Citadel Stable S-1 Income Fund
TSX : CSR.UN

Citadel Stable S-1 Income Fund

November 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on November 30, 2008 and payable on December 15, 2008 is $0.0583 Cdn per unit.

Throughout the month of October 2008, Stable S-1 repurchased 65,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 18, 2008, Citadel Stable S-1's net asset value was $5.71 Cdn per unit. The current portfolio consists of 11% real estate investment trusts, 16% oil and gas royalty trusts, 14% power generation funds, 21% ongoing business trusts, 16% pipeline and energy distribution funds, and 22% cash and cash equivalents.



Top Ten Holdings at November 18, 2008:

1) Bell Aliant Regional Communications
2) Yellow Pages Income Fund
3) Riocan Reit
4) Fort Chicago Energy Partners
5) EPCOR Power LP
6) Northland Power Income Fund
7) Keyera Facilities Income Fund
8) Altagas Income Trust
9) Innergex Power Income Fund
10) Superior Plus Income Fund


Contact Information

  • Citadel Stable S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing (East)
    1-877-261-9674
    or
    Citadel Stable S-1 Income Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com