# EDGAR Filing Document

**Accession Number:** 0001506768
**File Stem:** 0000894189-23-000852
**Filing Date:** 2023-1
**Character Count:** 13393
**Document Hash:** 7e57dc9c57c7b4b35c18161fd1a6ef53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-23-000852.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0000894189-23-000852

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LoCorr Investment Trust
- **CENTRAL INDEX KEY:** 0001506768
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-171360
- **FILM NUMBER:** 23573123

**BUSINESS ADDRESS:**
- **STREET 1:** 687 EXCELSIOR BLVD
- **CITY:** EXCELSIOR
- **STATE:** MN
- **ZIP:** 55331
- **BUSINESS PHONE:** 952-767-2920

**MAIL ADDRESS:**
- **STREET 1:** 687 EXCELSIOR BLVD
- **CITY:** EXCELSIOR
- **STATE:** MN
- **ZIP:** 55331

## Series and Classes Contracts Data

### LoCorr Macro Strategies Fund (Series ID: S000031540)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | LFMAX         | C000098137 |
| Class C    | LFMCX         | C000098138 |
| Class I    | LFMIX         | C000098139 |

---

### LoCorr Long/Short Commodities Strategy Fund (Series ID: S000035412)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | LCSAX         | C000108780 |
| Class C    | LCSCX         | C000108781 |
| Class I    | LCSIX         | C000108782 |

---

### LoCorr Dynamic Opportunity Fund (Series ID: S000040449)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | LEQAX         | C000125631 |
| Class C    | LEQCX         | C000125632 |
| Class I    | LEQIX         | C000125633 |

---

### LoCorr Spectrum Income Fund (Series ID: S000043632)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | LSPAX         | C000135273 |
| Class C    | LSPCX         | C000135274 |
| Class I    | LSPIX         | C000135275 |

---

### LoCorr Market Trend Fund (Series ID: S000045488)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | LOTAX         | C000141580 |
| Class C    | LOTCX         | C000141581 |
| Class I    | LOTIX         | C000141582 |

---

## Series and Classes Contracts Data

### LoCorr Macro Strategies Fund (Series ID: S000031540)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000098137 | Class A      | LFMAX           |
| C000098138 | Class C      | LFMCX           |
| C000098139 | Class I      | LFMIX           |

### LoCorr Long/Short Commodities Strategy Fund (Series ID: S000035412)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000108780 | Class A      | LCSAX           |
| C000108781 | Class C      | LCSCX           |
| C000108782 | Class I      | LCSIX           |

### LoCorr Dynamic Opportunity Fund (Series ID: S000040449)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000125631 | Class A      | LEQAX           |
| C000125632 | Class C      | LEQCX           |
| C000125633 | Class I      | LEQIX           |

### LoCorr Spectrum Income Fund (Series ID: S000043632)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000135273 | Class A      | LSPAX           |
| C000135274 | Class C      | LSPCX           |
| C000135275 | Class I      | LSPIX           |

### LoCorr Market Trend Fund (Series ID: S000045488)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000141580 | Class A      | LOTAX           |
| C000141581 | Class C      | LOTCX           |
| C000141582 | Class I      | LOTIX           |

Filed pursuant to Rule 497(e)

Registration Nos. 333-171360; 811-22509

![locorrlogoa.jpg](locorrlogoa.jpg)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **LoCorr Macro Strategies Fund** | **LoCorr Macro Strategies Fund** | **LoCorr Macro Strategies Fund** | **LoCorr Long/Short Commodities Strategy Fund** | **LoCorr Long/Short Commodities Strategy Fund** | **LoCorr Long/Short Commodities Strategy Fund** | **LoCorr Long/Short Commodities Strategy Fund** |
| Class | A | LFMAX | | Class | A | LCSAX |
| Class | C | LFMCX | | Class | C | LCSCX |
| Class | I | LFMIX | | Class | I | LCSIX |
| **LoCorr Dynamic Opportunity Fund** | **LoCorr Dynamic Opportunity Fund** | **LoCorr Dynamic Opportunity Fund** | | **LoCorr Spectrum Income Fund** | **LoCorr Spectrum Income Fund** | **LoCorr Spectrum Income Fund** |
| Class | A | LEQAX | | Class | A | LSPAX |
| Class | C | LEQCX | | Class | C | LSPCX |
| Class | I | LEQIX | | Class | I | LSPIX |

---

---

| | | |
|:---|:---|:---|
| **LoCorr Market Trend Fund** | **LoCorr Market Trend Fund** | **LoCorr Market Trend Fund** |
| Class | A | LOTAX |
| Class | C | LOTCX |
| Class | I | LOTIX |

---

(each a "Fund," and together, the "Funds")

*each Fund is a series of LoCorr Investment Trust*

**Supplement dated January 31, 2023 to the** 

**Statement of Additional Information ("SAI") dated May 2, 2022**

    

At a meeting of the Board of Trustees (the "Board") of LoCorr Investment Trust held on November 21, 2022, the Board voted unanimously to increase the size of the Board to eight Trustees, and nominated Mr. Daniel T. ("Dan") O'Lear, Mr. Jeffrey ("Jeff") E. Place and Ms. Cathleen ("Catie") B. Tobin (each, a "Nominee," and collectively, the "Nominees") to join the Board as Independent Trustees. At a special joint meeting of shareholders held on January 20, 2023, the election of each of the Nominees to the Board was approved by shareholders of the Trust. The election of each of the existing Trustees, Mr. Gary Jarrett, Mr. Mark A. Thompson, Mr. Ronald A. Tschetter, Mr. Kevin M. Kinzie and Mr. Jon C. Essen, was also approved by shareholders of the Trust at the special joint meeting on January 20, 2023. The election of the Nominees became effective immediately upon shareholder approval at the special joint meeting.

In addition, effective January 26, 2023, Mr. Gary Jarrett resigned from his position as an Independent Trustee of the Trust. All references to Mr. Jarrett in the SAI should be disregarded.

**Accordingly, all references to the number of Trustees in the SAI are hereby updated to reflect the increase of the size of the Board to seven Trustees. In addition, the following sections of the SAI have been revised to include information related to the new Trustees:**

***The following information is added to the section titled "Trustee Qualifications" beginning on page 30 of the Funds' SAI:***

------

Mr. Dan T. O'Lear has more than 26 years of experience in investment management, including experience serving in several roles at Franklin Templeton Investments and Franklin Templeton Distributors, Inc. At Franklin Templeton Investments, Mr. O'Lear was responsible for investment solutions for retail investors throughout the United States. His role included maintaining relationships with senior management executives at all major clients to negotiate selling agreements between Franklin Templeton Investments and the broker dealer community, as well as liaising with internal leadership of product development, marketing, investment management, legal and compliance, operations and transfer agency. For over ten years, he presented to three independent Franklin Templeton fund boards on share class trends, mutual fund/asset class flows, revenue sharing, distribution strategies, and regulatory issues/proposals on a quarterly basis. Mr. O'Lear currently holds FINRA Series 7 and 24 licenses.

Mr. Jeff E. Place has over 39 years of experience in the financial services field, including experience as Senior Vice President and Head of Sales for Ivy Funds, Managing Director of U.S. Retail Sales for AllianceBernstein, and Senior Vice President and Head of Sales & National Accounts for WM Funds. As a Senior Distribution Executive, Mr. Place worked very closely with all facets of the broader asset management business including: finance, legal compliance, operations/technology, marketing, fund boards, sub-advisors, offshore funds and closed-end funds. In his role as a former senior executive Mr. Place held FINRA Series 7, 24 and 51 licenses.

Ms. Catie B. Tobin has over 40 years in the financial services field, including banking, credit cards, investments, retail brokerage, wealth management as well as clearing and custody services with RBC Wealth Management, Wells Fargo Advisors and Citicorp. Ms. Tobin was previously active in the Securities Industry and Financial Markets Association (SIFMA), served as a member of the industry's Public Trust and Confidence Committee, Chaired the Investor Education Committee and represented her firm on many industry-related committees and task forces. Ms. Tobin has a strong understanding of broker dealer and registered investment advisor operations, including all stages of the product development process from launch, marketing, profitability, IT, compliance oversight and risk management. Ms. Tobin has solid knowledge of the industry's different distribution strategies and how to successfully introduce products and services through advisor led business channels. Ms. Tobin previously held FINRA Series 7, 8, 24, 31 and 53 licenses.

***The Independent Trustees table on page 31 of the Funds' SAI has been revised to reflect updated information as follows:***

**Independent Trustees** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name and Year of Birth** | **Position/Term of Office**<sup>\*</sup> | **Principal Occupation<br>During the Past 5 Years** | **Number of Portfolios in Fund Complex**<sup>\*\*</sup><br> **Overseen by Trustee** | **Other Directorships held by Trustee During the Past 5 Years** |
| Mark A. Thompson<br>Year of Birth: 1959 | Trustee/December 2011 to present | Chairman and Chief Manager, Riverbridge Partners, LLC (investment management), 1987 to present. | 5 |  |
| Ronald A. Tschetter<br>Year of Birth: 1941 | Trustee/January 2011 to present | Mr. Tschetter is presently retired from his principal occupation; Director of the U.S. Peace Corps, September 2006 to January 2009. | 5 |  |
| Dan T. O'Lear<br>Year of Birth: 1961 | Trustee/January 2023 to present | Mr. O'Lear is presently retired (since 2021); President, Franklin Templeton Distributors, 2018-2021; Head of Retail Distribution, Franklin Templeton Distributors, 2014-2018. | 5 |  |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name and Year of Birth** | **Position/Term of Office**<sup>\*</sup> | **Principal Occupation<br>During the Past 5 Years** | **Number of Portfolios in Fund Complex**<sup>\*\*</sup><br> **Overseen by Trustee** | **Other Directorships held by Trustee During the Past 5 Years** |
| Jeff E. Place<br>Year of Birth: 1953 | Trustee/January 2023 to present | Mr. Place is presently retired (since 2016) from his principal occupation as a distribution fund executive. | 5 |  |
| Catie B. Tobin<br>Year of Birth: 1958 | Trustee/January 2023 to present | Ms. Tobin is presently retired (since 2021); Senior Vice President, Director, Field Development & Effectiveness, Wells Fargo Advisors, 2017-2021. | 5 |  |

---

\* The term of office for each Trustee listed above will continue indefinitely.

\*\* The term "Fund Complex" refers to the LoCorr Investment Trust.

***The following information is revised in the section titled "Trustee Ownership" beginning on page 33 of the Funds' SAI:***

***Trustee Ownership***

The following table indicates the dollar range of equity securities that each Trustee beneficially owned in each Fund as of October 31, 2022.

Amount Invested Key:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.$0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.$1-$10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.$10,001-$50,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D.$50,001-$100,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E.Over $100,000

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Name of Trustee** | **Dollar Range of Equity Securities in the Funds** | **Dollar Range of Equity Securities in the Funds** | **Dollar Range of Equity Securities in the Funds** | **Dollar Range of Equity Securities in the Funds** | **Dollar Range of Equity Securities in the Funds** | **Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies** |
| **Name of Trustee** | **Macro Strategies Fund** | **<br>Commodities Strategy Fund** | **<br>Dynamic Opportunity Fund** | **<br>Spectrum Income Fund** | **<br>Market Trend Fund** | **Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Trustee in Family of Investment Companies** |
| Jon C. Essen | E. | C. | C. | C. | C. | E. |
| Kevin M. Kinzie | E. | C. | D. | E. | E. | E. |
| Mark A. Thompson | E. | E. | E. | A. | A. | E. |
| Ronald A. Tschetter | E. | A. | A. | A. | A. | E. |
| Dan T. O'Lear | A. | A. | A. | A. | A. | A. |
| Jeff E. Place | A. | A. | A. | A. | A. | A. |
| Catie B. Tobin | A. | A. | A. | A. | A. | A. |

---

As of October 31, 2022, the Trustees and officers, as a group, owned less than 1% of the outstanding shares of any class of any of the Funds.

**Please retain this Supplement for future reference.**