Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

August 23, 2007 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Aug. 23, 2007) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on August 31, 2007 and payable on September 14, 2007 is $0.085 Cdn per unit.

Throughout the month of July 2007, Citadel Diversified repurchased 128,900 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Trust's net asset value as at August 16, 2007 was $11.11 Cdn per unit. The current portfolio consists of 34% income funds, 30% oil and gas royalty trusts, 15% real estate investment trusts, 18% utility and infrastructure, and 3% cash and cash equivalents.

Top Ten Holdings at August 21, 2007:

1) CCS Income Trust
2) ARC Energy Trust
3) Vermilion Energy Trust
4) Focus Energy Trust
5) Yellow Pages Income Fund
6) Gateway Casinos Income Fund
7) Crescent Point Energy Trust
8) Altagas Income trust
9) Dundee Reit
10) IPC US Reit

Contact Information

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