ARROW FUNDS DISTRIBUTION HISTORY

2009 Year-End Distributions

Record Date: 12/29/2009
ExDiv/Reinvest Date: 12/30/2009

Pay Date:12/30/2009

Fund

Class

Ticker

Short Term Capital Gains

Long Term Capital Gains

Income Distibutions

Arrow DWA Balanced Fund	A-Shares	DWAFX	0.000	0.000	0.115330
	C-Shares	DWATX	0.000	0.000	0.052346

 

Arrow DWA Tactical Fund	A-Shares	DWTFX	0.000	0.000	0.009161
	C-Shares	DWTTX	0.000	0.000	0.00000

 

Arrow Alternative Solutions Fund	A-Shares	ASFFX	0.000	0.000	0.00000
	C-Shares	ASFTX	0.000	0.000	0.00000

 

 

 

2009 Mid-Year Income Distribution

Record Date: 7/1/2009
ExDiv/Reinvest Date: 7/2/2009

Pay Date:7/6/2009

Fund

Class

Ticker

Short Term Capital Gains

Long Term Capital Gains

Income Distibutions

Arrow Alternative Solutions Fund	A-Shares	ASFFX	N/A	N/A	0.0797
	C-Shares	ASFTX	N/A	N/A	0.1009

 

 

 

2008 Year-End Distributions

Record Date: 12/29/2008
ExDiv/Reinvest Date: 12/30/2008

Pay Date:12/30/2008

Fund

Class

Ticker

Short Term Capital Gains

Long Term Capital Gains

Income Distibutions

Arrow DWA Balanced Fund	A-Shares	DWAFX	0.000	0.000	0.0601
	C-Shares	DWATX	0.000	0.000	0.0050

 

Arrow DWA Tactical Fund	A-Shares	DWTFX	0.000	0.000	0.0310
	C-Shares	DWTTX	0.000	0.000	0.0140

 

Arrow Alternative Solutions Fund	A-Shares	ASFFX	0.000	0.000	0.2154
	C-Shares	ASFTX	0.000	0.000	0.1682

 

 

2007 ARROW ALTERNATIVE SOLUTIONS FUND  

Distribution Type	Share Class	Ticker	Distributions per Share	Record Date	REINVEST/PAY DATE
Income	Advisor	ASFTX	.0232	Dec-28-2007	Dec-28-2007
Income	A-Shares	ASFFX	.0299	Dec-28-2007	Dec-28-2007

2007 ARROW DWA BALANCED FUND 

Distribution Type	Share Class	Ticker	Distributions per Share	Record Date	REINVEST/PAY DATE
Income	Advisor	DWATX	.0311	Dec-28-2007	Dec-31-2007
Income	A-Shares	DWAFX	.0810	Dec-28-2007	Dec-31-2007

Distribution Type	Share Class	Ticker	Distributions per Share	Record Date	REINVEST/PAY DATE
LTCG	A-Shares	DWAFX	.046	Dec-5-2007	Dec-6-2007
STCG	A-Shares	DWAFX	.092	Dec-5-2007	Dec-6-2007
Total	A-Shares	DWAFX	.138	Dec-5-2007	Dec-6-2007

Distribution Type	Share Class	Ticker	Distributions per Share	Record Date	REINVEST/PAY DATE
LTCG	Advisor	DWATX	.046	Dec-5-2007	Dec-6-2007
STCG	Advisor	DWATX	.092	Dec-5-2007	Dec-6-2007
Total	Advisor	DWATX	.138	Dec-5-2007	Dec-6-2007

 

 

2006 ARROW DWA BALANCED FUND

Distribution Type	Share Class	Ticker	Distributions per Share	Record Date	REINVEST/PAY DATE
Income	Advisor	DWATX	.0464	Dec-28-2006	Dec-28-2006
Income	A Shares	DWAFX	.0649	Dec-28-2006	Dec-28-2006

 

Key: LTCG - Long Term Capital Gain;  STGC - Short Term Capital Gain;  Income - Dividend Income

Notes: Income distributions are generally considered ordinary taxible income for 1099 purposes. This information should
not be construed as tax advice. Please consult a tax professional for more information.