Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

July 21, 2005 09:30 ET

Citadel S-1 Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - July 21, 2005) - Citadel S-1 Income Trust Fund (TSX:SDL.UN)reports the distribution to unitholders of record at the close of business on July 31, 2005 and payable on August 15, 2005 is $0.208 Cdn per unit.

As at July 14, 2005, Citadel S-1's net asset value was $33.71 Cdn per unit. The current portfolio consists of 39% utility and infrastructure, 23% income funds, 13% real estate investment trusts, 16% oil and gas royalty trusts, and 9% cash and cash equivalents.

Top Ten Holdings at July 19, 2005:

1) TransAlta Power L.P
2) Inter Pipeline Fund
3) Keyera Facilities Income Fund
4) Superior Plus Income Fund
5) Dundee Reit
6) Boralex Power Income Fund
7) Algonquin Power Income Fund
8) Northland Power Income Fund
9) Royal LePage Franchise
10) Firm Capital

Contact Information

  • Citadel S-1 Income Trust Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing