Citadel Diversified Investment Trust

Citadel Diversified Investment Trust

June 20, 2008 09:30 ET

Citadel Diversified Investment Trust Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - June 20, 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 June 30, 2008 and payable on July 15, 2008 is $0.085 Cdn per unit.

Throughout the month of May 2008, Citadel Diversified repurchased 119,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

The Fund's net asset value as at June 12, 2008 was $12.14 Cdn per unit. The current portfolio consists of 28% income funds, 36% oil and gas royalty trusts, 10% real estate investment trusts, 19% utility and infrastructure, and 7% cash and cash equivalents.

Top Ten Holdings at June 18, 2008:

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

Contact Information

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