Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

February 21, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2008) - Citadel S-1 Income Trust Fund (TSX:SDL.UN) ("Citadel S-1" or the "Fund") reports the distribution to unitholders of record at the close of business on February 29, 2008 and payable on March 14, 2008 is $0.104 Cdn per unit.

Throughout the month of January 2008, Citadel S-1 repurchased 12,800 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 14, 2008, Citadel S-1's net asset value was $14.23 Cdn per unit. The current portfolio consists of 34% utility and infrastructure, 30% income funds, 20% oil and gas royalty trusts, 15% real estate investment trusts, and 1% cash and cash equivalents.

Top Ten Holdings at February 18, 2008:

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

Contact Information

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