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Business Wire (Thu, 18-Dec 8:30 AM ET)
The Cambria Tax Aware ETF (the "Fund") seeks to provide a tax-efficient investment return consisting of capital appreciation. The Fund is an actively managed exchanged-traded fund ("ETF") that invests in U.S.-listed equity securities that have a market capitalization of greater than $5 billion. The investment sub-adviser, Cambria Investment Management, L.P. uses own quantitative model, to selects value stocks with lower dividend distributions, which are generally taxed as ordinary income. Cambria selects lower dividend yielding stocks that are attractive from a multi-factor value perspective based on traditional value metrics. The fund uses a composite approach, where multiple value metrics are used to rank the stock universe, can improve the robustness of selecting stocks versus reliance on any one value factor. Value stocks that do not generate high dividend yields have the potential to offer higher after tax returns than high dividend yielding stocks with similar total returns.
Cambria Tax Aware ETF trades on the NASDAQ stock market under the symbol TAX.
As of March 18, 2026, TAX stock price was flat at $27.40 with 1 million shares trading.
TAX has a market cap of $22.77 million. This is considered a Sub-Micro Cap stock.
TAX has underperformed the market in the last year with a price return of +18.2% while the SPY ETF gained +19.2%. TAX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.6% and -3.3%, respectively, while the SPY returned -0.1% and -1.7%, respectively.
TAX support price is $26.99 and resistance is $27.81 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TAX shares will trade within this expected range on the day.
