DUKZ

Ocean Park Diversified Income ETF

$25.35
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Ocean Park Diversified Income ETF (DUKZ) seeks to provide a high level of current income while also preserving capital.

Overview

ETF tracking Ocean Park Diversified Income ETF

Category Value
Issuer Other
Inception Date 2024-07-11
Market Cap $14.4M
Average Volume N/A
Dividend Yield 3.16%
52-Week Range $24.24 - $25.92
VWAP $25.39

Performance

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Investment Summary

📎 Investment Objective

The Ocean Park Diversified Income ETF (DUKZ) seeks to provide a high level of current income while also preserving capital.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of income-generating assets, including bonds, preferred stocks, real estate investment trusts (REITs), and other securities that offer attractive yields. The fund's managers aim to construct a portfolio that provides a steady stream of income with lower volatility compared to the broader market.

✨ Key Features

  • Diversified income-focused portfolio across multiple asset classes
  • Emphasis on preserving capital and generating consistent yield
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Interest rate risk: The fund's income-generating assets may be sensitive to changes in interest rates
  • Credit risk: The fund is exposed to the creditworthiness of the issuers of the securities it holds
  • Liquidity risk: Some of the fund's investments may be less liquid, which could impact the fund's ability to sell positions at favorable prices
  • Concentration risk: The fund's focus on income-generating assets may result in higher concentration in certain sectors or industries

👤 Best For

The Ocean Park Diversified Income ETF may be suitable for investors seeking a steady stream of income with lower volatility than the broader market. It could be a useful component of a diversified portfolio, particularly for those in or nearing retirement who require a reliable source of income. However, investors should be aware of the fund's limited performance history and the risks associated with its income-focused strategy.