Arrow DWA Tactical: Balanced Fund Class C (DWATX)

Fund Assets	38.43M
Expense Ratio	3.01%
Min. Investment	$5,000
Turnover	n/a
Dividend (ttm)	0.34
Dividend Yield	3.26%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	10.35
YTD Return	1.87%
1-Year Return	1.77%
5-Year Return	19.68%
52-Week Low	9.30
52-Week High	10.70
Beta (5Y)	n/a
Holdings	131
Inception Date	Aug 7, 2006

About DWATX

The Arrow DWA Tactical: Balanced Fund Class C (DWATX) seeks to achieve an appropriate balance between long-term capital appreciation and capital preservation. DWATX 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
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DWATX
• Share Class: Class C Shares
• Index: Index is not available on Lipper Database

Performance

DWATX had a total return of 1.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.

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%
DWAFX	Class A Shares	2.26%

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, 2023	$0.337	Dec 27, 2023
Dec 27, 2022	$0.5558	Dec 28, 2022
Dec 29, 2021	$0.6158	Dec 30, 2021
Dec 29, 2020	$1.4604	Dec 29, 2020
Dec 26, 2019	$0.0969	Dec 26, 2019
Dec 27, 2018	$0.9669	Dec 27, 2018