Citadel Multi-Sector Income Fund

Citadel Multi-Sector Income Fund

March 22, 2005 09:30 ET

Citadel Multi-Sector Announces Distribution and Top Ten Holdings


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CITADEL MULTI-SECTOR INCOME FUND

TSX SYMBOL: CMS.UN

MARCH 22, 2005 - 09:30 ET

Citadel Multi-Sector Announces Distribution and Top
Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - March 22, 2005) - Citadel Multi-Sector
Income Fund (TSX:CMS.UN) reports the distribution to unitholders of
record at the close of business on March 31, 2005 and payable on April
15, 2005 is $0.0833 Cdn per unit.

As at March 17, 2005, Citadel Multi-Sector's net asset value was $12.21
Cdn per unit. The current portfolio consists of 38% ongoing business
trusts, 25% oil and gas royalty trusts, 14% real estate investment
trusts, 14% pipeline and energy distribution funds, 2% power generation
funds and 7% cash and cash equivalents.



Top Ten Holdings at March 17, 2005:

1) Paramount Energy Trust
2) Acclaim Energy Trust
3) ARC Energy Trust
4) TransForce Income Fund
5) Trinidad Energy Services Income Trust
6) CCS Income Trust
7) Priszm Canadian Income Fund
8) Borealis Retail Reit
9) Bonavista Energy Trust
10) Inter Pipeline Fund


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Citadel Multi-Sector Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Email: info@citadelfunds.com
    Website: www.citadelfunds.com