Cambria Global Real Estate ETF (BLDG) NPORT-P Cambria Global Tail Risk ETF (Jul 2024 report)

Cambria Global Tail Risk ETF
Schedule of Investments
July 31, 2024 (Unaudited)
Sector Weightings
Cambria Global Tail Risk ETF
Exchange Traded Funds	97.0	%
Purchased Options	3.0	%
	100.0	%
Percentages are stated as a percent of total investments, excluding short-term investments.

			Shares		Value
Exchange Traded Funds - 90.8%
iShares® 7-10 Year Treasury Bond ETF				6,327	$	607,835
iShares® TIPS Bond ETF				5,441		588,607
VanEck J.P. Morgan EM Local Currency Bond ETF				21,863		529,303
Vanguard Total International Bond ETF				10,666		529,140
Total Exchange Traded Funds (Cost $2,327,888)						2,254,885
	Notional Amount		Contracts
Options Purchased - 2.8%
Put Options - 2.8%					$	–
MSCI EAFE Index,				–	$	–
Expiration: 09/20/2024; Exercise Price: $1,900	$	476,288		2		110
Expiration: 12/20/2024; Exercise Price: $2,000		1,428,864		6		5,820
Expiration: 03/21/2025; Exercise Price: $2,100		2,857,728		12		32,880
Expiration: 06/20/2025; Exercise Price: $2,200		238,144		1		5,865
MSCI Emerging Markets Index,				–	$	–
Expiration: 09/20/2024; Exercise Price: $900		325,431		3		210
Expiration: 12/20/2024; Exercise Price: $900		976,293		9		3,600
Expiration: 03/21/2025; Exercise Price: $950		1,301,724		12		14,100
Expiration: 06/20/2025; Exercise Price: $1,000		325,431		3		7,815
Total Options Purchased (Cost $184,823)						70,400
			Shares
Short-Term Investments - 5.1%
Money Market Funds - 5.1%
First American Treasury Obligations Fund - Class X, 5.20% (a)				125,669		125,669
Total Short-Term Investments (Cost $125,669)						125,669
Total Investments - 98.7% (Cost $2,638,380)						2,450,954
Other Assets in Excess of Liabilities - 1.3%						33,020
Total Net Assets - 100.0%					$	2,483,974
Percentages are stated as a percent of net assets.

EAFE – Europe, Australasia and Far East

EM – Emerging Markets

ETF – Exchange Traded Funds

MSCI – Morgan Stanley Capital International

TIPS – Treasure Inflation Protected Security

(a) The rate shown represents the 7-day annualized effective yield as of July 31, 2024.

Cambria Global Tail Risk ETF

	Level 1		Level 2		Level 3		Total
Assets:
Exchange Traded Funds	$	2,254,885	$	–	$	–	$	2,254,885
Options Purchased		–		70,400		–		70,400
Money Market Funds		125,669		–		–		125,669
Total Assets	$	2,380,554	$	70,400	$	–	$	2,450,954
The average notional amount of purchased option contracts during the period ended July 31, 2024, was $6,797,500.