Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

December 19, 2006 12:20 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Dec. 19, 2006) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on December 31, 2006 and payable on January 15, 2006 is $0.085 Cdn per unit.

Throughout the month of November 2006, Citadel Diversified repurchased 140,300 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Trust's net asset value as at December 14, 2006 was $11.32 Cdn per unit. The current portfolio consists of 44% income funds, 29% oil and gas royalty trusts, 14% real estate investment trusts, 12% pipeline and energy distribution funds, and 1% cash and cash equivalents.

Top Ten Holdings at December 15, 2006:

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

Contact Information

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