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Arrow Funds Distribution Estimates 

2018 Distribution Estimates 
Estimates Only (all information subject to change)

The distribution estimates are provided for informational purposes only. The information is not to be relied upon for legal or tax advice. Investors should consult with their legal or tax advisors for assistance.
Arrow DWA Tactical Fund
ClassTickerRecord
Date
Ex-DatePay DateShort Term
Cap Gain
Long Term
Cap Gain
Income
Distribution
Class ADWTFX 12/26/201812/27/201812/27/20180.07140.2548 0.0000
Class CDWTTX12/26/201812/27/201812/27/20180.07140.2548 0.0000
Class IDWTNX12/26/201812/27/201812/27/20180.07140.2548 0.0001
Arrow DWA Balanced Fund
ClassTickerRecord
Date
Ex-DatePay DateShort Term
Cap Gain
Long Term
Cap Gain
Income
Distribution
Class ADWAFX 12/26/201812/27/201812/27/20180.29280.5927 0.0000
Class CDWATX12/26/201812/27/201812/27/20180.29280.5927 0.0000
Class IDWANX12/26/201812/27/201812/27/20180.29280.5927 0.0000

The following funds currently have no distributions estimated for year-end 2018 (subject to change):

Arrow Managed Futures Strategy Fund

Note: Arrow Dynamic Income Fund pays a monthly income distribution, and is therefore not reflected on this table. Arrow Dynamic Income Fund distribution information can be viewed here.

2018 Distribution 
Arrow Managed Futures Strategy Fund
ClassTickerRecord
Date
Ex-DatePay DateShort Term
Cap Gain
Long Term
Cap Gain
Income
Distribution
Class AMFTFX 11/14/201811/15/201811/15/2018 0.0000 0.0000 0.5085
Class CMFTTX11/14/201811/15/201811/15/20180.00000.0000 0.4562
Class IMFTNX11/14/201811/15/201811/15/20180.00000.0000 0.5513

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Before investing, please read the prospectus and shareholder reports to learn about the investment strategy and potential risks. Investing involves risk including loss of principal. An investor should also consider the investment objective, charges, expenses, and risk carefully before investing. This and other information is contained in the prospectus, which can be obtained by calling 1-877-277-6933. Please read the prospectus carefully before investing. Content reviewed by an affiliate, Archer Distributors, LLC.

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