Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

January 23, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Jan. 23, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on January 31, 2008 and payable on February 15, 2008 is $0.0583 Cdn per unit.

Throughout the month of December 2007, Citadel Stable S-1 repurchased 91,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 21, 2008, Citadel Stable S-1's net asset value was $7.35 Cdn per unit. The current portfolio consists of 11% real estate investment trusts, 19% oil and gas royalty trusts, 17% power generation funds, 29% ongoing business trusts, 21% pipeline and energy distribution funds, and 3% cash and cash equivalents.

Top Ten Holdings at January 21, 2008:

1) Atlantic Power Corporation
2) Fort Chicago Energy Partners
3) Altagas Income Trust
4) Inter Pipeline Fund
5) Northland Power Income Fund
6) Yellow Pages Income Fund
7) CML Healthcare Income Trust
8) Keyera Facilities Income Fund
9) Noranda Income Fund
10) Sun Gro Horticulture Income Fund

Contact Information

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