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 | 2.27% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 1.76% |
| T | AT&T Inc | Communication Services | Telecom Services | 1.68% |
| VCTR | Victory Capital Holdings Inc | Financial Services | Asset Management | 1.67% |
| UGI | UGI Corporation | Utilities | Utilities - Regulated Gas | 1.67% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 1.66% |
| REVG | Rev Group Inc | Industrials | Farm & Heavy Construction Machinery | 1.54% |
| R | Ryder System Inc | Industrials | Rental & Leasing Services | 1.54% |
| SLM | SLM Corp | Financial Services | Credit Services | 1.51% |
| SKYW | SkyWest Inc | Industrials | Airlines | 1.48% |
| SNX | Synnex Corporation | Technology | Electronics & Computer Distribution | 1.47% |
| FHI | Federated Investors Inc B | Financial Services | Asset Management | 1.41% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.38% |
| AN | AutoNation Inc | Consumer Cyclical | Auto & Truck Dealerships | 1.35% |
| TNL | Travel + Leisure Co | Consumer Cyclical | Travel Services | 1.34% |
| AMG | Affiliated Managers Group Inc | Financial Services | Asset Management | 1.26% |
| AFL | Aflac Incorporated | Financial Services | Insurance - Life | 1.25% |
| THC | Tenet Healthcare Corporation | Healthcare | Medical Care Facilities | 1.24% |
| AMP | Ameriprise Financial Inc | Financial Services | Asset Management | 1.24% |
| WCC | WESCO International Inc | Industrials | Industrial Distribution | 1.21% |