Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

October 23, 2007 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Oct. 23, 2007) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on October 31, 2007 and payable on November 15, 2007 is $0.085 Cdn per unit.

Throughout the month of September 2007, Citadel Diversified repurchased 116,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Trust's net asset value as at October 18, 2007 was $11.70 Cdn per unit. The current portfolio consists of 32% income funds, 32% oil and gas royalty trusts, 13% real estate investment trusts, 20% utility and infrastructure, and 3% cash and cash equivalents.

Top Ten Holdings at October 18, 2007:

1) CCS Income Trust
2) ARC Energy Trust
3) Crescent Point Energy Trust
4) Vermilion Energy Trust
5) Focus Energy Trust
6) Yellow Pages Income Fund
7) Gateway Casinos Income Fund
8) Penn West Energy Trust
9) Arctic Glacier Income Fund
10) AltaGas Income Trust

Contact Information

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