Energy Plus Income Trust

Energy Plus Income Trust

October 23, 2006 09:30 ET

Energy Plus Income Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - Oct. 23, 2006) - Energy Plus Income Trust (TSX:EPF.UN) reports the distribution to unitholders of record at the close of business on October 31, 2006 and payable November 15, 2006 is $0.10 Cdn per unit.

Throughout the month of September 2006, Energy Plus repurchased 78,500 units at an average price of $10.73 per unit under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at October 19, 2006, the Fund's net asset value was $10.36 Cdn per unit. The current portfolio consists of 76% oil & gas royalty trusts, 10% oil & gas service trusts, and 13% energy corporations, and 1% cash and cash equivalents.

Contact Information

  • Energy Plus Income Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing