ASFTX — Arrow DWA Tactical: Income Fund
Data updated: 2021-12-29
ASFTX — Arrow DWA Tactical: Income Fund. United States Value Equity · $2.07M AUM · 3.94% expense ratio. Holdings, fees, performance and SEC filings.
ASFTX Fund Overview
ASFTX — Arrow DWA Tactical: Income Fund is a US mutual fund managed by Arrow Investments Trust, categorised as United States Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Arrow Investments Trust
- Category: United States Value Equity
- Assets under management: $2.07M
- 1-year return: 1.2%
- Ticker: ASFTX
- SEC CIK: 0001527428
- SEC series ID: S000035947
- Share class ID: C000110174
ASFTX Investment Objective and Strategy
Arrow DWA Tactical: Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Arrow Investments Trust.
Investment objective
The Arrow Dynamic Income Fund (the Fund) seeks income, and long-term capital appreciation with an emphasis on absolute (positive) returns, low volatility and low correlation to the equity and fixed income markets.
Principal investment strategy
The Fund primarily invests in fixed income securities of any maturity issued by the U.S. government or its agencies, and domestic corporate debt of any credit rating. In addition to the direct investments in U.S. government and corporate debt, the Fund will use swap agreements and other derivatives such as futures, options, and structured notes, as well as exchange traded funds (ETFs), and other investment companies, (including affiliated funds), to obtain long and short exposure within the same asset classes. Arrow Investment Advisors, LLC (the Advisor), actively manages the Funds dynamic fixed income strategies. These strategies consider micro and macro market factors derived from analytical models taking US Treasury, credit, and high yield market trends into consideration. The Fund will invest in securities of a particular fixed income asset category when market trends of that category are positive or, conversely, sell or hedge securities in a fixed income asset category when trends are unfavorable.
The Fund also allocates a portion of its assets to fixed income securities for the purpose of generating income. The Advisor allocates the Funds portfolio across fixed income market segments (such as corporate high yield debt securities, liquid credit default instruments (such as credit default swaps) and longer-term U.S. Treasury bonds (generally, 10-30 years). The Advisor seeks exposure to each market segment by taking a long, short, or neutral (investing in cash or cash equivalents) position in the portfolio securities. The Funds investments in corporate debt securities may be rated below investment grade (rated BB+ or lower by S&P or comparably rated by another nationally recognized statistical rating organization (NRSRO)), also known as high-yield or junk bonds, and in unrated debt securities determined by the Advisor, to be of comparable quality.
The Advisor utilizes research to invest in (hold long) those assets expected to outperform their asset class, and sell all or part of an asset or sell short (short) those assets expected to underperform their asset class. This long/short portfolio construction attempts to provide absolute (positive) returns by minimizing the risk of substantial losses stemming from market declines, while reducing volatility. The Advisor may also invest in cash and cash equivalents (neutral) when those assets are expected to outperform other asset classes. The Advisor may generate income with hedging techniques on fixed income securities being held when trends for that market segment are unfavorable. The Advisor may engage in frequent buying and selling of portfolio securities to achieve the Funds investment objective.
ASFTX Performance
Total returns for ASFTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.2% |
ASFTX Risk Information
Risk metrics for ASFTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.8%
ASFTX Costs and Fees
ASFTX costs about $394 per $10,000 invested per year in fund expenses.
- Net expense ratio: 3.94%
- Gross expense ratio: 3.94%
- Portfolio turnover: 411%
- Brokerage commissions: 1.83 bps of average net assets (SEC N-CEN)
ASFTX Cashflows
Over the 12 months to 2021-10, Arrow DWA Tactical: Income Fund had net inflows of $1.62M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-10 | $3.33K |
| 2021-09 | $62.32K |
| 2021-08 | $70.64K |
| 2021-07 | $34.50K |
| 2021-06 | $96.41K |
| 2021-05 | $28.45K |
ASFTX Debt Constituents
No individual debt constituents are reported in Arrow DWA Tactical: Income Fund's latest SEC N-PORT filing.
ASFTX Prospectus and SEC Filings
Official Arrow DWA Tactical: Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-12-11
- Prospectus (485BPOS) — filed 2018-12-21
- Prospectus supplement (497) — filed 2020-12-21
- Portfolio holdings (N-PORT) — filed 2021-12-29
- Portfolio holdings (N-PORT) — filed 2021-09-27
- Portfolio holdings (N-PORT) — filed 2021-06-28
- Annual census (N-CEN) — filed 2021-10-14
- Annual census (N-CEN) — filed 2020-10-13
Related Funds
Other United States Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.