Citadel HYTES Fund

Citadel HYTES Fund

October 23, 2007 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Oct. 23, 2007) - Citadel HYTES Fund (TSX:CHF.UN) reports the distribution to unitholders of record at the close of business on October 31, 2007 and payable on November 7, 2007 is $0.14 Cdn per unit.

Throughout the month of September 2007, Citadel HYTES repurchased 37,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at October 18, 2007, Citadel HYTES's net asset value was $15.29 Cdn per unit. The current portfolio consists of 35% oil and gas royalty trusts, 38% income funds, 10% real estate investment trusts, and 15% utility and infrastructure, and 2% cash and cash equivalents.

Top Ten Holdings at October 18, 2007:

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

Contact Information

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