Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund has an investment objective to provide high current dividend income. The Fund also focuses on long-term growth of capital as a secondary investment objective. The Fund may invest in equity-linked structured notes. It seeks to invest in stocks of companies across diversified sectors. The Fund invests in U.S. and non-U.S. companies that have increased or have the potential to increase their dividend payout. The Fund invests in a blend of growth and value stocks of companies across diversified market capitalizations. The Fund invests across various sectors like financials, industrials, health care, information technology, consumer staples, energy, consumer discretionary, materials, utilities and others. The Fund's investment advisor is Alpine Woods Capital Investors, LLC. State Street Bank and Trust Company serves as the Fund’s administrator.