Alpine Global Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek high current dividend income that qualifies for the reduced federal income tax rates. It also focuses on long-term growth of capital as a secondary investment objective. The Fund targets under-valued, dividend-paying the United States and non-United States stocks with an active management process in order to maximize the amount of qualified dividends earned by the Fund, in addition to capital appreciation potential. The Fund may invest in equity-linked securities and other derivative instruments. The Fund invests in various sectors, including industrials, financials, utilities, telecommunication services, materials, information technology, healthcare, consumer staples, energy and consumer discretionary. The Fund�s investment advisor is Alpine Woods Capital Investors, LLC. Its administrator is State Street Bank and Trust Company.