Ocean Park High Income ETF
DUKH
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Lynn J. Good
- Full Time Employees
- 27,044
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2049 Century Park East, Suite 720 Los Angeles CA United States of America 90067
- IPO Date
- Jul 11, 2024
- CIK
- 0001326160
- Website
- duke-energy.com
- Similar Companies
- Business
- Ocean Park High Income ETF (DUKH) is an actively managed exchange-traded fund that seeks total return while limiting downside risk through tactical allocations among higher yielding fixed income ETFs, long-term U.S. Treasury ETFs, and cash equivalents. The fund employs a proprietary trend-following strategy utilizing banded moving averages to generate buy and sell signals; its unconstrained universe of higher yielding ETFs primarily encompasses high yield corporate bonds (such as iShares Broad USD High Yield Corporate Bond ETF at approximately 54.8%), bank loans (such as Invesco Senior Loan ETF at approximately 29.7%), emerging market bonds (such as iShares J.P. Morgan USD Emerging Markets Bond ETF at approximately 4.9%), high yield municipal bonds, preferred securities, and similar income-oriented instruments. Distributions occur monthly, with an expense ratio of 1.07% after fee waivers (management fee of 0.65%, contractually limited until January 31, 2027); the fund trades on NASDAQ under ticker DUKH (CUSIP 66538J290) and is advised by Ocean Park Asset Management, LLC, with distribution by Northern Lights Distributors, LLC. Launched on July 10, 2024, and headquartered with its investment advisor in Los Angeles, California, the ETF targets income-seeking investors, including institutions and individuals, through exposure to global high yield fixed income sectors without constraints on maturity or geography. Portfolio management is led by Dr. Kenneth Sleeper (Co-founder and Senior Vice President), James St. Aubin (Chief Investment Officer), and Ryan Harder (Chief Investment Strategist), applying the firm's Trailing Stop Discipline to mitigate drawdowns by shifting to cash equivalents (up to 100%) in the absence of uptrends. As of late 2024, assets under management stood at approximately $7-9.6 million, with recent portfolio shifts reflecting market conditions, including elevated cash holdings of 10.5% at December 31, 2024 (up from 0.4% prior quarter), alongside major holdings in high yield corporates, bank loans, and emerging markets. The fund maintained steady monthly dividend payouts through 2025, such as $0.1349 per share ex-dividend July 7, 2025, and $0.1632 per share ex-dividend May 5, 2025, yielding around 6% trailing twelve months. No major acquisitions, partnerships, funding rounds, or strategic reorganizations have been reported since inception; operations remain focused on disciplined risk-managed income generation amid fixed income market volatility.