Cambria Micro and Small Cap Yield Fund (MYLD)

Overview

The fund operates within the investment sector, focusing on active management strategies to optimize the returns for its investors. By employing a model-based approach, the fund meticulously selects investments, concentrating primarily on equity securities such as common stock. These securities are issued by U.S.-based micro and small capitalization publicly listed companies. A distinctive characteristic of these chosen companies is their ability to provide high "shareholder yield." This term reflects the total returns anticipated by shareholders from dividends, share buybacks, and debt reduction strategies. In pursuit of its investment objective, the fund commits to investing at least 80% of its net assets, in addition to borrowings for investment purposes, into the specified assets under typical market conditions. This strategy suggests a strong preference for companies that are not just promising in terms of size but are also geared toward delivering significant returns to their shareholders through various financial maneuvers.

Products and Services

• Equity Securities Investment

  At its core, the fund specializes in investing in equity securities, including common stocks, of micro and small capitalization companies in the U.S. This approach is designed for investors seeking exposure to potentially high-growth sectors within the domestic market, specifically focusing on those stocks that promise high shareholder yields.

• Model-Based Investment Strategy

  The fund utilizes a sophisticated model-based approach to guide its investment decisions. This strategy involves the use of analytical models to identify and invest in companies most likely to offer high shareholder yields. By relying on a systematic process for evaluating investment opportunities, the fund aims to mitigate risks and capitalize on returns in the volatile micro and small cap market segments.