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 | 1.96% |
| T | AT&T Inc | Communication Services | Telecom Services | 1.68% |
| VCTR | Victory Capital Holdings Inc | Financial Services | Asset Management | 1.67% |
| 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% |
| AMG | Affiliated Managers Group Inc | Financial Services | Asset Management | 1.42% |
| FXFXX | First American Funds Inc. - Treasury Obligations Fund | 1.39% | ||
| WCC | WESCO International Inc | Industrials | Industrial Distribution | 1.35% |
| BWA | BorgWarner Inc | Consumer Cyclical | Auto Parts | 1.33% |
| LNC | Lincoln National Corporation | Financial Services | Insurance - Life | 1.30% |
| MATX | Matson Inc | Industrials | Marine Shipping | 1.26% |
| PINC | Premier Inc | Healthcare | Health Information Services | 1.23% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.23% |
| SKYW | SkyWest Inc | Industrials | Airlines | 1.22% |
| ODP | ODP Corp | Consumer Cyclical | Specialty Retail | 1.21% |
| DOW | Dow Inc | Basic Materials | Chemicals | 1.17% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 1.17% |
| LYB | LyondellBasell Industries NV | Basic Materials | Specialty Chemicals | 1.15% |