Citadel Premium Income Fund

Citadel Premium Income Fund

February 20, 2007 13:45 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Feb. 20, 2007) - Citadel Premium Income Fund (TSX:CPF.UN) reports the distribution to unitholders of record at the close of business on February 28, 2007 and payable on March 15, 2007 is $0.085 Cdn per unit.

Throughout the month of January 2007, Citadel Premium repurchased 214,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 15, 2007, Citadel Premium's net asset value was $11.10 Cdn per unit. The current portfolio consists of 27% oil and gas royalty trusts, 40% ongoing business trusts, 1% power funds, 11% real estate investment trusts, 7% utilities and infrastructure, and 14% cash and cash equivalents.

Top Ten Holdings at February 15, 2007:

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

Contact Information

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