canadian Imperial Bank of Commerce, 3.45%, 04/07/2027	450,000			441,979
Citibank NA, 4.93%, 08/06/2026	1,130,000			1,146,616
Credit Suisse AG, 5.00%, 07/09/2027	465,000			475,040
Deutsche Bank AG/New York NY, 5.00% to 09/11/2029 then SOFR + 1.70%, 09/11/2030	280,000			281,389
Federation des Caisses Desjardins du Quebec, 5.70%, 03/14/2028 (a)	715,000			738,767
Goldman Sachs Group, Inc.
5.80% to 08/10/2025 then SOFR + 1.08%, 08/10/2026	2,030,000			2,047,804
6.48% to 10/24/2028 then SOFR + 1.77%, 10/24/2029	405,000			435,757
HSBC Holdings PLC, 6.16% to 03/09/2028 then SOFR + 1.97%, 03/09/2029	590,000			620,844
ING Groep NV, 3.87% to 03/28/2025 then SOFR + 1.64%, 03/28/2026	580,000			577,136
JPMorgan Chase & Co., 5.00% to 07/22/2029 then SOFR + 1.13%, 07/22/2030	2,390,000			2,458,155
Morgan Stanley, 5.04% to 07/19/2029 then SOFR + 1.22%, 07/19/2030	1,400,000			1,438,187
Morgan Stanley Bank NA, 4.95% to 01/14/2027 then SOFR + 1.08%, 01/14/2028	1,825,000			1,852,106
NatWest Markets PLC, 5.41%, 05/17/2029 (a)	675,000			701,633
Toronto-Dominion Bank
3.77%, 06/06/2025	445,000			442,544
1.25%, 09/10/2026	1,055,000			1,000,937
UBS Group AG, 6.33% to 12/22/2026 then 1 yr. CMT Rate + 1.60%, 12/22/2027 (a)	645,000			671,300
Wells Fargo & Co., 5.57% to 07/25/2028 then SOFR + 1.74%, 07/25/2029	1,720,000			1,788,674
				25,130,387
Beverages - 0.2%
PepsiCo, Inc., 5.13%, 11/10/2026	645,000			661,465
Biotechnology - 0.2%
Amgen, Inc., 5.15%, 03/02/2028	840,000			864,976
Building Materials - 0.1%
Trane Technologies Financing Ltd., 3.50%, 03/21/2026	320,000			316,303
Chemicals - 0.1%
Nutrien Ltd., 4.90%, 03/27/2028	305,000			310,899
Cosmetics & Personal Care - 0.5%
Haleon US Capital LLC, 3.38%, 03/24/2027	1,290,000			1,266,608
Unilever Capital Corp., 4.25%, 08/12/2027	760,000			767,397
				2,034,005
Diversified Financial Services - 0.6%
AerCap Ireland Capital/Global Aviation Trust, 6.10%, 01/15/2027	1,415,000			1,464,837
Air Lease Corp., 5.85%, 12/15/2027	760,000			792,196
Private Export Funding Corp., 3.25%, 06/15/2025	200,000			198,549
				2,455,582
Electric - 1.0%
Duke Energy Progress LLC, 3.45%, 03/15/2029	455,000			442,771
Florida Power & Light Co.
5.05%, 04/01/2028	790,000			814,980
4.40%, 05/15/2028	1,000,000			1,011,491
Georgia Power Co., 5.00%, 02/23/2027	880,000			899,089
NSTAR Electric Co., 3.20%, 05/15/2027	650,000			635,210
Southern California Edison Co., 1.20%, 02/01/2026	200,000			191,715
				3,995,256
Electronics - 0.3%
Honeywell International, Inc.
4.65%, 07/30/2027	825,000			841,431
4.88%, 09/01/2029	340,000			352,136
				1,193,567
Entertainment - 0.1%
Warnermedia Holdings, Inc., 3.76%, 03/15/2027	555,000			536,515
Food - 0.1%
Sysco Corp., 3.25%, 07/15/2027	555,000			540,576
Healthcare-Products - 0.2%
Baxter International, Inc., 1.32%, 11/29/2024	740,000			735,026
Healthcare-Services - 0.2%
HCA, Inc., 3.13%, 03/15/2027	780,000			757,932
Insurance - 0.3%
Equitable Financial Life Global, 1.40%, 07/07/2025 (a)	460,000			448,597
Metropolitan Life Global Funding I, 5.05%, 01/06/2028 (a)	245,000			250,882
Principal Life Global Funding II, 0.88%, 01/12/2026 (a)	470,000			449,619
				1,149,098
Machinery-Diversified - 0.1%
John Deere Capital Corp., 4.95%, 07/14/2028	340,000			351,100
Media - 0.0%(b)
Charter Communications Operating LLC, 4.91%, 07/23/2025	181,000			180,701
Oil & Gas - 0.1%
Marathon Oil Corp., 5.30%, 04/01/2029	210,000			217,668
Packaging & Containers - 0.1%
Amcor Group Finance PLC, 5.45%, 05/23/2029	305,000			315,831
Pharmaceuticals - 0.9%
AbbVie, Inc., 4.80%, 03/15/2029	335,000			344,575
Astrazeneca Finance LLC, 4.80%, 02/26/2027	280,000			285,363
CVS Health Corp.
2.88%, 06/01/2026	1,310,000			1,278,092
5.00%, 01/30/2029	215,000			219,402
Pfizer Investment Enterprises Pte Ltd., 4.45%, 05/19/2028	1,345,000			1,364,383
				3,491,815
Pipelines - 0.8%
Enbridge, Inc.
2.50%, 02/14/2025	450,000			445,833
6.00%, 11/15/2028	565,000			599,721
Energy Transfer LP, 6.05%, 12/01/2026	1,285,000			1,330,139
South Bow USA Infrastructure Holdings LLC, 4.91%, 09/01/2027 (a)	335,000			337,459
Williams Cos., Inc., 4.90%, 03/15/2029	425,000			431,524
				3,144,676
REITS - 0.8%
American Homes 4 Rent LP, 4.90%, 02/15/2029	315,000			319,171
Brixmor Operating Partnership LP
3.85%, 02/01/2025	450,000			447,435
4.13%, 06/15/2026	385,000			382,786
Essex Portfolio LP, 1.70%, 03/01/2028	315,000			288,430
Kite Realty Group LP, 4.00%, 10/01/2026	990,000			976,131
Prologis Targeted US Logistics Fund LP, 5.25%, 04/01/2029 (a)	730,000			751,444
				3,165,397
Retail - 0.4%
Home Depot, Inc., 4.88%, 06/25/2027	525,000			538,397
O'Reilly Automotive, Inc.
5.75%, 11/20/2026	765,000			788,624
4.20%, 04/01/2030	315,000			312,274
				1,639,295
Semiconductors - 0.1%
Texas Instruments, Inc., 4.60%, 02/08/2027	410,000			416,460
Software - 0.1%
Oracle Corp., 2.30%, 03/25/2028	510,000			478,742
Telecommunications - 0.8%
AT&T, Inc., 2.30%, 06/01/2027	805,000			768,519
T-Mobile USA, Inc.
4.80%, 07/15/2028	530,000			539,696
4.85%, 01/15/2029	1,030,000			1,051,153
Verizon Communications, Inc., 2.10%, 03/22/2028	850,000			792,716
				3,152,084
TOTAL CORPORATE BONDS (Cost $62,176,654)				63,369,223
MORTGAGE-BACKED SECURITIES - 8.8%	Par			Value
Alen Mortgage Trust, Series 2021-ACEN, Class A, 6.36% (1 mo. Term SOFR + 1.26%), 04/15/2034 (a)	600,000			543,000
Banc of America-Remic Trust, Series 2022-DKLX, Class A, 6.25% (1 mo. Term SOFR + 1.15%), 01/15/2039 (a)	1,250,000			1,241,797
BANK-2022, Series 2022-BNK39, Class A1, 1.74%, 02/15/2055	342,920			330,597
BX Trust
Series 2022-VAMF, Class B, 6.38% (1 mo. Term SOFR + 1.28%), 01/15/2039 (a)	250,000			247,656
Series 2024-XL5, Class A, 6.49% (1 mo. Term SOFR + 1.39%), 03/15/2041 (a)	1,386,851			1,386,934
Citigroup Commercial Mortgage Trust, Series 2014-GC25, Class A4, 3.64%, 10/10/2047	145,206			144,991
Computershare Corporate Trust, Series 2015-NXS1, Class A5, 3.15%, 05/15/2048	750,000			742,397
ELP Commercial Mortgage Trust
Series 2021-ELP, Class A, 5.91% (1 mo. Term SOFR + 0.82%), 11/15/2038 (a)	1,445,318			1,433,574
Series 2021-ELP, Class B, 6.33% (1 mo. Term SOFR + 1.23%), 11/15/2038 (a)	948,896			944,719
Fannie Mae Connecticut Avenue Securities
Series 2018-C05, Class 1M2, 7.74% (30 day avg SOFR US + 2.46%), 01/25/2031	440,567			452,621
Series 2022-R03, Class 1M2, 8.78% (30 day avg SOFR US + 3.50%), 03/25/2042 (a)	2,000,000			2,102,167
Series 2022-R04, Class 1M2, 8.38% (30 day avg SOFR US + 3.10%), 03/25/2042 (a)	1,150,000			1,198,045
Series 2022-R05, Class 2M2, 8.28% (30 day avg SOFR US + 3.00%), 04/25/2042 (a)	35,000			36,138
Series 2022-R06, Class 1M2, 9.13% (30 day avg SOFR US + 3.85%), 05/25/2042 (a)	285,000			302,787
Series 2022-R07, Class 1M2, 9.91% (30 day avg SOFR US + 4.65%), 06/25/2042 (a)	1,050,000			1,135,013
Series 2022-R08, Class 1M2, 8.88% (30 day avg SOFR US + 3.60%), 07/25/2042 (a)	1,930,000			2,038,258
Series 2023-R01, Class 1M2, 9.01% (30 day avg SOFR US + 3.75%), 12/25/2042 (a)	865,000			927,223
Series 2023-R02, Class 1M2, 8.63% (30 day avg SOFR US + 3.35%), 01/25/2043 (a)	1,445,000			1,522,800
Series 2023-R04, Class 1M2, 8.81% (30 day avg SOFR US + 3.55%), 05/25/2043 (a)	600,000			641,134
Freddie Mac Structured Agency Credit Risk Debt Notes
Series 2022-DNA3, Class M1B, 8.18% (30 day avg SOFR US + 2.90%), 04/25/2042 (a)	2,050,000			2,120,324
Series 2022-DNA5, Class M1B, 9.78% (30 day avg SOFR US + 4.50%), 06/25/2042 (a)	2,185,000			2,342,933
Series 2022-DNA6, Class M1B, 8.98% (30 day avg SOFR US + 3.70%), 09/25/2042 (a)	720,000			760,500
Series 2023-DNA1, Class M1B, 8.36% (30 day avg SOFR US + 3.10%), 03/25/2043 (a)	745,000			779,815
Series 2023-DNA2, Class M1B, 8.51% (30 day avg SOFR US + 3.25%), 04/25/2043 (a)	1,605,000			1,685,274
GCT Commercial Mortgage Trust, Series 2021-GCT, Class A, 6.01% (1 mo. Term SOFR + 0.91%), 02/15/2038 (a)	750,000			673,534
GS Mortgage Securities Corp. II, Series 2021-ARDN, Class A, 6.46% (1 mo. Term SOFR + 1.36%), 11/15/2036 (a)	1,500,000			1,485,192
JP Morgan Chase Commercial Mortgage Securities, Series 2021-MHC, Class A, 6.26% (1 mo. Term SOFR + 1.16%), 04/15/2038 (a)	330,714			329,990
JPMBB Commercial Mortgage Securities Trust, Series 2014-C22, Class AS, 4.11%, 09/15/2047	667,057			637,067
MTN Commercial Mortgage Trust, Series 2022-LPFL, Class A, 6.50% (1 mo. Term SOFR + 1.40%), 03/15/2039 (a)	1,500,000			1,489,687
Natixis Commercial Mortgage Securities Trust, Series 2018-285M, Class A, 3.92%, 11/15/2032 (a)(c)	876,796			832,965
NRTH PARK Mortgage Trust, Series 2024-PARK, Class A, 6.74% (1 mo. Term SOFR + 1.64%), 03/15/2039 (a)	1,400,000			1,400,630
NYC Commercial Mortgage Trust, Series 2024-3ELV, Class A, 7.09% (1 mo. Term SOFR + 1.99%), 08/15/2029 (a)	1,000,000			1,003,744
PKHL Commercial Mortgage Trust, Series 2021-MF, Class A, 6.09% (1 mo. Term SOFR + 0.99%), 07/15/2038 (a)	1,000,000			955,039
SMR Mortgage Trust, Series 2022-IND, Class A, 6.75% (1 mo. Term SOFR + 1.65%), 02/15/2039 (a)	1,144,596			1,124,631
Verus Securitization Trust, Series 2020-1, Class A1, 3.42%, 01/25/2060 (a)(d)	48,758			47,653
TOTAL MORTGAGE-BACKED SECURITIES (Cost $35,219,737)				35,040,829
U.S. GOVERNMENT AGENCY ISSUES - 8.6%	Par			Value
Federal Farm Credit Banks Funding Corp., 4.38%, 03/08/2027	6,555,000			6,668,762
Federal Home Loan Banks
1.00%, 12/20/2024	1,980,000			1,964,166
2.07%, 08/28/2025	2,145,000			2,101,878
0.60%, 02/12/2026	1,990,000			1,902,930
1.00%, 03/23/2026	1,950,000			1,868,956
4.63%, 09/11/2026	7,070,000			7,193,678
4.75%, 04/09/2027	4,050,000			4,160,243
1.10%, 02/25/2028	2,365,000			2,164,457
Federal National Mortgage Association
1.88%, 09/24/2026	2,735,000			2,638,514
0.75%, 10/08/2027	3,825,000			3,515,459
TOTAL U.S. GOVERNMENT AGENCY ISSUES (Cost $33,581,284)				34,179,043
ASSET-BACKED SECURITIES - 7.9%	Par			Value
American Express Travel Related Services Co., Inc., Series 2024-1, Class A, 5.23%, 04/15/2029	1,870,000			1,924,516
Angel Oak Mortgage Trust LLC, Series 2020-5, Class A3, 2.04%, 05/25/2065 (a)(c)	13,897			13,257
Avis Budget Car Rental LLC, Series 2023-2A, Class A, 5.20%, 10/20/2027 (a)	200,000			202,371
CarMax Auto Owner Trust, Series 2021-4, Class A3, 0.56%, 09/15/2026	190,552			187,415
Carvana Auto Receivables Trust, Series 2022-P3, Class A3, 4.61%, 11/10/2027	1,549,669			1,547,817
CNH Equipment Trust, Series 2024-C, Class A3, 4.03%, 01/15/2030	1,000,000			997,708
DB Master Finance Parent LLC, Series 2021-1A, Class A2I, 2.05%, 11/20/2051 (a)	632,125			598,960
Ford Credit Auto Owner Trust
Series 2024-A, Class A3, 5.09%, 12/15/2028	1,175,000			1,196,449
Series 2024-C, Class A3, 4.07%, 07/15/2029	2,450,000			2,450,011
GM Financial Consumer Automobile Receivables Trust
Series 2021-3, Class A3, 0.48%, 06/16/2026	186,143			184,398
Series 2023-4, Class A3, 5.78%, 08/16/2028	1,380,000			1,412,507
Series 2024-2, Class A3, 5.10%, 03/16/2029	825,000			840,568
GM Financial Leasing Trust, Series 2024-2, Class A3, 5.39%, 07/20/2027	2,280,000			2,324,308
Hilton Grand Vacations, Inc.
Series 2019-AA, Class A, 2.34%, 07/25/2033 (a)	176,364			171,661
Series 2023-1A, Class A, 5.72%, 01/25/2038 (a)	97,971			100,711
Series 2024-2A, Class A, 5.50%, 03/25/2038 (a)	443,867			453,910
Honda Auto Receivables Owner Trust, Series 2024-1, Class A3, 5.21%, 08/15/2028	940,000			956,841
IPFS Corp.
Series 2022-D, Class A, 4.27%, 08/15/2027 (a)	1,200,000			1,196,238
Series 2024-B, Class A, 4.95%, 02/15/2029 (a)	500,000			508,044
Series 2024-D, Class A, 5.34%, 04/15/2029 (a)	1,240,000			1,270,620
Marriott Vacations Worldwide Corp., Series 2018-A, Class A, 3.56%, 02/20/2036 (a)	98,313			98,167
MVW Owner Trust
Series 2019-1A, Class A, 2.89%, 11/20/2036 (a)	377,665			372,943
Series 2024-1A, Class A, 5.32%, 02/20/2043 (a)	2,649,558			2,703,968
Planet Fitness SPV Guarantor LLC, Series 2022-1A, Class A2I, 3.25%, 12/05/2051 (a)	780,000			759,168
Santander Consumer USA, Inc., Series 2022-6, Class A3, 4.49%, 11/16/2026	71,587			71,565
Sierra Timeshare Conduit Receivables Funding LLC, Series 2023-2A, Class A, 5.80%, 04/20/2040 (a)	158,032			160,319
Taco Bell Corp., Series 2021-1A, Class A2I, 1.95%, 08/25/2051 (a)	1,007,063			943,609
T-Mobile US Trust 2024-1, Series 2024-1A, Class A, 5.05%, 09/20/2029 (a)	610,000			618,711
Toyota Auto Loan Extended Note Trust, Series 2020-1A, Class A, 1.35%, 05/25/2033 (a)	500,000			489,377
Toyota Auto Receivables Owner Trust, Series 2024-B, Class A3, 5.33%, 01/16/2029	2,850,000			2,916,303
Toyota Lease Owner Trust, Series 2024-A, Class A3, 5.25%, 04/20/2027 (a)	2,350,000			2,383,114
Volkswagen Auto Lease Trust, Series 2024-A, Class A3, 5.21%, 06/21/2027	1,300,000			1,318,882
TOTAL ASSET-BACKED SECURITIES (Cost $31,045,183)				31,374,436
COLLATERALIZED MORTGAGE OBLIGATIONS - 0.7%	Par			Value
BLP Commercial Mortgage Trust, Series 2024-IND2, Class B, 6.79% (1 mo. Term SOFR + 1.69%), 03/15/2041 (a)	530,000			528,012
Fannie Mae Connecticut Avenue Securities, Series 2023-R05, Class 1M2, 8.36% (30 day avg SOFR US + 3.10%), 06/25/2043 (a)	550,000			576,678
Freddie Mac Structured Agency Credit Risk Debt Notes
Series 2021-HQA2, Class M2, 7.33% (30 day avg SOFR US + 2.05%), 12/25/2033 (a)	578,042			589,559
Series 2023-HQA1, Class M1B, 8.78% (30 day avg SOFR US + 3.50%), 05/25/2043 (a)	890,000			942,121
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $2,645,632)				2,636,370
MUNICIPAL BONDS - 0.2%	Par			Value
State of Hawaii, 1.03%, 08/01/2025	720,000			701,959
TOTAL MUNICIPAL BONDS (Cost $720,000)				701,959
TOTAL INVESTMENTS - 80.8% (Cost $316,578,690)				320,711,866
Money Market Deposit Account - 6.0% (e)(f)				23,766,233
Other Assets in Excess of Liabilities - 13.2%(g)				52,484,584
TOTAL NET ASSETS - 100.0%			$	396,962,683
Percentages are stated as a percent of net assets.

AG - Aktiengesellschaft

CMT - Constant Maturity Treasury Rate

NV - Naamloze Vennootschap

PLC - Public Limited Company

REIT - Real Estate Investment Trust

SA - Sociedad Anónima

SOFR - Secured Overnight Financing Rate

(a)	Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of September 30, 2024, the value of these securities total $53,399,730 or 13.5% of the Fund’s net assets.
(b)	Represents less than 0.05% of net assets.
(c)	Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of September 30, 2024.
(d)	Step coupon bond. The rate disclosed is as of September 30, 2024.
(e)	A portion of this security is pledged as collateral for derivative contracts. As of the reporting date, the value of this collateral totals $408,820.
(f)	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 September 30, 2024 was 4.70%.
(g)	Includes assets pledged as collateral for derivatives contracts. As of the reporting date, the value of these assets total $53,097,182.

LoCorr Market Trend Fund

Consolidated Schedule of Futures Contracts

September 30, 2024 (Unaudited)

Description	Contracts Purchased	Expiration Date		Notional Value		Value / Unrealized Appreciation (Depreciation)
3 Month Euribor	1,321	12/15/2025	$	360,964,518	$	810,806
3-Month Secured Overnight Financing Rate	2,645	03/17/2026		641,412,500		308,520
Arabica Coffee	139	12/18/2024		14,086,781		1,674,897
Austrailian Government 10 Year Bonds	571	12/16/2024		45,948,544		(357,204)
Canadian 10 Year Government Bonds	646	12/18/2024		59,711,235		442,168
Dow Jones Industrial Average Index	242	12/20/2024		51,598,030		708,947
Euro STOXX 50 Quanto Index	321	12/20/2024		17,973,284		426,318
Euro-BOBL	317	12/06/2024		42,361,941		75,252
Euro-Bund	238	12/06/2024		35,744,376		190,651
Euro-Schatz	1,606	12/06/2024		191,599,098		390,686
FTSE 100 Index	452	12/20/2024		50,087,597		(602,253)
German Stock Index	95	12/20/2024		51,560,778		1,476,376
Gold	159	12/27/2024		42,284,460		3,191,338
Hang Seng Index	103	10/30/2024		14,096,194		311,914
ICE 3 Month SONIA Rate	198	03/17/2026		63,895,945		19,551
London Cocoa	28	12/12/2024		1,961,950		(39,947)
London Metals - Aluminum	171	12/16/2024		11,171,131		611,465
London Metals - Copper	105	12/16/2024		25,778,419		1,282,523
London Metals - Zinc	93	12/16/2024		7,190,504		566,883
Nasdaq 100 Index	59	12/20/2024		23,908,275		129,820
Nikkei 225 Index	40	12/12/2024		10,561,837		310,857
Russell 2000 Index	135	12/20/2024		15,182,100		156,553
S&P 500 Index	159	12/20/2024		46,223,288		827,771
Silver	59	12/27/2024		9,280,110		319,582
TOPIX Index	63	12/12/2024		11,604,975		375,295
U.S. Treasury 10 Year Notes	674	12/19/2024		77,025,562		(66,005)
U.S. Treasury 2 Year Notes	1,547	12/31/2024		322,150,665		579,826
U.S. Treasury 5 Year Note	1,340	12/31/2024		147,242,970		(83,925)
U.S. Treasury Long Bonds	159	12/19/2024		19,745,813		(157,480)
					$	13,881,185
						–

Description	Contracts old	Expiration Date	Notional Value		Value / Unrealized Appreciation (Depreciation)
10 Year Japanese Government Bonds	(16)	12/12/2024	$ 1,609,852		3,055
Brent Crude Oil	(123)	10/31/2024	8,819,100		125,703
CAC40 10 Euro Index	(218)	10/18/2024	18,562,821		(428,293)
Corn No. 2 Yellow	(646)	12/13/2024	13,719,425		1,102,480
Cotton No.2	(99)	12/06/2024	3,643,695		(39,817)
Crude Oil	(48)	10/22/2024	3,272,160		(3,110)
Crude Soybean Oil	(135)	12/13/2024	3,508,110		27,512
Dollar Index	(20)	12/16/2024	2,010,420		(2,143)
Hard Red Winter Wheat	(198)	12/13/2024	5,779,125		(245,475)
Japanese 10 Year Government Bonds	(86)	12/13/2024	86,553,488		(240,521)
London Metals - Aluminum	(159)	12/16/2024	10,387,192		(808,461)
London Metals - Copper	(57)	12/16/2024	13,993,999		(921,272)
London Metals - Zinc	(65)	12/16/2024	5,025,621		(536,746)
Long Gilt	(12)	12/27/2024	1,579,154		9,322
Low Sulphur Gas Oil	(242)	11/12/2024	15,978,050		(192,931)
Natural Gas	(214)	10/29/2024	6,255,220		(659,552)
NY Harbor ULSD	(190)	10/31/2024	17,192,112		(36,698)
Reformulated Gasoline Blendstock	(151)	10/31/2024	12,272,404		272,692
Soybean Meal	(159)	12/13/2024	5,431,440		(315,397)
Soybeans	(325)	11/14/2024	17,176,250		1,169,330
Sugar #11	(8)	02/28/2025	201,331		(26,430)
Wheat	(262)	12/13/2024	7,650,400		45,547
				$	(1,701,205)
Total Unrealized Appreciation (Depreciation)				$	12,179,980

LoCorr Market Trend Fund

Consolidated Schedule of Forward Currency Contracts

September 30, 2024 (Unaudited)

Counterparty	Settlement Date	Currency Purchased		Currency Sold			Unrealized Appreciation (Depreciation)
Bank of America	12/18/2024	AUD	24,139,000	USD	16,358,169	$	343,762
Bank of America	12/18/2024	CAD	43,551,000	USD	32,164,817		103,951
Bank of America	12/18/2024	CHF	12,610,000	USD	15,036,701		(3,373)
Bank of America	12/18/2024	EUR	32,980,000	USD	36,492,787		339,132
Bank of America	12/18/2024	GBP	83,336,000	USD	108,499,556		2,895,877
Bank of America	12/18/2024	JPY	136,273,000	USD	968,303		(9,617)
Bank of America	12/18/2024	MXN	7,055,000	USD	360,606		(6,729)
Bank of America	12/18/2024	NZD	34,955,000	USD	21,823,522		386,303
Bank of America	12/18/2024	USD	31,172,733	AUD	46,949,000		(1,311,585)
Bank of America	12/18/2024	USD	58,984,884	CAD	80,103,000		(366,798)
Bank of America	12/18/2024	USD	2,245,459	CHF	1,887,000		(4,175)
Bank of America	12/18/2024	USD	27,503,093	EUR	24,650,000		(25,918)
Bank of America	12/18/2024	USD	16,081,187	GBP	12,061,000		(40,781)
Bank of America	12/18/2024	USD	38,340,410	JPY	5,395,358,000		383,829
Bank of America	12/18/2024	USD	24,888,261	MXN	503,194,000		(351,797)
Bank of America	12/18/2024	USD	14,449,967	NZD	23,642,000		(571,767)
Total Unrealized Appreciation (Depreciation)						$	1,760,314

AUD - Australian Dollar

CAD - Canadian Dollar

CHF - Swiss Franc

EUR - Euro

GBP - British Pound

JPY - Japanese Yen

MXN - Mexican Peso

NZD - New Zealand Dollar

USD - United States Dollar

Summary of Fair Value Disclosure as of September 30, 2024 (Unaudited)

LoCorr Market Trend Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund’s securities as of September 30, 2024:

	Level 1			Level 2			Level 3		Total
Assets:
Investments:
U.S. Treasury Securities	$	–		$	153,410,006		$	–	$	153,410,006
Corporate Bonds		–			63,369,223			–		63,369,223
Mortgage-Backed Securities		–			35,040,829			–		35,040,829
U.S. Government Agency Issues		–			34,179,043			–		34,179,043
Asset-Backed Securities		–			31,374,436			–		31,374,436
Collateralized Mortgage Obligations		–			2,636,370			–		2,636,370
Municipal Bonds		–			701,959			–		701,959
Total Investments	$	–		$	320,711,866		$	–	$	320,711,866
Other Financial Instruments*:
Futures Contracts		17,943,640			–			–		17,943,640
Forwards		–			4,452,854			–		4,452,854
Total Other Financial Instruments	$	17,943,640		$	4,452,854		$	–	$	22,396,494
Liabilities:
Other Financial Instruments*:
Futures Contracts		(5,763,660	)		–			–		(5,763,660	)
Forwards		–			(2,692,540	)		–		(2,692,540	)
Total Other Financial Instruments	$	(5,763,660	)	$	(2,692,540	)	$	–	$	(8,456,200	)
* The fair value of the Fund's investment represents the net unrealized appreciation (depreciation) as of September 30, 2024.
Refer to the Consolidated Schedule of Investments for further disaggregation of investment categories.