Global Premier Properties Fund (AWP): Gimmick Alert: AWP is the new symbol of...

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Saturday, 06/09/2018 10:59:54 AM

Saturday, June 09, 2018 10:59:54 AM

Gimmick Alert: AWP is the new symbol of AOD which used to be called "Alpine Total Dynamic Dividend CEF (AOD)"

"Fund [AOD] changed its name from Alpine Global Premier Properties Fund to Aberdeen Global Premier Properties Fund effective May 7, 2018 and continues to trade on the NYSE under the symbol "AWP".

Note that the fat 9.4% "dividend" is mostly a Return Of Capital which should properly be called a "Distribution." Its underlying investment portfolio consists of things yielding just 1%-2%.

Learn more here: https://www.cefconnect.com/fund/AWP

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