DUKZ — Ocean Park Diversified Income ETF
Data updated: 2026-08-27
DUKZ — Ocean Park Diversified Income ETF. Alternative · $47.33M AUM · 1.03% expense ratio · 6.6% 1-yr return. Holdings, fees, performance and SEC filings.
DUKZ Fund Overview
DUKZ — Ocean Park Diversified Income ETF is a US ETF managed by Northern Lights Fund Trust, categorised as Alternative. 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: Alternative
- Assets under management: $47.33M
- 1-year return: 6.6%
- Ticker: DUKZ
- SEC CIK: 0001314414
- SEC series ID: S000085656
- Share class ID: C000250990
DUKZ Investment Objective and Strategy
Ocean Park Diversified 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 fixed income ETFs (Underlying ETFs) and cash equivalents. The universe of Underlying ETFs is unconstrained and includes, but is not limited to, those which may invest in Treasury bonds, investment grade corporate and municipal bonds, high yield (commonly known as junk bonds, whose issuers have a non-investment grade rating or are not rated) corporate and municipal bonds, mortgage-backed securities, international bonds, emerging market bonds, convertible bonds, preferred securities and bank loans. Underlying 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, international bond 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 Underlying 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 Underlying 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 Underlying ETFs. The Adviser calculates upper and lower bands for each Underlying 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 an Underlying ETF candidate, 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 Underlying ETFs to purchase. The Fund has no limits or constraints on the number or type of Underlying ETFs in which it can invest. An Underlying 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 Underlying 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 Adviser periodically reviews the allocation of the Underlying ETFs and may make adjustments to the Underlying ETF holdings, including adding or removing Underlying ETFs.
DUKZ Holdings
Top 10 holdings of Ocean Park Diversified Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ishares Trust | 14.91% |
| Global X Funds | 14.68% |
| Ishares Trust | 10.22% |
| Vanguard Charlotte Funds | 10.16% |
| Spdr Series Trust | 10.07% |
| Invesco Exchange-Traded Fund Trust Ii | 9.98% |
| Ishares Trust | 9.88% |
| Ishares Trust | 7.51% |
| Vaneck ETF Trust | 7.47% |
| Ishares Trust | 5.00% |
DUKZ Portfolio Allocation
Asset-class allocation of Ocean Park Diversified Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 0.1% |
DUKZ Performance
Total returns for DUKZ (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.9% |
| 1 year | 6.6% |
| 3 years (annualised) | 4.5% |
DUKZ Risk Information
Risk metrics for DUKZ, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
DUKZ Costs and Fees
DUKZ costs about $103 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.03%
- Gross expense ratio: 3.47%
- Portfolio turnover: 269%
- Brokerage commissions: 11.55 bps of average net assets (SEC N-CEN)
DUKZ Cashflows
Over the 12 months to 2026-06, Ocean Park Diversified Income ETF had net inflows of $34.60M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $8.68M |
| 2026-05 | $10.42M |
| 2026-04 | $1.76M |
| 2026-03 | $1.26M |
| 2026-02 | $2.05M |
| 2026-01 | $762.07K |
DUKZ Debt Constituents
No individual debt constituents are reported in Ocean Park Diversified Income ETF's latest SEC N-PORT filing.
DUKZ Prospectus and SEC Filings
Official Ocean Park Diversified Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Alternative 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.