Citadel HYTES Fund

Citadel HYTES Fund

June 20, 2008 09:30 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - June 20, 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 June 30, 2008 and payable on July 8, 2008 is $0.14 Cdn per unit.

Throughout the month of May 2008, Citadel HYTES repurchased 41,300 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at June 12, 2008, Citadel HYTES's net asset value was $15.31 Cdn per unit. The current portfolio consists of 39% income funds, 35% oil and gas royalty trusts, 17% utility and infrastructure, 7% real estate investment trusts, and 2% cash and cash equivalents.

Top Ten Holdings at June 18, 2008:

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

Contact Information

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