I called Alpine's investor relations dept and they tell me all of their distributions come from income and that no part of the yield is "return of capital". The chart seems to have bottomed and I thought this might be a good time to invest a bit with the idea of putting more in if the price slips a bit further.... but the 12% yield is both enticing and terrifying. Can anyone tell me what I am missing here?
Alpine also has CEFs AWP Global Re and AGD Global div .. both with great yields ( or too good to be...etc... traps)??
Would appreciate any insight. Thanks. Richardsok