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

Citadel S-1 Income Trust Fund

March 23, 2009 15:19 ET

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

CALGARY, ALBERTA--(Marketwire - March 23, 2009) - 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, 2009 and payable on April 15, 2009 is $0.104 Cdn per unit.

Throughout the month of February 2009, Citadel S-1 repurchased 13,100 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 19, 2009, Citadel S-1's net asset value was $9.17 Cdn per unit. The current portfolio consists of 38% utility and infrastructure, 19% income funds, 17% oil and gas royalty trusts, 14% real estate investment trusts, and 12% cash and cash equivalents.



Top Ten Holdings at March 19, 2009:

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


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