Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

September 20, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2007) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) reports the distribution to unitholders of record at the close of business on September 30, 2007 and payable on October 15, 2007 is $0.104 Cdn per unit.

Throughout the month of August 2007, Citadel S-1 repurchased 17,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at September 13, 2007, Citadel S-1's net asset value was $15.39 Cdn per unit. The current portfolio consists of 31% utility and infrastructure, 26% income funds, 18% oil and gas royalty trusts, 17% real estate investment trusts, and 8% cash and cash equivalents.

Top Ten Holdings at September 18, 2007:

1) Northland Power Income Fund
2) Inter Pipeline Fund
3) Keyera Facilities Income Fund
4) Altagas Income Trust
5) Firm Capital Mortgage Investment Trust
6) EPCOR Power LP
7) Yellow Pages Income Fund
8) Vermilion Energy Trust
9) Riocan Reit
10) CML Healthcare Income Fund

Contact Information

  • Citadel S-1 Income Trust Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    Toll Free: 1-877-261-9674