AGD
AOD
AWP
Type of Securities
Dividend Paying Stocks, globally
Dividend Paying Stocks, globally
Listed Real Estate Securities, globally
Objectives
Tax-Managed Dividend
Maximum Dividend Income and Growth
Growth and Dividend Income
Tax Managed Dividend Income?
Yes, Most or all
Estimated 30%-50%
No
US/Non-US Range
20%-80% US
0%-100% US
20%-80% US
Current* US/Non-US Mix
33% US
67% Non-US
37% US
63% Non-US
18% US
82% Non-US
Uses Covered Calls?
No
No
No
Currently* > 5% Leverage?
No
No
No
Distribution Payment Frequency
Monthly
Monthly
Monthly
Distribution = Earned Income or Capital?
Earned Income
Earned Income
Earned Income
Can Hedge Currency?
Yes
Yes
Yes
Currently* Hedges Currency?
Yes
Yes
Yes
Growth and/or Income?
Both
Both
Both
* Based on total net assets as of 6/30/2008.

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.