Cambria Emerging Shareholder Yield ETF is an actively managed exchange-traded fund that invests in emerging market equities. It targets companies returning cash to shareholders through dividends, net share buybacks, and net debt reduction, selecting approximately 100 holdings based on the best combined rankings of these shareholder yield attributes while screening for value, quality, and low financial leverage factors. The portfolio features significant allocations to financial services, industrials, technology, energy, and consumer cyclical sectors, with top holdings including firms like HD Hyundai Construction Equipment, Sinotruk (Hong Kong) Ltd, and KB Financial Group Inc from markets such as South Korea, Taiwan, and others. Cambria Emerging Shareholder Yield ETF provides quarterly dividend distributions and offers differentiated sector exposure compared to benchmarks like the MSCI Emerging Markets Index, emphasizing lower valuations. Founded in 2016, it plays a key role in the diversified emerging markets category, appealing to investors seeking equity income from high-yield strategies in developing economies.