Citadel S-1 Income Trust Fund

Citadel S-1 Income Trust Fund

June 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - June 20, 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 June 30, 2008 and payable on July 15, 2008 is $0.104 Cdn per unit.

Throughout the month of May 2008, Citadel S-1 repurchased 14,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at June 12, 2008, Citadel S-1's net asset value was $14.88 Cdn per unit. The current portfolio consists of 36% utility and infrastructure, 24% income funds, 21% oil and gas royalty trusts, 13% real estate investment trusts, and 6% cash and cash equivalents.

Top Ten Holdings at June 18, 2008:

1) Keyera Facilities Income Fund
2) Northland Power Income Fund
3) EPCOR Power LP
4) Altagas Income Trust
5) Inter Pipeline Fund
6) Firm Capital Mortgage Investment Trust
7) Yellow Pages Income Fund
8) Bell Aliant Regional Communications Income Fund
9) Crescent Point Energy Trust
10) Fort Chicago Energy Partners LP

Contact Information

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