Energy Plus Income Trust

Energy Plus Income Trust

May 23, 2006 09:30 ET

Energy Plus Income Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - May 23, 2006) - Energy Plus Income Trust (TSX:EPF.UN) reports the distribution to unitholders of record at the close of business on May 31, 2006 and payable June 15, 2006 is $0.10 Cdn per unit.

Throughout the month of April 2006, Energy Plus Fund repurchased 16,000 units at an average price of $11.11 per unit under its mandatory repurchase program, which represented a discount to net asset value of 7.6%.

As at May 18, 2006, the Fund's net asset value was $11.19 Cdn per unit. The current portfolio consists of 67% oil & gas royalty trusts, 10% oil & gas service trusts, 19% energy corporations and 4% cash and cash equivalents.

Contact Information

  • Energy Plus Income Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing