The Arrow DWA Tactical: Balanced Fund Class C (DWATX) is a mutual fund that aims to provide a balanced portfolio by investing in a mix of stocks and bonds. It is managed by Arrow Investment Advisors and utilizes a tactical approach, meaning it actively adjusts its holdings based on market conditions. This fund is classified as Class C, which typically has higher fees but may offer lower initial investment requirements. Overall, DWATX seeks to provide investors with a diversified and actively managed investment option.