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<DIV style="width:624px"><P style="margin-top:6.667px; margin-bottom:6.667px; font-size:14pt" align=center><B>UNITED STATES <BR>
SECURITIES AND EXCHANGE COMMISSION <BR>
</B><FONT style="font-size:12pt"><B>Washington, D.C. 20549 </B></FONT></P>
<P style="margin-top:7.8px; margin-bottom:7.8px; font-size:14pt" align=center><B>FORM 8-K </B></P>
<P style="margin-top:6.667px; margin-bottom:6.667px; font-size:14pt" align=center><B>CURRENT REPORT <BR>
</B><FONT style="font-size:12pt"><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </B></FONT></P>
<P style="margin-top:5.533px; margin-bottom:5.533px" align=center>Date of Report (Date of earliest event reported): &nbsp;September 21, 2010</P>
<P style="margin-top:5.533px; margin-bottom:5.533px; font-size:14pt" align=center><B>ALPINE GLOBAL DYNAMIC DIVIDEND FUND <BR>
</B><FONT style="font-size:10pt">(Exact name of registrant as specified in its charter) <BR>
</FONT></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=168 /><TD width=168 /><TD width=167.933 /></TR>
<TR><TD style="margin-top:0px" valign=top width=168><P style="margin:0px" align=center>Delaware</P>
</TD><TD style="margin-top:0px" valign=top width=168><P style="margin:0px; font-size:11pt" align=center>811-21901</P>
</TD><TD style="margin-top:0px" valign=top width=167.933><P style="margin:0px; font-size:11pt" align=center>20-4924557</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=168><P style="margin:0px" align=center>(State or other jurisdiction</P>
</TD><TD style="margin-top:0px" valign=top width=168><P style="margin:0px" align=center>(Commission</P>
</TD><TD style="margin-top:0px" valign=top width=167.933><P style="margin:0px" align=center>(IRS Employer</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=168><P style="margin:0px" align=center>of incorporation)</P>
</TD><TD style="margin-top:0px" valign=top width=168><P style="margin:0px" align=center>File Number)</P>
</TD><TD style="margin-top:0px" valign=top width=167.933><P style="margin:0px" align=center>Identification No.)</P>
</TD></TR>
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<P style="margin:0px"><BR></P>
<P style="margin-top:5.533px; margin-bottom:5.533px" align=center>2500 Westchester Avenue, Suite 215, Purchase, New York, 10577</P>
<P style="margin-top:6.667px; margin-bottom:6.667px" align=center>(Address of principal executive offices) (Zip Code) </P>
<P style="margin-top:6.667px; margin-bottom:6.667px" align=center>Registrant&#146;s telephone number, including area code: &nbsp;(914) 251-0880</P>
<P style="margin-top:6.667px; margin-bottom:6.667px" align=center>____________________________________________________<BR>
(Former name or former address, if changed since last report) </P>
<P style="margin-top:5.533px; margin-bottom:5.533px">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<U>see</U> General Instruction A.2. below):</P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=31.067 /><TD width=589.8 /></TR>
<TR><TD style="margin-top:0px" valign=top width=31.067><P style="margin:0px; font-family:Wingdings">o </P>
</TD><TD style="margin-top:0px" valign=top width=589.8><P style="margin:0px">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
</TD></TR>
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<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=31.067 /><TD width=589.8 /></TR>
<TR><TD style="margin-top:0px" valign=top width=31.067><P style="margin:0px; font-family:Wingdings">o </P>
</TD><TD style="margin-top:0px" valign=top width=589.8><P style="margin:0px">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=31.067 /><TD width=589.8 /></TR>
<TR><TD style="margin-top:0px" valign=top width=31.067><P style="margin:0px; font-family:Wingdings">o </P>
</TD><TD style="margin-top:0px" valign=top width=589.8><P style="margin:0px">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=31.067 /><TD width=589.8 /></TR>
<TR><TD style="margin-top:0px" valign=top width=31.067><P style="margin:0px; font-family:Wingdings">o </P>
</TD><TD style="margin-top:0px" valign=top width=589.8><P style="margin:0px">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
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<P style="margin-top:0px; margin-bottom:16px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
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<BR></P>
<P style=page-break-before:always;margin-top:0;margin-bottom:-4pt;font-size:4pt /><P style="margin-top:0px; margin-bottom:-2px; width:96px; font-size:11pt; color:#3F3F3F; float:left"><B><U>Item 5.03</U></B></P>
<P style="margin:0px; text-indent:-2px; font-size:11pt; color:#3F3F3F" align=justify><B><U>Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year</U></B></P>
<P style="margin:0px; clear:left" align=justify><BR></P>
<P style="margin-top:6.133px; margin-bottom:6.133px; font-size:11pt">On September 15, 2010, the Board of Trustees of Alpine Global Dynamic Dividend Fund (the &#147;Fund&#148;) approved and adopted an amendment (the &#147;Amendment&#148;) to the By-Laws of the Fund. The Amendment was effective as of September 15, 2010. The Amendment sets forth the processes and procedures that shareholders of the Fund must follow, and specifies additional information that shareholders of the Fund must provide, when proposing trustee nominations at any annual or special meeting of shareholders or other business to be considered at an annual meeting of shareholders. </P>
<P style="margin-top:6.133px; margin-bottom:6.133px; font-size:11pt">The preceding is qualified in its entirety by reference to the Amendment, which is attached hereto as Exhibit&nbsp;1 and is incorporated herein by reference. </P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:6.133px" align=center><BR>
<BR></P>
<P style="margin-top:6.133px; margin-bottom:6.133px; font-size:11pt; page-break-before:always" align=center><B>SIGNATURES</B></P>
<P style="margin-top:6.133px; margin-bottom:6.133px; text-indent:48px; font-size:11pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
<P style="margin-top:6.133px; margin-bottom:6.133px; text-indent:383.8px; font-size:11pt">Alpine Global Dynamic Dividend Fund</P>
<P style=margin-top:6.133px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:383.8px; width:432px; font-size:11pt; float:left">By: </P>
<P style="margin-top:0px; margin-bottom:6.133px; text-indent:-2px; font-size:11pt"><U>/s/ Ronald Palmer</U></P>
<P style="margin-top:6.133px; margin-bottom:6.133px; padding-left:431.8px; font-size:11pt; clear:left">Ronald Palmer<BR>
</P>
<P style="margin-top:6.133px; margin-bottom:6.133px; padding-left:431.8px; text-indent:0.2px">Chief Financial Officer</P>
<P style=margin-top:6.133px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; text-indent:432px; width:480px; font-size:11pt; float:left">Date:</P>
<P style="margin-top:0px; margin-bottom:6.133px; text-indent:-2px; font-size:11pt">September 21, 2010</P>
<P style="margin:6.133px; clear:left"><BR></P>
<P style="margin:6.133px"><BR>
<BR></P>
<P style="margin:0px"><BR></P>
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<BR></P>
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Converted by EDGARwiz
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):  September 21, 2010
ALPINE GLOBAL DYNAMIC DIVIDEND FUND
(Exact name of registrant as specified in its charter)
Delaware
811-21901
20-4924557
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
2500 Westchester Avenue, Suite 215, Purchase, New York, 10577
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:  (914) 251-0880
____________________________________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On September 15, 2010, the Board of Trustees of Alpine Global Dynamic Dividend Fund (the "Fund") approved and adopted an amendment (the "Amendment") to the By-Laws of the Fund. The Amendment was effective as of September 15, 2010. The Amendment sets forth the processes and procedures that shareholders of the Fund must follow, and specifies additional information that shareholders of the Fund must provide, when proposing trustee nominations at any annual or special meeting of shareholders or other business to be considered at an annual meeting of shareholders.
The preceding is qualified in its entirety by reference to the Amendment, which is attached hereto as Exhibit 1 and is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Alpine Global Dynamic Dividend Fund
By:
/s/ Ronald Palmer
Ronald Palmer
Chief Financial Officer
Date:
September 21, 2010