Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

March 22, 2007 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - March 22, 2007) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on March 31, 2007 and payable on April 16, 2007 is $0.085 Cdn per unit.

Throughout the month of February 2007, Citadel Diversified repurchased 120,200 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Trust's net asset value as at March 15, 2007 was $11.39 Cdn per unit. The current portfolio consists of 42% income funds, 27% oil and gas royalty trusts, 16% real estate investment trusts, 13% utility and infrastructure, and 2% cash and cash equivalents.

Top Ten Holdings at March 20, 2007:

1) ARC Energy Trust
2) Yellow Pages Income Fund
3) Penn West Energy Trust
4) IPC US Reit
5) Arctic Glacier Income Fund
6) H&R Reit
7) Vermilion Energy Trust
8) Crescent Point Energy Trust
9) Cineplex Galaxy Income Fund
10) Bonavista Energy Trust

Contact Information

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