The Cambria ETF Trust - Cambria Emerging Shareholder Yield ETF (EYLD) is an actively managed fund that seeks to achieve its investment objective by investing primarily in equity securities issued by publicly listed companies in emerging foreign markets. Cambria Investment Management, L.P. is the investment adviser for EYLD and defines shareholder yield as the total returns realized by an investor from a company's cash payments for dividends, buybacks, and debt paydowns. The ETF focuses on emerging market countries such as Brazil, Colombia, Czech Republic, Greece, Hong Kong, Hungary, India, Indonesia, Malaysia, Mexico, Poland, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey, or markets with similar characteristics. Cambria selects stocks based on their shareholder yield and applies various value metrics, including price-to-book, price-to-sales, price-to-earnings, price-to-free cash-flow, and enterprise multiple, to construct a portfolio with the potential for income and capital appreciation. The ETF aims to limit its exposure to any single country outside the United States to 30% of its assets and may invest in companies of varying market capitalizations, with a focus on larger companies. The portfolio composition may change over time, and the Fund may sell securities if they are deemed overvalued or if better investment opportunities arise.
While the primary focus of the Cambria Emerging Shareholder Yield ETF (EYLD) is not solely on dividends, it aims to provide investors with exposure to emerging foreign markets' equity securities that offer high shareholder yield. The fund's investment strategy involves considering cash payments for dividends, share buybacks, and debt paydowns made by publicly listed companies in emerging markets. EYLD's dividend distributions are influenced by the shareholder yield characteristics of its portfolio constituents, and the fund may invest in companies with varying market capitalizations. Investors in EYLD can potentially benefit from a combination of income and capital appreciation, although dividend distributions may not be as frequent as traditional income-focused ETFs.
Tracking the pursuit of high shareholder yield in emerging foreign markets is the primary focus of the Cambria Shareholder Yield ETF (EYLD). EYLD aims to invest at least 80% of its total assets in equity securities of publicly listed companies in emerging markets that provide substantial shareholder returns through dividends, share buybacks, and debt reduction. The fund employs a quantitative model to select the top 20% of stocks based on shareholder yield, incorporating various value metrics like price-to-book ratio and price-to-earnings ratio. Additionally, EYLD limits exposure to any single foreign country outside the United States to 30% of its assets and may invest in companies of different market capitalizations. The fund's strategy is designed to capture income and capital appreciation potential within emerging markets while maintaining flexibility to adapt to market conditions.
The correlation aspect of the Cambria Emerging Shareholder Yield ETF (EYLD) is crucial for investors looking to understand its behavior in relation to emerging foreign markets. As an actively managed fund, EYLD seeks to achieve its investment objective by investing in equity securities of publicly listed companies in emerging markets that provide high shareholder yield, defined as the totality of returns from dividends, buybacks, and debt paydowns. While EYLD's correlation with traditional equity indices may vary due to its unique investment strategy, it offers a distinct approach to capturing income and capital appreciation potential in emerging markets.
The Cambria Emerging Shareholder Yield ETF (EYLD) primarily focuses on investing in equity securities of publicly listed companies in emerging foreign markets that provide high shareholder yield. These emerging markets include countries such as Brazil, Colombia, Czech Republic, Greece, Hong Kong, Hungary, India, Indonesia, Malaysia, Mexico, Poland, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey, and markets with similar characteristics. The fund aims to generate returns for investors through a combination of dividends, share buybacks, and debt paydowns. Cambria's quantitative model selects stocks with the highest shareholder yield and applies various value metrics to construct a portfolio that aims to provide income and capital appreciation. EYLD's sector and geographic exposure may change over time, and it may invest in both larger and smaller market capitalization companies within the emerging markets it targets. The fund's active management strategy involves adjusting its holdings periodically to meet specific investment criteria and target allocations, potentially resulting in a higher portfolio turnover.
The exposure characteristic of the Cambria Emerging Shareholder Yield ETF (EYLD) revolves around its active management strategy in emerging foreign markets. EYLD seeks to invest in publicly listed companies in emerging markets that provide high shareholder yield, which encompasses returns from dividends, buybacks, and debt paydowns. With a focus on countries like Brazil, India, and South Korea, EYLD''s exposure allows investors to tap into the potential for income and capital appreciation in emerging market equities. For deeper insights into EYLD''s exposure and how it aligns with your investment goals, ETF Insider offers a powerful web app with comprehensive data, visualizations, and correlations for all US ETFs.
ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.
Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.
This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.
5 min readThe BJUN ETF is a specialized investment fund that focuses on global companies in the relevant sectors. This exchange-traded fund offers investors exposure to a diverse range of innovative and cutting-edge companies engaged in advancements in the industry. Discover the potential growth opportunities and risks associated with investing in this dynamic sector through the BJUN ETF.
4 min readThe EYLD ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
6 min readThe OAEM ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
