Vmbook Online ordering

Alpine Global Dynamic Dividend Fund

Alpine Global Dynamic Dividend Fund (stock ticker: AGD) is a closed-end fund that is listed on the New York Stock Exchange. The fund's investment objective is to provide a high level of current income, with capital appreciation as a secondary goal. The fund seeks to achieve its objective by investing in a globally diversified portfolio of equity securities that the fund’s managers believe offer attractive dividend yields and the potential for dividend growth.

In terms of performance, AGD has had mixed results in recent years. As of February 2023, the fund had a 5-year annualized total return of 2.71%, compared to 7.45% for the S&P 500 Index. However, the fund’s 1-year return was stronger, at 23.63% compared to 19.23% for the S&P 500.

In terms of earnings, AGD pays a regular monthly dividend, which as of February 2023, has an annual yield of around 7.2%. The fund seeks to maintain a stable distribution rate by investing in companies with strong financial positions and a history of increasing dividends. However, it's important to note that past performance is not indicative of future results, and there is no guarantee that AGD will continue to pay its current dividend rate.

As for growth, the fund seeks to invest in companies with the potential for dividend growth. The fund’s managers use a variety of fundamental and technical analysis to identify companies that they believe have the potential for above-average dividend growth. However, the fund’s primary focus is on income, so capital appreciation may be more limited compared to other equity funds.

Overall, AGD is a fund that may be suitable for income-focused investors who are willing to accept a higher level of risk in exchange for a higher yield. However, as with any investment, it's important to carefully consider the fund's investment objective, strategies, and risks before investing.