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Alex Filonov
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I was born in 1956 in USSR. After graduation from college in 1979 I worked full-time as an IT specialist. Until 1990 I worked for different companies in the Soviet military industrial complex. I created a small software business in 1991, which failed in 1993. I worked for Oracle Corp in 1995 in... More
My blog:
Muddling Investor
  • Reducing Fixed Income More 0 comments
    Mar 23, 2012 5:30 PM | about stocks: AOD
    Today I sold part of my position in Alpine Total Dynamic Dividend Fund (AOD). This is in line with my strategy of reducing fixed income positions in my portfolio. Another reason: last 6 declared distributions have a big (about 40%) portion of return of capital. Which means that real dividend is only about 60% of what you see in the press releases.

    Disclosure: I am long AOD.

    Additional disclosure: Positions can change any time.

    Themes: Closed-End Funds Stocks: AOD
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