Citadel HYTES Fund

Citadel HYTES Fund

April 22, 2008 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - April 22, 2008) - Citadel HYTES Fund ("Citadel HYTES" of the "Fund") (TSX:CHF.UN)reports the distribution to unitholders of record at the close of business on April 30, 2008 and payable on May 7, 2008 is $0.14 Cdn per unit.

Throughout the month of March 2008, Citadel HYTES repurchased 41,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at April 17, 2008, Citadel HYTES's net asset value was $14.82 Cdn per unit. The current portfolio consists of 36% oil and gas royalty trusts, 37% income funds, 8% real estate investment trusts, and 16% utility and infrastructure, and 3% cash and cash equivalents.

Top Ten Holdings at April 18, 2008:

1) Enerplus Resources
2) Vermilion Energy Trust
3) NAL Oil & Gas Trust
4) ARC Energy Trust
5) IBI Income Fund
6) Rogers Sugar Income Fund
7) Fort Chicago Energy Partners
8) Bonavista Energy Trust
9) Progress Energy Trust
10) Medical Facilities Corporation

Contact Information

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