Arrow DWA Tactical: Balanced Fund Class A (DWAFX)

Fund Assets	38.43M
Expense Ratio	2.26%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.02
Dividend Yield	0.12%
Dividend Growth	-96.84%
Payout Frequency	Annual
Ex-Dividend Date	n/a

Previous Close	11.67
YTD Return	2.02%
1-Year Return	2.33%
5-Year Return	23.94%
52-Week Low	10.45
52-Week High	12.01
Beta (5Y)	0.46
Holdings	131
Inception Date	Aug 7, 2006

About DWAFX

The Arrow DWA Tactical: Balanced Fund Class A (DWAFX) seeks to achieve an appropriate balance between long-term capital appreciation and capital preservation. DWAFX is a "fund-of-funds," which means that it primarily invests in exchange traded fund (ETFs) and other types of investment companies without restriction as to capitalization, credit quality or country.

• Category: Tactical Allocation
• Stock Exchange: NASDAQ
• Ticker Symbol: DWAFX
• Share Class: Class A Shares
• Index: Index is not available on Lipper Database

Performance

DWAFX had a total return of 2.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.76%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VTMFX	Vanguard	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.09%
VSCGX	Vanguard	Vanguard LifeStrategy Conservative Growth Fund Investor Shares	0.12%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DWANX	Institutional Class Shares	2.01%
DWATX	Class C Shares	3.01%

Top 10 Holdings

54.88% of assets

Name	Symbol	Weight
Arrow DWA Tactical: International ETF	DWCR	14.64%
iShares Select U.S. REIT ETF	ICF	5.28%
iShares JP Morgan USD Emerging Markets Bond ETF	EMB	4.71%
iShares iBoxx $ High Yield Corporate Bond ETF	HYG	4.68%
iShares iBoxx $ Investment Grade Corporate Bond ETF	LQD	4.51%
iShares TIPS Bond ETF	TIP	4.45%
iShares 1-3 Year Treasury Bond ETF	SHY	4.41%
Vanguard Growth ETF	VUG	4.41%
Nomura Financial Call Option	n/a	4.25%
First American Government Obligations Fund	FGXXX	3.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 26, 2024	$0.0152	Dec 27, 2024
Dec 26, 2023	$0.4806	Dec 27, 2023
Dec 27, 2022	$0.6708	Dec 28, 2022
Dec 29, 2021	$0.6158	Dec 30, 2021
Dec 29, 2020	$1.4868	Dec 29, 2020
Dec 26, 2019	$0.239	Dec 26, 2019