Thu, May 15, 5:12 PM (28 days ago)
**LoCorr Futures Portfolio Fund, Limited Partnership (LCORR) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Total Assets:** $101.43 million (down from $109.72 million in Q4 2024) - **Partners' Capital:** $98.83 million (down from $108.12 million in Q4 2024) - **Net Income:** -$4.90 million (down from $18.46 million in Q4 2024) **Revenue & Profit Margins:** - **Net Realized Gain (Loss) on Investments:** -$3.32 million (down from $11.27 million in Q4 2024) - **Net Change in Unrealized Gain (Loss) on Investments:** -$1.22 million (down from $9.37 million in Q4 2024) - **Net Investment Income:** -$0.17 million (down from -$1.96 million in Q4 2024) **Cash Flow:** - **Net Cash Provided by (Used in) Operating Activities:** -$1.84 million (down from $13.47 million in Q4 2024) - **Net Cash Used in Financing Activities:** -$3.15 million (down from -$3.58 million in Q4 2024) **Earnings Changes & Quarterly Performance:** - **Net Asset Value per Unit:** Decreased across all classes (A, A2, B, I, R) - **Total Return:** Negative across all classes (A: -4.75%, A2: -4.42%, B: -4.33%, I: -4.10%, R: -4.28%) **Trends & Uncertainties:** - **Market Performance:** Mixed results across sectors; equities profitable, currencies challenging - **Economic Factors:** Tariff uncertainty, global trade policies, and market volatility impacted performance - **Liquidity & Capital Resources:** No material trends affecting liquidity; capital raised through unit sales **Future Operations Impact:** - **Strategic Allocations:** Continued focus on diversification and speculative trading - **Risk Management:** Emphasis on managing market and credit risks through diversification and margin management - **Regulatory Environment:** Compliance with SEC, CFTC, and other regulatory bodies **Key Metrics:** - **Expenses:** Increased across most categories; higher trading advisor and general partner fees - **Value at Risk:** Aggregated margin requirements indicate potential losses in various market sectors **Conclusion:** LoCorr Futures Portfolio Fund faced challenges in Q1 2025, with negative returns across all unit classes. The fund's performance was impacted by market volatility, economic uncertainties, and sector-specific headwinds. Despite these challenges, the fund remains focused on strategic allocations, risk management, and compliance with regulatory requirements.