Alpine Total Dynamic Dividend Fund (NYSE: AOD) & Alpine Global Dynamic Dividend Fund (NYSE: AGD) Increase Regular Monthly Dis...
April 20 2015 - 4:19PM
Business Wire
The Board of Trustees of Alpine Total Dynamic Dividend Fund
(NYSE: AOD) and Alpine Global Dynamic Dividend Fund (NYSE: AGD)
approved an increase to the monthly distribution of each of the
Funds commencing May 2015.
April 2015 May 2015 Change %
Alpine Total Dynamic Dividend Fund
(AOD)
$0.0565 per share $0.0575 per share 1.77%
Alpine Global Dynamic Dividend Fund
(AGD)
$0.064 per share $0.065 per share 1.56%
Dates related to the distribution declaration for the Funds’
are as follows:
Ex-Distribution Date
Record Date
Payable Date
May 19, 2015 May 21, 2015 May 29, 2015
The Funds’ monthly distributions may consist of net investment
income, net realized capital gains and /or a return of capital. If
a distribution includes anything other than net investment income,
the Funds will provide a notice of the best estimate of its
distribution sources when distributed, which will be posted on the
Funds’ website, or can be obtained by calling 1-800-617-7616. A
return of capital distribution does not necessarily reflect the
Funds’ investment performance and should not be confused with
“yield” or “income”. Final determination of the federal income tax
characteristics of distributions paid during calendar year will be
provided on U.S. Form 1099-DIV, which will be mailed to
shareholders. Over the past five years, Alpine Global Dynamic
Dividend Fund and Alpine Total Dynamic Dividend Fund did not pay
any distribution through a return of capital as determined at the
end of each year. Please consult your tax advisor for further
information.
An investment in these Funds presents a number of risks and is
not suitable for all investors. Investors should carefully review
and consider potential risks before investing. An investment in the
Funds’ common shares is subject to investment risk, including the
possible loss of the entire principal amount that you invest. Your
investment in common shares represents an indirect investment in
the securities owned by the Fund most of which are traded on a
national securities exchange or in the over-the-counter markets.
The value of these securities, like other market investments, may
move up or down, sometimes rapidly and unpredictably. Your common
shares at any point in time may be worth less than your original
investment, even after considering the reinvestment of Fund
dividends and distributions.
Other risks associated with investing in AOD and AGD include,
but are not limited to, risks involved with smaller and medium
sized companies, illiquid, foreign and restricted securities, and
short-term trading. The Funds’ strategy of investing in
dividend-paying stocks involves the risk that such stocks may fall
out favor with investors and underperform the market. In addition,
there is the possibility that such companies could reduce or
eliminate the payment of dividends in the future. The Funds may
hold securities for short periods of time related to the dividend
payment periods and may experience loss during those periods.
More information about the Funds is available on
www.alpinefunds.com.
Based in Westchester, New York, Alpine Woods Capital Investors,
LLC was founded in 1998.
This release contains forward-looking statements based on
currently available information. The Funds’ actual results could
differ materially from those anticipated due to various risks and
uncertainties. Alpine Total Dynamic Dividend Fund and Alpine Global
Dynamic Dividend Fund are closed-end funds and do not continuously
offer or redeem shares. The Funds trade in the secondary market and
investors wishing to buy or sell shares must place orders through a
financial intermediary or broker.
To read about the Funds, access the Annual and Semi-Annual
Reports in the Related Documents section of the website,
www.alpinefunds.com, or call 1-800-617-7616 to receive a copy of
the annual and semi-annual reports by mail. An investor should
consider the investment objectives, risks, charges and expenses
carefully before investing.
Alpine Woods Capital Investors, LLC advises Alpine’s closed-end
funds. Quasar Distributors, LLC provides filing administration for
Alpine’s closed-end funds. The Funds are not bought or sold through
Quasar Distributors.
Investor Contact:Alpine Woods Capital Investors, LLCMarc
Rappaport, 914-251-0880
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