Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

April 20, 2007 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - April 20, 2007) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on April 30, 2007 and payable on May 15, 2007 is $0.085 Cdn per unit.

Throughout the month of March 2007, Citadel Diversified repurchased 138,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Trust's net asset value as at April 12, 2007 was $11.87 Cdn per unit. The current portfolio consists of 42% income funds, 28% oil and gas royalty trusts, 15% real estate investment trusts, 13% utility and infrastructure, and 2% cash and cash equivalents.

Top Ten Holdings at April 17, 2007:

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

Contact Information

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