Citadel HYTES Fund

Citadel HYTES Fund

March 22, 2007 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - March 22, 2007) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on March 31, 2007 and payable on April 9, 2007 is $0.14 Cdn per unit.

Throughout the month of February 2007, Citadel HYTES repurchased 40,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 15, 2007, Citadel HYTES's net asset value was $14.65 Cdn per unit. The current portfolio consists of 34% oil and gas royalty trusts, 43% income funds, 12% real estate investment trusts, 10% utility and infrastructure, and 1% cash and cash equivalents.

Top Ten Holdings at March 20, 2007:

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

Contact Information

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