Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

October 23, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Oct. 23, 2007) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) reports the distribution to unitholders of record at the close of business on October 31, 2007 and payable on November 15, 2007 is $0.104 Cdn per unit.

Throughout the month of September 2007, Citadel S-1 repurchased 15,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at October 18, 2007, Citadel S-1's net asset value was $15.62 Cdn per unit. The current portfolio consists of 32% utility and infrastructure, 27% income funds, 19% oil and gas royalty trusts, 15% real estate investment trusts, and 7% cash and cash equivalents.

Top Ten Holdings at October 18, 2007:

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