Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

February 20, 2007 13:45 ET

Citadel S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Feb. 20, 2007) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) reports the distribution to unitholders of record at the close of business on February 28, 2007 and payable on March 15, 2007 is $0.104 Cdn per unit.

Throughout the month of January 2007, Citadel S-1 repurchased 17,200 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 15, 2007, Citadel S-1's net asset value was $15.38 Cdn per unit. The current portfolio consists of 27% utility and infrastructure, 30% income funds, 18% oil and gas royalty trusts, 20% real estate investment trusts, and 5% cash and cash equivalents.

Top Ten Holdings at February 15, 2007:

1) Northland Power Income Fund
2) Firm Capital Mortgage Investment Trust
3) Inter Pipeline Fund
4) Keyera Facilities Income Fund
5) Altagas Income Trust
6) Dundee Reit
7) Riocan Reit
8) Amtelecom Income Fund
9) Yellow Pages Income Fund
10) Extendicare Reit

Contact Information

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