Cambria Fixed Income Trend ETF(CBOE:CFIT)

CFIT seeks income and capital growth from an actively managed portfolio of fixed income securities. The fund may obtain bond exposure either directly or indirectly through investments in exchange-traded funds. The portfolio holds debt securities of any credit quality and maturity, including US and non-US government obligations, municipal bonds, mortgage-backed securities, corporate debts, convertible and preferred securities, and private credit. The fund adviser utilizes its own quantitative model designed to tactically select holdings based on a comparison of current price trends across fixed income categories. The fund seeks to equally weight the identified fixed income segments demonstrating upward price trends. However, security weights may fluctuate due to market conditions. If no fixed income categories demonstrate price trend strength, the fund may invest up to 100% of its net assets in T-Bills. The fund evaluates the price trends no less frequently than on a quarterly basis.