Citadel HYTES Fund

Citadel HYTES Fund

November 20, 2008 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2008) - Citadel HYTES Fund ("Citadel HYTES" of the "Fund") (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on November 30, 2008 and payable on December 5, 2008 is $0.14 Cdn per unit.

Throughout the month of October 2008, Citadel HYTES repurchased 37,300 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 18, 2008, Citadel HYTES's net asset value was $8.94 Cdn per unit. The current portfolio consists of 39% income funds, 30% oil and gas royalty trusts, 20% utility and infrastructure, 4% real estate investment trusts, and 7% cash and cash equivalents.

Top Ten Holdings at November 18, 2008:

1) Yellow Pages Income Fund
2) Enerplus Resources
3) Vermilion Energy Trust
4) NAL Oil & Gas Trust
5) IBI Income Fund
6) Progress Energy Trust
7) Fort Chicago Energy Partners
8) Keyera Facilities Income Fund
9) Rogers Sugar Income Fund
10) Medical Facilities Corp.

Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing (East)
    Citadel HYTES Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region