Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

May 23, 2006 09:30 ET

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

CALGARY, ALBERTA--(CCNMatthews - May 23, 2006) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on May 31, 2006 and payable on June 15, 2006 is $0.0583 Cdn per unit.

Throughout the month of April 2006, there were no Citadel Stable S-1 unit repurchases.

As at May 18, 2006, Citadel Stable S-1's net asset value was $8.96 Cdn per unit. The current portfolio consists of 19% real estate investment trusts, 18% oil and gas royalty trusts, 18% power generation funds, 16% ongoing business trusts, 15% pipeline and energy distribution funds, and 14% cash and cash equivalents.

Top Ten Holdings at May 18, 2006:

1) Summit Reit
2) Dundee Reit
3) Atlantic Power Corporation
4) Keyera Facilities Income Fund
5) Yellow Pages Income Fund
6) Inter Pipeline Fund
7) Northland Power Income Fund
8) TransAlta Power
9) NAL Oil & Gas Trust
10) Baytex Energy Trust

Contact Information

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