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  • Ted February 2013
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Alpine Starts Buyback of Dynamic Div CEF.

scott
edited February 2013 in Fund Discussions
8:53 AM Alpine Total Dynamic Divdend Fund's (AOD) board authorizes a share repurchase plan "reflect(ing) the Board's belief ... that the market continues to undervalue the (stock)." Net asset value is estimated at $4.57 vs. yesterday's close of $3.93. Fund president Sam Lieber was a buyer of shares a month ago. Shares +2.3% to $4.02 premarket. (PR) [On the Move] Comment!
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Meh. No thanks. Dividends are great, but I don't like these dividend capture funds.

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