Alpine Closed-End Funds

One Portfolio - Three Dynamic Strategies

The Alpine Global Dynamic Dividend Fund offers a unique and balanced approach to optimizing both tax-qualified 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 three research-driven investment strategies – Dividend Capture, Value, and Growth – to maximize the amount of distributed dividend income that is qualified for reduced Federal income tax rates and to identify companies globally with the potential for dividend increases and capital appreciation.

Value | Dividend Capture | Growth | Paired Rotation Strategy

Not FDIC Insured | May Lose Value | No Bank Guarantee

The Alpine Global Dynamic Dividend Fund ("AGD"), Alpine Total Dynamic Dividend Fund ("AOD") and Alpine Global Premier Properties Fund ("AWP") are closed-end funds. AGD's first trade day was July 26, 2006 under the ticker symbol AGD. AOD's first trade day was January 26, 2007 under the ticker symbol AOD. AWP's first trade day was April 26, 2007 under the ticker symbol AWP.

To read about the Funds, access the Annual and Semi-Annual Reports in the Literature section or call 1-800-617-7616 to receive a copy of the Annual and Semi-Annual Reports by mail. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To speak with a representative about the Alpine Closed-End Funds call 1-800-617-7616.