Comments on: Alpine Dynamic Dividend Review http://www.thesunsfinancialdiary.com/investing/alpine-dynamic-dividend-my-dividend-generator/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/alpine-dynamic-dividend-my-dividend-generator/#comment-17228 Sun Tue, 07 Aug 2007 03:01:48 +0000 http://www.thesunsfinancialdiary.com/investing/mutual-fund/alpine-dynamic-dividend-my-dividend-generator/#comment-17228 Taylor: I will take a look at the fund you mentioned. I didn't know that fund, but with a yield at 6.7%, it sure looks interesting. Taylor: I will take a look at the fund you mentioned. I didn’t know that fund, but with a yield at 6.7%, it sure looks interesting.

]]> By: Taylorhttp://www.thesunsfinancialdiary.com/investing/alpine-dynamic-dividend-my-dividend-generator/#comment-17157 Taylor Mon, 06 Aug 2007 16:02:19 +0000 http://www.thesunsfinancialdiary.com/investing/mutual-fund/alpine-dynamic-dividend-my-dividend-generator/#comment-17157 Not only do I own a slug of advdx, I've recently discovered a unique 'income fund'(conservative allocation fund)for pre and retirees, IMSIX. Not only do I own a slug of advdx, I’ve recently discovered a unique ‘income fund’(conservative allocation fund)for pre and retirees, IMSIX.

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/alpine-dynamic-dividend-my-dividend-generator/#comment-15982 Sun Sat, 28 Jul 2007 03:21:01 +0000 http://www.thesunsfinancialdiary.com/investing/mutual-fund/alpine-dynamic-dividend-my-dividend-generator/#comment-15982 Brad: This is what I found from their annual report:"For the six months ended April 30, 2007, ADVDX paid $0.98 in dividend income, with nearly all of the distribution estimated to be qualified for the maximum taxable rate of 15%."And when I check my 2006 1099 form, all the dividend distributions are qualified dividend, not capital gains. So even with the high turnover ratio, the taxes aren't that bad to hold it in a taxable account. If you invest directly with the fund company, you will get the dividend reinvest option. The fund is worthless if the dividends are taken as cash. Brad: This is what I found from their annual report:

“For the six months ended April 30, 2007, ADVDX paid $0.98 in dividend income, with nearly all of the distribution estimated to be qualified for the maximum taxable rate of 15%.”

And when I check my 2006 1099 form, all the dividend distributions are qualified dividend, not capital gains. So even with the high turnover ratio, the taxes aren’t that bad to hold it in a taxable account. If you invest directly with the fund company, you will get the dividend reinvest option. The fund is worthless if the dividends are taken as cash.

]]> By: Bradhttp://www.thesunsfinancialdiary.com/investing/alpine-dynamic-dividend-my-dividend-generator/#comment-15881 Brad Fri, 27 Jul 2007 13:40:35 +0000 http://www.thesunsfinancialdiary.com/investing/mutual-fund/alpine-dynamic-dividend-my-dividend-generator/#comment-15881 Sun--Thanks. It seems like Capital Gains would be a real problem too, with all of that turnover. Is that not the case? I looked into Alpine and it seems I could open a Roth IRA with them, so I'm exploring that option, especially if they have automatic dividend reinvestment. Sun–

Thanks. It seems like Capital Gains would be a real problem too, with all of that turnover. Is that not the case? I looked into Alpine and it seems I could open a Roth IRA with them, so I’m exploring that option, especially if they have automatic dividend reinvestment.

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/alpine-dynamic-dividend-my-dividend-generator/#comment-15787 Sun Fri, 27 Jul 2007 02:05:46 +0000 http://www.thesunsfinancialdiary.com/investing/mutual-fund/alpine-dynamic-dividend-my-dividend-generator/#comment-15787 Novice: Yes, if everybody starts to use the same technique, then the technique and the fund will get killed. However, I feel that the technique is the result of the fund's investment objective, i.e., to generate maximum dividend. I don't think that every fund will have the same objective, even for some income funds that invest in dividend paying stocks. Many fund take the buy-and-hold approach and invest in companies that have long dividend growth history. That investment objective may determine that they are going to use the same strategy ADVDX is using.Brad: I bought the fund last year from Fidelity when they don't charge commissions (now I believe they do). No particular reason. I just want to reduce the number of accounts I have (I usually buy mutual funds from the fund company directly). It's in the taxable account since I want to have the flexibility to purchase more shares. However, most of the fund's dividend distribution qualifies for a lower rate (15%). So it's not too bad. Novice: Yes, if everybody starts to use the same technique, then the technique and the fund will get killed. However, I feel that the technique is the result of the fund’s investment objective, i.e., to generate maximum dividend. I don’t think that every fund will have the same objective, even for some income funds that invest in dividend paying stocks. Many fund take the buy-and-hold approach and invest in companies that have long dividend growth history. That investment objective may determine that they are going to use the same strategy ADVDX is using.

Brad: I bought the fund last year from Fidelity when they don’t charge commissions (now I believe they do). No particular reason. I just want to reduce the number of accounts I have (I usually buy mutual funds from the fund company directly). It’s in the taxable account since I want to have the flexibility to purchase more shares. However, most of the fund’s dividend distribution qualifies for a lower rate (15%). So it’s not too bad.

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