Business Context and Reporting Period
This Form 8-K is a current report filed by Alpine Global Premier Properties Fund (also referenced as Alpine Total Dynamic Dividend Fund in the text) for the reporting date of September 28, 2017. The filing documents corporate governance updates approved by the Board of Trustees.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on governance amendments and does not contain financial performance data.
Material Changes
The material changes reported are administrative and procedural in nature:
- Amended and Restated By-Laws: Adopted effective September 28, 2017, to update shareholder proposal and nomination procedures, including requirements for shareholder presence at meetings and disclosure of relationships between nominees and significant shareholders.
- Qualification Requirements: New by-laws specify age thresholds, disqualifying conduct, and other criteria for trustee nominees.
- Exclusive Forum: The by-laws establish the State of Delaware as the exclusive forum for certain litigation.
- Committee Charter Update: The Nominating and Corporate Governance Committee Charter was updated to reflect new procedures for shareholder proposals and trustee candidate qualifications.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. The primary risk disclosure relates to the establishment of an exclusive forum for litigation in the State of Delaware. No unusual items or contingencies were reported.
Key Facts for Investor Verification
- Verify the full text of the Amended and Restated By-Laws (Exhibit 99.1) to understand specific shareholder proposal deadlines and nomination requirements.
- Confirm the updated Nominating and Corporate Governance Committee Charter (Exhibit 99.2) for details on trustee candidate qualifications.
- Note the designation of the State of Delaware as the exclusive forum for certain legal actions.
- Be aware that this filing contains no financial data; investors should refer to the Fund's most recent Form N-CSR or N-1A for financial metrics.