Citadel HYTES Fund

Citadel HYTES Fund

August 23, 2007 09:30 ET

Citadel Hytes Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Aug. 23, 2007) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on August 31, 2007 and payable on September 10, 2007 is $0.14 Cdn per unit.

Throughout the month of July 2007, Citadel HYTES repurchased 43,800 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at August 16, 2007, Citadel HYTES's net asset value was $14.64 Cdn per unit. The current portfolio consists of 34% oil and gas royalty trusts, 36% income funds, 14% real estate investment trusts, and 14% utility and infrastructure, and 2% cash and cash equivalents.

Top Ten Holdings at August 21, 2007:

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

Contact Information

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