Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

November 22, 2006 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Nov. 22, 2006) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on November 30, 2006 and payable on December 15, 2006 is $0.085 Cdn per unit.

Throughout the month of October 2006, Citadel Diversified repurchased 134,200 units at an average price of $10.90 per unit under its mandatory repurchase program, which represented a discount to net asset value of 8.1%.

The Trust's net asset value as at November 16, 2006 was $10.60 Cdn per unit. The current portfolio consists of 48% income funds, 25% oil and gas royalty trusts, 15% real estate investment trusts, 10% pipeline and energy distribution funds, and 2% cash and cash equivalents.

Top Ten Holdings at November 17, 2006:

1) Halterm Income Fund
2) ARC Energy Trust
3) Yellow Pages Income Fund
4) Penn West Energy Trust
5) Vermilion Energy Trust
6) H&R Reit
7) Arctic Glacier Income Fund
8) Baytex Energy Trust
9) Dundee Reit
10) TransForce Income Fund

Contact Information

  • Citadel Diversified Investment Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing