Citadel Premium Income Fund

Citadel Premium Income Fund

August 23, 2007 09:30 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Aug. 23, 2007) - Citadel Premium Income Fund (TSX:CPF.UN) reports the distribution to unitholders of record at the close of business on August 31, 2007 and payable on September 14, 2007 is $0.085 Cdn per unit.

Throughout the month of July 2007, Citadel Premium repurchased 167,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at August 16, 2007, Citadel Premium's net asset value was $10.57 Cdn per unit. The current portfolio consists of 29% oil and gas royalty trusts, 50% ongoing business trusts, 9% real estate investment trusts, 7% utilities and infrastructure, and 5% cash and cash equivalents.

Top Ten Holdings at August 21, 2007:

1) Vermilion Energy Trust
2) Focus Energy Trust
3) ARC Energy Trust
4) Inter Pipeline Fund
5) Keystone North America Inc
6) TransForce Income Fund
7) AG Growth Income Fund
8) Enerplus Resources Fund
9) Keyera Facilities Income Fund
10) Crescent Point Energy Trust

Contact Information

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