Citadel HYTES Fund

Citadel HYTES Fund

February 20, 2007 13:45 ET

Citadel Hytes Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Feb. 20, 2007) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on February 28, 2007 and payable on March 7, 2007 is $0.14 Cdn per unit.

Throughout the month of January 2007, Citadel HYTES repurchased 44,900 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 15, 2007, Citadel HYTES's net asset value was $15.18 Cdn per unit. The current portfolio consists of 33% oil and gas royalty trusts, 42% income funds, 13% real estate investment trusts, 9% utility and infrastructure, and 3% cash and cash equivalents.

Top Ten Holdings at February 15, 2007:

1) ARC Energy Trust
2) Enerplus Resource Fund
3) Innvest Reit
4) Vermilion Energy Trust
5) Medical Facilities Corp
6) TransForce Income Fund
7) Bonavista Energy Trust
8) Fort Chicago Energy Partners
9) IBI Income Fund
10) Harvest Energy Trust

Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing