Citadel Premium Income Fund

Citadel Premium Income Fund

January 23, 2008 09:30 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Jan. 23, 2008) - Citadel Premium Income Fund ("Citadel Premium" or the "Fund") (TSX:CPF.UN) reports the distribution to unitholders of record at the close of business on January 31, 2008 and payable on February 15, 2008 is $0.085 Cdn per unit.

Throughout the month of December 2007, Citadel Premium repurchased 143,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 21, 2008, Citadel Premium's net asset value was $9.37 Cdn per unit. The current portfolio consists of 27% oil and gas royalty trusts, 53% ongoing business trusts, 11% real estate investment trusts, 8% utilities and infrastructure, and 1% cash and cash equivalents

Top Ten Holdings at January 21, 2008:

1) Vermilion Energy Trust
2) ARC Energy Trust
3) Progress Energy Trust
4) Inter Pipeline Fund
5) Crescent Point Energy Trust
6) Primaris Retail Reit
7) Energy Savings Income Fund
8) Keystone North America Inc
9) Trinidad Energy Services
10) Bonavista Energy Trust

Contact Information

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