Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

April 22, 2008 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - April 22, 2008) - Citadel Diversified Investment Trust ("Citadel Diversified" of the "Fund") (TSX:CTD.UN) reports the distribution to unitholders of record at the close of business on April 30, 2008 and payable on May 15, 2008 is $0.085 Cdn per unit.

Throughout the month of March 2008, Citadel Diversified repurchased 119,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Fund's net asset value as at April 17, 2008 was $11.50 Cdn per unit. The current portfolio consists of 28% income funds, 36% oil and gas royalty trusts, 9% real estate investment trusts, 19% utility and infrastructure, and 8% cash and cash equivalents.

Top Ten Holdings at April 18, 2008:

1) Crescent Point Energy Trust
2) ARC Energy Trust
3) Enerplus Resources Fund
4) Vermilion Energy Trust
5) Altagas Income Trust
6) NAL Oil & Gas Trust
7) Baytex Energy Trust
8) Bonavista Energy Trust
9) Penn West Energy Trust
10) Armtec Infrastructure Income Fund

Contact Information

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