Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

March 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - March 20, 2008) - Citadel S-1 Income Trust Fund ("Citadel S-1" or the "Fund") (TSX:SDL.UN) reports the distribution to unitholders of record at the close of business on March 31, 2008 and payable on April 15, 2008 is $0.104 Cdn per unit.

Throughout the month of February 2008, Citadel S-1 repurchased 16,518 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 13, 2008, Citadel S-1's net asset value was $14.39 Cdn per unit. The current portfolio consists of 36% utility and infrastructure, 28% income funds, 21% oil and gas royalty trusts, 13% real estate investment trusts, and 2% cash and cash equivalents.

Top Ten Holdings at March 18, 2008:

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

Contact Information

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