Citadel HYTES Fund

Citadel HYTES Fund

January 23, 2007 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Jan. 23, 2007) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on January 31, 2007 and payable on February 7, 2007 is $0.14 Cdn per unit.

Throughout the month of December 2007, Citadel HYTES repurchased 40,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 18, 2007, Citadel HYTES's net asset value was $14.51 Cdn per unit. The current portfolio consists of 34% oil and gas royalty trusts, 42% income funds, 14% real estate investment trusts, 9% utility and infrastructure, and 1% cash and cash equivalents.

Top Ten Holdings at January 18, 2007:

1) ARC Energy Trust
2) Enerplus Resource Fund
3) Innvest Reit
4) Vermilion Energy Trust
5) Medical Facilities Corp
6) Morguard Reit
7) Fort Chicago Energy Partners
8) TransForce Income Fund
9) Bonavista Energy Trust
10) IBI Income Fund

Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing