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About Cambria Global Value ETF
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Inception date
Mar 12, 2014
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Cambria Investment Management LP
Distributor
ALPS Distributors, Inc.
GVAL offers an unusual take on the global equity market as it attempts to identify and capture value opportunities on a country-by-country basis. Stocks selected must be domiciled, trade, or have exposure to a market that is undervalued as determined by various valuation metrics including the CAPE Shiller P/E ratio. During its annual reconstitution, Cambria selects positions by applying a quantitative screen (potentially including P/E, P/B, P/CF, P/S and dividend yield) to entire equity markets and includes caps to avoid concentration in any one country, sector or industry. This approach naturally carries it far afield from our neutral benchmark, and GVAL by its very nature makes heavy bets on individual countries. Prior to June 1, 2020, the fund provided similar exposure by tracking the Cambria Global Value Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Non-Energy Minerals
Stocks97.24%
Finance38.73%
Utilities11.78%
Non-Energy Minerals10.57%
Energy Minerals8.80%
Communications5.60%
Transportation3.51%
Retail Trade3.41%
Consumer Non-Durables3.29%
Consumer Durables1.86%
Process Industries1.84%
Consumer Services1.77%
Producer Manufacturing1.77%
Electronic Technology1.74%
Technology Services1.70%
Distribution Services0.89%
Bonds, Cash & Other2.76%
Cash1.22%
UNIT0.87%
Mutual fund0.66%
Stock breakdown by region
Europe44.57%
Asia28.13%
Latin America27.30%
North America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GVAL invests in stocks. The fund's major sectors are Finance, with 38.73% stocks, and Utilities, with 11.78% of the basket. The assets are mostly located in the Europe region.
GVAL top holdings are MONETA Money Bank AS and Komercni banka, a.s., occupying 3.08% and 2.42% of the portfolio correspondingly.
GVAL last dividends amounted to 0.97 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 97.94% increase.
GVAL assets under management is 206.13 M USD. It's risen 20.81% over the last month.
GVAL fund flows account for 73.87 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GVAL pays dividends to its holders with the dividend yield of 3.65%. The last dividend (Jul 1, 2024) amounted to 0.97 USD. The dividends are paid quarterly.
GVAL shares are issued by Cambria Investment Management LP under the brand Cambria. The ETF was launched on Mar 12, 2014, and its management style is Active.
GVAL expense ratio is 0.64% meaning you'd have to pay 0.64% of your investment to help manage the fund.
GVAL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GVAL invests in stocks.
GVAL price has risen by 5.47% over the last month, and its yearly performance shows a 14.92% increase. See more dynamics on GVAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.97% over the last month, showed a 14.54% increase in three-month performance and has increased by 19.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.97% over the last month, showed a 14.54% increase in three-month performance and has increased by 19.59% in a year.
GVAL trades at a premium (0.67%) meaning the ETF is trading at a higher price than the calculated NAV.