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 and depositary receipts, issued by publicly listed companies in developed foreign markets excluding the U.S. ("developed ex-U.S."), 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.

Audacy, Inc.

Nokia Oyj

Energy

Financial Services

Industrials

Consumer Cyclical

Consumer Defensive

Basic Materials

Communication Services

Utilities

Technology

Cambria Foreign Shareholder Yield ETF

FYLD Holdings & Sector Breakdown