Citadel Premium Income Fund

Citadel Premium Income Fund

September 20, 2007 09:30 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2007) - Citadel Premium Income Fund (TSX:CPF.UN) reports the distribution to unitholders of record at the close of business on September 30, 2007 and payable on October 15, 2007 is $0.085 Cdn per unit.

Throughout the month of August 2007, Citadel Premium repurchased 44,200 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at September 13, 2007, Citadel Premium's net asset value was $10.99 Cdn per unit. The current portfolio consists of 30% oil and gas royalty trusts, 53% ongoing business trusts, 9% real estate investment trusts, 7% utilities and infrastructure, and 1% cash and cash equivalents.

Top Ten Holdings at September 18, 2007:

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

Contact Information

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