Citadel Premium Income Fund

Citadel Premium Income Fund

November 20, 2008 09:30 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2008) - Citadel Premium Income Fund (TSX:CPF.UN) ("Citadel Premium" or the "Fund") reports the distribution to unitholders of record at the close of business on November 30, 2008 and payable on December 15, 2008 is $0.085 Cdn per unit.

Throughout the month of October 2008, Citadel Premium repurchased 50,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 18, 2008, Citadel Premium's net asset value was $5.98 Cdn per unit. The current portfolio consists of 35% oil and gas royalty trusts, 47% ongoing business trusts, 11% real estate investment trusts, 4% utilities and infrastructure, and 3% cash and cash equivalents.

Top Ten Holdings at November 18, 2008:

1) Crescent Point Energy Trust
2) Vermilion Energy Trust
3) ARC Energy Trust
4) Enerplus Resources Fund
5) IBI Income Fund Trust
6) Primaris Retail Reit
7) Altus Group Income Fund
8) Inter Pipeline Fund
9) Yellow Pages Income Fund
10) Keystone North America Inc.

Contact Information

  • Citadel Premium Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing (East)
    Citadel Premium Income Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region