Jagged Little Pill

Alpine Global Dynamic: High Yield Fund at a Discount

Turnaround next year ..... LMAO! It will take more than 3 years of dividend collection just to break even. Meanwhile, money is being lost to inflation and not being invested in a 3.5% money market.

Alpine Global Dynamic: High Yield Fund at a Discount

At a discount? That's an understatement. I've lost my shirt, pants, and one shoe. Soon I'll be naked. This dog don't hunt.

Alpine Global Dynamic: High Yield Fund at a Discount

Year-to-date, this CEF has gone down a whopping 35.90%. If the dividend gets cut, you will see investors leave like rats off a sinking ship. Dividends are of no value whatsoever when your principal is eaten away by price decline. The current yield of nearly 15% is great for new investors but if you purchased in 2007, I feel your pain.