Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

January 23, 2007 09:30 ET

Citadel S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Jan. 23, 2007) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) reports the distribution to unitholders of record at the close of business on January 31, 2007 and payable on February 15, 2007 is $0.104 Cdn per unit.

Throughout the month of December 2007, Citadel S-1 repurchased 15,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 18, 2007, Citadel S-1's net asset value was $15.04 Cdn per unit. The current portfolio consists of 25% utility and infrastructure, 24% income funds, 17% oil and gas royalty trusts, 21% real estate investment trusts, and 13% cash and cash equivalents.

Top Ten Holdings at January 18, 2007:

1) Northland Power Income Fund
2) Dundee Reit
3) Inter Pipeline Fund
4) Firm Capital Mortgage Investment Trust
5) Keyera Facilities Income Fund
6) Altagas Income Trust
7) Riocan Reit
8) Amtelecom Income Fund
9) Yellow Pages Income Fund
10) CML Healthcare Income Fund

Contact Information

  • Citadel S-1 Income Trust Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing