SOVB Cambria Sovereign Bond ETF

The Cambria Sovereign Bond ETF seeks income and capital appreciation from investments in securities and instruments that provide exposure to sovereign and quasi-sovereign bonds. The Fund seeks high income generation and capital appreciation and provides exposure to a basket of foreign currencies. Rather than adhering to traditional notions of emerging and developed markets, the strategy seeks the most attractively priced debt securities from a global opportunity set.

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Net Asset Value
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Volume TBD
Price
Closing Price
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30-Day Median Bid/Ask Spread

Data as of

The exchange-traded fund's median bid-ask spread is rounded to the nearest hundredth and computed by (1) identifying the exchange-traded fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days, (2) dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer, and (3) identifying the median of those values.

Performance

Month end returns as of:  

CUMULATIVE
  1 Mo. 3 Mo. 6 Mo.   Since Inception
Fund NAV -6.10% -8.52% -5.27%   11.28%
Closing Price -6.82% -9.23% -6.96%   9.63%
AVG. ANNUALIZED
  1 Yr. 3 Yr. 5 Yr. 10 Yr. Since Inception
Fund NAV -3.49% 0.00%     2.64%
Closing Price -4.88% -0.87%     2.27%

 

Quarter end returns as of  :

AVG. ANNUALIZED
  1 Yr. 3 Yr. 5 Yr. 10 Yr. Since Inception
Fund NAV -3.49% 0.00%     2.64%
Closing Price -4.88% -0.87%     2.27%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period. Cambria Funds' NAVs are calculated using prices as of 4:00 PM Eastern Time.

The closing market price is the Mid-Point between the Bid and Ask price as of the close of exchange. Since the Fund's Shares typically do not trade in the secondary market until several days after the Fund's inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

 

PERCENTAGE OF NET ASSETS NAME IDENTIFIER SHARES HELD MARKET VALUE

Data as of  

Holdings are subject to change

 

Investor Materials

Summary Prospectus Statutory Prospectus Statement of Additional Information Semi-Annual Report Annual Report
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Section 19a-1 Notice - 6/27/16

Section 19a-1 Notice - 9/26/16

Section 19a-1 Notice - 12/27/16

Deficiency Notification

All XBRL Filings
Registration Statement XBRL
Prospectus Supplement XBRL

To determine if the Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund’s 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, FYLD, EYLD, MYLD, LYLD, TYLD, TAIL, FAIL, VAMO, GMOM, TRTY, GAA, BLDG, TOKE and GVAL are distributed by ALPS Distributors, Inc., 1290 Broadway, Suite 1000, Denver, CO 80203. MFUT is distributed by Foreside Fund Services, LLC. ALPS, Foreside, and Cambria are not related.

Investing involves risk, including potential loss of capital.

: 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. The risk of investing in securities of ETFs, ETPs and investment companies typically reflect the risk of the types of instruments in which the underlying ETF, ETP or investment company invests. In addition, with such investments the Fund bears its proportionate share of fees and expenses of the underlying entity. As a result, the Fund’s operating expenses may be higher, and performance may be lower.

All Cambria ETFs are actively managed.

On June 1, 2020, SYLD’s and FYLD’s investment objective and investment strategy changed. FYLD and SYLD went from being passively managed to actively managed on that same date.

On July 1, 2020, GVAL’s and EYLD’s investment objective and investment strategy changed. GVAL and EYLD went from being passively managed to actively managed on that same date.