Alpine Funds 2016 Tax Guide

Transcription

1 Alpine s 2016 Guide Alpine Dynamic Dividend ADVDX 01/28/ /29/ /29/ Institutional Class ADVDX 02/26/ /29/ /29/ % ADVDX 03/30/ /31/ /31/ ADVDX 04/28/ /29/ /29/ ADVDX 05/27/ /31/ /31/ ADVDX 06/29/ /30/ /30/ ADVDX 07/28/ /29/ /29/ ADVDX 08/30/ /31/ /31/ ADVDX 09/29/ /30/ /30/ ADVDX 10/28/ /31/ /31/ ADVDX 11/29/ /30/ /30/ ADVDX 12/29/ /30/ /30/ Alpine Dynamic Dividend ADAVX 01/28/ /29/ /29/ Class A ADAVX 02/26/ /29/ /29/ ADAVX 03/30/ /31/ /31/ ADAVX 04/28/ /29/ /29/ ADAVX 05/27/ /31/ /31/ ADAVX 06/29/ /30/ /30/ ADAVX 07/28/ /29/ /29/ ADAVX 08/30/ /31/ /31/ ADAVX 09/29/ /30/ /30/ ADAVX 10/28/ /31/ /31/ ADAVX 11/29/ /30/ /30/ ADAVX 12/29/ /30/ /30/ Alpine Emerging Markets Real Estate Institutional Class Alpine Emerging Markets Real Estate Class A AEMEX 12/29/ /30/ /30/ AEAMX 12/29/ /30/ /30/

2 Alpine Financial Services ADFSX 12/15/ /16/ /16/ Institutional Class ADFSX 12/29/ /30/ /30/ Alpine Financial Services ADAFX 12/15/ /16/ /16/ Class A ADAFX 12/29/ /30/ /30/ % Alpine Global Infrastructure AIFRX 03/30/ /31/ /31/ Institutional Class AIFRX 06/29/ /30/ /30/ AIFRX 09/29/ /30/ /30/ AIFRX 12/29/ /30/ /30/ Alpine Global Infrastructure AIAFX 03/30/ /31/ /31/ Class A AIAFX 06/29/ /30/ /30/ AIAFX 09/29/ /30/ /30/ AIAFX 12/29/ /30/ /30/ Alpine Global Realty Growth & ARIGX 03/30/ /31/ /31/ Institutional Class ARIGX 06/29/ /30/ /30/ ARIGX 09/29/ /30/ /30/ ARIGX 12/29/ /30/ /30/

3 Alpine High Yield Managed Duration Municipal % AHYMX Daily Daily 01/29/ % Institutional Class AHYMX Daily Daily 02/29/ % Alpine High Yield Managed Duration Municipal AHYMX Daily Daily 03/31/ % AHYMX Daily Daily 04/29/ % AHYMX Daily Daily 05/31/ % AHYMX Daily Daily 06/30/ % AHYMX Daily Daily 07/29/ % AHYMX Daily Daily 08/31/ % AHYMX Daily Daily 09/30/ % AHYMX Daily Daily 10/31/ % AHYMX Daily Daily 11/30/ % AHYMX Daily Daily 12/30/ % AAHMX Daily Daily 01/29/ % Class A AAHMX Daily Daily 02/29/ % AAHMX Daily Daily 03/31/ % AAHMX Daily Daily 04/29/ % AAHMX Daily Daily 05/31/ % AAHMX Daily Daily 06/30/ % AAHMX Daily Daily 07/29/ % AAHMX Daily Daily 08/31/ % AAHMX Daily Daily 09/30/ % AAHMX Daily Daily 10/31/ % AAHMX Daily Daily 11/30/ % AAHMX Daily Daily 12/30/ %

4 Alpine International Real Estate Equity Institutional Class % EGLRX 12/29/ /30/ /30/ Alpine Realty and Growth AIGYX 03/30/ /31/ /31/ Institutional Class AIGYX 06/29/ /30/ /30/ AIGYX 09/29/ /30/ /30/ AIGYX 12/15/ /16/ /16/ AIGYX 12/29/ /30/ /30/ Alpine Realty and Growth AIAGX 03/30/ /31/ /31/ Class A AIAGX 06/29/ /30/ /30/ AIAGX 09/29/ /30/ /30/ AIAGX 12/15/ /16/ /16/ AIAGX 12/29/ /30/ /30/ Alpine Rising Dividend AADDX 03/30/ /31/ /31/ Institutional Class AADDX 06/29/ /30/ /30/ AADDX 09/29/ /30/ /30/ AADDX 12/29/ /30/ /30/ Alpine Rising Dividend AAADX 03/30/ /31/ /31/ Class A AAADX 06/29/ /30/ /30/ AAADX 09/29/ /30/ /30/ AAADX 12/29/ /30/ /30/

5 Alpine Ultra Short Municipal % ATOIX Daily Daily 01/29/ % Institutional Class ATOIX Daily Daily 02/29/ % Alpine Ultra Short Municipal ATOIX Daily Daily 03/31/ % ATOIX Daily Daily 04/29/ % ATOIX Daily Daily 05/31/ % ATOIX Daily Daily 06/30/ % ATOIX Daily Daily 07/29/ % ATOIX Daily Daily 08/31/ % ATOIX Daily Daily 09/30/ % ATOIX Daily Daily 10/31/ % ATOIX Daily Daily 11/30/ % ATOIX Daily Daily 12/30/ % ATOAX Daily Daily 01/29/ % Class A ATOAX Daily Daily 02/29/ % ATOAX Daily Daily 03/31/ % ATOAX Daily Daily 04/29/ % ATOAX Daily Daily 05/31/ % ATOAX Daily Daily 06/30/ % ATOAX Daily Daily 07/29/ % ATOAX Daily Daily 08/31/ % ATOAX Daily Daily 09/30/ % ATOAX Daily Daily 10/31/ % ATOAX Daily Daily 11/30/ % ATOAX Daily Daily 12/30/ %

6 Alpine Global Dynamic Dividend % AGD 01/22/ /20/ /29/ AGD 02/24/ /22/ /29/ AGD 03/23/ /21/ /31/ AGD 04/22/ /20/ /29/ AGD 05/23/ /19/ /31/ AGD 06/23/ /21/ /30/ AGD 07/22/ /20/ /29/ AGD 08/24/ /22/ /31/ AGD 09/23/ /21/ /30/ AGD 10/04/ /20/ /31/ AGD 11/22/ /18/ /30/ AGD 12/22/ /20/ /30/ Alpine Dynamic Dividend AOD 01/22/ /20/ /29/ AOD 02/24/ /22/ /29/ AOD 03/23/ /21/ /31/ AOD 04/22/ /20/ /29/ AOD 05/23/ /19/ /31/ AOD 06/23/ /21/ /30/ AOD 07/22/ /20/ /29/ AOD 08/24/ /22/ /31/ AOD 09/23/ /21/ /30/ AOD 10/04/ /20/ /31/ AOD 11/22/ /18/ /30/ AOD 12/22/ /20/ /30/

7 Alpine Global Premier Properties % AWP 01/22/ /20/ /29/ AWP 02/24/ /22/ /29/ AWP 03/23/ /21/ /31/ AWP 04/22/ /20/ /29/ AWP 05/23/ /19/ /31/ AWP 06/23/ /21/ /30/ AWP 07/22/ /20/ /29/ AWP 08/24/ /22/ /31/ AWP 09/23/ /21/ /30/ AWP 10/04/ /20/ /31/ AWP 11/22/ /18/ /30/ AWP 12/22/ /20/ /30/

8 Important Information Regarding Alpine s by State or U.S. Territory: A portion of your federal exempt interest dividends reported on Form 1099-INT may also be exempt from state or local taxation. Detailed below is a summary of the source of your federal exempt interest dividends by state. If the tax laws of your state of residence provide for the exemption, multiply the total federal exempt interest dividends by the appropriate percentage(s) below. State Alpine Ultra Short Municipal HY Managed Duration Muni State Alpine Ultra Short Municipal HY Managed Duration Muni State Alpine Ultra Short Municipal HY Managed Duration Muni State Alpine Ultra Short Municipal HY Managed Duration Muni ALABAMA 2.78% 6.61% ALASKA 0.00% 0.00% ARIZONA 3.21% 1.44% ARKANSAS 0.60% 0.01% CALIFORNIA 7.12% 4.82% COLORADO 0.07% 0.72% CONNECTICUT 0.59% 1.19% DELAWARE 0.40% 0.09% DIST. OF COLUMBIA 0.30% 0.77% FLORIDA 3.94% 2.92% GEORGIA 0.25% 2.65% GUAM 0.00% 0.28% HAWAII 0.00% 0.00% IDAHO 0.00% 0.54% ILLINOIS 8.07% 7.42% INDIANA 6.78% 1.54% IOWA 0.58% 1.24% KANSAS 0.21% 2.25% KENTUCKY 0.48% 1.85% LOUISIANA 3.43% 0.55% MAINE 0.00% 0.00% MARYLAND 1.09% 2.62% MASSACHUSETTS 0.23% 1.03% MICHIGAN 0.96% 3.58% MINNESOTA 0.04% 1.73% MISSISSIPPI 17.86% 2.19% MISSOURI 0.02% 1.02% MONTANA 0.00% 0.00% NEBRASKA 0.00% 0.00% NEVADA 0.08% 0.21% NEW HAMPSHIRE 0.11% 0.20% NEW JERSEY 9.49% 2.89% NEW MEXICO 0.00% 0.02% NEW YORK 12.32% 6.06% NORTH CAROLINA 2.55% 0.07% NORTH DAKOTA 0.11% 0.40% OHIO 1.23% 4.55% OKLAHOMA 0.07% 1.57% OREGON 1.13% 0.16% PENNSYLVANIA 3.50% 12.50% PUERTO RICO 2.40% 5.65% RHODE ISLAND 0.08% 0.24% SOUTH CAROLINA 0.00% 0.37% SOUTH DAKOTA 0.00% 0.00% TENNESSEE 1.54% 2.28% TEXAS 2.31% 8.40% UTAH 0.02% 0.10% VERMONT 0.08% 0.24% VIRGINIA 0.55% 0.04% VIRGIN ISLANDS 0.00% 0.28% WASHINGTON 0.19% 2.89% WEST VIRGINIA 1.55% 0.69% WISCONSIN 0.51% 0.67% WYOMING 0.20% 0.00% OTHER 0.97% 0.46% For more information, visit For financial professionals, call For current shareholders, call Investors should consider a fund s investment objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other information about a fund. To obtain a free prospectus, please go to or contact your financial advisor. An investor should read the prospectus carefully before investing. Neither Alpine Woods Capital Investors, LLC, nor any of their representatives provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Please consult your own independent advisor as to any tax, accounting, or legal statements made herein. Please note: If you are a resident of California, Connecticut, or New York, you may be subject to state tax on all ordinary dividends, including the portion of income derived from direct or indirect U.S. Government. The dividend tables provided here are for informational purposes only and to assist you in your tax planning. When preparing your tax return, please refer to your Form 1099-DIV and consult your legal or tax advisor. Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher then performance quoted. INVESTMENT PRODUCTS: NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please note that an investment in a money market fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. The Alpine open-end funds are distributed by Quasar Distributors, LLC. Alpine Woods Capital Investors, LLC is the adviser to the Alpine open-end and closed-end s. The Alpine open-end Mutual s are distributed by Quasar Distributors, LLC. Quasar Distributors, LLC provides filing administration for Alpine s closed-end funds. The s are not bought or sold through Quasar Distributors, the Alpine closed-end funds are bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Like other public companies, closed-end funds have a one-time initial public offering. Thus, once their shares are first issued, shares are not continually offered by the closed-end fund, but trade in the open market through a stock exchange. Also, like other common stocks, share prices of closed-end funds will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of closed-end exchange-traded funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value (a price that reflects the value of the fund s underlying portfolio plus other assets, less the fund s liabilities divided by the number of shares outstanding). Investment return, price and net asset value will fluctuate with changes in market conditions Alpine Woods Capital Investors, LLC. All rights reserved. REF-4Q2016-Guide-45-V2