Arrow DWA Tactical: Macro ETF (DWAT)

Assets	$2.23M
Expense Ratio	1.95%
PE Ratio	22.81
Shares Out	200,000
Dividend (ttm)	$0.01
Dividend Yield	0.10%
Ex-Dividend Date	Dec 26, 2024
Payout Ratio	2.18%
1-Year Return	-5.42%

Volume	47
Open	10.58
Previous Close	11.15
Day's Range	10.44 - 10.58
52-Week Low	10.30
52-Week High	12.30
Beta	0.59
Holdings	12
Inception Date	Oct 1, 2014

About DWAT

Fund Home Page

The Arrow DWA Tactical: Macro ETF (DWAT) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively-managed, multi-asset fund-of-funds that primarily aims for capital appreciation with capital preservation as its secondary objective. DWAT was launched on Oct 1, 2014 and is issued by Arrow Funds.

• Asset Class: Alternatives
• Category: Tactical Allocation
• Stock Exchange: BATS
• Ticker Symbol: DWAT
• ETF Provider: Arrow Funds

Top 10 Holdings

98.14% of assets

Name	Symbol	Weight
iShares S&P 500 Growth ETF	IVW	12.19%
iShares MSCI USA Quality Factor ETF	QUAL	11.89%
Industrial Select Sector SPDR Fund	XLI	11.48%
Technology Select Sector SPDR Fund	XLK	10.62%
Invesco DB Precious Metals Fund	DBP	10.10%
Financial Select Sector SPDR Fund	XLF	9.84%
iShares MSCI USA Momentum Factor ETF	MTUM	9.84%
Invesco Dividend Achievers ETF	PFM	9.25%
Sprott Physical Gold Trus	n/a	7.29%
Sprott Physical Silver Tr	n/a	5.64%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 26, 2024	$0.010	n/a
Dec 26, 2023	$0.053	Jan 2, 2024
Dec 23, 2022	$0.728	Jan 3, 2023
Dec 23, 2021	$2.674	Jan 3, 2022
Dec 26, 2019	$0.331	Jan 2, 2020
Dec 28, 2018	$0.338	Jan 7, 2019