Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

February 21, 2008 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2008) - Citadel Diversified Investment Trust (TSX:CTD.UN) ("Citadel Diversified" of the "Fund") reports the distribution to unitholders of record at the close of business on February 29, 2008 and payable on March 14, 2008 is $0.085 Cdn per unit.

Throughout the month of January 2008, Citadel Diversified repurchased 131,300 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%. In addition, 77,900 units were repurchased under the Fund's normal course issuer bid.

The Fund's net asset value as at February 14, 2008 was $11.00 Cdn per unit. The current portfolio consists of 31% income funds, 34% oil and gas royalty trusts, 9% real estate investment trusts, 18% utility and infrastructure, and 8% cash and cash equivalents.

Top Ten Holdings at February 18, 2008:

1) Enerplus Resources Fund
2) ARC Energy Trust
3) Crescent Point Energy Trust
4) Vermilion Energy Trust
5) Altagas Income Trust
6) Armtec Infrastructure Income Fund
7) Yellow Pages Income Fund
8) Arctic Glacier Income Fund
9) NAL Oil & Gas Trust
10) Medical Facilities Corporation

Contact Information

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