PennyStock Alert
5年前
Remember to "spread the wealth" or "don't put all of your eggs in one basket." I try to never (never say never) buy more that one fund out of the same fund family, unless I check their individual characteristics to make sure they're not the same type of investments.
BTW, I just looked at AOD's B/A, and you're right, it could open down 20 - 30 cents. It has dropped below 4 before, and re-bounded. I think the "fiscal cliff" deal left investors feeling better about the tax on dividends, so they took the risk of high dividend funds. 6.7% doesn't look as good as 16.7%.
johnsyn
11年前
Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) Declare Regular Monthly Distributions for August 2013
Print
4:00 PM 7/18/2013 - Business Wire
PURCHASE, N.Y.--(BUSINESS WIRE)--Jul. 18, 2013-- The Board of Trustees of Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) announced their same regular monthly distribution for the month of August 2013 as each had paid in the previous month.
Alpine Total Dynamic Dividend Fund (AOD) $0.027 per share
Alpine Global Dynamic Dividend Fund (AGD) $0.03 per share
Alpine Global Premier Properties Fund (AWP) $0.05 per share
Dates related to the distribution declaration for all three Funds are as follows:
Ex-Distribution Date/ Record Date/Payable Date
August 21, 2013 /August 23, 2013 /August 30, 2013
These monthly distributions may consist of net investment income, net realized capital gains and / or a return of capital. Final determination of the federal income tax characteristics of distributions paid during calendar year 2013 will be provided on U.S. Form 1099-DIV, which will be mailed to shareholders.
Alpine Global Premier Properties Fund (AWP) has previously adopted a level distribution policy under which AWP anticipates making monthly distributions of $0.05 per share and intends to manage its monthly distributions to include amounts that have otherwise been paid through a year-end special distribution. This amount may be adjusted from time to time depending on current market conditions and the projected performance of the Fund. AWP’s level distribution policy will be subject to regular review by the Board of Trustees. There can be no assurance that the amount of AWP’s monthly distributions will be maintained or that this level distribution policy will not be discontinued or substantially modified in the future.
johnsyn
11年前
Alpine Total Dynamic Dividend Fund (NYSE: AOD); Alpine Global Dynamic Dividend Fund (NYSE: AGD); Alpine Global Premier Properties Fund (NYSE: AWP); Declare Regular Monthly Distributions for July 2013
4:00 PM 6/21/2013 - Business Wire
PURCHASE, N.Y.--(BUSINESS WIRE)--Jun. 21, 2013-- The Board of Trustees of Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) announced their same regular monthly distribution for the month of July 2013 as each had paid in the previous month.
Alpine Total Dynamic Dividend Fund (AOD) $0.027 per share
Alpine Global Dynamic Dividend Fund (AGD) $0.03 per share
Alpine Global Premier Properties Fund (AWP) $0.05 per share
Dates related to the distribution declaration for all three Funds are as follows:
Ex-Distribution Date/Record Date/Payable Date
July 22, 2013 /July 24, 2013 /July 31, 2013
These monthly distributions may consist of net investment income, net realized capital gains and / or a return of capital. Final determination of the federal income tax characteristics of distributions paid during calendar year 2013 will be provided on U.S. Form 1099-DIV, which will be mailed to shareholders.
Alpine Global Premier Properties Fund (AWP) has previously adopted a level distribution policy under which AWP anticipates making monthly distributions of $0.05 per share and intends to manage its monthly distributions to include amounts that have otherwise been paid through a year-end special distribution. This amount may be adjusted from time to time depending on current market conditions and the projected performance of the Fund. AWP’s level distribution policy will be subject to regular review by the Board of Trustees. There can be no assurance that the amount of AWP’s monthly distributions will be maintained or that this level distribution policy will not be discontinued or substantially modified in the future.
johnsyn
12年前
Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) Declare Regular Monthly Distributions for April 2013
4:30 PM 3/18/2013 - Business Wire
PURCHASE, N.Y.--(BUSINESS WIRE)--Mar. 18, 2013-- The Board of Trustees of Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) announced their same regular monthly distribution for the month of April 2013 as each had paid in the previous month.
Alpine Total Dynamic Dividend Fund (AOD) $0.027 per share
Alpine Global Dynamic Dividend Fund (AGD) $0.03 per share
Alpine Global Premier Properties Fund (AWP) $0.05 per share
Dates related to the distribution declaration for all three Funds are as follows:
Ex-Distribution Date/ Record Date/ Payable Date
April 19, 2013 April 23, 2013 April 30, 2013
keyscruiser
12年前
Hey stocks, I see you had to run me down at AOD... Yep, I'm still there, picked up some 4's last week Dad's pounding his chest like he may even gotten some cheaper... I'm just avoiding your buddy.... Can't see wasting any time or energy on him. You know I like dividend investing, and AOD is around 8% now. It has gone down quite a bit, but seems to have FINALLY bottomed out. The fund has a new management team, and just started a buy-back program, so I'm going to hang with them, even though a few other posters are disappointed. I've been dollar cost averaging and using the DRIP, so I'm in pretty good shape with AOD.
bar1080
12年前
I'm very familiar with the Dexter deal. It was a bad loser for BRK but mostly because the seller took it all in BRK stock, not cash. Brilliant seller!
I can honestly say 100% of my current investments have been "winners." Not hard to say when the stock market is at record high and when I sell my very rare losers for tax losses (haven't done that since two bank stocks several years ago).
It's a matter of definition, tho. I have several old mutual funds. Owned them for about 25 years. Of course I've made money in them over such a long period. But not one of them has kept up with my performance benchmark, the S&P500 index.
Luckily I saw that lag happening almost immediately after I bought them. My next fund purchase was the Vanguard Total Stock Market Index fund... my first Index fund. Year after year, Quarter after Quarter that index fund beat my other four funds. It also beat the small amount of money I put in individual stocks.
Over the years I've owned three CEF's: TY, ADX and one that was liquidated at great profit to me about 30 years ago.
I wouldn't touch any CEF not selling at a discount to NAV. I'm not sure I'd buy an Alpine fund, like AOD or AGD, at any price! Alpine is garbage.
keyscruiser
12年前
Good article, but they left out Pier One and a few others. Even Mr. Buffett forgets rule #1 occasionally, but there is no doubt he's a great investor. From $18 to $150,000 PPS is amazing. Even the B shares are hitting a new high this morning. (Which I own 12 shares around $42) I probably won't live long enough to see those hit $150,000..
I'm sure I heard him say that "60%" quote in an interview with Maria Bartiromo a few years ago. If I misquoted him, his point was not every single one of your investments will be winners, just make sure most of them are.
I agree, no way Buffett would own AOD. And if he did, he would have been out a long time ago!
johnsyn
12年前
Alpine Total Dynamic Dividend Fund Announces a New Share Repurchase Plan
Alpine Total Dynamic Dividend Fund (NYSE: AOD) (the “Fund”) today announced that its Board of Trustees (the “Board”), as part of an ongoing evaluation of strategic options focusing on enhancing shareholder value, has authorized a share repurchase plan (the “Repurchase Plan”). Under the Repurchase Plan the Fund may purchase, in the open market, its outstanding common shares. The amount and timing of repurchases will be at the discretion of the Fund’s investment adviser, Alpine Woods Capital Investors, LLC (the “Adviser”), and subject to market conditions and investment considerations.
The decision to authorize the Repurchase Plan reflects the Board’s belief that a period of time has passed since the reduction in the Fund’s distribution level and that the market continues to undervalue the Fund’s shares relative to its NAV (which was $4.57 as of February 26, 2013). In reaching its decision, the Board considered that the discount to NAV at which Fund shares have recently traded and the Fund’s approximate 8.24% market price yield (on a market price of $3.93 as of February 26, 2013), in combination with what the Adviser believes to be the prospective global growth potential, diminished excess pessimism and gradual improvement of the macro economic situation, make acquiring Fund shares under the Repurchase Plan an attractive opportunity for the Fund.
The Repurchase Plan allows the Fund to acquire shares in the open market at a discount to NAV, which benefits remaining shareholders by increasing the NAV per share. The Board remains focused on actions that may increase value for long-term Fund shareholders.
The Fund’s repurchase activity will be disclosed in its shareholder report for the relevant fiscal period. There is no assurance that the Fund will repurchase shares at any specific discount levels or in any specific amounts. There is also no assurance that the market price of the Fund’s shares, either absolute or relative to NAV, will increase as a result of any share repurchases, or that the Repurchase Plan will enhance shareholder value over the long-term. The Board will continue to monitor the Repurchase Plan, which can be terminated at any time.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements that describe our strategies and goals and our beliefs concerning future conditions and the outlook for the Alpine Total Dynamic Dividend Fund based on currently available information. The Fund’s actual results could differ materially from those anticipated in the forward-looking statements because of various risks and uncertainties, including the factors set forth in the Fund’s filings with the SEC. You should carefully consider those risks and the other information in the Fund’s SEC filings before investing.
About Alpine Total Dynamic Dividend Fund
Alpine Total Dynamic Dividend Fund is a diversified, closed-end management investment company that seeks total return, consisting of capital appreciation and income. The Fund’s investment adviser is Alpine Woods Capital Investors, LLC with its principal executive offices located at 2500 Westchester Avenue, Suite 215, Purchase, New York 10577. The Fund is a closed-end fund and does not continuously offer or redeem shares.
johnsyn
12年前
Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) Declare Regular Monthly Distributions for March 2013
4:30 PM 2/19/2013 - Business Wire
PURCHASE, N.Y.--(BUSINESS WIRE)--Feb. 19, 2013-- The Board of Trustees of Alpine Total Dynamic Dividend Fund (NYSE: AOD), Alpine Global Dynamic Dividend Fund (NYSE: AGD) and Alpine Global Premier Properties Fund (NYSE: AWP) announced their same regular monthly distribution for the month of March 2013 as each had paid in the previous month. Announcements of distributions will be communicated monthly going forward for all Alpine closed-end funds.
Alpine Total Dynamic Dividend Fund (AOD) $0.027 per share
Alpine Global Dynamic Dividend Fund (AGD) $0.03 per share
Alpine Global Premier Properties Fund (AWP) $0.05 per share
Dates related to the distribution declaration for all three Funds are as follows:
Ex-Distribution Date Record Date Payable Date
March 19, 2013 March 21, 2013 March 28, 2013
These monthly distributions may consist of net investment income, net realized capital gains and / or a return of capital. Final determination of the federal income tax characteristics of distributions paid during calendar year 2013 will be provided on U.S. Form 1099-DIV, which will be mailed to shareholders.
Alpine Global Premier Properties Fund (AWP) has previously adopted a level distribution policy under which AWP anticipates making monthly distributions of $0.05 per share and intends to manage its monthly distributions to include amounts that have otherwise been paid through a year-end special distribution. This amount may be adjusted from time to time depending on current market conditions and the projected performance of the Fund. AWP’s level distribution policy will be subject to regular review by the Board of Trustees. There can be no assurance that the amount of AWP’s monthly distributions will be maintained or that this level distribution policy will not be discontinued or substantially modified in the future.
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, Alpine Global Dynamic Dividend Fund and Alpine Global Premier Properties 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 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.
Source: Alpine Woods Capital Investors, LLC
Investor:
Alpine Woods Capital Investors, LLC
Marc Rappaport, 914-251-0880
keyscruiser
12年前
bar1080,
I guess you didn't notice the wink and smile after my board name comment? I know you can't do anything about the name of the CEF. I agree with you, it's a distribution, not a dividend. They've been distributing my own money back to me for a while, and I still don't have any complaints with AOD. Doug Albo is right by saying "the difference can mean a lot of money for investors in these high yielding funds over the long run" And I have bought risky high dividend paying ETF's a premium. Some good, some bad.
Another Warren Buffett lesson: "60% of your investments will be losers, the trick is to make a lot of money on the other 40%"
Tomorrow is the last paydate for the .055 distribution. We may see a sell off after folks get their extra shares. Although, it's usually a few day into the next month before it's actually paid. There has been an exceptional amount of volume lately, and it's still holding around 4. I did ask my broker to re-instate my DRIP plan with AOD, so I'll be getting some cheap shares now!
BTW, an excellent premium CEF that has been very stable over the years is PHK.
keyscruiser
12年前
Well if AAPL is still their major holding, we'll probably see another drop in price, since AAPL lost $57 after hours yesterday. We expected the sell off in AOD Tuesday with the distribution announcement, and it may have even dropped further if it wasn't the ex-dividend day. The buyers yesterday actually surprised me. I'm in a wait and see mode, not running yet! Now that the amount I've been receiving will be cut in half next month, I'll start the DRIP plan again with AOD!