Alpine Closed-End Funds

Strategy III: Special Dividend Research
Special dividend situations include companies that return large cash balances to shareholders as one-time dividend payments due to a restructuring or recent strong operating performance. Year in and year out, companies pay special dividends. Alpine’s management team will seek to identify and capture these opportunities for shareholders.
Four Dynamic Strategies \| Growth Dividend Payers \| Value Dividend Opportunities \| 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.