PodcastThe Meb Faber Show - Better InvestingOctober 2, 2026
Cambria Fund Profile: Shareholder Yield Suite
Cambria's five shareholder-yield ETFs screen for cheap, cash-returning stocks and have ranked top-13% in their Morningstar categories over 10 years.
- Dividends miss most of the story: S&P 500 dividend yield sits near 1%, a record low, but payout mix shifted from ~60% dividends a century ago to buybacks exceeding $1 trillion vs. $660 billion in dividends over the 12 months through Sept 25, 2025 (per S&P Global)—60 cents of every shareholder dollar now comes via buybacks.
- Five-ETF suite: Cambria applies identical shareholder-yield screening (yield, valuation, quality/leverage, debt retirement, momentum) across SYLD (US), FYLD (foreign developed), EYLD (emerging), LYLD (large cap), and MYLD (micro/small cap), landing on ~50-100 equal-weighted, quarterly-rebalanced stocks per fund.
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