Cambria Tail Risk ETF (TAIL)

Assets	$82.25M
Expense Ratio	0.59%
PE Ratio	15.94
Shares Out	6.90M
Dividend (ttm)	$0.46
Dividend Yield	3.90%
Ex-Dividend Date	Mar 21, 2024
Payout Ratio	62.19%
1-Year Return	-19.19%

Volume	18,654
Open	11.78
Previous Close	11.83
Day's Range	11.77 - 11.84
52-Week Low	11.77
52-Week High	15.02
Beta	-0.38
Holdings	13
Inception Date	Apr 6, 2017

About TAIL

Fund Home Page

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is issued by Cambria.

• Asset Class: Asset Allocation
• Category: Trading--Inverse Equity
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: TAIL
• ETF Provider: Cambria

Top 10 Holdings

111.04% of assets

Name	Symbol	Weight
United States Treasury Notes 4.13%	T 4.125 11.15.32	90.54%
Option on S&P 500 PR	n/a	3.54%
Option on S&P 500 PR	n/a	3.42%
Option on S&P 500 PR	n/a	2.53%
DEPOSITS WITH BROKER FOR SHORT POSITIONS	n/a	2.51%
Option on S&P 500 PR	n/a	2.34%
Option on S&P 500 PR	n/a	2.05%
Option on S&P 500 PR	n/a	1.81%
Option on S&P 500 PR	n/a	1.42%
First American Treasury Obligs X	FXFXX	0.88%

Dividends

Ex-Dividend	Amount	Pay Date
Mar 21, 2024	$0.1015	Apr 1, 2024
Dec 14, 2023	$0.12045	Dec 26, 2023
Sep 21, 2023	$0.11678	Oct 2, 2023
Jun 22, 2023	$0.12129	Jul 3, 2023
Mar 23, 2023	$0.12013	Apr 3, 2023
Dec 22, 2022	$0.07195	Jan 3, 2023