Citadel HYTES Fund

Citadel HYTES Fund

April 20, 2007 09:30 ET

Citadel Hytes Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - April 20, 2007) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on April 30, 2007 and payable on May 7, 2007 is $0.14 Cdn per unit.

Throughout the month of March 2007, Citadel HYTES repurchased 46,800 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at April 12, 2007, Citadel HYTES's net asset value was $15.37 Cdn per unit. The current portfolio consists of 34% oil and gas royalty trusts, 43% income funds, 12% real estate investment trusts, and 11% utility and infrastructure.

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

Contact Information

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