Foreign Shareholder Yield (FYLD) - Full Holdings

PERCENTAGE OF
NET ASSETS
NAMEIDENTIFIERSHARES HELDMARKET VALUE
1.040%HSBC HOLDINGS PLCHSBA LN51,546$503,921.82
0.612%LEGAL & GENERAL GROUP PLCLGEN LN84,676$296,735.39
1.503%PERSIMMON PLCPSN LN19,532$728,167.23
1.011%RIO TINTO PLCRIO LN10,342$490,010.28
0.113%CARILLION PLCCLLN LN97,634$54,925.64
0.678%ENSIGN ENERGY SERVICES INESI CN64,600$328,680.74
0.030%GREAT CANADIAN GAMING CORGC CN600$14,759.02
0.797%GREAT-WEST LIFECO INCGWO CN13,311$386,088.86
0.655%IGM FINANCIAL INCIGM CN9,090$317,627.42
1.304%MAGNA INTERNATIONAL INCMG CN11,552$631,724.69
1.592%METRO INCMRU CN23,716$771,689.24
0.705%KINGFISHER PLCKGF LN85,663$341,790.76
0.965%EDP-ENERGIAS DE PORTUGALEDP PL130,852$467,904.04
0.848%CASINO GUICHARD PERRACHONCO FP6,972$410,943.17
1.273%DNB ASADNB NO31,319$616,740.72
0.682%PEAB ABPEABB SS31,654$330,653.05
1.013%KESKO OYJ-B SHS8,972$491,114.38
1.061%CATTOLICA ASSICURAZIONI SCASS IM48,412$514,179.74
0.825%TELENOR ASATEL NO19,193$399,929.64
0.016%E.ON SEEOAN GR662$7,836.04
1.010%UPM-KYMMENE OYJUPM FH17,062$489,500.17
0.043%STORA ENSO OYJ-R SHSSTERV FH1,392$20,684.85
0.791%ENDESA SAELE SM16,954$383,420.24
1.251%MUENCHENER RUECKVER AG-REMUV2 GR2,743$606,372.67
0.490%BINCKBANK NVBINCK NA45,830$237,680.45
1.190%CNP ASSURANCESCNP FP24,513$576,863.55
1.179%NEOPOST SANEO FP14,592$571,198.64
1.039%GAS NATURAL SDG SAGAS SM23,048$503,499.57
0.039%METSO OYJMETSO FH509$18,665.02
1.170%AEGON NVAGN NA95,532$567,043.10
1.521%STMICROELECTRONICS NVSTM IM37,333$737,324.10
0.552%TELIA CO ABTELIA SS55,916$267,650.81
1.040%ZURICH INSURANCE GROUP AGZURN VX1,672$504,221.33
1.056%M6-METROPOLE TELEVISIONMMT FP21,017$511,887.48
0.649%HANG LUNG PROPERTIES LTD101 HK131,412$314,361.82
0.023%AOYAMA TRADING CO LTD8219 JP300$10,982.27
0.028%AUTOBACS SEVEN CO LTD9832 JP800$13,669.20
0.710%FORTESCUE METALS GROUP LTFMG AU90,136$344,176.80
0.945%NTT DOCOMO INC9437 JP19,370$458,067.93
0.773%BROTHER INDUSTRIES LTD6448 JP15,200$374,513.31
0.827%CALTEX AUSTRALIA LTDCTX AU15,203$400,734.11
0.382%CABCHARGE AUSTRALIA LTDCAB AU127,057$185,059.72
0.857%DAI NIPPON PRINTING CO LT7912 JP17,526$415,316.91
0.406%LI & FUNG LTD494 HK386,048$196,973.37
1.273%DENKI KAGAKU KOGYO K K4061 JP19,000$617,042.07
1.294%SHOUGANG FUSHAN RESOURCES639 HK2,812,000$627,260.14
1.024%HOKKOKU BANK LTD/THE8363 JP11,400$496,334.80
1.373%HOSIDEN CORP6804 JP41,800$665,561.33
1.051%ITOCHU CORP8001 JP30,400$509,300.28
2.302%MONADELPHOUS GROUP LTDMND AU85,711$1,115,452.25
0.660%NIKKISO CO LTD6376 JP34,200$319,680.13
1.129%NOF CORP4403 JP19,000$546,981.21
0.943%NITTO BOSEKI CO LTD3110 JP15,200$457,168.24
1.039%NIPPON EXPRESS CO LTD9062 JP7,600$503,762.94
0.026%ZEON CORP4205 JP1,000$12,626.06
0.953%QANTAS AIRWAYS LTDQAN AU91,656$461,830.32
0.560%SANKYO CO LTD6417 JP8,149$271,524.72
0.664%SHANGHAI INDUSTRIAL HLDG363 HK102,912$321,913.34
1.225%SUMITOMO BAKELITE CO LTD4203 JP76,000$593,575.90
0.829%SUZUKI MOTOR CORP7269 JP7,600$401,727.31
0.017%SWIRE PACIFIC LTD-A19 HK833$8,115.99
1.269%TAISEI CORP1801 JP11,400$614,847.39
1.381%TOYO KANETSU K. K.6369 JP19,000$669,376.69
0.761%TSUGAMI CORP6101 JP38,000$369,043.49
0.852%AXA SACS FP13,769$412,714.60
0.026%ADECCO GROUP AG-REGADEN VX163$12,710.63
1.426%BNP PARIBASBNP FP8,671$691,166.67
0.822%SAINSBURY (J) PLCSBRY LN122,791$398,148.49
0.774%MEDIASET ESPANA COMUNICACTL5 SM33,158$374,900.23
0.878%SARAS SPASRS IM164,160$425,677.75
0.924%XINYI GLASS HOLDINGS LTD868 HK456,000$447,792.42
0.624%ENGIEENGI FP17,688$302,213.98
0.587%SKY NETWORK TELEVISION LTSKT NZ145,283$284,650.57
0.940%JM ABJM SS16,546$455,476.58
0.771%SPAR NORD BANK A/SSPNO DC30,514$373,761.67
1.365%SHIMAO PROPERTY HOLDINGS813 HK304,000$661,750.68
0.773%MIXI INC2121 JP7,600$374,783.42
1.068%GALP ENERGIA SGPS SAGALP PL27,788$517,389.29
0.881%DUSKIN CO LTD4665 JP15,200$426,780.40
1.304%NATIXISKN FP80,560$631,747.75
0.883%ENTERPRISE INNS PLCETI LN245,898$427,945.56
1.270%SPORTS DIRECT INTERNATIONSPD LN120,992$615,699.31
1.146%FREENET AGFNTN GR16,508$555,602.80
2.546%UT GROUP CO LTD2146 JP64,600$1,234,084.14
2.256%SALMAR ASASALM NO34,982$1,093,393.83
1.099%GRIEG SEAFOOD ASAGSF NO51,110$532,817.88
1.171%SHANDONG CHENMING PAPER-H1812 HK323,000$567,291.42
0.944%GENWORTH MI CANADA INCMIC CN14,570$457,629.10
0.826%PANDORA A/S4,261$400,254.60
0.388%MYER HOLDINGS LTDMYR AU318,640$188,149.52
0.970%SWISS RE AGSREN VX5,065$469,961.83
0.756%CENTAMIN PLCCEY LN193,154$366,527.71
1.112%AGEASAGS BB11,112$538,916.74
0.014%TELEVISION BROADCASTS LTD511 HK1,968$6,711.04
0.752%LABRADOR IRON ORE ROYALTYLIF CN22,204$364,358.74
1.334%DOMINION DIAMOND CORPDDC CN45,600$646,339.49
0.013%TOWER LTDTWR NZ10,649$6,132.19
1.239%BRP INC/CA- SUB VOTINGDOO CN19,000$600,424.66
0.771%TFI INTERNATIONAL INCTFII CN14,562$373,836.37
0.523%ROYAL MAIL PLCRMG LN49,364$253,670.07
0.786%VODAFONE GROUP PLCVOD LN133,345$380,867.89
0.847%NOVO NORDISK A/S-BNOVOB DC8,073$410,308.69
1.320%SOUTH32 LTD-W/IS32 LN258,514$639,557.74
1.521%TRYG A/STRYG DC30,937$737,216.26
1.384%INTERMEDIATE CAPITAL GROUICP LN53,448$670,640.84
0.870%SOLOCAL GROUPLOCAL FP381,444$421,839.42
4.233%CASH2,085,926$2,051,230.14

Data as of 10/19/2017

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.

The Cambria Sovereign Bond ETF was formerly known as The Cambria Sovereign High Yield Bond ETF.

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.