Alpine Dynamic Dividend Fund Institutional Class (ADVDX)

Net Asset Value
1 Day
Overall Morningstar Rating
World large stock
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks high current dividend income that qualifies for the reduced U.S. federal income tax rates created by the "Jobs and Growth Tax Relief Reconciliation Act of 2003-" while also focusing on total return for long-term growth of capital. Under normal circumstances- the fund invests at least 80% of its net assets in the equity securities of certain domestic and foreign corporations that pay dividend income that the advisor believes are undervalued relative to the market and to the securities' historic valuations. This includes companies that have announced a special dividend or announced that they will pay dividends within six months.


1 month+0.73% 3 years+6.83%
3 months-4.09% 5 years+9.98%
1 year+16.46% Since inception+5.65%
Data through --

Peer Comparisonvs. World large stock

Performance 5-yr return+9.98%+9.21%
Expense ratio1.42%1.19%
Risk 5 year sharpe ratio0.840.84
Net assets$164.4M$1.5B
Average market cap$28.4B$73.4B
Average P/E17.917.0
Portfolio turnover82%82%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAlpine
Fund manager & tenureJoshua Duitz / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


U.S. stock60.54%
International stock39.46%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 19.80%
Consumer goods 16.81%
Financial service 14.47%
Energy 13.89%
Business service 8.68%
Top 10 Holdings
Portfolio weighting
AAPL Apple1.76%
INTC Intel1.47%
DAL Delta Air Lines1.45%
TJX TJX Companies Inc1.32%
-- 1.29%
MT ArcelorMittal1.28%
-- 1.26%
AMAT Applied Materials Inc1.26%
SNA Snap-On Inc1.23%
LEN Lennar Corp1.22%