The Funds’ management considered a number of factors before recommending to the Board that the Funds’ current distributions be changed, including current market conditions, availability of dividend income, volatility, costs of implementing different dividend strategies, the level of assets in the Funds and the dividend yield of the Funds at NAV.The Funds’ management and the Board will continue to evaluate the level of distribution on a regular basis. As portfolio and market conditions change, the amount of the Funds’ future monthly distributions may be adjusted. The Funds intend to continue make distributions consisting of net investment income.
Alpine Total Dynamic Dividend Fund (NYSE: AOD) Alpine Global Dynamic Dividend Fund (NYSE: AGD) Declare Monthly Distributions For February 2013 And Announce Distribution Changes
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