Alpine Closed-End Funds

A History of Innovation

Based in Westchester County New York, Alpine Woods Capital Investors, LLC was founded in 1997. Alpine Woods Capital Investors, LLC. Alpine’s co-founder, Stephen Lieber, has a rich history of creating new and innovative equity strategies at the other firms he has founded, including Lieber & Company and Evergreen Funds. In addition, the Lieber family, Alpine employees and trustees have their own capital invested side-by-side with shareholders in the various funds managed by Alpine.

The investment team has extensive industry experience with a proven track record of managing large pools of assets.

Alpine has long standing experience investing in foreign markets, and manages the first global real estate fund which was established in 1989.

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.