Citadel HYTES Fund

Citadel HYTES Fund

January 23, 2008 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Jan. 23, 2008) - Citadel HYTES Fund (TSX:CHF.UN) ("Citadel HYTES" of the "Fund") reports the distribution to unitholders of record at the close of business on January 31, 2008 and payable on February 7, 2008 is $0.14 Cdn per unit.

Throughout the month of December 2007, Citadel HYTES repurchased 36,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 21, 2008, Citadel HYTES's net asset value was $13.18 Cdn per unit. The current portfolio consists of 34% oil and gas royalty trusts, 41% income funds, 8% real estate investment trusts, and 16% utility and infrastructure, and 1% cash and cash equivalents.

Top Ten Holdings at January 21, 2008:

1) Medical Facilities Corporation
2) Vermilion Energy Trust
3) ARC Energy Trust
4) IBI Income Fund
5) NAL Oil & Gas Trust
6) Fort Chicago Energy Partners
7) Rogers Sugar Income Fund
8) Enerplus Resources
9) Keyera Facilities Income Fund
10) Bonavista Energy Trust

Contact Information

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