Arrow DWA Tactical: Macro ETF (DWAT)

Assets	$2.45M
Expense Ratio	1.95%
PE Ratio	23.11
Shares Out	200,000
Dividend (ttm)	$0.01
Dividend Yield	0.08%
Ex-Dividend Date	Dec 26, 2024
Payout Ratio	1.88%
1-Year Return	+10.47%

Volume	617
Open	12.21
Previous Close	12.29
Day's Range	12.19 - 12.21
52-Week Low	10.27
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

95.59% of assets

Name	Symbol	Weight
Industrial Select Sector SPDR Fund	XLI	11.97%
iShares Europe ETF	IEV	11.41%
iShares MSCI USA Momentum Factor ETF	MTUM	10.66%
Arrow Dow Jones Global Yield ETF	GYLD	10.12%
Invesco DB Precious Metals Fund	DBP	9.99%
iShares MSCI Eurozone ETF	EZU	9.95%
Financial Select Sector SPDR Fund	XLF	9.57%
Invesco S&P 500 Low Volatility ETF	SPLV	9.15%
Sprott Physical Gold Trus	n/a	7.04%
Sprott Physical Silver Tr	n/a	5.73%

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