DUKH Fees and Costs — Ocean Park High Income ETF
Data updated: 2026-09-14
The net expense ratio is 1.07% (4.01% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $14K in broker commissions, 0.1356% of average net assets, and portfolio turnover was 402%.
DUKH Fees and Expenses
Annual operating expenses and sales charges of DUKH. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.07% |
| Gross expense ratio | 4.01% |
| Fee waiver | −2.94% |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DUKH Costs Over Time
On $10,000 invested in DUKH, assuming 5% a year before costs, total costs come to $751 over 5 years, cutting the return by 1.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.07%) | $112 | $350 | $605 |
| Trading costs (broker commissions) | $14 | $44 | $77 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $127 | $414 | $751 |
| Value after costs | $10,373 | $11,163 | $12,012 |
| Impact on return, per year | 1.27% | 1.27% | 1.27% |
DUKH Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1356%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $26.3M
- Portfolio turnover (prospectus): 402%
- Securities lending: none during the year
DUKH Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $14K | 96.77% |
| Mischler Financial Group, Inc. | $458 | 3.23% |
DUKH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $12.9M | 49.21% |
| Virtu Americas LLC | $11.7M | 44.38% |
| Bofa Securities, Inc. | $1.2M | 4.59% |
| Goldman Sachs & Co. LLC | $479K | 1.82% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.