BATS | ETF
The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities, including common stock, issued byU. S.-based publicly listed companies that provide high shareholder yield.
Its investment adviser, Cambria Investment Management,L. P. (Cambria or the Adviser), defines shareholder yield as the totality of returns realized by an investor from a company"s cash payments for dividends, buybacks and debt paydowns.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ATGE | Adtalem Global Education Inc | Consumer Defensive | Education & Training Services | 2.54% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 1.79% |
| T | AT&T Inc | Communication Services | Telecom Services | 1.68% |
| VCTR | Victory Capital Holdings Inc | Financial Services | Asset Management | 1.67% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 1.65% |
| REVG | Rev Group Inc | Industrials | Farm & Heavy Construction Machinery | 1.65% |
| UGI | UGI Corporation | Utilities | Utilities - Regulated Gas | 1.60% |
| R | Ryder System Inc | Industrials | Rental & Leasing Services | 1.52% |
| FHI | Federated Investors Inc B | Financial Services | Asset Management | 1.50% |
| SKYW | SkyWest Inc | Industrials | Airlines | 1.48% |
| SNX | Synnex Corporation | Technology | Electronics & Computer Distribution | 1.45% |
| AN | AutoNation Inc | Consumer Cyclical | Auto & Truck Dealerships | 1.43% |
| SLM | SLM Corp | Financial Services | Credit Services | 1.42% |
| THC | Tenet Healthcare Corporation | Healthcare | Medical Care Facilities | 1.35% |
| BWA | BorgWarner Inc | Consumer Cyclical | Auto Parts | 1.32% |
| LNC | Lincoln National Corporation | Financial Services | Insurance - Life | 1.30% |
| AMG | Affiliated Managers Group Inc | Financial Services | Asset Management | 1.30% |
| AFL | Aflac Incorporated | Financial Services | Insurance - Life | 1.30% |
| TNL | Travel + Leisure Co | Consumer Cyclical | Travel Services | 1.27% |
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 1.27% |