Citadel Premium Income Fund

Citadel Premium Income Fund

January 23, 2007 09:30 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Jan. 23, 2007) - Citadel Premium Income Fund (TSX:CPF.UN) reports the distribution to unitholders of record at the close of business on January 31, 2007 and payable on February 15, 2007 is $0.085 Cdn per unit.

Throughout the month of December 2007, Citadel Premium repurchased 363,900 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 18, 2007, Citadel Premium's net asset value was $10.65 Cdn per unit. The current portfolio consists of 26% oil and gas royalty trusts, 45% ongoing business trusts, 2% power funds, 11% real estate investment trusts, 6% utilities and infrastructure, and 10% cash and cash equivalents.

Top Ten Holdings at January 18, 2007:

1) Vermilion Energy Trust
2) Enerplus Resources Fund
3) Focus Energy Trust
4) ARC Energy Trust
5) TransForce Income Fund
6) Innvest Reit
7) H&R Reit
8) IPC US Reit
9) Crescent Point Energy Trust
10) Cineplex Galaxy Income Fund

Contact Information

  • Citadel Premium Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing