Cumulative Total Returns (as of 7/31/2008)*
NAV
1 Month
3 Month
6 Month
1 Year
Since Inception Date of 4/26/2007
10.47
(5.40)%
(20.81)%
(22.53)%
(33.21)%
(37.57)%
Market Price
1 Month
3 Month
6 Month
1 Year
Since Inception Date of 4/26/2007
9.60
(10.38)%
(23.65)%
(27.40)%
(38.65)%
(45.44)%

*Returns for periods of less than one year are not annualized and therefore reflect cumulative returns. All distributions are assumed to be reinvested.

The performance data quoted above represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate and shares, when sold, may be worth more or less than their original cost.

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 AGD prospectus, AOD prospectus or AWP prospectus online or call 1-800-617-7616 to receive a copy of the prospectus by mail. An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information about the Fund. Read the prospectus carefully before investing in the Alpine Global Dynamic Dividend Fund, the Alpine Total Dynamic Dividend Fund and the Alpine Global Premier Properties Fund.

You should not rely on any information other than information contained in the Fund's prospectus when making your investment decision. To speak with a representative about the Alpine Closed-End Funds call 1-800-617-7616.