EnerVest Diversified Income Trust Announces July 2009 Distribution
CALGARY, ALBERTA--(Marketwire - July 21, 2009) - 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) today announced the June distribution of $0.15 per unit. The record date for this distribution is July 31, 2009 and the payment date will be August 14, 2009. The ex-distribution date for this payment is July 29, 2009.
About the Distribution
The monthly distribution is comprised primarily of income and capital gains from the investment portfolio. Although the Fund is actively managed and reviewed on a regular basis, it is important to note that external influences, such as market volatility and commodity prices, have a direct effect on the income and capital returns of the Fund. Management will continue to monitor its portfolio returns, making adjustments to the underlying securities and distributions as required, to ensure the long-term flexibility and sustainability of the Fund.
The Fund is Canada's largest, most liquid, diversified closed-end investment fund. The Fund is listed on the TSX under the symbol EIT.UN and is an actively managed, diversified portfolio of income-generating and capital growth oriented securities, listed primarily on the TSX, designed to maximize distributions and Net Asset Value for the benefit of its Unitholders.
Certain statements included in this news release constitute forward-looking statements. The forward-looking statements are not historical facts but reflect EnerVest Management Ltd.'s and its affiliates (the "Administrator") 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 the Administrator 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. The Administrator 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.