Alpine Global Dynamic Dividend Fund (AGD)

afried7 (< 20) Submitted: 7/04/08 2:49 AM : Start Price: $12.99 AGD Score: 11.06

I have owned this fund from $18.78. This fund has dropped some 25% for the 6 or so weeks that I have owned it. As a reference other similar funds like DOP and BFD only lost 11.5% during the same time frame.





Also looking at the graphs other similar funds tend to rise and fall at somewhat the same percentage. I noticed with ADG that it will rally with the market but at declines it losses over twice as much. That is a sure race to zero. Something seems broken in this model. I have severe concern about the competency of those running this fund. I have tried to call and apparently they have so many calls a machine asked me to leave a message. I did but still did not get a return call.





As soon as the market rallies a I will sell even at a substantial loss and put the proceeds left in the other 2 funds where I may have a prayer in earning back some of my losses.

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