DUKZ Fees and Costs — Ocean Park Diversified Income ETF
Data updated: 2026-09-14
The net expense ratio is 1.03% (3.47% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $25K in broker commissions, 0.1080% of average net assets, and portfolio turnover was 269%.
DUKZ Fees and Expenses
Annual operating expenses and sales charges of DUKZ. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.57% |
| Gross expense ratio | 3.47% |
| Fee waiver | −2.44% |
| Net expense ratio | 1.03% |
| 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 |
DUKZ Costs Over Time
On $10,000 invested in DUKZ, assuming 5% a year before costs, total costs come to $710 over 5 years, cutting the return by 1.19% 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 1.03%) | $108 | $337 | $583 |
| Trading costs (broker commissions) | $11 | $35 | $61 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $391 | $710 |
| Value after costs | $10,381 | $11,186 | $12,053 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
DUKZ 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): 0.1080%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $50.2M
- Portfolio turnover (prospectus): 269%
- Securities lending: none during the year
DUKZ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $24K | 95.98% |
| Mischler Financial Group, Inc. | $984 | 4.02% |
DUKZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $37.7M | 75.13% |
| J.P. Morgan Securities LLC | $8.5M | 16.94% |
| Bofa Securities, Inc. | $4.0M | 7.94% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.