Citadel HYTES Fund

Citadel HYTES Fund

December 19, 2008 16:53 ET

Citadel HYTES Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Dec. 19, 2008) - Citadel HYTES Fund (TSX:CHF.UN) ("Citadel HYTES" of the "Fund") reports the distribution to unitholders of record at the close of business on December 31, 2008 and payable on January 8, 2009 is $0.14 Cdn per unit.

Throughout the month of November 2008, Citadel HYTES repurchased 39,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 18, 2008, Citadel HYTES's net asset value was $7.70 Cdn per unit. The current portfolio consists of 39% income funds, 28% oil and gas royalty trusts, 21% utility and infrastructure, 4% real estate investment trusts, and 8% cash and cash equivalents.

Top Ten Holdings at December 18, 2008:

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

Contact Information

  • Citadel HYTES Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    Citadel HYTES Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region