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 | 2.77% |
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 1.92% |
| T | AT&T Inc | Communication Services | Telecom Services | 1.68% |
| VCTR | Victory Capital Holdings Inc | Financial Services | Asset Management | 1.67% |
| R | Ryder System Inc | Industrials | Rental & Leasing Services | 1.57% |
| THC | Tenet Healthcare Corporation | Healthcare | Medical Care Facilities | 1.57% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 1.53% |
| AN | AutoNation Inc | Consumer Cyclical | Auto & Truck Dealerships | 1.49% |
| UGI | UGI Corporation | Utilities | Utilities - Regulated Gas | 1.48% |
| SNX | Synnex Corporation | Technology | Electronics & Computer Distribution | 1.46% |
| FHI | Federated Investors Inc B | Financial Services | Asset Management | 1.44% |
| AMG | Affiliated Managers Group Inc | Financial Services | Asset Management | 1.42% |
| REVG | Rev Group Inc | Industrials | Farm & Heavy Construction Machinery | 1.41% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 1.41% |
| FXFXX | First American Funds Inc. - Treasury Obligations Fund | 1.39% | ||
| BWA | BorgWarner Inc | Consumer Cyclical | Auto Parts | 1.36% |
| AFL | Aflac Incorporated | Financial Services | Insurance - Life | 1.34% |
| DDS | Dillard's, Inc. | Consumer Cyclical | Department Stores | 1.33% |
| LNC | Lincoln National Corporation | Financial Services | Insurance - Life | 1.30% |
| TNL | Travel + Leisure Co | Consumer Cyclical | Travel Services | 1.27% |