Emerging Shareholder Yield (EYLD) - Full Holdings

PERCENTAGE OF
NET ASSETS
NAMEIDENTIFIERSHARES HELDMARKET VALUE
0.672%CNOOC LTD-SPON ADRCEO873$96,038.73
0.770%CHINA PETROLEUM & CHEM-ADSNP1,503$109,974.51
0.691%CHUNGHWA TELECOM LT-SPONCHT2,916$98,735.76
0.870%BANCO DE BOGOTA5,499$124,336.19
0.746%CIA DE GAS DE SAO PAULOCGAS3 BZ7,200$106,643.14
0.687%OAO GAZPROM ADROGZPY25,425$98,140.50
1.092%BUDIMEXBDX PW2,484$156,052.86
1.121%MOL HUNGARIAN OIL AND GASMOL HB1,809$160,127.93
0.573%KOREA ELEC P-ADRKEP4,275$81,909.00
1.165%O2 CZECH REPUBLIC ASTELEC CP13,239$166,407.94
0.748%HELLENIC PETROLEUM SAELPE GA12,159$106,912.07
1.371%POLSKI KONCERN NAFTOWY ORPKN PW6,714$195,925.27
1.178%MOTOR OIL (HELLAS) SAMOH GA7,524$168,263.86
0.509%ASUSTEK COMPUTER INC2357 TT9,000$72,769.88
1.029%BIDVEST GROUP LTDBVT SJ11,466$147,100.55
0.560%HINDUSTAN PETROLEUM CORPHPCL IN11,691$79,973.06
1.023%CHENNAI PETROLEUM CORPMRL IN24,797$146,208.22
0.623%MICRO-STAR INTERNATIONAL2377 TT36,000$88,987.16
0.981%ASSORE LTDASR SJ8,298$140,182.07
1.168%HINDUSTAN ZINC LTDHZ IN38,088$166,923.66
0.779%CHICONY ELECTRONICS CO LT2385 TT45,280$111,329.02
0.753%THINKING ELECTRONIC INDUS2428 TT36,000$107,640.01
0.881%MPHASIS LTDMPHL IN13,653$125,867.17
0.105%DONGBU INSURANCE CO LTD216$14,972.36
0.681%CHIN-POON INDUSTRIAL CO L2355 TT54,000$97,303.72
1.322%INDIAN OIL CORPIOCL IN28,874$188,890.70
0.676%TOPCO SCIENTIFIC CO LTD5434 TT36,000$96,590.87
0.756%SONATA SOFTWARE LTDSSOF IN45,172$108,002.77
0.958%LG UPLUS CORP10,367$136,898.61
1.359%TRIPOD TECHNOLOGY CORP3044 TT54,000$194,251.01
1.164%ELITE MATERIAL CO LTD2383 TT36,000$166,331.14
1.156%LS CORP2,250$165,240.85
0.790%CHILISIN ELECTRONICS CORP2456 TT45,000$112,867.56
0.873%GHCL LTDGHCL IN35,374$124,740.69
0.504%S-OIL CORP702$72,066.33
0.397%EXXARO RESOURCES LTDEXX SJ6,984$56,737.22
0.825%SIMPLO TECHNOLOGY CO LTD6121 TT36,000$117,857.50
0.960%HON HAI PRECISION INDUSTR2317 TT36,000$137,223.19
0.688%LIBERTY HOLDINGS LTDLBH SJ12,627$98,295.06
0.690%MPI CORP6223 TT36,000$98,610.61
0.398%CHAUN-CHOUNG TECH6230 TT18,000$56,849.61
0.846%TELKOM SA SOC LTDTKG SJ24,516$120,934.86
0.968%POWERTECH TECHNOLOGY INC6239 TT45,000$138,262.76
0.983%FIRSTRAND LTDFSR SJ34,254$140,423.72
0.848%CORONATION FUND MANAGERSCML SJ23,751$121,173.57
0.935%WILSON BAYLY HOLMES-OVCONWBO SJ12,978$133,641.12
0.409%WEIQIAO TEXTILE CO LTD-H2698 HK99,000$58,458.96
0.785%ATEN INTERNATION CO LTD6277 TT45,000$112,125.01
0.882%CHANG WAH ELECTROMATERIAL8070 TT27,000$126,084.95
0.757%SITRONIX TECHNOLOGY CORP8016 TT36,000$108,115.24
1.696%PHISON ELECTRONICS CORP8299 TT18,000$242,368.24
1.243%SAMSUNG ELECTRONICS CO LT90$177,678.34
0.667%OAO ROSNEFT OIL CO-GDRROSN18,784$95,234.88
0.802%SHENZHEN EXPRESSWAY CO-H548 HK126,000$114,663.31
1.030%HYOSUNG CORPORATION981$147,188.73
0.864%LUKOIL PJSC-SPON ADRLUKOY2,574$123,449.04
1.200%POSCO - ADRPKX2,385$171,481.50
1.284%OTP BANK PLCOTP HB4,788$183,418.80
0.844%SASOL LTD-SPONSORED ADRSSL4,014$120,580.56
0.949%SINOPEC SHANGHAI-SPONS ADSHI2,277$135,663.66
0.989%TATNEFT PJSCOAOFY3,690$141,363.90
1.233%HYUNDAI MARINE & FIRE INS4,356$176,196.89
1.143%GS HOLDINGS2,637$163,351.93
0.718%SHIN ZU SHING CO LTD3376 TT36,000$102,531.27
0.975%THAI OIL PCLTOP TB52,200$139,247.07
1.056%STANDARD BANK GROUP LTDSBK SJ12,339$150,879.74
0.716%AKSA AKRILIK KIMYA SANAYIAKSA TI27,657$102,308.76
0.828%AYGAZ ASAYGAZ TI27,810$118,368.87
0.778%KORDSA GLOBAL ENDUSTRIYELKORDS TI50,706$111,137.62
0.636%ACTRON TECHNOLOGY CORP8255 TT27,000$90,888.09
0.853%ELITE ADVANCED LASER CORP3450 TT32,400$121,896.97
1.037%IMPERIAL HOLDINGS LTDIPL SJ10,647$148,200.64
0.923%SANLAM LTDSLM SJ25,596$131,950.92
1.652%HANA FINANCIAL GROUP5,436$236,098.97
0.140%SYNCMOLD ENTERPRISE CORP1582 TT9,000$20,048.84
0.915%MERITZ FIRE & MARINE INSU6,210$130,771.26
0.541%VESTEL BEYAZ ESYA SANAYIVESBE TI24,507$77,279.63
0.860%PTT EXPLOR & PROD PUBLICPTTEP TB47,529$122,858.25
1.070%GUANGZHOU R&F PROPERTIES2777 HK79,200$152,853.74
0.804%IND & COMM BK OF CHINA-H1398 HK162,000$114,916.38
0.749%XINGDA INT'L HOLDINGS1899 HK270,000$106,979.21
0.884%TIANNENG POWER INTL LTD819 HK162,000$126,304.49
0.980%EZ TEC EMPREENDIMENTOS EEZTC3 BZ21,600$140,020.17
1.006%AEGEAN AIRLINESAEGN GA14,769$143,731.74
0.990%SK INNOVATION CO LTD927$141,526.72
0.638%TEKFEN HOLDING ASTKFEN TI26,748$91,154.56
1.088%RURAL ELECTRIFICATION CRPRECL IN59,760$155,510.68
0.594%CYBERPOWER SYSTEMS INC3617 TT27,000$84,828.88
0.737%GREATVIEW ASEPTIC PACKAGI468 HK171,000$105,345.77
9.011%MAGAZINE LUIZA SAMGLU3 BZ9,000$1,287,488.97
0.755%PEGATRON CORP4938 TT36,000$107,877.63
0.362%FANTASIA HOLDINGS GROUP C1777 HK378,000$51,695.12
0.806%ZOOMLION HEAVY INDUSTRY1157 HK234,000$115,146.44
0.293%NISHOKU TECHNOLOGY INC3679 TT18,000$41,879.81
1.127%M.VIDEO PAOMVID RM23,589$160,967.08
0.840%TRANSCONTAINER PJSCTRCN RM2,295$120,008.78
0.692%BARCLAYS AFRICA GROUP LTDBGA SJ8,847$98,907.05
0.764%GREENLAND HONG KONG HOLDI337 HK315,000$109,107.29
0.783%RASSINI SAB DE CV - A48,600$111,808.52
1.476%WOORI BANK13,032$210,968.15
0.773%RED STAR MACALLINE GROUP1528 HK108,000$110,430.15
0.712%GUOLIAN SECURITIES CO LTD1456 HK202,500$101,716.52
3.174%CASH5,202,184$453,453.22
-0.101%INDIA CAPITAL GAINS TAX-921,027$-14,364.68

Data as of 8/15/2017

Holdings are subject to change.

The Cambria ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund. Check the background of SIDCO on FINRA's BrokerCheck.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges and expense before investing. This and other information can be found in the Fund's full or summary prospectus which may be obtained by calling 855-383-4636 (ETF INFO) or visiting our website at www.cambriafunds.com. Read the prospectus carefully before investing or sending money.

SYLD, GMOM and VAMO are actively managed using proprietary investment strategies and processes. There can be no guarantee that these strategies and processes will produce the intended results and no guarantee that the Fund will achieve its investment objective. This could result in the Fund's underperformance compared to other funds with similar investment objectives.

ETFs are subject to commission costs each time a "buy" or "sell" is executed. Depending on the amount of trading activity, the low costs of ETFs may be outweighed by commissions and related trading costs. Shares are bought and sold at market price (closing price) not net asset value (NAV) are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times.

There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from social, economic, or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Bonds and bond funds are subject to interest rate risk and will decline in value as interest rates rise.

Investments in sovereign and quasi-sovereign debt obligations involve special risks not present in corporate debt obligations. The issuer of the sovereign debt or the authorities that control the repayment of the debt may be unable or unwilling to repay principal or interest when due, and the Fund may have limited recourse in the event of a default. Investments in commodities are subject to higher volatility than more traditional investments. The fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund's gains or losses. The use of leverage by the fund managers may accelerate the velocity of potential losses. The Fund employs a "momentum" style of investing that emphasizes investing in securities that have had higher recent price performance compared to other securities. This style of investing is subject to the risk that these securities may be more volatile than a broad cross-section of securities or that the returns on securities that have previously exhibited price momentum are less than returns on other styles of investing or the overall stock market. Investments in smaller companies typically exhibit higher volatility. Diversification may not protect against market loss. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Buying and selling shares will result in brokerage commissions. Brokerage commissions will reduce returns.

There are special risks associated with margin investing. As with stocks, you may be called upon to deposit additional cash or securities if your account equity declines.