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Arrow Reserve Capital Management ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The Arrow Reserve Capital Management ETF is an actively managed fund that seeks to preserve capital and maximize income potential by investing in investment-grade, short-term debt securities. |
| Category | Corporate |
| Fund Sponsor | Arrow Investment Advisors |
| Website | www.arrowshares.com |
| Inception date | Mar 31, 2017 |
| Assets (mns) | $46 |
| Currency | USD |
| Expense ratio | 50 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Proprietary |
| Index replication |
| No. of constituents | 86 |
| No of distinct issuers | 68 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 22% /78% |
| Non-standard maturity (callable, etc.) | 47% |
| UNITED STATES TREASUR 0.0% 8/20/19 | 6.5 % |
| UNITED STATES TREASUR 0.0% 7/23/19 | 4.0 % |
| 0.0% 7/18/19 | 2.7 % |
| 0.0% 3/15/20 | 2.7 % |
| 0.0% 12/20/19 | 2.7 % |
| 0.0% 11/01/19 | 2.7 % |
| 0.0% 1/10/20 | 2.5 % |
| 0.0% 5/11/20 | 2.4 % |
| 0.0% 9/18/20 | 2.4 % |
| 0.0% 9/10/19 | 2.4 % |
| TOTAL | 31.1 % |
|---|
| U.S. TREASURY | 26.8% |
| CITIGROUP INC | 2.8% |
| BANK OF AMERICA CORP | 2.3% |
| CATERPILLAR FINANCIAL SERVICES COR... | 2.2% |
| GOLDMAN SACHS GROUP, INC. | 2.2% |
 |
UNITED STATES | 83.2 % |
 |
SINGAPORE | 1.1 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 1.0% | 5.4% | 2.5% | -- | 2.1% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.07 | 25% |
| S&P500 | 0.03 | 20% |
| MSCI EAFE | 0.03 | 19% |
| MSCI Emg. Mkts. | 0.02 | 16% |
| Recent close | $100.37 |
| 30d moving avg. | $100.13 |
| Annualized volatility | 1.0% |
| Short interest (ETF) | 1.0% |
| Relative strength (RSI) | 83 |
| Avg. volume (thou.) | 1 |
| Avg. daily value traded (mns) | $0 |
| Turnover | 0.2% |
| Bid/Ask (% of price) | 0.59 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| ARCM | 0.6 yrs | Category Avg.* |
4.6 yrs |
| ARCM | 0.6% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 7.57% | -4.4% | $96.00 |
| +200 bp | 6.57% | -2.3% | $98.03 |
| +150 bp | 6.07% | -1.5% | $98.83 |
| +100 bp | 5.57% | -0.9% | $99.48 |
| +75 bp | 5.32% | -0.6% | $99.76 |
| +50 bp | 5.07% | -0.4% | $100.00 |
| +25 bp | 4.82% | -0.2% | $100.20 |
| 0 bp | 4.57% | 0% | $100.37 |
| -25 bp | 4.32% | 0.1% | $100.50 |
| -50 bp | 4.07% | 0.2% | $100.60 |
| -75 bp | 3.82% | 0.3% | $100.66 |
| -100 bp | 3.57% | 0.3% | $100.68 |
| -150 bp | 3.07% | 0.3% | $100.62 |
| -200 bp | 2.57% | 0.1% | $100.42 |
| -300 bp | 1.57% | -0.8% | $99.59 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
457 | bp |
| Less: Annual "default factor" |
8 | bp |
| Less: Expense ratio | 50 | bp |
| Equals: ALTAR Score | 3.99 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The Arrow Reserve Capital Management ETF is classified as a Corporate fund. | |