ArrowFundsLogo
Dynamic Income Fund
Prospectus
Summary Prospectus
Fact Sheet
Analytics & Distributions
Market Environments
Market Volatility
Intro to Alternative Fixed Income
Fund Holdings
Performance

Ticker Symbols:

Class A

ASFFX

Class C

ASFTX

Class I

ASFNX

CUSIP Numbers:

Class A

042765107

Class C

042765206

Class I

042765305

Minimum Investment:

• $5,000 non-qualified accounts

• $2,000 retirement accounts

• $250 subsequent investments

• Class I minimum initial investment $1 million

Operating Expenses*Total Fund Expenses
Class A1.58%1.80%
Class C2.33%2.55%
Class I1.33%1.55%

*Plus acquired fund fees of 0.22%.

Fund Type:
Nontraditional Bond

Definitions:
Standard deviation is a statistical measurement of volatility based on historical returns.

Correlation measures how closely two securities' movements are associated, ranging from 1.0 (highly correlated) to -1.0 (inversely correlated).

Sharpe Ratio is a measure of risk adjusted returns and is the return less the risk-free rate divided by the standard deviation.

Absolute Returns are generally positive returns in any market environment. There is no guarantee that any investment will achieve this objective.


AD-072318

 

Historical NAVs

Distribution History


*Indicates partial year (See footnotes below for fund inception dates)

Arrow Dynamic Income Fund

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Class A

  2.30%* -12.10% 1.51% -3.75% -0.84% -1.70% -0.86% 0.03% 5.08% 10.94% -2.32% -0.90%

Class A (with sales charge)

  -3.58%* -17.14% -4.29% -9.32% -6.57% -7.31% -6.51% -5.71% -0.97% 4.58% -7.95% -6.55%

Class C

  2.33%* -12.75% 0.84% -4.59% -1.59% -2.46% -1.64% -0.59% 4.30% 10.04% -3.11% -1.55%

Class I

            -2.52%* -0.74% 0.32% 5.40% 11.17% -2.14% -0.63%
 

Arrow DWA Balanced Fund

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Class A

9.05%* 15.28% -25.57% 17.34% 16.08% -3.75% 7.68% 15.77% 2.62% -2.25% 0.00% 12.84% -10.07%

Class A (with sales charge)

2.78%* 8.67% -29.85% 10.64% 9.43% -9.26% 1.45% 9.11% -3.27% -7.88% -5.76% 6.34% -15.25%

Class C

8.76%* 14.28% -26.00% 16.30% 15.22% -4.40% 6.78% 14.97% 1.89% -2.96% -0.77% 11.93% -10.69%

Class I

            1.53%* 16.07% 2.91% -2.01% 0.24% 13.13% -9.78%
 

Arrow DWA Tactical Fund

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Class A

    -34.49%* 23.61% 12.55% -6.95% 5.67% 26.19% 6.28% -5.37% 4.85% 16.04% -12.14%

Class A (with sales charge)

    -38.25%* 16.46% 6.09% -12.28% -0.41% 18.92% 0.16% -10.85% -1.15% 9.41% -17.20%

Class C

    -34.76%* 22.73% 11.64% -7.62% 4.89% 25.22% 5.46% -6.16% 4.11% 15.27% -12.82%

Class I

            2.32%* 26.47% 6.48% -5.10% 5.03% 16.40% -11.91%
 

Arrow Managed Futures Strategy Fund

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Class A

        5.51%* -6.57% -12.03% -0.47% 4.50% 0.07% -6.45% 19.08% -19.59%

Class A (with sales charge)

        -0.56%* -11.94% -17.11% -6.22% -1.45% -5.71% -11.81% 12.17% -24.20%

Class C

        5.11%* -7.27% -12.75% -1.20% 3.64% -0.60% -6.97% 18.17% -20.21%

Class I

            -7.10%* 0.00% 4.59% 0.44% -6.32% 19.36% -19.44%
1 Represents the percentage increase/decrease in the net asset value from the prior trading day (adjusted for distributions).
2 Performance periods less than one year are not annualized.
3 The maximum sales charge for Class A is 5.75% and may be eligible for a reduction in sales charges.
4 Inception Dates: Arrow DWA Balanced Fund Class A & Class C 8/7/2006, Class I 3/21/2012; Arrow Dynamic Income Fund Class A & Class C 10/31/2007, Class I 3/21/2012; Arrow DWA Tactical Fund Class A & Class C 5/30/2008, Class I 3/21/2012. Arrow Managed Futures Strategy Fund Class A & Class C 4/30/2010, Class I 3/21/2012.

Past performance is not indicative of future returns. The performance data quoted represents past performance and current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. A fund's performance, especially for very short periods of time, should not be the sole factor in making your investment decisions. To obtain performance information current to the most recent month-end, please call toll-free 1-877-277-6933. The funds, except for the Arrow Dynamic Income Fund, charge a fee of 1.00% on redemptions of shares held less than 30 days. Total fund operating expenses: Arrow Dynamic Income Fund Class A 1.80%, Class C 2.55%, Class I 1.55%. Arrow DWA Balanced Fund Class A 1.86%, Class C 2.61%, Class I 1.61%; Arrow DWA Tactical Fund Class A 1.81%, Class C 2.56%, Class I 1.56%; Arrow Managed Futures Strategy Fund Class A 1.53%, Class C 2.28%, Class I 1.28%.


AD-060614