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$5.95 0.06 (1.02%)
2/9/2010 3:59 PM

Alpine Global Premier Properties Fund (AWP)

CAPS Rating:
***

Close end exchange traded fund

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Alpine Global Premier Properties Fund At A Glance

Current Price: $5.95
Last Trade Time: 2/9/2010 3:59 PM
Open: $5.96
Previous Close: $5.89
Daily Range: $5.89 - $6.01
52-Week Range: $2.13 - $6.87
Volume: 276,426
Market Cap: $631.23M
P/E Ratio: 0.00
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AWP VS S&P 500 (SPY)

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Top Bull Pitch

Recs

1

Alpine Global Premier Properties Fund (AWP)

Avatar benat92 (85.75) Submitted: 12/11/08 1:11 PM

As a general rule I know better then to buy real estate for the next two or three years, however this fund was made by Apline managent which has had lot of experience in real estate both in closed-end and open-end funds. I also like how Apline realizes that real estate has a cycler buisness cycle, a...More

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Recs

0

 (AWP)

Avatar mike53w (51.89) Submitted: 2/01/10 12:28 PM : Outperform Start Price: $6.09 AWP Score: -1.00

Well it's in real estate, which eventually should come back. Meanwhile you can get a decent dividend. This fund is selling for a discount to it's asset value and appears to be in a dividend increasing mode. Patience with this one..

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Recs

0

 (AWP)

Avatar Godloveseric (98.94) Submitted: 12/29/08 10:40 AM : Outperform Start Price: $3.44 AWP Score: 46.31

Selling RE cheap. High dividend even after the cut. Give it some time, will do well.

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Recs

1

 (AWP)

Avatar benat92 (85.75) Submitted: 12/11/08 1:11 PM : Outperform Start Price: $3.19 AWP Score: 64.60

As a general rule I know better then to buy real estate for the next two or three years, however this fund was made by Apline managent which has had lot of experience in real estate both in closed-end and open-end funds. I also like how Apline realizes that real estate has a cycler buisness cycle, and they compenscate thier holdings because of this. The biggest reason I like this fund is the way they use a dividend capture stragey to generate income. (They use a third of the investment money to capture dividends.) That means they buy a stock before ex dividend date, sell it after, and then buy another stock to get another dividend.) This stragey makes getting amazing dividends possible. Currently 44%. This fund is selling below $1.00 below NAV according to aplinecef.com. If you do not like real estate look at AOD or AGD funds.

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Recs

0

 (AWP)

Avatar NevadaBuilder (95.58) Submitted: 11/25/08 1:54 AM : Outperform Start Price: $2.86 AWP Score: 82.10

hi div

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Recs

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 (AWP)

Avatar hhrowe (< 20) Submitted: 10/12/08 12:37 AM : Outperform Start Price: $3.56 AWP Score: 50.71

A huge dividend (curently 40%) is likely to continue and even if it is cut in half it is still huge. Insiders have only been buying and that in large quantities. Income stream has been consistant for more than two years. The company says the current dividend will definitely continue thru the next thee months. The company has nine billion in real estate assets in 30 countries.

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