Fund Links
Fund Details
| Fund Inception | 1/4/24 |
| Ticker | TYLD |
| Net Assets | TBD |
| Shares Outstanding | TBD |
| Primary Exchange | CBOE BZX |
| CUSIP | 132061789 |
| Fund Type | Actively Managed ETF |
| Investment Objective | Income & Capital Appreciation |
| Management Fee | 0.59% |
| Custody Fee | 0.00% |
| Acquired Fund Fee & Expenses | 0.00% |
| Total Expense Ratio (or Total Fund Operating Expenses) | 0.59% |
| Net Asset Value (NAV) | TYLD.NV |
| Portfolio Managers: | Mebane T. Faber |
| Number of Holdings | TBD |
| Dividend Frequency | Quarterly |
Data as of
TYLD
Cambria Tactical Yield ETF
Cambria Tactical Yield ETF targets a universe of global fixed income securities and REITs, and seeks to invest based on yield spreads relative to U.S. Treasury Bills. When various sectors of the universe have historically narrow yield spreads relative to U.S. Treasury Bills, TYLD intends to invest up to 100% of its portfolio in U.S. Treasury Bills. When certain sectors of the universe demonstrate historically high wide yield spreads, TYLD intends to invest in those various fixed income sectors.
Why TYLD?
- Principles of value investing can be applied to fixed income by buying and holding attractively priced (high yielding) fixed income securities
- Has ability to invest in (but not limited to) U.S. government securities, U.S. investment-grade bonds, high-yield bonds, residential and commercial mortgage-backed securities, emerging market government bonds ('sovereign debt') and other fixed income securities
Fund Prices
| Nav | |
|---|---|
| Net Asset Value | |
| Daily Change | |
| Daily Change | |
| Volume | TBD |
| Price | |
|---|---|
| Closing Price | |
| Daily Change | |
| Daily Change | |
| 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 | |||||
| Closing Price | |||||
| AVG. ANNUALIZED | |||||
|---|---|---|---|---|---|
| 1 Yr. | 3 Yr. | 5 Yr. | 10 Yr. | Since Inception | |
| Fund NAV | |||||
| Closing Price | |||||
Quarter end returns as of :
| AVG. ANNUALIZED | |||||
|---|---|---|---|---|---|
| 1 Yr. | 3 Yr. | 5 Yr. | 10 Yr. | Since Inception | |
| Fund NAV | |||||
| Closing Price | |||||
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.
TOP 10 HOLDINGS
| PERCENTAGE OF NET ASSETS | TICKER | 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 |
|---|---|---|---|---|
| Download | Download | Download | Download | Download |
All XBRL Filings
Registration Statement XBRL
Prospectus Supplement XBRL
N-PX Files
N-PX
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.
The Cambria ETFs are distributed by ALPS Distributors Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund.
Investing involves risk, including potential loss of capital.
TYLD: This fund is new and has a limited operating history. There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. Bonds and bond funds are subject to interest rate risk and will decline in value and rising interest rates. High yield bonds involve greater risk of default or downgrade and are more volatile than investment-grade securities, due to the speculative nature of their investments. International investing may involve risk of capital from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from 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. Investment in smaller companies typically exhibit higher volatility. The Fund is not diversified.
TYLD is actively managed.
TO DETERMINE IF THIS 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 OPTAINED BY CALLING 855-383-4636 (ETF INFO) OR VISITING OUR WEBSITE AT WWW.CAMBRIAFUNDS.COM. READ THE PROSPECTUS CAREFULLY BEFORE INVESTING OR SENDING MONEY.
The Cambria ETFs are distributed by ALPS Distributors Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Cambria Investment Management, LP, the Investment Adviser for the Fund.
There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. Bonds and bond funds are subject to interest rate risk and will decline in value and interest rates rise. High yield bonds involve greater risk of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markers involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in smaller companies typically exhibit higher volatility. The Fund is not diversified.
The Fund is 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. There is no guarantee dividends will be paid. Diversification may not protect against market loss.
CBM001677