The Board of Trustees of Alpine Global Premier Properties Fund
(NYSE:AWP) announced its same regular monthly distribution for the month
of January 2014 as it had paid in the previous month.
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Alpine Global Premier Properties Fund (AWP) $0.05 per share
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Dates related to the distribution declaration for the Fund are
as follows:
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Ex-Distribution Date
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Record Date
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Payable Date
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January 22, 2014
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January 24, 2014
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January 31, 2014
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The Fund’s monthly distributions may consist of net investment income,
net realized capital gains and / or a return of capital. If a
distribution includes anything other than net investment income, the
Fund will provide a notice of the best estimate of its distribution
sources when distributed, which will be posted on the Fund’s website, www.alpinefunds.com.
A return of capital distribution does not necessarily reflect the Fund’s
investment performance and should not be confused with “yield” or
“income”. Final determination of the federal income tax characteristics
of distributions paid during calendar year 2013 will be provided on U.S.
Form 1099-DIV, which will be mailed to shareholders. Please consult your
tax advisor for further information.
Alpine Global Premier Properties Fund (AWP) has previously adopted a
level distribution policy under which AWP anticipates making monthly
distributions of $0.05 per share and intends to manage its monthly
distributions to include amounts that may have otherwise been paid
through a year-end special distribution. This amount may be adjusted
from time to time depending on current market conditions and the
projected performance of the Fund. AWP’s level distribution policy will
be subject to regular review by the Board of Trustees. There can be no
assurance that the amount of AWP’s monthly distributions will be
maintained or that this level distribution policy will not be
discontinued or substantially modified in the future.
An investment in this fund presents a number of risks and is not
suitable for all investors. Investors should carefully review and
consider potential risks before investing. An investment in the fund's
common shares is subject to investment risk, including the possible loss
of the entire principal amount that you invest. Your investment in
common shares represents an indirect investment in the securities owned
by the fund, most of which are traded on a national securities exchange
or in the over-the-counter markets. The value of these securities, like
other market investments, may move up or down, sometimes rapidly and
unpredictably. Your common shares at any point in time may be worth less
than your original investment, even after considering the reinvestment
of fund dividends and distributions. Other risks include, but are not
limited to, risks involved with foreign securities which will involve
greater volatility and political, economic and currency risks and
differences in accounting methods. Because real estate funds concentrate
their investments in the real estate industry, the portfolio may
experience more volatility and be exposed to greater risk than the
portfolios of many other mutual funds. Risks associated with investment
in securities of companies in the real estate industry may include:
declines in the value of real estate, overbuilding and increased
competition; increases in property taxes and operating expenses; changes
in zoning laws; casualty or condemnation losses; variations in rental
income, neighborhood values, changes in interest rates and changes in
economic conditions.
More information about the Funds is available on www.alpinefunds.com.
Based in Westchester, New York, Alpine Woods Capital Investors, LLC was
founded in 1998.
This release contains forward-looking statements based on currently
available information. The Fund’s actual results could differ materially
from those anticipated due to various risks and uncertainties. Alpine
Global Premier Properties Fund is a closed-end fund and does not
continuously offer or redeem shares. The Fund trades in the secondary
market and investors wishing to buy or sell shares must place orders
through a financial intermediary or broker.
To read about the Fund, access the Annual and Semi-Annual Reports in the
Related Documents section of the website or call 1-800-617-7616 to
receive a copy of the annual and semi-annual reports by mail. An
investor should consider the investment objectives, risks, charges and
expenses carefully before investing.
Copyright Business Wire 2013