Series S-1 Income Fund

Series S-1 Income Fund

November 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2008) - Series S-1 Income Fund ("Series S-1" or the "Fund") (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on November 30, 2008 and payable on December 15, 2008 is $0.075 Cdn per unit.

Throughout the month of October 2008, Series S-1 repurchased 44,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 18, 2008, Series S-1's net asset value was $7.03 Cdn per unit. The current portfolio consists of 25% ongoing business trusts, 20% power generation funds, 15% oil and gas royalty trusts, 7% real estate investment trusts, 23% pipeline and energy distribution funds, and 10% cash and cash equivalents.

Top Ten Holdings at November 18, 2008:

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

Contact Information

  • Series S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing (East)
    Series S-1 Income Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region