Replies to post #462 on Alpine Total Dynamic Dividend CEF (AOD)

[bar1080]

6.7% may actually be terrible if it's coming from Greek or third-world long term unsecured junk. There is no way to know exactly what AOD owns, except twice a year. The investment portfolio turns over many times a year.

You may still be impressed with their distribution but I'm guessing that even a junior loan officer in a small town bank would ask for more information about the assets. He'd want to know what AOD holds 365 days a year. Not just two.

BTW, it's a distribution, not a dividend.