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Alpine Global Premier Propertie Message Board

  • zonker845 zonker845 Oct 6, 2008 11:48 AM Flag

    How did they do it

    Does anyone have a good idea of just what this fund invested in that produced a 63% drop in NAV
    since inception while the the Vanguard REIT index lost only 35%?

    Also with a closing NAV of $7 yesterday how long can it keep paying $1.50/yr in dividends?

    I am wondering whether this was some tax dodge vehicle where you get qualified dividends out and get to claim the loss of your original investment

 
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