Citadel Premium Income Fund

Citadel Premium Income Fund

December 19, 2006 12:20 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Dec. 19, 2006) - Citadel Premium Income Fund (TSX:CPF.UN) reports the distribution to unitholders of record at the close of business on December 31, 2006 and payable on January 15, 2006 is $0.085 Cdn per unit.

Throughout the month of November 2006, Citadel Premium repurchased 131,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 14, 2006, Citadel Premium's net asset value was $10.76 Cdn per unit. The current portfolio consists of 26% oil and gas royalty trusts, 47% ongoing business trusts, 3% power funds, 12% real estate investment trusts, 5% utilities and infrastructure, 3% common shares and 4% cash and cash equivalents.

Top Ten Holdings at December 15, 2006:

1) Vermilion Energy Trust
2) Enerplus Resources Fund
3) ARC Energy Trust
4) Focus Energy Trust
5) TransForce Income Fund
6) Crescent Point Energy Trust
7) H&R Reit
8) Innvest Reit
9) Telus Corp
10) Altagas Income Trust

Contact Information

  • Citadel Premium Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing