Alpine Total Dynamic Dividend Fund (AOD) - NYSE
  • Feb. 27, 2013, 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)

    | Feb. 27, 2013, 8:53 AM | 1 Comment
  • Nov. 14, 2012, 11:31 AM

    They're getting there. Closed-end investment funds take it on the chin again, with the PIMCO High Income Fund (PHK -6.6%) leading. At $10.56, the fund no longer sports a ridiculous near-75% premium to NAV, but with NAV currently at $8.32, there remains a wide gulf.

    | Nov. 14, 2012, 11:31 AM | 10 Comments
Company Description
The primary investment objective is high current dividend income, with a secondary focus on long-term growth of capital. It will invest at least 80% of its net assets in equity securities of foreign and domestic companies that pay dividends. The Fund will
Sector: Financial
Industry: Closed-End Fund - Foreign