Energy Plus Income Trust

Energy Plus Income Trust

March 22, 2007 09:30 ET

Energy Plus Income Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - March 22, 2007) - Energy Plus Income Trust (TSX:EPF.UN) (the "Fund") reports the distribution to unitholders of record at the close of business on March 31, 2007 and payable April 16, 2007 is $0.0833 Cdn per trust unit.

Throughout the month of February 2007, Energy Plus repurchased 53,000 trust units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 15, 2007, the Fund's net asset value was $7.66 Cdn per trust unit. The current portfolio consists of 75% oil & gas royalty trusts, 8% oil & gas service trusts, and 11% energy corporations, and 6% cash and cash equivalents.

Contact Information

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