Citadel Premium Income Fund

Citadel Premium Income Fund

February 19, 2009 09:30 ET

Citadel Premium Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Feb. 19, 2009) - Citadel Premium Income Fund (TSX:CPF.UN) ("Citadel Premium" or the "Fund") reports the distribution to unitholders of record at the close of business on February 28, 2009 and payable on March 16, 2009 is $0.085 Cdn per unit.

Throughout the month of January 2008, Citadel Premium repurchased 106,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 12, 2009, Citadel Premium's net asset value was $5.20 Cdn per unit. The current portfolio consists of 40% oil and gas royalty trusts, 37% ongoing business trusts, 10% real estate investment trusts, 7% utilities and infrastructure, and 6% cash and cash equivalents.

Top Ten Holdings at February 17, 2009:

1) Crescent Point Energy Trust
2) Vermilion Energy Trust
3) Canadian Oil Sands Trust
4) ARC Energy Trust
5) IBI Income Fund Trust
6) Keystone North America Inc.
7) Baytex Energy Trust
8) Futuremed Healthcare Income Fund
9) Inter Pipeline Fund
10) Enerplus Resources Fund

Contact Information

  • Citadel Premium Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    Citadel Premium Income Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region