Foreign Shareholder Yield (FYLD) - Full Holdings

PERCENTAGE OF
NET ASSETS
NAMEIDENTIFIERSHARES HELDMARKET VALUE
0.976%HSBC HOLDINGS PLCHSBA LN50,190$413,795.39
0.652%LEGAL & GENERAL GROUP PLCLGEN LN82,448$276,343.10
0.945%RIO TINTO PLCRIO LN10,070$400,512.83
0.640%CARILLION PLCCLLN LN95,065$271,422.60
0.868%ENSIGN ENERGY SERVICES INESI CN62,900$368,158.93
0.947%GREAT CANADIAN GAMING CORGC CN22,200$401,434.52
0.830%GREAT-WEST LIFECO INCGWO CN12,961$351,792.43
0.635%IGM FINANCIAL INCIGM CN8,851$269,467.62
1.101%MAGNA INTERNATIONAL INCMG CN11,248$466,735.41
1.814%METRO INCMRU CN23,092$769,080.80
0.824%KINGFISHER PLCKGF LN83,409$349,348.11
1.025%EDP-ENERGIAS DE PORTUGALEDP PL127,409$434,483.46
0.975%CASINO GUICHARD PERRACHONCO FP6,789$413,652.83
1.165%DNB ASADNB NO30,495$494,094.40
0.993%KESKO OYJ-B SHS8,736$421,068.45
1.322%OMV AGOMV AV13,034$560,730.14
0.726%TELENOR ASATEL NO18,688$307,816.49
0.457%E.ON SEEOAN GR24,507$193,787.37
1.061%UPM-KYMMENE OYJUPM FH16,613$449,697.32
1.585%STORA ENSO OYJ-R SHSSTERV FH51,509$672,079.41
0.935%ENDESA SAELE SM16,508$396,482.32
1.295%MUENCHENER RUECKVER AG-REMUV2 GR2,671$549,197.77
0.544%BINCKBANK NVBINCK NA44,624$230,555.47
1.166%CNP ASSURANCESCNP FP23,868$494,286.07
1.373%NEOPOST SANEO FP14,208$582,410.99
1.214%GAS NATURAL SDG SAGAS SM22,442$514,580.65
1.507%METSO OYJMETSO FH18,839$638,934.95
1.136%AEGON NVAGN NA93,018$481,809.90
1.381%STMICROELECTRONICS NVSTM IM36,351$585,620.32
0.538%TELIA CO ABTELIA SS54,445$228,199.36
1.055%ZURICH INSURANCE GROUP AGZURN VX1,628$447,554.50
1.103%M6-METROPOLE TELEVISIONMMT FP20,464$467,659.69
0.778%HANG LUNG PROPERTIES LTD101 HK127,954$329,782.59
0.872%AOYAMA TRADING CO LTD8219 JP10,499$369,935.96
1.073%AUTOBACS SEVEN CO LTD9832 JP30,067$454,888.19
0.828%FORTESCUE METALS GROUP LTFMG AU87,764$351,243.86
1.033%NTT DOCOMO INC9437 JP18,870$438,165.78
0.772%CALTEX AUSTRALIA LTDCTX AU14,803$327,234.90
0.563%CABCHARGE AUSTRALIA LTDCAB AU123,714$238,702.31
0.695%DIC CORP4631 JP8,500$294,910.45
0.881%DAI NIPPON PRINTING CO LT7912 JP34,052$373,588.23
0.370%LI & FUNG LTD494 HK375,889$157,037.17
0.987%HOKKOKU BANK LTD/THE8363 JP111,000$418,585.19
0.968%ITOCHU CORP8001 JP29,600$410,526.51
1.805%MONADELPHOUS GROUP LTDMND AU83,456$765,501.34
0.782%NIKKISO CO LTD6376 JP33,300$331,771.22
0.964%ZEON CORP4205 JP37,000$408,928.09
0.924%NABTESCO CORP6268 JP14,300$391,895.42
0.648%SANKYO CO LTD6417 JP7,949$274,720.19
0.747%SHANGHAI INDUSTRIAL HLDG363 HK100,204$316,868.92
1.057%SUMITOMO BAKELITE CO LTD4203 JP74,000$448,222.48
0.714%SUZUKI MOTOR CORP7269 JP7,400$302,700.03
0.697%SWIRE PACIFIC LTD-A19 HK30,829$295,636.29
1.103%TOYO KANETSU K. K.6369 JP185,000$467,869.68
0.646%TSUGAMI CORP6101 JP37,000$273,728.74
0.863%VENTURE CORP LTDVMS SP43,310$365,785.52
0.864%AXA SACS FP13,407$366,579.90
1.078%ADECCO GROUP AG-REGADEN VX6,046$456,927.95
1.458%BNP PARIBASBNP FP8,443$618,221.92
0.991%YARA INTERNATIONAL ASAYAR NO10,709$420,135.07
0.985%SAINSBURY (J) PLCSBRY LN119,560$417,608.52
1.032%MEDIASET ESPANA COMUNICACTL5 SM32,286$437,504.56
0.921%XINYI GLASS HOLDINGS LTD868 HK444,000$390,389.88
0.588%ENGIEENGI FP17,223$249,210.12
0.890%SKY NETWORK TELEVISION LTSKT NZ141,460$377,391.78
1.357%JM ABJM SS16,111$575,415.84
1.158%SSAB SVENSKT STAL ABSSABA SS107,245$490,879.82
1.010%GALP ENERGIA SGPS SAGALP PL27,057$428,494.48
0.713%SANDVINE CORPSVC CN131,806$302,175.86
1.284%NATIXISKN FP78,440$544,592.35
1.014%ENTERPRISE INNS PLCETI LN239,427$430,126.78
1.213%FREENET AGFNTN GR16,074$514,305.41
1.833%UT GROUP CO LTD2146 JP62,900$777,263.07
1.842%SALMAR ASASALM NO34,062$781,244.93
0.616%BELLE INTERNATIONAL HOLDI1880 HK385,324$261,033.45
0.881%GRIEG SEAFOOD ASAGSF NO49,765$373,488.38
0.887%GENWORTH MI CANADA INCMIC CN14,187$375,970.40
0.995%ROGERS SUGAR INCRSI CN91,254$421,777.73
0.781%TOKAI HOLDINGS CORP3167 JP44,200$331,370.71
1.311%SEVEN GROUP HOLDINGS LTDSVW AU72,245$555,944.38
1.029%PANDORA A/S4,149$436,364.50
0.936%YINGDE GASES GROUP CO LTD2168 HK518,000$396,858.33
0.626%MYER HOLDINGS LTDMYR AU310,255$265,407.06
1.020%SWISS RE AGSREN VX4,932$432,583.66
0.750%CAPE PLCCIU LN104,730$318,167.95
1.021%CENTAMIN PLCCEY LN188,071$432,951.84
0.998%CAPITAL POWER CORPCPX CN23,125$423,104.57
1.062%AGEASAGS BB10,820$450,453.67
0.686%TELEVISION BROADCASTS LTD511 HK72,829$290,686.88
0.676%LABRADOR IRON ORE ROYALTYLIF CN21,620$286,556.04
1.110%TOPDANMARK A/STOP DC17,258$470,577.02
0.781%TOWER LTDTWR NZ394,017$331,228.64
0.752%TFI INTERNATIONAL INCTFII CN14,179$318,689.11
0.607%ROYAL MAIL PLCRMG LN48,065$257,378.74
0.796%VODAFONE GROUP PLCVOD LN129,836$337,377.01
0.691%NOVO NORDISK A/S-BNOVOB DC7,861$293,153.17
1.176%CIMIC GROUP LTDCIM AU18,401$498,583.76
1.372%TRYG A/STRYG DC30,123$581,821.71
1.225%INTERMEDIATE CAPITAL GROUICP LN52,042$519,551.85
0.935%SOLOCAL GROUPLOCAL FP371,406$396,456.71
1.768%CASH1,493,865$749,708.09

Data as of 4/25/2017

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.