DUKH — Ocean Park High Income ETF
Data updated: 2026-08-27
DUKH — Ocean Park High Income ETF. United States Multi-Cap / All-Cap Value Equity · $21.81M AUM. Holdings, fees, performance and SEC filings.
DUKH Fund Overview
DUKH — Ocean Park High Income ETF is a US ETF managed by Northern Lights Fund Trust, categorised as United States Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Northern Lights Fund Trust
- Category: United States Multi-Cap / All-Cap Value Equity
- Assets under management: $21.81M
- 1-year return: 4.0%
- Ticker: DUKH
- SEC CIK: 0001314414
- SEC series ID: S000085658
- Share class ID: C000250992
DUKH Investment Objective and Strategy
Ocean Park High Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust.
Investment objective
Investment Objectives: The Fund has two objectives, to provide total return and to limit exposure to downside risk.
Principal investment strategy
Principal Investment Strategies: The Fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by tactically allocating the Funds assets between unaffiliated higher yielding ETFs (High Income ETFs), long-term Treasury ETFs (Treasury ETFs) and cash equivalents. For the purposes of this prospectus, High Income ETFs and Treasury ETFs are collectively referred to as Underlying ETFs. The Fund defines higher yielding ETFs as those which principally invest in high yield (commonly known as junk bonds, whose issuers have a non-investment grade rating or are not rated) corporate and municipal bonds, emerging market bonds, preferred securities and bank loans. High Income ETFs may invest in issues of any duration or maturity. The Underlying ETFs that the Fund invests in may be passively managed or actively managed.
The Fund may invest without constraint in high yield ETFs and emerging market bond ETFs. The Fund considers Underlying ETFs which principally invest in non-investment grade debt issues to be high yield ETFs. The Fund considers High Income ETFs which principally invest in emerging market bond debt issues to be emerging market bond ETFs. The Fund considers emerging market issuers to be those located in countries represented in the Morningstar Emerging Markets Index. The Fund uses a fund of funds approach and may engage in frequent trading. Under normal market conditions, the Fund expects to invest substantially all of its assets in High Income ETFs. At times, the Fund may be partially invested in Treasury ETFs. At times, the Fund may be fully or partially invested in cash equivalents. The Fund may also engage in securities lending of its portfolio securities.
The Funds investment adviser, Ocean Park Asset Management, LLC (the Adviser), employs a proprietary trend following strategy to generate buy and sell signals for High Income ETFs. The Adviser calculates upper and lower bands for each High Income ETF. The upper and lower bands are offset above and below a short-term exponential moving average. A Buy signal, which identifies a potential uptrend for a High Income ETF, is determined by a securitys price rising above both the recent low of its upper band and a secondary moving average. The Adviser uses quantitative analysis to determine which High Income ETFs to purchase. The Fund has no limits or constraints on the number or type of High Income ETFs in which it can invest. A High Income ETF is sold when a securitys price falls below the recent high of its lower band (a Sell signal), the goal being to limit drawdowns of the overall Fund.
When a position is sold, the proceeds may be invested in an alternative High Income ETF, Treasury ETF or temporarily invested in cash equivalents. Cash equivalents may include, but are not limited to, U.S. Treasury bills, money market funds and ETFs that primarily invest in investment grade short-term bonds. The Advisers proprietary trend following strategy to generate buy and sell signals and quantitative analysis are also applied for Treasury ETFs. The Fund may invest in Treasury ETFs when there are limited buy signals in High Income ETFs. When invested in Treasury ETFs, the Fund may sell all or a portion of Treasury ETFs as High Income ETFs enter buy signals. The Fund has no limits or constraints on the number or type of Treasury ETFs in which it can invest. The Adviser periodically reviews the allocation of Underlying ETFs and may make adjustments to Underlying ETF holdings, including adding or removing Underlying ETFs.
DUKH Holdings
Top 7 holdings of Ocean Park High Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Spdr Series Trust | 39.86% |
| Global X Funds | 20.00% |
| Invesco Exchange-Traded Fund Trust Ii | 19.75% |
| Spdr Series Trust | 10.15% |
| Ishares Trust | 5.07% |
| Vaneck ETF Trust | 4.97% |
| Bbh Sweep Vehicle | 0.28% |
DUKH Portfolio Allocation
Asset-class allocation of Ocean Park High Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.3% |
DUKH Performance
Total returns for DUKH (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.5% |
| 1 year | 4.0% |
| 3 years (annualised) | 2.9% |
DUKH Risk Information
Risk metrics for DUKH, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.9%
DUKH Costs and Fees
DUKH costs about $107 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.07%
- Gross expense ratio: 4.01%
- Portfolio turnover: 402%
- Brokerage commissions: 21.06 bps of average net assets (SEC N-CEN)
DUKH Cashflows
Over the 12 months to 2026-06, Ocean Park High Income ETF had net inflows of $15.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $2.87M |
| 2026-05 | $8.18M |
| 2026-04 | −$483.13K |
| 2026-03 | $971.00K |
| 2026-02 | $735.42K |
| 2026-01 | $415 |
DUKH Debt Constituents
No individual debt constituents are reported in Ocean Park High Income ETF's latest SEC N-PORT filing.
DUKH Prospectus and SEC Filings
Official Ocean Park High Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.