Fund Description: Aberdeen Total Dynamic Dividend Fund, formerly Alpine Total Dynamic Dividend Fund, is an exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Aberdeen Total Dynamic Dividend Fund seeks high current dividend income. The Fund also focuses on long-term growth of capital as a secondary investment objective. FUND STRATEGY: The Fund intends to invest primarily in a managed portfolio of U.S. and non-U.S. equity securities that the Adviser believes at the time of investment are eligible to pay dividends. The equity securities in which the Fund will invest will include primarily common stocks, although the Fund may, from time to time, also invest in real estate investment trusts, preferred stocks, master limited partnerships, exchange-traded funds and securities convertible into or exchangeable for common stocks, such as convertible debt. The Fund may seek to enhance its total returns through the use of leverage. The Fund currently expects to use leverage in an aggregate amount up to 33 1/3% of its total assets through issuing preferred shares, commercial paper and other borrowings. The Fund expects to invest at least 80% of its net assets plus amounts borrowed for investment purposes in the equity securities of domestic and foreign corporations that pay dividends. The Fund seeks to provide dividend income without regard to whether the dividends qualify for the reduced federal income tax rates applicable to qualified dividends under the Internal Revenue Code. FUND MANAGEMENT: Aberdeen Asset Management Inc. serves as the Adviser for the Fund.