Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

January 23, 2007 09:30 ET

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

CALGARY, ALBERTA--(CCNMatthews - Jan. 23, 2007) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on January 31, 2007 and payable on February 15, 2007 is $0.0583 Cdn per unit.

Throughout the month of December 2007, Stable S-1 repurchased 179,900 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 18, 2007, Citadel Stable S-1's net asset value was $8.50 Cdn per unit. The current portfolio consists of 17% real estate investment trusts, 14% oil and gas royalty trusts, 21% power generation funds, 24% ongoing business trusts, 17% pipeline and energy distribution funds, and 7% cash and cash equivalents.

Top Ten Holdings at January 18, 2007:

1) Dundee Reit
2) Atlantic Power Corporation
3) Northland Power Income Fund
4) Inter Pipeline Fund
5) Fort Chicago Energy Partners
6) Yellow Pages Income Fund
7) Transalta Power LP
8) Keyera Facilities Income Fund
9) Baytex Energy Trust
10) Altagas Income Trust

Contact Information

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