Citadel HYTES Fund
TSX : CHF.UN

Citadel HYTES Fund

May 23, 2006 09:30 ET

Citadel HYTES Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - May 23, 2006) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on May 31, 2006 and payable on June 7, 2006 is $0.14 Cdn per unit.

Throughout the month of April 2006, there were no Citadel HYTES unit repurchases.

As at May 18, 2006, Citadel HYTES's net asset value was $16.81 Cdn per unit. The current portfolio consists of 38% oil and gas royalty trusts, 39% income funds, 12% real estate investment trusts, 2% utility and infrastructure and 9% cash and cash equivalents.



Top Ten Holdings at May 18, 2006:

1) Vermilion Energy Trust
2) ARC Energy Trust
3) Enerplus Resource Fund
4) Davis & Henderson Income Fund
5) TransForce Income Fund
6) Harvest Energy Trust
7) Shiningbank Energy Income Fund
8) Paramount Energy Trust
9) NAL Oil & Gas Trust
10) IBI Income Fund



Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com