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Thursday, June 4, 2009

Alpine Total Dynamic Dividend Fund and Alpine Global Dynamic Dividend Fund Declare Regular Monthly Distribution for June, July and August

The Board of Trustees of the Alpine Total Dynamic Dividend Fund (NYSE:AOD - News) and Alpine Global Dynamic Dividend Fund (NYSE:AGD - News) declared the same regular monthly distribution for June, July and August as in the past three months:


Alpine Total Dynamic Dividend Fund (AOD): $0.12 cents per share
Alpine Global Dynamic Dividend Fund (AGD): $0.11 cents per share

Since its inception, January 26, 2007, AOD has declared $5.58 in total distributions. Similarly, AGD, since its August 26, 2006 inception has declared $7.37 in total distributions.

“Notwithstanding the largest number of dividend reductions in decades, the Alpine dividend investment strategies find continuing dividend opportunities as well as growth potential,” said Steve Lieber, Alpine’s Chief Investment Officer.

The Alpine Total Dynamic Dividend Fund offers a unique and balanced approach to optimizing both dividend income and long-term growth of capital.* Alpine scans the globe looking for the best dividend opportunities for investors, employing a multi-cap, multi-sector, and multi-style investment approach. The Fund combines four research-driven investment strategies – Growth, Value, Special Dividends, and Dividend Capture Rotation – to maximize the amount of distributed dividend income and to identify companies globally with the potential for dividend increases and capital appreciation.

Disclosure I am long AOD shares

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