Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

November 22, 2007 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Nov. 22, 2007) - Citadel Diversified Investment Trust (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on November 30, 2007 and payable on December 14, 2007 is $0.085 Cdn per unit.

Throughout the month of October 2007, Citadel Diversified repurchased 131,900 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Trust's net asset value as at November 14, 2007 was $11.31 Cdn per unit. The current portfolio consists of 33% income funds, 31% oil and gas royalty trusts, 12% real estate investment trusts, 21% utility and infrastructure, and 3% cash and cash equivalents.

Top Ten Holdings at November 20, 2007:

1) Crescent Point Energy Trust
2) ARC Energy Trust
3) Vermilion Energy Trust
4) Focus Energy Trust
5) Yellow Pages Income Fund
6) Armtec Infrastructure Income Fund
7) IPC US Reit
8) Arctic Glacier Income Fund
9) Altagas Income Trust
10) NAL Oil & Gas Trust

Contact Information

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