EnerVest Diversified Income Trust
TSX : EIT.UN

EnerVest Diversified Income Trust

June 16, 2011 12:55 ET

EnerVest Diversified Income Trust Announces June 2011 Distribution and Quarterly Distribution Outlook

CALGARY, ALBERTA--(Marketwire - June 16, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

EnerVest Diversified Income Trust ("EnerVest" or the "Fund") (TSX:EIT.UN) announces the June 2011 distribution of $0.10 per unit. The record date for this distribution is June 30, 2011 and the payment date will be July 15, 2011. The ex-distribution date for this payment is June 28, 2011.

Third Quarter Distribution Outlook

For the third quarter of 2011, the Fund intends to pay a $0.10 per unit distribution for each of July, August and September. Exact record, payment and ex-distribution dates for each distribution will continue to be provided via news release on a monthly basis.

About the Distribution

The Fund's objective is to deliver a consistent, high-yield, monthly cash distribution from a portfolio of income-generating and capital-growth oriented securities. At current unit prices, EIT.UN is providing unitholders with a yield of approximately 8.4%.

About the Fund

The Fund is one of Canada's largest, most liquid, diversified closed-end investment funds and is listed on the TSX under the symbol EIT.UN. The Fund is managed by Bob Haber, an award-winning portfolio manager and former CIO of Fidelity Investments Canada. The Fund is actively managed and invests in a diversified portfolio of income-generating and capital-growth oriented securities listed primarily on the TSX. The Fund is designed to maximize distributions and net asset value for the benefit of its Unitholders.

About Canoe Financial

Canoe Financial is an experienced and innovative investment management firm focused on building financial wealth for Canadians. Canoe currently manages approximately $1.7 billion in assets through its mutual fund and closed-end products. Canoe is a strong believer in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources and our sound fiscal structure, we believe Canada provides long-term growth potential for investors.

Canoe Financial is committed to providing exceptional client service and is a proud partner of Canada's Investment Advisor and Financial Planner network. To learn more about Canoe visit our website at www.canoefinancial.com.

Bob Haber is the Chief Executive Officer and Chief Investment Officer of Haber Trilix Advisors, LP, who is a sub-advisor to Canoe Financial LP.

Forward Looking Statement: Certain statements included in this news release constitute forward-looking statements. The forward-looking statements are not historical facts but reflect Canoe Financial LP's and its affiliates' ("Canoe") current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Canoe believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Canoe undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This information is for review purposes only, and investors should consult their Investment Advisor for complete details and risk factors on specific strategies and various investment products.

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