Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

January 23, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Jan. 23, 2008) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) ("Citadel S-1" or the "Fund") reports the distribution to unitholders of record at the close of business on January 31, 2008 and payable on February 15, 2008 is $0.104 Cdn per unit.

Throughout the month of December 2007, Citadel S-1 repurchased 14,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 21, 2008, Citadel S-1's net asset value was $13.37 Cdn per unit. The current portfolio consists of 34% utility and infrastructure, 30% income funds, 20% oil and gas royalty trusts, 14% real estate investment trusts, and 2% cash and cash equivalents.

Top Ten Holdings at January 21, 2008:

1) Northland Power Income Fund
2) Inter Pipeline Fund
3) Altagas Income Trust
4) Firm Capital Mortgage Investment Trust
5) Keyera Facilities Income Fund
6) EPCOR Power LP
7) Yellow Pages Income Fund
8) Bell Aliant Regional Comm. Income Fund
9) Enerplus Resources Fund
10) CML Healthcare Income Fund

Contact Information

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