Alpine Total Dynamic Dividend Fund

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AOD : NYSE : Financial
$7.67 up 0.02 | 0.26%
Today's Range: 7.60 - 7.68
Avg. Daily Volume: 371,200
07/28/16 - 3:59 PM ET
  • Last Ratings Update:06/30/2016
  • Price as of 06/30/2016 :$7.24
  • Net Assets:$1,028.22 Million
  • NAV:$8.77
  • Premium-17.45%
  •   
  • Peer Rank:76 of 269
  • Investment Rating:C
  • Performance:C
  • RiskB
AOD Price Chart

SUMMARY


We rate Alpine Total Dynamic Dividend Fund at C. Positive factors that influence this rating include a greater than above average total return and low expense structure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Global Equity strategy.


POSITIVES AND RISKS


Total return ranks above peers over the last three years. The Alpine Total Dynamic Dividend Fund has returned an annual rate of -4.81% since inception. More recently, the fund has generated a total return of -0.29% in the last five years, 5.91% in the last three years, and -7.81% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 29% of them. It has also outpaced 53% of its competitors on a three year basis and 28% of them over the last year for the period ending 6/30/2016. On a year to date basis, AOD has returned -0.22%.

Downside risk has been below average. AOD has a draw down risk of -22.14%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 12.4%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $7.24, which is 5.5% below its 52-week high of $7.66 and 3.9% above its 52-week low of $6.97.

High expense ratio hinders performance. On total assets of $1.03 billion, AOD maintains a high expense ratio compared to its Global Equity peers of 1.16% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As AOD is a closed end fund, it has no front end or back end load.


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