Citadel S-1 Income Trust Fund
TSX : SDL.UN

Citadel S-1 Income Trust Fund

December 19, 2008 16:49 ET

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

CALGARY, ALBERTA--(Marketwire - Dec. 19, 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 December 31, 2008 and payable on January 15, 2009 is $0.104 Cdn per unit.

Throughout the month of November 2008, Citadel S-1 repurchased 14,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 18, 2008, Citadel S-1's net asset value was $9.18 Cdn per unit. The current portfolio consists of 37% utility and infrastructure, 20% income funds, 18% oil and gas royalty trusts, 13% real estate investment trusts, and 12% cash and cash equivalents.



Top Ten Holdings at December 18, 2008:

1) Northland Power Income Fund
2) Keyera Facilities Income Fund
3) Bell Aliant Regional Communications Income Fund
4) Altagas Income Trust
5) Firm Capital Mortgage Investment Trust
6) Inter Pipeline Fund
7) Riocan Reit
8) EPCOR Power LP
9) Superior Plus Income Fund
10) Yellow Pages Income Fund


Contact Information

  • Citadel S-1 Income Trust Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    or
    Citadel S-1 Income Trust Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com